Cost Engineering Lead

About Pacific Fusion

Pacific Fusion was founded in 2023 with the mission to power the world with abundant, affordable, clean energy.

We are rapidly designing and building a pulsed magnetic fusion system to achieve net facility gain (more fusion energy output than stored energy input). In parallel, we are developing the key components required to build affordable fusion systems.

Our plans are ambitious. We have raised over $900M so far from incredible investors, resourcing us to deliver on these plans. We are bringing together the best scientists, engineers, and operators from the fusion community, hard tech industry, and other sectors. We are united by a shared sense of urgency to provide clean power for the world, particularly managing climate change while meeting growing global energy demand. You can read more about us in this letter from our founders.

As Cost Engineering Lead, you will be responsible for tracking the costs of Pacific Fusion’s demonstration system. This demonstration system will achieve net facility gain, and will have its own site, facilities, and infrastructure. You will work across all of the science and engineering organizations to ensure that the costs of their components and systems are tracked centrally.

- Execute a quarterly bottoms-up budget process for the demonstration system

- Align quotes and estimates across all portions of the demonstration system, supporting infrastructure and facility into a cohesive budget

- Analyze and track changes in cost over time

- Translate basic cost information into a 3-statement financial model

- Present the total costs and associated cash flows for the demonstration system to project teams and leadership

- Integrate the demonstration system forecast into the overall company forecast in support of leadership reporting, fundraising and long-term strategic planning

- Perform ad hoc analysis as requested to support various leadership initiatives

Qualifications

- Experience owning the development and analysis of a detailed budget for a major hardware system that requires complex facilities and thousands of interdependencies

- Ability to translate cost information from non-Finance professionals across a range of extremely technical disciplines

- A history of supporting programs that deliver projects on budget

- Experience compiling details into cohesive yet comprehensive executive summaries for consumption by various levels of leadership

Preferred But Not Required

- Experience modeling the cost of first-of-a-kind systems

- Experience working in a startup

- Experience working in industries such as: fusion, energy, aerospace, chemicals

- Experience working closely with PhD scientists and R&D technology organizations

- Multi-disciplinary financial and/or engineering background including roles in accounting, engineering, financial planning & analysis, financial operations or construction management

Benefits

- Industry-competitive salary

- Equity plan

- 6% employer 401k matching

- Generous paid time off (including sick leave, vacation, paid family leave)

- Medical, Dental, and Vision insurance

Actual base salary offered will be determined by: experience, skills, and work location. This range is for base salary, our total compensation includes equity and benefits. We welcome you to apply even if your expectations are outside our listed range.