What are the responsibilities and job description for the Financial Analyst position at LG Energy Solution Vertech, Inc.?
Financial Analyst
Hybrid 3 days onsite - Westborough, MA
Company Overview
LG Energy Solution Vertech, Inc. (LGES Vertech) is a full-service energy storage system supplier and integrator. Using our core strengths of expert service to our customers, unparalleled safety, and excellence in manufacturing, we bring standardized, fully integrated energy storage systems to a rapidly growing worldwide market. Our systems address our customers' needs to reduce capital equipment and installation costs while enhancing system level performance and reliability using automated monitoring systems and analytics across the battery, power conditioning and auxiliary systems.
Our AEROS® energy operating system is the engine of innovation to provide advanced control functions allowing our customers to maximize the value of their energy storage assets. Our service capabilities include advanced monitoring and analytics, scheduled maintenance, augmentation, and auxiliary system upgrades. The combination of excellence in battery technology and production coupled with nearly two decades of energy storage integration makes LGES Vertech a leading supplier and integrator in the power and energy markets.
LGES Vertech empowers and expects its team members to assume responsibility and make good decisions, while maintaining a team environment that fosters collaboration and innovation. Our diverse and growing team enjoys competitive salaries, generous benefits, including 100% employer sponsored medical, dental and vision insurance, and flexible working hours.
For more information about LGESVT, please visit www.lgensol-vt.com.
Position Overview
The Financial Analyst is part of Vertech’s Project Controls group. This position requires a motivated individual who will be a subject matter expert, is passionate about solving complex problems and being part of the renewable energy revolution and more specifically battery energy storage systems (BESS). This individual will be responsible for leading in the in the planning, budgeting, forecasting, and reporting of all phases of our energy storage projects. They will also be responsible for managing and monitoring day-to-day financial operations of projects and supports other staff responsible for preparing cost proposals and budgets. They will have the opportunity to significantly impact the overall tools, processes, and reporting of the Project Controls group.
Primary responsibilities
- Develops and maintains project-level financial forecasts (cost and revenue) in alignment with project schedules and commercial terms
- Assists in the monthly project cost and revenue recognition processes, ensuring alignment with GAAP and other related accounting standards
- Provides financial support to Project Managers and related team members, helping interpret budget-to-actual variances and support project-level decision-making
- Prepares and presents monthly reporting packages, including variance analyses, KPIs, and cash flow projections
- Tracks contingency, change orders, and exposure forecasts across the project portfolio
- Supports the development of tools, processes, and reporting frameworks to streamline project financial management
- Participates in the annual budgeting process and quarterly reforecast cycles, aligning financial plans with project execution roadmaps
- Supports management of financial related dashboards
- Coordinates with the accounting team to ensure alignment between actuals, accruals, and forecasted cost structures
- Interfaces with Procurement and Project Controls teams to ensure financial alignment across commitments, invoicing, and work-in-progress
- Supports internal and external audits related to project financials
- Participates in project close-out activities, including lessons learned, financial hand-off to Operations & Maintenance, and margin analysis
Required Qualifications
- Bachelor’s Degree or equivalent work experience
- Experience with Microsoft Office suite (especially Excel & Power BI)
- Must have 5 years of experience i
- Experience with SAP
- Understanding of accounting and project controls concepts
- Accuracy with work, strong organizational skills, and attention to detail
- Excellent written and verbal communication skills
- Ability to deal tactfully and diplomatically with others
- Ability to handle multiples projects while meeting deadlines
Certifications
- CMA Certification strongly preferred
- PMP, CPA certifications a plus
Travel
- Occasional up to 10%
Salary : $90,000 - $140,000