Budget Analyst

Security Clearance

Other

Duties

Performs in-depth analysis and research on complex issues related to budget formulation for a significant organizational component or a program with national impact. Presents alternatives and makes recommendations that are used at the highest levels to inform strategic decisions about the future allocation of budgetary resources. Contributes to the development of fiscal policy by participating in senior level management meetings leading to decisions that impact the whole organization before they are made public (e.g., changes in staff funding levels, reassignments, etc.). Analyzes and evaluates relationships between major operating program changes and the financial state of the organization, adapting budgetary policies, analytical methods, and regulatory procedures as appropriate. Reviews and analyzes a variety of historical data and compares current spending information and trends to facilitate decisions regarding resource allocation, annual cost projections, and out-year budget requirements. Analyzes new or revised fiscal legislation to ascertain financial impact on operations. Where appropriate, develop new approaches or methodologies to facilitate the analysis of new or emerging budget issues or trends. Leads, assists, executes or monitors multiple special budget-related projects, which may be sensitive or confidential in nature, for the organization's use in the development of flexible budget strategies, early-retirement scenarios, details of organizational restructuring implementations and the attendant reassignment of full-time equivalent (FTE) slots and other budget and staffing plans. Leads others within the division to accomplish the various tasks necessary to complete special projects. Monitors the status of the assigned project and delivers progress reports to the division chief. Actively participates in meetings with other team members to ensure that projects meet deadlines, goals and objectives. Gathers necessary data, designs user-friendly report formats, and reports on each step of the project. Conducts or guides other team members in conducting research and reviews and analyzes research data to determine the root cause of the issues and problems. Uses the results of the analysis to direct the course of the project to achieve the desired results. Serves as a technical authority for multiple OCIO directorates on budget execution matters. Advises the division chief on the implications of various budget scenarios and recommends appropriate courses of action. Develops operating plans and performs budget execution work involving the most difficult fund control activities for assigned budget accounts and object classes. Monitors transactions, reconciles financial accounts, performs complex financial analysis and cost projections, and prepares monthly reporting of financial transactions. Develops highly sophisticated or original databases or other systems (e.g., spreadsheets, graphs, other electronic systems) to analyze and consolidate budget data to report the status of obligations, expenditures, and funds for assigned accounts and object classes. Advises management officials in subordinate divisions and offices of trends toward over- and under-obligation of funds and works with managers to identify and implement options for resolving or reversing these trends. Prepares status of funds reports, reprogramming requests, gift funds estimates, and other ad-hoc fiscal reports required by the directorate. Assures the accuracy of data in the creation and reconciliation of financial reports and maintains an authoritative historical record of current and prior year budget execution for assigned budget accounts and object classes. Maintains constant awareness of financial operations and program developments in assigned areas during the operating year. Notes, reviews and makes recommendations as necessary on unusual transactions; reviews requested forecasts of estimated requirements for the remainder of the fiscal year; and prepares special status reports on assigned activities or special accounts as required. Conducts annual year-end closing activities for assigned budget accounts and object classes and reconciles with accounting records.

Requirements

Conditions of Employment Library of Congress employees are prohibited from using illegal drugs, including marijuana. The Library is part of the Federal Government and abides by federal law, so regardless of individual state or District of Columbia laws, marijuana use is illegal, considered criminal activity, and can affect your employment at the Library. In addition, past or current drug use and activities (e.g., selling or distributing) may deem you ineligible for employment.

Qualifications

Applicants must have had progressively responsible experience and training sufficient in scope and quality to furnish them with an acceptable level of the following knowledge, skills, and abilities to perform the duties of the position without more than normal supervision. Knowledge of the Federal budget process and financial management practices and procedures including planning, formulation, justification and execution.** Ability to perform budget analysis, formulation and presentation activities.** Ability to perform budget preparation, financial forecasting, analysis and reporting.** Ability to interact collaboratively with others across the organization and provide liaison support in consolidating or resolving high level financial matters. Ability to communicate in writing. Ability to communicate effectively other than in writing.

Other Information

Although it is the Library's policy to afford the maximum pay benefit to employees when setting rates of pay, a new appointee who has had no previous Federal service will generally be paid at step one of the grade. The Library of Congress is an equal opportunity employer. Applicants must submit a complete application package that is received by the closing date of this announcement. Appointment/retention is subject to a favorable evaluation of an appropriate personnel security/suitability investigation. For more information, please see: Vetting Process This agency provides reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please email ADA@loc.gov. The decision on granting reasonable accommodation will be determined on a case-by-case basis. Applicants with disabilities may be considered under special hiring procedures and must submit an appropriate certificate of eligibility when applying for this position. The proof or disability/certification may be issued by the State Vocational Rehabilitation Office, Disability Services or Career Services office of the applicant's college or university, or the Department of Veterans Affairs. The letter must verify that the applicant has a severe disability and must be dated within three years of the date of the application. Certification from health care providers are not accepted. For more information contact the Library's Office of Equal Employment Opportunity at 202-707-6024 or email spp@loc.gov. FAILURE TO SUBMIT YOUR CERTIFICATION WILL CAUSE YOUR APPLICATION TO NOT BE CONSIDERED UNDER THE SELECTIVE PLACEMENT PROGRAM. The Library of Congress is the national library of the United States and is part of the Legislative Branch of the Federal government. As such, all positions are in the excepted service. The Library reserves the right to fill a lesser or greater number of vacancies indicated during the life of this vacancy announcement. Initial permanent appointments to the Library of Congress require completion of a one-year probationary period. Probationary periods served at other Federal agencies do not count toward this requirement. The Library of Congress may offer repayment for all or part of federally insured student loans. However, not all service units within the Library of Congress participates in the repayment of federally insured student loans. Therefore, determination to repay a federally insured student loan is subject to approval by the appropriate service unit. A “Not to Exceed" (NTE) status is used to identify an appointment with a specific ending date. However, the Library has the right to separate a NTE employee at any time due to either performance issues or budget constraints. Are you a veteran? Please indicate the type of veterans' preference you are claiming in your application materials and/or applicant profile and provide the appropriate supporting documentation to validate your claim. Those applying for 5-point preference must submit Member Copy 4 of your DD 214. Those applying for 10-point preference must fill out an SF-15 (click here for the form) and provide the required documentation listed on the back of the form. If required supporting documentation is not attached, Veterans' Preference will not be considered in the application process.

Manages the national library and research services for Congress.