What are the responsibilities and job description for the Finance/Budget Analyst position at SRE Tech Solutions?
SRE Tech is a subcontractor for MD THINK supporting the management, design, development, testing, and implementation of this strategic Information Technology (IT) program. MD THINK is an innovative, cloud-based platform and solution enabling multiple State agencies to share and manage data in one convenient place. MD THINK modernizes all the major health and human services systems in the State of Maryland and integrates multiple state health and human services programs and applications that support the most vulnerable citizens.
Note: It is a hybrid position. At least 3 days/week on-site at Linthicum Heights, MD
Duties/ Responsibilities:
- Manage the budgeting, reporting, and forecasting processes for IT programs, projects, and initiatives ensuring accuracy and alignment with organizational financial goals.
- Ensure compliance with government financial practices, standards, and protocols promoting responsible stewardship of government funding.
- Collaborate with senior leadership to create and validate financial ledgers ensuring they align with yearly and quarterly budget readiness exercises.
- Track and manage contract financials including Contract Line Item Numbers (CLIN) and Resource Management Work Breakdown Structure (WBS).
- Assist program and project managers in capturing funding requirements and monitoring expenditures.
- Support audits by tracking and reporting expenditures ensuring financial transparency throughout the fiscal year.
- Prepare and present detailed financial reports to senior leadership on budget execution line items and pending expenditures.
- Coordinate yearly and quarterly budget execution plans in partnership with resource managers and department leads.
- Develop and maintain annual spending plans monitoring fund balances and ensuring compliance with company and government regulations.
- Track financial burn rates and work closely with division leads to monitor program and project expenditures.
- Ensure accurate tracking and execution of financial obligations.
- Assist with maintaining hardware and software support agreements coordinating contract renewals, recompetes, and maintenance.
- Manage organizational tasks related to financial obligations including the obligation and de-obligation process for current and future fiscal years.
- Use the Financial Management Information System (FMIS) to manage budgeting and financial tracking requirements. Use FMIS to monitor expenditures ensuring that invoices are posted correctly and follow up with vendors to resolve any issues.
- Collaborate with internal and external stakeholders to ensure financial obligations are met on time and within budget.
- Perform independent analysis and handle complex tasks with minimal supervision while providing guidance and oversight to junior staff when necessary.
Experience:
- Minimum 6 years of experience in budget formulation, analysis, and execution.
- Bachelor’s degree in business, accounting, mathematics, or a related field; coursework in economics and statistics are helpful.
- Proficient in Microsoft Office Products specifically Excel, Google Sheets, and Smartsheets.
- Proficiency in analytical thinking, data analysis.
- Knowledge of Federal and state budget process, appropriations law.
- Excellent attention to detail, math and writing skills, communication, and time management skills
Job Type: Contract
Pay: $50.00 per hour
Expected hours: 40 per week
Schedule:
- 8 hour shift
- Monday to Friday
Ability to Relocate:
- Linthicum Heights, MD 21090: Relocate before starting work (Required)
Work Location: Hybrid remote in Linthicum Heights, MD 21090
Salary : $50