Duties
APPLICATION LIMIT: This vacancy announcement is limited to the first 200 applications received and will close at 11:59PM Eastern Time on the day that we receive the 200th application, or at 11:59PM Eastern Time on the listed closing date, whichever occurs first.
We encourage you to read this entire vacancy announcement prior to submitting your application.
As a Budget Analyst, GS-0560-13, you will be responsible for:
• Liaising with project managers and agency budget contacts to assist, review, and evaluate budget requests. Assists in analyzing contract costs to develop cost-benefit analyses of proposed budgetary and program actions to advise Department officials and program managers of the most advantageous course of action.
• Working closely on budget execution activities and analyzes trend data to inform budget formulation decisions. Reviews and analyzes complex data to effectively defend budgetary needs in communications and presentations to senior leaders.
• Advising management to emerging issues and potential problems related to budgets, financing, legislation, and internal controls. Ensures Federal Student Aid staff is kept up to date on budget plans, legislative issues, appropriation actions, progress in achieving budgetary goals, and other related issues.
• Providing advice and assistance to managers in the development and presentation of budget requests; drafting and issuing interpretations of Departmental and Office of Budget and Management (OMB) budgetary guidance; and providing budgetary adjustments and assist with developing strategies, narratives and statistical materials for the federal budget and programs used by senior management officials.
• Identifying potential contractual funding shortfalls and prepares appropriate supporting documentation. Interfaces with business units to research and communicate information on potential contractual funding issues and problems. Develops findings and reports to senior managers.
As a Budget Analyst, GS-0560-14, you will be responsible for:
• Providing recommendations for budgetary actions in formulating budget estimates for a multi-year appropriation, tracking progress of POC appropriations through Congress and provides account scenarios based on congressional action.
• Providing guidance and data calls which contain specific, detailed instructions for completion and coordinates with leadership and external offices, developing detailed background documentation for presenting and defending budget requests.
• Developing cost factors, ratios, tests, and other mathematical modules to evaluate the current financial status, and to determine the cost-benefit of alternative budget and program actions; and integrating data from both justification and execution elements to build detailed analysis for leadership decisions.
• Reviewing proposed circulars, handbook notices, regulation and other directives and makes recommendations consistent with budget policies and procedures and management practices.
• Providing subject matter expertise on contract and inter-agency agreement funding requirements, resources, and allocations. Tracks, monitors, and advises on the legal and technical sufficiency of contract and procurement funds.
Requirements
Conditions of employment
- Must be a US Citizen
- Males 18 and over must be registered with the Selective Service.
- Must complete a Background Investigation and Fingerprint check.
- Must be determined suitable for federal employment.
- May be required to successfully complete a one-year probation period
- Relocation expenses will not be paid.
As a condition of employment for accepting this position, you may be required to serve a probationary period during which we will evaluate your fitness and whether your continued employment advances the public interest. In determining if your employment advances the public interest, we may consider:
• your performance and conduct;
• the needs and interests of the agency;
• whether your continued employment would advance organizational goals of the agency or the Government; and
• whether your continued employment would advance the efficiency of the Federal service.
Upon completion of your probationary period your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.
You must meet all qualification requirements within 30 days of the closing date of this vacancy announcement.
If you are a current federal employee, you must meet all time-in-grade and time-after competitive appointment qualifications within 30 days of the closing date of this vacancy announcement. To verify that you meet these requirements, we will review your responses to the core eligibility questions on the occupational questionnaire, as well as your submitted resume and required documents. To make an accurate determination, you will need to include on your resume your federal position title, pay plan, occupational series, grade level, agency, dates for which you held the grade level (stated as MM/YYYY to MM/YYYY, OR MM/YYYY to PRESENT), and total hours worked per week. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social).
Qualifications
Minimum Qualification Requirements:
You may meet the minimum qualifications for the GS-13/14, if you possess the specialized experience.
