FINANCIAL MANAGEMENT SPECIALIST

HQ USAF and Support Elements - Department of the Air Force

In order to qualify, you must meet the specialized experience requirements described in the Office of Personnel Management (OPM) Qualification Standards for General Schedule Positions, Administration and Management Positions. SPECIALIZED EXPERIENCE: Applicants must have at least one (1) year of specialized experience at the next lower grade GS-11, or equivalent in other pay systems. Examples of specialized experience includes knowledge of and skill in applying accounting theories and contractual requirements, practices, methods, and techniques and auditing to independently analyze financial systems and to modify and adapt conventional accounting, procurement, and analytical techniques to perform a variety of assignments, solve difficult problems, and to advise management on accounting, contracting and financial matters. Knowledge of account, financial, and contracting automated systems design practices and limitations. FEDERAL TIME-IN-GRADE (TIG) REQUIREMENT FOR GENERAL SCHEDULE (GS) POSITIONS: Merit promotion applicants must meet applicable time-in-grade requirements to be considered eligible. One year at the GS-11 level is required to meet the time-in-grade requirements for the GS-12 level. TIG applies if you are in a current GS position or held a GS position within the previous 52 weeks. NOTE: Applicants applying as VEOA candidates who are current GS civil service employees or are prior GS civil service employees within the past 52 weeks must also meet time-in-grade requirements. KNOWLEDGE, SKILLS AND ABILITIES (KSAs): Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities and/or competencies in the following areas: Knowledge of commonly used budgetary methods, financial and contractual procedures, regulations, laws, principles, and processes to formulate, justify, and execute assigned budget or contractual requirements in support of the mission, structure, goals, work processes, and programs of assigned organization(s). Knowledge of NAFI laws, business practices, regulations, technical acquisitions, and financial requirements governing NAFI accounting, contracting, and financial policies and procedures; AND Knowledge of non-appropriated and appropriated funds, price reasonableness and cost analysis for contractual requirements, and common small business (such as purchase, sales and services) accounting principles and procedures. Knowledge of the full range of federal contracting laws, regulations, policies, practices, methods, and contract types; AND Knowledge of a wide rang of business practices and market conditions applicable to program and technical requirements. Skill in fact-finding, contract analysis and pricing techniques, problem resolution, and development of concrete action plans to solve problems of concrete action plans to solve problem; AND Skill in formulating, justifying, and/or executing assigned budgets/contracts/programs. Ability to gather, assemble, and analyze data to prepare budget estimates, develops alternative, and makes recommendations to resolve budget/funding problems. Knowledge of sources of factual information about and related to processes of budgeting and contracting such as that found in accounting reports, payroll reports, work reports, capital requirements, or inventory or supply data. PART-TIME OR UNPAID EXPERIENCE: Credit will be given for appropriate unpaid and or part-time work. You must clearly identify the duties and responsibilities in each position held and the total number of hours per week. VOLUNTEER WORK EXPERIENCE: Refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student and social). Volunteer work helps build critical competencies, knowledge and skills that can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
The primary purpose of this position is to serve as a financial manager and provide professional accounting and financial management oversight for the Air Force/DOD Executive Dining Facility (AFEDF). This includes accounting, budget, contracting and financial analysis of AFEDF, Non-appropriated Funds Instrumentality (NAFI).

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