Energy Northwest

EPU Inflation Reduction Act (IRA) Analyst

Energy Northwest$109K — $164K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's in finance, economics, or related field with 7 years finance experience;
  • Associate's in project management or related field with 9 years technical experience;
  • High School Diploma/GED with 11 years technical experience;
  • Strong background in compliance and federal regulations, particularly IRA-related;
  • Proficiency in financial analysis and reporting, especially related to grant performance.

Responsibilities

  • Assist in preparing applications and financial documentation for IRA programs;
  • Analyze financial impacts of IRA programs on the organization;
  • Communicate progress and challenges to leadership and stakeholders;
  • Support integration of IRA incentives into corporate financial models;
  • Ensure compliance with IRA provisions, coordinating with legal and finance teams;
  • Prepare financial reports related to IRA programs for stakeholders;
  • Conduct regulatory research and benchmarking with industry partners.

Benefits

  • Generous retirement benefits through multiple programs including a pension plan;
  • No state income tax in Washington State;
  • Comprehensive medical, dental, and vision insurance options;
  • Flexible spending accounts and tuition reimbursement available;
  • Personal time accrual starting at 160 hours annually;
  • Nine paid holidays throughout the year.
Full Job Description
GENERAL SUMMARY

The EPU Inflation Reduction Act Analyst will support the compliance, preparation, analysis, and integration of programs related to the Inflation Reduction Act (IRA). The IRA Analyst will collaborate with project stakeholders and the Corporate Finance department staff to ensure accurate financial reporting, compliance with regulations, and seamless integration of IRA provisions within company operations. The position will act as primary analyst leading the EPU evaluation and implementation of various clean energy benefits under the IRA. The IRA Analyst will lead coordination with external contractors, advisors, and support staff to ensure timely and accurate tax filings.

PRINCIPAL ACCOUNTABILITIES

Program Preparation and Analysis: Assist in the preparation of applications, financial documentation, and reports for government grant opportunities under the IRA. Analyze the financial impact of IRA programs on the organization. Communicate analysis, milestone progress, and challenges to Engineering manager, Executive Leadership and Project Stakeholders. Coordinate with various project owners across Agency to assist with IRA education and implementation support. Work directly with internal stakeholders, including project managers, compliance officers, and the Corporate Finance department, to integrate IRA-related financial strategies into business operations.

Integration of IRA Provisions (Establishing Standards): Support the integration of IRA incentives into company projects and financial models, ensuring alignment with both federal guidelines and corporate objectives. Establish new processes associated with IRA implementation to ensure sustainability and predictable operations. Identify opportunities for process improvements to streamline grant application and compliance activities related to IRA programs. Coordinate with external advisors and supporting contractors to implement sustainable processes, procedures, and governing policies to guide Agency decision making and compliance.

Compliance Management: Oversee and ensure compliance with the Inflation Reduction Act (IRA) provisions, working closely with legal, human resources, supply chain and finance teams to interpret and implement regulatory requirements. Lead cross-functional teams and project teams to ensure sufficient documentation and processes exist to support audit requirements and expectations. Coordinate with Corporate Finance departments on audit preparedness and document retention.

Financial / Project Reporting: Prepare and analyze financial data related to IRA programs, ensuring accurate reporting for internal and external stakeholders. Provide insight into grant performance, expenditures, and compliance metrics. Establish project specific reporting standards to communicate with project stakeholders, Executive Leadership, and Governing Boards.

Regulatory Research & Benchmarking: Stay up to date with changes in government regulations related to the IRA and advise leadership on potential impacts to current projects or strategies. Coordinate benchmarking activities with Public Power partners, local and national industry groups to understand lessons learned and align with best practices.

Other assignments and projects as requested by the EPU Supervisor and manager.

Must participate on the Emergency Response team (ERO) when designated.

Must support the biennial refueling outage

REQUIRED EDUCATON AND EXPERIENCE

Bachelor's degree with a technical emphasis in project management, accounting, finance, economics, business operations/industrial management, data analytics, or other related technical degree from an accredited college or university and seven years of progressive finance experience

OR Associate's degree in project management, business or related field from accredited college or university AND nine years of experience in a technical field

OR High School Diploma/GED and eleven years of experience in a technical field.

Pay Range
$109,870.00 - $164,806.00 Annual
Midpoint:
$137,338.00

Typically, selected candidates are hired between the minimum and midpoint of the range, based on applicable experience and qualifications, market rate, internal equity, and budgetary allowances.

Offers will be negotiated based on each candidate's qualifications.

Incentive Compensation

This role may be eligible to participate in our annual incentive plan. Incentives are earned based on employee performance against defined metrics and company goals.

Benefits

Energy Northwest (EN) provides a phenomenal benefits package. Washington State also has no state income tax, and the Tri-Cities provides a cost-of-living lower than the national average.

EN offers substantial retirement benefits through three retirement programs including the Washington State Public Employees' Retirement System pension plan (PERS), a 401(k) savings plan with an employer match component, and a 457(b) savings plan. EN also offers multiple options for medical, dental, vision, disability and life insurance coverage. Other voluntary benefits may include flexible spending accounts (FSAs), tuition reimbursement, student loan repayment, childcare subsides, health reimbursement arrangement (HRA VEBA), health savings account (HSA), supplemental life insurances, credit monitoring/identity theft insurance, and more! Qualifying employees will typically start a personal time accrual rate of 160 hours per year and EN provides nine paid holidays throughout the Calander year; personal time accruals grow significantly at various service intervals.

About Energy Northwest

Energy Northwest is a public power joint operating agency formed by state law in 1957. It is headquartered in Richland, Washington. The company operates a diverse mix of carbon-free electricity generating resources, including hydro, solar and wind projects, and the Columbia Generating Station, the third-largest nuclear power plant in the United States. Energy Northwest provides electricity to more than 1.5 million people in the Pacific Northwest through its member utilities. The company is committed to providing reliable, affordable and environmentally responsible power to its customers.
Learn more about Energy Northwest
Size
1,100 employees
Industry

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