IT Product Financial Analyst
The Virginia Information Technologies Agency (VITA) is seeking an IT Product Financial Analyst to support the financial management of security-related products and services. This position is ideal for a junior-level finance professional with strong analytical skills and a foundational understanding of technology or IT operations. The selected candidate will play a key role in budgeting, forecasting, and cost management for IT security initiatives. Training will be provided on specific security products and systems.
Required Qualifications
- Bachelor’s degree in Finance or Accounting (required).
- Strong understanding of budgeting, forecasting, and financial reporting.
- Analytical mindset with the ability to interpret complex financial data.
- General understanding of information technology and security domains preferred.
- Proficiency in Excel and other financial analysis tools.
- Strong communication and collaboration skills.
Key Responsibilities
- Conduct detailed financial analysis, forecasting, and reporting for IT security products and services.
- Develop and maintain budgeting models to support funding requests, cost tracking, and performance evaluation.
- Collaborate with IT security, procurement, and compliance teams to align financial strategies with agency objectives.
- Monitor and report financial performance vs. approved budgets, identifying risks, variances, and opportunities.
- Support procurement and contract negotiations from a financial standpoint.
- Analyze life cycle costs and perform cost-benefit assessments for new security initiatives and technology acquisitions.
- Assist in evaluating the financial viability of proposed security products or enhancements.
- Prepare and deliver financial reports, presentations, and briefings for senior leadership and oversight agencies.
- Support process improvement initiatives to enhance financial systems, reporting, and expenditure tracking.
Ideal Candidate Profile
- Entry-level to early-career finance professional.
- Passion for applying financial expertise within a technology/security environment.
- Eager to learn IT product financial management in a government or enterprise-scale organization.