FINANCIAL MANAGEMENT SPECIALIST (ACQ-EHA)
-Assists in performing a variety of budget, cost analysis, and financial analysis studies and projects to further develop analytical, judgment, procedural and technical skills. Compiles pertinent factual financial and operational data from records, historical files, and related reports for use in analysis of problems, issues, and concerns. Reviews data for consistency, accuracy, validity, and relevance to the situation being studied. Assists in performing budget formulation work by reviewing and preparing annual funding needs for one or more future budget years. Researches, consolidates, and summarizes budgetary data from source documents, databases, and other records for use in preparing budget estimates. Reviews and analyzes accuracy and adequacy of budget justification data based on programs and program support activities requirements, and for adherence to instructions.
-Assists in performing budget execution and administration work involving the monitoring of obligations incurred and the actual expenditures of funds. Monitors, tracks, and reviews obligations, expenditures, reimbursable orders, and requests for allotments for activities which are relatively stable throughout the year, identifying and reporting differences which are not in keeping with annual financial plans. Compares obligations and expenditures, and identifies conditions over or under obligation of funds. Develops skills in the preparation and accomplishment of reprogramming and adjustments of funding to cover short falls, unanticipated expenses, and/or unexpected emergencies; identifies and refers to higher level officials reprogramming actions which require prior approval. Obtains and provides information concerning the propriety of using funds for specific purposes by researching appropriate legal and regulatory guides. Makes recommendations for transfer of funds between object class and line item accounts under the same appropriation or allotment when funds are needed to cover increases in obligations or when expenditures fall below established limits. Verifies, enters, and adjusts budgetary data in a variety of forms, schedules, and reports. Prepares data summaries for reports on budget execution, applying basic statistical formulas to illustrate the effects of changes in levels of funding for current projects.
-Assists in the performance of cost analyses. Performs or validates economic analyses for programs which are relatively stable throughout the year. Participates in cost comparison/benefit studies of current or projected programs and in developing lifecycle cost analyses of projects. Researches and analyzes data to derive relationships involving system parameters, schedule and cost variances. Ensures objectivity in statements of requirements and selection of alternatives to be costed and analyzed. Performs designated segments of more complex cost analysis projects assigned to higher level financial management staff.
-Uses automated financial management databases and systems and computer-generated products. Utilizes USAF and other federal government databases and systems to perform budget, cost analysis, and financial analysis studies and other assignments. Uses available information technology (IT) software programs to produce financial reports, plans, and schedules. Uses IT products to facilitate analyses of financial management information, such as costs, benefits, and trade-offs in obligation and expenditures of budget dollars.
-Carries out special projects designed to facilitate the full use of and enhance the intern's training and development. Assignments may include the researching data and preparing summaries for the use of higher level financial management staff; serving as a team member on large, complex financial management projects; assisting higher level employees in other financial management areas such as accounting and financial auditing by performing clearly defined, limited tasks; etc. Also may develop and present reports and briefings concerning the status and progress of training and developmental assignments.
SPECIALIZED EXPERIENCE: One year of specialized experience equivalent to at least the GS-07 grade level. Specialized experience is defined as knowledge of cost estimating methods and techniques. Ability to collect,organize, and analyze financial data. Ability to perform research to identify cost schedules and performance data. Ability to work accurately with figures. Ability to communicate orally,and in writing.
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.
To view qualifying educational requirements and/or combination of education and specialized experience, click on the following link:
FEDERAL TIME-IN-GRADE (TIG)Requirement for General Schedule (GS) Positions: Applicants must have served at least 52 weeks at the GS-07 or higher grade (or equivalent in an alternate pay system) within the Federal Civil Service to be considered for referral. The purpose of TIG restrictions is to prevent excessively rapid promotions in competitive service GS positions and to protect competitive principles.
Once the application and selection process is complete, a review of your application will be made to ensure you meet the applicable OPM qualification requirements. To determine if you are qualified for this job, a review of your resume and supporting documentation will be made. Applicants who fail to provide the necessary documentation to support their educational grade point average/masters degree requirements, qualifying experience or veterans' preference claim will be determined incomplete, ineligible or not identified as claiming veterans' preference. Please follow all instructions carefully. Errors or omissions may affect your consideration in the referral and selection process.
