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Financial Analyst - Mechanical & Thermal Engineering Sciences Portfolio

National Renewable Energy Laboratory
United Statesfull_timeVerifiedPosted 23 May 2024
💰 $120,800/yr($63,600/yr$120,800/yr)

About the role

Posting Title

Financial Analyst - Mechanical & Thermal Engineering Sciences Portfolio

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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

The chosen candidate will provide financial management support to the Chief Financial Officer and Center

Directors, program managers, project managers, and other NREL staff. They will also 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. 95% of this position can be remote; however,

there will be some onsite requirements.

Job Duties include the following:

Budget Formulation and Planning:

  • Support the annual NREL financial planning process by assisting NREL program, project and center leaders with the formulation of financial estimates.
  • Provide support to Center/Office Directors to formulate overhead requirements and affordability.
  • Assist with the development of cost plans for Department of Energy programs, Strategic Partnership Projects (non-DOE), and other cooperative efforts.
  • Review and approve new business 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 monthly funding with applicable project/task leaders.
  • Perform cash flow analysis to determine funding needs at the task/project/chargeable task levels for successful project execution.
  • Support communications with customers to ensure timely funds receipt.

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.
  • 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 project cost breakdown structures using the Oracle Project Accounting system.
  • Create, support,

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Company

National Renewable Energy Laboratory

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