Budget Analyst

Description

Position Details: 

Job Title: Budget Analyst 

Job Type: Full-time 

Salary Range: $135,000 - $145,000 

Location: Hybrid, DC - Hybrid work arrangement with required onsite presence during core federal hours (Monday-Friday, 9:00 AM - 3:00 PM ET) and additional onsite coverage as mission dictates 

Dynanet Corporation Overview: 

Dynanet started with a focus on IT infrastructure and operations, helping organizations enhance their networks and overcome the limitations of 1990s technology. From strengthening communication channels to introducing innovative ways to collaborate and share information, Dynanet played a crucial role in shaping the early stages of digital transformation. The company’s efforts helped organizations build the very fabric of connectivity that now powers our modern world. Over the last three decades, Dynanet has grown into a trusted partner for organizations looking to innovate boldly and transform seamlessly. While technology continues to evolve and unlock new opportunities, for nearly 30 years, Dynanet remains committed to delivering cutting-edge solutions that drive lasting change for its customers. Through agility, foresight, and an unwavering dedication to excellence, Dynanet continues to empower organizations to thrive in a rapidly changing digital landscape. Our story is more than just a story of technology – it’s a story of vision, growth, and transformation that has shaped the past and continues to pave the way for the future. 

About the Role:  

The Budget Analyst is responsible for performing the ACF Tech budget formulation and execution functions while providing comprehensive support throughout the budget approval process. This role manages the customer's annual IT budget of $90M+, preparing ad-hoc reports, business cases, and trade-off analyses in response to OMB inquiries. The analyst will support meaningful Capital Planning and Investment Control (CPIC) processes by leveraging data-driven insights to guide IT investment budgeting and deliver strategic, cost-saving, evidence-based recommendations that directly influence budget allocation adjustments. This position requires expertise in federal budgeting processes, financial analysis, and strategic planning to optimize IT investment management and ensure alignment with the customer’s mission priorities. 

Requirements

 Roles & Responsibilities: Budget Formulation & Strategic Planning: 

• Develop and deliver annual budget formulation documents based on collaboration with the ACF Tech leadership and agency budget staff 
• Achieve 100% on-time submission of annual and multi-year IT budget plans aligned with the ACF Tech and agency priorities 
• Support meaningful Capital Planning and Investment Control (CPIC) process through data-driven insights and strategic recommendations 
• Coordinate with agency and other federal staff on budget formulation and execution activities 
• Prepare budget formulation materials typically starting between February and April annually 
• Develop GT&C (General Terms & Conditions) and 7600 A&Bs with historical volume of 8-6 in FY24, 3-2 in FY25, peaking in Q3-4 

Budget Execution & Financial Management: 

• Perform comprehensive budget execution tracking and monitoring for $90M+ annual IT budget 
• Maintain up-to-date budget execution tracking with 100% monthly reporting compliance to ensure financial transparency and alignment 
• Manage budget change management and SPCRs (including p-card transactions) with approximately 120 requests in FY24, 50 in FY25 
• Process requisition and order submissions (120 in FY24, 47 in FY25) with peak activity in Q3-4 
• Track and manage SSF (Shared Services Fund) invoice tracking and payments on monthly basis with peak periods February-September 
• Maintain daily budget tracking through spend plan management and program office tap tracker spreadsheets 

Financial Analysis & Reporting: 

• Prepare responses to budget information requests from the ACF Tech leadership, agency leadership, and OMB 
• Respond to 100% of budget inquiries within required timeframes, including ad-hoc requests and trade-off analyses 
• Ensure 98% accuracy rate in budget data and reports submitted to the customerTech leadership, agency leadership, and OMB 
• Conduct spend plan reconciliation (30 times in FY24, twice monthly in FY25) with frequent activity April-June 
• Perform UDO (Unliquidated Obligations) tracking and reporting (4 times in FY24, 3 in FY25) on quarterly basis 
• Develop and maintain budget briefing materials for monthly CIO budget briefs and COR, working funds, and OLAB meetings (54 in FY24, 40 in FY25) 

Data Analysis & Investment Optimization: 

• Deliver strategic, cost-saving, evidence-based recommendations that directly influence budget allocation adjustments 
• Provide proactive insights to federal staff to ensure ability to act before risks become issues 
• Seek opportunities in budget/investment portfolios to achieve cost savings and benefits capitalization 
• Analyze financial performance trends and provide recommendations for budget optimization 
• Support data call responses including BDRs (Budget Data Requests), cyberspend reporting, and CPIC submissions (~25 in FY24, 25+ in FY25) 
• Contribute to 10-15% improvement in budget planning efficiency through cross-functional coordination and process optimization 

CPIC & Investment Management: 

