Corporate Controller
Corporate Controller
Posted on :
11-07-2025
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1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
11-07-2025
Job Description
About Commonwealth Fusion Systems:
Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy.
Combining decades of research top talent and new technologies were designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future.
Were in the best position to make it happen. Since 2018 weve raised over $2 billion in capital more than any other fusion energy company in the U.S.
Now were looking for more thinkers doers builders and makers to join us. People wholl bring new perspectives solve tough problems and thrive as part of a team.
If thats you and this role fits we want to hear from you.
Join the power movement as a Corporate Controller
We are actively seeking a dynamic finance leader to join our team as the Corporate Controller. This pivotal role involves strategic and comprehensive oversight of the companys accounting functions including all financial transaction recording and reporting the companys strong controls environment financial operations and overall contributing to process improvement across the company.
In addition the successful candidate will join the companys leadership team reporting to the Vice President of Finance and Accounting on our journey from the current single location pre-revenue stage to an operating company with a broad range of commercial and development activities and therefore will be looked to for a wide range of financial process and business insight.
A strong accounting background including a CPA certification and experience as the corporate functional leader of a dynamic growing company is valued. Additionally although we do not presently have plans to go public we do expect to be doing periodic financings so experience with Sarbanes-Oxley (SOX) compliance a successful track record with a public accounting firm and experience operating a company with SEC reporting requirements is also important.
What youll do:
- Accounting process growth and improvement: Leading and improving the accounting process in a rapidly-growing and evolving environment including the general ledger system of accounts monthly close process and related accounting operations to ensure that all transactions are recorded and accrued timely.
- Cost Accounting: Overseeing the cost accounting team developing cost accounting policies and procedures and ensuring consistency in cost accounting practices. In addition implementing cost control measures and working with other departments to optimize resource allocation.
- External financial reporting and validation: Completing all company level financial reporting including PwC GAAP audit 401(k) audit and annual 409(a) valuation and all tax filings.
- Internal management reporting: Supporting all internal management reporting and analysis with other finance team members and being able to act as a strategic advisor to the business regarding all things accounting related.
- Investor interactions and reporting: Supporting investor diligence reporting needs audit confirmations tax forms (K1s) and more detailed reporting as needed.
- Controls environment: Growing and strengthening the system of controls to prepare CFS to be functionally Sarbanes-Oxley compliant and well-prepared for potentially being a public company in the future.
- Financial operations: Managing and growing key related financial functions including accounts payable payroll and cash management. Experience with process improvements and finance transformation in this area is highly desirable.
- Company leadership team: As a member of the companys leadership team providing insight on process improvement business planning and financial optimization including inventory management insurance ERP compliance and other issues as they arise.
- Audit Committee:Leading interactions and reporting with the Audit Committee; with the VP of Finance and Accounting and the CFO.
- Technical accounting advisor: Informing the business on technical accounting considerations as the Company expands and commercializes its technology.
- Team management and development: Serving as a coach and mentor to employees and building an exceptional team including managing the team in accomplishing work in each area of responsibility setting objectives overseeing work providing feedback and working with team members on career development plans.
What were looking for:
- Bachelors degree in the field of Business Finance Accounting or other related field
- 10 years of progressive accounting experience including at a public accounting firm (Big 4 preferred) and hands-on private and or public company experience including operational accounting financial reporting and month-end close and payroll. Experience preparing and taking a company through growth stages is a plus
- CPA license (active status preferred)
- Prior experience as a controller having led and motivated a team delegated tasks and managed performance
- Strong working knowledge of U.S. GAAP and demonstrated experience implementing accounting policies in a variety of finance and accounting areas including experience with ASC606 evaluation and adoption
- Experience with multi-currency location and segment consolidations and reporting
- Demonstrated experience in design and implementation of accounting policies processes and systems in a rapid growth environment
- Experience coordinating annual tax preparation and filing with outside CPA firm experience with partnership / passthrough tax filing a plus
- Active interest in and commitment to CFSs mission to address climate change
- Understanding of experience with and commitment to delivering required results safely
- Experience managing a highly motivated team and working in a dynamic entrepreneurial environment
- Detailed well organized deadline oriented and comfortable with soliciting information from a variety of sources
- Strong communications skills both written and oral to capture needed inputs and share results and findings in a manner which is accurate timely and effective
Must-have Requirements:
- Willingness to travel or work required nights/weekends/on-call occasionally
- Work in a facility that contains industrial hazards including heat cold noise fumes strong magnets lead (Pb) high voltage high current pressure systems and cryogenics
$200000 - $300000 a year
Salary range for this full-time position equity benefits.The actual salary will depend on level location qualifications and experience. The range displayed on each job posting reflects new hire salaries for the position across all US locations. Benefits include:
Competitive compensation with equity
12.5 Company-wide Holidays
Flexible vacation days
10 sick days
Generous parental leave policy
Health dental and vision insurance
401(k) with employer matching
Professional growth opportunities
Team-building activities
#LI-Onsite
At CFS we excel in fast-paced environments driven by our values of integrity execution impact and self-critique. As we grow were eager to bring on mission-driven folks who offer diverse perspectives and fresh ways to tackle challenges.
We value diversity deeply and are proud to be an equal opportunity employer by choice. We consider all qualified applicants equally regardless 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.
Employment Type
Full-Time
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