Financial Management Analyst

Employer
USAJobs
Location
Washington, D.C
Posted
Nov 16, 2020
Closes
Nov 24, 2020
Hours
Full Time
Duties

Summary

The incumbent serves as a Financial Management Analyst in the Office of the Chief Financial Officer (OCFO), and is responsible for performing analyses of financial management policies, practices, procedures and operations with the objective of maintaining and improving the efficiency of ongoing/new processes.

This is a Non-Bargaining Position.

Learn more about this agency

Responsibilities

As the Financial Management Analyst in this position, you will:
  • Trace transactions entered in the automated accounting system and prepares spreadsheets to: reflect the source of any discrepancies; reflect the corrective action required to bring accounts into agreement; prove the accuracy of the adjusted accounts; and/or recommend actions to prevent recurrence of similar discrepancies.
  • Develop tracking systems to monitor the status of projects and outstanding matters.
  • Plan and coordinate with Office of Inspector general (OIG) and auditors and acts as a liaison for FEC for the annual financial statement audit.
  • Compile and verify the accuracy of accounting data and adequacy of supporting data to prepare statements and reports, schedules, and comparative analysis of accounting transactions.
  • Analyze and evaluate current financial management policy, practices, procedures, and methods; identifies areas of concern and types of corrective/improvement action needed.


Travel Required

Not required

Supervisory status
No

Promotion Potential
12

Requirements

Conditions of Employment

  • You must be a U.S. citizen or national.
  • You must be able to pass a background investigation.
  • Males born after 12/31/1959 must be registered or exempt from Selective Service (see Legal and regulatory guidance below).
  • You may be required to serve a 2 year probationary period.
  • Direct Deposit of Pay is required.
  • You must meet eligibility and qualification requirements within 30 days of the closing date of this announcement.
  • Status candidates must meet time-in-grade/band requirements (52 weeks at the next lower grade).


Qualifications

In order to qualify, you must meet the education and/or experience requirements described below. Your resume must clearly describe your relevant experience. If qualifying based on education, a copy of your unofficial transcripts must be provided with your application.

Qualifications for GS-0501-09:

Have one full year of specialized experience applying basic financial support of an organization. This must include activities such as: (1) assisting with analyzing and evaluating the agencies receivables balances; (2) assisting with examining assigned accounts and preparing reconciliations, adjustments and/or analysis of the accounts; (3) processing payroll and time keeping data; and (4) verifying the accuracy of accounting data and adequacy of supporting data to prepare statements and reports, schedules, and comparative analysis of accounting transactions. This experience must be comparable in scope and responsibility to the GS-07 level in the Federal service (obtained either in private or public sectors).

OR

B. Have a master's degree, or equivalent graduate degree, or 2 full years of progressively higher-level graduate education leading to such a degree or LL.B. or J.D if related. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. (Note: you must submit copies of your transcripts).

OR

C. Have an equivalent combination of the specialized experience and graduate level education described above. (To calculate your combined amount, first determine the amount of your specialized experience as a percentage of the requirement listed in A above; then determine the amount of your graduate education in excess of one full year (18 semester hours) as a percentage of the requirement listed in B above; then add the two percentages. The total percentages must equal at least 100 percent to qualify.

Qualifications for GS-0501-11:

Have one full year of specialized experience demonstrating financial support of an organization. This must include activities such as: (1) analyzing and evaluating the agencies receivables balances; (2) gathering and analyzing information and data for special projects to provide reports; (3) examining assigned accounts and preparing reconciliations, adjustments and/or analysis of the accounts; and (4) verifying the accuracy of payroll data and adequacy of supporting data to prepare statements and reports, schedules, and comparative analysis of accounting transactions. This experience must be comparable in scope and responsibility to the GS-9 grade level in the Federal service (obtained either in private or public sectors).

OR

Have successfully completed a Ph.D. or equivalent doctoral degree or 3 full years of progressively higher graduate level education leading to such a degree or LL.M., if related. Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. Note: You must submit a copy of your graduate transcripts with your application.

OR

Have an equivalent combination of the specialized experience and graduate level education described above. (To calculate your combined amount, first determine the amount of your specialized experience as a percentage of the requirement listed in A above; then determine the amount of your graduate education in excess of one full year (18 semester hours) as a percentage of the requirement listed in B above; then add the two percentages. The total percentages must equal at least 100 percent to qualify.

