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Financial Analyst
Westat Rockville, MD
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$86k-106k (estimate)
Full Time 1 Week Ago
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Westat is Hiring a Financial Analyst Near Rockville, MD

Job DescriptionWestat is an employee-owned corporation providing research services to agencies of the U.S. Government, as well as businesses, foundations, and state and local governments. Westat's research, technical, and administrative staff of more than 2,000 is located at our headquarters in Rockville, Maryland, near Washington, DC.Westat is committed to building a diverse workforce and a culture of inclusivity, belonging and equity for all. We believe that our greatest strength draws on the different backgrounds, cultures, perspectives and experiences of our employees.Job Summary:Westat is seeking a highly skilled and experienced Financial Analyst to support financial planning, analysis, and reporting as part of Westat's FP&A Team. Reporting to the Senior Finance Manager of Reporting and Indirect, the ideal candidate will bring a deep understanding of financial management principles, government regulations, and a proven track record of supporting financial oversight within the context of government contracts.This position has a hybrid work schedule to work 2-3 days at our office in Rockville, MarylandJob Responsibilities:Contribute to multiple departments' planning, reporting, and analysis functions.Strategic and long-range planning for divisions and corporate requirements.Provide financial analysis and reporting on controllable metrics and measurements for divisional roll-ups.Coordinate, validate, and consolidate information for monthly, quarterly, semi-annual, and annual budgeting and forecasting.Collaborate with team and department leads to develop annual budgets aligned with organizational goals.Conduct financial forecasting to anticipate and address potential challenges related to indirect costs. Analyze trends, assess potential risks, and identify opportunities for financial improvement.Provide insightful financial analysis to support decision-making processes.Use models to simulate different financial scenarios and assess their impact on the organization's financial health.Communicate financial insights and trends to non-financial stakeholders in a clear and understandable manner.Drive companywide financial literacy initiative.Improve and standardize budget and reporting processes and document procedures.Other duties as assigned by FP&A leadership or the CFO.Basic Qualifications:Typically requires a bachelor's degree or and equivalent combination of education and experience and at least 5 years of experience in Government Contracting Finance.Experience with Deltek Costpoint and/or TM1 or similar forecasting tools.Familiarity with US government regulations concerning cost accounting standards.Demonstrated experience with Excel for data manipulation and analysis such as pivot tables, lookups, etc.Familiarity with different Indirect Rate applications.Preferred Qualifications:Experience facilitating financial literacy training across the company.Experience interfacing with senior executives.Other Required Qualifications:Demonstrated communication skills.Attention to quantitative detail.Collaboration with teams, managers and/or clients.Organization skills, including time management ability.Westat offers a well-rounded and comprehensive benefits program focused on wellness and work/life balance. Subject to plan requirements, employees may participate in:Employee Stock Ownership Plan401(k) Retirement PlanPaid Parental LeaveVacation Leave (15 days per year)Sick Leave (10 days per year)Holiday Leave (7 Government Holidays and 2 Floating Holidays)Professional DevelopmentHealth AdvocateEmployee Assistance ProgramTravel Accident InsuranceMedical InsuranceDental InsuranceVision InsuranceShort Term Disability InsuranceLong Term Disability InsuranceLife and AD&D InsuranceCritical Illness InsuranceSupplemental Life InsuranceFlexible Spending AccountHealth Savings AccountThis opportunity will be posted for a minimum of 5 days and applications will be accepted on an ongoing basis.Westat is an Equal Opportunity Employer and does not discriminate on the basis of race, creed, color, religion, sex, national origin, age, veteran status, disability, marital status, sexual orientation, citizenship status, genetic information, gender identity or expression, or any other protected status under applicable law.#LI-WST1#J-18808-Ljbffr

by Jobble

Job Summary

JOB TYPE

Full Time

SALARY

$90k-111k (estimate)

POST DATE

04/28/2024

EXPIRATION DATE

05/13/2024

WEBSITE

westat.com

HEADQUARTERS

ROCKVILLE, MD

SIZE

1,000 - 3,000

FOUNDED

1963

TYPE

Private

CEO

JAMES E SMITH

REVENUE

$500M - $1B

INDUSTRY

Business Services

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Westat provides statistical research, survey methods and social marketing services for businesses and foundations.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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