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Financial Analyst III/IV - Lab Support

The National Renewable Energy Laboratory (NREL)
Golden, CO Full Time
POSTED ON 2/25/2025
AVAILABLE BEFORE 5/18/2025

Posting Title

Financial Analyst III / IV - Lab Support

Location

CO - Golden

Position Type

Regular

Hours Per Week

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.

Join a team of world-class scientists, engineers, and visionaries dedicated to shaping the world's energy future through cutting-edge research and innovation. From our vision to our NREL community, we are unique in the research community. We are focused on impact. From our work in basic sciences to systems engineering, analysis, demonstration, and deployment, we are focused on solving market-relevant problems that result in advanced, secure, reliable, and affordable energy systems. We are trusted clean energy leaders, developing cost-saving solutions that make U.S. industries more competitive, and support job creation and economic growth across rural and urban communities.

At NREL, we offer a unique, mission-driven work environment with cutting-edge facilities and multidisciplinary research teams. NREL's environment offers strong partnerships with industry, academia, and other national laboratories, as well as professional development opportunities and a competitive benefits package for employees.

Learn about NREL's critical objectives : NREL's Mission and Vision.

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
  • Basic Qualifications

    Level III-

    Relevant Bachelor's Degree and 5 or more years of experience or equivalent relevant education / experience. Or, relevant Master's Degree and 3 or more years of experience or equivalent relevant education / experience. Or, relevant PhD or equivalent relevant education / experience. Or, relevant JD or equivalent relevant education / experience.

    Level IV-

    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.

    We strongly recommend in your cover letter to please share with us how you have applied financial guidance and compliance best practices across your current or prior institutions.

  • Must meet educational requirements prior to employment start date.
  • Additional Required Qualifications

    Level III-

  • 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.
  • Level IV-

  • The above plus complete understanding and wide application of technical principles, theories and concepts in the field.
  • Understanding of cost allocations, indirect rates, and Cost Accounting Standards.
  • Familiarity working with overhead rates or cost recovery structures.
  • 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.
  • 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 : $81,500 - $146,700

    Job Profile : Professional III / Annual Salary Range : $74,900 - $123,600

    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
  • Badging Requirement

    NREL is subject to Department of Energy (DOE) access restrictions. All employees must also be able to obtain and maintain a federal Personal Identity Verification (PIV) card as required by Homeland Security Presidential Directive 12 (HSPD-12), which includes a favorable background investigation.

    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.

    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 or here 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.

    Salary : $74,900 - $123,600

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