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FINANCIAL MANAGEMENT/COST ESTIMATING SPECIALIST

Air Force Materiel Command

Lackland AFB, TXFull-time$91–118K/yrPosted 2 days ago

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At a glance

Compensation
$91–118K/yr
Location
Lackland AFB, TX
Schedule
Full-time
Work Authorization
Not specified

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Job overview

The Financial Management/Cost Estimating Specialist performs comprehensive financial analysis, planning, budgeting, and cost‑schedule evaluation for assigned programs, translating raw requirements into resource exhibits and ensuring balanced execution of DoD appropriations over multi‑year development cycles.

Skills & qualifications

RequiredNice to have

Skills

Knowledge of Budgeting PoliciesKnowledge of Financial AdministrationKnowledge of DoD Acquisition RequirementsKnowledge of GAAP StandardsSkill in Formulating Financial RequirementsAbility to Gather and Analyze Data Using Financial SystemsSkill in Variance AnalysisSkill in Reprogramming ActionsKnowledge of Financial Data AnalysisSkill in Using Specialized Financial Systems

Full job description

Summary

Click on "Learn more about this agency" button below for IMPORTANT additional information. The primary purpose of this position is to perform financial analysis with responsibility for all aspects of planning, analysis, formulation, justification, presentation, execution and review of all appropriations associated with programs assigned.

Duties

  • Responsible for planning, programming, scheduling, budgeting, evaluation of cost and schedule performance, status-management reporting, reprogramming and other financial management functions related to assigned programs. - Analyzes budgetary requirements and prepares budgets. Provides advice and guidance to program managers on the interpretation of budget policy and the formulation of budget requests in support of the five-to-seven year system development cycle. - Translates raw requirements data submitted by program managers into comprehensive resource exhibits/narratives for timely submission into Planning, Programming and Budgeting System (PPBS) resource cycle for the purpose of achieving balanced information operations resource programs and effective execution of available resources. - Accurately addresses variances between programmed and actual execution rates after meticulous analyses and coordinations with program managers or other DoD and Federal agencies. Qualifications

In order to qualify, you must meet the quality level experience requirements described in the Office of Personnel Management (OPM) Qualification Standards for General Schedule Positions, Administrative and Management Positions. EXPERIENCE REQUIRED: Your resume must reflect the quality level of experience which demonstrates the possession of the knowledge, skills, abilities, and competencies necessary for successful job performance required for this position. Examples of creditable experience include: In-depth knowledge of the principles, practices, policies, and laws of budgeting and financial administration to plan, schedule, and budget for complex, multi-phased programs. Ability to evaluate cost and schedule performance, conduct variance analysis, and perform reprogramming actions. Skill in utilizing specialized financial systems to gather, analyze, and synthesize diverse financial data into comprehensive budget estimates and status-management reports. KNOWLEDGE, SKILLS AND ABILITIES (KSAs): Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities and/or competencies in the following areas: 1. Knowledge of the policies, principles, concepts, guidance, procedures, techniques and methodologies pertaining to analysis of financial data. 2. Knowledge of DoD acquisition requirements, development and approval processes. 3. Knowledge of the requirements, techniques, procedures and practices of generally accepted accounting principles and standards. 4. Skill in formulating, justifying and/or analyzing financial requirements of the assigned program. 5. Ability to gather, assemble and analyze data using financial systems to prepare budget estimates, develop alternatives and make recommendations to resolve budget/funding problems. PART-TIME OR UNPAID EXPERIENCE: Credit will be given for appropriate unpaid and or part-time work. You must clearly identify the duties and responsibilities in each position held and the total number of hours per week. VOLUNTEER WORK EXPERIENCE: Refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student and social). Volunteer work helps build critical competencies, knowledge and skills that can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

How You Will Be Evaluated

Your application package (resume, supporting documents, and responses to the questionnaire) will be used to determine your eligibility, qualifications, and quality ranking for this position. Please follow all instructions carefully. Errors or omissions may affect your rating or consideration for employment. BASIS OF RATING: Your application will be rated under the Cut Point procedures based on the extent to which the quality, depth, and complexity of your experience and education relate to the qualification requirements. Additional points are not added for Veteran's Preference; however, Veteran's Preference is considered where applicable. Best Qualified Group: Candidates in this category possess exceptional skills and experience to exceed well above the minimum requirements. Fully Qualified Group: Candidates in this category possess good skills and experience above the minimum requirements. Basically Qualified Group: Candidates in this category meet the minimum education and/or experience requirements. Your responses to the questionnaire may be compared to the documents you submit. The documents you submit must support your responses to the online questionnaire. If your application contradicts or does not support your questionnaire responses, you will receive a rating of "not qualified" or "insufficient information" and you will not receive further consideration for this job. Applicants who disqualify themselves will not be evaluated further. Other Information

Employed Annuitants (Reemployed Annuitants): Applicants in receipt of an annuity based on civilian employment in the Federal Service are subject to the DoD Policy on The Employment of Annuitants. Click here for more information. 120-Day Register: This announcement may result in a 120-day register that may be used to fill like vacancies for 120 days after the closing date. Applicants may be referred for consideration as vacancies occur. Direct Deposit: All federal employees are required to have direct deposit. Disabled veteran leave is available to a Federal employee hired on/after 5 Nov 2016, who is a veteran with a service-connected disability rating of 30% or more. For more information, click here. If you have questions regarding this announcement and have hearing or speech difficulties click here.

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