Accountant

Employer
USAJobs
Location
District of Columbia, D.C
Posted
Feb 20, 2021
Closes
Feb 28, 2021
Function
Accountant
Hours
Full Time
Duties

Summary

This position is located in the Federal Accounting Standards Advisory Board (FASAB). The FASAB serves the public interest by improving federal financial reporting through issuing federal financial accounting standards and providing guidance after considering the needs of external and internal users of federal financial information. To learn more visit: FASAB

Learn more about this agency

Responsibilities

The FASAB is seeking an experienced professional to serve as a Senior Accountant, responsible for providing expert advice and technical support to the FASAB and the Accounting and Auditing Policy Committee (AAPC) in the establishment of financial accounting concepts, standards, and related implementation guidance for the federal government. This includes planning and conducting complex research and analysis on a wide range of accounting issues in support of proposals and decisions by the FASAB and the AAPC; and facilitating FASAB and AAPC deliberations through performance of the duties below:
  • Leads the formulation and development of guidance for accounting standards and concepts proposed by the FASAB and the AAPC.
  • Plans and conducts complex research, analysis and studies on accounting issues identified as projects before FASAB and the AAPC. Projects involve a wide range of issues, such as Leases, Land, Public Private Partnerships, Intangible Assets, Information Technology Arrangements, and Reporting Model; and varied accounting functions and activities.
  • Monitors and interprets existing and emerging accounting and financial reporting principles developments; and analyzes impact on current concepts, standards and practices.
  • Develops recommendations to resolve complex government financial reporting issues; and prepares research reports, position papers, and / or discussion memoranda in support of projects before the FASAB. Decisions of the FASAB have wide-spread impact and may influence operations government-wide.
  • Leads efforts of task forces, comprised of high level experts in their respective fields, convened to consider and/or develop recommendations to be presented to the Board. Analyzes comments received on formal proposals by the Board and recommends appropriate actions.
  • Participates in and/or facilitates discussions at public meetings of the FASAB and AAPC. As required, presents to the FASAB in public hearings and maintains appropriate public records regarding Board activities.
  • Performs other duties as assigned.


Travel Required

Not required

Supervisory status
No

Promotion Potential
NA

Requirements

Conditions of Employment

  • U.S. Citizenship is required.
  • Registered for Selective Service, if applicable.
  • Completion of a probationary period is required.
  • Must be able to meet/maintain suitability & security requirements.
  • Completion of a financial disclosure statement is required.


Candidates must possess both the education and specialized experience as described to be determined basically qualified for this position.

Requirements must be met before the closing date of the announcement.

Qualifications

In addition to meeting the educational requirements, you must have 1 year of specialized experience at the next lower band or level equivalent to the GS-13 in the federal service or comparable private sector experience, which has equipped you with the skills and knowledge to successfully perform the duties of the position. Specialized experience for this position is defined as experience evaluating, analyzing, and improving complex accounting and financial reporting issues/practices through the development of authoritative recommendations; thorough knowledge of federal accounting concepts, standards, and practices, including applicable laws, regulations, and precedents; and skill in planning, designing and conducting comprehensive federal accounting / financial management projects.

SELECTIVE PLACEMENT FACTOR: In addition to the minimum qualifications described above, you must meet the following requirement(s) to be considered qualified for this position:

Extensive knowledge of and experience in applying, auditing, or evaluating federal financial accounting standards and concepts promulgated by the Federal Accounting Standards Advisory Board (FASAB).

Education

This position has a positive education requirement.

Basic Requirements

Degree: accounting; or a degree in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law. (The term "accounting" means "accounting and/or auditing" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.")

OR

Combination of education and experience: at least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:

1. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;

2. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or

3. Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.

Additional information

This is a bargaining unit position.

Based on the staffing needs, additional selections may be made through this vacancy announcement.

Selectee will be required to file a Financial Disclosure Statement. (if applicable)

Travel and relocation expenses will not be paid for by the GAO.

Males born after 12/31/59 and at least 18 years of age must be registered with the Selective Service System. Visit SSS .

Selectees will be required to complete questions contained on the Declaration for Federal Employment (OF-306) at the time a tentative job offer is made. At the time of appointment, selectees will be required to update the OF-306.

Selectees will be subject to a determination of suitability for Federal employment.

GAO provides reasonable accommodations to applicants and employees with disabilities. To request accommodation, please email ReasonableAccommodation@gao.gov.

GAO's policy is to provide equal employment opportunity for all regardless of race, religion, color, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, or gender identity.

GAO is part of the Legislative Branch of the Federal government. As such, all positions are in the excepted service. Initial appointments, permanent or indefinite, to the GAO require completion of a probationary period.

How You Will Be Evaluated

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

If you meet the qualification requirements stated, you will be further rated based on your responses to the assessment questions and placed in one of three categories: Best Qualified, Well Qualified, or Qualified. Within these categories, applicants eligible for veteran's preference will receive selection priority over non-veterans.

Please make sure that your responses to the assessment questions are supported in your resume and follow all instructions carefully. If you provide incomplete answers, fail to provide a narrative response to any assessment question(s) that requires further explanation, or if your response to an assessment question is "see resume", your rating may be affected or you may be determined ineligible.

All applicants will be rated based on their responses to the assessment questions, in conjunction with the following Knowledge, Skills and Abilities (KSA's):
  • Expert knowledge of accounting concepts, and practices, including federal reporting requirements set forth by the Department of Treasury, the Office of Management and Budget, and specific requirements established by legislation.
  • Knowledge of and experience in applying principles and practices of project management and policy development.
  • Comprehensive knowledge of the laws, policies, regulations, and precedents applicable to the federal government regarding accounting, auditing and financial management, including principles and standards promulgated by accounting standards boards, such as the FASAB, American Institute of Certified Public Accountants (AICPA), professional accounting organizations, and the Comptroller General.
  • Skill in the planning and conduct of comprehensive research and analysis and recommending solutions to especially broad, important, and complex accounting and reporting issues.
  • Skill in efficiently and effectively communicating complex technical information, both orally and in writing, to a wide variety of technical and non-technical audiences.

To preview questions please click here .

Background checks and security clearance

Security clearance
Other

Drug test required
No

Required Documents

You must provide a complete application package which includes:

- Resume: Must be created using the USAJOBS resume builder and show relevant work experience.

- SF-50: Current and former federal employees eligible for reinstatement must submit a copy of your most recent Notification of Personnel Action (SF-50) that indicates Federal status, grade, tenure and type of service.

- Transcripts: If you are using your education to qualify (even partially), you must submit a copy of your transcripts. Transcripts do not need to be official, but if you are selected for this position and you used your education to qualify, you will be required to provide official transcripts. Foreign Education: If you are submitting a transcript from a non-US educational institution, applicants must submit all necessary documents to a private U.S. organization that specializes in interpretation of foreign educational credentials, commonly called a credential evaluation service.

- Veterans: VEOA, VRA, and 30% Disabled Veterans must submit adequate proof of active service in the Armed Forces including Member 4 copy of your DD-214, which indicates character of service. To claim 10-point veterans' preference, you must also submit an SF-15 and a letter from the Department of Veterans Affairs verifying the percentage of your disability and preference in hiring. To claim 5-Point veterans' preference, you must submit a Member 4 copy of the DD - 214 or if you are currently active duty: an official statement of service from your command.

If you fail to submit any of the documentation listed above your application will be considered incomplete, and will result in loss of consideration.

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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