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Senior Budget Analyst

Job ID: 2019471
Location: RICHMOND, VA, United States
Date Posted: Dec 15, 2020
Category: Business Management
Subcategory: Finance
Schedule: Full-time
Shift: Day Job
Travel: No
Minimum Clearance Required: None
Clearance Level Must Be Able to Obtain: None
Potential for Remote Work: Yes
Benefits: Click here

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Job Description

Description

About the SAIC MSI Program

Science Applications International Corp. (NYSE: SAIC) has been awarded a $165 million contract by the Commonwealth of Virginia to serve as a multisourcing service integrator (MSI). Under the contract, SAIC will provide an innovative approach to assist the Virginia Information Technologies Agency (VITA) with modernizing the state’s technology infrastructure. Under the contract, SAIC will coordinate and monitor multiple IT infrastructure services suppliers for state executive branch agencies. The MSI is the cornerstone of a strategy that will diversify the state’s portfolio of suppliers, improve service delivery quality, ensure cost-competitiveness, and provide transparency and accountability into the commonwealth’s service delivery platform.

 

This is a 100% Remote / Work from home role at present, but Richmond Virginia office work location will resume once a return to work date has been reached.  

 

SAIC is seeking a Senior Budget Analyst to support the Virginia IT Agency (VITA) multisource supplier integrator (MSI) program in Richmond, VA.  . The Senior Budget Analyst is responsible for developing and updating a quarterly forecast (current fiscal year plus three additional) for the consumption of suppliers’ IT services for the executive branch agencies of the Commonwealth of Virginia (COV).  This includes generating chargeback rates for these services based on suppliers’ contracted rates and VITA’s overhead and providing a financial forecast based on forecast consumption volumes and rates. 

 
Duties to include: 
 
  • Customer Deliverable Oversight and Process Improvement
    • Develop deliverable timelines with customer and ensure internal processes and work products are managed to meet established timelines.
    • Engage customer personnel to achieve timely decisions and input to ensure deliverables are completed in a timely and accurate way.
    • Review junior analyst deliverables for accuracy.
    • Facilitate reviews with SAIC and customer leadership.
    • Lead continuous improvement activities.
    • Serve as escalation point of contact and primary accountable for budget and forecasting deliverables and process.
  • Quarterly Forecasting
    • Coordinate the capture of consumption and financial actuals from the IT Financial Management application and inclusion of these actuals into the forecast. 
    • Develop initial baseline forecasts each quarter, based on extrapolation of actuals and/or manual adjustments.
    • Modify the initial baseline forecasts based on input from IT service owners and suppliers
    • Coordinate the twice-a-year distribution of the modified baseline forecasts to executive agencies, and collection and integration of agency updates to their forecast.
    • Review forecasts at the agency and aggregate level, identify issues and anomalies, and work with the VITA Finance team to adjust forecasts as needed.
    • Document exceptions to the forecast process (e.g., non-standard forecast treatment of some services) and apply those exceptions (with VITA oversight) in the forecast process
    • Package the forecast in an agreed format and deliver to VITA Finance by the quarterly due date (Note: late submissions carry financial penalties for SAIC)
  • Rates Development
    • Annually, and more frequently at the request of VITA, generate chargeback rates for IT services included in the quarterly forecast
    • Populate and run the rates model with consumption volumes from the most recent forecast; overhead and other costs to be allocated to the chargeback rates are provided by VITA Finance
    • Review the rates model with VITA and make adjustments based on VITA guidance
  • Reporting and Administration
    • Develop and present to VITA Finance an Executive Summary for each quarterly forecast.  The Exec Summary will include details of methodology, exceptions, issues, variances, trends, and notable findings.
    • With VITA Finance, provide briefings to executive agencies on how to participate in the forecast process
    • Maintain and update, as needed, the Service Management Manual (SMM) and work instructions that document the process and roles of the forecast process
    • Suggest, review, and help implement forecast process improvements
  • Tools
    • With the MSI tools team, maintain and propose enhancements to the forecast toolset

Qualifications

Education and/or Work Experience Requirements:
 
    • Bachelor’s Degree in finance, accounting, IT or similar with 14+ years of relevant experience. Preference for someone to have experience in a large and complex IT organization. May consider an additional 4 years of experience in lieu of a degree.  
    • 8+ years of experience using an enterprise budget and forecast application; Apptio experience a plus
    • Exceptional verbal, written and presentation skills
    • Exceptional skills with MS Excel
    • Competency in other Microsoft applications, SharePoint, Project, and Visio
    • Exceptional attention to detail
    • Ability to work on tight deadline 







Overview

SAIC is a premier technology integrator solving our nation's modernization and readiness challenges. Our offerings across defense, space, civilian, and intelligence markets include high-end solutions in engineering, IT, and mission outcomes. We integrate the best components from our portfolio with our partner's ecosystem to deliver innovative and effective solutions. We are 25,500 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, VA, SAIC has annual revenues of nearly $7.1 billion. For information, visit saic.com or Working at SAIC for benefits details. SAIC is an Equal Opportunity Employer empowering people no matter their race, color, religion, sex, gender identity, sexual orientation, national origin, disability, or veteran status. We strive to create a diverse, inclusive and respectful work culture that values all.

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