Budget Analyst

Summary This vacancy is for a Budget Analyst in the Office of the Secretary within the Department of Commerce. Responsibilities 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. Requirements Conditions of Employment You must be a U.S. citizen to apply for this position. You must successfully pass a background investigation. This may include a credit check, a review of financial issues, as well as certain criminal offenses and illegal use or possession of drugs. A probationary period may be required. Selective Service: Males born after 12/31/59 must be registered or exempt from Selective Service (see If you receive a conditional offer of employment for this position, you will be required to complete an Optional Form 306, Declaration for Federal Employment, and to sign and certify the accuracy of all information in your application. All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing. Bargaining Unit Position: No Confidential Financial Disclosure Report (OGE form 450): Yes Permanent Change of Duty Station (PCS) Expense: Will not be paid License required: No Drug Test Required: No Time-in-grade/band requirements must be met by the closing date of the announcement unless eligible for special hiring authority, reinstatement eligible, non-current Federal employee applying as a VEOA eligible which do not require time-in-grade/band. Qualifications Qualification requirements in the vacancy announcements are based on the U.S. Office of Personnel Management (OPM) Qualification Standards Handbook, which contains federal qualification standards. This handbook is available on the Office of Personnel Management's website located at: Applicants must possess one year of specialized experience equivalent in difficulty and responsibility to the next lower grade level in the Federal Service. Specialized experience is experience that has equipped the applicant with the particular competencies/knowledge, skills and abilities to successfully perform the duties of the position. This experience need not have been in the federal government. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations e.g., professional; philanthropic, religious; spiritual; community, student, social). Volunteer work helps build critical competencies; knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. To qualify at the GS-15 level You must meet the specialized experience as described below. SPECIALIZED EXPERIENCE: You must possess one full year (52 weeks) of specialized experience equivalent to the GS-14 in the Federal service. Specialized experience is defined as: Experience leading budget formulation activities for a major organizational program, including drafting operating budgets, developing future-year budget deliverables, coordinating budgetary data, and preparing recommendations on funding requirements and adjustments. Experience calculating standardized hourly labor rates and full-cost estimates for reimbursable agreements, preparing cost models for MOUs/IAAs, and coordinating required clearances with OSFM, HR, and General Law. Experience performing manual and system-based billing activities, entering and tracking agreements in G-Invoicing, and ensuring timely, accurate billing using time tracking methods or agreement-specified procedures. Experience providing authoritative Working Capital Fund (WCF) guidance, including analyzing expenditures, monitoring reimbursable and revolving accounts, and applying internal controls to reduce improper payments. Experience executing core financial operations such as commercial payments, reimbursements, travel, appropriations, transfers, and Status of Funds (SOF) updates-maintaining accurate obligations, projections, salary data, and year-end financial forecasts. Education can not be substituted for experience at this grade level. Education There is no positive education requirement for this position. Additional Information The following links provide information on various hiring authorities that do not fall under competitive examining procedures; however, they may enable you to apply through merit assignment procedures, or be eligible for a non-competitive appointment. Career Transition Assistance Plan (CTAP) Interagency Career Transition Assistance Plan (ICTAP) Veterans Recruitment Act (VRA) Veterans Employment Opportunities Act (VEOA) 30% or more disabled veterans Persons with disabilities ICTAP and CTAP Eligibles: CTAP and ICTAP candidates will be eligible if it is determined that they have exceeded the minimum qualifications for the position by attaining at least a rating of 85 out of 100. Information about ICTAP eligibility is on the Office of Personnel Management's Career Transition Resources website at: Employee Guide to Career Transition Military Spouse The spouse of a member of the armed forces seeking eligibility under the non-competitive hiring authority of certain military spouse MUST submit various required documentation by the closing date of the announcement in accordance with one of the three below eligibilities: Spouse of a member of the armed forces serving on active duty, Spouse of service member who incurred a 100% disability, or Un-remarried widow or widower of a service member killed while performing active duty. Please review the "Required Documents" Section for specific documents pertaining to each of the above eligibilities that MUST be included with your application, if you are applying as a Military Spouse. Current or Former Political Appointees: The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, Non-career SES, or Presidential Appointee employee in the Executive Branch, you must disclose this information to the Human Resources Office. Reasonable Accommodations (RA) Requests: If you believe you have a disability (i.e., physical or mental), covered by the Rehabilitation Act of 1973 as amended that would interfere with completing the USA Hire Competency Based Assessments, you will be granted the opportunity to request a RA in your online application. Requests for RA for the USA Hire Competency Based Assessments and appropriate supporting documentation for RA must be received prior to starting the USA Hire Competency Based Assessments. Decisions on requests for RA are made on a case-by-case basis. If you meet the minimum qualifications of the position, after notification of the adjudication of your request, you will receive an email invitation to complete the USA Hire Competency Based Assessments. You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments, if you received the link after the close of the announcement. To determine if you need a RA, please review the Procedures for Requesting a Reasonable Accommodation for Online Assessments.