Engineering Finance Analyst

About the role

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.

Responsibilities

• 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.
• 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.
• 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).

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.
• Hightly 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.

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.

Benefits

Our competitive benefits package includes:

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