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Mainspring Energy

FP&A Manager — Services

Posted 3 Days Ago
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In-Office
Menlo Park, CA
106K-125K Annually
Expert/Leader
In-Office
Menlo Park, CA
106K-125K Annually
Expert/Leader
Manage financial planning, budgeting, forecasting, reporting, and profitability analysis for the Services business. Partner with Operations, Field Service, Supply Chain, Accounting, and senior leadership to model labor, spare parts, service contracts, warranty, capital investments, and operating metrics. Translate fleet and field-service performance into financial insights, identify margin improvements, support pricing and contract analysis, and develop dashboards and reporting tools.
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About Mainspring

Mainspring Energy manufactures and delivers fuel-flexible, low-emissions local power solutions that rapidly add new capacity and deliver reliable, affordable, and sustainable electric power. The company began commercial shipments of its Mainspring Linear Generators in 2020 and today has hundreds of megawatts in advanced development and field operations for leading Fortune 500 companies, data centers, and utilities. Mainspring also partners with global energy leaders including AEP, NextEra Energy Resources, Schneider Electric, and more.

The core values that ground our work, guide our decisions, and connect us together:

  • Pragmatic Optimism
  • Excellence without Ego
  • Proactive Collaboration

Job Overview

    We are seeking an experienced FP&A professional to support our Services business unit, which services and maintains our hardware/equipment fleet in the field (Operations & Maintenance - O&M) . This role will partner closely with Operations, Field Service, and Supply Chain leadership to drive financial planning, forecasting, and performance analysis specific to a linear generator. The ideal candidate has 5-7 years of FP&A experience, ideally within a hardware, equipment, industrials, or asset-heavy services environment, and is comfortable translating operational metrics (uptime, service costs, spare parts, field labor) into financial outcomes.

Key Responsibilities

  • Own the annual budgeting, quarterly forecasting, and long-range planning process for the business line, including revenue, cost of service, and margin analysis

  • Partner with Operations and Field Service leaders to build and maintain cost models covering field labor, spare parts/inventory, truck rolls, warranty, and third-party service contracts

  • Track and report on key O&M/hardware operating metrics (e.g., fleet uptime, mean time to repair, cost per unit serviced, service margin by contract/customer) and connect them to financial performance

  • Prepare monthly management reporting packages, including variance analysis (actuals vs budget/forecast) with clear narrative on drivers

  • Support pricing and contract profitability analysis for service agreements, maintenance contracts, and warranty programs

  • Build and maintain financial models to evaluate capital investments (equipment, tooling, spare parts inventory) and business cases for new service programs or geographic expansion

  • Partner with Accounting on month-end close, ensuring accurate cost allocation and revenue recognition for service/maintenance contracts

  • Identify cost-saving and margin-improvement opportunities across the O&M cost structure

  • Develop dashboards and self-service reporting tools to give operational leaders real-time visibility into their financial performance

  • Support ad hoc analyses for senior leadership, including board and investor reporting materials as needed

Qualifications

    Required:

  • Bachelor's degree in Finance, Accounting, Economics, or related field

  • 7-10 years of progressive FP&A or corporate finance experience

  • Experience supporting a hardware, equipment, industrials, field services, or asset-intensive business (O&M, install base, or service organizations strongly preferred)

  • Strong financial modeling skills (advanced Excel required; experience building models from scratch)

  • Experience with budgeting/forecasting tools and ERP systems

  • Ability to translate operational/technical metrics into financial insights for non-finance stakeholders

  • Strong communication skills; comfortable presenting to senior operational and finance leadership

  • Preferred:

  • MBA or CFA a plus, not required

  • Hardware/manufacturing background

  • Familiarity with cost accounting and revenue recognition as it applies to maintenance/warranty agreements

  • Experience with BI/reporting tools

Does your experience not meet all of our posted requirements? Studies have shown that some people are less likely to apply to positions unless they meet every listed requirement. At Mainspring, we are committed to building a diverse, inclusive, flexible, and collaborative environment, so if you want to help us transition the world to clean and affordable electricity, and don’t meet all posted requirements for a particular role, we’d still love to hear from you. Mainspring can sometimes be flexible enough to shift responsibilities for the right person, or otherwise identify open or upcoming roles that may better fit your professional background.

In more traditional words, Mainspring Energy, Inc is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

This compensation and benefits information is based on Mainspring Energy's estimate as of the date of publication and may be modified in the future. We generally do not negotiate on salary once we have made an offer. The level of pay within the range will depend on a variety of job-related factors that may include location, relevant prior experience and/or education, or particular skills and expertise. New hires joining the company tend to be paid within the starting base pay range noted above, with opportunities to increase pay over time based on development of additional skills, competencies, and company-specific knowledge.

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