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IT Product and Financial Analyst

IT Product and Financial Analyst

vTech SolutionDC, United States
1 day ago
Job type
  • Full-time
  • Quick Apply
Job description

Job Title : IT Product and Financial Analyst

Location : Richmond, VA

Contract Duration : 6 Months

Complete Description :

This role is designed to support financial analysis and forecasting for security products and services within the agency. The ideal candidate will have a bachelor's degree in finance or accounting and possess foundational knowledge of financial modelling, budgeting, and forecasting. While a background in security technologies is helpful, the agency is open to training candidates with strong financial skills who are eager to learn about security-related products.

Key Responsibilities :

  • Financial Analysis and Forecasting : Conduct detailed financial analysis and forecasting for security products and services within the agency.
  • Budgeting Models : Develop and maintain budgeting models to support product and service funding requests, execution, and cost management.
  • Cross-functional Collaboration : Collaborate with cross-functional teams including IT security, procurement, and compliance to align financial strategies with agency goals.
  • Monitor Financial Performance : Monitor and report on financial performance against approved budgets, identifying risks and opportunities.
  • Procurement and Contract Support : Support procurement and contract negotiations with vendors from a financial perspective.
  • Life Cycle Cost Analysis : Analyze life cycle costs and support cost-benefit evaluations for new security initiatives and technology acquisitions.
  • Financial Viability Evaluation : Assist in evaluating the financial viability of new security products or enhancements.
  • Reporting and Briefings : Provide clear, concise financial reports and briefings for senior leadership and oversight bodies.
  • Process Improvement : Support continuous improvement of financial processes and systems related to security program funding and expenditure tracking.

Qualifications : Required :

  • A bachelor's degree in finance or accounting.
  • Proficiency in financial modelling, budgeting, cost analysis, and forecasting.
  • At least 2 years of relevant experience in financial analysis and reporting.
  • Excellent analytical, organizational, and communication skills.
  • Ability to manage multiple priorities and deliver results in a collaborative team environment.
  • Highly Desired :

  • Familiarity with the State Government budgeting process.
  • General understanding of technologies as it relates to product and cost analysis, especially within security.
  • Experience working with financial management systems and tools (Microsoft Office, Excel).
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