Senior Financial Analyst
Company: Merit 321
Location: Washington
Posted on: May 27, 2023
Job Description:
Position: Senior Financial Analyst
Location: Washington DC
Clearance Requirement: TOP SECRET (Active)
Summary:
The Financial Analyst performs complex data modeling and financial
analysis. The Financial Analyst gathers, interprets, and evaluates
financial information and develops recommendations to achieve the
Unit and/or Sections financial objectives. Performs a variety of
budgetary functions implementing the organizations budgetary
program, policies, and procedures. Provides support in the areas of
budget, billing, reporting and financial management for initiatives
of various projects, Units and Sections. Provide insight on
financial trends, suggest optimization strategies, and offer
insight into potential business models. The Financial Analyst
support consists of Senior Financial Analyst, Intermediate
Financial Analyst and Junior Analyst.
Work Description:
- Develop and assist in the management of annual budgets for
operating and capital expenses.
- Provide information to management by assembling and summarizing
data; preparing reports; making presentations of findings analyses
and recommendations.
- Calculate intermediate figures such as percentages, discounts,
and/or commissions. Conducts basic financial analysis.
- Assist in the development of plans and budgets for operating
and capital expenditures.
- Forecast management plans and prepares monthly performance,
explaining variances.
- Assist in determining financial consequences of alternative
methods, plans and strategies.
- Develop, formulate, and revise budget request from various
Programs, Units and Sections.
- Consolidate the accuracy of budget estimates using statistical
techniques (extensions, averages, trend analysis of historical
data, etc.). Monitors and tracks obligations and expenditures for
assigned activity accounts on related budgetary forms, schedules,
and reports.
- Verifies that obligations and expenditures occur on a timely
basis in accordance with the annual spend plan and regulatory
contracts and are within amounts programmed.
- Develop corrective financial action plans, as required, that
support project policies, procedures, and goals.
- Participate in change management and contingency management
processes.
- Prepare budget and cost reports for submission to
management.
- Review cost data with management and coordinate resolution of
concerns with other team members.
- Determining solutions and/or implementing enhancements to
implementing enhancements to improve business intelligence
reporting.
- Identifies and proposes solutions to management problems
characterized by their breadth, important, and severity.
Senior Financial Analyst Qualifications:
The Senior Financial Analyst shall have the following
qualifications:
- Bachelor's degree from an accredited university or college with
eight (8) years or more of financial analyst, budget formulation
and budget execution experience. Educational requirement may be
waived if the candidate has ten (10) or more years of
experience.
- Eight (8) years or more experience in performing financial
calculations such as time Value of Money, Annual Net Present Value,
Internal Rate of Return, Periodic Amortization, and using financial
calculator and excel spreadsheets.
- Eight (8) years or more experience calculating complex figures,
forecast and prepare budgets and conducts financial/business
analysis including the preparation of reports.
- Eight (8) years or more of experience analyzing and applying
problem solving methods to identify complex problems, draw
conclusions, make recommendations, and provide solutions to improve
efficiency and effectiveness.
- Ability to calculate advanced financial figures such as
percentages, discounts, and commissions.
- In-depth knowledge of financial terms and principles.
EEO:
It is the policy of Merit321 to provide equal opportunity in
recruiting, hiring, training, and promoting individuals in all job
categories without regard to race, color, religion, national
origin, gender, age, disability, genetic information, veteran
status, sexual orientation, gender identity, or any other protected
class or category as may be defined by federal, state, or local
laws or regulations.
Keywords: Merit 321, Washington DC , Senior Financial Analyst, Accounting, Auditing , Washington, DC
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