Budget Analyst Financial Analysis

Radha Krishna Dhamala

**** ******* *****, ******** *******, MD 20747

(Cell) 703-***-****, ********@*******.***

Professional Skills

Federal Budgeting: Advance level skill and experience on federal budget formulation, budget execution and financial analysis.

Finance/Accounting: Academic and practical knowledge combined with automated accounting experience

Organizational: Organized work habits, results oriented and can work under pressure

Administrative: Decision-making and problem-solving skills

Work History

The Corporation for National and Community Service (AmeriCorps), A federal Agency, 250 E street, SW, Washington, DC

Senior Budget Analyst: Jan 2023 to Present

-Prepare funding and spending allocations for programs and/or other appropriations that may cover one, two, multi-year, and no-year funds.

-Reviews historical and financial operating data and trends to prepare and/or validate estimates and projections of Program expenses.

-Consolidates estimates into an integrated budget forecast and prepares financial justifications for the estimates.

-Monitor, document, and oversee budget execution for agency programs or offices as needed by the Budget Director.

-Support the Contracting Officer and COR in preparing project documentation, including statements of work, solicitations, and contract modifications. Review and coordinate design and specification packages, develop cost and timeline estimates, and participate in contractor selection, negotiation, and post-award support activities.

-Assist with acquisition and procurement planning, including contract development, solicitation processes, and contract awards.

-Prepare and review major budget justification documents (e.g., POM, OSD, BES, President’s Budget) prior to submission to program managers, resource sponsors, and other stakeholders.

-Coordinate with multiple stakeholders to support informed decision-making and apply procurement expertise to negotiate and manage project-related contracts.

-Develop financial models and statements, apply forecasting methods, and assess performance against budget goals.

-Distributes funds to control points, analyzes actual results as compared to the plan, and makes recommendations to the Budget Director to indicate what adjustments will be necessary to maintain equitable program balance.

-Coordinates updates among analysts, reviews other analysts' recommendations, and recommends process improvements.

-Monitors the accuracy of data entered into financial systems and spend plans by - or impacting - assigned programs/offices.

-Reviews, analyzes, and reconciles payroll data biweekly, monthly, quarterly, and annually to ensure correct spending of agency Salary & Expense appropriation funding.

-Perform programming and re-programming during the budget year, i.e., a new program is developed, recalculation of budget when the numbers of employees changed, recalculates budget when the cost of living increases occur, changes in manpower lag rates within programs, etc.

-Perform and reviews a monthly reconciliation of accounting, spending plan and budget data. Represents the Budget Office in meetings and reconciliations with programs, accounting, procurement, Treasury, and/or grants management offices.

-Develop various budget analyses, reports, charts, and briefing materials for presentation to the Budget Office, OCFO, agency leadership, and potentially for OMB and/or Congressional hearings.

-Assist in producing budget formulation, justification, and execution materials for submission to OMB and Congress. Performs reviews and analysis for and with programs/offices to assess and evaluate compliance with agency budget and financial management policies and procedures.

United States Department of Agriculture (USDA), 1400 Independence Ave, Washington DC,

Budget Analyst: August 2018 to Jan 2023

-Responsible for and provides leadership in all budget execution and formulation activities to include planning, analysis, research, reporting, and presentation associated with executing the budget.

-Responsibilities include formulating, in coordination with Agency Actuaries, the budget for both the S&E Fund and the FCIC Fund (a no year account);

-Develop consolidated budgets and prepare quarterly reports. Review, analyze and revise budget estimates regularly, prepare justification and plans if require.

-Develop tracking tools to monitor and report the rate of expenditure of funds.

-Developing and presenting budget execution reports; and preparing and performing status of funds review and analysis.

-Working collaboratively for the formulation of agency’s budget.

-Budget execution including fund appropriation, awards calculation, budget layout model, internal control and year end closing.

-Initiate and process the inter agency agreements.

-Work as a financial focal person for the budget data and provide information to the concerned including budget hearings.

-Review the budget balance and process the budget transfer if require.

-Prepare status of fund report, unliquidated obligation and monthly outlay plan periodically.

--Assist in all aspects for all apportionments, Warrants, allotments, reprograming, transfers, reimbursements and other financial and budget management activities

United States Department of Agriculture (NRCS, USSDA), Dover, New Hampshire

Financial Resources Specialist: July 2016 to Aug 2018

-Work as a focal person for all finance and budget related for the NRCS state office.

-Develop and execute annual operational budget. Update and amend the budget, budget justification periodically.

-Lead to implement the budget and expenses guidelines. Responsible to execute national directives, OMB Circulars.

-Administer the quarterly certifications, including but not limited to accounts receivables, accounts payables, improper transactions, FMMI security, Obligation balance, and inter agency agreements.

-Review and approve funds availability, fund reservation, grant and agreement’s budget portion.

-Issue AD 700 for official expenses, create purchase order and review reimbursements including SF 1164.

-Assist procurement, contracts and Grants and Agreements.

-Review and approve Purchase Card transactions.

-Prepare different accounting report as require and requested by field offices, program people and other concerned.

-Prepare financial reports for regular tracking, updating and dissemination of information.

-Update the status of fund and obligation monitoring for the state office, periodically.

-Carry out quarterly closings, Year-end closings, process the accruals and reconcile. If require, create a correction entry for wrongly coded financial transactions.

