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AF Recent Graduates Program (COST ANALYST)

Air Force Civilian Service Buckley Afb, CO

Job Description


- Performs a variety of routine taskings in the cost analysis field designed to advance the interns analytical, judgment, procedural and technical skills.  Assists in extracting and organizing data, and in conducting basic statistical and quantitative analyses of program data to highlight trends, accomplishments, deficiencies and other desired indicators. Assists in the accomplishment of portions of economic studies of operating systems which may include any or all of the following: performance of cost and economic analysis for routine military construction projects and information technology (IT) requirements; development of cost factors for contracting studies, flying hours, reimbursable program, and other major missions assigned to the installation; analysis of current resource utilization and projection of future resource requirements for the activity; etc.  As directed, compiles financial and operational data from records, historical files, and related reports for use by others in the analysis of problems, issues, and concerns. Reviews data for consistency and accuracy. Performs developmental assignments providing experience with commonly used cost analysis practices, procedures, methods, and tools. Participates with higher level financial management personnel in analyzing financial and economic trends. Provides support in the reporting and writing of findings for use in formal and informal briefings.   

- 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 budget formulation work, as well as performing limited budget formation tasks.  As directed, reviews organizational historical data and/or matches funding requests or projected costs of selected line items with past records. Learns and applies methods for determining appropriate appropriation account, object class, and line item code.  Provides support to others in the performance of routine budget formulation work such as entering budgetary information on forms, schedules, and reports.  Assembles information for use by others.

- Uses automated financial management databases and systems and their products.  Develops experience with and utilizes USAF and other federal government databases and systems. Working with higher graded specialists performs quality checks of database information. Uses available information technology (IT) software programs to produce reports of financial data. Uses IT products to assist others in analyses of financial management information.

- Performs special assignments in keeping with the formal training plan.  Includes administrative assignments to develop knowledge of the mission and organization of the financial community; preparation of reports for special interest areas; development and presentation of accomplishments, results of assignments, etc. Develops increasing knowledge of relevant DoD and Air Force policies and directives. Develops an increasing awareness of cost aspects in considerations, recommendations and decisions.


SPECIALIZED EXPERIENCE:  One year of specialized experience equivalent to at least the GS-05 grade level. Specialized experience is defined as knowledge of cost estimating methods and techniques.  Ability to collect, organize, and analyze financial data.  Ability to perform research to identify cost schedules and performance data.  Ability to work accurately with figures.  Ability to communicate orally, and in writing.

FEDERAL TIME-IN-GRADE (TIG)Requirement for General Schedule (GS) Positions: Applicants must have served at least 52 weeks at the GS-07 or higher grade (or equivalent in an alternate pay system) within the Federal Civil Service to be considered for referral. The purpose of TIG restrictions is to prevent excessively rapid promotions in competitive service GS positions and to protect competitive principles.

Once the application and selection process is complete, a review of your application will be made to ensure you meet the applicable OPM qualification requirements. To determine if you are qualified for this job, a review of your resume and supporting documentation will be made. Applicants who fail to provide the necessary documentation to support their educational grade point average/masters degree requirements, qualifying experience or veterans preference claim will be determined incomplete, ineligible or not identified as claiming veterans preference. Please follow all instructions carefully. Errors or omissions may affect your consideration in the referral and selection process.


1.  Knowledge of the laws, regulations, policies, precedents, methods and techniques of financial management in the areas of budgeting and cost analysis.

2.   Knowledge of well established budget formulation practices, procedures, precedents and policies.

3.  Knowledge of management theories, principles, concepts and practices including life cycle management.

4.   Knowledge of the theories and principles of research inquiry and cost analysis.

5.   Ability to research, analyze data, interpret findings, and the ability to use IT to do so.

6.   Ability to communicate orally and in writing

To view qualifying educational requirements and/or combination of education and specialized experience, click on the following link:

This position has an education requirement. You MUST provide transcripts to support your educational claims.  NOTE: Failure to provide transcripts will result in non-consideration for applicable position.  Education must be accredited by an accrediting institution recognized by the U.S. Department of Education.




FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program.  It is your responsibility to provide such evidence when applying.


Veterans unable to apply within two years of receiving their degree, due to military service obligation, have six years after degree completion to apply.



Area of Consideration (Employment Location and Date)-This program requires a monthly reporting date to a  location that MAY NOT be in your current area and you MUST report based on the date that is identified in the assessment to be given consideration.



1. Mobility - you may be required to relocate during or after completion of your training.

2. Successful completion of all training and regulatory requirements as identified in the applicable training plan.

3. Must be able to obtain and maintain a security clearance.

4. May be required to travel by military and/or civilian aircraft in the performance of official duties.

5. The incumbent of this position must meet all requirements of Emergency-Essential (E-E) positions and a pre-employment physical examination is required.



Veterans Preference documentation: DD 214, VA letter, SF 15 if claiming 10 point preference, if applicable and Online Application (Questionnaire), Statement of Service (Military service members "Statement of Service" will be accepted up to 120 days prior to separation date IF a terminal leave form or DD214 cannot be provided.  The "Statement of Service" must be signed by, or by direction of, the adjutant, personnel officer, or commander of your unit or higher headquarters and must indicate when your terminal leave will begin, your rank, dates of active duty service, the Type of Discharge and Character of Service (i.e. honorable).


For more specifics on all veterans employment issues such as Veterans preference or special appointing authorities see the Veterans Guide: 




Benefits of Working for the Federal Government - Click here for an overview of the benefits currently offered to Federal employees.

Positions filled under General Schedule (GS) at entry level. Early promotion or re-promotions will not be granted.  During the three-year training program, there will be annual promotion opportunities based upon meeting time-in-grade requirements, successful performance, and supervisory approval at each grade level.  You will be eligible for noncompetitive promotion to the intervening and target grades dependent on satisfactory performance, successful completion of a full year of training at each lower grade level, and supervisory approval.

Other Information

Male applicants born after December 31, 1959, who are 18 but not yet 26 years old, must be registered with the selective service system (or have an exemption) to be eligible for federal employment.  For additional information or to register, click here


reCRUITMENT incentive may OR may not be authorized.


DIRECT DEPOSIT: All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing.

Job Details

Date Posted July 12, 2018
Date Closes August 11, 2018
Requisition 466972000
Located In Buckley afb, CO
SOC Category 00-0000.00