Senior Financial Analyst

Commonwealth Fusion Systems•Milpitas, CA

1d•$110,000 - $185,000•Onsite

About The Position

Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy. Combining decades of research, top talent, and new technologies, weâre designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future. Weâre in the best position to make it happen. Since 2018, weâve raised nearly $3 billion in capital, making us the largest and leading private fusion company in the world. Now weâre looking for more thinkers, doers, builders, and makers to join us. People whoâll bring new perspectives, solve tough problems, and thrive as part of a team. If thatâs 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 CFSâs understanding of our productsâ 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.

Requirements

Bachelorâs degree in Business, Finance, Accounting, Economics, or STEM fields
Strong understanding of budget development, forecasting, and reporting of financial analysis to support operational decision-making
Strong understanding of company long-term financial planning, including revenue, cost, investment, cashflow analysis and valuation
Strong understanding of GAAP and 3 statement financials
2-5 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
Understanding of Enterprise Applications (e.g., ERP, MES, etc) and basic underlying data architecture
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
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

Nice To Haves

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
Willingness to travel or work required nights/weekends/on-call occasionally
Desire to learn on the job and take on complex problems

Responsibilities

Financial forecasting & reporting:
Track and report on factory financial performance to business managers
Data cleanliness:
Develop and maintain processes to improve data accuracy and help our factory transition from R&D into a manufacturing environment
Cost Modeling:
Advance the factory cost model by applying operational insights to deliver detailed analyses of COGS and the full P&L cost model
ERP Requirements Development:
Develop finance requirements to improve ERP tracking of factory costs
Ad-Hoc Reporting