Summary

This position is located in the Finance Directorate, Budget Group (BG), Budget Formulation Division (BFD). The BG formulates and executes the FSA administrative budget; produces financial analysis; processes travel, reimbursements, invoices, and administrative payments; and produces budget reports and forecasts.

Duties

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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, AmeriCorps) 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.

Requirements

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Conditions of employment

Condition of Employment:

As a condition of employment for accepting this position, you may be required to serve a probationary period or trial period during which we will evaluate your fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider: - your performance and conduct; - the needs and interests of the agency; - whether your continued employment would advance organizational goals of the agency or the Government; and - whether your continued employment would advance the efficiency of the Federal service. Upon completion of your probationary period OR trial period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.

Key Requirements:

1. Must be a US Citizen.
2. Males 18 and over must be registered with the Selective Service.
3. Must complete a Background Investigation and Fingerprint check.
4. Must be determined suitable for federal employment.
5. Relocation expenses will not be paid.
6. You may be subject to serve a one-year probationary period.

You must meet all qualification requirements within 30 days of the closing date of this vacancy announcement.

Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills, and can provide valuable training and experience that translates directly to paid employment. We will consider all qualifying experience, including any volunteer experience.

Qualifications

Minimum Qualification Requirements

Specialized Experience for the GS-13 One year of experience in either federal or non-federal service that is equivalent to at least a GS-12 performing two (2) out of three (3) of the following duties or work assignments:

1. Experience in supporting multi-million dollar budgets for federal program offices or business corporations.

2. Experience supporting program managers and CORs in managing large, complex contracts include developing budget requests, tracking burn rates, revising budgets, answering Office of Management and Budget (OMB) or private sector equivalent, responding to audit requests and acquisition planning.

3. Experience supporting project managers creating and tracking life cycle costs for the development, implementation and operation of federal or private sector equivalent technology systems supporting civilian program operations (not just financial or accounting systems).

Specialized Experience for the GS-14 One year of experience in either federal or non-federal service that is equivalent to at least a GS-13 performing two (2) out of three (3) of the following duties or work assignments:

1. Experience in managing multi-million dollar budgets for federal program offices or business corporations.

2. Experience leading program managers and CORs in large, complex contracts including developing budget requests, tracking burn rates, revising budgets, answering Office of Management and Budget (OMB) or private sector equivalent data calls, responding to audit requests and acquisition planning.

3. Experience leading the creation and tracking of life cycle costs for the development, implementation and operation of federal or private sector equivalent technology systems supporting civilian program operations (not just financial or accounting systems).

Knowledge, Skills, and Abilities (KSAs) GS-13 The quality of your experience will be measured by the extent to which you possess the following knowledge, skills and abilities (KSAs). You do not need to provide separate narrative responses to these KSAs, as they will be measured by your responses to the occupational questionnaire (you may preview the occupational questionnaire by clicking the link at the end of the Evaluations section of this vacancy announcement).

1. Ability to compile and analyze datasets to create alternative budget scenarios and program

actions.

2. Ability to effectively and efficiently communicating verbally and in writing when developing recommendations.

3. Knowledge of a range of laws, regulations, principles, precedents, and internal practices of an organization to develop budgetary recommendations and assist in setting and implementing program goals.

4. Knowledge of the federal budget process to provide recommendations and interpretations of

legislation, policies, and precedents.

5. Skill in performing analytical and evaluative work associated with contracts and budget

activities.

Knowledge, Skills, and Abilities (KSAs) GS-14 The quality of your experience will be measured by the extent to which you possess the following knowledge, skills and abilities (KSAs). You do not need to provide separate narrative responses to these KSAs, as they will be measured by your responses to the occupational questionnaire (you may preview the occupational questionnaire by clicking the link at the end of the Evaluations section of this vacancy announcement).

1. Knowledge of governing budgetary policies, precedent setting decisions, procedures, and regulations issued by higher authority to assure budget forecasts, estimates, and submissions conform to requirements, guidelines, and financial objectives.

2. Ability to exercise independent judgment along with planning, organizing, and directing the work of programs/projects requiring substantial personnel and financial resources.

3. Skill in compiling and analyzing datasets to create alternative budget scenarios and program actions.

4. Knowledge of the federal budget process to provide recommendations and interpretations of legislation, policies, and precedents.

5. Ability to perform analytical and evaluative work associated with contracts and budget activities, such as contract procurement, budget execution, and budget forecasts.

Education

Education cannot be substituted for experience for this position and grade level.

Foreign Education:

Education completed in foreign colleges or universities may be used to meet education requirements if you can show that the foreign education is comparable to that received in an accredited educational institution in the United States. It is your responsibility to provide such evidence when applying. If you are using foreign education to meet qualification requirements, you must submit a Certificate of Foreign Equivalency with your transcript in order to receive credit for that education. For further information, please click Foreign Education.

Additional information

Veterans' Career Counseling: If you are a veteran interested in receiving tips on preparing a Federal resume and/or how to prepare for an interview, you may email [redacted] to schedule a session with a career counselor ("Veterans Counseling Session" should be placed in the subject line of the email).

Student Loan Default: If selected for this position, we will verify that you have not defaulted on any loan funded or guaranteed by the U.S. Department of Education. If you are found to be in default, we will contact you to make arrangements for repayment prior to making an official offer of employment.

Suitability and Investigation: If selected for this position, you will be required to complete the Declaration for Federal Employment (OF-306) to determine your suitability for federal employment and successfully complete a pre-appointment investigation/background check.

Essential/Non-Essential: This position is considered non-essential for purposes of reporting to work during federal government closures.

Financial Disclosure: This position does not require a financial disclosure.

Bargaining Unit: This position is included in the bargaining unit American Federation of Government Employees (AFGE).

Selections: Agencies have broad authority under law to hire from any appropriate source of eligibles and may fill a vacancy in the competitive service by any method authorized. We may make additional selections from this vacancy announcement within 90 days from the date the selection certificates are issued, should vacancies occur. We may also share selection certificates amongst program offices across the agency.

Reasonable Accommodation Requests: If you believe you have a disability (i.e., physical or mental), covered by the Rehabilitation Act of 1973 as amended that would interfere with completing the USA Hire Competency Based Assessments, you will be granted the opportunity to request a RA in your online application. Requests for RA for the USA Hire Competency Based Assessments and appropriate supporting documentation for RA must be received prior to starting the USA Hire Competency Based Assessments. Decisions on requests for RA are made on a case-by-case basis. If you meet the minimum qualifications of the position, after notification of the adjudication of your request, you will receive an email invitation to complete the USA Hire Competency Based Assessments, based on your adjudication decision. You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments, if you received the link after the close of the announcement. To determine if you need a RA, please review the