Senior Finance Analyst, R&D

Posted 3 Days Ago
Be an Early Applicant
Devens, MA, USA
Hybrid
110K-185K Annually
Senior level
Energy
The Role
Partners with R&D and technology teams to build budgets, forecasts, cash-flow models, and project-level financial plans. Tracks spending against milestones, investigates variances, advises leaders on resource allocation and investment risks, manages vendor commitments and payment status, maintains financial master data, and identifies risks and opportunities amid evolving technical inputs.
Summary Generated by Built In
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 we're working with policymakers, suppliers, and many others to build the energy industry of the future.
 
We’re in the best position to make it happen. Since 2018, we’ve raised $4 billion of capital, making us the largest and leading fusion company in the world.
 
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 Senior Finance Analyst, R&D

We're looking for a Senior Financial Analyst to partner directly with our R&D and Technology Development teams, translating experimental roadmaps into budgets, tracking spend against milestones, and giving leaders the financial visibility they need to make good decisions under real technical uncertainty.

This is a business partner role supporting cutting edge science.  The ideal candidate will bring the ability to track project spend with a strong understanding of financial treatment along with a passion and curiosity about the underlying technology.

What you'll do:

  • Build annual budgets and periodic forecasts for R&D cost centers, tracking actual spending against plans
  • Forecast short term cash flows by adjusting amortization schedules and downpayments
  • Track actuals against budget at the project and program level, investigate variances, and flag risks early
  • Advise R&D leadership and budget owners on resource allocation, operating efficiencies, and investment risk to inform decision-making
  • Own program and project forecasts end-to-end, providing insights that enable continuous capital re-allocation with the leadership team
  • Investigate vendor commitments, payment status and ensure master data records for the team are appropriately maintained
  • Identify and track risks and opportunities

What we’re looking for:

  • Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field
  • 7 years of experience in FP&A, corporate finance, or program finance.
  • Strong financial modeling skills and advanced Excel; comfort building models from ambiguous or evolving inputs
  • Ability to communicate clearly with technical stakeholders and translate technical projects to financial data
  • Detail-oriented, organized, and comfortable working with incomplete information in a fast-moving environment

Bonus Points For:

  • Experience supporting a high-growth company

Must-have Requirements:

  • 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 (Pb), high voltage, high current, pressure systems, and cryogenics

#LI-Hybrid

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.
 
This role requires compliance with U.S. laws concerning the export of controlled or protected technologies or information (collectively, “Export Control Laws"). Any offer of employment will be contingent on the need for compliance with such Export Control Laws.

Skills Required

  • Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field
  • 7 years of experience in FP&A, corporate finance, or program finance
  • Strong financial modeling skills
  • Advanced Excel proficiency
  • Ability to communicate clearly with technical stakeholders and translate technical projects into financial data
  • Detail-oriented, organized, and comfortable working with incomplete information in a fast-moving environment
  • Experience supporting a high-growth company
  • Ability to type, stand, or sit for extended periods
  • Willingness to travel or work occasional nights, weekends, or on-call shifts
  • Ability to work in a facility with industrial hazards, including heat, cold, noise, fumes, strong magnets, lead, high voltage, high current, pressure systems, and cryogenics
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The Company
HQ: Cambridge, MA
327 Employees
Year Founded: 2018

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.

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