IT Product Financial Analyst

2 weeks ago

Richmond, VA, United States STI Full time
IT Product Financial Analyst

Richmond, VA

5+ Months

ON SITE Required: 3 days a week required

VITA has parking at no cost to contractors.

Pls note before submitting: The Manager understands this will be more of a junior level role with minimal years of work experience. The ideal candidate will have a degree in finance, understand money and have a general understanding of technologies (especially within security) to be able to perform these tasks would be valuable. However, they are willing to train someone in the security-related products they work with, if they have the budgets/forecasting knowledge they are seeking.

A (4 yr) Bachelors degree in Finance or Accounting is Required

ABOUT THE ROLE:

This role will provide critical financial insights to optimize resource allocation, enhance program effectiveness, and ensure compliance with federal budgeting and reporting standards.

Responsibilities:

• Conduct detailed financial analysis and forecasting for security products and services within the agency.

• Develop and maintain budgeting models to support product and service funding requests, execution, and cost management.

• Collaborate with cross-functional teams including IT security, procurement, and compliance to align financial strategies with agency goals

• Monitor and report on financial performance against approved budgets, identifying risks and opportunities.

• Support procurement and contract negotiations with vendors from a financial perspective.

• Analyze life cycle costs and support cost-benefit evaluations for new security initiatives and technology acquisitions.

• Assist in evaluating the financial viability of new security products or enhancements

• Provide clear, concise financial reports and briefings for senior leadership and oversight bodies.

• Support continuous improvement of financial processes and systems related to security program funding and expenditure tracking.

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