Portfolio Finance Manager

Fluence Energy•Arlington, VA

20h

About The Position

Fluence (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. Their solutions and operational services aim to create a more resilient grid and unlock the full potential of renewable portfolios, transforming the way the world is powered for a more sustainable future. This position reports to the Director, Portfolio Finance Management and is responsible for managing and tracking all commercial aspects of a portfolio of BESS projects. Key responsibilities include driving accounting compliance, ensuring adherence to commercial contract terms, executing financial and operational internal controls, managing customer contract changes and supplier claims, and maintaining operational excellence. The role requires extensive interaction with internal stakeholders, customers, suppliers, and outside contractors, and a strong background in accounting and finance, contract administration, and experience with infrastructure and construction projects.

Requirements

5+ years of financially managing large projects, preferably in the energy sector, including scopes of engineering, procurement and construction and equipment supply and services agreements
Advanced understanding of project accounting methods, including POC revenue recognition
Advanced knowledge of project related activities and the project lifecycle
Advanced understanding of commercial contract terms and conditions
Advanced understanding of project risk management requirements in the areas of insurance, securities, guarantees, liquidated damages, etc.
Experienced in negotiating directly with customers and suppliers
Experienced in the use of NetSuite, SAP, Unifier Primavera or similar systems
Strong background in using MS Office software: Excel, Word, and PowerPoint
Bachelor’s degree with a major in accounting or finance

Nice To Haves

MBA or CPA a plus
Proficiency in Spanish (written and spoken) is a plus

Responsibilities

Be financially responsible for a portfolio of projects within the Americas region
Work closely with project managers to provide timely transparency around project performance against budget and maintain monthly Estimates at Completion for Revenue, Cost, and Margin.
Ensure adherence to applicable accounting guidelines
Ensure adherence to commercial terms and conditions and highlight associated risks
Ensure accurate project forecasts, incorporating known risks and opportunities
Execute internal controls related to Order-to-Cash
Drive to improve project performance through change orders and supplier claims
Review, verify and process project related transactions (purchase requisitions, invoices, etc.)
Track, evaluate and work to mitigate contract penalties such as performance guarantees and liquidated damages for delays
Organize project reviews throughout the life of each contract
Report Non-conformance costs and help to identify Solution Groups
Manage construction subcontractors and other suppliers to maintain project delivery timeline and quality
Understand and manage sales, property, and personal tax requirements
Work to continuously improve project onboarding and execution processes