Job Title: Market Research & Financial Analyst (HYBRID) Location: Richmond, VA Duration:12+ Months
Job Description: The client is seeking a detail-oriented and strategically minded individual. This position conducts market research and complex financial analysis and modeling in support of new IT Infrastructure and Enterprise solicitations and ongoing services.
Conduct market research related to IT services and related pricing models.
Conduct quantitative and qualitative market research to identify market trends and opportunities.
Ability to conduct market research and connect content to pricing models.
Analyze large amounts of complex data to identify areas for negotiation and improvement of financial models.
Analyze current usage and consumption related data to assist with development and negotiation of competitive and scalable pricing models.
Coordinate with client finance, Data management team and PowerBI team to develop automated reports related to consumption of services.
Conduct return on investment and related financial calculations.
Assist with financial requirements development for new solicitations.
Collaborate with cross-functional teams, assist with the development of various scenarios to be used for financial evaluation, selection of suppliers and strategic decision making.
Conduct bi-annual financial health evaluation of suppliers by studying audited accounting statements, Dun & Bradstreet credit reports and other publicly available financial information.
Develop effective reports, PowerPoint presentations, graphs, charts and other visual aids to communicate financial findings and negotiation results to key stakeholders including leadership.
Assists with the strategic planning of solicitations, negotiations and conducting lessons learned. Detail-oriented with strong organizational and problem-solving skills.
Must have aptitude to understand complex IT commodities to be able to conduct financial analysis, Total cost of ownership calculations and articulate decision points.
Lead meetings with market research firms like Gartner, Infotech and other companies to understand marketplace and pricing and financial models. Conduct benchmarking for IT commodities.
Qualifications: Significant experience in complex data analysis, financial modeling, financial evaluations, Total cost of ownership calculations, return on investment calculations in support of sourcing and procurement activities. Report writing, requirements development and management, knowledge of and skilled in project management; ability to develop PowerPoint presentations that condense complex financial findings into summarized yet effective slides; ability to work independently with limited supervision; ability to work with all levels of staff and the general public; ability to communicate effectively in both orally and in written form. Bachelor's degree, preferably in business, information systems, finance or related field preferred or a combination of training and experience may substitute for college degree.
Skills: SkillRequired / DesiredAmountof ExperienceSignificant experience in complex data analysis, financial modeling and financial evaluations of IT sourcing modelsRequired6YearsAbility to execute total cost of ownership calculations, return on investments calculationsRequired6YearsAbility to develop PowerPoint presentations that condense complex financial findings into summarized yet effective slidesRequired6YearsBachelor's degree, preferably in business, information systems, finance or related field preferred or a combination of training and experience may sRequired6YearsAbility to talk to suppliers and cross-functional experts to connect services offerings and associated consumption, contract cost and pricing modelsRequired6Years