Duties

Summary

This position is included in the bargaining unit.
More than one selection may be made from this announcement, and the office for that selection may vary.
Please note - only your resume and cover letter will be forwarded to the selecting official.

Learn more about this agency

Responsibilities

This position is located in the Office of Enforcement's Division of Audits and Accounting. The Office of Enforcement serves the public interest by ensuring effective regulations and protecting customers through understanding markets and their regulation, timely identifying and remedying market problems, assuring compliance with Commission rules and regulations, and detecting and crafting remedies to address market manipulation and other non-compliance issues.

Major duties of the position include:

- Leading various technical accounting projects to solve complex and pioneering accounting issues related to the Commission-regulated industries. The projects require (1) knowledge of the Commission's USofA; (2) knowledge of GAAP; (3) knowledge of IRC; (4) the ability to research and analyze various Commission precedents, financial statements, and disclosures, to determine compliance with the Commission's accounting requirements; and (5) the ability to prepare highly technical analysis and to present sound recommendations on accounting and ratemaking matters to a broad audience, including senior level management.

- Applying Commission accounting rules and regulations, case precedents, and accounting theory to provide innovative solutions to complex financial issues in the Commission-regulated industries, both independently and in coordination with staff across various program offices.

- Advising the Commission-regulated industries, Commission offices, including Chairman and Commissioner advisors, and Commission multi-discipline teams, on a variety of complex and pioneering accounting and ratemaking issues.

- Coordinating meeting agendas and actively leading discussions at meetings with the Commission-regulated industries, industry trade groups, other regulators, and internal Commission staff, including the Chairman and Commissioner advisors.

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Travel Required

Occasional travel - Up to 10%

Supervisory status
No

Promotion Potential
14

Requirements

Conditions of Employment

• Must be a U.S. Citizen
• Must meet specialized experience
• Must provide most recent SF-50 containing grade/step information
• Successfully complete a background investigation.
• Candidates must submit transcripts at time of application

Your resume must clearly document how you meet the specialized experience in order to meet the minimum qualification requirements for this vacancy. You must meet time-in-grade requirements within 30 days of the closing date of this announcement. All required documents must be received by the closing of this announcement. For this vacancy you must submit a copy of your most recent SF-50 showing your current grade level. If you do not submit a required document, (e.g. most recent SF-50, transcripts, etc) your application will be considered incomplete and you will not receive further consideration. FERC employees must submit all the required documentation to include the SF-50 and transcripts (if appropriate).

Qualifications

In addition to meeting the OPM Educational Requirement for Accountants, candidates must have one full year of specialized experience at or equivalent to the GS-13 level. Specialized experience is defined as: Specialized experience is defined as demonstrated experience leading financial projects involving complex accounting matters using the Commission's Uniform System of Accounts (USofA), Generally Accepted Accounting Principles (GAAP), Internal Revenue Code (IRC), and cost-of-service ratemaking principles. Demonstrated experience leading major projects involve the research, analysis, communication, and reporting of resolutions, including accounting policy, Commission orders, and other issuances to the public in order to resolve highly complex matters.

Education

OPM Education requirement: https://www.ferc.gov/about/careers/qualifications/accountant-0510

TRANSCRIPTS ARE REQUIRED FOR THIS POSITION. FAILURE TO SUBMIT TRANSCRIPTS AT TIME OF APPLICATION WILL RESULT IN YOUR APPLICATION BEING INCOMPLETE AND YOU WILL NOT RECEIVE FURTHER CONSIDERATION.

Special Instructions for Foreign Education: Qualifying education from colleges and universities in foreign countries must be evaluated in terms of equivalency to that acquired in U.S. colleges and universities. Applicants educated in whole or in part in foreign countries must submit sufficient evidence, including transcripts, to an accredited private organization for an equivalency evaluation of course work and degree. A listing of these accredited organizations can be found on the Department of Education's website - http://www.ed.gov/international/usnei/us/workrecog.doc . You must provide a copy of the letter containing the results of the equivalency evaluation with a course by course listing along with your application. Failure to provide such documentation when requested will result in lost consideration.

Additional information

You must submit all required information by the closing date. If materials are not received, your resume will be evaluated solely on the information available and you may not receive full consideration or may not be considered eligible. The materials you send with your resume will not be returned. If you are selected at a grade lower than the highest shown in this listing, you will be placed under a career development plan and can be non-competitively promoted when you successfully complete the requirements for the higher grade. Relocation expenses will not be paid.

