Budget Analyst
US Department of Commerce
Budget Analyst
As a Budget Analyst, you will perform the following duties:
- Independently develops draft operating budgets and yearend closeout tasks; works with OGC leadership on future year budget formulation and deliverables. Participates with Department officials in planning and coordinating budget activities and formulating recommendations on all budgeting aspects of OGC's funding and budget structure.
- Calculates the cost of OGC agreements when OGC is the servicing party, including yearly standardized hourly rate cost calculations. Maintains accurate files of cleared agreements, cost calculations, and supporting documents.
- Ensures agreements are billed timely using Time Tracking data or the method stated in the agreement; notifies OGC staff of recording and tracking requirements. Processes invoices and related payments, oversees tracking, ensures accuracy, and reduces improper payments.
- Develops and implements complex financial management activities, including commercial payments, travel, interagency agreements, reimbursements, Working Capital Fund transactions, billings, recoveries, appropriations, and fund transfers. Uses financial/accounting systems to monitor expenditures across multi-year appropriations, allotments, transfers, internal realignments, carryover requests, and refunds. Independently reviews program funding and spending data and develops cost information reflecting program trends.
- Responsible for accurate monthly Status of Funds (SOF) updates; maintains close surveillance of obligations, allocations, and projections against allotments. Ensures accuracy of encumbered and vacant positions, projected entry-on-duty dates, and salary data; updates SOF for reassignments and grade/step changes. Provides and reviews end-of-year financial forecasts to determine current and yearend financial positions of assigned programs.
This Job Opportunity Announcement may be used to fill other Budget Analyst GS-0560-15, FPL GS-15 positions within the Department of Commerce in the same geographical location or local commuting area with the same qualifications and specialized experience.
Vacancy posted 3 days ago
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