Budget Analyst, GS-0560-13​/14, FPL GS-14 (DH

Budget Analyst

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, Ameri Corps) 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.