Commonwealth Fusion Systems (CFS)

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Position: Director of Finance

Brief: Commonwealth Fusion Systems (CFS), an MIT spinout pursuing the fastest, surest way to clean, limitless fusion energy, is looking for an experienced Director of Finance with a strong FP&A background to support CFS operations and strategy as the company grows and scales.

CFS’ mission is to enable world-wide clean energy for everyone, creating a sustainable environment for current and future generations. We’ve created a credible path to an operating fusion power plant in 15 years which leverages our novel collaboration with MIT and funding from strategic and financial investors who share our vision. This begins by developing a new class of high-field superconducting magnets that will enable the SPARC tokamak to demonstrate net energy from fusion for the first time. To execute this plan, we are now looking to add talented people to the team who:

  •  are mission-driven and treat people well;
  • improve our team by adding diverse perspectives & new ways of solving problems;
  • have demonstrated exceptional results through a range of different pursuits; and
  • have skill sets and experience that relate to the following role:

Director of Finance
You are both a financial and analytical athlete. Your responsibilities include:

  • Owner of the CFS budget. You will work closely with CFS senior management to make
    sure all CFS operations are integrated into the budget/forecast. This will include:

    • Sharing the budget and forecast information to internal and external parties as needed
    • Delivering analytical insights to highlight key business performance risks, issues, and opportunities
    • Designing financial models to inform major strategic decisions
    • Reporting on budget to actual variances and recommend any necessary actions
  • Interface and manage internal and external resources, including our contracted accounting team on historical financials
  • Closely collaborate with MIT collaborators to make sure CFS has sufficient information to understand MIT operations
  • Improve various internal controls and processes at the right time

The Director of Finance will report directly to the CFS Chief Operating Officer and will have regular engagement with the CEO and others in senior management positions.

Find the full job description here: cfs-director-of-finance-fpa

To Apply:

If you are interested, please submit the following documents to jobs@cfs.energy with “Director of Finance” in the subject line:
1) Resume
2) Cover Letter that describes why you are a great fit for this position and for CFS

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