Position SummaryThe Financial Analyst is responsible for managing the financial planning, budgeting, and procurement processes for all software and hardware acquisitions. This role ensures cost-effective purchasing, contract compliance, accurate financial forecasting, and strong vendor relationships, while partnering closely with program, IT, and contracts teams to support organizational technology needs.
Key Responsibilities- Lead end-to-end financial management of software and hardware procurement, including budgeting, forecasting, and cost tracking.
- Develop and manage procurement budgets; monitor spend against budget and report variances.
- Review, negotiate, and approve purchase requisitions, purchase orders, and vendor contracts/renewals for IT assets.
- Partner with IT, program managers, and contracts/legal to align procurement activity with project and contract requirements.
- Analyze vendor pricing, licensing models, and total cost of ownership to identify cost-saving opportunities.
- Maintain accurate financial records for capital and operating expenditures related to technology purchases.
- Ensure compliance with company policies, government contracting requirements (e.g., FAR/DFARS, as applicable), and audit standards.
- Track asset lifecycle costs, including depreciation, renewals, and disposal, in coordination with IT asset management.
- Prepare financial reports, forecasts, and ad hoc analyses for leadership on procurement spend and trends.
- Manage relationships with software/hardware vendors and resellers, including invoice reconciliation and dispute resolution.
- Support month-end/year-end close activities related to procurement accruals and capitalization.
Required Qualifications- Bachelor's degree in Finance, Accounting, Business Administration, or related field. Associate degree +2 years additional relevant experience, or 4 years additional relevant experience can be substituted.
- 4+ years of experience in financial management, procurement, or contract finance, preferably supporting IT/technology purchasing.
- Strong understanding of procurement processes, vendor contracts, and software licensing structures.
- Proficiency in financial systems and ERP tools (e.g., [Insert: SAP, Oracle, Deltek, etc.]).
- Advanced Excel skills; experience with financial reporting and budgeting tools.
- Excellent analytical, negotiation, and communication skills.
- Secret clearance
Preferred Qualifications- Experience in a government contracting environment (federal, DoD, civilian agency).
- Familiarity with FAR/DFARS procurement regulations.
- Experience with IT asset management or software asset management (SAM) tools.
Compensation RangesCompensation ranges for ASM Research positions vary depending on multiple factors; including but not limited to, location, skill set, level of education, certifications, client requirements, contract-specific affordability, government clearance and investigation level, and years of experience. The compensation displayed for this role is a general guideline based on these factors and is unique to each role. Monetary compensation is one component of ASM's overall compensation and benefits package for employees.
DisclaimerThe preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.
