Budget Analyst III

Description

Job Title: Budget Analyst III

Department: Operations – Services

Reports To: Raven Tek Manager

Location: Norfolk, VA

Schedule: Monday – Friday

Hours: Full-time, 40-hours/week

FLSA Status: Hourly, Nonexempt

Clearance: Secret

The Budget Analyst III supports financial operations for a complex IT program by providing detailed budget tracking, forecasting, and analysis. This role ensures alignment with DoD regulations and organizational goals by managing financial data across multiple systems and program areas. The performance of the Budget Analyst III position is key to Raven Tek's performance on the contract, and therefore Raven Tek's mission to support the customer.

• Analyze program requirements to determine financial resource needs.
• Track program spending and monitor resource utilization for multiple IT initiatives.
• Measure actual performance against budget and identify trends.
• Analyze impacts of missed or delayed deliverables on financial projections.
• Prepare forecasts, spending reports, and recommendations for budget allocations.
• Draft program documentation to support financial activities.
• Present findings to higher-level management and stakeholders.
• Review and monitor performance metrics and financial data.
• Adhere to DoD financial regulations and compliance requirements.
• Track expenses, inventories, and budget balances using financial systems.
• Utilize data analytics and modeling tools to assess and project program needs.
• Ensure budgetary compliance with federal and DoD regulations.
• Support procurement and contracting financial coordination.
• Enter actual time worked, once complete, at the end of the day, or no later than 10:00 a.m. the following workday, and submit timesheets at the end of each pay period.
• Provide Monthly Status Report (MSR) to the Raven Tek Program Manager by the deadline provided?
• Monitor Raven Tek email on a regular basis, at least 3 times per week, and respond accordingly.
• Complete required compliance training as assigned.
• Ability to travel on an as needed basis up to 10%.
• Other duties as assigned.

• Strong financial analysis and modeling capabilities.
• Must have understanding of federal budgeting processes and government financial systems.
• Must have understanding of DoD financial regulations and compliance requirements.
• Knowledge of procurement and government contracting principles.
• Ability to manage finances across diverse systems and contracts.
• Experience with performance metrics, forecasting, and trend analysis.
• High attention to detail and ability to manage complex datasets.
• Strong communication and presentation skills for financial data.
• Proficiency in Excel and other financial reporting and ERP systems.

• Bachelor’s degree in Business Administration, Finance, Accounting, or related field.
• Minimum 5 years’ experience in budget analysis or financial management.
• Experience supporting government or DoD programs preferred.

• CompTIA Security+ CE.
• Certified Defense Financial Manager (CDFM) desired.
• Certified Public Accountant (CPA) desired.

• Must be able to obtain and maintain Secret level security clearance.

Employee will be working indoors in an office environment with other people. Potential moderate temperature fluctuations. Typical indoor and computer related noise level, and typical office, paper, and equipment related dust. Exposure to video display terminals occurs on a regular basis.

To successfully perform the essential functions of the job, the employee needs to be able to sit at a workstation for extended periods; use hand(s) to handle or feel objects, tools, or controls; reach with hands and arms; talk and hear; see to read printed materials and computer screens; mobility to work in a typical office setting. Ability to work on desktop or laptop computer for extended periods of time reading, reviewing/analyzing information, and may be required to provide recommendations, summaries and/or reports in written format.

Must be able to effectively communicate with others verbally and in writing. Employee…