Summary
This position is located in the Finance Directorate, Budget Group (BG), Budget Formulation Division (BFD). The BG formulates and executes the FSA administrative budget; produces financial analysis; processes travel, reimbursements, invoices, and administrative payments; and produces budget reports and forecasts.
Duties
You must meet all qualification requirements within 30 days of the closing date of this vacancy announcement. If you are a current federal employee, you must meet all time-in-grade and time-after competitive appointment qualifications within 30 days of the closing date of this vacancy announcement. To verify that you meet these requirements, we will review your responses to the core eligibility questions on the occupational questionnaire, as well as your submitted resume and required documents. To make an accurate determination, you will need to include on your resume your federal position title, pay plan, occupational series, grade level, agency, dates for which you held the grade level (stated as MM/YYYY to MM/YYYY, OR MM/YYYY to PRESENT), and total hours worked per week. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). APPLICATION LIMIT: This vacancy announcement is limited to the first 200 applications received and will close at 11:59PM Eastern Time on the day that we receive the 200th application, or at 11:59PM Eastern Time on the listed closing date, whichever occurs first. We encourage you to read this entire vacancy announcement prior to submitting your application. As a Budget Analyst, GS-0560-13, you will be responsible for: Liaising with project managers and agency budget contacts to assist, review, and evaluate budget requests. Assists in analyzing contract costs to develop cost-benefit analyses of proposed budgetary and program actions to advise Department officials and program managers of the most advantageous course of action. Working closely on budget execution activities and analyzes trend data to inform budget formulation decisions. Reviews and analyzes complex data to effectively defend budgetary needs in communications and presentations to senior leaders. Advising management to emerging issues and potential problems related to budgets, financing, legislation, and internal controls. Ensures Federal Student Aid staff is kept up to date on budget plans, legislative issues, appropriation actions, progress in achieving budgetary goals, and other related issues. Providing advice and assistance to managers in the development and presentation of budget requests; drafting and issuing interpretations of Departmental and Office of Budget and Management (OMB) budgetary guidance; and providing budgetary adjustments and assist with developing strategies, narratives and statistical materials for the federal budget and programs used by senior management officials. Identifying potential contractual funding shortfalls and prepares appropriate supporting documentation. Interfaces with business units to research and communicate information on potential contractual funding issues and problems. Develops findings and reports to senior managers. As a Budget Analyst, GS-0560-14, you will be responsible for: Providing recommendations for budgetary actions in formulating budget estimates for a multi-year appropriation, tracking progress of POC appropriations through Congress and provides account scenarios based on congressional action. Providing guidance and data calls which contain specific, detailed instructions for completion and coordinates with leadership and external offices, developing detailed background documentation for presenting and defending budget requests. Developing cost factors, ratios, tests, and other mathematical modules to evaluate the current financial status, and to determine the cost-benefit of alternative budget and program actions; and integrating data from both justification and execution elements to build detailed analysis for leadership decisions. Reviewing proposed circulars, handbook notices, regulation and other directives and makes recommendations consistent with budget policies and procedures and management practices. Providing subject matter expertise on contract and inter-agency agreement funding requirements, resources, and allocations. Tracks, monitors, and advises on the legal and technical sufficiency of contract and procurement funds.
Requirements
Condition of Employment: As a condition of employment for accepting this position, you may be required to serve a probationary period or trial period during which we will evaluate your fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider: - your performance and conduct; - the needs and interests of the agency; - whether your continued employment would advance organizational goals of the agency or the Government; and - whether your continued employment would advance the efficiency of the Federal service. Upon completion of your probationary period OR trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest. Key Requirements: Must be a US Citizen. Males 18 and over must be registered with the Selective Service. Must complete a Background Investigation and Fingerprint check. Must be determined suitable for federal employment. Relocation expenses will not be paid. You may be subject to serve a one-year probationary period. You must meet all qualification requirements within 30 days of the closing date of this vacancy announcement. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills, and can provide valuable training and experience that translates directly to paid employment. We will consider all qualifying experience, including any volunteer experience.
Education
Education cannot be substituted for experience for this position and grade level. Foreign Education: Education completed in foreign colleges or universities may be used to meet education requirements if you can show that the foreign education is comparable to that received in an accredited educational institution in the United States. It is your responsibility to provide such evidence when applying. If you are using foreign education to meet qualification requirements, you must submit a Certificate of Foreign Equivalency with your transcript in order to receive credit for that education. For further information, please click Foreign Education.
How you will be evaluated
We will review your application and documentation submitted to ensure you meet the basic qualification requirements. You will be evaluated based on how well you meet the qualifications and competencies listed in this vacancy announcement. Your qualifications will be evaluated based on your application materials (e.g., resume, supporting documents), and the result of the USA Hires Assessment(s) required for this position. You will be assessed on the following competencies (knowledge, skills, abilities, and other characteristics): Non-Supervisory: Accountability, Arithmetic/Mathematical Reasoning, Attention to Detail, Customer Service, Decision Making, Flexibility, Integrity/Honesty, Interpersonal Skills, Learning, Reasoning, Self-Management, Stress Tolerance, and Teamwork Based on the outcome of this evaluation, your application data may be further assessed by a Subject Matter Expert (SME) panel. If your qualifications are not substantiated by your submitted resume, you may be eliminated from receiving further consideration.If you are found to be amongst the most highly qualified applicants, you will be referred to the selecting official. As part of the assessment and selection process, the selecting official may invite you to participate in a structured interview, check your references, and/or request that you submit a writing sample or complete a written assessment or exercise to further evaluate your qualifications for this position. Based on the outcome of this evaluation, your application data may be further assessed by a Subject Matter Expert (SME) panel. If your qualifications are not substantiated by your submitted resume, you may be eliminated from receiving further consideration. If you are found to be amongst the most highly qualified applicants, you will be referred to the selecting official. As part of the assessment and selection process, the selecting official may invite you to participate in a structured interview, check your references, and/or request that you submit a writing sample or complete a written assessment or exercise to further evaluate your qualifications for this position.