Professional IV/V - Standard Labor Rate Analyst

National Renewable Energy Laboratory; United States; Remote; USD 81,000 - 176,000; Full time

Job summary

The National Renewable Energy Laboratory (NREL) is seeking a Professional IV/V - Standard Labor Rate Analyst to provide financial management support within the CFO office. This critical role involves developing, monitoring labor rates, and guiding financial processes, thus contributing significantly to the financial planning and analysis group. Candidates should possess extensive finance experience, excellent analytical abilities, and a strong command of relevant financial software tools.

Benefits

Medical, dental, and vision insurance

403(b) Employee Savings Plan with employer match

Tuition reimbursement

Paid holidays and personal time off (PTO)

Qualifications

• 9+ years' experience for Level IV or 14+ years for Level V.
• High expertise in finance principles, theories, and concepts.
• Prior experience with labor rates or cost recovery structures preferred.

Responsibilities

• Support financial planning by developing Standard Labor Rates.
• Monitor and evaluate accuracy of standard labor rates monthly.
• Prepare financial reports and presentations for leadership.

Skills

Critical Thinking

Project Management

Communication

Problem Solving

Leadership

Education

Bachelor's Degree in Finance

Master's Degree in Finance

PhD in Finance

JD in Finance

Tools

Microsoft Excel

Hyperion/Essbase

Oracle Projects

Microsoft Power BI

Job description

Posting Title Professional IV/V - Standard Labor Rate Analyst

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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 energy systems research and development.

Join the National Renewable Energy Laboratory (NREL), where world-class scientists, engineers, and experts are accelerating energy innovation through breakthrough research and systems integration. From our mission to our collaborative culture, NREL stands out in the research community for its commitment to an affordable and secure energy future. Spanning foundational science to applied systems engineering and analysis, we focus on solving complex challenges to deliver advanced, secure, reliable, and cost-effective energy solutions. Our work helps strengthen U.S. industries, support job creation, and promote national economic growth.

At NREL, you’ll find a mission-driven environment supported by state-of-the-art facilities, multidisciplinary research teams, and strong collaborations with industry, academia, and other national laboratories. We offer robust professional development opportunities, and a competitive benefits package designed to support your career and well-being.

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

Job Description

We have an opening for a financial analyst to join our Office of the CFO (OCFO) as part of our lab support FP&A group. 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 executiontasks, as well asimprove institutional processes.

Standard Labor Rate Development:

• Support the annual NREL financial planning process by developing Standard Labor Rates that are used for laboratory wide labor costing, budgeting, and estimating.
• Engage with NREL leadership and Human Resources to obtain annual cost estimates for future staff compensation and benefits.
• Engage with NREL leadership and the Financial Planning & Analysis Business Managers to obtain estimated annual target staff levels.
• Collaborate with NREL Financial Operations to determine average annual productive work hours.
• Identify best practices and provide recommendations for improvements and changes to policies and procedures.

Standard Labor Rate Monitoring:

• Monitor and evaluate reasonableness and accuracy of standard labor rates monthly and coordinate needed updates.
• Perform analysis on standard labor rate performance, communicate results, identify issues, develop strategic action plans, and recommendations for leadership.
• Perform detailed plan to actual variance analyses and discuss issues and necessary actions with applicable leaders.
• Prepare monthly financial reports and visuals for presentations to NREL leadership.
• Provide support to business leaders to formulate budget requirements and assess affordability.
• Identify risks, issues and needed actions to leadership.

Finance Policies and Procedures:

• Provide financial guidance 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:

• Identify, obtain details, and communicate any standard labor rate issues to NREL leadership
• Communicate financial planning requirements and deadlines to all customers.
• Serve as the Standard Labor Rate interface with systems teams and provide necessary support.
• Identify creative solutions for effective cost recovery that are compliant with Cost Accounting Standards
• Other finance related duties

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Basic Qualifications 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.

Level V -
Bachelor’s degree in finance, Accounting or a related field and 14 or more years of experience working in a financial field. Or, master’s degree in finance, Accounting or related field and 12 or more years of experience in a financial field. Or, relevant PhD in Finance, Accounting or a related field and 9 or more years of experience in a financial field Or, relevant JD in Finance, Accounting or a related field and 9 or more years of experience in a financial field.

Eligibility requirements: This position will require access to Controlled Unclassified Information which may include restricted dissemination requirements based on citizenship. As a result, applicants may be excluded from consideration based on citizenship in accordance with DOE O 471.7, Controlled Unclassified Information. https://www.directives.doe.gov/news/new-doe-o-471-7-controlled-unclassified-information

* Must meet educational requirements prior to employment start date.

Additional Required Qualifications

• 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 financial principles, theories, and concepts.
• Prior experience with the development of standard labor rates or cost recovery structures.
• 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.

Preferred Qualifications

• Prior government contractor experience.
• Working knowledge of Hyperion/Essbase, Oracle Projects, Microsoft Power BI, and Oracle Business Intelligence.

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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: $81,500 - $146,700 Job Profile: Professional V / Annual Salary Range: $97,800 - $176,000

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.

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Equal Opportunity 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.

Reasonable Accommodations

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