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Financial Management Analyst

2 months ago

Washington, United States Creative Corrections LLC Full time

Creative Corrections is actively recruiting exceptional candidates to be considered for a Financial Management Analyst position located in Washington, DC. This will be a contract role within the U.S. Department of State. The U.S. Department of State is the lead institution for the conduct of American diplomacy and the Secretary of State is the President’s principal foreign policy advisor. The Department of State’s mission is to advance U.S. national security interests, fight terrorism, protect U.S. interests abroad, and implement foreign policy initiatives that build a freer, prosperous, and secure world. The Bureau of International Narcotics and Law Enforcement Affairs (INL) keeps Americans safe at home by countering international crime, illegal drugs, and instability abroad. INL helps countries deliver justice and fairness by strengthening their police, courts, and corrections systems. These efforts reduce the amount of crime and illegal drugs reaching U.S. shores. POSITION DESCRIPTION Under this BPA call, the Budget Execution (INL/EX/BE) Team Member will provide support to INL’s various program, functional, and resource management offices, as directed. PERIOD OF PERFORMANCE The period of performance for this order will be one (01) year from the date of award with the option to exercise four (04) one-year option periods, subject to performance, need, and funding. This position is contingent upon award of contract for BPA Call. POSITION OVERVIEW TITLE: Financial Management Analyst LOCATION: Washington, DC. SECURITY CLEARANCE: A Secret security clearance is required for this position; however, the contractor may begin work with an interim Secret security clearance. CLOSING DATE: August 27, 2024 DUTIES & RESPONSIBILITIES Work closely with the Team Lead and the Division Chief in planning and implementing the execution of the Bureau's multi-billion-dollar budget, accounting, reconciliation, analysis, data review/data entry, and reporting from the financial systems in use. Incumbent's responsibility may encompass specific countries and/or regions, programs, and appropriations. Work closely with Budget Execution Division Chief, supervisors, team leads, and analysts as directed or necessary to assist with and provide execution support, including funds control processes for all INL programs. Work closely with Budget Formulation analysts and Program Office representatives as necessary to support analysis and reporting of country program budgets, including the development and review of the status of multi-year appropriations and balances. Advise on the development and implementation of appropriate systems of internal financial controls pertaining to all aspects of the apportionment, transfer, allotment, obligation, disbursement and accounting of funds by the Bureau. Perform analytical, forecasting and interpretive functions for the management and control of resources and funds, track and control funds for programs supported by the Bureau. Perform administrative and analytical duties related to the execution and review of the Bureau's budget for these programs, analyze and interpret OMB directives, as well as Departmental and other Federal laws, policies, procedures, and guidelines. Work closely with senior program and project managers and contract and procurement specialists in EX, and with program officers throughout the Bureau, in order to ensure the proper execution of millions of dollars in appropriated funding for INL-supported programs and projects in various regions in the world. Work closely with financial management personnel of the Department and other agencies in the Executive Branch and provide financial guidance to Embassy personnel in program countries and ensure compliance with Congressional and OMB requirements regarding management control practices. Coordinate these activities with the Team Lead and with other financial management analysts when appropriate. In conjunction with the Team Lead and other staff, perform studies and audits on control and use of funds to ensure appropriateness of obligations incurred and that resulting expenditures of funds are in accordance with pertinent laws, e.g. Foreign Assistance Act and other specific INL-related regulations. Make recommendations to improve the effectiveness and efficiency of these controls and their impact on the management of programs as required. Provide financial guidance to program officers and project managers, as well as to staff in program countries, as appropriate. Provide advice and assistance to other staff members and senior managers on financial management and processing problems or issues. Develop and/or recommend the modification of methods and techniques to resolve accounting or auditing problems and explain such changes to all staff members, and overseas posts when appropriate, to ensure their awareness of and familiarity with such procedures. Assist in determining the status of fiscal year (FY) program and program development & support funds for the INL Bureau. Assist in determining if funds are available for de-obligation and/or reclassification/reprogramming, as well as which identifying which obligations are available for either de-obligation or reclassification/reprogramming. Assist