Senior FP&A Analyst - Engineering & Product

The role

This person will manage project budgets, spend tracking, and cost-to-complete forecasts for Engineering and Product initiatives. They will also build ROI models for R&D investments and manage headcount and OpEx planning.

What you will do

• Own project-level budgets, spend tracking, and cost-to-complete forecasts
• Quantify internal capacity consumption and build allocation methodology
• Partner with Infrastructure and Engineering on fleet optimization
• Build business cases and ROI models for product and R&D investments
• Analyze R&D spend and support capitalization analysis
• Serve as finance partner across the NPI lifecycle
• Model pricing, unit economics, margin, and volume for new offerings
• Own OpEx and headcount planning for Engineering, Product, and Cloud Services
• Build and maintain the operating cash flow forecast model
• Deliver insights for monthly business reviews, executive reviews, and board materials

Required qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• 4+ years experience in FP&A, corporate finance, investment banking, or consulting
• Direct experience partnering with Engineering or Product organizations on budget, roadmap, and investment decisions
• Extensive experience in financial modeling and analysis
• Strong Excel skills
• Experience with financial software systems
• Excellent written and verbal communication skills

Nice to have

• Prior experience in a startup or high-growth organization
• Direct experience building or owning a cash flow forecast
• Experience with R&D capitalization, new product introduction, or product P&L ownership
• Working proficiency in SQL and comfort querying large data sets directly
• Familiarity with GPU compute, AI/ML workloads, or cloud infrastructure economics

Benefits

• Generous cash & equity compensation
• Health, dental, and vision coverage for you and your dependents
• Wellness and commuter stipends for select roles
• 401k Plan with 2% company match (USA employees)
• Flexible paid time off plan

About the company

Lambda is a leader in AI cloud infrastructure serving tens of thousands of customers. Founded in 2012, the company has 500+ employees and is growing fast.