IT Financial Analyst

09 Jun 2024

Vacancy expired!

3 days onsite, 2 days remote. The client is looking for a successful candidate to serve as Business/Technical Finance Analyst to support programs across the agency. The purpose of this position is to assist the program managers with a broad knowledge of well-established financial and accounting controls consistent with the agency financial rules and regulations. Candidate will also be required to leads business impact analysis efforts by interviewing agency business and technical systems owners, to include senior executives. Interface with internal agency technical staff to convey an understanding of customer business systems in technical and fiscal terms. Ultimately responsible for the quality and comprehensiveness of project documentation artifacts, to include, but not limited to, customer questionnaires, business impact analysis and financial reports.

Responsibilities – Financial Analysis
  • Plans, coordinates and performs comprehensive reviews, special studies, and selective internal examinations of Finance and Accounting functions on a recurring basis.
  • Reviews, analyzes, classifies, and reconciles financial reports related to transactions, and commitment and obligation documents. Regularly reconciles accounts and adjusts them to reflect outstanding balances.
  • Prepares statements, reports, schedules, and comparative analyses for accounts with extensive supporting schedules, subdivisions, intermediate summaries, and frequent and varied adjustments to balance and reconcile them.
  • Maintains vendor management relationship and responds to all vendor calls within timeframe stated in agency policies and procedures. Participates in weekly staff meetings as required.
  • Examines IT contracts and vendor invoices submitted for payment against encumbrance documents and receipt documents. Resolve discrepancies with vendors.
  • Analyzes and prepares recurring and special financial reports on the causes of adjustment actions, determines the source of processing deficiencies, and recommends corrective procedures.
  • Assist team with managing and responding to financial audits
  • Investigates resolves problems associated with processing of invoices and purchase order requests
  • Reviews and resolves a variety of routine inter and external inquiries concerning account/PO/suppliers’ status, including communicating the resolution of discrepancies to appropriate persons.
  • Assist in ad hoc projects as needed in team.
  • Responsible for drafting customer questionnaires, conduct integrated teaming sessions, draft associated technical documentation; perform general business analysis activities; and develop and/or assist in the development of technical documentation related to project activities.
  • Documents accurate use cases and user stories based on customer requirements as necessary.

KNOWLEDGE REQUIRED BY THE POSITION
  • Professional experience in public sector finance and budgeting with a focus on accounting procedures and techniques to enter, gather and retrieve data from an enterprise, high transaction accounting system that tracks the financial transactions from different programs. The resource would have knowledge of well-established accounting principles, techniques and regulations to process a wide variety of transactions.
  • Must have strong interpersonal and communication skills and the ability to interface with a wide audience ranging from senior executives and associated business personnel to software developers, testers, database architects, and systems engineers. Displays a high degree of adaptability, flexibility, and willingness to assist fellow team members. Extremely strong critical thinking skills.
  • Must demonstrates knowledge and ability to analyze the interrelationship of accounts that are affected by varied transactions to monitor accounts.
  • Ability to exercise tact and discretion, respond to inquiries in a timely manner and prioritize multiple projects. Knowledge of business and administrative processes as well as demonstrated proficiency in using Microsoft Office and familiarity with financial management and procurement systems.
  • Intermediate proficiency in Microsoft office suite, financial applications, and strong focus on creating databases and reports
  • Preferred Bachelor’s degree in Finance and Accounting or commensurate experience

Skill Required 6-8 yrs. MS Office Required 5 Years Proven experience managing the financial solvency for a multi-year grant funded (state and federal) project, withProven experience managing the financial solvency for a multi-year grant funded (state and federal) project, with multiple cost allocations.Proven experience developing and maintaining an Advanced Planning Documents.Proven experience with managing and balancing expenditures/accruals for projects with numerous funding sources and cost allocation (state/federal)Proven experience with identifying and mediating funding risks and issuesExpert skill in excel reports and dashboards.Proven experience with tracking funding re-programming for a grant funded project (district preferred).Experience providing an analysis on burn-rates and mapping deliverables to budget lines.Experience as an IT Business Analyst6-10 yrs. business process re-engineering experienceBachelor’s degree in IT or related field or equivalent experience