IT Product Financial Analyst - Richmond, VA / Hybrid

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.