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Financial Analyst Government Jobs in Raleigh, NC

GSK

Government Medicaid Contract Analyst

Durham, NC · On-site

Government Medicaid Contract Analyst Role Summary Responsible for the end-to-end administration of ... Bachelor's degree in Business Administration, Finance, Audit, Business Systems, Analytics, or ...

8 Rivers

Capital Management Associate

Durham, NC · Hybrid

... financial analysis and strategic decision-making across a portfolio of innovative energy ... government incentives to validate key model assumptions and inform scenario and sensitivity ...

ARA

Program Control Analyst-Hybrid

Raleigh, NC · On-site

This person will also be responsible for project finance reporting to the project team, SED ... The selected candidate will work with Corporate and Sector Government Property personnel as well as ...

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All JobsFinancial Analyst Government JobsFinancial Analyst Government Jobs in Raleigh, NC

Financial Analyst Government information

See Raleigh, NC salary details

$37.4K

$85.6K

$114.7K

How much do financial analyst government jobs pay per year?

As of Jul 27, 2026, the average yearly pay for financial analyst government in Raleigh, NC is $85,646.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,000.00 and $107,400.00 per year, depending on experience, location, and employer.

What is a Financial Analyst Government job?

A Financial Analyst in the government sector is responsible for budgeting, financial planning, and fiscal analysis to ensure efficient use of public funds. They analyze financial data, evaluate economic trends, and provide reports to support decision-making processes. Their role may also involve monitoring expenditures, ensuring compliance with regulations, and assisting with financial policy development. These analysts often work for federal, state, or local government agencies to promote transparency and accountability in financial matters. Strong analytical skills and knowledge of government financial regulations are essential for success in this role.

What are the key skills and qualifications needed to thrive in the Financial Analyst Government position, and why are they important?

To thrive as a Financial Analyst Government, you need strong analytical skills, a background in finance or economics, and experience interpreting budgetary data, often supported by a relevant bachelor’s degree. Knowledge of financial modeling software, Excel, and government accounting systems such as SAP or Oracle is commonly required, and certifications like CPA or CGFM are advantageous. Attention to detail, effective communication, and the ability to collaborate with cross-functional teams make candidates stand out in this position. These skills ensure accurate financial reporting, compliance with government regulations, and informed decision-making within public sector agencies.

What does a typical workday look like for a Financial Analyst in government agencies?

A typical day for a Financial Analyst in a government agency involves analyzing financial data, preparing budget reports, reviewing expenditures, and ensuring compliance with fiscal policies. You’ll regularly collaborate with program managers, accountants, and other stakeholders to monitor budgets and forecast future funding needs. The work is often project-driven and may require juggling multiple priorities or responding to shifting policy directives. Expect a structured environment with regular deadlines, opportunities to contribute to public sector initiatives, and the satisfaction of impacting community programs through sound financial management.

What are popular job titles related to Financial Analyst Government jobs in Raleigh, NC? For Financial Analyst Government jobs in Raleigh, NC, the most frequently searched job titles are:
What job categories do people searching Financial Analyst Government jobs in Raleigh, NC look for? The top searched job categories for Financial Analyst Government jobs in Raleigh, NC are:
Financial Analyst Government jobs near you
Infographic showing various Financial Analyst Government job openings in Raleigh, NC as of July 2026, with employment types broken down into 87% Full Time, 8% Part Time, 1% Temporary, and 4% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $85,646 per year, or $41.2 per hour.
Financial Analyst

