Budget Analyst

U.S. Department of Veterans Affairs; Iowa City (IA); On-site; USD 60,000 - 80,000; Full time

Job summary

The U.S. Department of Veterans Affairs seeks a Budget Analyst to manage R&D operating funds, including formulation, justification, presentation, and execution of portions of a 20-25 million-dollar R&D budget.

Responsibilities include analyzing financial data, preparing budget estimates and forecasts, monitoring obligations and expenditures, and ensuring compliance with federal regulations. The role also involves coordinating with program managers and acting as COR for R&D contracts.

Qualifications

• One year of specialized experience at or equivalent to GS-9 level.
• Education substitutions: Ph.D. or 3 years grad education with transcripts.
• Combination: equivalent mix of grad education and specialized experience with transcripts.

Responsibilities

• Perform budget formulation, justification, execution, and monitoring for organizational programs.
• Prepare annual budget estimates and analyze funding requirements.
• Track obligations and expenditures and ensure accurate accounting.
• Apply federal budget regulations and appropriations requirements.
• Coordinate with program managers, fiscal personnel, contracting officials, and stakeholders to resolve discrepancies.
• Act as COR for R&D contracts and liaison with vendors for equipment or supplies.
• Perform other duties as assigned.

Skills

Budget formulation

Budget execution

Financial data analysis

Regulatory compliance

Resource allocation

Education

Doctorate or PhD

3 years of relevant graduate study

Job description

SummaryThe Budget Analyst performs budget administration functions in the management of research and medical care appropriated funds for Research and Development (R&D). This includes formulation - justification - presentation and/or execution of a portion of Research and Development (R&D) 20-25-million-dollar operating budget.

SummaryThe Budget Analyst performs budget administration functions in the management of research and medical care appropriated funds for Research and Development (R&D). This includes formulation - justification - presentation and/or execution of a portion of Research and Development (R&D) 20-25-million-dollar operating budget.

QualificationsSPECIALIZED EXPERIENCE: One (1) year of specialized experience that equipped you with the particular knowledge - skills - and abilities to perform successfully the duties of this position - and that is typically in or related to the work of this position. To be creditable - this experience must have been equivalent to at least the GS-9 level in the Federal service. Specialized experience includes performing budget formulation and execution activities; analyzing financial data and expenditure trends; preparing budget estimates - forecasts - and financial reports; monitoring obligations - expenditures - and funding allocations; applying budgetary policies and regulations; and providing recommendations to management regarding financial planning - resource allocation - and resolution of budget discrepancies. SUBSTITUTION OF EDUCATION FOR EXPERIENCE (TRANSCRIPTS REQUIRED): Successfully completed Ph.D. or equivalent doctoral degree or 3 full years of progressively higher-level graduate education leading to such a degree or LL.M. - if related - which demonstrates the knowledge - skills - and abilities necessary to do the work of this position. This education must have been obtained in an accredited college or university. (Transcripts must be submitted at time of application) COMBINATION OF EXPERIENCE AND EDUCATION (TRANSCRIPTS REQUIRED): An equivalent combination of successfully completed progressively higher-level graduate education (beyond the second year) and specialized experience (as described above) to meet the requirements at the GS-11 grade level. The education portion must include graduate courses that demonstrate the knowledge - skills - and abilities necessary to do the work of this position. (Transcripts must be submitted at time of application) For more information on these qualification standards - please visit the United States Office of Personnel Management's website at https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/.

Duties

• ***THIS IS NOT A VIRTUAL POSITION - YOU MUST LIVE WITHIN OR BE WILLING TO RELOCATE WITHIN A COMMUTABLE DISTANCE OF THE DUTY LOCATION*** Major duties include but are not limited to: Performing budget formulation - justification - execution - and monitoring for organizational programs - including preparing annual budget estimates - analyzing funding requirements - and tracking obligations and expenditures
• Analyzing financial data - historical spending trends - and projected costs to identify funding shortfalls - recommend adjustments - and ensure effective utilization of appropriated funds
• Preparing financial reports - budget projections - and supporting documentation to assist management in making informed decisions regarding resource allocation and program operations
• Applying federal budgetary regulations - financial management policies - and appropriations requirements to ensure proper allocation - obligation - and expenditure of funds
• Coordinating with program managers - fiscal personnel - contracting officials - and other stakeholders to resolve budget discrepancies - reconcile financial records - and support budget execution
• Monitoring financial commitments associated with contracts - personnel agreements - and other program expenditures to ensure funding availability - accurate accounting - and compliance with applicable requirements
• Providing technical guidance and recommendations to management regarding budget planning - financial controls - cost analysis - and efficient use of available resources
• Serving as the Contracting Officer Representative (COR) for Research and Development (R&D) contracts and as a point of contact for vendors and contractors for acquisition of new equipment - supplies or to resolve problems
• Performing other duties as assigned
• Work Schedule: Full time - Monday - Friday - 8:00 am - 4:30 pm Recruitment & Relocation Incentives: Not authorized Critical Skills Incentive (CSI): Not approved