• Support CPIC processes including IT Dashboard submissions (7 in FY24, 8 in FY25) with peaks November-December and March-July 
• Prepare semi-annual budget submissions (2 in FY24) typically in August-October and January-February periods 
• Support Program Office AITPR (Agency IT Portfolio Review) reviews (11 of 11 in FY24, 10 of 11 in FY25) during September-December peak period 
• Assist with CIO Risk Rating Evaluations (1 in FY24, 1 in FY25) typically in March-April timeframe 
• Respond to irregular data call requests from GAO, HHS, and OMB (4 in FY24, 2 in FY25) on ad-hoc basis 

Stakeholder Coordination & Communication: 

• Coordinate with the ACF Tech leadership, agency budget staff, and OMB on budget-related matters 
• Provide financial briefings and presentations to senior leadership and oversight bodies 
• Support acquisition lifecycle activities by providing budget and financial analysis for technology procurements 
• Collaborate with program offices on budget planning and execution activities 
• Maintain program office tap tracker spreadsheets and individual program office workbooks 

Compliance & Documentation: 

• Ensure all budget activities comply with federal financial management regulations and OMB guidance 
• Maintain comprehensive documentation of budget decisions, changes, and approvals 
• Support audit activities and provide documentation for financial reviews 
• Track mobile device expenses and maintain associated financial records 
• Ensure proper financial controls and accountability for IT investments 

Required Professional Skills: 

• Federal Budget Management: Minimum 5+ years of experience in federal budget formulation, execution, and financial management 
• IT Investment Analysis: Understanding of IT budget planning, CPIC processes, and technology investment evaluation 
• Financial Analysis: Advanced skills in financial analysis, budget modeling, and cost-benefit analysis for large-scale IT investments 
• OMB Processes: Knowledge of OMB budget processes, data calls, and federal financial reporting requirements 
• Data Analysis: Proficiency in analyzing financial data, creating reports, and developing executive-level briefing materials 
• Federal Regulations: Understanding of federal financial management regulations, appropriations law, and budget execution requirements 
• Stakeholder Management: Experience coordinating with senior leadership, agency staff, and external oversight bodies 
• Excel/Analytics: Advanced proficiency in Microsoft Excel, financial modeling, and data analysis tools 
• Communication Skills: Excellent written and verbal communication skills for preparing reports and briefing senior officials 
• Attention to Detail: High level of accuracy in financial analysis and reporting with ability to meet strict deadlines 
• Project Coordination: Experience coordinating budget activities across multiple organizational units and stakeholders 

Preferred Professional Skills: 

• Certifications: CPA, CFA, or federal financial management certifications 
• Federal Experience: Previous experience with the customer, HHS, or similar federal agencies managing large IT budgets 
• CPIC Expertise: Advanced knowledge of Capital Planning and Investment Control processes and IT portfolio management 
• Budget Systems: Experience with federal budget systems, financial management systems, and reporting tools 
• Acquisition Support: Knowledge of federal acquisition processes and budget support for procurement activities 
• Advanced Analytics: Experience with advanced financial modeling, forecasting, and predictive analytics 
• PowerBI/Tableau: Proficiency in business intelligence tools for financial reporting and dashboard development 
• Change Management: Experience supporting budget processes during organizational transformations and restructuring 
• Advanced Degree: Master's degree in Finance, Accounting, Public Administration, or related field 

Dynanet Team Requirements and Expectations: 

• Possess Strong written and verbal communication skills. 
• Highly organized with an ability to prioritize, balance, and effectively advance multiple competing priorities in a high-volume, fast-paced environment. 
• Ability to interact in a professional and collaborative manner with fellow Dynanet Teammates and the clients, and business partners that we work with. 
• Ability and desire to challenge and educate yourself to support and advance IT services delivery in the Federal agencies we serve. 
• Excellent judgment and creative problem-solving skills. 
• Respond to team member and client requests via email, MS teams, or other communication means during core business hours. 
• Active listening skills to understand clients' needs, and collaboration skills to work with other developers and designers. 

Education/Experience Requirements: 

• Education: Bachelor's degree in Finance, Accounting, Economics, Business Administration, Public Administration, or related field required 
• Experience: Minimum 7+ years of financial analysis and budget management experience in federal government environments 
• Federal Budget Experience: Minimum 4+ years of direct experience with federal budget formulation, execution, and CPIC processes 
• IT Budget Experience: Minimum 3+ years of experience managing IT budgets, technology investments, or related financial analysis 
• Large Budget Management: Experience managing budgets exceeding $25M with multiple funding sources and appropriations 
• Reporting Experience: Demonstrated experience preparing financial reports, briefings, and presentations for senior leadership 
• Compliance Experience: Knowledge of federal financial regulations, OMB guidance, and audit requirements 

Employee Benefits Overview: 

• Industry Competitive Compensation 
• Medical and Dental Insurance 
• Paid Time Off/Holidays 
• 401(k) Retirement Plans with Matching 
• Remote Work* 
• Paid Training 
• Employee Referral Program 
• Employee Development Program

*Remote work flexibility available with required onsite presence during core federal hours and additional coverage as mission dictates for budget meetings, stakeholder coordination, and financial briefings.