Electrified Thermal Solutions
VP, Finance
About 2 months ago
About the Job
What You'll Do
- Lead financial planning, including regular forecasting, long-term pro-forma development and maintenance, as well as annual budget planning
- Collaborate with the business development team in planning for and executing a project finance strategy to support Electrified Thermal’s Heat as a Service offering, including directly participating in negotiations with equity and debt providers.
- Support the business development team with modeling customer savings to demonstrate the economic value proposition of Electrified Thermal’s solutions.
- Present quarterly financials in board meetings, including actuals vs. budget, cash projections, and project profitability metrics.
- Collaborate with CEO on fundraising efforts by participating in pitching, managing investor pipeline, managing scenario planning and projected use of proceeds, supporting diligence, and maintaining updated data room materials
- Conduct dynamic scenario planning to help the company understand strategic trade-offs and their financial impact.
- Own financial and related compliance reporting for internal and external stakeholders, including working with stakeholders to define reporting requirements and overseeing the production of financial statements.
- Manage grant budgets, invoicing, and accounting compliance, including preparing for and overseeing audits
- Lead financial operations, including managing external bookkeeping, accounting, and tax teams, managing AP/AR, as well as reviewing monthly statements and actuals data
- Develop a multi-year plan for building a top-tier finance team and corresponding financial operations strategy and processes to scale the business, ensuring efficiency while limiting risk
- Move swiftly between small details and the big picture and be willing to wear multiple hats as the founding member of the finance team.
What You'll Bring
- At least 8 years of related professional experience (e.g. finance, accounting, FP&A), including at least 3 years working in finance at a venture-backed start-up
- Master's degree in business administration, finance, or equivalent (including relevant bachelor's degree with 2 additional years of work experience)
- Proven track record of scaling complex financial operations, forecasting cash flows, and working internally with cross-functional teams to manage the finances of a rapidly growing organization.
- Experience with capital raising (diligence preparation, supporting pitching, managing investor pipeline) for venture-funded companies
- Excellent Excel skills
- Excellent formal and informal communication skills
- Some exposure to project finance is a plus
What We Offer
- Competitive compensation package, including equity options
- Medical, Dental & Vision Insurance
- 401(k) with 4% matching
- 12 weeks of fully paid parental leave, with an additional two weeks for birthing parents
- 20 days of flexible vacation days annually
- A minimum of 13 days of paid company holidays
- Access to commuter benefits
- Access to a Health Savings Account (HSA), Flexible Spending Account (FSA), and Dependent Care FSA
About the Company

Electrified Thermal Solutions
<p>Our innovation is the electrically-conductive firebrick, the heart of the Joule Hive thermal battery (JHTB). This innovation enables two characteristics with profound implications for decarbonizing industry globally. The first is that the electrically conductive firebrick is the first heating element that can convert electricity to temperatures up to 1,800°C that can scale to electrify the highest temperature, hardest to abate sectors including steel, cement, glass, chemicals. The second is that these high temperatures correlate to unprecedented energy density which enables the cost-effective storage of that thermal energy with >95% efficiency and therefore cheap off-peak electricity can be used to bring the cost of decarbonizing below or close to parity with existing fossil fuel sources.</p> <p>The Joule Hive thermal battery is a stack of electrically conductive firebricks in an insulated steel container and an electrical balance of plant. The JHTB charges by running electricity directly through the bricks to joule-heat them up to 1800°C, the thermal energy is stored at that temperature, and then the system is discharged by running air or another gas through the brick channels to provide heat to any furnace, boiler, turbine, or kiln.</p>
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