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Varda Space Industries

Accounting and Finance Principal

Posted Yesterday
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In-Office
El Segundo, CA, USA
145K-175K Annually
Expert/Leader
In-Office
El Segundo, CA, USA
145K-175K Annually
Expert/Leader
Lead finance partnering with engineering, production, and supply chain to track costs, define KPIs, manage inventory and capex, support close and group reporting, automate processes, and deliver financial analysis to enable operational scaling in a manufacturing environment.
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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. Varda’s W-Series vehicles are built, designed, and operated by Varda in-house, including the pharmaceutical processing payloads, the capsules, the C-PICA heatshields, and the satellite buses.

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 offices in Washington, DC and Huntsville, AL. 

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

About This Role

This role sits at the intersection of finance, engineering, and operations, driving data-informed decision-making across a fast-growing manufacturing environment. As an Accounting and Finance Principal, you will partner closely with cross-functional teams to develop financial insights, optimize resource allocation, and establish scalable processes that support production and inventory management. The position plays a key role in tracking performance, improving operational efficiency, and ensuring financial accuracy as the business expands. This is a great opportunity for a strategic and hands-on leader.

This position is based in El Segundo, CA (Los Angeles area), and requires being onsite full-time

Responsibilities
  • Align with Engineering to implement processes for accurate labor cost allocation in manufactured parts.
  • Identify resource requirements for business entities, including headcount, capital, vehicle refurbishment/build costs, and operating expenses.
  • Collaborate with production and engineering teams to define production and operational KPIs, analyzing performance against productivity targets.
  • Partner with business leaders to prepare financial analyses that inform optimal operational decision-making.
  • Work closely with supply chain to ensure financial obligations are tracked and committed as we scale for rapid growth.
  • Support financial close analysis and group-level reporting; identify process improvements and automation opportunities, implementing changes to streamline processes.
  • Provide insights on spending variances and department-level reporting to business partners.
  • Coordinate capital expenditure tracking and related cash forecasts for the business.
  • Deliver financial analysis and support to propel business initiatives forward.
  • Develop scalability plans for inventory management processes to align with business growth, including infrastructure, staffing, and technology upgrades.
  • Monitor KPIs for inventory management, such as inventory turnover rate, accuracy rate, and carrying costs, to measure performance and identify areas for improvement.
  • Utilize software solutions that offer real-time tracking, automated reordering, and comprehensive analytics to enhance inventory accuracy and visibility.
Basic Qualifications
  • Bachelor’s degree
  • 10+ years of experience in finance or operations
Preferred Skills
  • Master’s degree in business administration
  • Experience working in finance organizations of fast-moving manufacturing or technology companies
  • Experience with enterprise resource planning (ERP) databases and structured query language (SQL) programming
  • Advanced Excel financial modelling skills
  • Experience with presenting analytical results in both verbal and written form across a multi-disciplinary organization
  • Willing to work extended hours and weekends as needed
Pay Range
  • Salary range: $145,000 - 175,000/per year
  • Leveling and base salary is determined by job-related skills, education level, experience level, and job performance
  • This role is on-site in El Segundo, CA
Benefits

Varda offers a comprehensive benefits package designed to support health, financial well‑being, and a high‑quality workplace experience. Below is an overview of what full‑time employees receive (at this time, interns receive a subset of benefits): 

Health & Wellness 

  • Flexible PTO policy + 12 paid holidays 
  • 100% company-paid Medical, Dental, and Vision insurance plans for employees and dependents with FSA and employer-matched HSA options
  • Voluntary accident, hospital, critical illness, and pet insurance 
  • $120/month wellness reimbursement for gym and fitness expenses 
  • 12 weeks of parental leave (with supplemental disability leave for CA mothers) 
  • Family building, pregnancy, parenting and menopause benefits via Maven Clinic 
  • Sponsored One Medical memberships for employees and their dependents 

Financial & Retirement 

  • Substantial incentive equity in a fully funded space start-up 
  • 401(k) retirement plan with 6% employer match (immediately vested)
  • $20/pay period cell phone reimbursement 
  • Relocation support for new hires, if needed 

Workplace Experience & Perks 

  • Fully stocked kitchen with lunch provided daily and dinner provided twice weekly 
  • Company and team-bonding events, happy hours and mission-success celebrations
  • Complimentary EV charging
  • Dog-friendly office space 🐕 

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. Because our employees are provided access to export-controlled items, our 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).


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

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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.

HQ

Varda Space Industries El Segundo, California, USA Office

225 S Aviation Blvd., El Segundo, CA, United States, 90405

HQ

Varda Space Industries El Segundo, California, USA Office

225 S Aviation blvd, El Segundo, California, United States, 90045

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