Senior FP&A Analyst - Engineering & Product

Lambda, The Superintelligence Cloud, is a leader in AI cloud infrastructure serving tens of thousands of customers. Our customers range from AI researchers to enterprises and hyperscalers. Lambda's mission is to make compute as ubiquitous as electricity and give everyone the power of superintelligence. One person, one GPU.If you'd like to build the world's best AI cloud, join us.

* Note:

This position requires presence in our San Francisco or San Jose office location 4 days per week;
Lambda's designated work from home day is currently Tuesday.

What You'll DoProject Spend, Internal Capacity & Fleet Optimization Own project-level budgets, spend tracking, and cost-to-complete forecasts for Engineering and Product initiatives

Quantify internal capacity consumption across development, testing, and benchmarking; build and maintain allocation and chargeback methodology

Partner with Infrastructure and Engineering on fleet optimization, including utilization, idle capacity, instance mix, and reclamation opportunities

Translate optimization opportunities into quantified savings and track realization against target

Product Investment ROI & R&D Analysis Build business cases and ROI models for product and R&D investments

Establish post-investment measurement; track realized returns against the original underwriting

Analyze R&D spend by initiative and support capitalization analysis with Accounting Provide prioritization frameworks and trade-off analysis for competing investment requests

New Product Introduction (NPI) Management Serve as the finance partner across the NPI lifecycle, from concept through launch and ramp Model pricing, unit economics, margin, and volume assumptions for new offerings

Own stage-gate financial deliverables and launch readiness criteria

Track post-launch performance against the launch case and inform go/no-go and scaling decisions

Engineering & Product Headcount and OpEx Management (BvA)
Own OpEx and headcount planning, tracking, and reporting for the Engineering, Product, and Cloud Services organizations

Maintain hiring plans, compensation assumptions, and organizational change tracking against approved headcount

Prepare monthly and quarterly budget vs. actual analysis, identify key drivers, and partner with Engineering and Product leaders to explain performance

Manage vendor, software, and tooling spend; support accrual and reclassification inputs with Accounting through the monthly close

Cash Flow Forecasting Build and maintain the operating cash flow forecast model, including timing of vendor payments, capacity commitments, and project spend

Own the rolling near-term cash view; reconcile forecast to actuals and explain variances

Model scenarios around deployment timing, payment terms, and financing structures

Partner with Accounting and Treasury on payables timing, prepaids, and commitment schedules

Executive Reporting & Communication Deliver Cloud Services, Engineering, and Product insights for monthly business reviews, executive reviews, and board materials

Translate complex technical and operational data into clear financial insight

Provide actionable recommendations on cost efficiency, investment prioritization, and margin improvement

YouHave a bachelor's degree in Finance, Accounting, Economics, or a related field

Have 4+ years experience in FP&A, corporate finance, investment banking, or consulting, ideally with a focus on Cloud / AI infrastructure, SaaS, Data centers, Telecom, Hardware, or industrials

Have direct experience partnering with Engineering or Product organizations on budget, roadmap, and investment decisions

Possess extensive experience in financial modeling and analysis, with a deep expertise in constructing complex financial models and interpreting financial statements…