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Power Factors

Chief Financial Officer

Power Factors, Boston, Massachusetts, United States, 02298

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About Power Factors Power Factors is a software and solutions provider leading the next generation of clean energy with Unity, one of the most extensive and widely deployed renewable energy management suites (REMS) in the market. With over 300 GW of wind, solar, and energy storage assets managed worldwide across more than 600 customers and 18,000 sites, Power Factors manages 25% of the world’s renewable energy data.

Power Factors’ Unity REMS supports the entire energy value chain, from monitoring and controls to market analytics. The company’s suite of open, data‑driven applications empowers renewable energy stakeholders to collaborate, automate critical workflows, and make more informed decisions to maximize asset returns. Energy stakeholders receive end‑to‑end support, including solutions for SCADA & PPC, centralized monitoring, performance management, commercial asset management, and field service management. With deep domain expertise, AI‑powered insights are delivered at scale so businesses can optimize assets, unlock growth, and make smarter decisions as the world rapidly transitions to clean energy. Power Factors fights climate change with code.

Role Overview The CFO will serve as a strategic partner to the CEO and Board of Directors, leading all aspects of financial operations and shaping the organization’s long‑term financial strategy. This executive will oversee controllership, FP&A, tax, and treasury, while driving operational excellence and capital efficiency across the business. The CFO will lead the annual budgeting process, oversee expenses throughout the year, and play a central role in advancing growth both through organic and inorganic initiatives. By ensuring financial health, guiding investment decisions, and delivering strategic insights, the CFO will be instrumental in driving sustainable growth and profitability.

Key Responsibilities

Team and Function Development

Shape and build a top‑notch team across all finance functional areas

Conduct a thorough review of processes and controls and lead the team through implementing best practices

Ensure a strong financial model, budgeting and forecasting process is in place across the company

Execute strong financial management processes and systems, ensuring data integrity in commercial and financial data

Create a business finance partner function that helps ensure ongoing collaboration and budget management across the organization

Develop and distribute monthly and quarterly KPI and financial reporting to inform the ELT on business performance and uncover key areas of focus

Financial Operations

Oversee accounting, compliance, and reporting functions, ensuring timely and accurate close cycles

Manage cash flow, collections, and working capital to support global operations

Optimize systems (NetSuite, Blackline, Avalara) to support the business and integrity of company financial reporting

Commercial Enablement

Support pricing strategy, renewals, contract structuring and collections for SaaS and SCADA/EMS offerings

Collaborate with Product, Delivery, and Legal teams to streamline quote‑to‑cash processes

Participate in the Information Security Steering Committee (ISSC) to align financial risk with cybersecurity posture

Strategic Leadership

Lead both short‑term (budget process) and long‑term (projections) financial planning

Lead scenario planning and budgeting aligned with SaaS growth metrics and ARR targets

Serve as a key leader of the ELT, contributing to corporate strategy, organic and inorganic growth opportunities, and long‑term planning

Partner with the CEO and Board to shape financial vision and investment priorities

Debt and Equity Management

Manage debt covenants and banking relationships to ensure compliance with covenants and information delivery on a timely basis

Own and deliver all necessary reporting to investors and financiers of the business, including monthly financial reviews

Along with the CEO and Chief Strategy Officer, serve as a primary interface to the investor group

Qualifications

Proven capability to build a world‑class finance function across the controllership, FP&A, tax, and treasury

Deep experience working with a diverse set of partners across private equity and lenders

International experience – both from a business and team perspective – is a must

Company experiences spanning integrated solutions – hardware, software and services

Energy experience highly desired

Candidates with diverse experience managing extended functions of legal and HR will be prioritized

Demonstrated knowledge of systems implementation and integration for financial data integrity

Strong analytical, communication, and leadership skills

Must have CPA and MBA preferred

Life at Power Factors We are an agile software development company – big enough to make an impact, but small enough to move quickly and execute in a growing industry, taking advantage of rapidly evolving technologies. We are a collective of bold and ingenious talents driven by results. Our team is made up of hard‑working, fun‑loving people who are passionate about making the world a better place. We seek fierce and humble people to help us achieve our ambitious plan.

Why Join Us By joining the Power Factors team, you’ll be part of a dynamic group of innovative and driven individuals dedicated to making a positive impact. Every day, your work will directly contribute to advancing clean energy solutions and supporting global sustainability initiatives. Our culture runs deep and shows up in how we work together – committed, conscientious and collaborative. With many opportunities for professional growth, Power Factors is here to support your development as we lead the charge in transforming the energy industry.

Equal Opportunity Employer Power Factors is an Equal Opportunity Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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