-Review and confirmed the proper funding code of all financial transactions incurred at state office.

-Administer timekeeping system (WebTA) for state office. Review accounting code, project code, leave and time sheet related issue of all employee and validate/resolve. If require create correction entry and reconcile.

-Works as the focal person to prepare all documentations of retired, transferred or resigned employee. Such as lump sum payment, leave audit.

World Wildlife Fund US (www.worldwildlife.org), 1250 24th Street NW, Washington DC

Operation Specialist (Finance and budget): Oct 2012 to July 2016

-Assists in the preparation and analysis of the annual operations and budgeting process. Ensures implementation of effective tracking measures.

-Manage actual financial performance against budgets to ensure balance, and the end of year projections are accurate.

-Reviews financial reports and information pertaining to budgets, project expenditures, program funding requirement and plans. Develops and maintains budgets and efficient financial tracking systems for assigned client projects and Program indirect costs and ensures proper tracking in the corporate accounting and financial planning systems.

-Preparing timely and accurate budget analysis and variance reporting.

-Prepare quarterly financial report SF 425, accrual statement and pipeline analysis for USAID funding projects. And also prepare financial report to other donors and foundations as required and agreed.

-Contributes to the Agreements reporting unit’s quarterly financial reporting the details on cost share and partner spending on time and accurately.

-Perform quarterly report review; prepare monthly and yearly projection and accruals.

-Provide information of work program and budget performance, tracking cost and advice budget implication and modification if required.

-Prepare monthly accounting detail by projects and analyze the actual cost Vs budgeted cost.

-Prepare journal for reclassification of expenses (if required) and revenue recognition at year end closing.

American Institute for Research (www.air.org ), 1000 Thomas Jefferson Street, Washington DC

Finance Specialist: April 2011 to Sept 2012

-Creates and maintains project budgets; assists with project re-budgets.

-Provides budget support to proposal teams; reviews the cost and business requirements of solicitations and ensures a compliant cost proposal response.

-Prepares budgets, budget narratives, and ensures compliance with USAID or other funding agency costing requirements; ensures cost proposal schedules are met.

-Assists with financial set-up and close-out of project offices.

-Reviews all parts of financial reports finalized by field office(s) and submitted to AIR home office on a monthly basis.

-Prepares monthly, quarterly and annual reports and pipelines.

-Develops and maintains efficient financial filing and tracking system for assigned projects.

-Prepares cash requests, fund transfers, reconciliations, and advances to sub-contracts; prepares expense vouchers, travel reimbursements, and invoices for processing.

-Serves as a liaison between the field office and home office, other firms, and corporate finance office.

-Enter information into CPPT, AIR’s staffing database, by working with Project Manager and AIR’s Corporate Finance Office (CFO) to ensure that labor hours and ODC budgets are accurate within CPPT.

Academy for Educational Development (AED) (Now FHI 360), 1825 Connecticut Avenue, Washington DC, www.aed.org, www.fhi360.org

Finance Associate: July 6, 2010 to March 2011

-Processing and reconciling imprest accounts and financial reports of partner organizations including the detailed review.

-Review Expenses reports submitted by staff and consultants.

-Review sub contractor invoices and grant vouchers for accuracy and compliance with billing and contractual requirements.

-Assure proper allocation of expenditures to funding source and expense categories.

-Review and verification of cost sheets, research and re allocate charges on cost sheets as necessary.

-Monitor costs against budgets and obligated funds.

-Prepare and distribute monthly cost sheet and level of effort reports and track updates made by staff.

-Assist as needed with country-, technical-, and project- level budget preparation, as well as with budgets for task orders, subcontracts, and sub agreements.

-Assist for the pipeline analysis and financial reporting.

-Assist with input of internal budgets into the AED budget system.

-Assist senior finance staff to ensure compliance of AED and clients policies and regulations.

Community Based Rehabilitation Service (CBRS), Nepal. (International Non-Government Organization working for the rehabilitation of disabled people in Nepal)

Finance Officer from 2003 to 2008

-Participate in negotiations with donors or other clients in the planning and preparation for meetings, providing financial analysis, models, and risk assessment

-Dealing with donor’s inquiries and also respond to other clients. Participate in the decision making on finance-related issues with other groups such as Executive Board, Government line agencies and Donors.

-Prepare quarterly and monthly reports to Executive Board and other concerned providing financial and other relevant information; prepare internal management reports as needed

-Administered Accounting Books (including but not limited to preparing checks, coding/ posting invoices, preparing deposits, journal entries, general ledger, reconciliations, petty cash)

-Oversaw the issuing of checks/payment of invoices including accounts payable

-Prepared monthly/quarterly financial statements for project staff, Executive Director and Board of Directors

-Completed monthly bank reconciliation for all accounts

-Supervised accounts receivable

-Completed all payroll functions

-Managed an accurate and complete trail of supporting documentation for all financial and bookkeeping activities

Computer efficiency: MS word, Excel, QuickBooks, Peachtree, Solomon, E-portfolio, Power BI

Federal Portals expertise: Max A 11, Treasury CARS, E-grants, G-invoicing, Prism, WebTA and other reporting tools

Education

MBA, Tribhuvan University, Nepal, 2002

Post- Baccalaureate Accounting Certificate: University of Virginia, Northern Virginia Centre Falls Church (Ongoing)

CPA candidate (Virginia Board of Accountancy)

References

Available upon request

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