Senior Finance Analyst, Form Energy
Engineering R&D
$111.8-138.7k
+ Stock options.
3 days a week in office (Berkeley, CA or Somerville, MA)
Energy storage systems manufacturer
Open for applications
Energy storage systems manufacturer
501-1000 employees
Open for applications
$111.8-138.7k
+ Stock options.
3 days a week in office (Berkeley, CA or Somerville, MA)
501-1000 employees
Company mission
To form a better world by developing, manufacturing, and commercializing a new class of cost-effective, multi-day energy storage systems that will enable a reliable and fully renewable electric grid year-round.
Role
Who you are
- Are you ready to build America’s clean energy future with the team that will deliver?
- Are you ready to build and lead a powerhouse team to help enable groundbreaking advancements in energy technology?
- If you are passionate about making a tangible impact on climate change and thrive in a fast-paced hardware manufacturing setting, we want to hear from you!
- 5 to 7 years of progressive experience in Finance or consulting, preferably with exposure to hardware manufacturing settings and experience working with engineers
- Deep analytical rigor and financial modeling skills; demonstrated ability to distill complex financial information into actionable insights for leadership
- Excellent verbal and written communication skills
- Ability to collaborate closely and form strong relationships with cross-functional business partners
- Demonstrated success in driving tangible impact and influencing within a broader organization
- A "roll up your sleeves" mentality and an ability to thrive in a fast-paced environment
What the job involves
- Working for Form Energy is more than just a job, it’s a chance to be part of something extraordinary
- And right now might be the most exciting moment in the company’s history to join
- We are assembling a team of some of the most talented and motivated individuals across the country
- Driven by our core values of humanity, excellence, and creativity, our team is determined to deliver on our mission and transform the energy landscape for the better
- As a member of the Engineering Finance function, you will be at the forefront of this transformation
- In this critical role, you will partner closely with our Engineers to forecast the trajectory of product cost
- You will help develop repeatable frameworks to track and report on cost reduction initiatives, enabling operational rigor and key strategic decisions that accelerate our path toward identified cost targets
- Partner closely with Form Engineering teams to forecast the impact of planned product changes on landed material costs and capex investments; help set targets that are ambitious but achievable
- Work closely with the Form Accounting team to understand actual material costs & capex spend, review deviations from targets & forecast, and provide actionable insights to engineering & supply chain teams to drive strategic and operational rigor
- Establish and maintain robust templates to track, regularly report on, and drive continuous execution of engineering cost-reduction initiatives
- Develop exec-facing presentations that distill detailed analytics on the drivers of change in product cost forecast, into actionable insights for engineering teams
- Leverage commodity pricing and other supply chain data to develop detailed part-level material should-cost and vendor tooling capex estimates for newly designed parts
- Lead the development and management of opex & R&D capex budgets that align with product development and performance validation activities
Our take
Central to the development of the digital revolution is the role of electric grid infrastructure and expansion. A completely electrical infrastructure is restricted by the inherent limitation that electrical energy is difficult and costly to store. Form Energy, however, have created a reliable battery that has the capacity to revolutionize how we use electricity.
Revolutionizing battery storage is at the core of Form Energy’s approach to making renewable energy universal. Form Energy’s battery is based around Iron-air technology that currently has energy storage capacities and operational costs comparable to legacy power plants. In addition to improvements in cost and consistent electricity access, Form Energy’s batteries are scalable, portable, and safe - offering a unique approach to revolutionizing renewable energy storage towards a greener future.
Although renewable energy storage technology remains an emerging industry, a variety of competitors are also driving developments of battery storage technology. However, Form Energy continues to be a key leader in this space, bagging significant investment that will enable it to build its first manufacturing plant and begin selling to customers. Form Energy's progress is highlighted by a deal with Xcel Energy to deploy iron-air battery systems at two of its retiring coal plant sites and with Puget Sound Energy in 2024, to help the company deploy multi-day energy storage systems.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 10 rounds)
Oct 2024
$405m
SERIES F
Aug 2024
$147m
GRANT
Total funding: $1.5bn
Company benefits
- 100% of medical, dental, and vision premiums covered for employees
- Health insurance coverage begins first day of employment
- Health Savings Account
- Generous PTO policies to enable employees to recharge when needed
- An Employee Resource Program that provides mental health counseling services, legal guidance, financial resources, and other helpful consulting services
- 80% of the total medical, dental, and vision premiums covered for dependents
- 12 weeks of paid parental leave, 14 weeks for the birthing parent
- Access to a Dependent Care Account
- Access to a Health Flexible Spending Account
- Access to a Commuter Benefits Account
- Access to an Adoption Assistance Flexible Spending Account
- Stock options granted to all employees
- Stock equity education and tax advice service provided by Carta
- Company sponsored 401k
- Access to an annual budget for professional development
- License to complete Gallup’s Strengths Finder Assessment and ongoing resources
- 100% employer-sponsored coverage life insurance, and short and long-term disability policies
Company values
- Humanity: We are human first. Inclusion, diversity, empathy, and respect are cornerstones of our trusting community. Our work products enable a good and just society.
- Creativity: We perform to the highest standards on every axis, while being clear-eyed optimists about how we can be better, always. As gritty pragmatists, we dig into challenges and learn our way forward.
- Excellence: We celebrate the beauty and effort of creation, answering “yes, if” to the hardest, most meaningful questions we can think of.
Company HQ
Ward Two, Somerville, MA
Articles
Leadership
Ted Wiley
(COO & President)Studied at Harvard Business School before spending 6 years at Aquion Energy and then a year as President of McDonough Innovation. They co-founded Form Energy in 2017, serving since as COO and President.
Mateo Jaramillo
(CEO)Mateo started their career at Predictive Networks before joining Gaia Power Technologies and then Tesla. They left their VP of Products & Programs role in 2016 to found Verse Energy in April and Form Energy in December 2017.
William Woodford
(CTO)William Woodford is co-founder and CTO of Form Energy. His career has focused on developing robust low-cost energy storage systems.
Yet-Ming Chiang
(Chief Scientist)Co-Founder and Chief Scientist at Sublime Systems, and Professor at MIT. Prior to Form Energy, Chiang co-founded the companies Desktop Metal, 24M Technologies, A123 Systems, and American Superconductor Corp.
Marco Ferrara
(SVP Software & Analytics)Also co-founded Tessolar. Former VP of Energy, Analytics and Optimization at IHI INC.
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