FINANCIAL MANAGEMENT/COST ESTIMATING SPECIALIST

Air Force Materiel CommandLackland AFB, Texasusajobspublished 10/01/2026

Click on "Learn more about this agency" button below for IMPORTANT additional information. The primary purpose of this position is to perform financial analysis with responsibility for all aspects of planning, analysis, formulation, justification, presentation, execution and review of all appropriations associated with programs assigned.

Major duties

  • Responsible for planning, programming, scheduling, budgeting, evaluation of cost and schedule performance, status-management reporting, reprogramming and other financial management functions related to assigned programs.
  • Analyzes budgetary requirements and prepares budgets. Provides advice and guidance to program managers on the interpretation of budget policy and the formulation of budget requests in support of the five-to-seven year system development cycle.
  • Translates raw requirements data submitted by program managers into comprehensive resource exhibits/narratives for timely submission into Planning, Programming and Budgeting System (PPBS) resource cycle for the purpose of achieving balanced information operations resource programs and effective execution of available resources.
  • Accurately addresses variances between programmed and actual execution rates after meticulous analyses and coordinations with program managers or other DoD and Federal agencies.

Qualifications

In order to qualify, you must meet the quality level experience requirements described in the Office of Personnel Management (OPM) Qualification Standards for General Schedule Positions, Administrative and Management Positions. EXPERIENCE REQUIRED: Your resume must reflect the quality level of experience which demonstrates the possession of the knowledge, skills, abilities, and competencies necessary for successful job performance required for this position. Examples of creditable experience include: In-depth knowledge of the principles, practices, policies, and laws of budgeting and financial administration to plan, schedule, and budget for complex, multi-phased programs. Ability to evaluate cost and schedule performance, conduct variance analysis, and perform reprogramming actions. Skill in utilizing specialized financial systems to gather, analyze, and synthesize diverse financial data into comprehensive budget estimates and status-management reports. KNOWLEDGE, SKILLS AND ABILITIES (KSAs): Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities and/or competencies in the following areas:

  1. Knowledge of the policies, principles, concepts, guidance, procedures, techniques and methodologies pertaining to analysis of financial data.
  2. Knowledge of DoD acquisition requirements, development and approval processes.
  3. Knowledge of the requirements, techniques, procedures and practices of generally accepted accounting principles and standards.
  4. Skill in formulating, justifying and/or analyzing financial requirements of the assigned program.
  5. Ability to gather, assemble and analyze data using financial systems to prepare budget estimates, develop alternatives and make recommendations to resolve budget/funding problems.

PART-TIME OR UNPAID EXPERIENCE: Credit will be given for appropriate unpaid and or part-time work. You must clearly identify the duties and responsibilities in each position held and the total number of hours per week. VOLUNTEER WORK EXPERIENCE: Refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student and social). Volunteer work helps build critical competencies, knowledge and skills that can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.