Financial Analyst

Idaho National Laboratory•Idaho Falls, ID

9d•Onsite

About The Position

The Financial Analyst serves as a liaison between laboratory operations and Business Management to ensure contract compliance in financial matters. The role provides guidance on cost accounting standards, funding determinations, purchasing requirements, contract modifications, external partner agreements, material requests, and invoice approvals. It reports to the Business Manager of the hiring organization and is offered at multiple levels, with placement based on the depth and breadth of demonstrated experience and skills. The position is onsite at either the Idaho Falls offices, on a 9x80 schedule with every other Friday off, or INL desert site facilities, on a 4x10 schedule with every Friday off. The analyst supports planning, forecasting, cost and budget control, performance analysis, funds management, and financial decision-making for assigned work. The role also supports overhead rate development, audits, cost management reviews, and contract accrual and commitment management.

Requirements

Level 1: Bachelor's degree in Finance, Accounting, Economics, Mathematics, or a related field.
Level 2: Bachelor's degree and 2 years of relevant experience, or a master's degree in Finance, Accounting, Economics, Mathematics, or a related field.
Ability to obtain and maintain a DOE security clearance; U.S. citizenship is required.

Responsibilities

Collaborate with managers to develop and review plans, estimates, costs, contracts, schedules, and resources.
Use laboratory business systems to develop and implement tools for analyzing, evaluating, tracking, and reporting costs, schedules when needed, budget performance, and funds management; facilitate timely resolution of discrepancies.
Provide recommendations to decision makers about necessary adjustments based on detailed analysis and projections.
Develop earned value and/or budget baselines, Work Breakdown Structures (WBS), INL work authorization documents (IWAD), performance measurements and analyses, spend and performance forecasts, estimates to complete, estimates at complete, cost controls, proposals, and earned value performance measurements when required.
Work with stakeholders, including engineering, procurement, agreements, construction, and business management, to ensure they understand financial performance against planned baselines.
Inform customers about spending trends and funding levels to support business decisions.
Provide critical inputs to laboratory overhead rate development, including business volume forecasts, budget model development, and service centers.
Provide requested financial data during internal and external audits and support corrective action planning and cost management reviews.
Guide Technical Point of Contacts in calculating timely accruals on contract work and managing outstanding commitments.
Maintain the financial health of assigned areas, including prudent cost management.
Solve complex financial problems.