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Job opening: Budget Analyst

Salary: $99 200 - 153 354 per year
Published at: Mar 08 2024
Employment Type: Full-time
This position serves as a Budget Analyst assigned to a DOL agency at the national office. The primary purpose of the position is to serve as a technical authority related to budget formulation and/or execution, and provide expert advisory services to managers and program leads related to budgetary matters. This position is inside the bargaining unit.

Duties

This position involves a multi-grade career ladder. The major duties listed represent the full performance level of GS-13. At the GS-12 grade level, you will perform assignments of a more limited scope and with less independence. You will progressively acquire the background necessary to perform at the full performance level of GS-13. Promotion is at the discretion of the supervisor and is contingent upon satisfactory performance, availability of higher-level work, and availability of funds. Promotion is not guaranteed, and no promise of promotion is implied. Prepares financial reports for submission to multiple authorities. Responds to inquiries and data calls regarding budgetary operations. Ensures that funds distribution promotes overall strategic goals and objectives; annual expenditures reconcile to the cost target allocations; and budget expenditures do not exceed authorized spending limits. Conducts special analytical studies in support of a wide variety of organizational and management needs. Manages or participates in official audits, risk assessments, and other internal and external control reviews. Analyzes the proper expenditure and tracking of grants and agreements monies, including funds for inter-agency and interdepartmental projects. May oversee various automated budget systems and processes. Analyzes and reviews annual and multi-year performance for the organization served. Develops quantitative and statistical reports and summaries. Coordinates the input of workload and performance targets and accomplishments into the automated systems as appropriate. Performs financial analyses to determine trends, make projections, and identify opportunities/ constraints. Develops, prepares, and/or submits detailed analyses, estimates, proposals, and justifications for annual funding needs for current and out-year activities. Establishes new methods, techniques, and processes for lower-level personnel to monitor, check, and control the use of funds and ensure budget activities are appropriately managed. Coordinates with upper management to identify excess funding and match it with established unfunded needs and priorities. Analyzes budgetary data utilizing analytical techniques such as cost-benefit analysis, budget impact analysis, linear programming, variance analysis, and decision theory. Manages year-end closing to ensure proper and full use of funds. Provides guidance, recommendations, and strategies regarding national budget activities and actively resolves issues caused by conflicting budgetary, workload, and program objectives. Consolidates lower-level annual and multi-year budget estimates and justifications for assigned organizations and/or programs into a single budget request. Reviews and evaluates the submissions from lower-level organizations. Interprets and assesses the impact of new and revised legislation on the formulation of budgets. Projects and analyzes the potential effects of budgetary actions on program viability and attainment of national program objectives across the organization served. Provides authoritative budgetary advice and authoritative interpretations of law and policy to managers, supervisors, program managers, and lower-level personnel regarding the costs and benefits of proposed actions. Executes budget activities and operations for the organization served. Manages complex budget transactions such as the expenditure of direct appropriations (including offsetting collections), mandatory (permanent) appropriations, transfers from other agencies, contributions, and/or reimbursements. Distributes sub-allotments to program areas. Certifies the availability of funds in the automated financial system. Promotion Potential: The selectee may be promoted to the full performance level without further competition when all regulatory, qualification, and performance requirements are met. Selection at a lower grade level does not guarantee promotion to the full performance level.

Requirements

  • Must be at least 16 years old.
  • Must be a U.S. Citizen.
  • Candidate required to obtain the necessary security/investigation level.
  • Requires a probationary period if the requirement has not been met.

Qualifications

You must meet the Specialized Experience to qualify for Budget Analyst position as described below. Specialized Experience is the experience that equipped the applicant with the particular knowledge, skills, and abilities (KSA's) to perform the duties of the position successfully, and that is typically in or related to the position to be filled. To be creditable, specialized experience must have been equivalent to at least the next lower grade level. GS-12: Applicants must have 52 weeks of specialized experience equivalent to at least the next lower grade level, GS-11, in the Federal Service. Qualifying specialized experience for the GS-12 position includes ALL of the following: Assisted with the formulation, review, and analysis of budgeting information and its execution in ALL of the following areas: 1) Formulating budget estimates for an assigned area or program; and 2) Participating in long-range financial planning and budgetary authorizations; and 3) Extracting and analyzing data from multiple inputs and translating into actionable metrics (e.g., monitoring trends, making projections, budget constraints, and/or opportunities.) GS-13: Applicants must have 52 weeks of specialized experience equivalent to at least the next lower grade level, GS-12, in the Federal Service. Qualifying specialized experience for the GS-13 position includes ALL of the following: Independent experience, with limited review, overseeing the formulation, review, and analysis of budgeting information and its execution in ALL of the following areas: 1) Formulating budget estimates for an assigned area or program; and 2) Leading and/or participating in long-range financial planning and budgetary authorizations; and 3) Extracting and analyzing data from multiple inputs and translating into actionable metrics (e.g., monitoring trends, making projections, budget constraints, and/or opportunities.)

Education

This job does not have an education qualification requirement.

Contacts

  • Address Employment and Training Administration 200 Constitution Avenue NW Washington, DC 20210 US
  • Name: Pamela Morales
  • Phone: 972-850-4754
  • Email: [email protected]

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