RECRUITMENT KNOWLEDGES, SKILLS, ANDABILITIES (KSA)
1. Knowledge of well established laws, regulations, policies, precedents, methods and techniques applicable to common budgeting, cost analysis, and financial analysis work.
2. Knowledge of commonly used budget formulation and execution practices, procedures, and guidelines.
3. Knowledge of management theories, principles, concepts and practices; and life cycle management policies, procedures, and practices.
4. Knowledge of the methods and techniques of research inquiry and cost.
5. Ability to research and analyze data and to interpret findings, and the ability to use IT to do so.
6. Ability to communicate orally and in writing.
IF YOU ARE QUALIFYING BASED ON EDUCATION, PLEASE SUMBIT COPIES OF ALL TRANSCRIPTS TO INCLUDE TRANSFERRED HOURS - OFFICIAL COPIES ARE NOT REQUIRED AT TIME OF APPLICATION. IF SELECTED, YOU WILL BE REQUIRED TO PROVIDE OFFICIAL COPIES OF ALL TRANSCRIPTS. ***NOTE*** Degree Audits are not accepted.
IF YOU QUALIFY BASED ON UNDERGRADUATE EDUCATION AND YOU HAVE NOT GRADUATED PRIOR TO APPLYING TO THIS POSITION, YOU MAY BE OFFERED A POSITION CONTINGENT UPON YOUR FINAL GRADE POINT AVERAGE OR CLASS RANKING.
CONDITIONS OF EMPLOYMENT:
1. Mobility - you may be required to relocate during or after completion of your training.
2. Successful completion of all training and regulatory requirements as identified in the applicable training plan.
3. Must be able to obtain and maintain a security clearance.
4. May be required to travel by military and/or civilian aircraft in the performance of official duties.
If you are a veteran with preference eligibility, submit a copy of your DD-214 (member 4 or other copy showing type of discharge). If you are eligible for 10-point veterans' preference, attach an SF-15 (utilize SF 15 with revision date of Aug 2008), "Application for 10-Point Veterans' Preference" plus the proof required by that form. (Approved VA Letter from the VA that shows percentage of disability, I.E. 10, 20. 30 etc.)
For more specifics on all veterans employment issues such as Veterans preference or special appointing authorities see the Veteran's Guide: http://www.opm.gov/staffingPortal/Vetguide.asp
The Department of Defense offers an excellent benefits program. In addition to your take-home pay, click here for an overview benefits currently offered to Federal employees.
Positions filled under General Schedule (GS) at entry level. Early promotion or re-promotions will not be granted. During the three-year training program, there will be annual promotion opportunities based upon meeting time-in-grade requirements, successful performance, and supervisory approval at each grade level. You will be eligible for noncompetitive promotion to the intervening and target grades dependent on satisfactory performance, successful completion of a full year of training at each lower grade level, and supervisory approval.
Selectee may be eligible for student loan repayment program; three year service agreement required.
All Federal employees are required by Public Law 104-134 to have federal payments made by Direct Deposit.
This position will be filled on a full-time permanent basis. Upon competing any required probationary period, the position will be permanent.
This position requires completion of a one year probationary period.
Male applicants born after December 31, 1959, who are 18 but not yet 26 years old, must be registered with the Selective Service System (or have an exemption) to be eligible for federal employment. For additional information, click here.
Interagency Career Transition Assistance Program (ICTAP): For information on how to apply as an ICTAP eligible click here. To be well-qualified and exercise selection priority for this vacancy, displaced Federal employees must be rated at 90 or above on the rating criteria for this position.
Employed Annuitants (Reemployed Annuitants): Applicants in receipt of an annuity based on civilian employment in the Federal Service are subject to the DoD Policy on The Employment of Annuitants. Click here for more information.
You can apply for a non-competitive appointment if you meet the basic eligibility requirements and you are eligible for special appointment such as those authorized for the severely disabled; certain Vietnam era and disabled veterans; returned volunteers from the Peace Corps or Vista, etc. Please indicate the type of special appointment you are seeking, if any, on your application and follow all other instructions for applying shown in this announcement.
You must upload/submit all required documents in order to be considered, i.e., Resume, All transcripts (we will accept unofficial), (DD 214, Veterans Award Letter and SF 15 if applicable).