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Senior Financial Analyst

Company: Nrel
Location: Golden
Posted on: May 3, 2021

Job Description:

Posting Title

Senior Financial Analyst



CO - Golden


Position Type



Hours Per Week



Job Description

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.

This Financial Analyst position will serve as a senior rates and pricing specialist, focused on the development, monitoring, and analyses of Lab overhead rates, standard labor rates, NREL's Cost Accounting Standards Board Disclosure Statement, and related policies and procedures. Will work within a dynamic, high-performing, and leading class CFO organization closely collaborating with other CFO analysts and managers to solve complex financial planning, programming, budgeting, and execution tasks, as well as improve institutional processes. This position, as a senior member of the lab support team, has opportunities to engage in many areas of the Lab's business from decision support and compliance, to project and funding administration.

Responsibilities for this role include, but are not limited to:

Budget Formulation and Planning:

  • Assist Lab leadership with decisions on changes to the cost accounting structure and/or standard labor rate structure, which may include providing innovative ideas or solutions, problem solving, conducting complex analyses, helping others understand regulations, and developing plans to execute approved changes.
  • Provide support to the NREL annual financial planning processes to include providing direction to Business Managers and fellow analysts, developing templates and forms, consolidating inputs to multi-year rate proposals, performing ad hoc analysis, and communicating impacts and results.
  • Assist managers with analysis needed for development of reasonable targets each fiscal year.
  • Developing, monitoring, and reporting on Lab metrics.
  • Consulting on or assisting with the development of DOE (FOA) and Non-DOE (SPP) proposals and cash flow analysis.
  • Monitor and evaluate reasonableness and accuracy of ongoing financial plans for programs and projects, as well as assist Business Manager with analysis to support the development of lab forecasts for productivity, affordability, and cost.

Budget Execution:

  • Develop and/or maintain monthly financial tracking and monitoring reports for overhead rates, standard labor rates, and Lab-wide budget execution.
  • Analyze plan versus actual cost data and discuss any issues with the applicable managers.
  • Communicate on a regular basis with Lab Leadership, Program Managers, Project Leaders, Task/Subtask Leaders, Business Managers and Financial Analysts regarding significant financial requirements and data calls.

Finance Policies and Procedures:

  • Provide technical financial guidance on matters related to project pricing and rates application.
  • Assist with the development and/or maintenance of policies and procedures for Financial Planning & Analysis group
  • Support Laboratory policies by assisting leaders in their understanding of fiscal management responsibilities.

Financial Administration:

  • Work closely with project leaders to maintain updates to project cost breakdown structures using Oracle Enterprise Business Systems.
  • Create, support, monitor, and update various time-phased budget plans, as required.
  • Provide ad hoc reporting for personnel when any financial data requests occur.
  • Assist with training of new staff to understand financial responsibilities of their roles.
  • Assist with supporting external and internal audit requests including detailed support, effective answers, and the occasional audit report response.


Basic Qualifications

Bachelor's Degree in Finance, Accounting or a related field and 9 or more years of experience working in a financial field.

Or, Master's Degree in Finance, Accounting or related field and 7 or more years of experience in a financial field.

Or, relevant PhD in Finance, Accounting or a related field and 4 or more years of experience in a financial field.

Or, relevant JD in Finance, Accounting or a related field and 4 or more years of experience in a financial field.


Additional Required Qualifications

  • Extensive knowledge of laws, regulations, principles, procedures, and practices related to financial management in a government contracting environment as well as excellent leadership, project management and problem-solving skills.
  • Ability to use various software programs at an advanced level, particularly Microsoft Excel.
  • Previous experience with financial management & budgeting in a government contracting environment.
  • Excellent leadership, project management and problem solving skills. Ability to use various computer software programs.

Preferred Qualifications

  • Previous experience with Microsoft Power BI.
  • Previous experience with U.S. Cost Accounting Standards, including CASB Disclosure Statements.
  • A general understanding of Generally Accepted Accounting Principles and their relation to the timing of cost, accruals, and pre-payments.


Annual Salary Range (based on full-time 40 hours per week)

Annual Salary Range: $73,900 - $133,100

Offers will typically be made in the bottom half of the listed range. NREL takes into consideration a candidate's education, training, and experience, as well as the position's work location, 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

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, 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|For information about right to work, click here for English or here for Spanish.

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Keywords: Nrel, Denver , Senior Financial Analyst, Other , Golden, Colorado

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