IACMI – The Composites Institute

Financial Planning Analyst

IACMI – The Composites Institute
6 - 10 years
Knox County, TN
Full-time
Remote
1 month ago

About the role

Position Title: Financial Planning Analyst
Salary: $65,000 - $95,000 annually depending on experience
Location: 90% Remote; 10% In Office; Eligible candidates may reside in TN, MI, OH, IN, FL, WV, NC, TX, PA; preferably within 1 hour of Knoxville, TN
Role Description
The Institute for Advanced Composites Manufacturing Innovation (IACMI) established in 2015 by the U.S. Department of Energy is managed by Collaborative Composite Solutions Corporation, a 501(c)(3) not-for-profit organization. IACMI is a Manufacturing USA institute created to secure U.S. global leadership in advanced manufacturing by facilitating collaboration related to advanced composites design, manufacturing, technical innovation, and workforce solutions. IACMI brings together 180+ member organizations from manufacturers and industry partners of all sizes, academic institutions, and government agencies to grow the production capacity of composites, strengthen U.S. manufacturing competitiveness, elevate workforce training and job creation across the U.S. composite industry, and collaborate on major research and development projects relevant to the industry.
We are seeking aFinancial Planning Analyst at our headquarters in Knoxville, TN, to provide support to the Project Finance team and report to the Project Controller. This position will provide budget and financial support for IACMI’s multiple programs. This individual should have strong budget management skills, be an effective communicator, and have applicable project-based financial and accounting experience. The ideal candidate will be a team player who is organized, skilled with time management, and able to adapt to various environments and deliverables. The individual should also be highly driven, proactive, goal‐oriented, and self‐motivated. This position will collaborate closely with other operational teams. Preference will be given to candidates living within one hour of Knoxville, TN. However, this position may be considered for the right candidate who is willing to travel occasionally to IACMI events and to the corporate office in Knoxville approximately four times a year.
Responsibilties:
  • Assist with financial project management support for IACMI programs - responsibilities include planning, monitoring, and reporting activities for complex multi-task Federal cooperative agreements, grants, and commercial contracts
  • Manage subcontractor budgets for projects, including creation of and updates to budget templates
  • Review and approve subcontractor invoices
  • Advise Budget Managers and Accounting team regarding appropriate project and GL account codes for given expenditures
  • Attend project and budget meetings mostly virtually but occasionally in person
  • Review and approve billings prepared by Accounting to send to project sponsors
  • Update and/or review monthly budget vs. actual reports for projects; provide analysis regarding trends or unusual expenditures
  • Assist with identifying hindrances to project over or underspending
  • Communicate with subcontractors about budget, invoice, and spending questions
  • Work with Budget Managers and the Sr. Project Accountant to create budgets for new projects and update existing budgets quarterly or as needed
  • Assist with financial information for quarterly reports to institutions providing grant funding per contract/grant specifications
  • Assist with securing new contract/grant opportunities including collecting and reviewing partner budgets, coordination with the team and partners to secure required documentation, and proposal submission
  • Serve as a connection point between the various teams and programs to provide cohesiveness across the portfolio
  • Assist in compiling and entry of budget data for financial reporting systems
  • Assist with special project and ad hoc information requests as needed
  • Initiate phone calls with team members, partners, and participants when appropriate
  • Other duties as assigned

Requirements:
  • Bachelor’s or higher degree in accounting, finance, or related field
  • Minimum of 3-5 years’ experience developing and managing project budgets within a project-based accounting environment
  • Intermediate to advanced knowledge of Excel
  • Ability to create and modify detailed budgets from beginning to end in Excel
  • Ability to work independently while following directives and budget considerations
  • Highly driven, proactive, results‐oriented with a strong drive to reach goals
  • Problem‐solver with proven ability to take initiative
  • Enthusiasm for IACMI’s mission
  • Detailed-oriented
  • Highly driven, proactive, results‐oriented with a strong drive to reach goals
  • Problem‐solver with proven ability to take initiative
  • Technical aptitude and ability to adapt quickly when learning various software applications and tools
  • Valid US driver’s license required
  • Must be able to sit for long periods of time
  • Travel at least 5% of time with overnight stays
  • Preferred:
  • Financial and/or contracting experience with the U.S. Department of Energy (DOE) and/or U.S. Department of War (DOW) preferred
  • Experience with budgeting or accounting for a government contractor organization
  • Understanding of how indirect rates (fringe, overhead, etc.) are developed, applied and operate for a project funded by a government contract or grant preferred
  • Vena experience is a plus
  • Deltek Costpoint experience is a plus
  • Experience with cost share is a plus
  • Experience with MS Teams and PowerBI
  • Experience with developing cost proposals

Benefits:
  • Comprehensive benefits package, including 401(k), medical, dental, vision, term life, AD&D, short-term disability, and long-term disability insurance
  • Generous paid time off and flexible work arrangements
  • Professional development opportunities and training programs
  • Opportunities for growth and advancement within the organization

Why Join IACMI?
  • Be part of a national workforce initiative advancing U.S. manufacturing competitiveness.
  • Collaborate with leading industry, academic, and government partners in technology and education.
  • Opportunities for professional growth within a collaborative, mission-driven organization.

The Institute for Advanced Composites Manufacturing Innovation, or IACMI–The Composites Institute®, is focused on securing U.S. global leadership in advanced manufacturing by connecting people, ideas, and technology. IACMI is a 160-plus member community of industry, academic institutions, and government organizations designed to enhance competitiveness in U.S. manufacturing with a focus on meeting the needs of the private industry sector. Established in 2015 by the Department of Energy, IACMI is one of 17 Manufacturing USA Institutes collaborating to accelerate new technology, create new products, reduce cost and risk, and enable the manufacturing workforce with the skills of the future. Based in Knoxville, Tennessee, IACMI is managed by the Collaborative Composite Solutions Corporation, a not-for-profit organization established by The University of Tennessee Research Foundation.
IACMI has built a national reputation as a leader in U.S. workforce development, education, and training experiences in the advanced composites and manufacturing industries. Workforce programmatic themes include, but are not limited to, advanced composites manufacturing and processes, machine tool technology to include CNC Machining, cyber security for industrial applications, additive manufacturing; as well as K-12 career awareness and skill building programs. Our continued growth and success have led to the search for a new team member.

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