Job opening: Financial Management Analyst, MC-501-4A
Salary: $117 840 - 160 610 per year
Published at: Dec 03 2024
Employment Type: Full-time
This position is located in the Financial Management Division (FMD), Departments of Administration and Finance (A&F), Millennium Challenge Corporation (MCC).
Although the position is advertised equivalent to GS-13, MCC uses a pay banded system to compensate employees. This position is pay band 4A which is generally equal to GS-13.
Duties
The Financial Management Analyst works under the guidance of the Director of Program Finance providing support for MCC's grant programs which includes budgeting support, disbursement tracking, and execution of the grant funding for MCC's compacts and threshold programs and will perform the following duties and responsibilities to include:
Budget and financial coordination - Assist in tracking grant milestones and preparing necessary documentation for funding commitments and obligations. Work with financial representatives from country teams to ensure proper fiscal coding.
Disbursement tracking - Support the review and monitoring of quarterly disbursement request packages and monthly reconciliations received from MCC's grantees for active grants and country programs managed by foreign entities. Ensure compliance with policies for submission and approval.
Reconciliation and reporting - Assist in regular reconciliation to ensure grant obligations and disbursements are properly tracked in MCC's financial system. Research discrepancies and collaborate with colleagues and MCC's shared service provider to resolve issues.
Systems Support - Work with the Office of the Chief Information Officer (OCIO) and other MCC departments to ensure that financial systems are set up correctly for processing disbursements and generating reports. Ensure payment data from the Department of Treasury is loaded into MCC's grant reporting system.
Financial analysis and reporting - Prepare reports and analyses related to grant performance, disbursement trends, and other key financial indicators.
Liaison and coordination - Serve as a point of contact for MCC's shared service provider regarding grant obligations and disbursements. Monitor shared mailbox and respond to routine queries, escalating complex issues as needed.
Document Management - Assist in maintaining internal process manuals related to the financial management of grants, including obligations, disbursement processing, and reconciliations. Ensure documentation is up to date and accessible.
Audit support - Provide support during financial audits by reviewing documentations, collecting necessary artifacts, and preparing reports as requested.
Other duties - Perform additional duties as assigned.
Requirements
- Must be able to obtain and maintain a federal security clearance
- More than 1 job may be filled if additional vacancies occur within 120 days
- Relocation expenses will not be paid
- Some domestic and international travel may be required
Qualifications
To qualify for pay band 4A applicants must meet the following:
Have at least one year of specialized experience relevant to the position duties and comparable to the MCC Pay Band 4B (GS-12) or an equivalent level which is directly related to the work of this position and which has equipped the applicant with the knowledge, skills, and abilities to perform successfully the duties of the position. For this position, this experience is defined as: assisting in the development, analysis, and execution of financial plans or budgets for a federal program or agency; preparing budget justification materials and reconciling discrepancies in program budgets; conducting in-depth analysis of financial data to identify trends, discrepancies, or variances; preparing detailed financial reports or recommendations to improve the efficiency or accuracy of financial processes; supporting audits or reviews by gathering data and ensuring internal controls are followed within financial operations; providing guidance or responding to inquiries regarding budget, accounting, or financial system procedures; monitoring compliance with financial management policies, procedures, and federal regulations; and communicating succinctly and effectively, orally and in writing. Note: this experience MUST be well documented within your resume or application.
Time-in-Grade: Time-in-grade requirements apply. You must have one year of Federal service equivalent to Pay Band 4B or GS- 12 to be eligible for pay band MC- 4A.
Applicants are strongly encouraged to ensure the work history portion thoroughly documents the duties, responsibilities, and accomplishments that are directly related to this position in order to verify specialized experience.
A new hire's direct and overall experience are critical factors in determining a salary offer. It is important that your resume fully reflects all of your directly related work experience. Salary offers include three key factors:
The selectee's directly related experience at the same level as the position.
The selectee's overall experience in a particular area.
The salaries of employees in similar positions and with similar levels of experience.
MCC also takes the selectee's skill set into account. Applicants should note that salary offers seldom fall near the upper end of the salary range listed in the vacancy announcement. Salary may be set from the minimum to the midpoint of the salary range of the pay band. In some instances, based on a selectee's extensive experience directly related to the position, salary may be set at or above the mid-point up to the maximum salary for that pay band. See information on MCC base pay ranges and salary structure (https://www.mcc.gov/careers/compensation/.
Contacts
- Address Department of Administration and Finance
1099 - 14th St, NW
Washington, DC 20005
US
- Name: MCC HR-Applications
- Email: [email protected]
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