Cost Management Analyst

Fuse Energy, LLC; Greater London; Hybrid; GBP 50,000 - 80,000; Full time

Benefits offered by this job

Biannual bonus

Fully expensed tech

Private health insurance

Breakfast and dinner allowance

Equity eligibility

Job summary

Fuse Energy, LLC is seeking a Cost Management Analyst to own cost lines linked to the P&L, reconcile invoices against contracts, and build real-time trackers that reveal cost drivers. You will defend numbers, identify savings, and support supplier negotiations in a fast-paced energy startup.

The role emphasizes first-principles thinking, analytical rigor, and hands-on optimization of procurement and operational spend across the business.

Qualifications

• Very strong first-principles thinking; understand cost drivers before reducing them.
• Proficient in financial modelling and scenario analysis.
• Advanced Excel skills for cost tracking and reporting.
• Analytical, structured, proactive in identifying discrepancies and savings.

Responsibilities

• Own cost lines with direct impact to P&L; ensure margins reflect cost control.
• Reconcile invoices with contracts; flag discrepancies before write-offs.
• Build trackers for real-time visibility into cost drivers; surface issues quickly.
• Validate energy invoices and third-party fees against internal accruals and variances.
• Dig into cost lines, contracts, and vendor relations to find savings and justify findings.
• Assist negotiations with suppliers by providing cost and usage data behind requests.
• Automate repetitive cost-tracking and reconciliation tasks to free up judgment work.

Skills

First-principles thinking

Financial modelling

Excel

Analytical skills

Tools

Python

SQL

Job description

Fuse Energy is an energy startup on a mission to make energy abundant and affordable, fast. We combine first-principles thinking with cutting-edge technology to build a radically better energy system.

We've raised over $200M from top-tier investors including Balderton, Lakestar, Accel, Creandum, Lowercarbon, Ribbit, 20VC, Hummingbird and Collaborative Fund, alongside strategic angels including Nico Rosberg and GPs behind Meta, Revolut, Spotify and Uber.

We're building a fully integrated energy company: developing our own solar, batteries and other generation projects, building our own hardware, improving and developing grid infrastructure, trading power in real time, using AI across the business, and installing distributed energy in homes. By selling directly to consumers we cut out the middleman, lower costs and pass the savings on to our customers.

Cost is a first-order lever at Fuse, and this is one of the highest-impact roles at your level: every pound you catch, question or renegotiate flows straight to the bottom line. As a Cost Management Analyst you'll sit inside the team that owns cost control across the business, from supplier invoices to settlement charges to contract terms. This is not a back-office role: you'll find real savings, defend your numbers and change how the business spends money.

Responsibilities

• Own cost lines with a direct, visible line to the P&L: what you catch or miss shows up in reported margin
• Reconcile invoices against contracts and purchase terms across suppliers, catching discrepancies before they become write-offs
• Build and maintain trackers that give real-time visibility into cost drivers, so issues surface in days, not at quarter close
• Validate settlement and regulatory charges (energy market invoices, third-party fees) against internal accruals and flag variances
• Dig into specific cost lines, contracts or vendor relationships to find savings, then build the analysis to make the case
• Support negotiations with suppliers and partners by preparing the cost and usage data behind the ask
• Automate the manual, repetitive parts of cost tracking and reconciliation so the team's time goes toward judgement calls

• Very strong first-principles thinking: you want to understand why a cost exists before you try to reduce it
• Comfortable in a fast, ambiguous, high-intensity environment
• Analytical, structured and proactive: someone who chases down discrepancies rather than waiting for them to be explained
• Strong Excel and financial modelling skills
• A genuine interest in cost control, procurement, or operational finance
• Bonus: Prior experience in banking, consulting, accounting, procurement or a startup finance team; exposure to contract or invoice reconciliation, vendor management or process automation; coding skills (Python, SQL or similar) for building cost-tracking tools

• Competitive salary and eligibility for equity
• Biannual bonus scheme
• Fully expensed tech to match your needs
• Private health insurance
• Breakfast and dinner allowance for office-based employees

As we hire globally, benefits vary by location.