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Engineering Finance Analyst

$140k - $185k

Peak Energy

Job Description

Job Description

Peak Energy

Job Title: Engineering Finance Analyst

Location: Burlingame, CA

Department: Finance

Reports To: VP of Finance

Position Type: Full-time

About Peak Energy

Peak Energy is the first American venture to advance globally proven Sodium-Ion battery systems as the storage standard for the new era of renewable energy on a resilient grid.

Sodium-Ion is cheap, readily available and safe, making it the leading contender in a rapidly evolving market.

Our leadership team is powered by decades of expertise in scaling gigawatt-level innovation at world-class companies such as Tesla, Northvolt, Apple, Powin, Enovix, Zipline, Solid Power, and Fluence. We are backed by strategic investment and product partners such as TDK Ventures and Eclipse Ventures.

We are a team of engineers, operators, entrepreneurs, and partners driven by a shared ambition to set the new performance standard for renewable energy and grid resilience.

About the Role - Engineering Finance Analyst

Peak Energy is accelerating the transition to clean, reliable energy through advanced energy storage systems. We are seeking an Engineering Finance Analyst to work cross-functionally with Peak's engineering, manufacturing and supply chain teams and support cost initiatives as the company scales up its manufacturing. The role will establish cost targets, build and own internal cost models, support capital planning, and partner with both engineering and supply chain on Peak's product roadmap. This role will report to the Vice President of Finance and be the first engineering finance hire.

The ideal candidate is a technically strong, detail-oriented, who thrives in fast-growing, cross-functional environments. As this is the first engineering finance hire, the candidate will be building out Peak's engineering finance operating cadence (targets, reviews, metrics, and governance) and must thrive in an entrepreneurial environment. This role has significant growth opportunity.

What You'll Do (Responsibilities)

Engineering & Product Design Partnership

  • Partner with Design and Manufacturing Engineering during product architecture and design reviews to quantify cost, margin, and lifecycle tradeoffs (including cost vs. performance decisions).
  • Develop and maintain should-cost models at the system, sub-system, and component level and use them to set/validate cost targets.
  • Translate engineering changes (BOM, specs, tolerances, performance) into financial impact on unit economics, COGS, and gross margin.
  • Own Engineering Finance forecasting for key programs (e.g., engineering spend, prototypes/pilots, tooling/NRE) and provide clear executive visibility into spend vs. plan, risks, and decisions.
  • Track and proactively manage cost-reduction / profit-improvement initiatives (design changes, supplier initiatives, yield/scrap improvements), including savings estimates, timing, and verification.

Supply Chain

  • Partner with supply chain on supplier selection, sourcing, and make vs. buy decisions.
  • Analyze sourcing decisions and how they impact overall landed costs, including qualification for federal tax incentives.
  • Track and forecast financial impact of lead times, MOQs, pricing ramps, and supplier capacity constraints.
  • Support supply chain team with building inventory and procurement models to forecast ordering timing and quantities.

Capital Planning

  • Own end-to-end financial management of the manufacturing facility capital budget, including equipment, tooling, infrastructure, and construction-related capex.
  • Analyze capex investments (tooling, automation, equipment) and ROI tradeoffs as volume scales.
  • Build and own capex models linking facility investment to capacity, throughput, and cost targets.
  • Establish early capital governance (approval thresholds, controls, documentation, capitalization policy).

What You'll Bring (Qualifications)

  • Bachelor's degree in Accounting, Finance, Engineering or related field.
  • 2-4+ years in capital finance, operations finance, project finance, or engineering finance, ideally in hardware, energy, industrials, or infrastructure-heavy environments.
  • Strong understanding of PO workflows, change orders, milestone payments, and capital controls.
  • Comfortable partnering with engineers, project managers, and external vendors and influencing decisions with data.
  • Highly organized, detail-oriented, and able to operate in a fast-moving, incomplete-information environment.
  • Experience using an ERP system for costing, vendor management, and reporting.
  • Advanced Excel/Sheets financial modeling skills; ability to build clear decision tools and present to senior stakeholders.
  • Bonus: SQL and/or BI tools (Tableau/Power BI/Looker), and experience with manufacturing cost drivers (labor, yield, scrap, OEE, conversion cost)

What Success looks like:

  • Capital spend is accurately tracked with no surprises.
  • Leadership has clear visibility into commitments, cash timing, and risks.
  • Engineering and Operations trust finance as a reliable execution partner.
  • Capex processes are solid enough to scale as the company grows.
  • Cost targets exist for major systems/components, and a measurable cost-down roadmap is in motion with tracked savings.

Peak Energy is committed to building a diverse and inclusive workforce. We strongly encourage women, people of color, and individuals from underrepresented groups to apply. We value skills, potential, and perspective over specific credentials. If you're excited about this role but your experience doesn't look perfect on paper, we still want to hear from you.

Our Core Values

  • Speed Through Focus - Move fast but understand why. Focus on the goal, don't sacrifice quality.
  • Mission Over Self - It's about the greater good; confident humility. Take ownership and accountability.
  • Face the Brutal Truth - Transparency, honesty, big picture curiosity. Fearless decision making.
  • Be a Good Person - Kindness, collaboration and teamwork.

Compensation & Benefits

The salary range for this role is $140,000 - $185,000 , with actual pay varying based on work location, experience, and skills. Our competitive benefits package includes:

  • Flexible time off
  • Comprehensive medical, dental, and vision coverage
  • Strong 401(k) plan
  • Equity opportunities
  • Many great work perks

Join us to thrive in a supportive environment while making a meaningful impact in the energy sector!

At Peak Energy Technologies Inc., we believe that a diverse and inclusive workplace makes us a more capable, innovative, and competitive company. We welcome people who represent diversity in their backgrounds, ethnicities, cultures, and experiences. Peak Energy Technologies Inc. is an equal opportunity employer, aiming to reach our company's full potential by cultivating an inclusive workforce. We do not discriminate on the basis of race, color, ancestry, religion, national origin, sexual orientation, citizenship, marital or family status, disability, gender identity or expression, veteran status, or any other legally protected status.

Vacancy posted 19 days ago
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