Specialized Experience for the GS-13
One year of experience in either federal or non-federal service that is equivalent to at least a GS-12 performing two (2) out of three (3) of the following duties or work assignments:
1. Experience in supporting multi-million dollar budgets for federal program offices.
2. Experience supporting program managers and CORs in managing large, complex federal contracts include developing budget requests, tracking burn rates, revising budgets, answering Office of Budget and Management (OMB) data calls, responding to audit requests and acquisition planning.
3. Experience supporting project managers creating and tracking life cycle costs for the development, implementation and operation of federal technology systems supporting civilian program operations (not just financial or accounting systems).
Specialized Experience for the GS-14
One year of experience in either federal or non-federal service that is equivalent to at least a GS-13 performing two (2) out of three (3) of the following duties or work assignments:
1. Experience in managing multi-million dollar budgets for federal program offices.
2. Experience leading program managers and CORs in large, complex federal contracts including developing budget requests, tracking burn rates, revising budgets, answering Office of Budget and Management (OMB) data calls, responding to audit requests and acquisition planning.
3. Experience leading the creation and tracking of life cycle costs for the development, implementation and operation of federal technology systems supporting civilian program operations (not just financial or accounting systems).
Knowledge, Skills, and Abilities (KSAs) GS-13
The quality of your experience will be measured by the extent to which you possess the following knowledge, skills and abilities (KSAs). You do not need to provide separate narrative responses to these KSAs, as they will be measured by your responses to the occupational questionnaire (you may preview the occupational questionnaire by clicking the link at the end of the Evaluations section of this vacancy announcement).
1. Ability to compile and analyze datasets to create alternative budget scenarios and program actions.
2. Ability to effectively and efficiently communicating verbally and in writing when developing recommendations.
3. Knowledge of a range of laws, regulations, principles, precedents, and internal practices of an organization to develop budgetary recommendations and assist in setting and implementing program goals.
4. Knowledge of the federal budget process to provide recommendations and interpretations of legislation, policies, and precedents.
5. Skill in performing analytical and evaluative work associated with contracts and budget activities.
Knowledge, Skills, and Abilities (KSAs) GS-14
The quality of your experience will be measured by the extent to which you possess the following knowledge, skills and abilities (KSAs). You do not need to provide separate narrative responses to these KSAs, as they will be measured by your responses to the occupational questionnaire (you may preview the occupational questionnaire by clicking the link at the end of the Evaluations section of this vacancy announcement).
- Knowledge of governing budgetary policies, precedent setting decisions, procedures, and regulations issued by higher authority to assure budget forecasts, estimates, and submissions conform to requirements, guidelines, and financial objectives.
- Ability to exercise independent judgment along with planning, organizing, and directing the work of programs/projects requiring substantial personnel and financial resources.
- Skill in compiling and analyzing datasets to create alternative budget scenarios and program actions.
- Knowledge of the federal budget process to provide recommendations and interpretations of legislation, policies, and precedents.
- Ability to perform analytical and evaluative work associated with contracts and budget activities, such as contract procurement, budget execution, and budget forecasts.
Education
Education cannot be substituted for experience for this position and grade level.
Additional information
Veterans’ Career Counseling: If you are a veteran interested in receiving tips on preparing a Federal resume and/or how to prepare for an interview, you may email careers@ed.gov to schedule a session with a career counselor (“Veterans Counseling Session” should be placed in the subject line of the email).
Student Loan Default: If selected for this position, we will verify that you have not defaulted on any loan funded or guaranteed by the U.S. Department of Education. If you are found to be in default, we will contact you to make arrangements for repayment prior to making an official offer of employment.
Suitability and Investigation: If selected for this position, you will be required to complete the Declaration for Federal Employment (OF-306) to determine your suitability for federal employment and successfully complete a pre-appointment investigation/background check.
Essential/Non-Essential: This position is considered essential for purposes of reporting to work during federal government closures.
Financial Disclosure: This position does not require financial disclosure.
