IT Product and Financial Analyst

IT Product Financial Analyst

The Virginia Information Technologies Agency (VITA) is seeking an IT Product Financial Analyst to support the financial management of security-related products and services. This position is ideal for a junior-level finance professional with strong analytical skills and a foundational understanding of technology or IT operations. The selected candidate will play a key role in budgeting, forecasting, and cost management for IT security initiatives. Training will be provided on specific security products and systems.

Required Qualifications

• Bachelors degree in Finance or Accounting (required).
• Strong understanding of budgeting, forecasting, and financial reporting.
• Analytical mindset with the ability to interpret complex financial data.
• General understanding of information technology and security domains preferred.
• Proficiency in Excel and other financial analysis tools.
• Strong communication and collaboration skills.

Key Responsibilities

• Conduct detailed financial analysis, forecasting, and reporting for IT security products and services.
• Develop and maintain budgeting models to support funding requests, cost tracking, and performance evaluation.
• Collaborate with IT security, procurement, and compliance teams to align financial strategies with agency objectives.
• Monitor and report financial performance vs. approved budgets, identifying risks, variances, and opportunities.
• Support procurement and contract negotiations from a financial standpoint.
• Analyze life cycle costs and perform cost-benefit assessments for new security initiatives and technology acquisitions.
• Assist in evaluating the financial viability of proposed security products or enhancements.
• Prepare and deliver financial reports, presentations, and briefings for senior leadership and oversight agencies.
• Support process improvement initiatives to enhance financial systems, reporting, and expenditure tracking.

Ideal Candidate Profile

• Entry-level to early-career finance professional.
• Passion for applying financial expertise within a technology/security environment.
• Eager to learn IT product financial management in a government or enterprise-scale organization.