Qualifications for the GS-0501-12:

Have one full year of specialized experience that is accounting or financial management . This must include activities such as: (1) applying accounting theories, practices, methods, techniques and procedures; (2) analyzing financial data and preparing financial reports; (3) resolving discrepancies in financial data and supporting the financial statement audit; (4) developing recommendations for improvements to accounting procedures to prevent waste, fraud, abuse and irregularities; (5) examining assigned accounts and preparing reconciliations, adjustments and/or analysis of the accounts. This experience must be comparable in scope and responsibility to the GS-11 grade level in the Federal service (obtained either in private or public sectors).

In addition, you must provide a cover letter describing your experience with the competencies identified below:

Technical Competence - Knowledge of established practices and procedures, methods, and instructions for processing a variety of financial transactions to determine if proper procedures were used.

Financial Analysis - Knowledge in maintaining the general funds ledger and accounting activities, and reviewing, analyzing, and evaluating trial balance and other financial statements to ensure conformance with established agency policies, applicable regulations and generally accepted governmental accounting practices.

Planning and Evaluating - Ability to organize work, sets priorities, provide support on financial statement audit and determines the effective use of resources for accomplishment of missions. Ability to work effectively under tight time frames in an independent fashion.

Oral Communication- Ability to interact and provide information to internal and external stakeholders in a collaborative, independent and timely fashion.

For more information on these qualification standards, please visit the United States Office of Personnel Management's website .

Part-time or unpaid experience: Credit will be given for appropriate unpaid and or part-time work. You must clearly identify the duties and responsibilities in each position held and the total number of hours per week.

Volunteer or unpaid experience: Refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student and social). Volunteer work helps build critical competencies, knowledge and skills that can provide valuable training and experience that translates directly to paid employment.You will receive credit for all qualifying experience, including volunteer experience.

If you are selected for the GS-09 or GS-11: Promotion to the full performance level is neither guaranteed nor implied and will be based solely on your ability to satisfactorily perform the work of the position, existing work at the higher grade level, and recommendation by the position's supervisor.

Education

Are you using your education to qualify? You must provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

Foreign education: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, click here . You must provide translated transcripts.

Additional information

FEC offers competitive salaries and an attractive benefits package, including: health, dental, vision, life, and long-term care insurance; retirement plan; Thrift Savings Plan [similar to a 401(k)]; Flexible Spending Account; Employee Assistance Program; personal leave days; and paid federal holidays. Other benefits may include: flexible work schedules; telework; or transportation subsidies.

If you receive a tentative offer of employment for this position, you will be required to complete an Optional Form 306, Declaration for Federal Employment, and to sign and certify the accuracy of all information in your application, prior to entry on duty. False statements on any part of the application may result in withdrawal of offer of employment, dismissal after beginning work, fine, or imprisonment.

If you are unable to apply online or need to fax a document you do not have in electronic form, view the following link for information regarding an Alternate Application .

Noncompetitive Appointment Authorities: The following links contain information on the eligibility requirements to be considered under a noncompetitive appointing authority:
Special Hiring Authorities for Veterans
Special Hiring Authority for Certain Military Spouses
Other Special Appointment Authorities

Additional selections may be made from this announcement.

How You Will Be Evaluated

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

Once the announcement closes, we will conduct a review of your application package to verify your eligibility and qualifications. If you are found qualified, your application will move forward to additional phases of the review process which will determine the best qualified candidates. Please follow all instructions carefully. Errors or omissions may affect your eligibility.

You will be evaluated on the following competencies:

  • Financial Analysis
  • Oral Communication
  • Planning and Evaluating
  • Technical Competence


For those applying under "the public":

Category Rating: Your application will be evaluated and rated under Category Rating selection procedures. Once the application process is complete, a review of your résumé and supporting documentation will be made and compared against your responses to the assessment questionnaire to determine if you are qualified for this position. If, after reviewing your résumé and supporting documentation, a determination is made that you have inflated your responses when compared to your background information, your category rating may be adjusted to more accurately reflect your skills and abilities, or you may be rated ineligible. Please follow all instructions carefully. Errors or omissions may affect your eligibility. Qualified candidates will be assigned to a quality category. The quality categories are:

Best Qualified: Candidates in this category possess exceptional skills and experience to exceed well above the minimum requirements for this position.

Highly Qualified: Candidates in this category possess good skills and experience above the minimum requirements for this position.

