Portfolio Finance Manager - Services Business

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.

The Commercial Project Manager - Services Business)is responsible for managing and tracking all commercial, accounting, finance, tax and legal related matters of our Long-Term Services Agreements in close cooperation with the field services engineers, the

services planners and other related functions like procurement, logistics, and safety & quality teams.

The position also requires interfacing with external stakeholders, specifically with our customer’s operations teams and commercial counterparts.

- Maintain conformity of our services projects with accounting standards to ensure accuracy of financial reporting and revenue recognition.

- 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 services team to optimize the projects’ margins.

- Carry out proactive accounts receivables management to achieve project cash flow targets.

- Ensure that change orders and warranty claims towards suppliers and customers are properly endorsed, entered, and negotiated.

- Partner up with procurement and legal team in preparation of contracts with suppliers and subcontractors.

- Keep track and manage project risks (e.g., warranty, status of asset performance and provided performance-related guarantees, supplier risks, schedule risks, etc.) and opportunities together with the services team.

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

- Execute guarantees, bonds and LCs for performance and warranty purposes during services period and follow-up expired ones.

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

- Coordination with legal interfaces for all contractual and legal activities regarding customer and 3rd parties.

• 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 can work independently as well as a member of project teams.

• Bring vast understanding of accounting standards (USGAAP), experience in revenue recognition for long-term services contracts, understand requirements for accruals, provisions, commercial month end closing and audit activities.

• Bring experience as a commercial manager for services or accountant of construction, utility, services, renewable energy, or energy storage projects.

• Have a large interest in renewable energy and basic understanding of functioning of electricity markets and different applications/ revenue models for battery energy storage assets.

• Have experience commercial negotiations or contracts management of complex commercial transactions/ claims.

• Knowledge of logistic processes and tax topics is a bonus.

Bachelor’s degree with a major in finance, accounting or business administration.