Senior Portfolio Finance Manager
fluence energyHouston (TX)
Senior Portfolio Finance Manager
Posted 30 days ago
fluence energyHouston (TX)
SENIORITY
Senior
About the role
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 large 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 the largest and most complex 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 and act as a peer reviewer to ensure control compliance
- 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 GroupsManage construction subcontractors and other suppliers to maintain project delivery timeline and quality
- Understand and manage sales, property, and personal tax requirements
- Act as a mentor to new or junior level Portfolio Finance Managers
- Work to continuously improve project onboarding and execution processes
- Key Qualifications and Experience 8-10 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 SAP, Unifier Primavera or similar systems
- Strong background in using MS Office software: Excel, Word, and PowerPointBachelor's degree with a major in accounting or financeMBA or CPA 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 VoicesWe 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 FluentOur 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 ImpactWe 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 InWe 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.
Summary
Location: USA-GA-Alpharetta; USA-TX-Houston
Type: Full time
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