Stillingsbeskrivelse
Stem is a global leader reimagining technology to support the energy transition. Turning complexity into clarity, and potential into performance. We help asset owners, operators and stakeholders benefit from the full value of their energy portfolio by enabling the intelligent development, deployment, and operation of clean energy assets. Our integrated software suite, PowerTrack, is the industry standard and best-in-class for asset monitoring, supported by professional and managed services, under one roof. Meant to tackle challenges as seamlessly as possible, Stem shows the information needed clearly and accurately and helps harness raw data to inform actionable insight. With global projects managed in 55 countries - from Germany to Japan and across North America - customers have relied on Stem for nearly 20 years to maximize the value of their clean energy projects.
Stem's culture embodies diversity & inclusion beyond the traditional facets of gender, ethnicity, age, disabilities, and sexual orientation to include experience, personality, communication, work styles, and more. At our core, Stem is at the momentous intersection of clean energy and software technology where diverse ideas, experiences, and professional skills converge to make the inclusive culture we have today. Together, we are turning old school thoughts about software and energy into progressive, collaborative, and innovative solutions. By joining our team, you will be collaborating with data scientists, energy experts, skilled salespeople, thought-leading executives and more from a range of backgrounds. This intersection of ideas, beliefs, and skills is what makes us unique enough to lead the world's largest network of digitally connected energy storage systems.
About the Role
Stem Inc., a publicly traded company on the NYSE, is looking for a Sr. Director of Financial Planning & Analysis to lead the FP&A function's strategic planning, forecasting, and business analysis activities across the company. This role leads the activities of the FP&A function through subordinate managers, participates with the CFO and senior finance leadership to establish strategic plans and objectives, and ensures operational effectiveness across budgeting, forecasting, and business partnering company-wide.
What You'll Do
- Lead the end-to-end FP&A function: annual budgeting, quarterly forecasting, long-range financial planning, and monthly management reporting.
- Participate with the CFO and senior finance leadership in establishing strategic financial plans and objectives; translate strategy into functional plans and guide execution.
- Own creation and management of leadership, board, and investor-ready materials.
- Direct the build and maintenance of financial models covering revenue, opex, headcount, cash flow, and unit economics to support scenario planning and strategic decisions.
- Oversee the monthly and quarterly close-to-forecast cycle, ensuring the quality of variance analysis and executive commentary.
- Serve as a senior strategic finance business partner to department and functional leaders, providing analysis that informs pricing, hiring, and investment decisions.
- Direct development of KPIs, dashboards, and reporting tools that give leadership real-time visibility into business performance.
- Lead, mentor, and develop an international team of FP&A managers and analysts through subordinate leaders, building scalable processes as the company grows.
- Drive continuous improvement of planning systems, tools, and processes company-wide to increase forecasting accuracy and reduce cycle time.
- Support capital raises, M&A analysis, and other strategic initiatives as needed.
- Ensure financial planning processes and reporting align with GAAP and internal controls, working closely with Accounting and Investor Relations.
What You'll Bring
- 10+ years of progressive experience in FP&A, corporate finance, investment banking, or management consulting, including 3+ years leading a team of managers or analysts.
- Experience in high-growth technology or energy with a software company strongly preferred.
- A collaborative leadership style with a bias toward action and continuous improvement.
- Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA or CFA a plus.
- Proven track record building financial models and driving planning processes in a fast-growing or complex business environment.
- Deep proficiency in Excel and modern FP&A or BI tooling (e.g., Adaptive, Anaplan, Pigment, Tableau, Power BI); experience with NetSuite or a similar ERP is a plus.
- Strong command of GAAP, financial statement analysis, and corporate finance principles.
- Excellent communication skills, with the ability to translate complex financial data into clear narratives for non-finance stakeholders and executive audiences.
- Demonstrated ability to manage competing priorities and deliver accurate work under tight deadlines.
What We Offer
At Stem, you will work in a growing, innovative, mission-driven company with talented colleagues that have a passion for building renewable energy systems. Stem offers competitive compensation as well as a comprehensive set of benefits to support the health and wellness of our employee including:
- A competitive compensation package, including eligibility for a bonus or commission based on the role.
- Full health benefits on the first day of employment (several medical plan options-HDHP and PPO, dental plans, FSA/HSA-with employer contribution, employer paid vision/LTD/STD/Life, variety of voluntary coverage)
- 401k (pre- or post-tax) on first day of employment
- 12 paid calendar holidays per year
- Flexible time-off
Stem, Inc. is an equal opportunity employer committed to diversity in the workplace and does not discriminate against any employee or applicant for employment because of race, color, sex, pregnancy, religion, national origin, ethnicity, citizenship, sexual orientation, gender identity, age, marital status, disability, genetic information, military status, protected veteran status or any other factor protected by applicable federal, state or local laws.
The pay range for this role is:
175,360 - 263,040 USD per year (US National)
Løn og goder
Om stillingen
Om Stem
Virksomhedsoversigt
Stem, Inc.
