Shreyas Balaram
Aurora,CO
Overview
17
17
years of professional experience
1
1
Certification
Work History
Financial Management Specialist
Air Force Installation & Mission Support Center, Financial Management Cost and Economics Division
10.2022 - Current
- Serve as a senior financial analyst in the agency’s operations and maintenance center, conducting structured and specialized comparative analyses to support enterprise-wide decision-making
- Leading a team in brainstorming and developing a strategy for a tool to enhance post-decision support projects, focusing on monitoring, evaluation, and alignment with project objectives
- Develop and present the compressed business case analysis (cBCA), an Excel-based tool that reduced analysis time from months to days, at the ICEAA conference in London, UK
- Revamped the cBCA tool for the Air Force Innovation Rodeo; completed multiple cBCAs supporting AF Civil Engineering Center's initiatives
- Designated Quality Assurance contact for reviewing comparative analyses for the San Antonio division
- Presented autonomous robot mowers BCA results to senior leadership; analysis resulted in shifting investment strategy to achieve a positive ROI
- Led the BCA for Ground Penetrating Radar, the 2023 AF Spark Tank Winner at the Air & Space Force Association
- Developed and briefed options for the future of economic analysis to the Secretary of Air Force/Financial Management Cost and Economics division
- Collaborated in Secretary of Air Force Management Group Design Sprint workshop to create and develop a comprehensive Pitch Coaching curriculum
- Presented the cBCA tool and shared effective coaching methodologies, receiving positive stakeholder feedback
- Redesigned the AFIMSC 2023 Innovation Rodeo idea intake process, adding new levels of financial rigor to campaign submissions
- Nominated for the FY22 Air Force Materiel Command Continuous Improvement and Innovation Award for challenging the status quo
Operations Research Analyst
Space Force - Communications and Guidance (CG); Space Systems Command (SSC)
07.2021 - 09.2022
- Lead a team of 12 federal civilian employees and support contractors to provide program control support for the (Global Positioning System) GPS Programs
- Supported government program managers, cost chiefs, and executives by presenting first class earned value management (EVM), schedule, and cost data
- Conducted independent analysis to verify and challenge contractor sentiment on contract performance
- Evaluated EVM data to normalize and ensure readiness for forecasting and data analysis
- Developed cost estimates/analysis for program milestones including Government Estimate at Complete and Single Best Estimate
- Collaborated with stakeholders including engineering and industry partners for cost estimating relationships and analogy methodologies to ensure relevant database inputs
Operations Research Analyst
Air Force Installation & Mission Support Center, comparative analysis division (AFIMSC/RMC)
08.2012 - 06.2021
- Served as an operations research analyst in the agency's operations and maintenance center performing economic and cost analysis studies for Air Force Major Commands and installations
- Delivered formal and informal training to co-workers and Air Force (AF) customers to improve the quality, speed, consistency, and continuity of Air Force decision support analyses
- Applied analytical methods and techniques such as cost-benefit analyses, discounting, depreciation and pro-rating, sensitivity, and risk/uncertainty factors
- Assembled data, analyzed performance trends by using mathematical and statistical analysis and various cost estimating factors to analyze and evaluate the effects of changes in program plans
- Interacted with internal and external officials and provided accurate and timely financial information to management, relevant functional managers, and auditors
- Conducted continuous process improvement (CPI) study to enhance EA process and instituted best practices
- Study resulted in improved service and internal process to RMC customers
- Communicated and presented business case analysis course, Excel-based tool training, and various decision- making process to senior level leaders
- Served as the information technology (IT) equipment custodian responsible for the acquisition, maintenance and tracking of workstations; reduced obsolete IT inventory footprint by 50%
Operations Research Analyst
Air Force Cost Analysis Agency, Financial Management Center of Expertise (AFCAA/FMCoE)
08.2009 - 07.2012
- Completed several preliminary Total Force Integration (TFI) business case analyses, cost-benefit, and economic analyses (EA) for various Major Commands (MAJCOM)
