Performs a variety of tasks in support of budget, cost analysis, and financial analysis studies and projects to develop analytical, judgment, procedural and technical skills. Compiles pertinent factual financial and operational data from records, historical files, and related reports for use by higher level financial management personnel. Reviews data for consistency and relevance to the situation being studied. Performs developmental assignments providing experience in extracting and organizing data, and performing cyclic management review and analysis of program data to highlight trends, accomplishments, deficiencies and other desired indicators. Documents program data in chart and graph form for presentation.
Performs a variety of tasks to support budget formulation. Receives formal and on-the-job instruction and training designed to familiarize the employee with functions and operations of the organization, and to provide experience in the practical application of basic financial management activities. Assignments consist of assisting a higher grade financial specialist in conducting resource studies and coordinating the submission of budget estimates of the organization budget or a total budget for one or more funds. Learns and applies methods for determining appropriate appropriation account, object class, and line item code and techniques for reviewing estimates.
Performs basic tasks involving budget execution. Compiles resource data from various financial management reports. Following specific directions of higher grade specialist or supervisor, determines method of financial management to be used to track funds distribution, reconcile commitments/obligations and reallocate organizational fund. Assists in monitoring and reviewing obligations, expenditures, reimbursable orders, requests for allotments, costs, etc. Participates in the preparation of a variety of management reports covering the status of funds, expenses, obligations, and projecting use of available resources. Gathers, extracts, and compiles data for use in recurring and nonrecurring report formats and routinely provides status updates. Verifies, enters, and adjusts budgetary data in a variety of forms, schedules, and reports. Participates in year-end closing to ensure proper and full use of provided funds.
Performs tasks in support of cost analyses. Programs being analyzed by higher graded financial management personnel are relatively stable throughout the year. By performing supporting tasks, develops experience in cost comparison/benefit studies and in developing lifecycle cost analyses of projects. Extracts, organizes, and performs statistical and quantitative analyses of program data to highlight trends, accomplishments, deficiencies, and other desired indicators. Assists in preparation of economic analyses of operating systems.
Uses automated financial management system(s) and computer-generated products in accomplishing financial management assignments.