U

BUDGET ANALYST

U.S. Air Forces, Europe · Ramstein, Germany

$53k–$69kPosted pay
On-siteWorkplace
TodayPosted · Sep 24
USAJOBSSource
$110kfinancial analyst median
EducationMaster's degree

Skills in this posting

The posting

Performs budget formulation work involving review and preparation of annual funding needs for one or more future budget years for assigned, relatively stable organizations, activities, and/or accounts. Reviews and analyzes budget requests submitted by assigned organizations to ensure their consistency, accuracy, and adherence to instructions.

Performs 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, identifying and reporting differences which are not in keeping with annual work plans.

Provides advice, assistance, and guidance on budgeting and related information. Provides advice on budget and related matters such as types of funding available, effects of budgetary changes on related activities, and status and use of funds.

Conducts analyses, reviews, and special studies of budget and/or related information for assigned programs/organizations. Researches and analyzes available factual information, trends in the cost of accomplishing specific work objectives, and/or relationships among organizational needs/objectives.

Performs routine, individual economic analyses and impact studies. Researches and/or verifies costs supporting study and enters costs in accordance with program methodology. Selects and applies analytical techniques. Interprets source information and applies it to the studies/analyses.

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-07, or equivalent in other pay systems.

Examples of specialized experience includes knowledge of commonly used budgetary methods, practices, procedures, regulations, precedents, policies, and other AF, MAJCOM, and installation guides which apply to assigned budget accounts (e.g., organizational components, programs, services, object classes, and/or line items) to perform and advise on budget administration tasks and to identify and refer those reprogramming actions which require prior approval to officials at higher echelons.

Practical knowledge of the missions, functions, goals, objectives, work processes, and sources of funding of assigned budget activities in order to relate needs and accomplishments of the organization to anticipated actual dollar figures in the budget.

Knowledge of sources of factual information about the programs and finances of the organization's budget, such asthat found in accounting and data processing reports, payroll records, work reports, or inventory and sales data. Analytical skill is required to interpret the source information and apply it to the budget.

Knowledge of budget formulation processes to forecast annual revenues and expenses of assigned funds and to enter/adjust information in forms and schedules in acceptable budget formats (e.g., showing fund assets and liabilities).

Knowledge of budget execution processes and practices to determine whether obligations, expenditures, and requested allotments are within funding limitations in the approved budget. Knowledge of automated data processing concepts and systems capabilities to accomplish assigned budget functions.

OR EDUCATION: Successfully completed a masters or equivalent graduate degree or 2 full years of progressively higher level graduate education leading to such a degree or LL.B or J.D. in a field which demonstrates the knowledge, skills, and abilities necessary to perform the work of the position.

NOTE: You must submit copies of your college transcripts OR COMBINATION OF EXPERIENCE AND EDUCATION: A combination of education and experience may be used to qualify for this position as long as the computed percentage of the requirements is at least 100%. NOTE: You must submit a copy of your transcripts.

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-07 level is required to meet the time-in-grade requirements for the GS-09 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: Knowledge of commonly used budgetary methods, practices, procedures, regulations, policies, and processes to formulate, justify, and execute assigned budget supporting the employing organization's missions, functions, goals, objectives, work processes, and sources of funding.

Knowledge of automated data processing software programs and capabilities used to accomplish budget/funding tasks. Skill in gathering, assembling, and analyzing source of factual information, such as that found in accounting reports, payroll records, work reports, or inventory and supply data.

Skill in preparing written forms, schedules, and reports related to the obligation and expenditures of funds. Ability to make oral presentations on the budget, and conduct budget-related training to a variety of audiences. 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.

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