Factorial Energy is transforming battery technology to enable safe, scalable, and high-performance cells for electric vehicles. Operating out of its world-class research and development facility in Woburn, MA. Factorial holds a portfolio of solid-state innovations, including its segment-leading FEST™ (Factorial Electrolyte System Technology)

Our Purpose is to enable a sustainable future

Our Vision is to drive the revolution of a fossil fuel-free society, and bring the greatest benefit to human kind.

Our Mission is to provide the highest performing, most sustainable and safest batteries to power Electric Vehicles, Homes and Businesses

Your Role in achieving this will be as our Controller

Factorial is a fast-growing business attracting talent from all over the world to help us on our mission to build the best batteries to power vehicles, homes and businesses. The Controller will partner with our leadership team to lead and establish disciplined control of processes, reporting and ERP systems. This highly visible role will be relied upon to implement best standards as it pertains to financial operations. The Controller is responsible for managing the financial health of the business, which includes the creation of internal & external reporting packages, ongoing costing analysis, financial forecasts and cross functional support of key stakeholders. This position is responsible for regularly assessing risks that impact cost and/or schedule and for providing proactive analysis of all financial aspects of the organization.

Responsibilities:

  • Lead the auditing process and ensure the on time and quality delivery of financial reports.
  • Control cost for the company operations and expansion activities 
  • Monthly reporting and analysis including inventory reconciliation, inventory roll forward reporting, variance analysis, and inventory obsolescence reserve. Propose necessary journal entries on a monthly basis.
  • Manages inventory including physical to perpetual to general ledger reconciliations, journal entries, audit explanations, and standard costs.
  • Analyzes and reports on purchase price variances.
  • Provides product cost information utilized in month end financial closing.
  • Understands actual performance to standards and other metrics in order to drive improvement in operational performance.
  • Actively supports the P&L reporting for actual, budget and forecast in ERP/MRP and/or other reporting Database systems.

Qualifications

  • Bachelor’s degree in Finance, Accounting, Business or equivalent combination of education and experience.
  • Strong technical knowledge of U.S. GAAP and SEC accounting and reporting requirements.
  • 5+ years of experience in a manufacturing environment, cost accounting experience required.
  • Proficient with use of ERP/MRP systems and ability to pull detail data to support account analysis.
  • The ideal candidate will have a well-rounded background in cost accounting, financial analysis and ERP systems maintenance.
  • Proficient in Microsoft Office programs: Word, PowerPoint and Outlook. Advanced proficiency in Excel
  • Proven problem solving and analytical skills.
  • Excellent written and communication skills.
  • Detail oriented, with exceptional organization skills.
  • Must possess strong interpersonal and customer service skills with the ability to work in a cross-functional team environment.
  • Ability to multi-task and work with a high sense of urgency in a fast-paced environment.
  • Energetic, passionate and positive can-do attitude a must.
  • CPA required

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