FINANCIAL MANAGEMENT ANALYST

Full Job Description

The primary purpose of this position is to serve as a financial management analyst in the installation's budget office, in a System Program Office, or in the Air Base Group, performing day-to-day control and management of all aspects of Wing /Group financial management areas including planning, formulation, justification, and execution of the assigned program requirements.

In order to qualify, you must meet the specialized experience requirements described in the Office of Personnel Management (OPM) Qualification Standards for General Schedule Positions, Administrative and Management positions SPECIALIZED EXPERIENCE: Applicants must have at least one (1) year of specialized experience at the next lower grade GS-12, or equivalent in other pay systems.

Examples of specialized experience includes detailed, intensive knowledge of budgetary methods, practices, procedures, regulations, precedents, policies.

and other AF, MAJCOM, DoD, and installation guides which apply to assigned organizations and programs; sources.

types, and methods of funding for assigned organizations and programs (e.g., direct annual, multi-year, and no-year appropriations; apportionments; allotments; transfer of funds from other agencies: revenue from industrially funded operations: and/or refunds); and, budgetary and financial relationships between assigned budget(s) and budgets and programs of other agency components and organizations.

FEDERAL TIME-IN-GRADE (TIG) REQUIREMENT FOR GENERAL SCHEDULE (GS) POSITIONS: Merit promotion applicants must meet applicable time-in-grade requirements to be considered eligible.

One year at the GS-12 level is required to meet the time-in-grade requirements for the GS-13 level. TIG applies if you are in a current GS position or held a GS position within the previous 52 weeks.

NOTE: Applicants applying as VEOA candidates who are current GS civil service employees or are prior GS civil service employees within the past 52 weeks must also meet time-in-grade requirements.

KNOWLEDGE, SKILLS AND ABILITIES (KSAs): Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities and/or competencies in the following areas: 1.

Knowledge of budget formulation and submission requirements. Knowledge of budget obligations and expenditure concept. Knowledge of cost and schedule performance measurement concepts.

Knowledge of contractor system requirements for earned value management systems. 2. Skill applying budget formulation concepts to generate cogent documents. 3.

Skill in describing the results of contractor cost and schedule performance analysis. 4. Skill in evaluating the output of computer tools and adjusting for program conditions. 5.

Skills in identifying and analyzing cost-effectiveness relationships between all aspects of financial management which are subject to significant and continuing flux over time.

Ability to evaluate acceptability of a submitted budget requirement. Ability to communicate effectively the results of evaluations and analysis 6.

Ability to adapt models and techniques to changing program requirements Ability to consider and analyze the intent of financial and program legislation and impacts of financial actions upon the finances of contractors.

PART-TIME OR UNPAID EXPERIENCE: Credit will be given for appropriate unpaid and or part-time work.

You must clearly identify the duties and responsibilities in each position held and the total number of hours per week.

VOLUNTEER WORK EXPERIENCE: Refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student and social).

Volunteer work helps build critical competencies, knowledge and skills that can provide valuable training and experience that translates directly to paid employment.

You will receive credit for all qualifying experience, including volunteer experience. Major Duties:

Directs and/or performs review and analysis of contractor cost reports. Results of such analysis are reported to the leadership of assigned organization each reporting period.

Initiates corrective action communications to the contractor DCMO/DCAA Technical Offices when required. Serves as the functional point of contact for all financial issues.

Organizes, plans, programs, schedules, budgets, and evaluates program and contractors' cost and schedule performance for assigned program.

Works with MAJCOM, SAF agencies, OSD, and OMB to obtain, monitor, and track organization's/program's funds.

Leads and/or performs specialized, individual economic analyses and impact studies in support of a variety of budget programs.

Conducts cost management effectiveness and sensitivity studies/analyses dealing with major issues and problems affecting assigned budget programs.

Performs a broad range of weapons systems analyses assignments developing methodologies for and evaluating the cost effectiveness of advanced weapons systems, related equipment, and force structures.

Work entails unique problems, creativity, innovative use of techniques, advanced approaches, and/or new technologies.

Performs budget formulation work involving preparation of detailed analyses of annual and/or multi-year budget estimates for assigned organization/programs into a consolidated budget request.

Provides advice, assistance, and guidance on budgeting and related information.

Devises and recommends the adoption of procedures to implement budgetary processes, policies, and regulations issued by MAJCOM or AF headquarters.

Resolves and interprets ambiguous and conflicting budgetary policies and regulations. Uses automated cost/budget system(s) and computer generated products in accomplishing assignments.