Financial Analyst

Commonwealth Fusion Systems

190

Devens, MA, United States

Posted on: 2024-10-28

Category: renewables

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Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

Commonwealth Fusion Systems (CFS) has the fastest, lowest cost path to commercial fusion energy.

CFS is collaborating with MIT to leverage decades of research combined with new groundbreaking high-temperature superconducting (HTS) magnet technology. HTS magnets will enable compact fusion power plants that can be constructed faster and at lower cost.

The mission is to deploy fusion power plants to meet global decarbonization goals as fast as possible. CFS has assembled a team of leaders in tough tech, fusion science, and manufacturing with a track record of rapid execution. Supported by the world’s leading investors, CFS is uniquely positioned to deliver limitless, clean, fusion power to combat climate change.

If you are interested in joining our team, check out cfs.energy/careers for more information.

About Commonwealth Fusion Systems:

Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy.

Combining decades of research, top talent and new technologies, we’re designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future.

We’re in the best position to make it happen. Since 2018, we’ve raised over $2 billion in capital – more than any other fusion energy company in the U.S.

Now we’re looking for more thinkers, doers, builders, and makers to join us. People who’ll bring new perspectives, solve tough problems, and thrive as part of a team.

If that’s you and this role fits, we want to hear from you.

Join the power movement as a Financial Analyst

The FP&A function acts as the operating financial arm of the company. We ensure that each team has timely and accurate information on budgets, resourcing and actual results. We help leaders make informed decisions and operate with cost efficiency and continuous improvement in mind. We help set the long-term financial strategy for the company, including developing CFS’s understanding of our products’ unit economics.

This role will be an integral part of the FP&A team, supporting various functions and collaborating closely with internal stakeholders. In addition to the primary responsibilities outlined below, this role will also work with teams across the organization to ensure accurate budget mapping, data integrity, and process improvement. A successful candidate will engage with budget leaders to monitor purchase orders, analyze budget variances, and contribute to the financial reporting process.

At CFS, we excel in fast-paced environments, driven by our values of integrity, execution, impact, and self-critique. As we grow, we’re eager to bring on mission-driven folks who offer diverse perspectives and fresh ways to tackle challenges.

We value diversity deeply and are proud to be an equal opportunity employer by choice. We consider all qualified applicants equally, regardless of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law.

What you'll do:

Support the development and enhancement of production metrics to inform and size company resource requirements

Develop and maintain processes to improve data accuracy and help our factory transition from a development into a manufacturing environment

Build financial forecasts for the cost of the Tokamak hardware we produce and the capital equipment we need to produce it

Track and report on factory financial performance to business leaders"

What we’re looking for:

Bachelor’s degree in Business, Finance, Accounting, Economics, or STEM fields

Grasp of budget development, results reporting, forecasting and financial analysis to support operational decision-making

Grasp of company long-term financial planning, including revenue, cost, investment, cashflow analysis and valuation

1-3 years of experience working at a fast growing technology company or other dynamic business with development cycles and change akin to that of a growth company

Strong Excel and SQL experience

High energy and engagement, with flexibility to complete work during periodic very busy times

Excellent verbal and written communication & data presentation skills, including the ability to effectively communicate with both business and technical teams

Collaborative work style

Bonus points:

Understanding of Enterprise Applications (e.g., ERP, MES, etc) and basic underlying data architecture

Eagerness to understand business problem sets unique to manufacturing and R&D environments

Technical mindset and strong organizational skills

Familiarity with Python or similar programming languages

Track record of collaborating with other teams on building and sharing analytic tools

Ability to perform activities such as typing and sitting for extended periods of time

Willingness to travel or work required nights/weekends/on-call occasionally

Work in a facility that contains industrial hazards including heat, cold, noise, fumes, strong magnets, lead (Pb), high voltage, high current, pressure systems, and cryogenics

Desire to learn on the job and take on complex problems

Essential Requirements:

Ability to perform activities such as typing and sitting for extended periods of time

Willingness to do occasional travel

Work in a facility that contains industrial hazards including heat, cold, noise, fumes, strong magnets, lead (Pb), high voltage, high current, pressure systems, and cryogenics

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