Senior Financial Analyst

Milpitas, CA Finance 6 FP&A / Full-time / On-site 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, we9re designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future. We9re in the best position to make it happen. Since 2018, we9ve raised nearly $3 billion in capital, making us the largest and leading private fusion company in the world. Now we9re looking for more thinkers, doers, builders, and makers to join us. People who9ll bring new perspectives, solve tough problems, and thrive as part of a team. If that9s 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 CFS9s understanding of our products9 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.

What you'll do:

• 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

What we’re looking for:

• Bachelor’s degree in Business, Finance, Accounting, Economics, or STEM fields
• 7+ 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 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
• Strong Excel and SQL experience
• Understanding of Enterprise Applications (e.g., ERP, MES,...