Federal Budget Analyst

2ndWave LLC seeks a Federal Budget Analyst to join our team. This person will play a critical role in planning, formulating, executing, and managing the agency's financial resources. This position requires in-depth experience with federal budgeting processes, funds control, and financial reporting to support mission-critical operations effectively. The ideal candidate will have extensive experience with federal budget management, cash flow analysis, interagency agreements, and proficiency in tools such as COGNOS.

Key Responsibilities:

• Lead and support federal budget planning and formulation processes, especially for agencies managing significant fixed assets and interagency agreements.

• Supporting financial management activities including planning, budgeting, and controlling the allocation of funding across multiple projects.

• Develop, manage, and implement detailed agency spend plans to ensure efficient and compliant allocation of resources.

• Create, update, and enhance budget templates to streamline budget preparation and review processes.

• Execute federal budgetary activities, including rigorous funds control, expenditure analysis, reconciliation, reporting, and detailed transaction analysis.

• Analyze expenditure trends and cash flow to provide actionable insights and recommendations to senior management.

• Manage and track customer funds within federal frameworks to ensure accuracy, compliance, and transparency.

• Facilitate business process development and management improvements, contributing to enhanced financial controls and operational efficiency.

• Utilize COGNOS for data analysis, reporting, and supporting informed decision-making processes.

Required Qualifications:

• Bachelor’s degree in Finance, Accounting, Public Administration, or related field; Master’s preferred.

• Extensive federal budget planning and formulation experience within agencies holding substantial fixed assets and managing interagency agreements.

• Proven track record in developing comprehensive agency spend plans.

• Demonstrated ability to develop effective budget templates tailored to organizational requirements.

• Robust experience in federal budget execution, including stringent funds control, meticulous expenditure analysis, financial reconciliation, detailed reporting, and transaction-level analysis.

• Proficiency in analyzing and interpreting expenditures and cash flow data.

• Experience managing and tracking funds for federal customers.

• Expertise in business process development and continuous management improvement.

• Strong skills and experience in using COGNOS for budget and financial data analysis.

Preferred Qualifications:

• Direct budget and financial management experience within the Federal Aviation Administration (FAA).

• Familiarity and practical experience with the Department of Transportation’s DELPHI core financial management system, including PRISM.

Competencies:

• Excellent analytical, organizational, and problem-solving skills.

• Strong attention to detail with the ability to multitask and prioritize.

• Superior written and verbal communication skills.

• Effective collaboration and stakeholder engagement capabilities.

Must be a U.S. citizen or permanent resident. W-2 employment only. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.

About 2ndWave:

2ndWave LLC (2ndWave) is a management and technology consulting firm providing a focused set of financial management, program management, and technology solutions to public sector clients. Our certified professionals have extensive experience implementing large, complex public sector programs; helping our clients solve their most pressing financial and business management challenges; and implementing proven leading-edge technology solutions that enable them to operate more efficiently while minimizing risks and costs.