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Federal Financial Analytics Jobs in Rhode Island

Bcbsri

Lead Strategic Finance Analyst

Providence, RI · On-site +1

$102K - $163K/yr

Lead financial modeling and analytics to support provider and vendor valuebased care (VBC) program ... Knowledge of Federal Acquisition Regulations and Cost Accounting Standards. The extras:

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Federal Financial Analytics information

What are the key skills and qualifications needed to thrive in federal financial analytics, and why are they important?

To thrive in Federal Financial Analytics, you need strong analytical abilities, expertise in federal budgeting and accounting principles, and a background in finance or economics, often supported by a relevant degree. Familiarity with federal financial systems such as Oracle Federal Financials, data visualization tools like Tableau, and certifications like Certified Government Financial Manager (CGFM) are highly valuable. Attention to detail, critical thinking, and effective communication help professionals interpret complex data and present actionable insights to stakeholders. These skills are crucial for ensuring compliance, transparency, and informed decision-making in federal financial management.

What is federal financial analytics?

Federal Financial Analytics refers to the analysis of financial policies, regulations, and trends that affect federal agencies and the broader financial services industry. Professionals in this field study government actions, such as legislation or regulatory changes, and assess their impact on banks, markets, and the economy. Organizations or specialists in federal financial analytics often provide research, reports, and strategic advice to help clients navigate complex federal financial landscapes. This work is crucial for compliance, risk management, and informed decision-making.

How does a professional in federal financial analytics typically collaborate with government agencies and other stakeholders?

Professionals in Federal Financial Analytics frequently work in cross-functional teams, collaborating closely with various government agencies, auditors, and policy makers. They are often responsible for interpreting and communicating complex financial data to both technical and non-technical stakeholders, ensuring compliance with federal regulations. These roles require regular meetings, presentations, and written reports to align on budget forecasts, program funding, and audit findings. Effective communication and teamwork are crucial, as decisions based on their analysis can impact public programs and agency operations.

What is the difference between Federal Financial Analytics vs Federal Budget Analyst?

AspectFederal Financial AnalyticsFederal Budget Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; often certifications like CFA or CPABachelor's degree in finance, public administration, or related; sometimes CPA or CPA prep
Work EnvironmentGovernment agencies, financial institutions, consulting firmsFederal agencies, government offices, legislative bodies
Industry UsageFinancial analysis, policy evaluation, risk assessmentBudget planning, resource allocation, fiscal policy
Common Search/ComparisonYesNo

Federal Financial Analytics focuses on analyzing financial data, assessing risks, and providing strategic insights for decision-making. In contrast, Federal Budget Analysts primarily handle budget formulation, resource allocation, and fiscal planning within government agencies. While both roles require financial expertise and often similar credentials, their core responsibilities and work environments differ significantly.

What are popular job titles related to Federal Financial Analytics jobs in Rhode Island? For Federal Financial Analytics jobs in Rhode Island, the most frequently searched job titles are:
What job categories do people searching Federal Financial Analytics jobs in Rhode Island look for? The top searched job categories for Federal Financial Analytics jobs in Rhode Island are:
What cities in Rhode Island are hiring for Federal Financial Analytics jobs? Cities in Rhode Island with the most Federal Financial Analytics job openings:
Federal Financial Analytics jobs near you

FINANCIAL ANALYST-JD3

McLaughlin Research Corporation

Newport, RI • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 17 days ago

Job description

Job Title
FINANCIAL ANALYST-JD3
Location
Newport, RI 02840 US (Primary)
Job Type / Status
Full-Time
Education
Bachelor's Degree
Clearance Level Required
Secret
Job Description
McLaughlin Research Corporation (MRC) is seeking a Financial Analyst who will support the Naval Undersea Warfare Center in Newport RI. The Naval Undersea Warfare Center (NUWC) is the United States Navy's full-spectrum research, development, test and evaluation, engineering and fleet support center for submarines, autonomous underwater systems, and offensive and defensive weapons systems associated with undersea warfare. The successful candidate must possess excellent communication and interpersonal skills, and should be comfortable working in a fast-paced, schedule driven environment.
Responsibilities:
  • Project financial data analysis, preparation of weekly/monthly/quarterly expenditure reports, facilitating funding document acceptance, processing outgoing funding document requests, assisting in project financial planning and project resource planning, correction of suspense financial transactions, and financial review of procurement requests.
  • Coordinate the acceptance of project-specific incoming funds in accordance with approved budget and governing policies, and ensure that accepted funding aligns with appropriate tasking and procurements. • Utilize information financial management systems including the Navy Enterprise Resource Planning (N-ERP) information system and Enterprise Data Warehouse (EDW) to retrieve financial data in order to track project spending via weekly, monthly, and quarterly financial reports.
  • Use financial data to develop cost forecasting and estimates for the project throughout the fiscal year in order to aid in program management decisions.
  • Use financial reports to identify project and/or organizational discrepancies and anomalies in task execution, such as labor and non-labor cost reporting, identification of erroneous charges, and overruns.
  • Work directly with Technical Project Managers (TPMs) to develop and modify startup and mid-year cost estimates, budget defenses, and inter-departmental planning for negotiation with the resource sponsor.
  • Ensure that suspense financial transactions are corrected in a timely fashion.

Requirements:
  • Bachelor's degree in business, finance, or accounting
  • Minimum 4 years' experience in a DoD Environment
  • Must be eligible to successfully obtain an Active Security Clearance - Secret Level.
  • Strong proficiency in Microsoft Excel.

PREFERRED QUALIFICATIONS:
  • N-ERP and EDW experience.

McLaughlin Research Corporation offers a competitive benefit plan to employees and their eligible family members that includes health, dental, vision, life, and disability plans, paid holidays, accrued leave, accrued vacation, 401K, profit sharing, as well as, any other state or federally required benefits.
Equal Employment Opportunity Statement:
McLaughlin Research Corporation is an Equal Opportunity and Affirmative Action Employer. It is our policy to recruit, hire, promote, and train for all positions without regard to age, race, creed, religion, national origin, gender identity, marital status, sexual orientation, family responsibilities, pregnancy, minorities, genetic information, status as a person with a disability, amnesty or status as a protected veteran, and to base all such decisions upon the individual's qualifications and ability to perform the work assigned, consistent with contractual requirements and all federal, state and, local laws.
EEO is the Law:
Applicants and employees are protected under Federal law from discrimination.
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