It is the policy of the Government not to deny employment simply because an individual has been unemployed or has had financial difficulties that have arisen through no fault of the individual. Information about an individual's employment experience will be used only to determine the person's qualifications and to assess his or her relative level of knowledge, skills, and abilities. Although an individual's personal conduct may be relevant in any employment decision, including conduct during periods of unemployment or evidence of dishonesty in handling financial matters, financial difficulty that has arisen through no fault of the individual will generally not itself be the basis of an unfavorable suitability or fitness determination. Please use the following link for additional information: Ctrl+Click or tap to follow the link" href="https://hru.gov/Studio_Recruitment/tools/Mythbuster_on_Federal_Hiring_Policies.pdf">Mythbusters of Federal Hiring Policies .

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

We will review your resume to ensure you meet the basic qualification requirements. Your resume must address the knowledge, skills, and abilities listed in the Qualifications Section. Your resume should clearly show possession of these competencies. The ideal candidate will possess the following:

1. Demonstrated ability to conduct research and make sound recommendations on proceedings before the Commission consistent with the Commission's accounting regulations and case precedents, to resolve complex and pioneering accounting and ratemaking issues.

2. Knowledge of applicable energy and securities legislation (i.e., the Federal Power Act, Natural Gas Act, Natural Gas Policy Act, Interstate Commerce Act, and Public Utility Holding Company Act of 2005, Securities Act of 1933, Securities Exchange Act of 1934), Commission rules, regulations, policies, precedents, and decisions governing the regulation of public utilities, natural gas companies and/or oil pipeline companies and demonstrated skill in applying this knowledge to very complex and pioneering accounting issues.

3. Knowledge of and demonstrated skill in applying the Commission's accounting regulations, GAAP, and IRC, to resolve complex and pioneering accounting and ratemaking issues. Knowledge of and demonstrated skill in applying accounting theory, concepts, and practices to develop and resolve complex and pioneering accounting and ratemaking issues.

4. Demonstrated ability to communicate effectively while coordinating agendas and actively leading discussions in order to recommend solutions to complex and pioneering accounting and ratemaking issues.

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Background checks and security clearance

Security clearance
Other

Drug test required
No

Required Documents

Please note that if you do not provide all required information, as specified in this announcement, you will not be considered for this position (or will not receive the special consideration, e.g. Vet's Preference, for which you may be eligible). CURRENT FERC EMPLOYEES -- Documentation Relating to Your Federal Employment Submit an SF-50, Notification of Personnel Action, which shows your current (or most recent) grade and competitive service status. (The "position occupied" block on the SF-50 should show a "1" and your "tenure" block should show a "1" or "2".) If you are currently on a Veterans Recruitment Appointment (VRA), submit an SF-50 showing that. Indicate on your application the highest permanent grade you have held; if this grade is different from your current grade, you must submit an additional SF-50 showing this grade in order to receive credit. (FERC EMPLOYEES ARE ALSO REQUIRED to submit any SF-50 which documents the experience with another organization other than FERC). CTAP/ICTAP: If you are a displaced or surplus Federal employee eligible for consideration under the Career Transition Assistance Plan (CTAP) or Interagency Career Transition Assistance Plan (ICTAP), you must submit proof of eligibility. For a detailed list of documents, click here. SPECIAL HIRING AUTHORITIES DOCUMENTATION If you are applying under a special hiring authority, submit a copy of proof of your eligibility. VETERANS EMPLOYMENT OPPORTUNITIES ACT (VEOA) DOCUMENTATION If you are applying under the Veterans Employment Opportunities Act (VEOA), you must submit a copy of your Certificate of Release or Discharge from Active Duty, DD-214 (Member 4 copy), or other official documentation from a branch of the Armed Forces or the Department of Veterans Affairs showing dates of service and type of discharge. Ten-point preference eligibles must also submit an Application for 10-Point Veteran Preference, SF-15, along with required documentation listed on the back of the SF-15 form. An SF-15 may be found at http://www.opm.gov/forms/pdf_fill/SF15.pdf.

If you are relying on your education to meet qualification requirements:

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education .

Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.