Full-Time

Senior Finance Analyst

Supply Chain

Posted on 10/30/2024

Form Energy

Form Energy

501-1,000 employees

Develops cost-effective multi-day energy storage systems

Industrial & Manufacturing
Energy

Mid, Senior

Berkeley, CA, USA

Hybrid position requiring onsite presence.

Category
Supply Chain Management
Operations & Logistics
Finance & Banking
Requirements
  • 3-4 years of experience in finance or consulting; experience in industrial manufacturing environments preferred but not required
  • Highly proficient Excel skills and the ability to distill large amounts of data into insights necessary to drive decision making
  • Demonstrated skill in partnering across teams and building relationships with business partners
  • Comfort with uncertainty and creativity amidst challenges
  • Deep passion for tackling climate change
Responsibilities
  • Develop high-fidelity budgets to ensure our manufacturing and R&D needs are met from a supply chain perspective. Help drive BOM and sourcing decisions that will maximize returns and minimize costs & risks.
  • Build tools & templates to help our Supply Chain teams project material costs for future versions of our battery products.
  • Perform in-depth analysis and provide insights on costs and labor to help inform Form’s manufacturing roadmap (e.g., make vs. buy and hardware design considerations).
  • Identify & track key KPIs to measure financial and operational performance of the supply chain organization.

Form Energy develops and manufactures energy storage systems that focus on renewable energy solutions. Their main product is an iron-air battery capable of storing electricity for up to 100 hours, providing a cost-effective alternative to traditional power plants. This battery allows for the efficient management of energy supply, making it easier for electric grids to operate reliably throughout the year. Form Energy differentiates itself from competitors by offering a longer storage duration at a competitive price, targeting utility companies, municipalities, and environmentally conscious businesses. The company's goal is to support the transition to a fully renewable electric grid and contribute to the decarbonization of the energy system.

Company Stage

Series F

Total Funding

$1.5B

Headquarters

Somerville, Massachusetts

Founded

2017

Growth & Insights
Headcount

6 month growth

14%

1 year growth

24%

2 year growth

83%
Simplify Jobs

Simplify's Take

What believers are saying

  • Form Energy secured $405 million in Series F funding for expansion.
  • Partnership with GE Vernova boosts manufacturing and deployment capabilities.
  • Inflation Reduction Act incentives benefit Form Energy's energy storage projects.

What critics are saying

  • Emerging solid-state batteries could challenge Form Energy's market position.
  • Delays in West Virginia facility could impact production targets.
  • Supply chain vulnerabilities may affect iron-air battery material availability.

What makes Form Energy unique

  • Form Energy's iron-air battery stores electricity for up to 100 hours.
  • Their technology extends grid capacity without new infrastructure, unlike competitors.
  • Form Energy's batteries are cost-competitive with traditional power plants.

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Benefits

100% of medical, dental, & vision premiums

HSA & Flexible FSA

Generous PTO

Employee resource program

Parental leave

Commuter benefits account

Stock options

Equity

401k

Profession development budget

Life & disability insurance

INACTIVE