Energy Exploration Technologies, Inc. (EnergyX) has a mission to become a worldwide leader in the global transition to sustainable energy. Founded in 2018, the company is fundamentally changing the way humanity is powering our world and storing clean energy with breakthrough lithium-ion technology and energy storage solutions.
The Role
The Controller will be highly experienced and detail-oriented, with deep finance and modeling experience to oversee our company's financial operations. The ideal candidate will possess a solid background in both finance and accounting, with a proven track record of success in financial management and analysis. As a Controller, you will play a crucial role in maintaining the financial health of our organization by providing strategic guidance, implementing efficient financial processes, and ensuring compliance with regulatory standards.
Responsibilities:
Financial Reporting and Analysis:
- Prepare and analyze monthly, quarterly, and annual financial statements.
- Provide timely and accurate financial reports to senior management, including variance analysis and key performance indicators.
- Conduct in-depth financial analysis to identify trends, opportunities, and risks.
Budgeting and Forecasting:
- Lead the budgeting and forecasting process, working closely with department heads to develop comprehensive financial plans.
- Monitor budget performance and provide recommendations for corrective actions as needed.
- Develop financial models to support long-term strategic planning and decision-making.
Cash Flow Management:
- Manage cash flow to ensure liquidity needs are met and optimize cash utilization.
- Monitor accounts receivable and accounts payable processes to minimize risk and improve working capital efficiency.
Financial Controls and Compliance:
- Establish and maintain internal controls to safeguard company assets and ensure compliance with regulatory requirements.
- Coordinate external audits and tax filings, providing necessary documentation and support.
- Stay abreast of changes in accounting standards and regulations, implementing necessary updates to financial policies and procedures.
Strategic Planning and Decision Support:
- Partner with senior management to develop strategic initiatives and evaluate investment opportunities.
- Provide financial insights and recommendations to support decision-making across the organization.
Qualifications:
- Bachelor's degree in Finance, Accounting, or a related field. MBA preferred.
- CPA is required, as this position will be responsible for SEC Filings.
- 5+ years of progressive experience in finance and accounting roles, with at least 3 years in a Controller position.
- Deep understanding of financial principles, accounting standards, and regulatory requirements.
- Proven experience in financial modeling, budgeting, forecasting, and analysis.
- Strong leadership and communication skills, with the ability to effectively collaborate with cross-functional teams.
- Advanced proficiency in Microsoft Excel and financial management software.
- Detail-oriented with excellent analytical and problem-solving abilities.
- Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities.
Preferred Qualifications
- Previous experience implementing a full ERP stack
- Previous experience supporting Pre-IPO companies
- Previous experience supporting companies with M&A
Benefits:
- Competitive pay
- Paid time-off, holidays, and sick time
- 401(k) with employer match
- Equity Package
- Medical, dental and vision benefits with employer contribution; voluntary benefits available
- Company-sponsored events
EnergyX is an Equal Opportunity Employer; employment with EnergyX is governed on the basis of merit, competence and qualifications and will not be influenced in any manner by race, color, religion, gender, national origin/ethnicity, veteran status, disability status, age, sexual orientation, gender identity, marital status, mental or physical disability or any other legally protected status.
Skills Required
- Bachelor's degree in Finance, Accounting, or related field
- CPA (required for SEC filings)
- 5+ years progressive finance and accounting experience with at least 3 years as a Controller
- Deep understanding of financial principles, accounting standards, and regulatory requirements
- Proven experience in financial modeling, budgeting, forecasting, and analysis
- Advanced proficiency in Microsoft Excel and financial management software
- Strong leadership and communication skills and ability to collaborate cross-functionally
- Detail-oriented with excellent analytical and problem-solving abilities
- Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities
- MBA
- Previous experience implementing a full ERP stack
- Previous experience supporting Pre-IPO companies
- Previous experience supporting companies with M&A
What We Do
EnergyX is a sustainable energy company focused on direct lithium extraction, refinery and battery technology. Combining these technologies from brine to battery will create a process dramatically lowering the cost of lithium resources. The company’s goal is to develop technology and assets that turn it into one of the premier, low-cost lithium providers for the growing lithium-ion battery industry. The electric vehicle (EV) and energy storage revolution is generating high demand for lithium, with some analysts forecasting orders-of-magnitude demand increases. As the EV market rapidly expands, millions of large-scale battery packs will be in demand. The estimated annual production of EV’s is 20,000,000 per year. For one 85-kWh car, the price of the lithium in the battery is approximately $2,945 per car. Residential (home) and commercial batteries are also gaining market demand traction, and California has implemented law stating by 2020 all new homes will require solar arrays. Companies already producing lithium are attempting to increase production as battery cell manufacturers are scaling up lithium-ion production with mega factories and actively acquiring raw materials through long term off-take supply agreements. In the Lithium Triangle, where 50-70% of the world’s known lithium reserve is located, current methods of extraction are based off outdated, natural evaporation pond technology, which takes 18 months, and loses 50-70% of the lithium due to co-precipitation. Our solution is to optimize and apply a highly scalable lithium extraction membrane to the process. The ability to efficiently extract and aggregate the lithium elements from the salt brines using proprietary, multi-level, synthetic ion separation techniques can increase time efficiency by 100x and recovery rate by 300%.
