Duties
The Financial Analyst performs multiple and varying assignments under the limited direction of a manager, project/program manager, team leader, senior analyst or more experienced professional. Demonstrates considerable independence in planning time and helping the manager or other experienced professionals with using assigned resources to accomplish projects/programs/activities. Duties may include assisting with financial planning; review/evaluation of programs; budget formulation and/or execution; audits of funding levels, sources, and program plans; and/or responding to internal and external inquiries.
Applies experience and advanced knowledge of financial and/or budgetary concepts, principles, practices, laws and regulations to analyze programs and to manage the formulation, execution, and justification of budgets. Provides recommendations on financial and/or budget formulation actions and execution methods or procedures. Where applicable, ensure the integrity, quality, and timeliness of data to meet the needs of FAA programs and projects. Supports the budget processes and compliance with the requirements and regulations of the FAA, Department of Transportation (DOT), and federal government including the Treasury Department, Office of Management and Budget (OMB), Government Accountability Office (GAO), and Congress.
Under the guidance of senior analysts, use automated budget and accounting systems and financial analysis techniques to develop, modify, and convert financial information for presentations, reports, and other documents. The analyst may supports senior analysts who routinely utilize automated accounting systems like PRISM, DELPHI, REGIS, Corporate Work Plan (CWP), OBIWAN, and SPIRE.
May be required to serve as an individual contributor and/or team member of the division for the effective management of budget funds covering Facilities and Equipment (F&E) and Research, Engineering, and Development (RE&D). Supports multiple programs and/or projects simultaneously.
Where needed, may be required to identify and research financial or budget challenges. Develop charts, graphs, briefings or reports for use by senior analyst in communication with stakeholder organizations. Established policies/procedures provide guidance for most assignments, but allow discretion for analyst to select the most appropriate approach(es) or recommend new approaches. Assignments often require reviews of policies and precedents under the limited guidance of a manager or more experienced employee.
Works collaboratively and communicates effectively with others across lines of business, supporting financial and budget tasks and projects simultaneously and/or independently in a fast-paced, results-oriented environment. The work is typically reviewed at completion for success in achieving planned results. The work activities of this position support and are vital to the success of projects/programs and/or activities for one or more organizational units, major subdivisions, and/or LOB/SOs.
Requirements
Conditions of Employment
To qualify for this position, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to the FV-G, FG/GS-10/11 level. This experience is typically related to the line of work of the position to be filled and which has equipped the applicant with the particular knowledge, skills, and abilities to successfully perform the duties of the position. To be creditable, specialized experience must have been at least equivalent to the next lower level in the normal line of progression for the occupation in the organization.
Specialized Experience Statement
Experience performing analysis and evaluation of data to assess the effectiveness of a process.
Experience applying financial concepts, principles, practices, laws, and regulations in analyzing data.
You should include relevant examples of the specialized experience in your work history. Errors or omissions may impact your rating or may result in you not being considered.
Answer all questions to the best of your ability. DO NOT ASSUME THAT BECAUSE YOU HOLD, OR HAVE HELD THIS POSITION, YOU WILL AUTOMATICALLY BE FOUND ELIGIBLE. You may be asked to provide evidence or documentation that you have this type of experience later in the selection process. Your responses are subject to verification through job interviews, or any other information obtained during the application process. Any exaggeration of your experience or any attempt to conceal information can result in disqualification.
**All qualification requirements must be met by the closing date of this vacancy announcement.**
Eligible applicants meeting the minimum qualification requirements and/or selective placement factor(s) (SPF) may be further evaluated on the Knowledge, Skills and Abilities (KSA) and/or Quality Ranking Factor (QRF) listed in the announcement. Based on this evaluation, applicants will be placed in one of the following categories: (1) score order; (2) category grouping; (3) alphabetical; or (4) priority grouping, and referred to the selecting official for selection consideration.
NATCA Multi-unit Interview Criteria: Article 42, Section 5 states: If the Agency decides to interview any qualified employee on the selection list, then all on the list who are qualified must be interviewed. If the selection list is shortened to a best qualified list through a comparative process, then the best qualified list shall be considered to be the selection list. If it is determined that interviews are required and telephone interviews are not utilized, travel expenses incidental to these interviews will be paid in accordance with the Agency's travel regulations and this Agreement.
Education
Education cannot be substituted for experience.
Preview Job Questionnaire
Make sure your resume includes detailed information to support your qualifications and answers to the job questionnaire.
Additional Information
We may use this vacancy to fill other similar vacant positions.
Position may be subject to a background investigation.
A one-year probationary period may be required.
The person selected for this position may be required to file a financial disclosure statement within 30 days of entry on duty. FAA policy limits certain outside employment and financial investments in aviation-related companies. www.faa.gov/jobs/workinghere/financial-disclosure-requirements
The U.S. Department of Transportation strives to ensure that equity, transparency, accountability, collaboration, and communication permeate all that we do for the betterment of the Department, the traveling public, and our nation. As such, DOT values a highly diverse workforce of persons who promote a culture of belonging by respecting the personal dignity and worth of each individual and fostering a positive environment where all feel safe and welcome. If these commitments coincide with your personal ideals and professional aspirations, please consider joining the DOT family.
Notes
Links to Important Information: Locality Pay , COLA
The Financial Analyst performs multiple and varying assignments under the limited direction of a manager, project/program manager, team leader, senior analyst or more experienced professional. Demonstrates considerable independence in planning time and helping the manager or other experienced professionals with using assigned resources to accomplish projects/programs/activities. Duties may include assisting with financial planning; review/evaluation of programs; budget formulation and/or execution; audits of funding levels, sources, and program plans; and/or responding to internal and external inquiries.
