Director, Supply Chain & Sourcing Finance
$209.1k - $300.9kBloom Energy
For over two decadeswevebeen at the forefront of the global energy transition pioneering solutions that empower critical industries to thrive in a rapidly digitizing energy-intensive world. From revolutionizing power for AI-driven data centers to ensuring resilience for hospitals electric grids manufacturing facilities and utilities our solid oxide fuel cell (SOFC) and solid oxide electrolyzer (SOEC) technologies are redefiningwhatspossible by delivering energy abundance for all. With more than 30000 fuel cell modules deployed worldwide we are the trusted partner for Fortune 100 companies and innovators alike. Ourcutting-edgesolutions enable unparalleled time-to-power capabilities reliability and sustainability ensuring our customersremainahead in a world where soaring energy demand and intensifying energy scarcity are rapidly becoming the new norm.
At Bloom we thrive on collaboration bold thinking and relentless innovation. We believe that together we can create a brighter more sustainable future while tackling the most pressing challenges of the 21st century.
We are looking for a Director Supply Chain & Sourcing Finance to join our team in one of todays most exciting role willreportto our CFO and based in San Jose CA .This is a fully on-site in officerole5 days a week .
Role Summary
Reporting to the CFO the Director Supply Chain & Sourcing Finance partners with the VP Global Supply Chain to drive cost cash and working capital outcomes across Blooms direct material spend. The role sits with Sourcing leadership and the commodity teams supporting deal underwriting with the supply base modeling supplier disbursements owning material cost and days-to-pay reporting and contributing to commodity-level strategies through annual planning cycles.
The scope is everything upstream of the receiving dock: commodities inventory of raw materials and parts planning and the Sourcing functions own budget. It does not cover manufacturing finance which is owned separately. This role partners with Manufacturing Finance at the receiving dock to ensure clean variance attribution and feeds direct material cost into Corporate FP&A for total product cost rollup.
Location
This position is based in San Jose CA with regular travel to supplier sites and Blooms manufacturing facilities in Fremont CA and Newark DE. Travel is expected to be approximately 20%.
Primary Responsibilities
Serve as a strategic partner to the Sourcing team and commodity managers to drive optimal business performance across cost cash quality and delivery in rapidly growing manufacturing environment.
Provide financial leadership for supplier deal underwriting including evaluation of commercial agreements and post-signature performance management delivering recommendations on pricing structure and terms to maximize margin manage risk and improve predictability. Oversee monthly close reporting of finance-related metrics for Sourcing (including purchase price variance (PPV) and days-to-pay) and deliver supporting analysis for monthly operating reviews with the VP Supply Chain and P&L leaders.
Own supplier disbursements forecast and execution partnering with Treasury on cash planning and liquidity management.
Lead financial planning and analysis for the Sourcing and central Supply Chain budgets including headcount indirect spend and operating cost.
Shape commodity-level strategies through the annual strategy and budget processes including should-cost modeling supplier negotiations and hedging recommendations on key raw materials (e.g. metals rare earths).
Leverage data and analytics to generate insights and support decision-making across commodity operations teams.
Drive accurate financial estimates and reporting of inventory levels for raw materials and parts; create the inventory improvement roadmap and partner with Supply Chain to execute against working capital targets.
Support Planning on demand-supply balancing safety stock strategy and evaluation of financial trade-offs.
Support Parts and Service Logistics on parts forecasting service inventory strategy and the economics of the installed base.
Lead End-of-Life (EOL) and Phase-In/Phase-Out (PIPO) financial planning to minimize stranded raw material and parts inventory across product transitions.
Own supplier financial risk analysis including financial health concentration risk and credit exposure across the supply base.
Drive cross-functional initiatives to standardize simplify and automate processes reducing manual workload and improving cycle time.
Partner with Sourcing leadership to solve operational challenges drive continuous improvement and eliminate waste.
Use financial expertise and sound judgment to drive a high level of controllership and compliance including maintaining and communicating the most recent delegations of authority within Sourcing.
Collaborate with Manufacturing Finance at the receiving dock to ensure consistent costing standards and clean variance attribution across the end-to-end product cost structure.
Communicate complex financial insights clearly influencing cross-functional stakeholders and enabling informed decision-making.
Qualifications and Experience
Bachelors degree from an accredited university or college.
Minimum of 10 years of progressive finance experience including increasing scope and leadership responsibility.
Minimum of 3 years of experience in a manufacturing environment or hardware environment with exposure to cost structures operations and supply chain dynamics.
Direct experience supporting a Sourcing Procurement or Supply Chain organization including PPV reporting should-cost modeling and commodity analytics.
Demonstrated track record at a complex multi-site manufacturer relevant sectors include energy power generation electric vehicles aerospace & defense semiconductors industrial equipment or other capital-intensive hardware businesses.
Working knowledge of ERP systems and supply chain operations (e.g. SAP Oracle); strong analytical capability with business intelligence tools (Power BI Tableau Alteryx).
Experience modeling supplier disbursements payment terms and days-to-pay; familiarity with treasury and cash management implications of supplier decisions.
Experience partnering with commodity managers on negotiation strategy should-cost analysis and supplier consolidation.
Influential leader with the ability to drive alignment and decisions across a broad set of cross-functional stakeholders. Transparent communicator who operates with candor shares critical information proactively and contributes constructively to team outcomes. Strategic thinker and strong ability to prioritize comfortable navigating ambiguity and solving complex problems in a fast-paced environment.
Highly collaborative partnering effectively across functions to benchmark best practices and drive continuous improvement. Strong personal ethics intellectual rigor and the ability to influence and negotiate across a complex matrixed global organization.
Education
Bachelors degree in finance Accounting Economics Business Engineering or a related discipline. MBA CPA or CMA preferred. Relevant practical experience will supersede a specific academic qualification.
Bloom Energy is an equal opportunity employer and makes employment decisions on the basis of merit. We are committed to compliance with all applicable laws providing equal employment opportunities. All qualified applicants will receive consideration for employment without regard to race sex color religion national origin protected veteran status or on the basis of disability. Bloom Energy makes reasonable accommodations consistent with applicable laws for the known physical or mental limitations of an otherwise qualified applicant or employee with a disability who can perform the essential job functions unless undue hardship would result.
At Bloom Energy we are committed to supporting the well-being of our employees and their families. Our comprehensive benefits package for eligible employees includes competitive Medical Dental and Vision plans with a large employer contribution a 401(k) Retirement Plan with company match generous Mental Health Support services Legal services virtual Physical Therapy access and Fertility & Family Forming benefits.
Bloom Energy is committed to fair and equitable compensation practices.
FULL TIME ROLE ONLY: The total compensation for this position includes standard company benefits and is based on various factors including but not limited to relevant skills and experience.
#LI-JM
Salary Ranges:
$209100.00 - $300900.00Required Experience:
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