Demo

Budget Analyst III

Chenega Professional Services Strategic Business Unit
Washington, DC Full Time
POSTED ON 1/17/2025
AVAILABLE BEFORE 3/8/2025
Summary

Come join a company that strives for Extraordinary People and Exceptional Performance! Chenega Services & Federal Solutions, LLC, a Chenega Professional Services’ company, is looking for a Budget Analyst III to provide financial analyst support services for financial management operations and programs to the Office of Budget and Financial Management (OBFM) at the Federal Housing Financial Agency (FHFA). While supporting these tasks, the Budget Analyst III will analyze financial management processes, assess Agency business operations and programmatic issues and provide advice and recommendations to the Government. The Budget Analyst III will perform daily financial management processes supporting budget formulation and execution.

Our company offers employees the opportunity to join a team where there is a robust employee benefits program, management engagement, quality leadership, an atmosphere of teamwork, recognition for performance, and promotion opportunities. We actively strive to channel our highly engaged employee’s knowledge, critical thinking, innovative solutions for our clients.

Responsibilities

  • Develop and provide Agency program and budget formulation and execution support under the general guidance of OBFM staff. Provide government wide budget execution guidance based on OMB Circular A-11 and other government-wide authoritative sources on the proper use of budget object classes, determination of appropriate budgetary treatment, and fiscal law implications to ensure FHFA’s financial records of commitments and obligations are accurately presented in the agency official financial accounting system.
  • Evaluate and analyze data extracts from the financial management system and reports, identify errors in coding structures, develop corrective recommendations, and provide OBFM management recommendations.
  • Review internal codes on various financial management transactions and documents to ensure accuracy of electronic financial management records to support administrative fund control and internal control requirements.
  • Perform periodic reviews, analysis and reconciliation of reports and data sets to ensures the financial management system data is correctly represented in external and internal reports.
  • Monitor the agency-wide budget execution spending to ensure divisions maintain accurate budget to actual reporting and inform the FHFA officials on variations in fund status and availability of funds.
  • Develop cost estimation models using available data from a variety of systems to provide management will budgetary reporting.
  • Provide guidance based upon Federal Travel Regulations and FHFA policy to FHFA staff across all facets of the Government travel program. Assist in composing, maintaining, and clarifying the travel policies and procedures of FHFA staff.
  • Perform payroll reconciliations and review of associated external reporting, maintain accurate bi-weekly payroll reports, including personally identifiable Controlled By FHFA information (PII), to enable accurate compensation and benefit forecasts monthly, and for use in budget formulation and year-end planning.
  • Provide budget formulation guidance to support to Office Directors and Budget Liaisons development of their segment of the annual budget request.
  • Review business processes, identify improvement opportunities, and present recommendation for process improvement or reengineering.
  • Collect and analyze data, produce models and visualizations, and draw conclusions and develop recommendations from the data to improve decision making for OBFM.
  • Respond to basic reoccurring financial management budget, travel program, or system inquiries and redirect calls as necessary based on the needs of the caller.
  • Create and edit technical, financial and policy documents such as policy and procedures, letters, memoranda, internal control or audit cycle memos, financial reports, charts, and budget transactional documents of a technical and/or policy nature, and senior level correspondence. Fax documentation as requested.
  • Assist OBFM staff in arranging appointments, conferences, and meetings with internal FHFA employees and members of the private sector. Provide assistance to OBFM staff during meetings to include, but not be limited to, taking notes and assisting in meeting commitments.
  • Ohter duties as assigned


Qualifications

  • Master’s degree in Finance, Accounting, or Data Analytics.
  • 5-8 years of related accounting and financial experience.
  • Preferred: Certified Govermental Fiancnial Manager (CGFM).


Knowledge, Skills And Abilities

  • Knowledge of and experience with Federal financial management activities, including but not necessarily limited to: OMB Circular A-11, OMB Max data entry, OMB A-123 assessments for internal controls over financial reporting; financial policy, budget formulation and execution.
  • Knowledge of and experience with section of OMB Circular A-11, on budget formulation and execution, OBM A-123, Appendix B, the Chief Financial Officers Act of 1990, Federal Financial Integrity Act of 1982 (FMFIA), and financial systems data modeling and management.
  • Possesses strong oral and written communication skills.
  • Heightened attention to detail, and the ability to create and edit technical and non-technical written work products and graphical presentations.
  • Ability to view problems from multiple angles and apply a variety of solutions to solving issues.
  • Ability to develop and apply financial models and scenarios using a variety of financial data sets.
  • Ability to participate in client-facing discussions and meetings.
  • Ability to synthesize information quickly and learn new skills.
  • Demonstrates proven thorough abilities in the following areas.
  • Support of budget formulation and execution and support for internal controls.
  • Funds management and oversight of agency financial resources.
  • Understanding deficiencies communicated by the client’s auditor or internal control teams, tracking audit provided by client (PBC) requests, responding to audit requests, developing corrective action plans, and executing remediation with a focus on internal controls over financial reporting and management financial statement assertions.


Final salary determination based on skill-set, qualifications, and approved funding.

Many of our jobs come with great benefits - Some offerings are dependent upon the role, work schedule, or location, and may include the following:

Paid Time Off

PTO / Vacation - 5.67 hours accrued per pay period / 136 hours accrued annually

Paid Holidays - 11

California residents receive an additional 24 hours of sick leave a year

Health & Wellness

Medical

Dental

Vision

Prescription

Employee Assistance Program

Short- & Long-Term Disability

Life and AD&D Insurance

Spending Account

Flexible Spending Account

Health Savings Account

Health Reimbursement Account

Dependent Care Spending Account

Commuter Benefits

Retirement

401k / 401a

Voluntary Benefits

Hospital Indemnity

Critical Illness

Accident Insurance

Pet Insurance

Legal Insurance

ID Theft Protection

Teleworking Permitted?

Yes

Teleworking Details

Hybrid - 1 day a week onsite

Estimated Salary/Wage

USD $120,000.00/Yr. Up to USD $135,000.00/Yr.

Salary : $120,000 - $135,000

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