Summary The incumbent serves as a Management and Financial Analyst within the Finance and Services Branch, AMA-021. Responsibilities The incumbent performs varying and complex financial and analytical duties in the conduct of budget formulation, execution, and presentation based on comprehensive understanding of the Academy's diverse programs and resources. The incumbent will be tasked with providing leadership, guidance, and/or expertise in the areas of financial management applying in-depth knowledge of federal regulation and agency guidance. Reviews and interprets financial data from numerous systems and sources, develops and reviews financial statements relevant to the success of the FAA Academy programs. Gathers budget and financial statistical data and/or creates reports and participates in analysis utilized in the preparation and issuance of managerial responses to bargaining unit actions. Performs multiple, varying, and complex assignments under the minimal direction of a manager, project/program manager, team leader, or more experienced professional. The Management and Financial Analyst will possess comprehensive financial knowledge in Franchise funds, Reimbursable funds, Operations funds and Facilities & Equipment funds accounting procedures, and excellent communication skills. The incumbent will perform revenue, cost of goods or services sold, expense analysis, financial results analysis, budgetary analysis, cost analysis, business planning (budgeting), influence cost reduction, manage cash flow and a general ledger. Manages assigned allocations, performs fund certifier duties for all funding types, reconciles with agency systems of record, and prepares statements on agency prescribed cycles. Applies experience and comprehensive knowledge applicable to his/her discipline to plan and conduct functional activities for projects/programs. Assignments frequently require knowledge and experience working across functional and/or organizational lines. Typical assignments include: Reporting and presenting financial information and recommendations to management, Maintaining reports on expenditures to ensure effective use of funds, Making recommendations on financial issues and providing sound advice to managers and operating officials, Developing labor rates and overhead rates, Developing and implementing spending plans. The incumbent analyzes and assembles information and data to be used for reports, program planning, and briefings concerning expenditures, ensures funds are used in accordance with operating budgets, develops and maintains financial tracking systems, monitors expenditures, and reviews documents for accuracy and validity of need and resolves discrepancies in accounting data and reports trends and problem areas which are indicative of inefficient resource utilization to management. Established policies/procedures provide guidance for most assignments but allow considerable discretion to select the most appropriate approach or to develop new approaches. Assignments regularly require the interpretation of internal and external policies. Enters reimbursable agreement data in the Franchise Reimbursable Agreement Tool (FRAT). Works with management and staff to analyze and interpret detailed reports. Provides pertinent analysis information to the decision-making process. Performs financial analysis related studies that support the operation; analysis and evaluation of financial proposals, operating costs and program effectiveness based on labor cost, production capability, and other operational elements. Performs trend analysis and support group cost analysis. Gathers and interprets financial data and transactions and follows monthly accounting procedures to prepare and submit journal entries for recognition of revenue and submit monthly financial adjustments and accruals. Monitors processes for efficiency gaps and performs value-stream analysis and other process improvement techniques to improve process accuracy, timeliness, standardization, automation. Performs other duties as assigned. Requirements Conditions of Employment We are not accepting applications from noncitizens. Qualifications To qualify for this position, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to FV-H (GS/FG-12) level. Specialized experience is experience that has equipped you with the particular knowledge, skills and abilities to perform successfully the duties of the position, and that is typically in or related to the work of the position to be filled. SPECIALIZED EXPERIENCE includes: experience working with Franchise funds, Reimbursable funds, Operations funds and Facilities & Equipment funds; experience performing revenue, cost of goods or services sold, expense analysis, financial results analysis, budgetary analysis, and business planning; experience analyzing data to be used for reports, program planning, and briefings concerning expenditures, operating budgets and financial tracking systems. In addition to the above, the following has been determined to be a Quality Ranking Factor (QRF). Applicants who possess this factor will be considered Well-Qualified. QUALITY RANKING FACTOR (QRF): A well-qualified applicant will have knowledge of the Federal Appropriation Law and Revenue/Expense Recognition. Applicants should include examples of specialized experience in their work history. Qualifications must be met by the closing date of the vacancy announcement. Education See Qualifications Required KSA information: As a part of the Federal-Wide Hiring Reform Initiative (streamlining the hiring process), the FAA is committed to eliminating the use of the Knowledge, Skills and Ability (KSA) narratives from the initial application in the hiring process for all announcements. Therefore, as an applicant for this announcement, you are NOT required to provide a narrative response in the text box listed below each KSA. In lieu of providing a KSA narrative response in the text box listed below each KSA, in your work history, please include information that provides specific examples of how you meet the response level or answer you chose for each KSA. Your work history examples should be specific and clearly reflect the highest level of ability. Your KSA answers will be evaluated further to validate whether the level that you selected is appropriate based on the work history and experience you provided. Your answers may be adjusted by a Human Resource Specialist as appropriate. Eligible applicants meeting the minimum qualification requirements and selective factor(s), if applicable, may be further evaluated on the Knowledge, Skills and Abilities (KSA) and Other Factors listed in the announcement. Based on this evaluation, applicants will be placed in one of the following categories: score order, category grouping, or alphabetical and referred to the selecting official for consideration. 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 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: 1) Applicants must apply online to receive consideration for this vacancy announcement. Faxed, mailed, or emailed applications cannot be accepted. 2) Please ensure you answer all questions and follow all instructions carefully. Errors or omissions may impact your rating or may result in you not being considered for the job. 3) Some, all or none of the applicants may be interviewed. 4) Additional information regarding living in Oklahoma can be found at www.abetterlifeokc.com. 5) This position is covered by the FAA Core Compensation plan. Additional information about core compensation is available on the following website: https://www.faa.gov/jobs/working\_here/benefits. 6) To check receipt of documents, please contact Sidney Snider at Sidney.R.Snider@faa.gov. This is not a bargaining unit position. Links to Important Information: Locality Pay, COLA