VITA - IT Product & Financial Analyst (Hybrid) in Richmond

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Job DescriptionJob Description

IT Product Financial Analyst

ON SITE Required : 3 days / week required. VITA has parking at no cost to contractors.

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. Train will be provided to 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. This is a short-term contract to start off. Scheduled end date is April 30th with no guarantee to be extended.

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.

Bachelors degree in Finance or AccountingRequired Proficiency in financial modeling, budgeting, cost analysis, and forecasting.Required2YearsExcellent analytical, organizational, and communication skills.Required2YearsAbility to manage multiple priorities and deliver results in a collaborative team environment.Required2YearsFamiliarity with State Government budgeting process.Highly desired2YearsGeneral Understanding of technologies as it relates to product and cost analysis (esp within security).Highly desired2YearsExperience working with financial management systems and tools (Microsoft Office)Highly desired2Years

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