Portfolio Finance Manager

Posted Yesterday
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Manila, Metro Manila, National Capital Region, PHL
In-Office
Senior level
Energy
The Role
Lead finance, commercial, accounting, tax and legal activities for large-scale battery energy storage projects. Ensure compliance with accounting standards and SOX, manage contracts, forecasting, cost control, AR, guarantees, insurance, claims, and commercial negotiations with 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:

Portfolio Finance Manager

Location: BGC Taguig, Philippines

About Fluence

Fluence, a Siemens and AES company, is the global market leader in energy storage technology solutions and services. Fluence is creating a more sustainable future by combining the agility of a technology company with the expertise and vision of two respected industry giants.

Our Culture and values

We are a start up with a purpose to transform the way we power our world. It requires creativity, diversity of ideas and backgrounds, and building trust to effect change and move with speed.

We are Leading

Fluence currently has 2.4 gigawatts of projects in operation or awarded across 24 countries and territories worldwide—and we are growing every day.

We are Responsible

Fluence is defined by its unwavering commitment to safety, quality, and integrity.

We are Agile

We achieve our goals and meet our customer’s needs by cultivating curiosity, adaptability, and self-reflection in our teams.

We are Fun

We value the diversity in thought and experience of our coworkers and customers. Through honest, forthcoming, and respectful communications we work to ensure that Fluence is an inclusive and welcoming environment for all.

ABOUT THE POSITION

This position offers you a unique opportunity to be at the forefront of the country’s transition towards renewable energy and make a significant contribution to the financial success of Fluence’s large-scale battery energy storage projects in the country. As the Portfolio Finance Manager, you will be leading and managing all finance, commercial, accounting, tax and legal related project matters in close cooperation with the technical project manager and other related functions like procurement, engineering, commissioning, legal, FP&A, regional controllers, and taxes. The job is nominally based in our Taguig office in the Philippines.

As the Portfolio Finance Manager, you will:

  • Maintain conformity of our projects with accounting standards and SOX requirements to ensure accuracy of financial reporting.
  • Ensure effective contract oversight — monitoring that commercial and legal conditions with customers, suppliers, and subcontractors are managed appropriately together with the Contracts Manager.
  • Prepare, present and evaluate project commercial data (forecasting and budgeting) for our management, project review meetings or financial audit purposes.
  • Classify and control project costs and execute cost analyses together with the project execution team to optimize the project margin.
  • Carry out a proactive accounts receivables management to achieve the project cash flow targets, handle foreign exchange rates as well as communication to financial institutions.
  • Take role in preparation of legal and commercial conditions of contracts with customers, suppliers and subcontractors.
  • Keep track and manage project risks (e.g., contractual risks such as project delays, supplier risks, schedule risks, system performance, etc.) and opportunities together with the execution team.
  • Actively communicate with customer’s commercial representatives and manage solving issues.
  • Execute guarantees, bonds and LCs for advance payment, performance and warranty purposes and follow-up expired ones.
  • Ensure sufficient insurance coverage of the projects during shipment, onsite activities and warranty period.
  • Ensure that claims towards suppliers and customers are properly endorsed, entered and negotiated.

What will our ideal candidate bring to Fluence?

  • Minimum 8 years experience and Bachelor in Accounting, Economics, Business Administration, Controlling or any finance related subject.
  • Be self-motivated, ambitious, organized, possess strong time management skills, pay attention to details and have a sense of urgency for critical deadlines.
  • Be a self-starter who has the ability to work independently as well as a member of project teams.
  • Demonstrate the curiosity gene — willing to adapt, grow, and pivot as needed.
  • Bring vast understanding of accounting standards (USGAAP), experience in PoC revenue recognition, understanding requirements for accruals, provisions, commercial month end closing and audit activities.
  • Bring experience as a portfolio finance manager or financial project controller of large-scale construction, utility, renewable energy or energy storage projects.
  • Have extensive experience in commercial negotiations, contracts and claims management of complex EPC contract.
  • Knowledge and experience in taxes, accounting and audit.

Fluence IS AN EQUAL OPPORTUNITY EMPLOYER and fully subscribes to the principles of Equal Employment Opportunity to ensure that all applicants and employees are considered for hire, promotion, and job status without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, marital or familial status.

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.

Skills Required

  • Minimum 8 years experience in finance or related field and Bachelor in Accounting, Economics, Business Administration, Controlling or finance-related degree
  • Deep understanding of accounting standards (US GAAP) and SOX compliance
  • Experience in PoC revenue recognition, accruals, provisions, commercial month-end closing and audit activities
  • Experience as portfolio finance manager or financial project controller for large-scale construction, utility, renewable energy or energy storage projects
  • Extensive experience in commercial negotiations, contracts and claims management for complex EPC contracts
  • Knowledge and experience in taxes, accounting and audit
  • Proven contract oversight capabilities with customers, suppliers and subcontractors
  • Accounts receivable management, cash flow optimization, and handling foreign exchange and bank communications
  • Experience executing and managing guarantees, bonds and letters of credit (advance payment, performance, warranty)
  • Ability to classify and control project costs and perform cost analyses to optimize project margin
  • Risk management of project contractual, schedule, supplier and performance risks
  • Strong communication and stakeholder management skills to interact with customers and project teams
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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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