Budget Support
Ensuring accurate financial tracking and resource planning for program leaders
Extensive, multifaceted budget support capabilities
Fibertek’s budget support capabilities provide critical assistance in the preparation and review of program budget documentation. Our team has a proven track record of developing and managing budget requirements for both internal and external consumption, as demonstrated by support to the DoW and Civilian Agencies.
Our expertise includes supporting monthly reviews of program execution documents, processing funding awards and aiding in the financial planning and administration of monthly execution reviews. This includes managing resource commitments, obligations, expenditures, and unobligated funds balance, and executing reporting actions.
- Budget tracking and reporting
- Ensuring execution of funds
- Tracking customer procurement spending
- Resource planning and support
Accuracy and engagement
Fibertek’s approach to budget support is characterized by a commitment to accuracy and engagement with technical managers to understand and communicate the story behind the numbers. We assist program managers and financial analysts in developing fiscal year Spend Plans prior to the execution of appropriated funding, and we respond to tasking from unliquidated obligations resulting from organizational reviews.
We shape budget support based on execution performance within program offices, taking into account developing requirements from strategic guidance such as the Defense Planning Guidance (DPG), The Army Plan (TAP), and related documents for the Program Objective Memorandum (POM), Budget Estimate Submission (BES), and President’s Budget exhibits. Our personnel are well-versed in the General Fund Enterprise Business System (GFEBS), ensuring that they can provide institutional knowledge and training to other staff members.
- Providing insight and control to program leaders
- Shaping budget support based on execution performance and strategic guidance
- Extensive institutional knowledge
Tools and systems for comprehensive budget support
The Fibertek team is experienced in using tools like GFEBS and the Standard Operation Maintenance Army Research and Development System (SOMARDS) to ensure compliance with all relevant budget regulations and policies.
Our Budget Analysts manage the execution of funds in GFEBS and reconcile CCAR to balance with GFEBS, reducing the risk of reporting disparities. They prepare, review, and update program and budgetary documentation for obligations and disbursements, support budget processes, and coordinate POM builds, BES, and P-Form/R-Form submissions for out-year financial documents.
- Fully equipped to help ensure compliance, reduce the risk of reporting disparities, and contribute to effective financial management of client programs
- Experienced with GFEBS and SOMARDS
Why Fibertek
Why Fibertek for budget support?
A proven track record of developing and managing budget requirements for DoW and Civilian Agencies.
Comprehensive capabilities that enable us to provide detailed fiscal policy records and annual spend plans
Ability to engage with technical managers to understand and communicate the story
Expertise in developing potential Courses of Action (CoAs) in event of changes to the budget for particular programs
Expertise in managing schedules and funding to ensure organizational goals are met in a timely and efficient manner.
