Fluence

Senior Portfolio Finance Manager

Fluence$120K — $145K *
Energy & Utilities
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8-10 years of experience in financial management of large projects, particularly in the energy sector.
  • Expertise in project accounting methods, including POC revenue recognition.
  • Strong understanding of commercial contract terms and project lifecycle activities.
  • Advanced knowledge in project risk management including insurance and liquidated damages.
  • Proficient in negotiating with customers and suppliers.
  • Experience with software like SAP, Unifier, or Primavera.
  • Strong MS Office skills, especially in Excel, Word, and PowerPoint.
  • Bachelor's degree in accounting or finance; MBA or CPA preferred.

Responsibilities

  • Oversee financial aspects of large, complex projects across the Americas region.
  • Collaborate with project managers to maintain transparency of project budgets and forecasts.
  • Ensure compliance with accounting guidelines and contractual terms.
  • Identify and highlight potential risks associated with contracts.
  • Manage project forecasts, integrating known risks and opportunities.
  • Implement internal controls for Order-to-Cash processes and review for compliance.
  • Enhance project performance through managing change orders and supplier claims.

Benefits

  • Opportunity to work on large-scale projects within the energy sector.
  • Collaboration with diverse teams including project managers and outside contractors.
  • Mentorship opportunities for career growth and leadership development.
  • Focus on continuous improvement in project processes and execution.
  • Exposure to complex contract management and financial oversight responsibilities.
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.

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 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


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 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.
Learn more about Fluence
Size
500 employees
Industry
Net Income
-$20 million
Founded
2017
5 Year Trend
-10%
Revenue
$100 million
NASDAQ

Similar Jobs

More Jobs at Fluence

More Energy & Utilities Jobs

Find similar Senior Portfolio Finance Manager jobs: