PsiQuantum Logo

PsiQuantum

Senior Finance Manager, Capital Planning & Management

Reposted 3 Days Ago
Be an Early Applicant
In-Office
Chicago, IL, USA
155K-178K Annually
Senior level
In-Office
Chicago, IL, USA
155K-178K Annually
Senior level
The Senior Finance Manager will oversee capital planning and financial management for advanced hardware projects, ensuring compliance and providing financial insights in a dynamic environment.
The summary above was generated by AI

PsiQuantum’s mission is to build the first useful quantum computers—machines capable of delivering the breakthroughs the field has long promised. Since our founding in 2016, our singular focus has been to build and deploy million-qubit, fault-tolerant quantum systems. 

Quantum computers harness the laws of quantum mechanics to solve problems that even the most advanced supercomputers or AI systems will never reach. Their impact will span energy, pharmaceuticals, finance, agriculture, transportation, materials, and other foundational industries. 

Our architecture and approach is based on silicon photonics. By leveraging the advanced semiconductor manufacturing industry—including partners like GlobalFoundries—we use the same high-volume processes that already produce billions of chips for telecom and consumer electronics. Photonics offers natural advantages for scale: photons don’t feel heat, are immune to electromagnetic interference, and integrate with existing cryogenic cooling and standard fiber-optic infrastructure. 

In 2024, PsiQuantum announced government-funded projects to support the build-out of our first utility-scale quantum computers in Brisbane, Australia, and Chicago, Illinois. These initiatives reflect a growing recognition that quantum computing will be strategically and economically defining—and that now is the time to scale. 

PsiQuantum also develops the algorithms and software needed to make these systems commercially valuable. Our application, software, and industry teams work directly with leading Fortune 500 companies—including Lockheed Martin, Mercedes-Benz, Boehringer Ingelheim, and Mitsubishi Chemical—to prepare quantum solutions for real-world impact. 

Quantum computing is not an extension of classical computing. It represents a fundamental shift—and a path to mastering challenges that cannot be solved any other way. The potential is enormous, and we have a clear path to make it real. 

Come join us. 

Job Summary:

We are seeking a Senior Finance Manager in the FP&A team with experience supporting capital-intensive, advanced hardware businesses in a startup or high-growth environment. This role is ideal for a finance leader who thrives in ambiguity, operates with a proactive, builder mindset, and can establish scalable capital planning processes, controls, and financial discipline while maintaining flexibility as the business evolves.

This individual contributor role partners with Engineering/R&D, Operations, Facilities, IT, and Accounting to provide financial leadership across high-value capital expenditures, complex equipment purchases, and large-scale facility and lab projects. 

Role will require candidate to have on-site flexibility to work in Palo Alto and Milpitas offices as situation requires.

Responsibilities:

Capital Planning, Controls & Governance

  • Design and own capital planning frameworks, including approval workflows, funding governance, and prioritization models appropriate for a startup or scaling environment.
  • Establish and continuously improve controls, processes, and structure around capital requests, project approvals, and spend tracking while balancing speed and rigor.
  • Develop capital authorization policies and ensure compliance as the organization grows.

Capital Expenditures & Project Finance

  • Lead FP&A for large-scale capital investments related to semiconductor equipment, advanced computing systems, R&D labs, and specialized facilities.
  • Partner with R&D to evaluate investments in building the world's first useful quantum computer, including tooling, test equipment, cryogenic systems, and supporting infrastructure.
  • Build and maintain robust tracking and scenario models for long-cycle, high-risk technology investments.
  • Own short- and long-range capex forecasting, adjusting plans dynamically as priorities evolve.

Purchase Orders & Spend Tracking

  • Oversee purchase order creation, approvals, and commitment tracking for multi-vendor, long lead-time equipment and construction projects.
  • Implement scalable methods to track committed vs. actual spend, progress payments, and milestone-based billing.
  • Proactively identify risks, overruns, and timing issues and partner with stakeholders on mitigation plans.

Accounting & Financial Close Support

  • Serve as a key finance partner to Accounting on capitalization, depreciation, construction-in-progress (CIP), asset lives, and impairment for advanced hardware and facilities.
  • Ensure appropriate accounting treatment for tooling, wafers, masks, prototypes, pilot lines, lab equipment, cryogenic infrastructure, and specialized software.
  • Support month-end and quarter-end close activities related to fixed assets and project accounting in accordance with US GAAP.

FP&A & Strategic Business Partnership

  • Act as a trusted, hands-on finance partner to leadership in a fast-moving startup environment, providing clear insights despite incomplete data.
  • Translate technically complex project and engineering inputs into executive-ready financial summaries.
  • Balance long-term technology bets with near-term cash management and funding constraints.

Systems, Tools & Process Improvement

  • Leverage NetSuite or comparable ERP and project accounting tools to support high-value capital projects.
  • Lead process improvements and system enhancements for fixed assets, CIP, and project tracking as the organization scales.
  • Build financial infrastructure that can evolve from early-stage to more mature operations.

