Accounting Manager

Accounting Manager

Albuquerque, New Mexico

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 pulser-driven inertial 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.

Why This Role Matters

We are building a high-impact finance team to support our rapid growth. The Accounting Manager will be a foundational member of the team, responsible for establishing and maintaining rigorous accounting processes in a fast-paced startup environment. A core focus of this role is fixed asset accounting — as a capital-intensive technology company, Pacific Fusion requires meticulous tracking, capitalization, and reporting of property, plant, and equipment as we deploy significant infrastructure. This role requires someone who is comfortable with ambiguity, able to work independently, and excited to help build infrastructure from the ground up.

What You'll Do

• Participate in the month-end and year-end close process, including preparation of journal entries, account reconciliations, and financial statements in accordance with US GAAP
• Perform monthly bank and cash reconciliations, investigating and resolving variances in a timely manner to ensure accuracy of cash balances reported in the financial statements
• Lead all fixed asset accounting activities, including capitalization of property, plant, and equipment; depreciation calculations; asset disposals; and maintenance of the fixed asset subledger
• Establish and enforce capitalization policies, ensuring proper distinction between capital expenditures and operating expenses in a capital-intensive R&D environment
• Maintain lease schedules and amortization tables for operating and finance leases, ensuring accurate monthly entries for lease cost, interest expense, and liability reduction
• Coordinate with external auditors and tax advisors during annual audit and tax preparation
• Assist with R&D tax credit documentation and grant compliance as applicable
• Serve as backup to the Accounts Payable Sr Accountant, ensuring continuity of vendor payments and AP operations during absences or peak periods.
• Perform ad hoc financial analysis and special projects as needed

What You Bring

• Bachelor's degree in Accounting, Finance, or related field
• CPA license
• Minimum 4–6 years of progressive accounting experience
• Hands-on experience managing fixed asset subledgers, capitalization policies, depreciation schedules, and CIP accounting in accordance with ASC 360 and lease accounting in accordance with ASC 842
• Experience with month-end close, financial statement preparation, and audit support
• Proficiency with accounting software (QuickBooks, NetSuite, or similar) and Microsoft Excel
• Highly organized, detail-oriented, and able to manage multiple priorities in a fast-moving environment
• Self-starter who thrives in an unstructured, entrepreneurial environment

Bonus Points For

• Experience working at a startup or venture-backed company
• Experience with R&D-intensive companies, government grants and related compliance
• Experience with Coupa
• Experience with ERP implementations

Pay Range:

$130,000 - $170,000 USD

Total Compensation & Benefits for Eligible Employees

• 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.

Pacific Fusion is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Pacific Fusion is committed to providing reasonable accommodations for qualified individuals with disabilities in our job application procedures and throughout employment. If you need assistance or any accommodation, please let us know.

Pacific Fusion does not accept unsolicited resumes from recruiters or employment agencies without a fully executed recruitment agreement in place. In the absence of such agreement, Pacific Fusion reserves the right to pursue and hire any candidates without an obligation to pay fees. Agencies are requested not to contact Pacific Fusion hiring managers or employees regarding recruiting services.