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 Grant Administrator
The Accounting team is looking for a Grant Administrator to coordinate and manage the Company’s Federal and State grants in compliance with internal and external requirements. The successful candidate will oversee the accounting set-up, ongoing administration, reporting, and closeout of CFS’ grants.
What you'll do:
- Daily Activities
- Monitor and track grant expenses, ensuring alignment with approved budgets and compliance with federal cost principles
- Review and document grant-related financial transactions, including vendor payments and expense reimbursements
- Maintain detailed documentation of grant activities, expenditures, and communications
- Respond to inquiries from program staff, federal agency representatives, and other stakeholders
- Coordinate with project teams to ensure proper implementation of grant activities
- Track project timelines and deliverables to ensure completion within grant periods
- Monthly Activities
- Prepare and submit monthly financial reports to federal funding agencies
- Reconcile grant accounts and review budget variances
- Generate internal progress reports for leadership team review
- Conduct compliance reviews of grant expenditures and activities
- Facilitate monthly meetings with project teams to review grant progress
- Process draw-down requests for federal funds
- Ensure timekeeping meets Federal requirements and reconcile salaries and wages with accounting team
- Quarterly Activities
- Compile and submit quarterly performance reports to federal agencies
- Conduct detailed budget analysis and projections
- Update risk assessments and mitigation strategies
- Review and update policies and procedures as needed
- Coordinate quarterly program reviews with stakeholders
- Prepare specialized reports required by specific federal agencies
- Annual Activities
- Coordinate annual audit preparations for federal grants
- Prepare and submit annual performance reports
- Develop and maintain grant closeout procedures
- Review and update internal control systems
- Assist in preparing continuation or renewal applications
- Partner with Compliance team to update and maintain grant related procedures and policies
What we're looking for:
- Bachelors in a Business or Accounting Related Field
- 5+ years of experience in federal grant or contracts administration
- Experience in federal grant management systems ( SAM.gov, etc )
- Demonstrated knowledge of federal regulations ( 2 CFR 200, FAR, SEFA )
- Excel/Google Sheets
- Major ERP Systems
Bonus points for:
- CGMS Certification
- Odoo
- Tableau
Must-have requirements:
- Perform activities such as typing or sitting for extended periods of time
- Dedication to safety to mitigate industrial hazards that may include heat, cold, noise, fumes, strong magnets, lead (Pb), high voltage, and cryogenics
- Willingness to occasionally travel or work required nights/weekends/on-call
#LI-Remote
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.
Top Skills
What We Do
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. CFS is now building SPARC, the world's first commercially relevant, net energy fusion demonstration device. SPARC will pave the way for the first fusion power plant, ARC, that will produce power on the grid.
The ultimate 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.