- Conducted 15 high-level portfolio analyses in a fast-paced environment, which resulted in an overall $9 million in increased efficiencies for six AF bases
- Identified costly custodial contract trends; provided $5 million in annual savings solution for 11 AF bases
- Provided EA training and utilizing multi-faceted Excel tool to junior staff employees, base, and MAJCOM Comptroller personnel to enhance better decision support knowledge
- Identified 35% cost savings in lease vs Purchase analyses for three major Air Force bases and presented findings and results to base-level personnel including Major Command (MAJCOM) comptrollers
- Provided $14 million in annual savings in identifying the best alternative for dormitory studies at multiple Air Force bases
ENGINEERING Co-op (intern)
Ingersoll Rand - Security Technologies
02.2008 - 07.2009
- Analyzed, researched, and completed six technical reports on alternative materials used in New Product Development (NPD) design to reduce cost and accommodate marketing needs
- Completed technical reports on failed samples from test laboratory and briefed senior leadership on lessons learned
- Created numerous life cycle cost analyses for various parts used in NPD design
- Performed five analysis of alternatives on material specifications for NPD design
Education
Bachelor of Science - Mechanical Engineering
University Of Colorado At Colorado Springs
Colorado Springs, CO05.2009
Skills
- Decision Support
- Forecasting
- Cost Estimates
- Written Communication
- Analytical Thinking
- Economic Analysis
- Scenario analysis
- Business Intelligence
- Teamwork and Collaboration
- Problem-Solving
Jobrelatedtraining
- International Cost Estimating and Analysis Association (ICEAA), Sept 2024 & Jun 2016
- Air Force Materiel Command Continuous Improvement and Innovation Training Summit (AFMC/CDX), Aug 2024
- The Supervisor as a Leader Course (SLC), Mar 2024
- DAF/MIT Artificial Intelligence Course, Mar 2024
- Defense Financial Management and Comptroller School (DFMCS), Feb 2024
- Air Force Continuous Process Improvement (CPI) Pitch Coach Workshop, Nov 2023
- Professional Development Institute (PDI), June 2023
- Automated Cost Estimating Integrated Tool (ACEIT), Sep 2021
- Fundamentals of Business Financial Management, Sep 2021
- Fundamentals of Systems Acquisition Management, Aug 2021
- AF Continuous Process Improvement (CPI) Green Belt Training, Aug 2020
- Squadron Officer School (SOS), Feb 2018
- Emerging Leader Course (ELC), Aug 2017
- Professional Financial Management Course (PFMC), Jun 2017
Certification
Department of Defense Financial Management (DoD FM) Certification Level 2
Other
- Proficient in Microsoft Office (Excel, Word, PowerPoint, Outlook, Access, Project)
- Possesses strong skills in Data Representation and Visualization in Power BI
- Civilian of the Quarter, Oct 2017, June 2020, Apr 2023
- Two-time Financial Management Center of Expertise’s Most Valuable Player (MVP), 2017, 2010
- Professional Publication: Engineering Financial Management – Secretary of Air Force/Financial Management (SAF/FM) On-line Newsletter – February 2010
- Affiliation Member: American Society of Military Comptrollers (ASMC), American Society of Mechanical Engineers, International Cost Estimating and Analysis Association
REFERENCES
- Daniel Mcdermott – Current Supervisor (215) 285-3743; daniel.mcdermott@us.af.mil; October 2022 to Present
- Karina Hernandez-Vivas – Former Supervisor (310) 760-1788; karina.hernandez_vivas.5@spaceforce.mil; July 2021 to September 2022
- Marc Ellis – Former Supervisor (720) 903-0902; marc.ellis.6@us.af.mil; August 2009 to June 2021
- Elna Asuncion – Peer (719) 359-1294; ellemsgs@gmail.com; August 2019 to Present
Timeline
Financial Management Specialist
Air Force Installation & Mission Support Center, Financial Management Cost and Economics Division
10.2022 - Current
Operations Research Analyst
Space Force - Communications and Guidance (CG); Space Systems Command (SSC)
07.2021 - 09.2022
Operations Research Analyst
Air Force Installation & Mission Support Center, comparative analysis division (AFIMSC/RMC)
08.2012 - 06.2021
Operations Research Analyst
Air Force Cost Analysis Agency, Financial Management Center of Expertise (AFCAA/FMCoE)
08.2009 - 07.2012
ENGINEERING Co-op (intern)
Ingersoll Rand - Security Technologies
02.2008 - 07.2009
Bachelor of Science - Mechanical Engineering
University Of Colorado At Colorado Springs
Department of Defense Financial Management (DoD FM) Certification Level 2
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