Portfolio Finance Manager

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.

This position offers you a unique opportunity to be at the forefront of the country’s transition towards renewable energy and make a significant contribution to the financial success of Fluence’s large-scale battery energy storage projects in the country. As the Portfolio Finance Manager, you will be leading and managing all finance, commercial, accounting, tax and legal related project matters in close cooperation with the technical project manager and other related functions like procurement, engineering,

commissioning, legal, FP&A, regional controllers, and taxes. The job is nominally based in our Taguig office in the Philippines.

As the Portfolio Finance Manager, you will:

· Maintain conformity of our projects with accounting standards and SOX requirements to ensure accuracy of financial reporting.

· Ensure effective contract oversight — monitoring that commercial and legal conditions with customers, suppliers, and subcontractors are managed appropriately together with the Contracts Manager.

· Prepare, present and evaluate project commercial data (forecasting and budgeting) for our management, project review meetings or financial audit purposes.

· Classify and control project costs and execute cost analyses together with the project execution team to optimize the project margin.

· Carry out a proactive accounts receivables management to achieve the project cash flow targets, handle foreign exchange rates as well as communication to financial institutions.

· Take role in preparation of legal and commercial conditions of contracts with customers, suppliers and subcontractors.

· Keep track and manage project risks (e.g., contractual risks such as project delays, supplier risks, schedule risks, system performance, etc.) and opportunities together with the execution team.

· Actively communicate with customer’s commercial representatives and manage solving issues.

· Execute guarantees, bonds and LCs for advance payment, performance and warranty purposes and follow-up expired ones.

· Ensure sufficient insurance coverage of the projects during shipment, onsite activities and warranty period.

· Ensure that claims towards suppliers and customers are properly endorsed, entered and negotiated.

What will our ideal candidate bring to Fluence?

· Live Fluence’s core values responsible, agile, leading and fun.

· Be self-motivated, ambitious, organized, possess strong time management skills, pay attention to details and have a sense of urgency for critical deadlines.

· Be a self-starter who has the ability to work independently as well as a member of project teams.

· Demonstrate the curiosity gene — willing to adapt, grow, and pivot as needed.

· Bring vast understanding of accounting standards (USGAAP), experience in PoC revenue recognition, understanding requirements for accruals, provisions, commercial month end closing and audit activities.

· Minimum of Bachelor in Accounting, Economics, Business Administration, Controlling or any finance related subject.

· Bring experience as a portfolio finance manager or financial project controller of large-scale construction, utility, renewable energy or energy storage projects.

· Have extensive experience in commercial negotiations, contracts and claims management of complex EPC contract.

· Knowledge and experience in taxes, accounting and audit.