Posting Title
Financial Analyst III/IV - Lab Support
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Location
CO - Golden
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Position Type
Regular
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Hours Per Week
40
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Working at NREL
The National Renewable Energy Laboratory (NREL), located at the foothills of the Rocky Mountains in Golden, Colorado is the nation's primary laboratory for research and development of renewable energy and energy efficiency technologies.
From day one at NREL, you’ll connect with coworkers driven by the same mission to save the planet. By joining an organization that values a supportive, inclusive, and flexible work environment, you’ll have the opportunity to engage through our ten employee resource groups, numerous employee-driven clubs, and learning and professional development classes.
NREL supports inclusive, diverse, and unbiased hiring practices that promote creativity and innovation. By collaborating with organizations that focus on diverse talent pools, reaching out to underrepresented demographics, and providing an inclusive application and interview process, our Talent Acquisition team aims to hear all voices equally. We strive to attract a highly diverse workforce and create a culture where every employee feels welcomed and respected and they can be their authentic selves.
Our planet needs us! Learn about NREL’s critical objectives, and see how NREL is focused on saving the planet.
Note: Research suggests that potential job seekers may self-select out of opportunities if they don't meet 100% of the job requirements. We encourage anyone who is interested in this opportunity to apply. We seek dedicated people who believe they have the skills and ambition to succeed at NREL to apply for this role.
Job Description
Provide financial management support to the Chief Financial Officer and other laboratory business leaders, program managers, project managers, and other NREL staff. Work within a dynamic Chief Financial Officer (CFO) organization closely collaborating with other financial analysts and managers in other groups to solve complex financial planning, programming, budgeting, and execution tasks, as well as improve institutional processes.
Budget Formulation and Planning:
- Support the annual NREL financial planning process by assisting NREL program, project and/or center leaders with the formulation of financial estimates and impacts, and the development of the annual indirect cost rate proposal.
- Provide support to business leaders to formulate budget requirements and assess affordability.
- Review and approve new proposals and prepare the corresponding cash flow analysis for DOE Funding Opportunity Announcements (FOAs) and Strategic Partnership Projects
- Monitor and evaluate reasonableness and accuracy of financial plans and coordinate needed updates.
- Identify risks, issues and needed actions to leaders.
Funds Allocations and Analysis:
- Coordinate the allocation of funding or budgets with applicable business leaders.
- Perform cash flow analysis to determine funding needs for successful project execution.
Project/Budget Execution:
- Develop monthly financial performance reports for assigned programs, projects, and centers.
- Perform plan to actual variance analyses and discuss issues and necessary actions with applicable leaders.
- Communicate financial planning requirements and deadlines to all customers.
Finance Policies and Procedures:
- Provide financial guidance to assigned programs, projects and centers including assessments on the allowability of cost in accordance with Cost Accounting Standards, FAR Part 31, DOE Prime Contract terms, and the agreed scope of work.
- Support Laboratory policies, laws, and regulations by assisting program, project and center staff in their understanding of financial management responsibilities.
Financial Administration:
- Maintain updates to cost breakdown structures using the Oracle Project Accounting system.
- Create, support, monitor, and update various time-phased budget plans.
- Assist the assigned Center/Office directors, task leaders, and service center managers with financial management, budget development and formulation, budget execution, proposal pricing, budget monitoring and understanding cost reports.
- Execute and/or approve expense transfer or funding-related transactions in Oracle EBS.
- Monitor, track and analyze components of the Lab’s overhead rate structure.
- Identify creative solutions for effective cost recovery that are compliant with Cost Accounting Standards
- Other finance related duties
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Basic Qualifications
Relevant Bachelor's Degree and 9 or more years of experience or equivalent relevant
education/experience. Or, relevant Master's Degree and 7 or more years of experience or equivalent relevant
education/experience. Or, relevant PhD and 4 or more years of experience or equivalent relevant
education/experience. Or, relevant JD and 4 or more years of experience or equivalent relevant
education/experience. Applies extensive technical expertise, and has full knowledge of other related disciplines. Contributes to the development of new concepts, techniques and standards. Considered internal subject matter expert. Extensive knowledge of laws, regulations, principles, procedures and practices related to specific field. Excellent leadership, project management and problem solving skills. Ability to use various computer software programs.
