Budget Analyst

Torch Technologies, Inc.Huntsville, AL
1dOnsite

About The Position

Torch Technologies is seeking a Budget Analyst to provide comprehensive financial and analytical support to Government Program Lab Managers. The candidate will assist both government and contractor leads in budget preparation, cost/schedule variance analysis, and financial performance management across multiple programs and labs. The ideal candidate is detail-oriented, proactive, and possesses excellent analytical and communication skills, with a deep understanding of performance management and government funding processes. As a Budget Analyst your duties will include the following, but are not limited to: Support budgeting, cost tracking, reporting, and variance analysis for multiple labs. Collaborate with lab managers and government leads to establish and maintain budget baselines. Monitor and manage financial commitments to ensure program goals are met within scope and budget. Track labor hours by employee and labor category; assess and project burnout dates. Prepare executive-level budget presentations and reports. Analyze budget performance, identify variances, and recommend corrective actions. Estimate future budget needs in coordination with program stakeholders. Ensure timely and accurate financial reporting to internal and external stakeholders.

Requirements

  • U.S. Citizenship
  • Bachelor’s degree in business administration
  • Knowledge of contract interpretation, budget development and administration of government projects
  • Ability to obtain and maintain DoW security clearance within 3 months
  • Proficiency in Microsoft Excel, including advanced spreadsheet and analysis capabilities.
  • Excellent written and verbal communication skills.
  • Ability to manage multiple priorities and deadlines independently.
  • Detail-oriented and highly organized.

Nice To Haves

  • Experience with military service government funding and execution processes.
  • Master’s degree in management information systems to be obtained by May 2026
  • Prior Torch Technologies internship experience

Responsibilities

  • Support budgeting, cost tracking, reporting, and variance analysis for multiple labs.
  • Collaborate with lab managers and government leads to establish and maintain budget baselines.
  • Monitor and manage financial commitments to ensure program goals are met within scope and budget.
  • Track labor hours by employee and labor category; assess and project burnout dates.
  • Prepare executive-level budget presentations and reports.
  • Analyze budget performance, identify variances, and recommend corrective actions.
  • Estimate future budget needs in coordination with program stakeholders.
  • Ensure timely and accurate financial reporting to internal and external stakeholders.

Benefits

  • ESOP participation
  • 401(k) match and safe-harbor contribution
  • medical
  • dental
  • vision
  • life insurance
  • short-term disability
  • long-term disability
  • flexible spending accounts
  • Health Saving Accounts and Health Reimbursement Accounts
  • EAP
  • education assistance
  • paid time off
  • holidays
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