Financial Officer-Health and Medicine Division

Washington D.C.
Jun 27, 2018
Aug 06, 2018
Full Time
Job Description Summary:
Manages and leads financial and budgeting activities for an executive or operational unit of the National Academies or multiple units of significant scope within a division. Coordinates the activities of one or more financial functions such as fiscal and budgetary management and coordination of contract and grant efforts. Actively participates in strategic planning activities. On the program side, manages financial activities of division-wide or Academies-wide multi-year, complex projects. May serve as deputy to Senior Financial Officer.

The primary duties are directly related to the financial management of assigned units/ programs/projects. Applies in-depth professional level knowledge to independently solve a full range of complex problems. Assignments are broadly defined and require judgment and creativity to complete. Has authority to take whatever action deemed advisable or necessary, but is required to advise superiors. Some persuasion, negotiation and compromise involved in interchanges. Hires, trains, manages, and evaluates predominantly support staff. May establish processes/procedures to ensure the effective and efficient operation of somewhat complex functions.
Job Description:


1. Provides financial management and analysis for major unit or multiple units. Reviews, authorizes, and approves expenditures. Generates reports using the PeopleSoft. Reconciles or oversees the reconciliation of monthly financial statements, ensuring costs are within budget, allowable, assessed to the correct project activity, and incurred within applicable period.

Prepares financial projections and various financial reports, ensuring all reporting requirements are met.

2. Ensures compliance with policies, federal regulations, auditing requirements, contractual obligations, time schedules, and budgetary limitations.

3. Prepares the unit's operating budget. Monitors throughout the year for accuracy and adjusts estimates as needed. Meets with staff regularly to review budgets and ensures funds are being used appropriately. Makes corrections as necessary.

4. Reviews and coordinates prospectuses, proposals, and contracts/grants. Prepares cost estimates for proposal submission to Federal agencies and private sponsors for projects and core support. Reviews proposed sponsor agreements to assess potential contractual problems, spending limits, deliverables, and reporting requirements. Ensures that accepted agreements are in compliance with National Academies' policies and procedures and requirements are met. Participates in discussions with applicable parties concerning scope of work, funding, schedules, modifications, etc. On the program side, has direct contact with sponsors, Boards, and Committees and participates in discussions with sponsors concerning scope of work, funding, contractual issues, schedules, and modifications. Serves as a liaison with the Office of Contracts and Grants.

5. Develops unit financial processes and procedures. Advises staff on National Academies' and unit policies and procedures relating to financial matters. Oversees implementation of new or revised policies and procedures, ensuring they are communicated and are complied with by staff and other applicable parties (e.g., committee members).

6. Regularly reviews work to ensure accuracy and compliance. Responds to requests from internal and external auditors, compiling and forwarding required information. Meets with auditors as necessary.

7. Manages special projects, including complex, multi-year, cross unit and/or cross-divisional activities.

8. Provides leadership and mentoring for finance employees. May supervise employees, assigning work and initiating a variety of personnel actions. Trains and develops employees to successfully perform current responsibilities and encourages development of staff for future roles. Forms effective teams and cultivates a work environment that fosters teamwork. Interprets and ensures consistent application of organizational policies. Initiates personnel actions, including performance and compensation reviews and disciplinary actions.

9. May have oversight for a variety of administrative areas such as human resources, facilities, purchasing, and telecommunications.

Required Knowledge, Skills, and Abilities: Comprehensive knowledge of accounting and financial principles, related federal regulations, and OMB Circulars. Ability to perform financial analyses. Comprehensive knowledge of spreadsheet, forecasting, and other computer-based financial tools. Ability to be highly detailed and accurate in work produced. Ability to solve intellectual problems that reflect substantial variety and complexity. Serves as a resource to others in the resolution of complex problems and issues. Ability to operate with substantial latitude for independent judgement and action. Ability to work successfully in a team environment and to form and maintain effective teams. Experience working in complex environments with a high degree of organizational effectiveness. Ability to develop relationships with co-workers and employees in other National Academies' departments through effective communication. Excellent communication skills with a proven ability to effectively interact with all levels of employees.

Minimum Education/Training Requirements: Bachelor's Degree in Accounting, Finance, Business, or related field, or equivalent knowledge. MBA preferred.

Minimum Experience: Six years of related professional experience, two years of which were in a supervisory capacity (if the job includes supervisory responsibilities).

Physical Capabilities: Ability to work at a computer for extended periods of time.

Required Licenses, Certification or Registration: None.

Supervisory Responsibilities/Controls: Reports to Senior Financial Officer and/or Director. General direction is provided. May have supervisory responsibilities.

Work Environment: Office environment, with occasional travel between National Academies' facilities and to off-site locations.


Any qualification to be considered equivalent, in lieu of stated minimum, requires the prior approval of the Office of Human Resources.

The above statements are intended to describe the general nature and level of work performed by employees assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. Some functions in this description may be specific to a particular unit of the National Academies and not applicable to other units.

Employee Type:EmployeeScheduled Weekly Hours:37.5City/State:Washington, District of Columbia

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