Financial Specialist (Budget Formulation & Internal Controls)

District of Columbia, D.C
Feb 23, 2021
Feb 25, 2021
Full Time


This position is in the Office of Budget and Finance (OBF) and serves as the budget formulation, financial audit, and internal controls subject matter expert and advisor to the Deputy Chief Financial Officer (DCFO). The incumbent performs a variety of financial, accounting and auditing, and budget development and analysis functions to facilitate financial management improvements necessary to comply with legislation and related regulations.
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As a Financial Specialist you will:
  • Participate fully and authoritatively with the DCFO in planning and executing program development, implementation, and evaluation functions of the office related to all phases of budget development and financial management.
  • Oversee all aspects of the Commission's budget formulation process. Provide advice, assistance, and support to agency senior managers in the development of budget requests and related supporting documentation.
  • Lead the office's efforts in support of, but no limited to, the Office of Inspector General's (OIG) annual financial audit; development of the agency's Performance and Accountability Report (PAR); support to other OIG audits; Data Act reporting; improper payment reporting; and others.
  • Perform a wide range of agency-wide studies and projects associated with internal controls, program funding, financial management policies and practices, and initiatives for improving the economy and efficiency of agency budgetary and financial operations.
  • Prepare budget, accounting and financial reports on a regular and ad hoc basis to provide supervisory and management officials with appropriate data for achieving the most effective program and financial management objectives.
  • Prepare required budget schedules and agency estimates through review of budgetary data submitted by agency components in support of estimates and for compliance with rules, regulations, and procedures prescribed by OMB.

Travel Required

Not required

Supervisory status

Promotion Potential


Conditions of Employment

  • The experience may have been gained in the public sector, private sector, or Volunteer Service. One year of experience refers to full-time work; part-time work is considered on a prorated basis.
  • It is your responsibility to ensure your resume states complete information for each job entry. To ensure full credit for your work experience, please indicate dates of employment by month/year (MM/YYYY), and indicate number of hours worked per week, on your resume. If your resume does not provide enough information regarding your work history for us to make a creditable qualification determination, your application package may be rendered disqualified and you will no longer be considered for this position.
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You must meet the following requirements by the closing date of this announcement:

You must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-13 grade level in the Federal service. Specialized experience for this position includes:
  • assisting in the planning and executing of a financial management program;
  • overseeing the Federal process of the budget formulation;
  • overseeing the process of internal controls and financial audits;
  • participating in the development of agency fiscal plans; and
  • performing full range of Federal budget responsibilities including: preparing budget schedules and estimates, reviewing data for OMB compliance, and advising management and senior leaders on budgetary matters.


This position does not have an education requirement.

Additional information

  • We may select from this announcement or any other source to fill one or more vacancies.
  • We may fill like positions within 12 months of the close of the announcement.
  • Federal employees are required to adhere to the 14 Principles of Ethical Conduct .
  • This is a non-bargaining unit position.
  • A 1-year probationary period is required (unless already completed).
  • Must be a U.S. citizen.
  • Must be able to obtain and maintain a High Risk background investigation.
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
  • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9 . Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
  • May be required to file a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
  • May be required to attend Appropriation's Law and Anti-Deficiency Act training, if not previously completed, within 12 months of employment start.
In addition to the above requirements, Status Candidates must meet the following by the close of the announcement:
  • For the GS-14 grade level: You must have been at the GS-13 for 52 weeks (time-in-grade requirement).

How You Will Be Evaluated

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

Your application includes your resume, responses to the online questions, and required supporting documents. Please be sure that your resume includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resume will result in a "not qualified" determination.

Rating: Your application will be evaluated in the following areas. Subject matter expert(s) may evaluate your resume to determine your technical qualifications for this position based on the specialized experience (under the qualifications section) and the competencies listed below.
  • Budget Formulation
  • Program Administration
  • Strategic Thinking
  • Written Communication
  • Oral Communication
Referral: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. You may be required to participate in a selection interview. We will not reimburse costs related to the interview such as travel to and from the interview site.

If you are a displaced or surplus Federal employee (eligible for the Career Transition Assistance Plan (CTAP)/Interagency Career Transition Assistance Plan (ICTAP) ), you must score an 80 or better to receive special selection priority.

Background checks and security clearance

Security clearance
Not Required

Drug test required

Position sensitivity and risk
High Risk (HR)

Trust determination process

Required Documents

A complete application includes 1. A resume, 2. Vacancyquestion responses (eligibilities and occupational questionnaire), and 3.Submission of any required documents (below). 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 for which you may be eligible).

All applicants are required to submit a resume either by creating one in USAJOBS or uploading one of their own choosing. (Cover letters are optional.)

SF-50: Submit a copy of your 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.).
  • Indicate on your application the highest permanent grade you have held; if this grade is different from your current grade, submit an additional SF-50 showing this grade.
  • Award SF-50s will not be accepted.
Performance Appraisal: Submit a copy of your most recent, signed, completed annual performance appraisal which includes the final rating.
  • Initial and mid-year plans will not be accepted.
Non-Competitive Current/Former Federal employees: In addition to the SF-50 and Performance Appraisal identified above, submit a copy of your SF-50, Notification of Personnel Action, which reflects your grade level and promotion potential.

These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. If you are a displaced or surplus Federal employee, you must submit the following documents:
  • To receive selection priority for this position, you must: 1) meet CTAP or ICTAP eligibility criteria; 2) be rated well-qualified for the position based on the competencies listed above; and 3) submit the appropriate documentation to support your CTAP or ICTAP eligibility including:
    • Agency notice,
    • SF-50 that reflects current grade,
    • SF-50 that reflect full performance level of the position, and
    • Your performance appraisal which must reflect "full successful" or equivalent).
  • Displaced District of Columbia Government, Department of Corrections employees will be eligible for priority consideration and competitive appointment (Public Law 105-274). Eligible candidates are not restricted by geographic location or grade level in jobs for which they apply. Documentary evidence is the same as stated above.
  • If you are applying under the Veterans Employment Opportunities Act (VEOA) , you must submit a copy of your 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 the required documentation listed on the back of the SF-15 form.
If you are applying under a special hiring authority (such as: Schedule A persons with disabilities authority , Military Spouse authority ), submit a copy of proof of your eligibility.
  • Schedule A, Persons with Disabilities Appointment: Schedule A letter from a physician, local, state or federal rehabilitation office citing your eligibility under 5 CFR 213.3102 (u).
  • Certain Family Members 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, 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).

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