Commonwealth Fusion Systems

Director, Project Development

Commonwealth Fusion Systems

full-time

Posted on:

Location Type: Hybrid

Location: Devens • United States

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Salary

💰 $170,000 - $250,000 per year

Job Level

Lead

About the role

  • Overseeing a team of internal resources as well as third party consultants, advisors, engineers and lawyers to obtain all permits, contracts and entitlements necessary to begin site preparation and construction activities
  • Maintain project schedule and budget information utilizing industry standard project management techniques and strategies to plan and monitor work. Develop appropriate recovery plans in the event of potential shortfalls
  • Establish a center of excellence for project development including objectives and key results, performance metrics and documented best practices and lessons learned with the intent of creating a replicable playbook for future development
  • Drive process improvements and, where applicable, drive the development of tools and/or department or division policies.
  • Develop a diligence log to keep accurate information on all aspects of the project
  • Develop and maintain a repository of potential sites and partners for future ARC development
  • Maintain an inventory of commitments and obligations during the development phase and confirm positive receipt by appropriate persons in the Environmental, Health, Safety, and Security (EHSS) and Construction teams
  • Work with legal and compliance teams to ensure compliance with all relevant and applicable requirements, standards, and laws
  • Support technical due diligence on potential and selected sites, ensuring appropriate rigor and documentation of key risks and decisions
  • Create long-term projection of revenues and expenses with a proforma to be utilized in obtaining financing and making a financial investment decision for project equity investors
  • Proactively detect and mitigate key risks to the project, escalating emergent risks when appropriate in a timely manner
  • Facilitate and lead the development of creative solutions to potentially blocking issues
  • Work collaboratively with local consultants and contractors to adapt to requirements from various authorities having jurisdiction (AHJ) for the project(s)
  • Maintain familiarity with current and upcoming Policies and Programs that could affect or facilitate fusion power plant siting
  • Expand flexibility for the design and construction teams throughout the development phase by managing and deferring potentially constraining design decisions.
  • Work closely with ARC design team to support site specific design changes to the standard ARC power plant design
  • Model and promote CFS Core values of Execution, Self-Critique, Impact, and Integrity
  • Organize, recruit, and lead an effective project development team composing of both direct reports and matrixed professionals focused on delivering fusion power projects in the fastest and most affordable way possible
  • Conduct assessment of external affairs and participate in industry conferences and forums to advocate for policies supportive of fusion technology.
  • Facilitate and lead a cross functional group of internal stakeholders, consultants, and contractors
  • Coordinate due diligence activities with other internal groups to ensure proper analysis and structuring of assigned projects
  • Serve as CFS’ subject matter expert on project development and represent the company professionally with integrity to stakeholders and approval authorities
  • Provide periodic updates on progress to a varied set of internal stakeholders ranging from peer teams to the board of directors
  • Fulfill duties as contract manager/owner for all consultants supporting project development
  • Act as liaison between internal and external specialists regarding procurement, contracting, permitting and interconnection
  • Serve as an ambassador of CFS and fusion energy to key stakeholders including, but not limited to the community, local and regional governments, and AHJs
  • Utilizes commercial expertise to solidify commercial agreements and lead negotiations with integrity, creativity, and a commercial mindset
  • Promotes safe behavior, in accordance with Company expectations, and adherence to the safety rules on the project
  • Develop and implement corporate compliance policies to be utilized while developing the project and interfacing with public officials
  • Working closely with Government Affairs, develop engagement strategies for key stakeholders to produce positive outcomes for CFS
  • Develop, track and mitigate key risks associated with ARC project development
  • Participate in future ARC siting activities addressing items such as technical feasibility, planning, and permitting risks.
  • Establish relationships with potential third-party developers and key policy makers to promote a strategy for future incorporation of fusion technology
  • Support other teams, including Government Affairs and other Commercial Teams, as required to support the needs of the business
  • Maintain a value driven mindset to advance multiple streams of value including financial value, option value, and audience value to improve CFS’s overall value proposition
  • Work with and support corporate development, finance, and commercial organizations on activities related to financing and investment of the projects
  • Work closely with Environmental Health Safety Security (EHSS) to ensure required licensing is accomplished on schedule
  • Work with the ARC design team to identify opportunities to improve the design, development, and construction processes

Requirements

  • Bachelor’s Degree preferably in Engineering, Engineering Technologies, Business, Finance, Economics, Math, Physics or a related field **OR **>10 years of progressive experience developing large scale energy projects
  • 5+ years of large capital project development and investment
  • A minimum 5 years project management experience
  • Demonstrated cross-functional project leadership experience, team performance skills, service mindset approach, and the ability to act as a trusted advisor
  • MS Excel - Proficiency
  • MS Power Point - Proficiency
  • MS Project or P-6 Primavera - Proficiency
  • Deep knowledge of project development and project management practices across a wide range of domains including project finance, permitting, electrical interconnection
  • Experience in successfully achieving FID or financing of a major project (greater than $50 mm financing)
  • Proven and demonstrated success leading a cross-company, multi-function enterprise team through a large, complex project
  • Sufficient technical aptitude to rapidly learn fundamental concepts of fusion power plants
  • Ability to deliver presentations to a range of external audiences in a sincere and personable manner, adhering to company talking points and messaging.
  • Demonstrated ability to consensus build, appropriately balance competing functional drivers and effectively communicate complex topics
  • Demonstrated project management capabilities with proven ability to prioritize multiple projects and/or issues with conflicting deadlines and/or business unit drivers
  • Demonstrate a reliable and persistent work ethic, seeing tasks through to completion. Stays determined in the face of uncertainty and failure
  • Adaptability to a start-up environment, capability to take initiative, develop own tasks and timelines, and solve broad, ambiguous problems.
  • Comfort and capability making judgment calls that are fundamental to the success of entire projects or major initiatives
  • Proven writing and communication ability, and consistent quality of work appropriate for preparing material for a broad external audience
  • Can respectfully challenge senior leadership with a well-reasoned and data-supported argument.
Benefits
  • Competitive compensation with equity
  • 12.5 Company-wide Holidays
  • Flexible vacation days
  • 10 sick days
  • Generous parental leave policy
  • Health, dental, and vision insurance
  • 401(k) with employer matching
  • Professional growth opportunities
  • Team-building activities
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
project managementproject financepermittingelectrical interconnectionfinancial investmentrisk managementdue diligencesite preparationconstruction activitiesfusion power plant design
Soft Skills
cross-functional leadershipteam performanceservice mindsettrusted advisorpresentation skillsconsensus buildingcommunicationadaptabilityproblem-solvingwork ethic