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Full-Time

Grant Manager

Updated on 9/10/2024

Electric Hydrogen

Electric Hydrogen

201-500 employees

Manufactures large-scale electrolyzers for green hydrogen

Hardware
Energy
Social Impact

Compensation Overview

$119k - $149.6kAnnually

+ Equity Grant + Time Off Programs + Cell Phone Allowance + 401(k) Match + Health Insurance + Disability Coverage + Bonus

Senior

Devens, MA, USA

Category
Financial Consulting
Consulting
Required Skills
Communications
Management
Requirements
  • Bachelor's degree in accounting, business administration, public administration, law, or another related field
  • 5 years of experience working as a grant manager, as an auditor of recipients of public funds, or at a government agency in a contracting role
  • In-depth understanding of federal, state, and local government regulations related to grants management, compliance, and reporting such as 2CFR200 (Uniform Grant Guidance) regulations, SAM.gov, Grants.Gov, Federal Indirect Rate (IDR), and Federal Unique ID
  • Proficient in grant application processes, including researching funding opportunities, writing grant proposals, managing grant awards, and ensuring submission of required reports
  • Experience creating and analyzing budgets and preparing Incurred Cost Submissions (ICS), using spreadsheets is required
  • Familiar with government agencies, the Department of Energy, rules and regulations, and related database management portals
  • Experience working in and with enterprise resource planning (ERP) systems, MS Dynamics Business Central (formerly known as Navision)
Responsibilities
  • Coordinate enterprise-wide efforts related to implementation and review of grant compliance procedures
  • Establish and maintain an overall grant management program, to include standardized expectations and procedures for proposals/budgets, program management, and reporting
  • Ensure that the management of public funds conforms to Electric Hydrogen's internal policies, and those of the public entity providing the funding
  • Submit reports and documentation to the appropriate public agencies
  • Facilitate communication between these public agencies and Electric Hydrogen
  • Keep current with federal (DOE in particular), state and other requirements, timelines and policy issues, and advise program staff and leadership on any changes to a public funder's rules, regulations, and statutory requirements
  • Help with the development and completion of grant applications and coordinating public hearings on proposed grant programs
  • Advise Principal Investigator (PI) on preventing over expenditures (resolve deficit situations) and unallowable expenditures charged to grants
  • Provide budget documentation for new awards, subsequent grant years, and any other ongoing budget reporting, and prepare budget modifications
  • Help design and implement necessary internal controls to ensure public funds are easily accounted for and spent in a manner consistent with their intent
  • Provide compliance training related to empower employees to support compliance
  • Perform periodic internal compliance reviews across departments and review effectiveness of procedures and internal controls
  • Ensure timekeeping meets Federal requirements and reconcile salaries and wages with accounting for publicly funded projects
  • Coordinate internal unallowable cost reviews to prevent unallowable costs from being charged to grants (e.g., reviewing purchase requests and periodic financial reports)
  • Oversee compliance audit performed by Big 4 CPA firm
  • Prepare and track all the reporting and certification requirements Electric Hydrogen will file for public grants and other forms of government sponsored assistance
  • Initiate and process reimbursements, purchase order requisitions, and check requests for assigned grants/contracts
  • Work with public funding agency staff to resolve matters which may arise over the life of a grant or other form of public funding

Electric Hydrogen manufactures powerful electrolyzers that produce green hydrogen, a clean alternative to fossil fuels. Their electrolyzers work by using renewable electricity to split water into hydrogen and oxygen, making the process environmentally friendly. Unlike competitors, Electric Hydrogen focuses on large-scale electrolyzer plants, with their 100MW units being significantly larger and more efficient than the typical 5MW units offered by others. This allows for faster construction and commissioning, taking only about three months. The company's goal is to help heavy-emission industries, such as fertilizer and steel production, transition to green hydrogen, enabling them to reduce their carbon emissions effectively and affordably.

Company Stage

Series C

Total Funding

$938.2M

Headquarters

Natick, Massachusetts

Founded

2020

Growth & Insights
Headcount

6 month growth

20%

1 year growth

43%

2 year growth

200%
Simplify Jobs

Simplify's Take

What believers are saying

  • EH2's technology enables industries like steel, chemicals, and fuels to decarbonize rapidly and at scale, offering significant environmental impact.
  • The company's strong financial support, including $100 million in corporate credit financing and $65 million in DOE support, ensures robust growth and stability.
  • The opening of the Devens gigafactory and large-scale agreements like the 1GW framework with The AES Corporation highlight EH2's rapid expansion and market penetration.

What critics are saying

  • The high initial cost and complexity of deploying 100MW electrolyzer plants may deter some potential clients, impacting sales.
  • The competitive landscape in green hydrogen technology is intensifying, with numerous players vying for market share, which could pressure EH2's growth.

What makes Electric Hydrogen unique

  • EH2's 100MW electrolyzer plants are significantly larger and more cost-effective than the sub-5MW units offered by competitors, enabling faster commissioning and deployment.
  • The company's innovative 'stack' design of electrolysis cells drastically reduces the cost of green hydrogen production, making it economically viable for heavy-emitting industries.
  • EH2 has secured substantial financial backing, including $380 million in recent funding and significant support from the Department of Energy, positioning it as a leader in the green hydrogen market.

Benefits

Health, dental, vision, & disability insurance

401k match

Unlimited time off