Budget Analyst

Description

Position Details:

Job Title: Budget Analyst

Job Type: Full-time

Salary Range: $135,000 - $145,000

Location: Washington, DC - Hybrid work arrangement with required onsite presence during core federal hours (Monday-Friday, 9:00 AM - 3:00 PM ET) and additional onsite coverage as mission dictates

Dynanet Corporation Overview:

Dynanet started with a focus on IT infrastructure and operations, helping organizations enhance their networks and overcome the limitations of 1990s technology. From strengthening communication channels to introducing innovative ways to collaborate and share information, Dynanet played a crucial role in shaping the early stages of digital transformation. The company’s efforts helped organizations build the very fabric of connectivity that now powers our modern world. Over the last three decades, Dynanet has grown into a trusted partner for organizations looking to innovate boldly and transform seamlessly. While technology continues to evolve and unlock new opportunities, for nearly 30 years, Dynanet remains committed to delivering cutting‑edge solutions that drive lasting change for its customers. Through agility, foresight, and an unwavering dedication to excellence, Dynanet continues to empower organizations to thrive in a rapidly changing digital landscape. Our story is more than just a story of technology – it’s a story of vision, growth, and transformation that has shaped the past and continues to pave the way for the future.

About the Role:

The Budget Analyst is responsible for performing the customer's budget formulation and execution functions while providing comprehensive support throughout the budget approval process. This role manages the customer's annual IT budget of $90M+, preparing ad‑hoc reports, business cases, and trade‑off analyses in response to OMB inquiries. The analyst will support meaningful Capital Planning and Investment Control (CPIC) processes by leveraging data‑driven insights to guide IT investment budgeting and deliver strategic, cost‑saving, evidence‑based recommendations that directly influence budget allocation adjustments. This position requires expertise in federal budgeting processes, financial analysis, and strategic planning to optimize IT investment management and ensure alignment with the customer’s mission priorities.

Requirements

Roles & Responsibilities:

Budget Formulation & Strategic Planning:

• Develop and deliver annual budget formulation documents based on collaboration with the customers' leadership and agency budget staff
• Achieve 100% on‑time submission of annual and multi‑year IT budget plans aligned with the customer and agency priorities
• Support meaningful Capital Planning and Investment Control (CPIC) process through data‑driven insights and strategic recommendations
• Coordinate with agency and other federal staff on budget formulation and execution activities
• Prepare budget formulation materials typically starting between February and April annually
• Develop GT&C (General Terms & Conditions) and 7600 A&Bs with historical volume of 8‑6 in FY24, 3‑2 in FY25, peaking in Q3‑4

Budget Execution & Financial Management:

• Perform comprehensive budget execution tracking and monitoring for $90M+ annual IT budget
• Maintain up‑to‑date budget execution tracking with 100% monthly reporting compliance to ensure financial transparency and alignment
• Manage budget change management and SPCRs (including p‑card transactions) with approximately 120 requests in FY24, 50 in FY25
• Process requisition and order submissions (120 in FY24, 47 in FY25) with peak activity in Q3‑4
• Track and manage SSF (Shared Services Fund) invoice tracking and payments on monthly basis with peak periods February‑September
• Maintain daily budget tracking through spend plan management and program office tap tracker spreadsheets

Financial Analysis & Reporting:

• Prepare responses to budget information requests from leadership, agency leadership, and OMB
• Respond to 100% of budget inquiries within required timeframes, including ad‑hoc requests and trade‑off analyses
• Ensure 98% accuracy rate in budget data and reports submitted to the customer's Tech leadership, agency leadership, and OMB
• Conduct spend plan reconciliation (30 times in FY24, twice monthly in FY25) with frequent activity April‑June
• Perform UDO (Unliquidated Obligations) tracking and reporting (4 times in FY24, 3 in FY25) on quarterly basis
• Develop and maintain budget briefing materials for monthly CIO budget briefs and COR, working funds, and OLAB meetings (54 in FY24, 40 in FY25)

Data Analysis & Investment Optimization:

• Deliver strategic, cost‑saving, evidence‑based recommendations that directly influence budget allocation adjustments
• Provide proactive insights to federal staff to ensure ability to act before risks become issues
• Seek opportunities in budget/investment portfolios to achieve cost savings and benefits capitalization
• Analyze financial performance trends and provide recommendations for budget optimization
• Support data call responses including BDRs (Budget Data Requests), cyberspend reporting, and CPIC submissions (~25 in FY24, 25+ in FY25)
• Contribute to 10‑15% improvement in budget planning efficiency through cross‑functional coordination and process optimization

CPIC & Investment Management:

• Support CPIC processes including IT Dashboard submissions (7 in FY24, 8 in FY25) with peaks November‑December and March‑July
• Prepare semi‑annual budget submissions (2 in FY24) typically in August‑October and January‑February periods
• Support Program Office AITPR (Agency IT Portfolio Review) reviews (11 of 11 in FY24, 10 of 11 in FY25) during September‑December peak period
• Assist with CIO Risk Rating Evaluations (1 in FY24, 1 in FY25) typically in March‑April timeframe