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Full-Time

Senior Finance Analyst

Engineering R&D

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

Senior

Cambridge, MA, USA + 1 more

More locations: Berkeley, CA, USA

Hybrid role requiring 3 days in the office per week.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Requirements
  • 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.
Responsibilities
  • 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.

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

11%

1 year growth

14%

2 year growth

89%
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.

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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