8-10 years of experience managing large projects, preferably in the energy sector
Advanced understanding of project accounting methods, including POC revenue recognition
In-depth knowledge of project lifecycle and related activities
Expertise in commercial contract terms and conditions
Strong grasp of project risk management, including insurance and guarantees
Proficient in negotiating with customers and suppliers
Experience with SAP, Unifier Primavera, or similar systems
Strong MS Office skills, particularly in Excel, Word, and PowerPoint
Bachelor's degree in accounting or finance; MBA or CPA is a plus
Responsibilities
Manage financial aspects of a portfolio of large, complex projects
Collaborate with project managers to ensure budget transparency and maintain monthly forecasts
Ensure compliance with accounting guidelines and revenue recognition
Monitor adherence to commercial terms and identify associated risks
Provide accurate project forecasts, factoring in risks and opportunities
Implement internal controls related to Order-to-Cash processes
Drive project performance improvements through change orders and supplier claims
Review and process project-related transactions such as invoices
Mitigate contract penalties related to performance guarantees and delays
Organize project reviews throughout contract life
Report non-conformance costs and assist in identifying solutions
Oversee construction subcontractors to ensure timely and quality project delivery
Manage sales, property, and personal tax requirements
Mentor junior Portfolio Finance Managers
Continuously improve project onboarding and execution processes
Benefits
Comprehensive health insurance
Retirement savings plan with company match
Professional development opportunities
Flexible work arrangements
Paid time off and holidays
Full 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 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
About Fluence
Fluence Corporation Limited is a global leader in decentralized water and wastewater treatment solutions. The company provides a range of products and services, including containerized treatment plants, membrane bioreactors, and desalination systems. Fluence's solutions are designed to be energy-efficient, cost-effective, and environmentally sustainable. The company serves a variety of industries, including municipal, industrial, and commercial clients. Fluence has operations in North America, South America, Europe, and the Middle East.
