Job opening: Budget Analyst
Salary: $60 000 - 75 000 per year
Published at: Jan 24 2024
Employment Type: Full-time
This position is assigned to the NAF Systems Branch (N6Q) supporting Fleet and Family Readiness Support Services (N94); Commander, Navy Installations Command (CNIC); Millington, TN. Incumbent serves as Budget Analyst, providing support in financial analysis, budget planning, resource management and reporting within the NAF Systems Branch. This position involves assisting in the development, execution, and monitoring of budgets to ensure efficient and effective utilization of financial resources.
Duties
In order to qualify for this position, resumes must provide sufficient experience and/or education, knowledge, skills, and ability to perform the duties of the position. Applicant resumes are the key means for evaluating skills, knowledge, and abilities as they relate to this position therefore, applicants are encouraged to be clear and specific when describing experience.
Technical duties include but are not limited to:
Assist in the development of budgetary requirements and objectives based on program goals and strategic initiatives.
Analyze historical budget data, expenditure patterns, and program performance to identify trends and cost drivers.
Support the preparation of budget estimates, forecasts, and justifications for inclusion in the annual budget submission.
Provide input and recommendations regarding proposed budget changes and their potential impact.
Monitor the execution of budget allocations and track financial transactions against approved spending plans.
Contribute to the preparation of reports and briefings on the status of budget execution and financial performance.
Collaborate with program managers to assess the financial feasibility of proposed initiatives.
Prepare routine and ad hoc financial reports, cost-benefit analyses, and conduct other financial analyses as required.
Assist in the development of budgetary strategies and plans to support the Branch's mission and objectives.
Provide support and guidance to program managers in budget planning, financial management, and reporting.
Process payment requests in a timely manner.- Monitor payments to vendors.
Assist with the preparation of purchase requests for the branch sections and coordinate and communicate with the NAF Procurement Branch to ensure timely and accurate submissions.
Conduct NAF purchase credit cardholder actions as directed by Authorizing Official in accordance with NAF procurement standard operating procedures.
Maintain inventory of supplies and non-fixed asset equipment.
Provide general administrative support including data entry, filing, scheduling meetings, and preparing reports.
Provides cross training to colleagues as required or appropriate.
Performs other duties as assigned.
Requirements
- Must pass all applicable records and background check.
- Must successfully pass the E-Verify employment verification check. Any discrepancies must be resolved as a condition of employment.
Qualifications
Resumes must include information which demonstrates experience and knowledge, skills, and ability (KSAs) as they relate to this position. Applicants are encouraged to be clear and specific when describing their experience level and KSAs.
A qualified candidate possess the following:
A Master's degree or equivalent graduate degree in a field such as Accounting, Banking, Finance, Public Administration, Mathematics, Statistics, Political Science, or Sociology or two full years of progressively higher-level graduate education leading to such a degree; OR,
At least 2 years' specialized experience in a Budget Analyst position; OR,
A combination of education/experience.
A qualified candidate also possesses the following:
Knowledge of financial management principles, budgetary processes, and accounting practices.
Experience or demonstrated understanding of budget planning, formulation, execution, and monitoring.
Proficiency in financial analysis, forecasting, and reporting.- Knowledge of Navy Non-Appropriated Fund Instrumentalities.
Strong analytical skills with the ability to identify trends, patterns, and discrepancies.
Proficiency in spreadsheet software (e.g., Microsoft Excel), and financial management systems.
Proficiency in Microsoft Office Suite and Microsoft Teams.
Excellent communication skills with the ability to present complex financial information clearly and concisely both orally and in writing.
Ability to work independently and collaboratively in a team environment and manage multiple priorities and competing deadlines.
Knowledge of CNIC's organizational structure, functions, and mission.
Knowledge of industry-standard and organizationally accepted business and systems analysis principles and methods in financial customer support.
Knowledge of and skill in understanding organizational business processes and operations.
Skill in collaborating with customers and staff to identify and solve problems.
Skill in querying databases and other data sources, cleansing and normalizing data, preparing analysis and presenting data in an effective format using available technology tools.
Education
Basic educational requirements:
A 4-year course of study leading to a bachelor's degree in one of the following fields: Accounting, Banking, Finance, Public Administration, Mathematics, Statistics, Political Science, or Sociology;
OR
At least 24 semester hours in any combination of the following fields: Accounting, Banking, Finance, Public Administration, Mathematics, Statistics, Political Science, or Sociology.
In addition, the OPM Qualification Standard for the 0560 series specifies the amounts of education and/or specialized experience required to qualify for this position.
Contacts
- Address CNIC HQ
5720 Integrity Drive, Bldg. 457
Millington, TN 38055
US
- Name: CNIC NAF HRO
- Email: [email protected]
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