Portfolio Finance Manager

Fluence; Arlington (VA); On-site; USD 90,000 - 120,000; Full time

Job summary

Fluence in Arlington, VA is looking for a Project Finance Manager responsible for managing financial aspects of BESS projects. This role involves working closely with project managers, ensuring compliance with commercial contracts, and driving operational excellence. The ideal candidate has over 5 years of experience in project financial management in the energy sector and a strong understanding of project accounting. Proficiency in ERP systems such as NetSuite and SAP is preferred, along with a Bachelor’s degree in accounting or finance.

Qualifications

• 5+ years of financially managing large projects, preferably in the energy sector.
• Advanced understanding of project accounting methods and revenue recognition.
• Experienced in negotiating with customers and suppliers.

Responsibilities

• Be financially responsible for a portfolio of projects.
• Work closely with project managers for performance transparency.
• Ensure adherence to commercial terms and conditions.

Skills

Project management

Accounting compliance

Contract negotiation

Financial forecasting

Risk management

Spanish proficiency

Education

Bachelor’s degree in accounting or finance

MBA or CPA

Tools

NetSuite

SAP

Primavera

MS Office (Excel, Word, PowerPoint)

Job description

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

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.