Financial Specialist I
Job DescriptionJob Description
One Federal Solution is seeking a Financial Specialist I to support financial execution, procurement monitoring, spend...
Job Description
One Federal Solution is seeking a Financial Specialist I to support financial execution, procurement monitoring, spend plan management, financial discrepancy resolution, and tasker data management.
The Financial Specialist I will work closely with government financial management personnel and stakeholders to ensure financial transactions, procurement packages, spend plans, reports, and task-related data are processed accurately, efficiently, and within established timelines.
Key Responsibilities- Financial Transaction Execution: Draft, initiate, and process financial execution transactions (e.g., Procurement Requests) in Navy-ERP and other applicable systems within three (3) business days of request.
- Procurement Monitoring: Monitor the progress of all procurement packages throughout their lifecycle, tracking them to completion and verifying receipt of goods/services.
- Spend Plan Management: Maintain the accuracy and completeness of all spend plans in designated financial systems (e.g., Execution Website) in accordance with BFM requirements.
- Financial Discrepancy Resolution: Proactively identify and resolve financial discrepancies; recommend and implement corrective actions and process improvements to prevent future errors.
- Financial Work Product Generation: Produce accurate, professional, and error-free work products, including financial reports, budget analyses, and impact statements.
- Stakeholder Coordination: Coordinate with IT and other personnel to obtain required technical details for requests and proactively communicate with the BFM to resolve incomplete submissions.
- Tasker Data Management: Collect task-related data from various sources, validate its accuracy, and update designated tasker trackers on a daily basis.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Capability of quickly learning and operating within government-specific financial platforms like Navy-ERP and the Execution Website.
- Strong analytical and problem-solving skills to identify financial discrepancies, conduct root cause analysis, and recommend effective corrective actions.
- Ability to produce accurate, professional, and error-free work products and to validate data for completeness and correctness.
- Excellent written and verbal communication skills for coordinating with stakeholders and producing clear, concise financial reports.
- Proficiency in Microsoft Excel is mandatory, including the ability to create complex spreadsheets, pivot tables, and financial models. Proficiency in Word, PowerPoint, and Outlook is also required.
- Demonstrated experience in federal financial management, including budget execution, spend plan management, and processing and tracking the full lifecycle of procurement and financial transactions within an ERP system (Navy-ERP highly desirable).
- Experience with DoD property accountability and audit readiness, including familiarity with FIAR standards, supporting government audits, and hands-on experience with asset management systems (e.g., DPAS, ERP).
About One Federal Solution:
One Federal Solution (OFS) is an innovative Professional Services provider with over 20 years of experience supporting Defense and Civilian agencies. OFS specializes in Business Intelligence, Acquisition and Procurement, and other Professional Services. We are pioneers, builders, thought leaders, and pride ourselves in thinking outside the box to co-create with our customers, helping them achieve excellent enterprise-wide outcomes. As a certified Service-Disabled Veteran-Owned Small Business (SDVOSB), OFS is committed to providing people who deliver high performance and excellence to our government partners.
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