Portfolio Finance Manager

Posted Yesterday
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3 Locations
In-Office
Senior level
Energy
The Role
Manage commercial and financial aspects of a portfolio of BESS projects in the Americas, ensuring accounting compliance, contract adherence, forecasting (EAC/POC), internal controls, change orders, supplier claims, tax obligations, and project performance while coordinating with project managers, customers, and suppliers.
Summary Generated by Built In

Fluence (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. Our solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of successful implementations across nearly 50 markets, we are transforming the way we power our world for a more sustainable future. For more information, please visit fluenceenergy.com.

Job Description:

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. This includes driving accounting compliance, ensuring adherence to commercial contract terms, executing financial and operational internal controls, driving and managing customer contract changes and supplier claims and maintaining operational excellence. The position requires interfacing with many internal stakeholders as well as with customers, suppliers, and outside contractors. This role requires a background in accounting & finance, including contract administration, and working with infrastructure and construction projects.

Key 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

Qualifications and Experience

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

Our Culture

At Fluence, our culture is the foundation that drives our ambitious growth strategy and fuels our mission to transform the future of energy. Our core cultural pillars empower us to innovate, collaborate, and lead with purpose, ensuring we continue to deliver unparalleled value to our customers and the world.

Unleash Voices

We believe every voice matters. We encourage openness, active listening, and decisive action to create a culture where everyone has the opportunity to contribute to our success. We foster an environment where diverse perspectives are heard and valued, driving innovation and progress.

Customer Fluent

Our customers are at the heart of everything we do. We’re committed to delivering exceptional value that exceeds expectations by understanding our customers' needs and adapting swiftly to meet them. Our deep focus on customer satisfaction drives us to continuously improve and innovate.

Infinite Impact

We are committed to creating the impossible. We push boundaries to deliver sustainable, game-changing solutions that shape a brighter, more energy-efficient future for all. Our team is passionate about making a lasting impact that will resonate for generations to come.

All In

We are all in for growth. Our teams are relentlessly focused on identifying and seizing opportunities that propel us forward. We embrace an ownership mindset, pushing ourselves and each other to accelerate progress and create lasting success.

Equal Opportunity Employer
At Fluence, we believe great teams are built on a collaborative and connected culture. We’re proud to be an Equal Opportunity Employer and welcome qualified applicants of all backgrounds. Employment decisions are made without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, veteran status, gender identity or expression, genetic information, or any other status protected by law.

Work Authorization
To join our team, you’ll need to be legally authorized to work in the United States at the time of application and throughout your employment, without the need for employer sponsorship. Please note that Fluence does not sponsor work visas for this position.

Skills Required

  • 5+ years of financially managing large projects, preferably in the energy sector
  • Background in accounting and finance, including contract administration and experience with infrastructure and construction projects
  • Advanced understanding of project accounting methods, including percentage-of-completion (POC) revenue recognition
  • Advanced knowledge of project lifecycle and project-related activities
  • Advanced understanding of commercial contract terms and project risk management (insurance, securities, guarantees, liquidated damages)
  • Experience negotiating directly with customers and suppliers
  • Experience using NetSuite, SAP, Unifier, Primavera or similar systems
  • Strong proficiency with MS Office (Excel, Word, PowerPoint)
  • Bachelor's degree in accounting or finance
  • Experience managing construction subcontractors and other suppliers
  • Understanding and management of sales, property, and personal tax requirements
  • MBA or CPA
  • Proficiency in Spanish (written and spoken)
  • Legally authorized to work in the United States without employer sponsorship
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The Company
HQ: Arlington, VA
943 Employees
Year Founded: 2018

What We Do

Fluence is a global market leader in energy storage products and services, and digital applications for renewables and storage. With a presence in 30 global markets, Fluence provides an ecosystem of offerings to drive the clean energy transition, including modular, scalable energy storage products, comprehensive service offerings, and the Fluence IQ Platform, which delivers AI-enabled digital applications for managing and optimizing renewables and storage from any provider. The company is transforming the way we power our world by helping customers create more resilient and sustainable electric grids. (Nasdaq: FLNC)

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