Budget Analyst, GS-0560-14, FPL-14 (MP)

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 200 applications, 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-0560-14, you will be responsible for: Planning and carrying out major, substantive budget execution activities for a significant program component, ensuring the effective integration for program and budget planning.

Providing authoritative interpretations of Congressional legislation and Office of Management and Budget (OMB) policies and precedents. Providing advice to top management on the Federal budget process. May develop, recommend, and implement budgetary policies affecting the financing and accomplishment of national programs.

Performing a wide variety of administrative and analytical duties connected with the review, justification and presentation of the budgets for a Principal Office Component (POC) or major component(s) of a POC. Providing long-range analysis of the potential effects of budgetary actions on national economic, social, and political objectives.

Reviewing, approving, disapproving, and recommending the amount and timing of allotments of funds to agency components and programs. Justifies budget to the Office of Management and Budget. Tracks progress of the Principal Office Component appropriations through Congress.

Responsible for leading reconciliation activities for all department offices and accounts. Responsible for the A-123 reporting and reconciliation and financial audits. The U.S.

Department of Education (ED) has interagency agreements (IAAs) with other agencies to ensure efficient delivery of funded programs and activities and move closer to fulfilling the President's promise to return education to the states. Employees may receive detail assignments to these agencies in support of the IAAs.

Minimum Qualification Requirements You may meet the minimum qualifications for the GS-14, if you possess the specialize experience.

Specialized Experience for the GS-14 One year of experience in either federal or non-federal service that is equivalent to at least a GS-13 performing two (2) out of three (3) of the following duties or work assignments: 1.

Experience conducting analyses of appropriations, allotments, commitments, obligations, recoveries, or available balances to identify funding risks, resolve discrepancies, prevent over obligations, and minimize year-end lapses. 2.

Experience developing, analyzing, and executing operating budgets, including developing spending plans, monitoring obligations or expenditures, analyzing variances, and recommending funding adjustments to ensure effective use of resources. 3.

Experience applying Office of Management and Budget (OMB) guidance, appropriations, laws, or fiscal policies to budget formulation and execution activities or advising management on budgetary requirements.

Knowledge, Skills, and Abilities (KSAs) The quality of your experience will be measured by the extent to which you possess the following knowledge, skills and abilities (KSAs).

You do not need to provide separate narrative responses to these KSAs, as they will be measured by your responses to the occupational questionnaire (you may preview the occupational questionnaire by clicking the link at the end of the Evaluations section of this vacancy announcement). 1.

Knowledge of organization's mission, programs, and legislative requirements to develop budgetary polices, establish programs goals and assess the impact of budget decision on department programs. 2. Skills in analyzing program requirements, conducting cost- benefits analyses, and evaluating alternative budget and program actions. 3.

Knowledge of budget formulation and execution principles, policies procedures and administrative requirements to support organizational programs and mission objectives 4. Knowledge of financial management processes, including budget execution, financial reporting, and accounting systems.