Federal Aviation Administration

Financial Analyst

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of specialized financial analysis experience in government or related field.
  • Experience with automated financial management systems, preferably PRISM, DELPHI, or similar.
  • Proven ability to analyze and improve budget processes.
  • Expertise in compiling and reconciling budgetary data across financial platforms.
  • Strong communication skills for preparing reports and facilitating stakeholder meetings.

Responsibilities

  • Analyze and formulate financial plans for Facilities and Equipment and research budgets.
  • Utilize automated systems to ensure accuracy and integrity of budget data.
  • Guide less-experienced staff in financial analysis and budget formulation processes.
  • Develop reports and presentations to support decision-making and stakeholder engagements.
  • Identify and resolve complex budgetary challenges independently.

Benefits

  • Comprehensive benefits package including health, life, and retirement plans.
  • Access to federal employee programs designed to enhance career development.
  • Eligibility for paid time off and family-friendly policies.
Full Job Description
Summary

The Office of Capital Budgets formulates, executes, and maintains financial systems in support of Facilities and Equipment and Research, Engineering, and Development budget justifications, financial plans, inquiries, and audits. The Capital Budgets Division has three branches. The duties of this position will serve within the Capital Budgets Division, performing multiple, varying duties and responsibilities under the direction of a branch manager.

Duties

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Serves as a Financial Analyst performing duties that may include financial planning; review/evaluation of programs; budget formulation and/or execution; audits of funding levels, sources, and program plans; and/or responding to internal and external inquiries. Utilizes automated accounting systems to include PRISM, DELPHI, REGIS, Corporate Work Plan (CWP), OBIWAN, and SPIRE to ensure the integrity, quality, and timeliness of data and decision making to meet the needs of FAA programs and projects. Applies experience and comprehensive knowledge of the budget processes to comply with the requirements and regulations of the FAA, Department of Transportation (DOT), and federal government including the Treasury Department, Office of Management and Budget (OMB), Government Accountability Office (GAO), and Congress.

Provides guidance to less-experienced professionals; Develops and maintains internal management controls over automated accounting systems, subsystems and procedures to ensure financial data meets the needs of organizational programs and administrative operations. Use automated budget and accounting systems and financial analysis techniques to develop, modify, and convert financial information for presentations, reports, and other documents.

Established policies/procedures provides guidance for most assignments, but the employee has discretion to select the most appropriate approach(es) or develop new approaches. Assignments may require reference to internal and external policies and extrapolation from precedents.

Acts as an individual contributor and member of the division for the effective management of Facilities and Equipment (F&E) and Research, Engineering, and Development (RE&D) budgets. Manages multiple programs and/or projects simultaneously. Provides a broad range of analytical support to the managers and Director. Identifies, researches and solves a broad and complex range of budget challenges and presents findings and recommendations effectively. Develops charts, graphs, briefings, and other reports for interactions with stakeholder organizations. Prepares, reviews, and recommends reports on programs and other budget activities.

Contacts are internal and external. Works collaboratively and communicates effectively with others across lines of business, leading or supporting budget tasks and projects simultaneously and independently in a fast-paced, results-oriented environment. Resolves most problems and work issues without the assistance of a manger. However, elevates issues as necessary or appropriate. Work is typically reviewed at completion for success in achieving planned results.

Requirements

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Conditions of employment

  • US Citizenship is required.
  • Selective Service Registration is required for males born after 12/31/1959.
  • Must submit an SF50 (See Required Documents).


Qualifications

To qualify for this position, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to the FV-H, FG/GS-12 level. This experience is typically related to the line of work of the position to be filled and which has equipped the applicant with the particular knowledge, skills, and abilities to successfully perform the duties of the position. To be creditable, specialized experience must have been at least equivalent to the next lower level in the normal line of progression for the occupation in the organization.

SPECIALIZED EXPERIENCE STATEMENT:

Experience applying financial concepts, principles, practices, laws, and regulations in analyzing data.

Experience in analyzing work processes and procedures and making recommendations to improve business processes.

Experience collecting, analyzing, and reconciling budgetary data across financial systems.

Experience researching, analyzing information/data, and composing a variety of correspondence and reports.

You should include relevant examples of the specialized experience in your work history. Errors or omissions may impact your rating or may result in you not being considered.

Answer all questions to the best of your ability. DO NOT ASSUME THAT BECAUSE YOU HOLD, OR HAVE HELD THIS POSITION, YOU WILL AUTOMATICALLY BE FOUND ELIGIBLE. You may be asked to provide evidence or documentation that you have this type of experience later in the selection process. Your responses are subject to verification through job interviews, or any other information obtained during the application process. Any exaggeration of your experience or any attempt to conceal information can result in disqualification.

*Applicants who fail to demonstrate possession of any of the above criteria AND who do not provide the required documentation will receive no further consideration for this position.*

Applicants may be asked to verify information on your application for employment with the FAA.

**All qualification requirements must be met by the closing date of this vacancy announcement.**

Eligible applicants meeting the

minimum qualification requirements and/or selective placement factor(s) (SPF)

may be further evaluated on the Knowledge, Skills and Abilities (KSA) and/or

Quality Ranking Factor (QRF) listed in the announcement. Based on this

evaluation, applicants will be placed in one of the following categories: (1)

score order; (2) category grouping; (3) alphabetical; or (4) priority grouping,

and referred to the selecting official for selection consideration.

NATCA Multi-unitInterview Criteria: Article 42, Section 5 states: If the Agency decides to interview any qualified employee on the selection list, then all on the list who are qualified must be interviewed. If the selection list is shortened to a best qualified list through a comparative process, then the best qualified list shall be considered to be the selection list. If it is determined that interviews are required and telephone interviews are not utilized, travel expenses incidental to these interviews will be paid in accordance with the Agencys travel regulations and this Agreement.

Education

Education cannot be substituted for experience.

Preview job questionnaire

Make sure your resume includes detailed information to support your qualifications and answers to the job questionnaire.

Additional information

We may use this vacancy to fill other similar vacant positions.

Position may be subject to a background investigation.

A one-year probationary period may be required.

The person selected for this position may be required to file a financial disclosure statement within 30 days of entry on duty. FAA policy limits certain outside employment and financial investments in aviation-related companies. www.faa.gov/jobs/workinghere/financial-disclosure-requirements

NOTES:

1. This position is covered by the FAA Core Compensation plan. Additional information about Core Compensation is available at: https://www.faa.gov/jobs/working_here/benefits

2. As a part of the Federal-Wide Hiring Reform Initiative (streamlining the hiring process), the FAA is committed to eliminating the use of Knowledge, Skills and Ability (KSA) narratives from the initial application in the hiring process for all announcements. Therefore, as an applicant, you are NOT required to provide a narrative response in the text box listed below each KSA.

In lieu of providing a KSA narrative response in the text box listed below each KSA section, in your work history, please include information that provides specific examples of how you meet the response level or answer you chose for each KSA. Your work history examples should be specific and clearly reflect the highest level of ability. Your KSA answers will be evaluated further to validate whether the level that you selected is appropriate based on the work history and experience you provided. Your answers may be adjusted by a human resource specialist as appropriate.

3. This Level 5 (Moderate Risk; Public Trust) position requires favorable adjudication of a Minimum Background Investigation (MBI) background investigation prior to appointment, unless a waiver is obtained.

Links to Important Information: Locality Pay, COLA

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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.

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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