Financial Analyst

School of Government Services

Chapel Hill, NC • Hybrid

$65K - $85K/yr

Full-time

Posted 9 days ago

Job description

Full-time, benefits-earning position
Salary range: $65,000 - $85,000
Position Summary
This position may be eligible for a hybrid work arrangement that includes a partially remote work location. Must be able to report onsite in Chapel Hill, NC.
This Financial Analyst position supports the Financial Analysis, Reporting, and Budget (FARB) group, within the Finance and Operations (F amp;O) Service Center of Excellence (SCE), contributing to financial services for assigned customer portfolios. Working in coordination with a Lead Financial Analyst who serves as the primary liaison to operational units, the position provides advanced financial analysis, reporting, modeling, forecasting, and budget support. Responsibilities include preparing detailed analyses, supporting customer engagement, and delivering financial insights to inform leadership decision-making.
The role supports a diverse portfolio of approximately $400M, including state appropriations, F amp;A (overhead) receipts, institutional trust funds, grants, endowments, and cost-recovery and recharge operations. Operating with moderate independence, the position applies professional judgment to address complex financial and operational issues while collaborating with senior analysts and leadership. The role also requires adaptability to evolving systems, processes, and organizational priorities.
The selected candidate will be employed by the School of Government Services (SOG Services), but their work location and reporting responsibilities will be at the F amp;O Finance SCE. SOG Services assists faculty and staff at the UNC School of Government in carrying out its important mission: to improve the lives of North Carolinians by engaging in practical scholarship that helps public officials and citizens understand and improve state and local government. As a nonprofit organization and an official affiliated entity of the University of North Carolina at Chapel Hill, SOG Services also contributes to advancing UNC-Chapel Hill’s broader mission of academic excellence, research, and public service.
Essential Duties and Responsibilities
45% Financial Analysis, Modeling, and Forecasting
This function provides advanced financial analysis and reporting to support operational decision-making across assigned portfolios. It includes developing models, producing routine and ad hoc reporting, and delivering insights on financial performance, trends, and risks. The role supports leadership through clear communication of financial results and contributes to continuous improvement of reporting tools and methodologies.
  • Develops and maintains financial models for budget planning, forecasting, cost analysis, and scenario modeling based on changing service levels and operational metrics.
  • Produces accurate and timely monthly financial reports, including budget-to-actual and fund balance analysis, dashboards, performance metrics, and supplemental reporting incorporating operational drivers.
  • Analyzes financial trends, risks, and anomalies, and recommends corrective actions.
  • Prepares analyses, executive summaries, and presentation materials for leadership.
  • Supports financial review meetings and responds to stakeholder inquiries.
  • Conducts periodic deep-dive analysis on unit operating performance.
  • Maintains and enhances reporting tools, dashboards, KPIs, and methodologies to improve accuracy, efficiency, and accessibility of financial information.
  • Ensures accuracy, consistency, and integrity of financial reporting outputs.
  • Assists the Lead Financial Analyst with analyses and follow-up actions.
20% Budget Development, Tracking and Support
This function supports the full budget lifecycle, including development, monitoring, and ongoing adjustments. It ensures alignment across systems and stakeholders while maintaining accurate and timely budget data to support financial planning and decision-making.
  • Supports the annual budget process, including templates, timelines, and coordination with stakeholders, including the customer unit and Budget Office.
  • Assists with personnel and non-personnel projections and budget updates.
  • Tracks, monitors, and reconciles budget activity across systems (e.g., OneStream, PeopleSoft, Tableau), ensuring data accuracy and resolution of variances.
  • Prepares budget materials and presentations for leadership.
  • Maintains and updates budget data for monthly monitoring and reporting.
15% Financial Reconciliation and Integrity
This function ensures the accuracy and integrity of financial data through reconciliation, validation, and issue resolution across systems. It supports reliable financial reporting and strengthens internal controls through consistent review and collaboration.
  • Performs monthly reconciliations across the general ledger and supporting systems.
  • Identifies discrepancies, investigates root causes, and prepares corrections.
  • Ensures alignment between subledgers and the general ledger.
  • Reviews aging accounts receivable and supports resolution strategies.
  • Ensures data accuracy and integrity across systems through reconciliation, validation, and collaboration with cross-functional teams.
10% Process Improvement, Documentation and Systems Support
This function focuses on improving efficiency, consistency, and knowledge sharing through process documentation, system enhancements, and support for evolving business practices.
  • Documents financial processes, systems, and business practices to support consistency and knowledge transfer.
  • Supports development and refinement of evolving workflows, processes, and procedures.
  • Develops automated tools and reporting solutions to improve efficiency, accuracy, and accessibility.
  • Serves as a resource for resolving moderately complex financial and operational issues.
  • Supports training and documentation for systems and reporting processes.
10% Special Projects
This function supports strategic and operational initiatives through targeted analysis, benchmarking, and cross-functional collaboration.
  • Leads or contributes to special projects involving financial analysis, process improvement, or system initiatives.
  • Participates in institutional benchmarking and surveys (e.g., APPA/Gordian).
  • Provides financial and operational insights to support strategic initiatives.
Minimum Qualifications (Knowledge, Skills, Abilities)
  • Mid-career with Masters and 1-2 years’ of relevant experience; or Bachelors and 2-4 years’ experience in accounting, finance, or a related field, with demonstrated progression in responsibilities.
  • Demonstrated experience in financial analysis, modeling, forecasting, reporting, cost analysis, and variance analysis.
  • Strong analytical and critical thinking skills, including the ability to analyze large and complex datasets, identify trends, anomalies, and discrepancies, and support data-driven decision making.
  • Ability to interpret financial and operational data to evaluate performance and inform strategic and operational decisions.
  • Experience with financial reconciliation and data validation, including ensuring accuracy across general ledger and subledger systems.
  • Experience working with enterprise financial systems and data environments, including the ability to analyze transaction flows and resolve discrepancies.
  • Proficiency in financial and data tools, including Excel (advanced formulas, pivot tables, and Power Query), data visualization tools (e.g., Power BI or Tableau), ERP systems (e.g., PeopleSoft), query tools (e.g., SQL/Sequel or IQ Query), and familiarity with asset management systems (e.g., AIM, Maximo).
  • Ability to develop financial models, dashboards, and performance metrics to support planning and reporting.
  • Knowledge of financial operations and understanding of the impact of business decisions on organizational outcomes.
  • Strong organizational skills with the ability to manage multiple priorities independently while maintaining accuracy and attention to detail.
  • Strong written and verbal communication skills, including the ability to present complex financial information clearly and develop reports, documentation, and presentations.
Preferred Qualifications, Competencies, and Experience
  • Certified Public Accountant (CPA) license or progress toward licensure.
  • Experience in higher education financial environments, including systems such as ConnectCarolina (PeopleSoft Financial and HR), InfoPorte, and similar platforms.
  • Experience with cost accounting, particularly in service operations, energy production, or inventory-based environments.
  • Experience working with subledgers and supplemental financial systems in complex operational settings.
  • Experience with advanced accounting, reporting, or asset management systems (e.g., AIM, Maximo).
  • Demonstrated ability to prepare materials for and support presentations to executive leadership.
  • Ability to translate complex financial data into clear insights and effectively communicate results to stakeholders.
  • Demonstrated initiative and a proactive, solution-oriented approach to work.
  • Strong problem-solving skills with the ability to connect individual work to broader organizational goals.
  • Ability to operate effectively in a dynamic environment with evolving systems and processes.
  • Ability to work independently with sound judgment and assume increased responsibility as proficiency develops.

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