Senior Portfolio Finance Manager

Fluence Energy, LLC; Houston (TX); On-site; USD 150,000 - 210,000; Full time

Job summary

Fluence Energy, LLC is seeking a Senior Portfolio Finance Manager to oversee the financial management of a portfolio of large projects in the Americas. You will work with project managers to ensure performance against budget, maintain estimates, and ensure compliance with revenue recognition and contract terms.

The ideal candidate has 8–10 years in project finance within the energy sector, strong experience with SAP/Unifier Primavera, and advanced MS Office skills.

Qualifications

• Bachelor's degree in accounting or finance required.
• 8-10 years of financially managing large projects, preferably in energy.
• Advanced understanding of project accounting methods including POC revenue recognition.
• Experience with SAP, Unifier Primavera or similar systems.
• Strong MS Office skills (Excel, Word, PowerPoint).
• MBA or CPA a plus.

Responsibilities

• Be financially responsible for a portfolio of the largest and most complex projects within the Americas region.
• Provide timely transparency around project performance against budget and maintain monthly Estimates at Completion for Revenue, Cost, and Margin.
• Ensure adherence to accounting guidelines, including revenue recognition conclusions.
• Ensure adherence to commercial terms and conditions and highlight associated risks.
• Track, evaluate and mitigate contract penalties such as performance guarantees and liquidated damages for delays.
• Review, verify and process project related transactions (purchase requisitions, invoices, etc.).

Skills

Project accounting

Revenue recognition

Contract management

SAP

Unifier Primavera

MS Office

Education

Bachelor's degree in accounting or finance

Tools

SAP

Unifier Primavera

Job description

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.

As the Senior Portfolio Finance Manager, you will:

• 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, including revenue recognition conclusions
• 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 Groups
• Manage 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

What will our ideal candidate bring to Fluence?

• 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 PowerPoint
• Bachelor’s degree with a major in accounting or finance
• MBA 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 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.