Experience/Qualifications:

Required

  • 8+ years of experience in FP&A, corporate finance, or capital-focused finance roles.
  • Experience in semiconductor, advanced hardware, electronics, or similarly capital-intensive industries.
  • Strong understanding of capital expenditure accounting, fixed assets, CIP, and long-lived assets.
  • Hands-on experience with NetSuite or comparable ERP systems.
  • Advanced financial modeling and analytical skills.
  • Ability to work independently, prioritize effectively, and drive initiatives forward with limited direction.

Preferred

  • MBA preferred.
  • Experience scaling financial controls and governance alongside rapid organizational growth.

Key Competencies

  • Builder mindset with strong ownership mentality.
  • Comfort with ambiguity and evolving priorities.
  • Proactive problem-solving and bias toward action.
  • Strategic capital allocation and financial rigor.
  • Strong cross-functional collaboration with technical teams.
  • Ability to balance flexibility with discipline and control.

PsiQuantum provides equal employment opportunity for all applicants and employees. PsiQuantum does not unlawfully discriminate on the basis of race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), gender identity, gender expression, national origin, ancestry, citizenship, age, physical or mental disability, military or veteran status, marital status, domestic partner status, sexual orientation, genetic information, or any other basis protected by applicable laws.

Note: PsiQuantum will only reach out to you using an official PsiQuantum email address and will never ask you for bank account information as part of the interview process. Please report any suspicious activity to [email protected].

We are not accepting unsolicited resumes from employment agencies.

The ranges below reflect the target ranges for a new hire base salary. One is for the Bay Area (within 50 miles of HQ, Palo Alto), the second one (if applicable) is for elsewhere in the US (beyond 50 miles of HQ, Palo Alto). If there is only one range, it is for the specific location of where the position will be located. Actual compensation may vary outside of these ranges and is dependent on various factors including but not limited to a candidate's qualifications including relevant education and training, competencies, experience, geographic location, and business needs. Base pay is only one part of the total compensation package. Full time roles are eligible for equity and benefits. Base pay is subject to change and may be modified in the future.

U.S. Base Pay Range
$155,000$178,000 USD
Bay Area Pay Range
$195,000$205,000 USD

Similar Jobs

An Hour Ago
Hybrid
Chicago, IL, USA
128K-209K Annually
Senior level
128K-209K Annually
Senior level
Artificial Intelligence • Cloud • Internet of Things • Software • Cybersecurity • Industrial
The Lead Frontend Engineer will design and develop tablet-first applications for autonomous systems, oversee frontend architecture, optimize performance, and lead cross-team collaboration.
Top Skills: AngularAWSAzureCapacitorGCPIonicJavaScriptNgrxNode.jsRxjsThree.JsTypescriptWebgl
An Hour Ago
Hybrid
113K-183K Annually
Senior level
113K-183K Annually
Senior level
Artificial Intelligence • Cloud • Internet of Things • Software • Cybersecurity • Industrial
Design, deploy, operate, and monitor enterprise data center network solutions (Cisco ACI, Nexus, Radware load balancers). Support projects across regions, provide technical guidance, enforce security/operational best practices, participate in 24x7 on-call rotation, and troubleshoot complex data center network issues to ensure reliability and scalability.
Top Skills: Application Delivery Controller (Adc)CcnaCisco AciCisco NexusData Center NetworkingFirewallsNx-OsRadware AlteonRadware Load BalancerRoutersSpine-Leaf ArchitecturesSwitches
An Hour Ago
Hybrid
148K-222K Annually
Mid level
148K-222K Annually
Mid level
Artificial Intelligence • Cloud • Internet of Things • Software • Cybersecurity • Industrial
The Direct Procurement IT Solution Lead partners with stakeholders to deliver technology solutions for procurement, focusing on business analysis, data integration, and solution design.
Top Skills: GenaiPower BISnowflake

What you need to know about the Chicago Tech Scene

With vibrant neighborhoods, great food and more affordable housing than either coast, Chicago might be the most liveable major tech hub. It is the birthplace of modern commodities and futures trading, a national hub for logistics and commerce, and home to the American Medical Association and the American Bar Association. This diverse blend of industry influences has helped Chicago emerge as a major player in verticals like fintech, biotechnology, legal tech, e-commerce and logistics technology. It’s also a major hiring center for tech companies on both coasts.

Key Facts About Chicago Tech

  • Number of Tech Workers: 245,800; 5.2% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: McDonald’s, John Deere, Boeing, Morningstar
  • Key Industries: Artificial intelligence, biotechnology, fintech, software, logistics technology
  • Funding Landscape: $2.5 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Pritzker Group Venture Capital, Arch Venture Partners, MATH Venture Partners, Jump Capital, Hyde Park Venture Partners
  • Research Centers and Universities: Northwestern University, University of Chicago, University of Illinois Urbana-Champaign, Illinois Institute of Technology, Argonne National Laboratory, Fermi National Accelerator Laboratory

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account