Fluence is the leading global energy storage technology and services company, created and backed by Siemens and AES, two industry powerhouses and pioneers in energy storage. Fluence unites the scale, experience, breadth, and financial backing of the two most experienced icons in energy storage.
Our mission is to create a more sustainable future by transforming the way we power our world. Energy storage is critical to this transformation, yet today the market is fragmented and customers face the challenge of finding a trusted technology partner amidst conflicting technical claims, inexperienced vendors and installers, and new market entrants with limited power sector knowledge.
Fluence brings the proven technology solutions and services that overcome the commercial and regulatory barriers that stand in the way of modernizing our energy networks. We are the partner that can deliver at a global scale with the most experienced and knowledgeable team in the world.
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.
OUR CULTURE AND VALUES
We are guided by our passion to transform the way we power our world. Achieving our goals requires creativity, diversity of ideas and backgrounds, and building trust to effect change and move with speed.
We are Leading
Fluence currently has thousands of MW of energy storage projects operated or awarded worldwide in addition to the thousands of MW of projects managed by our trading platform—and we are growing every day.
We are Responsible
Fluence is defined by its unwavering commitment to safety, quality, and integrity.
We are Agile
We achieve our goals and meet our customer’s needs by cultivating curiosity, adaptability, and self-reflection in our teams.
We are Fun
We value the diversity in thought and experience of our coworkers and customers. Through honest, forthcoming, and respectful communications we work to ensure that Fluence is an inclusive and welcoming environment for all.
Role/Mission of the Commercial Finance Manager
The Commercial function is one that is customer focused, caring deeply about improving our customer experiences in order that Fluence grows profitably. The function is fundamental in driving commercial process compliance and in helping drive Fluence in our ambitious growth plan. Our high level of commercial leadership will protect and enhance the Fluence brand in the markets and industries in which we operate such that our customers will have a positive view of the Fluence experience.
The Commercial Manager is an active interface with our sales and engineering teams whilst they are negotiating on terms and conditions and then managing and improving our execution of the contracts in line with the agreed terms.. The individual should be commercially and contractually aware with an ability to work under pressure across multiple projects and manage time effectively.
Major Duties and Responsibilities include the following:
Support the sales and engineering teams during tender negotiations to ensure terms agreed are mutually beneficial and clear for Fluence to execute. The CFM will actively participate in project risk reviews, T&C reviews and negotiations and, ultimately, play an active part in win strategies
The CFM will focus strongly on commercial rigor. Key to this is a thorough assessment of risk (to project and to the Fluence financial performance). The person will have a strong understanding of project cash-flows, milestone management, the application of T&C’s (and mitigating actions when required).
Proactively shape risks and opportunities in contractual negotiations in order to package acceptable deal outcomes
Analysis, screening, and commentary of commercial tender documents and support for completion of offer documents prior to submittal in close cooperation with legal
Coordination with legal Interfaces for all contractual and legal activities with 3rd parties.
Evaluating projects in terms of commercial and administrative conditions during offer stage and giving inputs to Capex and Opex preparation
Manage securities and guarantees from parent companies and external securities provider
Support financing solutions in close cooperation with banks and financial institutions
Definition currency strategy and managing currency risks during tender and offer stage·
Forecasting and planning order entries, margin, and revenue recognition
Ensure an accurate management approval process for opportunities and a seamless handover to the project execution team
Education Requirements
As a Commercial Finance Manager you will be qualified to degree level in a business, finance or engineering discipline and/or you will have gained a minimum of 5 years’ experience in commercial management.
Skill Requirements
Confident and adaptable communicator, comfortable at all levels. A clear thinker able to see the bigger picture and plot a route through the detail. Self-motivated and able to work alone, but equally engage with and bring a team with them on the journey. Commercially experienced in contract negotiation and ability to work across an organisation aligning with key stakeholders both internally and externally.
Technical Requirements
A technical background is welcome but not essential and candidates must possess the ability to understand technical
issues.
Comfortable setting themselves and achieving stretching targets and objectives. Some experience working with (not for) consultancy organisations where they have been involved in a change program. Some experience of working with Private Equity organisations useful but not essential, but being able to understand the financial model of a successful business is essential
Person SpecificationQualities
Intellectually and emotionally strong, a good listener able to capture opinion, good at thinking through and solving problems in a methodical way, self-driven and entrepreneurial, honest and approachable, possess a light hearted side with a sense of humour
Behaviours
Willing to listen, but also able to argue a different case strongly when required and willing to make tough commercial decisions. Sensitive and adaptable to different cultures (internally and externally
KPIs for the first 6 months
They will have successfully gained the confidence and trust of the key stakeholders in the organization (leadership team and through key stakeholders) establishing credibility (and ability) to drive the business in the market.
They will have gained a comprehensive understanding of the businesses capabilities, strengths, areas of improvement and opportunities for growth and development.
They will have played a key role in winning a new contract(s) across key Fluence market sectors.
They will have played a key part in ensuring commercial excellence is applied across the project life-cycle from developing to execution of the project.
Key competencies critical to the role-holder’s success include:
Think strategically / operate tactically where necessary.
Customer centric mindset – help keep the organization aligned
Inventive yet commercially realistic – does it generate value ??
Emotional intelligence – be able to read situations and adapt accordingly
Integrity – Keep to a moral standard
Courage and conviction….bravery builds momentum
Good listening skills - Strong background in using Salesforce and MS Office software: Excel, Word, and PowerPoint· Up to 10% travel as needed domestically and potentially globally
Fluence IS AN EQUAL OPPORTUNITY EMPLOYER and fully subscribes to the principles of Equal Employment Opportunity to ensure that all applicants and employees are considered for hire, promotion, and job status without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, marital or familial status.