Portfolio Finance Manager/ Project Finance Manager

Location: BGC Taguig, Philippines

Fluence, a Siemens and AES company, is the global market leader in energy storage technology solutions and services. Fluence is creating a more sustainable future by combining the agility of a technology company with the expertise and vision of two respected industry giants.

Our Culture and values

We are a start up with a purpose to transform the way we power our world. It requires creativity, diversity of ideas and backgrounds, and building trust to effect change and move with speed.

We are Leading

Fluence currently has 2.4 gigawatts of projects in operation or awarded across 24 countries and territories worldwide—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.

ABOUT THE POSITION

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?

• At least years experience in Finance, especially it's project financial management.
• 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.