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NIWC Financial Analyst IV

Position Summary

MAG Aerospace currently has an opening for a Financial Systems Analyst to support the Naval Information Warfare Center Atlantic (NIWC Atlantic).  This is an exciting opportunity to use your experience helping the cybersecurity implementations and operations, advanced technology, and project management services mission. In this mission, we provide engineering and technical services with operational support located in Charleston South Carolina.

Essential Duties and Responsibilities

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Examine past and current budgets and research economic and financial developments that affect the organization’s spending.
  • Develop guidelines and policies governing the formulation and maintenance of budgets. May conduct training sessions for company or government agency personnel regarding new budget procedures.
  • Coordinate financial activities across various stakeholders.
  • Manage finances across multiple funding types.
  • Track budgets, costs, and variances.
  • Produce executive summaries.
  • Conduct financial reporting and analyses on financial issues and customer requirements.
  • Develop and propose courses of actions (COAs) and recommendations for financial issues.
  • Individual shall be able to provide interpret and apply financial management principles; and apply financial management processes, techniques, policies, regulations and organizational strategic goals.

Requirements

Minimum Requirements

(U) Experience:

  • Ten (10) years of experience providing financial management support to a program/project and/or corporate operations department.
  • Individual shall have notable experience providing advice and technical assistance in the preparation of annual budgets; measuring organizational performance; assessing the effects of various programs and policies on the budget.
  • Individual shall have experience examining budget estimates or proposals for completeness, accuracy, and conformance with established procedures, regulations, and organizational objectives. Experience may include employing cost-benefit analysis to review financial requests, assess program tradeoffs, and explore alternative funding methods.
  • Individual shall be proficient in research methods, statistical analysis, and the use of financial/analytical software (spreadsheets); have experience related to working as part of a team in the delivery of product or service; and have experience working with the Navy Working Capital Fund business model.
  • Individual shall have notable experience supervising and/or mentoring of lesser experienced personnel. Experience may be achieved simultaneously.
  • Three (3) to ten (10) years of experience associated with technical functions as related to development of system architecture for sensor systems.

(U) Education:

  • Master’s degree in a business-related field.

(U) Specific Requirements:

  • Decision making, communication, collaboration and writing skills
  • Proficient in MS Office and Outlook (Word, Email, Spreadsheets, Schedules, PowerPoint). 

(U) General Requirements:

  • Must be a US citizen
  • Must possess an active Secret clearance level

Special Note

The position is contingent upon candidate’s ability to meet physical and medical requirements as needed by the position; including compliance with all applicable federal, state, and local jurisdictional requirements.

Benefits and Compensation

At MAG Aerospace, we value your contributions providing our employees with a robust Total Rewards package that supports your total well-being. Full-time and part-time employees working at least 30 hours a week on a regular basis are eligible to participate in MAG's Total Rewards programs. Our offerings include health, life, disability, financial, and retirement benefits as well as paid leave, professional development, and tuition assistance. Individuals that do not meet the threshold are only eligible for select offerings not inclusive of health benefits. We encourage you to learn more about our Total Rewards Program by visiting the Resource page on our Careers site: https://www.magaero.com/benefits/. Salary at MAG Aerospace is determined by various factors including but not limited to location, the particular combination of education, knowledge, skills, competencies, and experience as well as contract-specific affordability and organizational requirements. The projected compensation range for this position is $63750 to $106250 (annualized USD). The estimate displayed represents the typical salary range for this position and is just one component of MAG's total compensation package for employees.

Average salary estimate

$85000 / YEARLY (est.)
min
max
$63750K
$106250K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About NIWC Financial Analyst IV, MAG Aerospace

Join MAG Aerospace as a Financial Analyst IV and take the plunge into supporting the Naval Information Warfare Center Atlantic (NIWC Atlantic) in beautiful Charleston! This isn't just a job; it's an exciting opportunity to harness your expertise in cybersecurity implementations, advanced technology, and project management services. As a Financial Analyst IV, you will play a key role in examining and developing budgets while coordinating activities across various stakeholders. Your responsibility will extend to tracking budgets and costs, analyzing financial reports, and proposing actionable recommendations for financial issues. At MAG, you’ll find yourself at the crossroads of technical and financial analysis, where your skills in research methods and statistical analysis will shine. Plus, with over ten years of experience in financial management and a master’s degree in a business-related field, you're set to make an impact on our operations. Enjoy a robust Total Rewards package that supports your well-being including health, financial, and professional development benefits. Dive into a culture of collaboration, communication, and excellence with us in Charleston!