Applies experience and advanced knowledge of financial and/or budgetary concepts, principles, practices, laws and regulations to analyze programs and to manage the formulation, execution, and justification of budgets. Provides recommendations on financial and/or budget formulation actions and execution methods or procedures. Where applicable, ensure the integrity, quality, and timeliness of data to meet the needs of FAA programs and projects. Supports the budget processes and compliance with the requirements and regulations of the FAA, Department of Transportation (DOT), and federal government including the Treasury Department, Office of Management and Budget (OMB), Government Accountability Office (GAO), and Congress.
Under the guidance of senior analysts, use automated budget and accounting systems and financial analysis techniques to develop, modify, and convert financial information for presentations, reports, and other documents. The analyst may supports senior analysts who routinely utilize automated accounting systems like PRISM, DELPHI, REGIS, Corporate Work Plan (CWP), OBIWAN, and SPIRE.
May be required to serve as an individual contributor and/or team member of the division for the effective management of budget funds covering Facilities and Equipment (F&E) and Research, Engineering, and Development (RE&D). Supports multiple programs and/or projects simultaneously.
Where needed, may be required to identify and research financial or budget challenges. Develop charts, graphs, briefings or reports for use by senior analyst in communication with stakeholder organizations. Established policies/procedures provide guidance for most assignments, but allow discretion for analyst to select the most appropriate approach(es) or recommend new approaches. Assignments often require reviews of policies and precedents under the limited guidance of a manager or more experienced employee.
Works collaboratively and communicates effectively with others across lines of business, supporting financial and budget tasks and projects simultaneously and/or independently in a fast-paced, results-oriented environment. The work is typically reviewed at completion for success in achieving planned results. The work activities of this position support and are vital to the success of projects/programs and/or activities for one or more organizational units, major subdivisions, and/or LOB/SOs.
Requirements
Conditions of Employment
- US Citizenship is required.
- Selective Service Registration is required for males born after 12/31/1959.
- Must submit an SF50 (See Required Documents).
To qualify for this position, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to the FV-G, FG/GS-10/11 level. This experience is typically related to the line of work of the position to be filled and which has equipped the applicant with the particular knowledge, skills, and abilities to successfully perform the duties of the position. To be creditable, specialized experience must have been at least equivalent to the next lower level in the normal line of progression for the occupation in the organization.
Specialized Experience Statement
Experience performing analysis and evaluation of data to assess the effectiveness of a process.
Experience applying financial concepts, principles, practices, laws, and regulations in analyzing data.
You should include relevant examples of the specialized experience in your work history. Errors or omissions may impact your rating or may result in you not being considered.
Answer all questions to the best of your ability. DO NOT ASSUME THAT BECAUSE YOU HOLD, OR HAVE HELD THIS POSITION, YOU WILL AUTOMATICALLY BE FOUND ELIGIBLE. You may be asked to provide evidence or documentation that you have this type of experience later in the selection process. Your responses are subject to verification through job interviews, or any other information obtained during the application process. Any exaggeration of your experience or any attempt to conceal information can result in disqualification.
- Applicants who fail to demonstrate possession of any of the above criteria AND who do not provide the required documentation will receive no further consideration for this position.*
**All qualification requirements must be met by the closing date of this vacancy announcement.**
Eligible applicants meeting the minimum qualification requirements and/or selective placement factor(s) (SPF) may be further evaluated on the Knowledge, Skills and Abilities (KSA) and/or Quality Ranking Factor (QRF) listed in the announcement. Based on this evaluation, applicants will be placed in one of the following categories: (1) score order; (2) category grouping; (3) alphabetical; or (4) priority grouping, and referred to the selecting official for selection consideration.
NATCA Multi-unit Interview Criteria: Article 42, Section 5 states: If the Agency decides to interview any qualified employee on the selection list, then all on the list who are qualified must be interviewed. If the selection list is shortened to a best qualified list through a comparative process, then the best qualified list shall be considered to be the selection list. If it is determined that interviews are required and telephone interviews are not utilized, travel expenses incidental to these interviews will be paid in accordance with the Agency's travel regulations and this Agreement.
Education
Education cannot be substituted for experience.
Preview Job Questionnaire
Make sure your resume includes detailed information to support your qualifications and answers to the job questionnaire.
Additional Information
We may use this vacancy to fill other similar vacant positions.
Position may be subject to a background investigation.
A one-year probationary period may be required.
The person selected for this position may be required to file a financial disclosure statement within 30 days of entry on duty. FAA policy limits certain outside employment and financial investments in aviation-related companies. www.faa.gov/jobs/workinghere/financial-disclosure-requirements
The U.S. Department of Transportation strives to ensure that equity, transparency, accountability, collaboration, and communication permeate all that we do for the betterment of the Department, the traveling public, and our nation. As such, DOT values a highly diverse workforce of persons who promote a culture of belonging by respecting the personal dignity and worth of each individual and fostering a positive environment where all feel safe and welcome. If these commitments coincide with your personal ideals and professional aspirations, please consider joining the DOT family.
Notes
- This position is covered by the FAA Core Compensation plan. Additional information about Core Compensation is available
- As a part of the Federal-Wide Hiring Reform Initiative (streamlining the hiring process), the FAA is committed to eliminating the use of Knowledge, Skills and Ability (KSA) narratives from the initial application in the hiring process for all announcements. Therefore, as an applicant, you are NOT required to provide a narrative response in the text box listed below each KSA.
- This Level 5 (Moderate Risk; Public Trust) position requires favorable adjudication of a Minimum Background Investigation (MBI) background investigation prior to appointment, unless a waiver is obtained.
Links to Important Information: Locality Pay , COLA