Financial Analyst

Summary

The Office of Budget & Programs develops budget requests & provides budget justifications to the Department of Transportation Budget & Performance Office, the Office of Management & Budget, and various House & Senate committees. The organization prepares financial & staffing reports, conducts analytics & forecasts payroll & non-pay requirements. The organization staff serves as the Resource Management for financial activities for the Office of Finance Management & its 4 Functional Service Areas.

Duties

The Analyst serves as a senior Financial Analyst and recognized subject matter expert within the Operating Budgets Division and the AFN Resource Management Branch (ABP-250). Provides leadership for highly complex and challenging activities under the minimal direction of management, senior analyst or the Division Manager. The Analyst shares responsibility for the performance of programs/projects and work activities. The Financial Analyst provides data analysis on operation appropriations and spending controls for FAA lines of business and staff offices. Applies experience and expert knowledge that are applicable to conduct functional activities for projects/programs that often require the development of new and innovative approaches. Analyzes internal hiring plans for compliance and makes recommendations to resolve recurring or arising problems. Tracks, monitors and analyzes the use and rate of expenditure of budgeted funds through continuing dialogue with program offices, review of written documents, and examination of financial records. Conducts research and collects data for the development of financial analyses for business issues. Responsible for conducting research/data collection and the development of economic and financial analyses for issues that may not have been previously examined. Applies expertise and advanced knowledge in developing complex financial models, and use the models to conduct financial or statistical analysis, forecasting and "what-if" analyses. May act as a principal specialist or team lead addressing complex staffing and financial analysis. Defines and directs challenging projects/ programs/activities. Provides statistical analysis for internal and external customers, including FAA Executives on managing resources effectively and efficiently. Evaluates and interprets established internal policies, procedures and management controls to ensure adequacy. Applies knowledge of federal or public sector budget principles to identify, define, and organize resources for large projects/programs and work activities. Acquires and allocates resources to accomplish activities within established schedules and budgetary requirements. Acts with substantial independence and broad discretion in meeting the work objectives of ABP and AFN more generally. Works with senior management to identify and resolve problems. Develops and recommends approaches to address current and anticipated problems and issues to address financial discrepancies. Where appropriate, the Analyst applies knowledge and understanding of the Financial Integrated Tool (FIT). Functions as lead in the preparation; consolidation and analysis of quarterly spend plan scenarios across AFN. Coordinates and communicates schedule, guidance, assumptions and targets to ensure reported requirements and justifications are accurate and complete. May prepare and present executive summary on program and funding requirements and the financial impact. Prepares briefings, participates in senior management discussions and provides recommendations for addressing impact and decision mapping. The Analyst could be responsible for formulate and make recommendations to senior management on major projects/ policies/issues including the execution phases of the Zero Based Budget (ZBB). Prepares, reviews, and recommends approvals of major reports on projects, programs and other work activities for internal and external distribution. Coordinates schedule, provides guidance and recommendations and consolidates for final submission. Provides expert guidance and instruction both internally and externally to address diverse, complex issues which often cross multiple projects, programs, and/or functional areas. Often asked to develop new policies, procedures, and approaches that take into consideration FAA policies, Government-wide rules and regulations, and external concerns. May create new solutions and policy interpretations as situations require. Requirements

We are not accepting applications from noncitizens. 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-I, FG/GS-13 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 developing complex financial models; and experience tracking, monitoring, and analyzing the use and rate of expenditure of budgeted funds. 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-unit Interview 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 Agency¿s travel regulations and this Agreement.

Education

Education cannot be substituted for experience. How You Will Be Evaluated

IMPORTANT: Applicants may be rated on the extent and quality of experience, education, and training relevant to the duties of the position(s). All answers provided in the on-line process must be substantiated. Ensure that your application package/resume supports your responses. Other 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