The posting
TerraPower is a nuclear technology company based in Bellevue, Washington. At its core, the company is working to raise living standards globally through a more affordable, secure, and environmentally friendly form of nuclear energy along with innovations in medical isotopes to improve human health. In 2006, TerraPower originated with Bill Gates and a group of like-minded visionaries who evaluated the fundamental challenges to raising living standards around the world. They recognized energy access was crucial to the health and economic well-being of communities and decided that the private sector needed to take action and create energy sources that would advance global energy deployment. TerraPower’s mission is to be a world leader in new nuclear technologies, while developing innovators and future leaders in the nuclear field. As a result, the company’s activities in the fields of nuclear energy and related sciences are yielding significant innovations in the safety and economics of nuclear power, hybrid energy and medical applications – all for significant human health benefits.
TerraPower is seeking to hire highly motivated and forward-thinking professionals who are interested in focusing on advanced nuclear reactor research and development and influencing change within the nuclear power landscape and bringing forward the critical production of medical isotopes. TerraPower is an Equal Opportunity Employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.
Senior Compliance Analyst
The Government Compliance Analyst will work in Finance and be responsible for leading DCAA government audits, support contract renewal, proposal and negotiation activities. Oversee cost allowability and compliance with the Federal Acquisition Regulation (FAR), Cost Accounting Standards (CAS) as applicable, and other applicable regulations and contract terms. The successful candidate will demonstrate extensive knowledge in GAAP, GAGAS, FAR, CAS, and strong user experience in the ICE model, Detailed Budget Justification (DBJ) and accounting system Oracle Cloud ERP.
Responsibilities
- Prepare, review, and submit invoices for various government contract types, including cost-re reimbursable, time and materials (T&M), progress payments, and firm-fixed-price (FFP), ensuring compliance with contract terms, FAR, and 2 CFR Part 200.
- Validate and reconcile vendor and subrecipient invoices, including government travel expenses, to ensure accuracy, proper documentation, and compliance with applicable regulations and organizational policies.
- Identify unallowable costs in accordance with federal regulations, contract requirements, and government cost principles; support audits of allowable and unallowable costs.
- Obtain required project manager approvals and ensure accurate general ledger, department, and project billing codes in Oracle.
- Monitor accounts receivable (AR), aging balances, collections, and reconciliations to ensure timely payments and accurate financial records.
- Collaborate with project managers, the Project Management Office (PMO), and other stakeholders to resolve billing discrepancies, payment issues, and compliance concerns.
- Generate timely financial and billing reports to support project management, financial analysis, audits, and management decision-making.
- Support month-end close activities, general ledger accounting, account reconciliations, journal entries, and AR file maintenance.
- Maintain accurate financial documentation, audit trails, and supporting records in accordance with contractual, regulatory, and internal requirements.
- Implement and improve accounting policies, procedures, and internal controls to enhance operational efficiency and ensure regulatory compliance.
- Perform moderately complex accounting analyses, organize financial data for reporting and audit purposes, and respond to stakeholder inquiries regarding accounting policies and government regulations.
- Support government property tracking and ensure compliance with applicable contractual and recordkeeping requirements.
Key Qualifications and Skills
- Support monthly Department of Energy (DOE) cost reviews, financial analysis, and data analytics initiatives to ensure cost accuracy, compliance, and informed decision-making.
- Assist with cost escalation forecasting and collaborate with Business Development on long-range funding models and financial projections.
- Provide compliance guidance to internal stakeholders on cost allowability under the Federal Acquisition Regulation (FAR), 2 CFR Part 200, and other applicable regulations; identify and assess unallowable costs in accordance with government requirements and contractual terms.
- Apply expertise in government cooperative agreements, including grant cost sharing and cost recovery, and government contracts as both prime recipient and subrecipient, including firm-fixed-price, time-and-materials, cost-type, IDIQ, and CRADA agreements.
- Conduct cost and price analyses during annual budget renewals to evaluate cost reasonableness, accuracy, and compliance with contractual requirements.
- Support indirect cost rate development, review, approval, and negotiations to ensure compliance with applicable government regulations and contract requirements.
- Prepare and review financial and regulatory reports in accordance with contract terms, FAR, and 2 CFR Part 200, including SF-425, SF-428, and contract closeout reports.
- Perform subrecipient monitoring, including risk assessments, financial reviews, and indirect cost rate evaluations, to ensure compliance with award terms and regulatory requirements.
- Support annual budget renewals and new business proposals by analyzing contract requirements, reviewing Requests for Proposals (RFPs), and conducting pre-award and post-award financial due diligence.
- Collaborate cross-functionally with the Project Management Office (PMO), Procurement, Contracts, Legal, business stakeholders, and customers to resolve contractual, financial, and compliance issues.
- Review subrecipient travel expenses for compliance with FAR and applicable travel policies; recommend process improvements and contract modifications to strengthen compliance and operational efficiency.
- Review and validate general ledger (GL), department, and project billing codes in the accounting system to ensure accurate cost allocation, financial reporting, and contract billing.
- Develop, implement, and update policies and procedures; provide training and guidance to colleagues and stakeholders on government accounting, cost allowability, and regulatory compliance.
- Support government contract billing by validating invoice completeness and accuracy, reviewing supporting documentation, and ensuring costs comply with contractual terms and applicable government regulations.
- Monitor government property management activities to ensure proper tracking, documentation, accountability, and compliance with contractual requirements and applicable government regulations.
Job Functions:
Job Functions are physical actions and/or working conditions associated with the position. These functions may also constitute essential functions for the job which the employee must be able to fulfill, with or without accommodation. Information provided below is to help describe the job so that the applicant has a reasonable understanding of the job duties/expectations. An applicant's ability to perform and/or tolerate these actions and conditions will be discussed and workplace accommodations may be made on a case-by-case basis following an individualized assessment of the applicant and other considerations, including but not limited to any governing safety standards.
- Motor Abilities: Sitting for extended periods, bending/stooping, grasping/gripping, fine motor control (hands)
- Physical exertion and/or requirements: Minimal, with ability to safely lift up to 25 pounds.
- Repetitive work: Prolonged
- Special Senses: Visual and audio focused work
- Work Conditions: Stairs, typing/keyboard, standard and/or sitting working environment of >8 hours/day
- Travel required 0-10%
TerraPower’s technology is controlled for export by various agencies of the U.S. Government. TerraPower must evaluate applicants who are foreign nationals (other than asylees, refugees, or lawful permanent residents) in accordance with U.S. Government export control requirements. To facilitate TerraPower’s export control reviews, you will be asked as part of the application process to identify whether you are a U.S. Citizen or national, asylee, refugee, or lawful permanent resident of the United States. Government export authorization approval times vary. Based on the business needs for a particular position, TerraPower may not consider a foreign national from a country if it is impracticable to obtain timely Government export approval.
Job details
Salary Range: $105,858-$137,477
*Any salary offered within the posted salary band is based on market data and commensurate with the selected individual’s qualifications experience. This range is specific to Washington State.
Benefits:
- Competitive Compensation
- Salary, eligible to participate in discretionary short-term incentive payments
- Comprehensive Medical and Wellness Benefits Medical Vision Dental Life and Disability Gender Affirmation Benefits
- Parental Leave
- 401k Plan
- Generous Paid Time Off (PTO) 21 days of annually accrued PTO
- Generous Holiday Schedule 10 paid holidays
- Relocation Assistance
- Professional and Educational Support Opportunities
TerraPower Career and Benefits information: https://www.terrapower.com/contact-us/careers/
