U.S. Department of Defense

location-iconU.S. Department of Defense

Financial Management Analyst

location-iconNewport News, VA, 23609

jobtype-iconPart Time, Full Time

estimated-salary-icon$84,457 per year

dateposted-iconPosted 9 days ago

Apply Now

location-iconActively Hiring

Duties:

  • Manage and oversee resource management functions, including budgeting, program requirements, billing, revenue, cost analysis, agreements, business operations, workforce management, and congressional inquiries.
  • Analyze financial execution and recommend corrective actions to support operational objectives.
  • Provide fiscal health insights to OSD and DFAS analysts by tracking and reporting on financial performance.
  • Conduct detailed and complex analyses using scientific methods to inform decision-making, particularly in uncertain or ambiguous scenarios.
  • Identify problem areas, recommend corrective actions, and ensure continuous improvement in operations.
  • Prepare position papers, analyses, and recommendations to support RM taskings from DFAS leadership or external agencies.
  • Advise on and resolve issues related to DFAS operating budget formulation and execution.

Requirements:

  • U.S. Citizenship or Nationality required.
  • Registration for Selective Service (males born after 12-31-1959).
  • Eligibility for federal employment suitability.
  • Time after Competitive Appointment: Candidates must have served at least 3 months after the latest competitive appointment in the Federal service.
  • This position may require access to classified information, necessitating a favorable security clearance.
  • Must meet time-in-grade and other qualification requirements.
  • Certification: Must obtain and maintain Financial Management Certification.
  • New employees to DFAS must successfully pass the E-Verify employment verification check.

Qualifications:

  • One year of specialized experience equivalent to the GS-12 level, demonstrating the ability to analyze and manage budget, program requirements, business operations, and workforce management. Experience should include conducting operational reviews and implementing recommendations to improve financial reporting and system management.

  • Time-in-Grade: Applicants must have 52 weeks of service at the GS-12 level or higher.

  • Education: Not substitutable for specialized experience at this grade level.

  • Certification Requirement: Must obtain Level 2 Certification under the DoD Financial Management Program within two years of entry into the position. Failure to obtain certification within the required timeframe may result in termination.

Additional Information:

  • Moving expenses will be covered.
  • Relocation allowances and entitlements are applicable for certain positions.
  • Telework availability will be determined based on mission requirements.
  • The position may involve a probationary period.
  • Selections may also be used for future vacancies within 120 days.
  • Travel requirements: Minimal (1-24%).
  • Position covered by a bargaining unit.
  • Priority Placement Program (PPP) and Military Spouse Preference (MSP) eligible candidates will be given priority consideration.

Evaluation Process:

  • Applicants will be evaluated based on qualifications, including responses to assessment questions.
  • Ensure accuracy and thoroughness in your application to avoid disqualification.
  • DFAS will assess competencies in communication, budget concepts, financial management analysis, and decision support.

Benefits:

  • As a federal employee, you and your family will have access to a comprehensive benefits package, including health, dental, vision, and retirement benefits. Specific benefits depend on the position and employment status.

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FAQ's

Find the answers for the most frequently asked questions below

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A Financial Management Analyst, often referred to as a Financial Planning and Analysis Manager, is responsible for analyzing financial data, developing forecasts, and creating financial reports to guide strategic business decisions. They provide insights to help management make informed decisions about future financial investments and business strategies.

A Financial Management Analyst is a professional who analyzes financial data, develops forecasts, and advises on strategic planning to help an organization make informed financial decisions. They often work with budgeting, investment, and financial risk management.

A Financial Management Analyst is responsible for evaluating financial data, developing financial forecasts, and providing strategic advice to help organizations make informed financial decisions. They often analyze trends, identify potential risks, and suggest ways to improve financial performance.

A Financial Management Analyst is responsible for analyzing financial data, developing forecasts, and providing strategic financial advice to help organizations make informed decisions about investments, budgeting, and long-term financial planning. They often use financial modeling and statistical analysis to assess the financial health of a company and identify areas for improvement.

A Financial Management Analyst is a professional who analyzes financial data, develops forecasts, and provides strategic advice to help organizations make informed financial decisions. They often create financial models, perform risk assessments, and monitor trends to optimize financial performance.

Financial management analysts typically work a standard 40-hour workweek, but may often work more hours to meet project deadlines or respond to market changes. Their work schedule can be flexible, with some working part-time or non-traditional hours.

While a Chartered Financial Analyst (CFA) designation can be beneficial for a Financial Management Analyst, it is not strictly necessary. Many financial analysts have degrees in finance, economics, or related fields, and gain relevant work experience. However, a CFA can provide additional credibility and demonstrate a high level of expertise in investment management and analysis.

A Financial Management Analyst is a professional who utilizes financial analysis, forecasting, and strategic planning to help organizations make informed financial decisions. They evaluate financial data, develop financial strategies, and provide recommendations to improve an organization's financial performance.