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Mainspring Energy

Onsite linear generators for scalable power

FP&A Manager - Services

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timeMenlo Park, CA, USA$132k - $145k /yrIn-person

About the Job

Requirements

  • A bachelor's degree in Finance, Accounting, Economics, or a related field is required.
  • Seven to ten years of progressive financial planning and analysis or corporate finance experience is required.
  • Experience supporting a hardware, equipment, industrials, field services, or asset-intensive business is required; operations and maintenance, install base, or service-organization experience is strongly preferred.
  • Strong financial modeling skills, including advanced Excel and experience building models from scratch, are required.
  • Experience with budgeting and forecasting tools and enterprise resource planning systems is required.
  • Ability to translate operational or technical metrics into financial insights for non-finance stakeholders is required.
  • Strong communication skills and comfort presenting to senior operational and finance leadership are required.

Responsibilities

  • Own the annual budgeting, quarterly forecasting, and long-range planning process for the business line, including revenue, cost of service, and margin analysis.
  • Partner with Operations and Field Service leaders to build and maintain cost models covering field labor, spare parts and inventory, truck rolls, warranty, and third-party service contracts.
  • Track and report on key operations and maintenance and hardware operating metrics, including fleet uptime, mean time to repair, cost per unit serviced, and service margin by contract or customer, and connect them to financial performance.
  • Prepare monthly management reporting packages, including variance analysis of actuals against budget or forecast, with clear narratives on drivers.
  • Support pricing and contract profitability analysis for service agreements, maintenance contracts, and warranty programs.
  • Build and maintain financial models to evaluate capital investments in equipment, tooling, and spare parts inventory, and business cases for new service programs or geographic expansion.
  • Partner with Accounting on month-end close, ensuring accurate cost allocation and revenue recognition for service and maintenance contracts.
  • Identify cost-saving and margin-improvement opportunities across the operations and maintenance cost structure.
  • Develop dashboards and self-service reporting tools that give operational leaders real-time visibility into their financial performance.
  • Support ad hoc analyses for senior leadership, including board and investor reporting materials as needed.

Desired Qualifications

  • An MBA or CFA is a plus but is not required.
  • A hardware or manufacturing background is preferred.
  • Familiarity with cost accounting and revenue recognition as they apply to maintenance and warranty agreements is preferred.
  • Experience with business intelligence or reporting tools is preferred.

About the Company

Mainspring Energy

Onsite linear generators for scalable power

Mainspring Energy designs and ships onsite linear generators that produce electricity for commercial and industrial customers, data centers, utilities, and microgrids. The kit uses a straight-line motion that is converted into electric current by magnets moving through copper coils, driven by a flameless, low-temperature air-and-fuel reaction with only two moving parts and an oil-free air-bearing. The system is fuel-flexible, handling natural gas, biogas, hydrogen, ammonia, and propane, and it scales from about 250 kW to more than 100 MW, with near-zero NOx and no after-treatment required. The company sells power as a service, enabling installations with no upfront cost and ongoing payments based on energy use, aiming to lower operating costs and increase energy resilience for its customers.

Company size
501-1,000
Company stage
Series F
Total funding
$813M
Headquarters
Menlo Park, CA
Founded
2010

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