FINANCIAL MANAGEMENT SPECIALIST

Summary

The primary purpose of this position is: GS-12: serve as a Financial Management Analyst in a developmental capacity, performing various budget functions involving the formulation, justification, and/or execution of budgets for organizations, programs, or projects. GS-13: perform various budget functions involving the formulation, justification, and/or execution of budgets for organizations, programs or projects. The organizational location is: AF Air Force Pentagon, Arlington, VA 20330-1720.

Duties

• GS-12 & GS-13 LEVEL: Performs budget execution and administration work involving the monitoring of obligations incurred and the actual expenditures of a budget with different sources and types of funding such as direct, annual, reimbursement funds and no year appropriations; apportionments; allotments; transfer of funds from other agencies; revenue from industrially funded operations; and refunds. Performs budget formulation work involving preparation of detailed analyses and estimates of annual funding needs for assigned organizations/programs into a consolidated budget request. Presents, defends and competes for HAF resources during all phases of PPBE. Acquires explains, defends, monitors and advocates Future Year Defense Programming (FYDP), program content and changes for Headquarters Air Force (HAF) resources. Uses automated budgetary system(s) and computer-generated products in accomplishing budgeting assignments. Performs quality checks of automated system database information and advises organizations/program manager of any significant problems. Training manager for both the FM Certification Program and Monthly AAR Training, incumbent shall manage the HAF Portfolio's, FM Certification Program and SAF/ AAR Financial Monthly Training. To implement the National Defense Authorization Act {NOAA), Public Law 122-81, and Subtitle F Financial Management (FM), Section 1599d; performs the function of the Headquarters Air Force (HAF) FM Certification Training Program Manager and SAF/ AAR financial monthly training; responsible to schedule and conduct training concerning requirements and monitor compliance.

Qualifications

In order to qualify, you must meet the specialized experience requirements described in the Office of Personnel Management (OPM) Qualification Standards for General Schedule Positions, Administrative and Management Positions, Financial Administration and Program Series 0501. SPECIALIZED EXPERIENCE FOR GS-12: Applicants must have at least one (1) year of specialized experience at the next lower grade GS-11, or equivalent in other pay systems. Examples of specialized experience includes detailed, intensive knowledge of the policies, precedents, goals, objectives, regulations, and guidelines of a functional area such as financial oversight, budget formulation, and/or budget execution sufficient to: analyze and evaluate continual changes in program plans and funding and their effect on financial and budget program milestones; analyze financial and budgetary relationships to develop recommendations for financial and/or budgetary actions under these types of conditions and time pressures; uncertainty due to short and rapidly changing program and financial/budgetary deadlines and objectives; gaps and conflicts in program and financial/budgetary information and lack of predictive data. FEDERAL TIME-IN-GRADE (TIG) REQUIREMENT FOR GENERAL SCHEDULE (GS) POSITIONS GS-12: Merit promotion applicants must meet applicable time-in-grade requirements to be considered eligible. One year at the GS-11 level is required to meet the time-in-grade requirements for the GS-12 level. TIG applies if you are in a current GS position or held a GS position within the previous 52 weeks. NOTE: Applicants applying as VEOA candidates who are current GS civil service employees or are prior GS civil service employees within the past 52 weeks must also meet time-in-grade requirements. SPECIALIZED EXPERIENCE FOR GS13: Applicants must have at least one (1) year of specialized experience at the next lower grade GS-12, or equivalent in other pay systems. Examples of specialized experience includes mastery of the concepts, principles, practices, laws, and regulations of budgeting and/or financing; and the financial and budgetary relationships between subordinate and most senior levels of financial management and budgeting within the employing entity and/or between the organization and programs of other Federal, State, and local governments, private industry, and large public organizations sufficient to; develop, recommend, and implement budgetary and financial policies; interpret and assess the impact of new and revised Congressional legislation on the formulation and execution of budgets; project and analyze the potential effects of budgetary actions on program viability and attainment of program objectives; develop and render authoritative interpretations of executive orders, OMB guidelines and directives, and policies and precedents within and across agency lines; develop new methods and techniques of budgeting for the forecasting of long-range funding needs (e.g., 3 to 5 years or more into the future); and/or develop timetables for obtaining needed funding for new or modified substantive government programs. FEDERAL TIME-IN-GRADE (TIG) REQUIREMENT FOR GENERAL SCHEDULE (GS) POSITIONS GS 13: Merit promotion applicants must meet applicable time-in-grade requirements to be considered eligible. One year at the GS-12 level is required to meet the time-in-grade requirements for the GS-13 level. TIG applies if you are in a current GS position or held a GS position within the previous 52 weeks. NOTE: Applicants applying as VEOA candidates who are current GS civil service employees or are prior GS civil service employees within the past 52 weeks must also meet time-in-grade requirements. 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: Knowledge of and ability to interpret financial reports, schedules, and statements; and an understanding of bu…