Senior Finance Manager, Capital Planning & Management

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

Additional Information

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.

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