Manager, Financial Planning & Analysis (FP&A) at Commonwealth Fusion Systems

Massachusetts, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Fusion Energy, Clean Energy, ManufacturingIndustries

Requirements

Bachelor’s degree in Business, Finance, Accounting, Economics, or a STEM field
5+ years experience managing teams of finance professionals
7+ years of experience working at a fast-growing technology, manufacturing, or start-up company
Proven experience with financial modeling, budget development, results reporting, and forecasting to support operational decision-making, particularly in a manufacturing environment
Strong business partnering skills, with a track record of building and maintaining effective relationships with senior leaders across different functions
Excellent verbal and written communication skills, with the ability to effectively communicate complex financial information to both business and technical teams
High energy and engagement, with the flexibility to thrive in a dynamic, fast-paced environment
Perform activities such as typing, standing, or 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

Responsibilities

Lead cost budgeting, forecasting, tracking, and reporting throughout the development lifecycle of SPARC, with a focus on Bill of Materials (BOM) cost and Non-Recurring Engineering (NRE)
Design and deliver new financial planning processes and workflows that are optimized for our unique business requirements, particularly within a manufacturing and R&D context
Act as a trusted business partner to leadership, providing financial insights and strategic recommendations to ensure business units operate in a capital-efficient manner
Manage and mentor a team of FP&A professionals, fostering a culture of collaboration, continuous improvement, and high performance
Support critical capital allocation decisions by providing rigorous financial analysis and modeling for new projects and strategic initiatives
Drive process improvements to enhance the accuracy and efficiency of financial reporting and analysis

Skills

FP&A

Budgeting

Forecasting

Financial Reporting

BOM Analysis

NRE

Cost Tracking

Unit Economics

Financial Modeling

Excel

Commonwealth Fusion Systems

Develops and commercializes fusion energy systems

About Commonwealth Fusion Systems

Commonwealth Fusion Systems focuses on developing fusion energy as a clean and sustainable power source. The company utilizes advanced magnet technology, created in partnership with MIT, to build smaller and more affordable fusion systems called tokamaks. These devices use magnetic fields to confine plasma in a toroidal shape, which is an effective method for achieving fusion. Currently, CFS is manufacturing high-temperature superconducting magnets and constructing SPARC, the first commercially-relevant net energy fusion machine. The success of SPARC is intended to lead to the development of ARC, the first fusion power plant. CFS differentiates itself from competitors by its commitment to scientific integrity and a mission-driven approach, focusing on delivering cost-competitive fusion energy to help combat climate change. The ultimate goal is to provide a reliable and abundant energy source for energy providers and industries that require significant power.

Harvard, MassachusettsHeadquarters

2018Year Founded

$1,958.7MTotal Funding

GRANTCompany Stage

EnergyIndustries

501-1,000Employees