Budget Analyst

At XMSTART, the Budget Analyst plays a key role in managing and executing funding actions for the NRO's Budget and Financial Management team. Responsibilities include overseeing the commitment and obligation of funds, developing and maintaining funding lines, and advising budget execution while identifying risks related to contract spending. The analyst will also lead a program analysis team and support daily interactions with customers and contractors.

To join XMSTART as a Budget Analyst, candidates should have 5-10+ years of experience in Budget and Financial Management. Strong analytical skills, excellent communication abilities, and experience in contract risk management are preferred. Ideally, candidates will possess a bachelor or master’s degree in a business-related field and active TS/SCI clearance with CI Poly.

The Budget Analyst at XMSTART significantly contributes by developing strategic budget plans that align with the organization’s goals. They are responsible for analyzing contract spending, identifying potential funding risks, and ensuring that financial requirements meet program priorities. This role is essential in driving effective resource allocation and providing insights that facilitate informed decision-making.

The Budget Analyst position at XMSTART is 100% onsite at our Chantilly, VA office, directly supporting the NRO's Budget and Financial Management team. This setup allows for greater collaboration with team members and close client interaction, creating an engaging work environment.

As a Budget Analyst at XMSTART, you will work on a variety of projects ranging from managing budgetary needs across different contracts to conducting risk assessments associated with funding allocation. You will also assist in generating comprehensive reports and briefings that provide strategic insights to government stakeholders, making a direct impact on the success of client initiatives.

In this role, it's essential to evaluate each request's alignment with the program’s priorities and total budget request. I prioritize by analyzing the potential impact on the project and overall goals, ensuring that urgent needs are met while maintaining fiscal responsibility.

I have extensive experience utilizing various financial management systems to track commitments, obligations, and expenditures. My proficiency allows me to ensure compliance with organizational directives while generating accurate financial reports efficiently.

To assess budget risks, I perform regular audits of expenditures against budget forecasts, review trends in spending, and analyze contract deliverables for compliance. This proactive approach helps identify potential overruns or underruns early on.

I focus on simplifying complex financial data using clear visuals and straightforward language. Tailoring my communication style based on the audience’s background is essential to ensure understanding and facilitate productive discussions.

In my previous role, I encountered significant fluctuations during quarterly budget reviews. I implemented a structured prioritization system and delegated tasks, which enabled my team to meet deadlines without sacrificing quality of work.

I utilize both qualitative and quantitative methods for financial forecasting, incorporating historical data analysis, market trends and stakeholder input to generate informed predictions that guide budget decisions.

Staying organized involves using project management tools and creating detailed trackers for each budget. I also set reminders for key deadlines and regularly update my plans to adapt to changes in priorities or requirements.

I have negotiated several contracts focusing on terms related to budgeting and funding. My approach involves collaborative dialogue, understanding client objectives, and finding mutually beneficial solutions that align with financial guidelines.

I believe in addressing disagreements directly and openly. I encourage discussions to understand differing perspectives and seek compromise while always keeping the program goals and financial integrity in mind.

To ensure accuracy in financial reporting, I implement rigorous review processes, double-check calculations, and utilize software that minimizes human error. Collaboration with team members also helps catch discrepancies before submission.