Financial Analyst

Potomac Management Solutions • Washington, DC

3d • Onsite

About The Position

The Financial Analyst will evaluate IT budgets, spending patterns, contract utilization, and licensing costs. This role involves performing cost analysis, variance analysis, and identifying opportunities for cost savings and efficiency. The analyst will also assess vendor agreements, pricing models, and license utilization to identify redundancies. Additionally, the position requires developing monthly financial reports, including expenditures to date and balance remaining, and comparing financial performance against similarly sized federal agencies to identify inefficiencies.

Requirements

• Financial Analysis Expertise
• Cost Modeling & Optimization
• Contract & Licensing Review
• Advanced proficiency in Microsoft Excel for financial modeling and reporting.
• Benchmarking & Comparative Analysis
• Reporting & Compliance
• Strong analytical, problem-solving, and communication skills.
• 5–7 years of experience
• BA/BS in Finance, Economics, or related field (or equivalent experience)

Responsibilities

• Evaluates IT budgets, spending patterns, contract utilization, and licensing costs.
• Performs cost analysis, variance analysis, and identifies opportunities for cost savings and efficiency.
• Assesses vendor agreements, pricing models, and license utilization to identify redundancies.
• Develops monthly financial reports, including expenditures to date and balance remaining.
• Compares financial performance against similarly sized federal agencies to identify inefficiencies.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1-10 employees