Director Commercial Finance & Treasury

Oklo

Oklo

Accounting & Finance
Santa Clara, CA, USA
Posted on Monday, November 20, 2023
Thanks for your interest in Oklo! We are searching for a Director of Commercial Finance and treasury to join our team.

Position Description:

Assists CFO with development and execution of commercial financing strategies of Oklo to support our overall growth agenda by bringing financing cash flows into the firm at a lower overall cost of capital. Hence will be accountable for developing and implementing plans to access Loan Program Office (LPO), Project Financing and State and Federal Programs that can support our growth agenda. Successful candidate will also manage day to day banking and cash management operations of Oklo until such time as those requirements requiring hiring of a full time Cash Manager. Role will have a significant strategic focus requiring business partnering to develop and executable finance plan aligned to and in support of major technical, operational, supply chain and project execution of the firm. In addition, the ability to build detailed financial models for internal and external use will also be a critical success factor.

Specific responsibilities may include:

  • Creation of investor decks, financial models, diligence materials, data rooms and other related content required for accessing funds from LPO and Project Financing Lenders
  • Will manage end to end delivery for above mentioned lending programs until funds are in the door
  • Ability to assess and prioritize financial structures that Oklo can use to enable its business model including Do ability, Cost, Value, Risk and Time to Execute
  • Develop and ensure delivery of materials required for compliance once loan programs are in place
  • Development and management of asset level and corporate wide financial models
  • Should a Debt Rating be required by Mood's, S&P and/or Fitch successful candidate will manage this process
  • Work across the business to support our financing activity. Will be critically important to ensure commercial contracts such as but not limited to PPAs meet needs of potential lenders
  • Strong networking and relationship building will be critical as successful candidate will have to work with government agencies such as the DOE and well as financial institutions
  • Accountable for day-to-day cash management and related banking activity of the firm until such time that it is determined a full time Cash Manager is required
  • Assist the CFO with the planning, developing, organizing, implementing, directing, and evaluating the organization's finance function performance which will include developing and implementing a plan for acquiring and developing finance talent
  • Over time successful candidate will develop recommendations and execute on those recommendations to hire full time Oklo Treasury staff
  • Develop credibility for the finance group by providing timely and accurate analysis of banking and loan program activity
  • Be an advisor from the financial perspective on any contracts into which the corporation may enter and ensuring our treasury and cash management policies and procedures are up to date and reflect those activities
  • Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group and provide individuals with professional and personal growth
  • Ability to manage teams and activities with tight timelines across multiple delivery areas
  • Respond to CFO as assigned with accurate and timely work to facilitate his financial needs
  • Participate in a wide variety of special projects
  • Conform with and abide by all regulations, policies, work procedures, and instructions
  • Conform with all safety rules and use all appropriate safety equipment
  • Perform other duties as assigned

MANAGEMENT RESPONSIBILITIES:

Manages subordinate staff having responsibility for the overall direction, coordination and evaluation of those team members and manage day to day delivery of external contractors. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Competencies:

We are looking for someone that is:

  • Treasury and Commercial Banking Experience
  • Capital Fund Raising experience
  • Complex modeling experience
  • Analytical—the individual synthesizes complex or diverse information
  • Process and commercially oriented
  • Problem solving—the individual identifies and resolves problems in a timely manner and gathers and analyzes information skillfully
  • Oral communication—the individual speaks clearly and persuasively in positive or negative situations, demonstrates group presentation skills, and conducts productive meetings
  • Delegation—the individual delegates work assignments, gives authority to work independently, and sets expectations and monitors delegated activities
  • Leadership—the individual inspires and motivates others to perform well, accepts feedback from others
  • Management skills—the individual includes staff in planning, decision-making, facilitating and process improvement; makes self available to staff; provides regular performance feedback; develops subordinates' skills and encourages growth
  • Quality management—the individual looks for ways to improve and promote quality and demonstrates accuracy and thoroughness
  • Judgment—the individual displays willingness to make decisions, exhibits sound and accurate judgment and makes timely decisions
  • Planning/organizing—the individual prioritizes and plans work activities, uses time efficiently and develops realistic action plans

Critical for Oklo:

  • Passionate about clean energy
  • Passionate about making advanced fission a reality
  • Willing and able to learn quickly
  • Willing to think differently and do things in new ways
  • Comfortable in a fast-paced, high iterative startup environment
  • Excited to think creatively, critically, and reflectively about the problems they are solving while not leaning only on what has been done before
  • Willing to propose novel and creative solutions to technical problems
  • An excellent write in a modern active voice, so make your cover letter compelling and write it well!
  • Able to communicate technical content and results verbally

Minimum Qualifications:

  • Bachelor's degree in finance, accounting, economics or business

Bonus Qualifications:

  • Ideally a master's degree (MBA) or equivalent; or ten plus years related experience and/or training; or equivalent combination of education and experience
  • Banking experience
  • Preferred remote location: U.S. East Coast

Who you are:

A startup person: You aren't driven by titles or hierarchy, and prefer efficiency to excess process. You don't need or expect to have a lot of guidance but you enjoy working in a fast-paced team. If you prefer the culture and feel of a large organization, that is great, but you likely won't enjoy working with us! There is plenty of important work and plenty of good opportunities with organizations like that.

Motivated: You are self-motivated. You bring an enthusiasm to the team, and imbue a sense of passion that goes beyond clocking in and clocking out. This isn't about a fake or arbitrary "pieces of flair" mentality or lack of work-life balance! It is about being a part of the vision and feeling a part of reaching team goals.

A team-player: Oklo genuinely is a team. We aren't about taking credit for ourselves, and we aren't about pushing blame to others. We do incredible things because we work as a team.

An excellent communicator: We need a person who is not only technically competent but also a clear and upbeat communicator.

Creative: Being creative means that when things fall outside clear scopes or processes or problems arise without clear solutions, you are able to identify it as well as invent ways to solve a problem or fill a need without micromanagement. The successful person in this job will not only be creative, but also enjoy being creative and solving open-ended problems which may change day-by-day.

Detail-oriented: This focus is a big part of excellence, consistency, and quality. Excellent grammar and spelling matter for both good communication as well as the image of the company that we put forward.

About Oklo compensation:

Salary: $150,000-$175,000

Salary may fall outside of the range provided and will be dependent on applicant experience.

Oklo offers flexible time off, equity, competitive pay, 401k, health insurance, FSA, flexible work hours, and other benefits.

About Oklo Inc.: Oklo is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

Oklo is a California-based company developing clean energy plants to provide emission-free, reliable, and affordable energy using advanced fission. Oklo is a fast-growing startup with a history of reliable funding and milestones for more than 5 years. Oklo's first product is a microgrid scale powerhouse. The powerhouse can produce clean energy for decades without needing to refuel, and also has the capability to turn nuclear waste into clean energy.

Oklo received a Site Use Permit from the U.S Department of Energy, demonstrated fabrication of its fuel, was awarded fuel from the Idaho National Laboratory, and submitted the first accepted advanced fission license application to the regulator.

Oklo has been featured in Popular Mechanics, Wired, Architectural Digest, Hyperallergic, POWER Magazine, has been the subject of a Harvard Business School case, and was featured in the documentary The New Fire, among many other features.