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Millennium Challenge Corporation
Financial Management Analyst, MC-501-4A
Washington, DC
Dec 4, 2024
$117,840 - $160,610 a year
Full Job Description

Summary

This position is located in the Financial Management Division (FMD), Departments of Administration and Finance (A&F), Millennium Challenge Corporation (MCC).

Although the position is advertised equivalent to GS-13, MCC uses a pay banded system to compensate employees. This position is pay band 4A which is generally equal to GS-13.

Duties

The Financial Management Analyst works under the guidance of the Director of Program Finance providing support for MCC's grant programs which includes budgeting support, disbursement tracking, and execution of the grant funding for MCC's compacts and threshold programs and will perform the following duties and responsibilities to include:

  • Budget and financial coordination - Assist in tracking grant milestones and preparing necessary documentation for funding commitments and obligations. Work with financial representatives from country teams to ensure proper fiscal coding.
  • Disbursement tracking - Support the review and monitoring of quarterly disbursement request packages and monthly reconciliations received from MCC's grantees for active grants and country programs managed by foreign entities. Ensure compliance with policies for submission and approval.
  • Reconciliation and reporting - Assist in regular reconciliation to ensure grant obligations and disbursements are properly tracked in MCC's financial system. Research discrepancies and collaborate with colleagues and MCC's shared service provider to resolve issues.
  • Systems Support - Work with the Office of the Chief Information Officer (OCIO) and other MCC departments to ensure that financial systems are set up correctly for processing disbursements and generating reports. Ensure payment data from the Department of Treasury is loaded into MCC's grant reporting system.
  • Financial analysis and reporting - Prepare reports and analyses related to grant performance, disbursement trends, and other key financial indicators.
  • Liaison and coordination - Serve as a point of contact for MCC's shared service provider regarding grant obligations and disbursements. Monitor shared mailbox and respond to routine queries, escalating complex issues as needed.
  • Document Management - Assist in maintaining internal process manuals related to the financial management of grants, including obligations, disbursement processing, and reconciliations. Ensure documentation is up to date and accessible.
  • Audit support - Provide support during financial audits by reviewing documentations, collecting necessary artifacts, and preparing reports as requested.
  • Other duties - Perform additional duties as assigned.

Requirements

Conditions of Employment

  • Must be able to obtain and maintain a federal security clearance
  • Relocation expenses will not be paid
  • More than 1 job may be filled if additional vacancies occur within 120 days
  • Some domestic and international travel may be required

Qualifications

To qualify for pay band 4A applicants must meet the following:

Have at least one year of specialized experience relevant to the position duties and comparable to the MCC Pay Band 4B (GS-12) or an equivalent level which is directly related to the work of this position and which has equipped the applicant with the knowledge, skills, and abilities to perform successfully the duties of the position. For this position, this experience is defined as: assisting in the development, analysis, and execution of financial plans or budgets for a federal program or agency; preparing budget justification materials and reconciling discrepancies in program budgets; conducting in-depth analysis of financial data to identify trends, discrepancies, or variances; preparing detailed financial reports or recommendations to improve the efficiency or accuracy of financial processes; supporting audits or reviews by gathering data and ensuring internal controls are followed within financial operations; providing guidance or responding to inquiries regarding budget, accounting, or financial system procedures; monitoring compliance with financial management policies, procedures, and federal regulations; and communicating succinctly and effectively, orally and in writing. Note: This experience MUST be well documented within your resume or application.

PART-TIME OR UNPAID EXPERIENCE: Credit may be given for appropriate unpaid and or part-time work. To receive credit you must clearly identify the duties and responsibilities in each position held and the total number of hours worked per week.

A new hire's direct and overall experience are critical factors in determining a salary offer. It is important that your resume fully reflects all of your directly related work experience. Salary offers include three key factors:
  • The selectee's directly related experience at the same level as the position.
  • The selectee's overall experience in a particular area.
  • The salaries of employees in similar positions and with similar levels of experience.
MCC also takes the selectee's skill set into account. Applicants should note that salary offers seldom fall near the upper end of the salary range listed in the vacancy announcement. Salary may be set from the minimum to the midpoint of the salary range of the pay band. In some instances, based on a selectee's extensive experience directly related to the position, salary may be set at or above the mid-point up to the maximum salary for that pay band. See information on MCC base pay ranges and salary structure ().

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

A review of your application and supporting documents will be made and compared against your responses to the assessment questionnaire to determine if you are qualified for the position and to ensure that you have been placed in the appropriate quality category. The HR Office and/or Subject Matter Expert (SME) will evaluate each applicant who meets the basic qualifications on the competencies/knowledge, skills and abilities related to the position such as:

  • Financial Analysis
  • Technical Competence
  • Writing


You will be evaluated based on Category Rating procedures. Based on the information you provided in your application package, you will be placed in one of three quality categories - Best Qualified, Well Qualified, or Qualified. Those applicants who are determined to be best qualified will be referred to the hiring manager for further consideration and may be called for an interview.

If, after reviewing your resume and or supporting documentation, a determination is made that you have inflated your qualifications and/or experience your category can and will be adjusted to more reflect your abilities, and you may lose consideration for this position. Please follow all instructions carefully. Errors or omissions may affect your eligibility.

Applicants must include their own documented examples of the required experience in their resume. Applicants who copy the duties section of this announcement into their resume as their current experience will be disqualified.

Application of veteran's Preference: Category rating and selection procedures place those with veteran's preference above non-preference eligible within each category. Veterans who meet the eligibility and qualification requirements and who have compensable service-connected disability of at least 10 percent are listed in highest quality category, except when the position being filled is scientific or professional at the GS-09 grade level or higher. http://

Required Documents

The following documents must be received by the closing date of this announcement:

  • Applicants are encouraged to include information included in the USAJOBS-formatted Resume Builder (
  • If you are displaced Federal employee, you may be entitled to receive special priority consideration under the Interagency Career Transition Assistance Program (ICTAP) or Career Transition Assistance Program (CTAP). View information about ICTAP eligibility on OPM's Career Transition Resources website. See To be considered eligible under ICTAP or CTAP, you must be placed in the "well-qualified" category for this position, as described above.
  • Veterans Preference documentation (DD-214 - member 4 copy or other copies that indicate character of discharge or equivalent, SF-15 and VA Letter as appropriate) to validate your claim. For more information regarding eligibility requirements, see:
  • If you are eligible for Special Appointment eligibility (e.g., 30% compensable veteran, individuals with disabilities, former Peace Corps or other noncompetitive eligibility candidates.) requires submission of supporting documentation. For more information visit: http://www.opm.gov/employ/students/fedhire.asp#authorities,
  • If you are a current or former political appointee (Schedule A, Schedule C, Non-career SES or presidential appointee employee), you must submit a copy of a your SF-50, along with a statement that provides the following information regarding your most recent appointment (position title, type of appointment (Schedule A, Schedule C, Non-career SES, or Presidential Appointee, agency, beginning and ending dates of appointment, etc.).

If you are relying on your education to meet qualification requirements:

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from .

Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

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Financial Management Analyst, MC-501-4A
Millennium Challenge Corporation
Washington, DC
Dec 4, 2024
$117,840 - $160,610 a year
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