Staff Accountant (Reporting)

Employer
USAJobs
Location
Washington, D.C
Posted
Jun 08, 2021
Closes
Jun 12, 2021
Hours
Full Time
Duties

Summary

This is a position in Financial Management Division (FM) of the International Development Finance Corporation (DFC). The incumbent provides professional accounting and budget support, ensures that transactions in DFC's financial system are properly valued and recorded, and prepares required accounting and budget reports for submission to internal audience (e.g. CFO, management, IG, internal auditors & other departments) & external audience (e.g. the US Treasury, OMB, & the Congress).
Learn more about this agency

Responsibilities

As a Staff Accountant (Reporting), you will:
  • Review and monitor financial accounting information in accordance and compliance with the requirements of Generally Accepted Accounting Principles (GAAP), federal accounting standards, credit reform requirements, US Treasury and OMB regulations.
  • Analyze, reconcile, prepare, upload, clear errors, and certify GTAS trial balances into the Treasury website.
  • Analyze and provide responses to auditors' "notices of findings and recommendations" (NFR), work with FM colleagues to establish "corrective action plans" (CAP) measures to remedy NFR, monitor those measures until CAP are completely resolved, and report accomplishments regarding CAP.
  • Provide accounting expertise and support during annual financial statement audit and periodic internal control reviews.
  • Prepare annual subsidy re-estimates, associated non-expenditure transfer requests and requests for appropriation warrants, and interest due to and due from Treasury calculations as required under the Credit Reform Act of 1990.


Travel Required

Not required

Supervisory status
No

Promotion Potential
13

Requirements

Conditions of Employment

  • Must be a U.S. Citizen or National
  • Males born after 12-31-59 must be registered for Selective Service
  • Must submit resume and supporting documents (See How To Apply)
  • Suitability for Federal employment, as determined by a background investigation
  • May be required to successfully complete a probationary period


Qualifications

Applicants must meet all eligibility and qualification requirements no later than 30 days after the closing date of this announcement.

You may qualify at the GS-13 level, if you fulfill the following qualification requirements:

BASIC REQUIREMENT
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". 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.
-AND-

SPECIALIZED EXPERIENCE

One year of specialized experience equivalent to the GS-12 grade level in the Federal service that demonstrates your experience in all of the following:
  • Experience analyzing trial balances, extracting and reviewing relevant accounting and non-financial data from financial programs, determining accuracy of data, and summarizing information for use in reporting and by others within office, through written and/or oral communication.
  • Experience compiling complex data analysis, review and evaluation financial statements and general ledger data, perform comparative fluctuation analysis, and various reconciliations of underlying information, through verification and validations.
  • Experience providing technical and accounting expertise to assist teams in achieving the organizational goals, in assessment, design, and implementation of procedures, internal control processes, operating systems, etc.

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

    Education

    ARE YOU USING YOUR EDUCATION TO QUALIFY?
    You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or 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.

    PASS/FAIL COURSES: If more than 10 percent of your undergraduate course work (credit hours) were taken on a pass/fail basis, your claim of superior academic achievement must be based upon class standing or membership in an honor society.

    GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.

    FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show 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, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html

    Additional information

    Career Transition Assistance Programs: 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. To receive selection priority for this position, you must:
    1) meet CTAP or ICTAP eligibility criteria;
    2) be rated well-qualified for the position with a score of 85 or above; and
    3) submit the appropriate documentation to support your CTAP or ICTAP eligibility.
    For more information: http://www.opm.gov/rif/employee_guides/career_transition.asp) .

    If you are a veteran with preference eligibility and are claiming 5-points veterans' preference, you must submit a copy of your DD-214 or other proof of eligibility. If you are claiming 10-point veterans' preference, you must also submit an SF-15, "Application for 10-Point Veterans' Preference" plus the proof required by that form. For more information on veterans' preference visit: https://www.usajobs.gov/Veterans .

    Males born after 12-31-59 must be registered or exempt from Selective Service (see https://www.sss.gov/RegVer/wfRegistration.aspx ).
    Telework Suitability : The duties of this position are suitable for telework. The selectee may be allowed to telework with supervisor approval and if they meet the eligibility criterion in the 2010 Telework Act.

    Stipulations of Employment : Selection may require completion of a 1-year probationary period.

    Work Schedule : This position allows for a flexible work schedule.

    Miscellaneous: DFC uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit http://www.uscis.gov/e-verify .

    This position is being advertised concurrently with vacancy announcement 21-OFPM-ST-11129504-BN using Merit Promotion (MP) procedures. If interested, refer to that announcement to determine if you meet MP requirements and can apply to that announcement. NOTE: You must apply separately to each announcement in order to be considered under both.

    This vacancy announcement may be used to fill similar positions within 90 days.

    Recruitment and relocation incentives may be authorized for this position.

    How You Will Be Evaluated

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

    Once the announcement has closed, a review of your résumé and supporting documentation will be used to determine whether you meet the qualification requirements listed on this announcement. If you are minimally qualified, your résumé and supporting documentation will be compared against your responses to the assessment questionnaire to determine your level of experience. If, after reviewing your résumé and/or supporting documentation, a determination is made that you have inflated your qualifications and/or experience, you may lose consideration for this position. Please follow all instructions carefully when applying, errors or omissions may affect your eligibility.

    All qualified candidates will be assigned to a quality category. The category assignment is a measure of the degree in which your background matches the competencies required for this position. Your qualifications will be evaluated on the following competencies (knowledge, skills, abilities and other characteristics):

    • Analytical Thinking
    • Attention to Detail
    • Compliance
    • Financial and Non-Financial Data Analysis
    • Technical/Accounting
    • Written Communication


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

    Background checks and security clearance

    Security clearance
    Not Required

    Drug test required
    No

    Position sensitivity and risk
    Non-sensitive (NS)/Low Risk

    Trust determination process
    Suitability/Fitness

    Required Documents

    To apply for this position, you must submit a complete Application Package which includes:
    1. Your resume showing work schedule, hours worked per week, dates of employment and duties performed.
    2. Other supporting documents:
    • Cover Letter, optional
    • College Transcript(s), if qualifying based on education
    • Veterans' Preference documentation, if applicable (e.g., DD-214 Member Copy 4 showing type of discharge/character of service, SF-15 Form and related documentation, VA letter, etc.)
    • Career Transition Assistance Program/Interagency Career Transition Assistance Program documentation, if applicable (e.g., Certification of Expected Separation, Reduction-In-Force Separation Notice, or Notice of Proposed Removal; SF-50 that documents the RIF separation action; and most recent performance appraisal.)