HovedkontorSan Francisco, CA, USA
Grundlagt2009
StørrelseCa. 1.000 ansatte (kilde: linkedin.com). Indtægter på 462 millioner USD i 2023 (kilde: bizjournals.com). Kontrakteret backlog på over 1,6 milliarder USD ved begyndelsen af 2024 (kilde: junkbondinvestor.com).
Hvad de gør
Stem fokuserer på AI-drevne løsninger inden for ren energi, især energilagring integreret med solenergi-teknologier. Deres flagskibssoftware, PowerTrack-suiten (tidligere kendt som Athena), tilbyder omfattende overvågning af aktiver, analyser, fjerndiagnostik, SCADA, kontrol af kraftværker og optimering for sol-plus-lagringssystemer (kilde: stem.com). Virksomhedens tilbud inkluderer hardware fra originale udstyrsproducenter (OEM'er), som udgjorde ca. 85% af deres indtægter i 2023, samt professionelle tjenester til design, indkøb, idriftsættelse og fejlfinding af lagrings- og hybrid-systemer (kilde: junkbondinvestor.com). Højmargin-software og -tjenester tilbydes også til både bag-måler (BTM) og front-måler (FTM) utility-scale implementeringer, hvilket muliggør funktioner som virtuelle kraftværker (VPP'er), efterspørgselsrespons, frekvensregulering, mikro-net, opladning af elbiler (EV) og optimering af regninger (kilde: substack.com). Deres målmarkeder inkluderer forsyningsvirksomheder, kommercielle virksomheder, energibesiddere, EV-flåder og solinstallationer i Nordamerika og globalt i over 50 lande.
Projekter & Referencer
Stem har gennemført bemærkelsesværdige projekter, såsom implementering af 15 energilagringssystemer (ESS) i en enkelt amerikansk by, hvilket dannede et VPP, der bruger deres Athena-software til efterspørgselsrespons (kilde: substack.com). Et andet betydeligt projekt involverede en deployment ved California State University, der sparede 70.000 USD i årlige omkostninger, samtidig med at det reducerede belastningen på nettet med 1,4 MW, hvilket viser effektiviteten af deres løsninger i virkelige anvendelser (kilde: substack.com). I 2023 sikrede Stem sig kontrakten for Project Polyphemus, der har til formål at forbedre netværkets modstandsdygtighed gennem avanceret lagring og software, der optimerer distributionen på tværs af et bredt netværk (kilde: dcfmodeling.com). Deres igangværende bestræbelser understreger FTM utility-scale batteriprojekter udviklet i samarbejde med partnere, lagdelt med software og tjenester, samt VPP/nettjenester som frekvensregulering (kilde: junkbondinvestor.com). Nøglekunder inkluderer California State University, SunPower og en forskelligartet base af 16.000 kunder, med ca. 30% overlap med AlsoEnergys kundebase.
Seneste Udviklinger
I de sidste to år har Stem annonceret kontrakten for Project Polyphemus i 2023, hvilket yderligere styrker deres position som Nordamerikas største VPP-operatør, som anerkendt af Wood Mackenzie (kilde: dcfmodeling.com). Virksomheden udstedte en grøn konvertibel note på 200 millioner USD med en rente på 4,25% i marts 2023 for at tilbagekøbe eksisterende noter og finansiere driften, hvilket afspejler strategisk cash flow management midt i væksten (kilde: junkbondinvestor.com). Opkøbet af AlsoEnergy for 695 millioner USD i 2021 markerede en betydelig milepæl, der tilføjede betydelige indtægter og forbedrede deres softwarekapaciteter (kilde: nanalyze.com). Indtægtsvæksten har været bemærkelsesværdig, med tal der nåede 462 millioner USD i 2023, op fra 363 millioner USD i 2022, sammen med en backlog på over 1,6 milliarder USD (kilde: junkbondinvestor.com). Seneste milepæle inkluderer også rebranding af PowerTrack og et fornyet fokus på software midt i hardwareændringer, hvilket yderligere etablerer deres markedsnærvær.
At Arbejde Der
Stem tilbyder en række roller inden for hardware-salg til FTM-projekter, softwareudvikling til PowerTrack/Athena-platformen og professionelle tjenester, der inkluderer ingeniørarbejde, drift og optimering (kilde: stem.com). Virksomheden ansætter aktivt, især i San Francisco, Californien, hvor hovedkontoret ligger, med muligheder inden for utility-scale og VPP-relateret feltarbejde (kilde: linkedin.com). Kulturen hos Stem er præget af hurtig skalering, med en ti gange indtægtsvækst fra 2020 til 2023, og en stærk vægt på AI-innovation under CEO John Carrington siden mindst 2022 (kilde: bizjournals.com). Selvom specifikke fordele ikke er detaljeret, fremhæver virksomheden realtids ekspertstøtte i professionelle tjenester, hvilket antyder adgang til avancerede værktøjer og en præstationsdrevet struktur for medarbejdere (kilde: stem.com). Dog indikerer det højt pressede vækstmiljø, påvirket af SPAC-ursprunget og gældshåndtering, et fokus på at opretholde marginer og cash flow under investorovervågning.
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