BUDGET ANALYST

Defense Finance And Accounting Service - Cleveland, OH

Full-time - Entry Level

Cleveland, OH

Executive, Legislative, and Other General Government Support

About the position

The Budget Analyst position at the Defense Finance and Accounting Service (DFAS) in Cleveland, Ohio, involves performing budget formulation and justification for a significant segment of a DFAS Center budget or the total Center budget for the Defense Working Capital Fund (DWCF). The role requires identifying weaknesses and problems within the budgetary systems and developing recommendations for revisions or modifications to enhance effectiveness, efficiency, and economy. The Budget Analyst will provide a comprehensive range of services, including financial information, trend analysis, budget guidance, and advice to Center managers and their staff. In this role, the analyst will receive approved fund targets for assigned accounts and allocate funds to individual activities or functional areas based on a thorough analysis of activity budget estimates, historical expenditures, projected workload, and approved funding. The position also entails providing instructions, planning factors, cost analysis, and budget policy guidance to Center managers for the development of various organizational and program budgets. The successful candidate will be expected to work collaboratively with various stakeholders to ensure that budgetary processes are adhered to and that financial resources are allocated effectively. This position is critical in supporting the financial health of the organization and ensuring that budgetary practices align with federal regulations and guidelines.

Responsibilities

• Perform budget formulation and justification for a major segment of a DFAS Center budget or the total Center budget for the Defense Working Capital Fund (DWCF).
• Identify weaknesses and problems in existing systems and develop recommendations for revisions or modifications to improve effectiveness, efficiency, and economy.
• Provide a full range of services including financial information, trend analysis, budget guidance, and advice to Center managers and their staffs.
• Receive approved fund targets for assigned account(s) and allocate funds to individual activities/functional areas based on analysis of budget estimates, historical expenditures, and projected workload.
• Provide instructions, planning factors, cost analysis, and budget policy guidance to Center managers for developing various organizational and program budgets.

Requirements

• One year of specialized experience equivalent to the GS-07 level within the federal service, demonstrating the ability to perform the duties of the position.
• For GS-9: Experience in preparing or reviewing budget estimates or financial plans for programs; monitoring financial status of funds; conducting analyses to identify funding trends and anticipate funding needs; AND using automated budgetary systems to accomplish budgeting assignments.
• For GS-11: Experience applying budgetary methods, practices, procedures, and regulations to provide assistance and support for budget formulation, justification, or execution tasks.

Nice-to-haves

• Experience with automated budgetary systems and computer-generated products.
• Strong analytical skills to conduct financial analyses and identify trends.

Benefits

• Telework availability based on mission requirements and supervisory determination.
• Participation in the DFAS Career Acclimation Program (DCAP) for training and development.
• Potential for temporary promotions based on performance.