Senior Budget Specialist

Breakforth Solutions Inc

Washington, DC

Full-Time

Job Description

BreakForth Solutions is seeking a Senior Budget Specialist to join our team of dynamic professionals. This candidate will assist the project manager in identifying/understanding the client’s unique needs related to acquisitions, budget, and finance. This role is also expected to lead a variety of financial management support service efforts. This candidate must have the ability to be on-site in Washington, D.C. as needed (expectation is 3 days/week). We offer 100% paid medical benefits for the employee and a host of other amazing benefits. Please apply today!

Essential Functions:

Operating Plan Support: Assist in the development and maintenance of operating plans, including analyzing financial data, forecasting expenditures, and ensuring alignment with organizational objectives and priorities.
Financial Data Analysis: Generate, analyze, and interpret financial data from various financial systems, identifying trends, patterns, and anomalies to inform decision-making and strategic planning. Utilize advanced Microsoft Excel skills to develop complex financial models, perform data analysis, and create reports.
Stakeholder Engagement: Collaborate with internal and external stakeholders, including federal agency executives and project team members, to gather information, provide financial analysis and recommendations, and support decision-making processes.
Spend Plan Management: Manage spend plans and track the status of funds, monitoring budget execution against established plans and identifying variances for remedial action or reallocation as necessary.
Budget Execution: Support budget execution activities, including monitoring commitments, obligations, and expenditures, reconciling financial data, and preparing reports to track budgetary performance and compliance.
Budget Formulation: Assist in the formulation of budget proposals, providing input and analysis to support the development of budget justifications, resource allocation decisions, and funding requests. Additionally, leverage Microsoft PowerBI to visualize and communicate financial insights effectively.
Capital Planning: Collaborate with program officials to develop and implement capital asset plans, ensuring alignment to strategic goals.

Education/Skills/Experience Requirements:

Minimum of 5 years of experience as a budget / financial analyst supporting a federal agency.
Bachelor's degree in Finance, Accounting, Business Administration, or a related field required; Master's degree preferred.
Relevant certifications such as Certified Government Financial Manager (CGFM) is a plus.
Advanced knowledge of financial systems and tools, with proficiency in Microsoft Excel.
Experience developing dashboards and reports using Microsoft PowerBI.
Active public trust clearance or the ability to obtain a public trust clearance.

Desired Knowledge/Skills 

Previous experience supporting operating plans, budget execution, and budget formulation, preferably in a federal agency or government contractor environment.
Strong analytical skills and attention to detail, with the ability to interpret complex financial data and provide actionable insights.
Excellent communication and interpersonal skills, with the ability to effectively engage with stakeholders at all levels.
Experience writing SOPs.
Experience drafting budget preparation guidance and templates.
Experience with federal agency budgetary practices, preferably the Department of Commerce or its component agencies.
Ability to work independently.
Strong problem-solving skills.
Ability to work under pressure.
Ability to work well in a team environment.