Varda

Senior Financial Analyst

El Segundo, California, United States

$120-165k

Full Time

41 minutes ago

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Job description

About Varda

Low Earth orbit is open for business. Varda is accelerating the development of commercial space infrastructure, from in-orbit pharmaceutical processing to reliable and economical reentry capsules.

From life-saving pharmaceuticals to more powerful fiber optics, there is a world of products used on Earth today that can only be manufactured in space. Varda is accelerating innovation in the orbital economy by creating both the products and infrastructure needed so space can directly benefit life on Earth. Our mission is to expand the economic bounds of humankind.

Our team is uniquely suited to accomplishing this goal, with leadership and staff comprised of veterans from SpaceX, Blue Origin, major pharmaceutical companies and Silicon Valley. Varda was founded in January 2021 by Will Bruey and Delian Asparouhov with significant backing from world class investors including Khosla Ventures, Lux Capital, Founders Fund, Caffeinated Capital, General Catalyst, and Also Capital.

Varda is headquartered in El Segundo, California, where we have offices and a production facility where our vehicles, equipment, and materials are built, integrated, and tested. Varda also has an office in Washington, D.C.

Join Varda, and work to create a bustling in-space ecosystem.

About Varda

Varda is moving industry into space and bringing real products back to Earth.

SpaceX, NASA, and the rest of the space industry have laid the proverbial railways to orbit. The team at Varda is building on top of this prior work to expand the economic bounds of humankind.

At Varda, you’ll have the opportunity to work at the intersection of ambition and experience. Our team has all worked in aerospace and honed their crafts in the trenches of major established companies. Your work will be valued and evaluated by launch-proven leaders who’ve chosen to apply their talents to manufacturing in space.

While our vision is big, the steps to get there are both reasonable and feasible. Our company operations are clear and use cases for orbital manufacturing have been proven out over decades of ISS-based research and development.

Join Varda to help leverage space for business.

About this Role

As the Sr. Financial Analyst, you will be responsible for tracking, forecasting, analyzing, and reports of Varda’s pharmaceutical and aerospace lines of business. This is the key financial planning and analysis (FP&A) role in the company with the responsibility of providing visibility into revenue and spending trends, business performance, and program operations. A successful candidate will be able to interface will all aspects of the company including engineering, sales, and the account management teams.

This is a full-time, exempt position located in our El Segundo headquarters.

Required Skills

Scope projects including requirements capture and initial design trades to open-ended problems
Maintain and develop financial models for an annual operating plan, budget, and forecast cycles
Provide day to day support and administration for Varda’s portfolio of financial systems
Develop forecasts of key performance indicators (KPIs), including spending and resource requirements for Varda’s pharmaceutical and government product lines, including headcount, capital, and operating expenses
Interact effectively with Finance and Accounting stakeholders to define business processes and identify areas of improvements/automation
Provide insight on revenue, spending variances, and department-level reporting to Varda’s managers, teams, and business partners
Forecast unit costs with cross-functional teams and track progress in all cost reduction goals
Conduct ad-hoc analyses as needed to support operational decision-making
Prepare and update capital expenditure and inventory cash forecasts
Develop and enhance tools to track revenue performance and incurred project costs every month

Basic Qualifications

Bachelor’s degree in business, finance, economics, or engineering
5+ years of professional experience in accounting or finance operations
Ability to receive Top Secret or TS/SCI clearance
Strong written and verbal communication
Independently motivated with a demonstrated track record of delivering complex technical projects
Advanced skills in Microsoft Excel, applied business statistics, and general modeling experience of complex non-linear system
S. citizen or lawful permanent resident of the U.S. to conform with U.S Government space technology export regulations under ITAR
Experience with US GAAP accounting standards

Preferred Skills and Qualifications

7+ years in the finance industry with experience in a technology-based start-up
MBA or CPA
Knowledge of reporting, visualization, intelligence, and analysis tools
Experience presenting financial models across a multi-disciplinary organization
Experience with the development of various enterprise resource planning (ERP) business tools and applications (not necessarily a software developer, but as a finance expert and user)
Experience with SQL and/or Python

Compensation

Sr. Financial Analysist: $120,000—$165,000 /per year
Leveling and base salary is determined by job-related skills, education level, experience level, and job performance
You will be eligible for long-term incentives in the form of stock options and/or long-term cash awards
Offer compensation also includes the ability to purchase company stock through the Employee Stock Purchase Plan

Varda Space Industries is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Candidates and employees are always evaluated based on merit, qualifications, and performance. We will never discriminate on the basis of race, color, gender, national origin, ethnicity, veteran status, disability status, age, sexual orientation, gender identity, martial status, mental or physical disability, or any other legally protected status.

ITAR Requirements

Varda, like all employers, must ensure that its employees working in the United States are lawfully authorized to work in the U.S. Additionally, our employees are exposed to and have access to certain export-controlled items. At present, some of our technology to which employees have access requires a license to be exported to individuals other than “U.S. Persons” as defined in U.S. export regulations. Because our employees are provided access to export-controlled items, our current policy is to only hire “U.S. persons” who are permitted to have access to our technology without an export license.

“US person” means: U.S. citizen, U.S. lawful permanent resident, or protected individual as defined by 8 U.S.C. 1324b(a)(3) (i.e., individual admitted to the U.S. as a refugee or granted asylum in the U.S.)
Learn more about the ITAR here.

Benefits

Exciting team of professionals at the top of their field working by your side
Working in El Segundo, CA - an awesome Southern California beach city with quick access to entertainment and outdoor activities
Equity in a fully funded space startup with potential for significant growth (interns excluded)
401(k) matching (interns excluded)
Unlimited PTO (interns excluded)
Health insurance, including Vision and Dental
Lunch and snacks provided on site every day. Dinners provided twice a week.
Maternity / Paternity leave (interns excluded)

E-Verify Statement

Varda Space Industries, Inc. participates in the U.S. Department of Homeland Security E-Verify program. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

E-Verify Notice Right To Work Notice