Bargaining Unit: This position is included in the bargaining unit (American Federation of Government Employees (AFGE) Local 252).
Selections: Agencies have broad authority under law to hire from any appropriate source of eligibles and may fill a vacancy in the competitive service by any method authorized. We may make additional selections from this vacancy announcement within 90 days from the date the selection certificates are issued, should vacancies occur. We may also share selection certificates amongst program offices across the agency.
Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
As an ED employee, you will also benefit from our family-friendly work environment. As part of our commitment to maintain a work life balance, we offer excused leave for Parent/Teacher Conferences (3 hours); excused leave for annual health screenings (4 hours); and matching leave for community volunteer service. Other flexibilities that may be available to you include alternative work schedules. You may be eligible to receive a recruitment incentive for this position. To receive this incentive payment, you will be required to sign a service agreement obligating you to remain with the U.S. Department of Education for a specified period as agreed upon. You may be eligible to receive a relocation incentive for this position. To receive this incentive payment, you will be required to sign a service agreement obligating you to remain with the U.S. Department of Education for a specified period as agreed upon. You may be eligible to participate in the Student Loan Repayment Program as a recruitment incentive for this position. To receive student loan repayments, you will be required to sign a service agreement obligating you to remain with the U.S. Department of Education for a specified period as agreed upon.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
How you will be evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
We use a multi-step process to review and evaluate applicants:
1. Eligibility and Minimum Qualifications
Once the vacancy announcement closes, we will review your submitted resume and documents to determine if you meet the eligibility and minimum qualification requirements, including any required education, experience, and/or selective placement factors. You will be rated as ineligible if you are outside of the area of consideration (i.e., who may apply) or your application is missing any required documents. You will be rated as not qualified if you do not possess the minimum qualification requirements.
2. Rating and Ranking
If you are found to meet both the eligibility and minimum qualification requirements, we will assess the quality of your experience and the extent to which you possess the required KSAs by comparing your submitted resume and documents against your responses to the occupational questionnaire. (The occupational questionnaire is the list of questions in the automated system that you will have an opportunity to answer once you apply for the position). Based on the outcome of this evaluation, you will be assigned a numerical score (out of 100 possible). If your responses to the occupational questionnaire are not substantiated by your submitted resume, you may be eliminated from receiving further consideration.
3. Referral and Selection
If you are found to be amongst the most highly qualified applicants, you will be referred to the selecting official. As part of the assessment and selection process, the selecting official may invite you to participate in a structured interview, check your references, and/or request that you submit a writing sample or complete a written assessment or exercise to further evaluate your qualifications for this position.
You may preview questions for this vacancy.
Required Documents
- Your DD-214 or Statement of Service shows if you qualify for Veterans' Preference, the Veterans Employment Opportunities Act of 1998 or the Veterans Opportunity to Work to Hire Heros Act. We prefer the member 4 copy of your DD-214.
- If you qualify under the Schedule A appointing authority, include a disability letter.
- If you are a disabled veteran and want to claim preference, you must submit a letter on VA letterhead with your overall combined service-connected disability rating.
- If you are claiming military spouse preference, include proof of marital status, like a marriage certificate.
- Include to show a permanent change of station for employment eligibility.
- Include a performance appraisal as proof of federal employment.
- A separation notification used to determine employment eligibility.
- Your SF-50 shows a federal position you've held, grade level and duty location. Your SF-50 can support position changes, conversions or separation for employment eligibility.
You must submit (REQUIRED FOR ALL APPLICANTS):
• A resume demonstrating your education, experience, training, and accomplishments as it relates to the qualifications for this position and substantiating your responses to the occupational questionnaire.
Please limit your resume to 2 pages with the font size no smaller than 10 points. If your resume is more than 2 pages, only the first 2 pages will be reviewed and considered for the qualifications determination.
If you are relying on your education to meet qualification requirements:
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from
schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.