Corporate Accounting Manager

Commonwealth Fusion Systems (CFS) has the fastest, lowest cost path to commercial fusion energy.
CFS is collaborating with MIT to leverage decades of research combined with new groundbreaking high-temperature superconducting (HTS) magnet technology. HTS magnets will enable compact fusion power plants that can be constructed faster and at lower cost. The mission is to deploy fusion power plants to meet global decarbonization goals as fast as possible. CFS has assembled a team of leaders in tough tech, fusion science, and manufacturing with a track record of rapid execution. Supported by the world’s leading investors, CFS is uniquely positioned to deliver limitless, clean, fusion power to combat climate change. To execute this plan, we are looking to add talented people to the team who are mission-driven and treat people well, improve our team by adding diverse perspectives and new ways of solving problems, have demonstrated exceptional results through a range of different pursuits, and have skill sets and experience that relate to this role.
As our Corporate Accounting Manager, you will lead the execution of our monthly financial close process and manage accounting data that feeds our business insights and external reporting. You will serve as the primary contact for our annual audit, and support the Controller in leading the company’s implementation of a robust internal control environment. Further, you will bring best practices from previous experience in a high-growth environment to our rapidly evolving organization to help us implement a scalable environment of financial reporting built on systems, controls, and processes.

This team member will:

• Lead and execute the corporate accounting function for a rapidly growing organization
• Drive the company’s timely and accurate accounting close, including the review of journal entries and review of reconciliations
• Serve as primary day-to-day liaison for annual audit, prepare financial statements and disclosures
• Serve as key process owner for the company’s financial close process, ensure controls are executed and supported in accordance with policies, create and maintain the company’s accounting manual
• Keep current on US GAAP, research new pronouncements, and implement them to our financial reporting process as appropriate
• Analyze/document complex transactions with technical memoranda
• Support the Controller with tax, treasury, and equity management activities for the company
• Collaborate on monthly investigation of variances to budget and forecasts with FP&A
• Align with our project accounting team on management of the general ledger and chart of accounts and initiatives to improve our close process and supporting ERP system, Odoo
• Leverage technology to continually improve and automate processes, maintain compliance, provide accurate and timely data/reporting, and maximize financial success
• Supervisory responsibilities include: Lead and develop a team of 1-2 accountants; Primary reviewer of account reconciliations and journal entries and related internal controls; and Recommend improvements to processes and procedures

The ideal candidate will have most, if not all, of these requirements:

• Bachelor’s degree in Business Administration or Accounting or similar field preferred.
• Minimum of 5 years experience in Accounting, including 1-2 years in supervisory role
• Experience with ERP Systems
• 3-5 years audit experience with Big 4 or similar
• Experience with Odoo ERP system
• Experience in an organization funded by government grants or contracts
• CPA Preferred

Additional preferred experience and/or qualifications:

• Perform activities such as typing and sitting for extended periods of time
• This job can be performed on a hybrid basis

CFS team members thrive in a fast-paced, dynamic environment and have demonstrated exceptional results through a range of different pursuits. We all tightly align with our company values of integrity, execution, impact and self-critique. As we grow, we are looking to add talented people who are mission driven and bring diverse perspectives and new ways of solving problems.
At CFS, we deeply value diversity and are an equal opportunity employer by choice. We consider all qualified applicants equally for employment. We do not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.