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Full-Time

Senior Analyst

Manufacturing Finance

Confirmed live in the last 24 hours

Form Energy

Form Energy

501-1,000 employees

Develops cost-effective multi-day energy storage systems

Energy
Social Impact

Mid

Toronto, OH, USA

Relocation assistance is available.

Category
Corporate Finance
Financial Planning and Analysis (FP&A)
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 equipment capex budgets that align with manufacturing processes and hardware design. Help drive equipment design and sourcing decisions that will maximize return on capital and minimize assembly cost.
  • Partner with Manufacturing Operations & Advanced Manufacturing teams to project detailed labor & overhead cost-down pathways. Lead manufacturing headcount planning efforts and partner with HR teams to execute on hiring ramp.
  • Perform in-depth analysis and provide insights on manufacturing capex and labor & overhead costs, 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 each manufacturing line & process.

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 suitable for utility companies, municipalities, and businesses aiming to adopt renewable energy sources. Unlike many competitors, Form Energy emphasizes affordability and long-duration storage, which are essential for a reliable renewable electric grid. The company's goal is to support the transition to a fully renewable electric grid that operates efficiently year-round, while also promoting a diverse workforce committed to reducing carbon emissions.

Company Stage

Series E

Total Funding

$1.1B

Headquarters

Somerville, Massachusetts

Founded

2017

Growth & Insights
Headcount

6 month growth

10%

1 year growth

11%

2 year growth

95%
Simplify Jobs

Simplify's Take

What believers are saying

  • The $760 million manufacturing facility in Weirton signifies substantial growth and job creation potential.
  • Partnerships with entities like Puget Sound Energy and Pacific Gas & Electric highlight Form Energy's expanding market reach and credibility.
  • Significant grants, such as the $30 million from the California Energy Commission, bolster financial stability and project feasibility.

What critics are saying

  • Political opposition to renewable energy and ESG guidelines in certain states could impact market expansion and regulatory support.
  • The high capital expenditure required for manufacturing facilities may strain financial resources if market adoption is slower than anticipated.

What makes Form Energy unique

  • Form Energy's iron-air battery technology offers a unique multi-day energy storage solution, setting it apart from competitors focused on shorter-duration storage.
  • Their cost-effective approach makes renewable energy storage accessible, providing a viable alternative to traditional power plants.
  • Form Energy's commitment to deep decarbonization and a fully renewable electric grid aligns with global climate goals, enhancing its appeal to environmentally conscious clients.

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