Financial Management Analyst

Financial Management Analyst

A Place Unlike Any Other, Home Away From Home…

The City of Falls Church is a unique and historic city. Besides featuring quick access to renowned museums and art galleries in nearby Washington, D.C., almost every neighborhood is a treasure of its own with a variety of restaurants and shops that reflect the city's great ethnic and cultural diversity. You'll find a warm welcome in the City of Falls Church, and it is our hope that you will be an active part of the community, so shop, play, stay for a while, and join us in the many activities offered throughout the year.

Position Overview (Duties Include But Are Not Limited To)

• Specific tasks fall into five general categories: support of existing programs; evaluation and start-up support for proposed or newly budgeted programs; financial status reporting; data analysis and decision support, tracking, and performance trending (metrics); fiscal planning, programming, budgeting, and monitoring budget execution to include coordination and completion of annual budget exhibits.
• Update annual planning figures in HAXNET and other accounting systems, and completion of PPBE documents provided by DHA necessary to report program status as requested.
• Serve as a liaison between DHA and Client MD, and coordinate actions with MEDCOM and BUMED. All recommendations provided by the contractor shall include written analysis and rationale.
• Perform the following development tasks:

• With Resource Management direction and guidance, analyze, report and track financial resources expended in implementation of approved and funded programs and projects. Compile information on a monthly and project-to-date basis.
• Assist and prepare briefings to higher authority (DHA, Congressional, etc.) and draft responses for official external and internal inquiries/reviews. Assistance may consist of providing on-hand or readily available information, coordination with others to obtain information related to all funded DHP programs to include the Program of Record, Overseas Contingency Operations (OCO), Psychological Health/Traumatic Brain Injury (PH/TBI), Wounded, Ill and Injured (WII) programs, and preparation of written and visual presentations.
• Review program/project documentation for recurring trouble areas and recommend resolution to enable timely obligation of appropriated funds.
• Coordinate with DHA and Client MD staff for the purposes of data collection, preparation of status reports and briefings, program management and decision support.
• Retrieve, analyze and prepare status reports using current and prior fiscal year data for comparison with future requirements.
• Monitor budget execution against plan using performance metrics.
• Forecast resource needs by assessing financial reports and field activity needs.
• Develop status of funds, management reports, and budget exhibits, based on current and accurate information.
• Collect data and metrics from program managers on a monthly or project-to-date basis when directed.
• Review, analyze, and report data and metrics gathered from decision support systems or other existing or new metric tools.
• Make recommendations on the quality of metrics, data quality, and cost/benefit of existing programs.
• Perform reporting, analysis, tracking, trending and forecasting, and decision support tasks.
• Utilizing approved metrics, conduct actual tracking and trending of process and outcome measures. Compile information on a monthly and project-to-date basis, as appropriate.
• Have direct contact with program managers in the field for purposes of obtaining financial and program execution, progress, and lessons learned information. Travel to DHA or Client MD field activities may be necessary, subject to approval.
• Provide complete, accurate, meaningful data and information in accordance with the reporting requirements given.
• All deliverables shall be in Microsoft Office format, unless otherwise specified.
• All products of this contract shall reflect generally accepted business practices and applicable DoD policy and regulations.

Other Tasks And Responsibilities

• Approximately 90% of time will be direct, hands-on resource management functions such as formulating, presenting and executing the budget, monitoring execution against plan using performance metrics, forecasting resource needs by assessing the organization's financial reports and customer needs; approximately 10% of time will be related to attending meetings related to budget guidance and updates, participating in DHA workgroups related to the formulation, execution and administration of the Client MD budget.
• Analyzes short-term resource needs to identify best use of available resources.
• Evaluates the activities and policies of programs and recommend changes to improve services or compliance.
• Develop, revise, implement, and maintain internal control principles and procedures.
• Use performance metrics and cost accounting to manage programs and to evaluate achievement of objectives.
• Interpret financial data and trends in assigned programs.
• Deals with auditors, including preparation for audits, working with auditors, commenting on audit reports, and develops correction action plans.
• Provides technical assistance in preparing internal budgets by evaluating proposed operating and financial plans in terms of the priorities and financial resources.
• Uses and applies appropriate financial principles, procedures, and ensures compliance with statutory and regulatory requirements.

Qualifications

• Have a Bachelor's or Master's degree in business administration, accounting, economics, statistics or finances or related field from an accredited college, technical school or university.
• Possess a minimum of five years relevant professional experience with proven experience managing appropriated funds and programs within the Defense Health Program (DHP). The contractor staff shall have no less than three (3) years of experience in federal financial management, management analysis and decision support working as a Financial Management Analyst in the area of budget formulation, budget execution, data and management analysis and decision support.
• Possess no less than three (3) years of experience with analyzing and interpreting established guidelines and directives and must be able to apply this skill in resolving fiscal issues.
• Possess comprehensive, detailed knowledge and understanding of budgetary policies, precedents, procedures, and regulations.
• Have no less than three (3) years of experience:

• Developing quarterly financial reports for program budgets, analyzing financial reports of obligations and expenditures to identify differences between proposed changes in operating programs and projected spending, and recommending solutions to address budget shortages and fiscal problems
• Developing budget recommendations and proposals; providing support to managers on a full range of financial management activities and functions; and leading elements of financial audit preparation to include account analyses, adjustments to the accounting system and preparation of audit samples.
• Running ad hoc reports, exporting data and using data to create professional financial reports for presentations and disseminations.
• With at least three of the four following business management areas: developing and evaluating business plans encompassing daily, annual, and long-term strategic plans; developing and monitoring support agreements.

• Knowledge of/proficiency in:
  • Applying analytical skills and supporting development of business case analysis for various DoD programs.
  • Pulling data from existing computer based programs.
  • Microsoft Office products to include basic word processing and spreadsheets.
  • Decision support systems.
  • Reading, writing, speaking and understanding English to effectively communicate with all staff members and stakeholders.
  • Reading and interpreting system generated data and identifying errors and taking corrective actions.
  • Formatting and analyzing raw data extracted from the system.
  • Updating and correcting information.

  KurzSolutions is committed to improving health outcomes by providing well-managed companies with the top healthcare talent in the market.