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Scotts Valley, California, United States
Onsite
Heron Power is a startup building cutting-edge power electronics for the 21st-century grid. We aim to debottleneck the growth of electricity generation and consumption with scalable, innovative, and cost-effective hardware solutions, accelerating the electrification of everything.
Our first goal is to build better converters (inverters & rectifiers) to connect large-scale renewables, storage, and loads to the grid. Heron’s leadership team is made up of seasoned veterans who have designed and shipped gigawatts of power conversion products.
We believe no one person knows everything. We learn together, build together, and solve hard problems from first principles. You’ll work in a fast-moving, deeply technical environment where ownership and impact are real.
We are seeking a Senior Corporate Finance Manager to own corporate finance at Heron Power. Reporting to the VP of Finance & Operations, you will own the company's financial model and forecast, lead board and investor reporting, and support execution on equity and debt financings as Heron scales from R&D into mass production and customer deployments. Working alongside business-facing finance colleagues, you will consolidate inputs from all areas of Heron and guide major capital allocation decisions.
Model, Forecast & Planning
• Own Heron Power's integrated three-statement operating model end to end, including sales & gross margin, opex, capex, working capital, and financing, and keep it current as the business dynamically evolves
• Run the annual planning process and quarterly reforecasts, maintaining both a long-term investor model and short-term cash forecast
• Create and lead the Sales & Operations Planning (S&OP) cycle with Commercial, Supply Chain, and Manufacturing, translating the demand pipeline and delivery schedule into inventory and working capital decisions
Reporting, BvA & KPIs
• Own monthly management reporting and budget vs. actuals in partnership with the Controller, explaining drivers of variances and improving forecast accuracy over time
• Build and maintain the company metrics and KPI dashboard (e.g. bookings, backlog, unit cost, burn, yield & quality, margins, cash runway) so leadership has one trusted view of performance
• Lean into modern AI tools and agents to automate reporting and shorten the cycle from close to insight
Capital Markets
• Support equity fundraising end to end: investor targeting, pitch and model materials, data room, diligence, and coordination with counsel through close
• Manage debt and structured financing workstreams, including venture debt, asset-based lending, and revolving credit facilities: lender outreach, term sheet analysis & negotiations, and documentation
• Own covenant compliance, lender reporting, and borrowing base calculations for existing and future facilities
Board & Investor Relations
• Prepare quarterly board materials and investor updates, including financial results, forecasts, and the narrative around the numbers
• Serve as the day-to-day point of contact for existing investors for managing information requests and ongoing communication
We have a short list of must-have requirements. We prioritize a strong grip on first principles, hands-on skills, and a sense of initiative. Domain-specific knowledge and experience will help determine the career level for each hire.
· Bachelor's degree in Finance, Economics, Accounting, or a related field
· 4-7 years across investment banking, private equity, corporate development, or corporate finance/FP&A in a high-growth, venture backed company
· Built and owned an integrated three-statement model used to run a business, and can defend it under board and investor scrutiny
· Hands-on experience executing equity or debt financings, including materials, diligence, and working with investors, lenders, and counsel through close
· Comfort reading and interpreting term sheets, credit agreements, and financing documents
· Investor-grade communication: has prepared board decks, fundraising materials, or investor updates alongside a CEO or CFO
· Advanced financial modeling skills, plus comfort working with ERP data and AI tools
· Experience in hardware, manufacturing, or other capital-intensive businesses
· Experience with asset-based lending, working capital facilities, or project finance
· Familiarity with inventory planning and S&OP processes
· Background in power electronics, energy, or climate tech
If you are passionate about technology and enjoy working in a fast-paced environment, we would love to hear from you. Join us in accelerating the electrification of everything at Heron Power.
Heron Power provides competitive compensation (salary and equity) and benefits. The salary for this role ranges from $170,000 to $190,000 per year.
