1295 - Budget Analyst - Budget Formulation and Execution – SME

Budget Analyst - Budget Formulation and Execution
Skill Level: Subject Matter Expert
Location: Bethesda


** MUST HAVE A POLY CLEARANCE TO APPLY**


Key Responsibilities:

• Provide expert insights to support and contribute to the analysis and reporting of a component’s financial activities and budget.
• Assist in crafting comprehensive spend plans and closely monitor financial execution activities.
• Record and track interagency agreements for facilitating Economy Act and other financial transactions.
• Document financial commitments, obligations, and expenses with precision and accuracy.
• Ensure meticulous preparation and processing of transactions, verifying and certifying payments.
• Collaborate with stakeholders to execute budgets effectively, ensuring alignment with programmatic goals and optimal resource utilization.
• Generate detailed budget reports encompassing funding and activity summaries for various stakeholders, including different offices, component, and NIP programs.
• Assist in the development of budget submissions, ensuring alignment with strategic goals.
• Contribute to the creation of fiscal guidance and implantation schedules for each budget phase, subject to review and acceptance.
• Support adherence to Planning, Programming, Budget, and Execution (IPPBE) deadlines and milestones, facilitating participation in necessary processes.
• Contribute to the enhancement of operational procedures by recommending and implementing process improvements.
• Maintain a meticulous record and tracking system for interagency agreements, facilitating seamless financial transactions.
• Resolve outstanding financial obligations and undelivered orders proficiently.
• Provide dedicated support to COTRs and the Chief of Staff, aiding in the execution of their requirements and addressing process-related inquiries.
• Engage in developing insightful budget analysis, participating in financial data calls, and conducting portfolio reviews.
• Collaborate in the development and evaluation of fiscal program builds for both internal components and Programs.
• Devise effective methods to track spending, execution, commitments, obligations, and expenses for the component.
• Develop strategic program briefs to effectively communicate critical information.
• Conduct comprehensive assessments of the budget, ensuring balance across various functions and disciplines.
• Contribute to and generate various communication materials, such as talking points, briefs, and reports pertaining to budgets, for dissemination through interagency forums and working groups.
• Collaborate closely with USG and IC partners in large interagency forums and working groups, fostering effective communication and collaboration.
• Provide expert guidance and produce reports related to budget and financial activities for the component.
• Generate budget reports for different offices, components, and NIP programs, including funding and activity summary profiles.
• Assist in developing, reviewing, and responding to budget exercise submissions to align with organizational strategic goals.
• Aid in developing fiscal guidance and implementation schedules for each budget phase, subject to review and acceptance.
• Contribute to the development of Standard Operating Procedures (SOPs) and recommend process enhancements.
• Contribute to the development of budget analysis, financial data calls, and portfolio reviews.
• Aid in developing and evaluating fiscal program builds for both internal components and Programs.
• Draft narratives, vignettes, and input for the Congressional Budget Justification Book (CBJB) to Congress.
• Generate talking points, briefings, products, reports, and congressional directed action responses pertaining to the NIP, delivering these to large interagency forums and working groups.
• Assess the budget across cross-functional areas and disciplines.
• Participate in the full cycle of planning, programming, budgeting, and evaluation.
• Collaborate with partners through large interagency forums and working groups.
• Collect and analyze various financial reports and data calls through strategic portfolio reviews.
• Track congressional legislation and its impacts on the NIP budget.
• Develop standard operating procedures and deliver training.
• Develop and produce cost-benefit trade-offs and investment strategies for the NIP budget.

• Typically requires a BA degree and 12 – 15 years of prior relevant experience or Masters with 10 – 13 years of prior relevant experience.
• Hold a Bachelor’s degree in a pertinent field, such as Finance, Accounting, or Economics; demonstrating a strong academic foundation relevant to the position.
• A minimum of 7-10 years working in budgeting
• Proven expertise of government budget execution activities and adept familiarity with the intricacies of the Planning, Programming, Budget, and Execution Process (IPPBE).