* Must meet educational requirements prior to employment start date.
Additional Required Qualifications
- Knowledge of financial principles, theories, and concepts. General knowledge of other related disciplines.
- General knowledge of laws, regulations, principles, procedures, and practices related to finance.
- Strong leadership, critical thinking, project management, communication, and problem-solving skills.
- Ability to use various computer software programs. Strong Microsoft Excel skills.
- Understanding of relational database/data warehouse query/retrieval skills.
Eligibility requirements: This position will require access to Controlled Unclassified Information // No foreign dissemination (CUI//NOFORN) and only applicants that are US Citizens at the time of application will be considered in accordance with DOE O 471.7, Controlled Unclassified Information.
Preferred Qualifications
- Prior government contractor experience.
- Prior experience with the development of overhead rates or cost recovery structures.
- Working knowledge of Hyperion/Essbase, Oracle Projects, Microsoft Power BI, and Oracle Business Intelligence.
- Intermediate understanding of cost allocations, indirect rates, Cost Accounting Standards, and the Department of Energy budgetary process.
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Job Application Submission Window
The anticipated closing window for application submission is up to 30 days and may be extended as needed.
Annual Salary Range (based on full-time 40 hours per week)
Job Profile: Professional IV / Annual Salary Range: $79,600 - $143,300Job Profile: Professional III / Annual Salary Range: $73,200 - $120,800
NREL takes into consideration a candidate’s education, training, and experience, expected quality and quantity of work, required travel (if any), external market and internal value, including seniority and merit systems, and internal pay alignment when determining the salary level for potential new employees. In compliance with the Colorado Equal Pay for Equal Work Act, a potential new employee’s salary history will not be used in compensation decisions.
Benefits Summary
Benefits include medical, dental, and vision insurance; short*- and long-term disability insurance; pension benefits*; 403(b) Employee Savings Plan with employer match*; life and accidental death and dismemberment (AD&D) insurance; personal time off (PTO) and sick leave; paid holidays; and tuition reimbursement*. NREL employees may be eligible for, but are not guaranteed, performance-, merit-, and achievement- based awards that include a monetary component. Some positions may be eligible for relocation expense reimbursement. Limited-term positions are not eligible for long-term disability or tuition reimbursement.
* Based on eligibility rules
Drug Free Workplace
NREL is committed to maintaining a drug-free workplace in accordance with the federal Drug-Free Workplace Act and complies with federal laws prohibiting the possession and use of illegal drugs. Under federal law, marijuana remains an illegal drug.
If you are offered employment at NREL, you must pass a pre-employment drug test prior to commencing employment. Unless prohibited by state or local law, the pre-employment drug test will include marijuana. If you test positive on the pre-employment drug test, your offer of employment may be withdrawn.
Submission Guidelines
Please note that in order to be considered an applicant for any position at NREL you must submit an application form for each position for which you believe you are qualified. Applications are not kept on file for future positions. Please include a cover letter and resume with each position application.
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EEO Policy
NREL is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard basis of age (40 and over), color, disability, gender identity, genetic information, marital status, domestic partner status, military or veteran status, national origin/ancestry, race, religion, creed, sex (including pregnancy, childbirth, breastfeeding), sexual orientation, and any other applicable status protected by federal, state, or local laws.
EEO is the Law | Pay Transparency Nondiscrimination | Reasonable Accommodations
E-Verify www.dhs.gov/E-Verify For information about right to work, click here for English orhere for Spanish.
E-Verify is a registered trademark of the U.S. Department of Homeland Security. This business uses E-Verify in its hiring practices to achieve a lawful workforce.