Qualified: Candidates in this category meet the minimum education and/or experience requirements for this position.

The Category Rating Process does not add veteran's preference points, but protects the rights of veterans by placing them ahead of non-preference eligibles within each category. Preference eligible who meet the minimum qualification requirements and who have a compensable service-connected disability of at least 10 percent must be listed in the highest quality category (except for scientific or professional positions at the GS-09 level or higher).

Background checks and security clearance

Security clearance
Not Required

Drug test required
No

Required Documents

To apply for this position, you must provide a complete Application Package which includes:
  • Your Resume listing hours worked per week, dates of employment (month/year) and duties performed for each position held.
  • Transcripts if qualifying based on education.
  • Cover Letter which addresses the competencies identified in the Qualifications section above. Please limit your cover letter to 2 pages.
  • Other supporting documents if applicable:
    • Veterans documents (if claiming preference, or applying under VEOA or 30% disabled veteran eligibility): DD-214 including character of service, or certification of expected discharge or release from active duty under honorable conditions within 120 days, and if applicable, SF-15 Form, VA letter, or other documentation required by that form.
    • All Veterans: DD-214 (Member 4 copy is preferred), which includes character of service, or for Active Duty Service Members a certification which includes service dates, type of separation, and character of service. A "certification" is a written document from the armed forces that certifies the service member is expected to be discharged or released from active duty service in the armed forces under honorable conditions not later than 120 days after the date the certification is submitted.
    • Disabled Veterans: VA Disability Letter (with percentage of disability) OR document of disability determination from a branch of the armed forces which reflects a compensable service-connected disability rating. Derived Preference: The spouse, widow/widower, or mother of a veteran may be eligible to claim veterans' preference when the veteran is unable to use it. To do so, you must submit an SF-15 and the documentation required by that form. Active Duty Service Members: The VOW Act Chapter 21 of Title 5, United States Code (U.S.C.), Section 2108a, requires Federal agencies treat active duty service member as veterans, disabled veterans, and preference eligible, when they submit, at the time they apply for a Federal job, a "certification" of active service in lieu of a DD214, assuming the service member is otherwise eligible. A "certification" letter should be on letterhead of the appropriate military branch of the service and contain (1) the military service dates including the expected discharge or release date; and (2) the character of service. The service member's military service dates are necessary in order to determine whether he or she meets the definition of "veteran" under 5 U.S.C. 2108(1). The "certification" must reflect the service member is expected to be discharged or released from active duty service in the armed forces under honorable conditions not later than 120 days after the date of submission. The "certification" must be signed by, or by direction of, the adjutant, personnel officer, or commander of your unit or higher headquarters and must indicate when your terminal leave will begin (if applicable), your rank, dates of active duty service, the type of discharge and character of service (i.e. honorable). Further, under paragraph (h) of the rule, agencies are required to verify a qualifying separation from military service prior to appointment, through the DD214 or other appropriate documentation. Your preference and/or appointment eligibility will be verified prior to appointment. Active duty members that fail to provide a valid "certification" of service with their initial application will be found "not eligible." Military members may be appointed before the effective date of their military retirement/separation if member is on terminal leave.
    • SF-50 Notification of Personnel Action (if applying as a current or former Federal Employee) showing you hold/held a career/career-conditional appointment and the highest grade or promotion potential held.
    • Certain Family Members of Overseas Employees Eligible under E.O. 12721: Your most recent non-award SF-50 and performance appraisal.
    • Certain Military Spouses Eligible under E.O. 13473: Permanent Change of Station (PCS) orders, issued within the last 2 years, that lists you as authorized to accompany the Military member to the new duty permanent station; OR verification of the member's 100% disability (VA Letter); and/or verification of the member's death while on active duty (DD-1300 and Death Certificate) AND verification of the marriage to the service member (i.e., a marriage license or other legal documentation verifying marriage).
    • Peace Corps volunteers and VISTA members: submit a copy of your description of service or other proof of non-competitive eligibility. If you are a former Peace Corps volunteer or VISTA member who is requesting an extension of your non-competitive eligibility, please also provide the necessary documentation to support your request.
    • Schedule A, Persons with Disabilities Appointment Eligibles: Schedule A letter from a physician, local, state or federal rehabilitation or benefits office citing disability - eligibility under 5 CFR 213.3102 (u).


    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.

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