Frequently Asked Questions (FAQs) for NIWC Financial Analyst IV Role at MAG Aerospace
What are the responsibilities of a NIWC Financial Analyst IV at MAG Aerospace?

As a NIWC Financial Analyst IV at MAG Aerospace, you'll be responsible for examining budgets, developing guidelines for budget maintenance, and managing finances across various funding types. You'll track costs, conduct financial analysis, and produce executive summaries to inform stakeholder decision-making. Your role also includes providing advice on financial management principles and training personnel on budget procedures.

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What qualifications are required for the NIWC Financial Analyst IV position at MAG Aerospace?

To qualify for the NIWC Financial Analyst IV position at MAG Aerospace, you need at least ten years of experience in financial management, particularly in corporate operations or project support. A master’s degree in a business-related field is essential, along with proficiency in financial software and MS Office tools. Having a Secret clearance is also mandatory for this role.

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Is there any specific experience required for the NIWC Financial Analyst IV role?

Yes, as a NIWC Financial Analyst IV at MAG Aerospace, experience in budget preparation, performance measurement, and assessing the effects of various programs on budgets is crucial. Knowledge of cost-benefit analysis and working with the Navy Working Capital Fund business model will also benefit your application, along with supervising or mentoring younger personnel.

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What types of benefits does MAG Aerospace offer for the NIWC Financial Analyst IV position?

MAG Aerospace provides a robust Total Rewards package for the NIWC Financial Analyst IV position that includes health, life, disability, and retirement benefits. You'll also enjoy professional development opportunities, tuition assistance, and generous paid leave. The full-time benefits are available for employees working at least 30 hours a week.

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What is the salary range for the NIWC Financial Analyst IV role at MAG Aerospace?

The projected salary range for the NIWC Financial Analyst IV role at MAG Aerospace varies from $63,750 to $106,250 annually. This range takes into account various factors including education, experience, and specific contract requirements. It reflects the organization's commitment to aligning compensation with skills and competencies.

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Common Interview Questions for NIWC Financial Analyst IV
What financial management experience do you have related to the NIWC Financial Analyst IV position?

For this question, highlight your relevant experience in managing budgets, providing financial analysis, and assessing program impacts on financial performance. Discuss specific projects where you demonstrated your ability to lead financial discussions and produce actionable reports.

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Can you give an example of how you handled a challenging budget situation?

In your answer, provide a specific scenario where you encountered a challenging budget. Detail the steps you took to analyze the situation, the strategies you implemented to resolve it, and the positive outcome of your efforts. This showcases your problem-solving abilities and experience.

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How do you ensure compliance with financial regulations and procedures?

Discuss your understanding of financial regulations and your approach to staying updated with any changes. Provide examples of how you have implemented compliance measures in previous roles and the tools or processes you utilized to ensure adherence.

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What financial software or tools have you used in your past roles?

Mention the specific financial software you have experience with, such as spreadsheets or analytical tools. Highlight how mastering these tools has helped you process data effectively, conduct analyses, and present financial reports.

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Describe your experience providing mentorship to junior team members in financial management.

Share a specific example of a time you mentored a junior team member, explaining your methods, and the successful outcomes. This demonstrates your leadership skills and commitment to team development, which is vital for the NIWC Financial Analyst IV role.

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How do you approach financial forecasting and risk assessment?

Explain your methods for conducting financial forecasting, including data analysis, trend identification, and the factors you consider for risk assessment. Providing detailed examples of past forecasting experiences will strengthen your answer.

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What is your process for tracking budgets and analyzing variances?

Describe your structured approach to monitoring budgets, utilizing software tools to track expenditures, and conducting variance analysis. Share insights on how you communicate findings with stakeholders to inform financial decisions.

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How do you stay current on economic developments that may impact budgeting?

Discuss your strategies for staying informed about economic trends and how you apply that knowledge to your budgeting decisions. Mention any resources you rely on, such as financial news outlets or professional networks.

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What do you believe are the key financial management principles for a successful NIWC Financial Analyst IV?

In your answer, outline the key financial management principles that guide effective budgeting and financial analysis. Stress the importance of accuracy, compliance, strategic alignment, communication, and adaptability in dynamic environments.

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Why do you want to work as a Financial Analyst IV at MAG Aerospace?

Convey your enthusiasm for the role and the organization by discussing your interest in cybersecurity, project management, and how you align with MAG Aerospace's mission. Highlight the potential to contribute your skills while growing professionally within the company.

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MAG Aerospace, headquartered in Fairfax, Virginia, is a leader in providing and enabling real-time situational awareness to help its customers make the world smaller and safer. MAG delivers full spectrum ISR Services (operations, training, and tec...

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April 12, 2025

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