in determining the type, country, purpose and status of obligations, points of contact and supporting documentation. Create spreadsheets and/or databases for future reference and formulated use (X-LOOKUP and SUMIFS formulas cross-walking future reports to past reports). Run reports for specific accounting data and FY; identify the benefiting country or program. Assist in the development and maintenance of an audit-ready environment by conducting regular self-audits, identifying potential issues, and proactively addressing discrepancies to ensure a seamless audit experience. Assist in the achievement of a 100% compliance rate with all documentation requirements outlined by auditors, ensuring that all supporting materials are organized, complete, and readily available for audit review. Ensure all reports are submitted to auditors ahead of scheduled deadlines, maintaining a 95% on-time submission rate to facilitate thorough auditing processes and regulatory compliance. Assist in the achievement and maintenance of a 98% accuracy rate in the submission of reports to auditors, minimizing errors and ensuring data integrity throughout the reporting process. Create customized financial reports using the bureau financial reporting system. Track, report, and analyze the bureau status of funds workbooks. Monitor and report negative allotments and assist the Budget Analyst with identifying over funded obligations. Assist in determining the original funding to include, analyze and track approved apportionments, researching electronic or paper files and coordinate with other Department offices to acquire necessary information. Create a spreadsheet presentation, which provides beginning funding, amounts that have been obligated, expended, de-obligated, reclassified, reprogrammed, transferred, and remaining balances. Respond in a timely manner to requests for information regarding the reconciliation of agreements, amendments, and reprogramming of funds and track all pertinent information relating to these activities in established Department-wide financial system and Excel spreadsheets. Interact positively and work cooperatively with team members and points of contact to accomplish assigned work in a timely and efficient manner, to include taking proactive measures to improve the work environment and cultivate teamwork. Obtain necessary clearances on all documents prior to signature. Comply with all internal controls and procedures to protect organizational integrity and prevent unauthorized use or misappropriation of all classified and sensitive but unclassified material and equipment in assigned areas. Report security violations/problems to the appropriate authority. MINIMUM QUALIFICATIONS U.S. Citizen. A Bachelor's degree from an accredited institution and two to ten years’ experience at the equivalent GS-12 or higher level; or an Associate's degree from an accredited institution and a minimum of twelve (12) years’ experience at the equivalent GS-12 or higher level; Proficient in Microsoft Office Suite; strong multi-tasking and organizational skills. PREFERRED QUALIFICATIONS A Bachelor’s Degree from an accredited university in Business Administration, Accounting or related finance field. Demonstrated experience using Department of State (DOS) financial systems (or other agency equivalent) to include: Global Financial Management System (GFMS/Momentum), Regional Financial Management System (RFMS/Momentum), Data Warehouse (SAP BusinessObjects), Global BI (SAP BusinessObjects), COAST and the peripheral systems used by the Department at a superior/expert level. Demonstrated knowledge of bookkeeping procedures that maintain funds control records; demonstrated understanding of the relationship between different accounting classifications. Demonstrated knowledge of regulations and requirements governing cost accounting standards, and sufficient knowledge of accounting practices to ensure their implementation. Demonstrated ability to communicate effectively both orally and written. Excel proficiency to include the creation and manipulation of pivot tables, V-LOOKUP, SUMIFS, conditional formatting, and other excel functions. Demonstrated knowledge of and skill in applying analytical techniques to resolve issues or problems of a procedural or factual nature. Demonstrated experience with reconciliation of accounts, spreadsheets, ledgers, etc. Demonstrated experience with Foreign Assistance Funds. LEVEL OF EFFORT Hours for the position will be the core hours of the Department of State: Monday through Friday, 40 hours per week, 8 hours per day. The level of effort for this position is equivalent to the labor category Budget Analyst Level 4. TELEWORK This is a hybrid position that allows for a combination of in-office presence and regular telework. If applicable, telework is authorized only with prior INL/EX/BE Office Director, INL Contracting Officer (CO), and Contracting Officer’s Representative (COR) approval, in accordance with Department of State and INL policies. POSITION LOCATION The physical work location is the at State Annex 1 (SA-01), Columbia Plaza, 2401 E St. NW, Washington, DC. CLEARANCE REQUIREMENT A Secret is required for this position; however, the contractor may begin work with an interim Secret security clearance. This position is contingent upon award of contract for BPA Call. #J-18808-Ljbffr