Principal Fin Mgmt Associate

Duties: Provide financial management services for the client:

Budget Integration - Planning, Programming, Budget, and Execution

• Analyze, develop, advise and present recommendations on various phases of the Planning, Programming, Budgeting, and Execution (PPBE) process
• Maintain processes for accurately and thoroughly responding to planning, programming, budgeting, and execution management activities
• Performing research, conducting reviews, and providing assessments
• Support the development of the Program Objective Memorandum, Staffer Day preparations, Spring Program Reviews, Investment Budget Review, Program Management Reviews, Mid-year Execution Reviews, Baseline Execution Reviews, Financial Management Reviews, Acquisition Mission Support, Business Management Reviews, and other budget execution activities.
• Provide detailed, quantifiable documentation and thorough justification for assessment findings, corrective action plans, and recommendations.
• Support the day-to-day activities required to execute programs consisting of O&M, RDT&E and Procurement funding for canceled, expired and active year funds.
• Ensure compliance with Financial Improvement and Audit Readiness guidelines; support and document response to Air Force directed audits.
• Maintain processes for accurately and thoroughly responding to financial management activities in accordance with official directives, regulations and guidance.
• Provide support and assistance in the expert utilization of the Comprehensive Cost and Requirement System and all its functionality

Key Budgeting Activities

• POM
• Justification Books (J-Books)
• Staffer Day preparations
• Spring Program Reviews
• Investment Budget Review
• Program Management Reviews (PMR)
• Mid-Year Execution Reviews
• Baseline Execution Reviews
• Financial Working Group/ Financial Management Reviews, (FWG/FMR)
• Business Management Reviews (BMR)
• PEO Operating Cost Program
• Funds Realignment Requests
• Open Document Listings
• Dormant Account Review-Quarterly (DAR-Q)
• Military Interdepartmental Purchase Request (MIPR)
• Miscellaneous Obligation/Reimbursement Document (MORD)
• AF616 Validation
• Unfunded Requirement List management
• Continuing Resolution Authority funding requirements
• Expired and canceled funds status
• Obligation and expenditure status

Budget Integration - Commitment/Obligation/Expenditure Reconciliation

• Perform Commitment/Obligation/Expenditure Reconciliation
• Analyze data from various Government accounting systems and Program Contractor inputs/reports to support training; data collection; documentation; reconciliation of current, prior and canceling year budgets; and budget execution
• Assist with all recurring and non-recurring financial reviews to ensure unliquidated obligations are recorded; in the proper stage of accounting; valid and correct; dormant/not dormant; and ensure documentation exists to support the recording of the obligations and commitments.
• Recommend remedial actions as necessary to resolve discrepancies, including reconciling and validating unliquidated obligations, 90-day Miscellaneous Obligation/Reimbursement Documents, Open Document List, Tri-Annual Review, analysis of expiring and canceling year funds, year-end contingent liability, Military Interdepartmental Purchase Request/Miscellaneous Obligation/Reimbursement Document validation, prior-year and canceling year budgets, and budget execution.