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Vice President of Finance

2 months ago

Knoxville, United States Type One Energy Full time
Job DescriptionJob Description

Join us in our mission to commercialize fusion energy ⚡️  

We’re all about solving climate change through fusion energy, one stellarator at a time. Our impressive team of globally recognized fusion scientists along with veteran business leaders with experienced in scaling energy technologies, came together with the ambition to fulfill the bold decadal vision of commercial fusion.

If changing the world wasn’t incentive enough, here’s why you should join us:

We designed, built, and operated the world’s leading stellarators.

We aim to commercialize fusion energy in 10 years.

We know what we’re doing - our leadership team has over 150 years of experience combined.

We’ve already been recognised for our work by the Department of Energy through awards and funding.

Our philosophy accepts no intellectual boundaries and celebrates creativity.

 

If you are searching for the best new ideas and share our vision, join us as a “Vice President of Finance (VP)”. This is what you need to know:

Location: Knoxville, TN

Salary: Highly Competitive Plus Benefits

Contract: Permanent, full time

Reporting to: Chief Financial Officer

Your role in the mission:

Reporting to the Chief Financial Officer (CFO), the Vice President of Finance (VP) will be an integral part of the company’s strategic and operational leadership, with responsibility for a high-performance financial operation in in a fast paced start-up environment.

You will be responsible for strategic planning, leading the financial planning & analysis function, accounting and controls, treasury, and tax strategy. The VP of Finance will be a key spearhead in expanding the company’s finance team and key functions to support the scaling of the business. The successful candidate will serve as a trusted partner to the CFO and broader leadership team in all aspects of the company’s business, and will help lead the refinement of the company’s strategy and execution plans.

  • Lead the construction of annual operating plans through a cross-functional process to anticipate and forecast resource needs, including staffing, facilities, and CapEx.
  • Leading the financial planning and analysis function, providing critical financial insights and strategic recommendations to the C-Suite team.
  • Take ownership of business performance by building out revenue and cash flow models and ensuring alignment with the company’s strategic global objectives
  • Determine the ongoing financing needs of the company through regularly forecasting cash runway and potential risks, and in turn, developing countermeasures.
  • Support updates to the company’s strategic plan so that they uphold the initiatives of the company and serve as a playbook for the growth of the business.
  • Identify, assess, and mitigate financial risks, including credit, market, and operational risks.
  • Provide financial and business decision leadership support for both on-going business and the development of new opportunities, including leading monthly business reviews.
  • Implement best practices to develop relevant business infrastructure and systems for scaling the company through continued growth. The CFO will serve as a key leader in IT systems implementation and will bring experience setting up financial information systems
  • Oversee all aspects of accounting operations. S/he will oversee the management and coordination of all fiscal reporting activities including profit and loss, balance sheet, cash flow, and other external and internal reporting requirements.

What you’ll need:

  • 15+ years of financial leadership experience, ideally with some time spent within private capital-backed companies (including at the start-up stage) or newly minted public enterprises.
  • Industry experience gained in the cleantech sector or adjacent energy markets would be desirable.
  • Successful track record of developing financial infrastructure in a fast-paced, high growth or start-up environment; importantly, the VP will demonstrate a “roll up your sleeves” management style in building the function to include implementing business enterprise systems, together with financial management tools and processes.
  • Experience within a government contracting environment is desirable.
  • Proven experience of financial leadership in a global business environment, including experience of managing and/or establishing oversees branch locations.
  • Proven track record of driving process improvements and managing the FP&A function in a fast paced start-up environment.
  • Emotionally-intelligent leader that helps build a high-performing, highly motivated team with an open, collaborative, forward-looking culture coupled with accountability.
  • Be a leader who is known to be well-organized and disciplined in their approach to work, with excellent project management skills and a solid cadence to how they prioritize their time;
  • A team-based thought leader, with critical thinking and analytical skills; strong intellectual agility with innate curiosity; known to “see around corners,” predicting future trends.
  • The ability to clearly and concisely articulate strategy and vision, align people and process, and drive execution to achieve the desired results.
  • Entrepreneurial leader who is results-oriented, resourceful and capable of quickly enhancing the business.
  • Experience of investor relations is also desirable.

We offer:

In addition to a basic salary and yearly bonus, you will also get…

  • Stock and share options 📈
  • Relocation allowance 💰
  • Insurance plans 🩺
  • 401k retirement options 💸
  • And many more great voluntary benefits 👀

Embrace the mission by submitting your application on our careers page, then head over to our website to learn more about the revolutionary team behind Stellarator technology.

About Us:

Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. Established in 2019 and venture-backed in 2023, the company is led by a team of globally recognized fusion scientists with a strong track record of building state-of-the-art stellarator fusion machines, together with veteran business leaders experienced in scaling companies and commercializing energy technologies. Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system.

Our FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy. We are committed to diversity, inclusion, and equitable access to clean energy. For more information, visit www.typeoneenergy.com or follow us on LinkedIn.

Equal Opportunity Statement 

Type One Energy is an equal opportunity employer. We value diversity, searching for the best new ideas and remaining open to unique perspectives. Therefore, all qualified applicants will receive consideration for employment independent of race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other characteristics protected by applicable federal, state, or local laws. All qualified individuals are encouraged to apply.