IT Product Financial Analyst

IT Product Financial Analyst

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.

Required/Desired Skills:

• Bachelors degree in Finance or Accounting
• Proficiency in financial modeling, budgeting, cost analysis, and forecasting.
• Excellent analytical, organizational, and communication skills.
• Ability to manage multiple priorities and deliver results in a collaborative team environment.
• Familiarity with State Government budgeting process.
• General Understanding of technologies as it relates to product and cost analysis (esp within security).
• Experience working with financial management systems and tools(Microsoft Office)