- Monitor and track obligations and expenditures of funds; detects, reconciles, and remedies fiscal discrepancies; and provides relevant reporting to decision makers.
- Perform investment analysis practices including life cycle cost estimating, cost benefit analysis, cost effectiveness analysis, and business case analysis using an understanding of the Office of Management and Budget and Department of Defense cost estimating circulars.
- Apply knowledge of cost estimating tools and their methodologies.
- Use automated project scheduling and cost tracking software to support critical path and integrated master planning analysis.
- Perform economic analyses for evaluating the total and marginal costs of alternative ways to accomplish strategic business functions.
- Assist in performing comparative cost studies to determine whether specified operations should be privatized or outsourced rather than remain in-house.
- Build briefings illustrating financial data trend analysis on various programs across the enterprise and present findings to leadership.
- Prepare funding documents.
- Maintains records of financial transactions by establishing accounts; posting transactions; ensure USPS process requirements compliance.
- Develops system to account for financial transactions by establishing a chart of accounts; defining bookkeeping policies and procedures.
- Maintains accounts by verifying, allocating, and posting transactions in various locations as required by policy or processes.
- Balances accounts by reconciling entries while working with stakeholders to determine appropriate entries.
- Maintains a ledger by transferring account summaries as needed by the various programs/projects.
- Balances a ledger by preparing a trial balance; reconciling entries.
- Maintains historical records as needed.
- Prepares financial reports by collecting, analyzing, and summarizing account information and trends.
- Complies with agency policy and requirements by studying requirements; enforcing adherence to requirements; filing reports; advising management on needed actions.
- Bachelor's degree in a management, business, economics, engineering, quantitative/qualitative analysis, IT or related field.
- Minimum of 1 to 3 years of experience in a business-related field demonstrating self-confidence, management of workload, communication with diverse individuals, application of good judgment, and working knowledge of business systems.
- Government financial management experience focused on budget execution is beneficial.
- Knowledge of federal fiscal administration and the Planning, Programming, Budgeting and Execution system is highly desirable.
- Demonstrated experience in cost analysis is preferred.
- Proficiency in various data analysis tools, spreadsheets, and database programs required.
- Excellent written and verbal communication skills, including the ability to write, and proofread a variety of general business documents and collateral materials.
- Strong time management and organizational skills are essential.
- Ability to support multiple priorities and maintain good standing with the Budget Execution team is required.
- Developing standards and analyzing information in a complex environment
- Proficiency reporting research results as well as data entry skills
- Accounting and SFAS rules proficiency
- Attention to Detail, appreciation for confidentiality, and thoroughness
- Microsoft Office tool proficiency (Word, Excel, PowerPoint, Teams, etc.)
- SQL experience desired, but not necessary
- Statistical analysis skills desired, but not necessary
- Bachelor's degree in accounting, finance, or related field
- CPA is desired, but not necessary
- Previous bookkeeping experience a plus
- Ability to obtain and maintain a US government clearance.
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Budget Analyst - Washington, United States - Logistics Management Institute
Description
OverviewLMI is seeking a budget analyst / administrator to provide support to the team. This is a hybrid position with 2 days on site in Merrifield, VA.
The successful candidate will demonstrate competency in federal budget analysis, financial controls, purchase request generation, financial systems queries, critical thinking, and relationship management while upholding the highest standard of ethical behavior.
LMI is a consultancy dedicated to powering a future-ready, high-performing government, drawing from expertise in digital and analytic solutions, logistics, and management advisory services.
We deliver integrated capabilities that incorporate emerging technologies and are tailored to customers' unique mission needs, backed by objective research and data analysis.
Founded in 1961 to help the Department of Defense resolve complex logistics management challenges, LMI continues to enable growth and transformation, enhance operational readiness and resiliency, and ensure mission success for federal civilian and defense agencies.
Responsibilities
