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Vice President of Finance and Accounting

Vice President of Finance and Accounting

CompanyCommonwealth Fusion Systems
LocationDevens, MA, USA
Salary$250000 – $350000
TypeFull-Time
Degrees
Experience LevelExpert or higher

Requirements

  • 15+ years of progressive finance and accounting experience, including significant leadership roles managing core accounting, payroll, and FP&A
  • Deep experience in environments focused on large infrastructure projects (project accounting and controls) and manufacturing (cost/inventory accounting and processes)
  • Proven success managing finance in capital-intensive, pre-revenue settings, with expertise in cash burn management and implementing effective internal controls
  • Experience building public-company ready financial systems, accounting, reporting, and controls
  • Demonstrated ability to leverage financial data to drive operational improvements
  • Experience collaborating closely with Project Management Offices (PMOs) and understanding large-scale project controls and lifecycles
  • Track record of leading, developing, and scaling analytically focused finance teams
  • Experience building and growing ERP systems and proficiency with data analysis/BI tools
  • Expert knowledge of US GAAP, cost accounting, and project accounting principles
  • Exceptional analytical, quantitative, and financial modeling skills.

Responsibilities

  • Grow and manage CFS’s financial center of excellence: Continuously improve the company’s financial systems, processes, and tools as the company evolves to concurrently deliver multiple billion dollar infrastructure projects, a growing manufacturing operation, and cutting edge R&D.
  • Lead budgeting and forecasting focused on expense management, project budgets, and data-backed cash burn analysis. Deliver deep-dive variance analysis, translating financial data into actionable operational insights for leadership and the PMO. Track KPIs and provide data-driven decision support. Assist CFO with investor/board reporting.
  • Oversee all accounting functions (Corporate Controls & Reporting, AP, Payroll, Tax), ensuring timely reporting and compliance. Continuously improve reporting based on metrics & KPIs and automate generation of reports. Establish and manage rigorous project accounting integrated with PMO needs, alongside robust manufacturing accounting. Implement and maintain strong, data-driven internal controls, which ready the company for public reporting in the future. Lead audits and tax compliance.
  • Manage daily cash operations, develop precise cash flow forecasts, manage banking relationships, and oversee project-specific financing needs.
  • Build, lead, and mentor a high-performing, analytically-minded finance team. Drive operational excellence within finance through rigorous data analysis, process optimization, automation, and system enhancements (including ERP), ensuring alignment with project and operational needs.

Preferred Qualifications

  • Proven ability to navigate and succeed in matrix organizational structures