Applied Research Associates Inc

Financial Analyst

Applied Research Associates Inc$125K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or related field.
  • U.S. citizenship required.
  • Minimum of a SECRET government clearance.
  • 2-4 years of relevant financial experience.
  • Understanding of federal and DoD financial management processes, including PPBE, budget execution, and spend plan management.
  • Strong attention to detail and organizational skills.

Responsibilities

  • Assist in overseeing budget formulation and execution for the Office of the Undersecretary of War.
  • Maintain and update Reconciliation Funding Spend Plan to track contract and vendor information.
  • Monitor execution metrics against fiscal goals and report potential shortfalls to leadership.
  • Draft variance reports and justifications for unmet execution targets or spend plan adjustments.
  • Assist in reconciling financial records to ensure alignment with accounting systems.

Benefits

  • Comprehensive health benefits including medical, dental, and vision.
  • Retirement plans with possible employer contributions.
  • Professional development opportunities and educational assistance.
  • Flexible work arrangements and paid time off policies.
  • Wellness programs and resources for employee support.
Full Job Description
The Mission Concepts and Capabilities (MCC) Division of Applied Research Associates, Inc. (ARA) has an exciting opportunity for two full-time Financial Analysts working fulltime on-site at a location in the Arlington or Falls Church, VA area. The potential candidate will provide support to the Office of the Undersecretary of War for Acquisition and Sustainment, Office of the Director of Business Operations by providing expertise for all Planning, Programming, Budgeting, and Execution (PPBE) activities. The ideal candidates will assist in the day-to-day tracking of budget execution, maintaining spend plans, and ensuring funds are obligated efficiently. This role requires a strong foundation in financial tracking and the ability to draft clear, professional updates and justifications for leadership regarding funding status.

Essential Functions:

  • Assist the Office of the Undersecretary of War for Acquisition and Sustainment, Office of the Director of Business Operations oversee budget formulation and execution of the office's appropriated budget to meet and exceed Comptroller execution benchmarks

  • Budget Execution: Maintain and update the Reconciliation Funding (e.g., One Big Beautiful Bill Act) Spend Plan, ensuring all contract and vendor information is accurately tracked and reported.
  • Performance Tracking: Monitor execution metrics against fiscal goals (e.g., tracking the 50% execution target) and alerting leadership to potential shortfalls.
  • Reporting & Justifications: Draft clear, accurate variance reports and justifications when execution targets are not met or when spend plans require adjustment.

  • Data Reconciliation: Assist senior analysts in reconciling financial records, verifying commitments, obligations, and expenditures align with official accounting systems.


Required Skills:

  • Bachelor's Degree in Finance, Accounting, Economics, Business Administration, or a related field.
  • Applicant must be a U.S. citizen.
  • Must have a minimum of a SECRET government clearance.
  • 2-4 years of relevant experience in the financial field.
  • Foundational understanding of federal and DoW financial management, including the PPBE process, budget formulation, budget execution, spend plan management, funds distribution, and execution-year monitoring. Familiarity with major appropriation types, including O&M, RDT&E, Procurement, and related period-of-availability rules. Basic knowledge of funds-control principles, including purpose, time, and amount; commitments, obligations, expenditures, and unobligated balances; execution phasing; variance analysis; unfunded requirements; and documentation needed to support audit readiness and leadership decision-making.
  • Strong attention to detail, strong organizational skills, and the ability to write clear, concise official staff updates (BLUF format).


Preferred Skills:

  • Advanced proficiency in Microsoft Excel (PivotTables, VLOOKUPs, data formatting). Familiarity with DoW financial systems (e.g., DAI, GFEBS, or DEAMS) is highly desirable.


Compensation & Benefits: Pay Ranges: From $125,000.00 - $130,000.00 per year based on years of experience, degree and any special skills and knowledge that you may bring to the position. We mostly reserve the upper half of our compensation bands for internal growth. During all call with one of our recruiters or hiring managers, they can further clarify the salary range and total compensation. ARA offers competitive benefits that address our employees' needs now and in the future. Learn more about each of our benefits at https://www.ara.com/benefits/

Please apply at www.careers.ara.com for the Financial Analyst position.

About Applied Research Associates Inc

Applied Research Associates, Inc. (ARA) is an employee-owned research and engineering company that provides technical solutions to complex problems in various fields, including defense, homeland security, intelligence, transportation, and energy. The company was founded in 1979 and is headquartered in Albuquerque, NM. ARA has over 1,600 employees and operates from more than 20 locations across the United States and Canada. The company's services include research and development, engineering, testing and evaluation, and consulting.
Learn more about Applied Research Associates Inc
Size
1,600 employees
Industry
Founded
1979

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