Budget Analyst, GS-0560-14, FPL-14 (MP)

Commander, Navy Installations Command

$108K — $130K *
Education, Government & Non-Profit
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in budget management, preferable within federal agencies.
  • Proven ability to conduct financial analyses and resolve funding discrepancies.
  • Experience interpreting Congressional legislation and OMB policies.
  • Strong analytical skills related to budget execution and economic assessments.
  • Ability to lead and support financial audits and reconciliation activities.

Responsibilities

  • Plan and execute major budget activities for program components.
  • Advise management on Federal budget processes and legislative impacts.
  • Analyze budgets for Principal Office Components and present justification.
  • Review and manage allotments of funds for agency programs.
  • Lead reconciliation and audit activities for financial compliance.

Benefits

  • Comprehensive federal employee benefits package.
  • Family-friendly work environment with excused leave for personal obligations.
  • Alternative work schedules may be available to support work-life balance.
  • Potential recruitment and relocation incentives available.
  • Eligibility for Student Loan Repayment Program depending on service agreement.
Full Job Description
Summary

This position is located in Office of Planning, Evaluation and Policy Development in Washington. As a senior budget analyst, the incumbent plans, organizes, and carries out a major, substantive budget for a significant program component, ensuring the effective integration of program and budget planning.

Duties

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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 200 applications, 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-0560-14, you will be responsible for:

  • Planning and carrying out major, substantive budget execution activities for a significant program component, ensuring the effective integration for program and budget planning.
  • Providing authoritative interpretations of Congressional legislation and Office of Management and Budget (OMB) policies and precedents. Providing advice to top management on the Federal budget process. May develop, recommend, and implement budgetary policies affecting the financing and accomplishment of national programs.
  • Performing a wide variety of administrative and analytical duties connected with the review, justification and presentation of the budgets for a Principal Office Component (POC) or major component(s) of a POC. Providing long-range analysis of the potential effects of budgetary actions on national economic, social, and political objectives.
  • Reviewing, approving, disapproving, and recommending the amount and timing of allotments of funds to agency components and programs. Justifies budget to the Office of Management and Budget. Tracks progress of the Principal Office Component appropriations through Congress.
  • Responsible for leading reconciliation activities for all department offices and accounts. Responsible for the A-123 reporting and reconciliation and financial audits.


The U.S. Department of Education (ED) has interagency agreements (IAAs) with other agencies to ensure efficient delivery of funded programs and activities and move closer to fulfilling the President's promise to return education to the states. Employees may receive detail assignments to these agencies in support of the IAAs.

Requirements

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Conditions 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.

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).

Key Requirement (probationary period) - You may be required to serve a 1-year probationary period or 2-year trial period.

Key Requirement - Relocation will not be paid.

Key Requirement - Males 18 and over must be registered with the Selective Service.

Key Requirement - Must be a US Citizen

Key Requirement- May be required to complete background investigation and fingerprint check.

Qualifications

Minimum Qualification Requirements

You may meet the minimum qualifications for the GS-14, if you possess the specialize experience.

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 conducting analyses of appropriations, allotments, commitments, obligations, recoveries, or available balances to identify funding risks, resolve discrepancies, prevent over obligations, and minimize year-end lapses.

2. Experience developing, analyzing, and executing operating budgets, including developing spending plans, monitoring obligations or expenditures, analyzing variances, and recommending funding adjustments to ensure effective use of resources.

3. Experience applying Office of Management and Budget (OMB) guidance, appropriations, laws, or fiscal policies to budget formulation and execution activities or advising management on budgetary requirements.

Knowledge, Skills, and Abilities (KSAs)

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 organization's mission, programs, and legislative requirements to develop budgetary polices, establish programs goals and assess the impact of budget decision on department programs.

2. Skills in analyzing program requirements, conducting cost- benefits analyses, and evaluating alternative budget and program actions.

3. Knowledge of budget formulation and execution principles, policies procedures and administrative requirements to support organizational programs and mission objectives

4. Knowledge of financial management processes, including budget execution, financial reporting, and accounting systems.

Education

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

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.

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 financial disclosure.

Bargaining Unit: This position is included in the bargaining unit (American Federation of Government Employees (AFGE) Local 252).

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.

Benefits

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A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

As an ED employee, you will also benefit from our family-friendly work environment. As part of our commitment to maintain a work life balance, we offer excused leave for Parent/Teacher Conferences (3 hours); excused leave for annual health screenings (4 hours); and matching leave for community volunteer service. Other flexibilities that may be available to you include alternative work schedules. You may be eligible to receive a recruitment incentive for this position. To receive this incentive payment, you will be required to sign a service agreement obligating you to remain with the U.S. Department of Education for a specified period as agreed upon. You may be eligible to receive a relocation incentive for this position. To receive this incentive payment, you will be required to sign a service agreement obligating you to remain with the U.S. Department of Education for a specified period as agreed upon. You may be eligible to participate in the Student Loan Repayment Program as a recruitment incentive for this position. To receive student loan repayments, you will be required to sign a service agreement obligating you to remain with the U.S. Department of Education for a specified period as agreed upon.

Review our benefits

Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.

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