AcisTek LLC ยท 2 weeks ago
Budget Analyst
Arlington, VA
Full-time
Onsite
Mid Level
$83K/yr - $91K/yr
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Responsibilities
Review budget proposals and funding requests
Conduct cost/benefit and other types of analyses
Submit budget recommendations for approval or rejection of funding requests
Explain and defend recommendations to management and stakeholders
Collaborate with managers to develop final consolidated budget
Ensure the organization's budget adheres to legal regulations
Oversee expenditure and identify trends in spending
Make forecasts for future budget needs
Suggest improvements to increase profits (e.g. spending cuts)
Prepare periodical and special reports
Knowledge and Experience of Financial Reporting systems such as PBIS-IT, CARIS, and Intelligence Workbook
Budget Execution
The knowledge and understanding of Federal Financial Management Regulations, Policies, and Procedures needed to effectively execute funds appropriated by Congress. The ability to utilize sound fiscal judgment obtained from financial and business training to ensure funds are executed within the purpose, time, and amount authorized. Ensure required competencies are acquired to facilitate sound conceptual execution of resources provided.
Fiscal Law & Policies
The understanding of the body of law that governs the availability and use of federal funds. Knowledge of the process by which Government expenditures are authorized and funded as well as differentiates between the major types of appropriations and their uses.
Audit Readiness
The understanding of all policies and concepts associated with establishing and maintaining internal controls in accordance with DoD guidance. Also provides analysis and support to auditing activities such as documentation retention, substantive control testing, and business process improvement
Acquisition Planning
The knowledge of the DoD 5000 Instruction and its governance and interaction with Decision Support Systems (PPBE process, JCIDS, and DAMS). Acquisition Planning is event driven and consists of various acquisition phases and decision milestones. o Key activities are performed during each acquisition phase to provide for informed decision making and synchronize acquisition planning documents with financial planning and budgeting products in each of the PPBE phases.
Financial Reporting
The understanding and support of Acquisition Reporting, Financial Statements, Audit Readiness reporting, Execution Status, and Reports extracted from FM systems.
Financial Systems Functionalities
The comprehensive understanding of financial systems and their functionalities. Knowledge of reporting capabilities and ability to utilize financial data to provide programmatic and financial recommendations to stakeholders.
Accounting Principles and Policies
The knowledge and understanding of both budgetary and proprietary Financial Accounting principles and polices associated with DoN funding appropriations. The ability to apply sound DoD accounting practices using the most current accepted principles and policies established. Ensure the requisite competencies are acquired to enable proper usage of accepted accounting principles, policies, and procedures are adhered.
Financial & Economic Analysis
The ability to forecast, analyze, reconcile and recommend strategies utilizing programmatic and financial data to provide sound advice in accordance with fiscal policies and regulations.
Budget Formulation
The understanding of front-end process by which a specified budget is developed, justified, and defended. Budget formulation includes the Program Objectives Memorandum (POM) output, presentation of budget materials, and Congressional briefings to Professional Staff Members (PSM)
Qualification
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Required
Thoroughly familiar with performing all phases of budget administration
Knowledge and skill in applying budget-related laws, regulations, policies, precedents, methods, and techniques
Analytical, technical, and administrative duties in one or more phases of the budgetary process
Review budget proposals and funding requests
Conduct cost/benefit and other types of analyses
Submit budget recommendations for approval or rejection of funding requests
Explain and defend recommendations to management and stakeholders
Collaborate with managers to develop final consolidated budget
Ensure the organization's budget adheres to legal regulations
Oversee expenditure and identify trends in spending
Make forecasts for future budget needs
Suggest improvements to increase profits (e.g. spending cuts)
Prepare periodical and special reports
Knowledge and Experience of Financial Reporting systems such as PBIS-IT, CARIS, and Intelligence Workbook
Budget Execution
Knowledge and understanding of Federal Financial Management Regulations, Policies, and Procedures
Ability to utilize sound fiscal judgment obtained from financial and business training
Understanding of the body of law that governs the availability and use of federal funds
Knowledge of the process by which Government expenditures are authorized and funded
Understanding of all policies and concepts associated with establishing and maintaining internal controls in accordance with DoD guidance
Provides analysis and support to auditing activities such as documentation retention, substantive control testing, and business process improvement
Knowledge of the DoD 5000 Instruction and its governance and interaction with Decision Support Systems
Understanding and support of Acquisition Reporting, Financial Statements, Audit Readiness reporting, Execution Status, and Reports extracted from FM systems
Comprehensive understanding of financial systems and their functionalities
Knowledge of reporting capabilities and ability to utilize financial data to provide programmatic and financial recommendations to stakeholders
Knowledge and understanding of both budgetary and proprietary Financial Accounting principles and policies
Ability to apply sound DoD accounting practices using the most current accepted principles and policies
Ability to forecast, analyze, reconcile and recommend strategies utilizing programmatic and financial data
Understanding of front-end process by which a specified budget is developed, justified, and defended
Company
AcisTek LLC
AcisTek LLC is a leading minority owned small business aimed to increase performance in Agile principles, delivering quality, results and values in all aspects of our strengths.
Founded in 2003
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Oguz Demirkapi
CTO
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