The Capitalization Policy and Performance Branch (AFM 320), operates under the Property Accounting and Reporting Division. AFM-320 is responsible for the development, interpretation, dissemination, and oversight of Property, Plant, and Equipment (PP&E) policy in accordance with generally accepted accounting principles and all applicable federal guidelines and standards.
The Financial Analyst performs assignments under the minimal direction of a manager, project/program manager, team leader or more experienced professional. Applies experience and comprehensive knowledge of property and financial management to implement projects/programs requirements. Acts as a point of contact to provide advice and guidance on the application of property accounting policies and procedures to include preparation of training materials. Trains FAA Lines of Business/Staff Offices (LOB/SO) on property capitalization policies and procedures. Communicate FAA property accounting policies and procedures internally to the FAA's LOB/SO and externally to the independent DOT-identified auditors. Prepares written documents to include memoranda that document business decisions, operating instructions and manuals, training material, briefings, financial manual updates, and other related documents. Supports LOB/SO regional and headquarters personnel on capitalization requirements and policy interpretation.
Analyzes and determines cost allocation for FAA capital projects. Supports various aspects of FAA financial management, including financial reporting and the annual financial audit. Prepares, coordinates and executes the validation of capitalized assets at National Airspace locations in accordance with federal requirements to identify property as capitalized and/or reflected as an asset on the financial statements. Identifies, communicates and tracks needed updates to DELPHI property records based on asset validation site visits.
Performs capitalization quality assurance (QA) reviews in support of the agency requirements for the financial audit process. Prepares written responses to auditor inquires and development of Corrective Action Plans from financial statement audit. Interacts with LOB/SO and external audit stakeholders to include Department of Transportation (DOT), Treasury Department and independent contractor audit vendors to ensure compliance with Property, Plant and Equipment (PP&E) policies throughout the audit process.
Evaluates impacts of proposals or enactments of various PP&E policies from regulatory or standard setting bodies such as the Office of Management and Budget (OMB), Federal Accounting Standard Advisory Board (FASAB), and the U.S. Treasury. Develops business process re-engineering improvements and works with AFM management to implement policy or procedural changes that results from the assessments. Prepares, reviews, and analyzes property records and reports to identify regulatory problems or inconsistencies affecting property capitalization procedures and practices. Participates in periodic off-site meetings with regional personnel, field representatives, and LOB/SO specialists to prepare capitalization documentation.
Identifies and organizes available resources to accomplish projects/programs requirements. Assignments require review and interpretation of Federal and FAA policies and extrapolations from precedents. Established policies/procedures provide guidance for most assignments, but allow considerable discretion for selection of the most appropriate approach or development of new approaches. Resolves most work issues without the assistance of a manager, project/program manager, team leader or more experienced professional. Develops and recommends approaches to address current and anticipated workload issues. Work is reviewed rarely, typically through status reports and at project completion, to ensure policy compliance and alignment with the requirements of projects and/or other work activities. RequirementsConditions of Employment
- US Citizenship is required.
- Selective Service Registration is required for males born after 12/31/1959.
- Must submit an SF50 (See Required Documents)
To qualify for this position, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to the FV-H, FG/GS-12 level. This experience is typically related to the line of work of the position to be filled and which has equipped the applicant with the particular knowledge, skills, and abilities to successfully perform the duties of the position. To be creditable, specialized experience must have been at least equivalent to the next lower level in the normal line of progression for the occupation in the organization.SPECIALIZED EXPERIENCE IS DEFINED AS: Experience with property and financial management to implement projects/programs requirements.
You should include relevant examples of the specialized experience in your work history. Errors or omissions may impact your rating or may result in you not being considered.
Answer all questions to the best of your ability. DO NOT ASSUME THAT BECAUSE YOU HOLD, OR HAVE HELD THIS POSITION, YOU WILL AUTOMATICALLY BE FOUND ELIGIBLE. You may be asked to provide evidence or documentation that you have this type of experience later in the selection process. Your responses are subject to verification through job interviews, or any other information obtained during the application process. Any exaggeration of your experience or any attempt to conceal information can result in disqualification.*Applicants who fail to demonstrate possession of any of the above criteria AND who do not provide the required documentation will receive no further consideration for this position.*
Eligible applicants meeting the minimum qualification requirements and/or selective placement factor(s) (SPF) may be further evaluated on the Knowledge, Skills and Abilities (KSA) and/or Quality Ranking Factor (QRF) listed in the announcement. Based on this evaluation, applicants will be placed in one of the following categories: (1) score order; (2) category grouping; (3) alphabetical; or (4) priority grouping, and referred to the selecting official for selection consideration.
NATCA Multi-unit Interview Criteria: Article 42, Section 5 states: If the Agency decides to interview any qualified employee on the selection list, then all on the list who are qualified must be interviewed. If the selection list is shortened to a best qualified list through a comparative process, then the best qualified list shall be considered to be the selection list. If it is determined that interviews are required and telephone interviews are not utilized, travel expenses incidental to these interviews will be paid in accordance with the Agency's travel regulations and this Agreement.
Applicants may be asked to verify information on your application for employment with the FAA.
**All qualification requirements must be met by the closing date of this vacancy announcement.**Education
Education cannot be substituted for experience.
Preview Job Questionnaire
Make sure your resume includes detailed information to support your qualifications and answers to the job questionnaire. Additional information
We may use this vacancy to fill other similar vacant positions.
Position may be subject to a background investigation.
A one-year probationary period may be required.
The person selected for this position may be required to file a financial disclosure statement within 30 days of entry on duty. FAA policy limits certain outside employment and financial investments in aviation-related companies. www.faa.gov/jobs/working_here/financial_disclosure_requirements
The U.S. Department of Transportation strives to ensure that equity, transparency, accountability, collaboration, and communication permeate all that we do for the betterment of the Department, the traveling public, and our nation. As such, DOT values a highly diverse workforce of persons who promote a culture of belonging by respecting the personal dignity and worth of each individual and fostering a positive environment where all feel safe and welcome. If these commitments coincide with your personal ideals and professional aspirations, please consider joining the DOT family.NOTES:
1. This position is covered by the FAA Core Compensation plan. Additional information about Core Compensation is available at: https://www.faa.gov/jobs/working_here/benefits .
2. As a part of the Federal-Wide Hiring Reform Initiative (streamlining the hiring process), the FAA is committed to eliminating the use of Knowledge, Skills and Ability (KSA) narratives from the initial application in the hiring process for all announcements. Therefore, as an applicant, you are NOT required to provide a narrative response in the text box listed below each KSA.
In lieu of providing a KSA narrative response in the text box listed below each KSA section, in your work history, please include information that provides specific examples of how you meet the response level or answer you chose for each KSA. Your work history examples should be specific and clearly reflect the highest level of ability. Your KSA answers will be evaluated further to validate whether the level that you selected is appropriate based on the work history and experience you provided. Your answers may be adjusted by a human resource specialist as appropriate.
3. This Level 5 (Moderate Risk; Public Trust)
position requires favorable adjudication of a Minimum Background Investigation (MBI) background investigation prior to appointment, unless a waiver is obtained.
This is a bargaining unit position. This position is represented by NATCA: Multi-Unit.Links to Important Information:
Locality Pay , COLA