Financial Analyst

Potomac Management Solutions

$70K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial analysis or related field
  • BA/BS in Finance, Economics, or equivalent experience
  • Expertise in evaluating IT budgets and spending patterns
  • Proficiency in Microsoft Excel for financial modeling
  • Strong analytical and problem-solving skills
  • Experience in cost modeling and optimization
  • Ability to assess vendor agreements and licensing utilization

Responsibilities

  • Evaluate IT budgets and spending patterns to ensure efficient allocation
  • Perform cost analysis and identify opportunities for savings
  • Review vendor contracts and assess pricing for redundancies
  • Prepare detailed financial reports on expenditures and balance remaining
  • Conduct comparative analyses against peer federal agencies
  • Identify inefficiencies in financial performance metrics
  • Develop recommendations for cost optimization

Benefits

  • Onsite position at FMC Headquarters in Washington, DC
  • Limited offsite support as coordinated
  • Collaborative work environment
  • Opportunity to influence IT financial decision-making
  • Engagement with federal agency financial practices
Full Job Description
Location: FMC Headquarters, Washington, DC (Onsite with limited offsite support as coordinated)
Qualifications and Experience/Education:
Financial Analysis Expertise: Evaluates IT budgets, spending patterns, contract utilization, and licensing costs.
Cost Modeling & Optimization: Performs cost analysis, variance analysis, and identifies opportunities for cost savings and efficiency.
Contract & Licensing Review: Assesses vendor agreements, pricing models, and license utilization to identify redundancies.
Data Analysis Tools: Advanced proficiency in Microsoft Excel for financial modeling and reporting.
Benchmarking & Comparative Analysis: Compares financial performance against similarly sized federal agencies to identify inefficiencies.
Reporting & Compliance: Develops monthly financial reports, including expenditures to date and balance remaining.
Soft Skills: Strong analytical, problem-solving, and communication skills.
Experience:5-7 years; BA/BS in Finance, Economics, or related field (or equivalent experience)

Similar Jobs

More Jobs at Potomac Management Solutions

  • Database Developer
    $90K — $130K *
    Washington, DC 20011 (District Of Columbia County)
    Information Technology
    In-Person
  • Financial Analyst
    $70K — $95K *
    Washington, DC 20011 (District Of Columbia County)
    Finance & Insurance
    In-Person
  • Cybersecurity SME / Information Security Analyst
    $90K — $130K *
    Washington, DC 20011 (District Of Columbia County)
    Information Technology
    In-Person
  • Enterprise / Solutions Architect
    $120K — $150K *
    Washington, DC 20011 (District Of Columbia County)
    Enterprise Technology
    In-Person
  • Project Manager
    $90K — $120K *
    Washington, DC 20011 (District Of Columbia County)
    Information Technology
    In-Person

More Finance & Insurance Jobs

Find similar Financial Analyst jobs: