Comptroller

Employer
Library of Congress
Location
Washington, DC
Posted
Sep 25, 2021
Closes
Sep 28, 2021
Ref
112920570
Function
Accountant, IT
Hours
Full Time
Summary This position is located in the Financial Services Directorate, Office of the Chief Operating Officer. The position description number for this position is 414952. This position has no promotion potential. The salary range indicated reflects the locality pay adjustments for the Washington, DC, Metropolitan area. The incumbent of this position maywork a flextimework schedule. This is a supervisory, non-bargaining unit position. Responsibilities This position is not eligible for permanent remote telework. Exercises overall responsibility, as well as delegated authority, for the oversight and direction of accounting operations, including accounts payable and the travel and purchase card programs; financial reports, including external financial reporting, financial statements, financial audit issue resolution oversight, accounts receivable, and interagency agreements; and disbursing, including disbursements and collections. Provides supervision for the Accounting Operations and Financial Reports division chiefs as well as the Disbursing Officer. As determined by the CFO, may also provide supervision for the Financial Systems division chief and oversight of the Legislative Branch Financial Management System (LBFMS) and Financial Reporting System. Identifies and implements changes in practices to improve financial management and oversees implementation of recommendations for streamlining, automating, and improving accounting, financial reporting, auditing and disbursing, as well as financial system operations Establishes, evaluates and revises work processes to ensure organizational requirements and objectives are continually being met through a quality and customer service focus. Conceptualizes, develops and oversees management analyses leading to agency-wide enhanced financial management efficiency and effectiveness. Ensures agency-wide fiscal internal controls are tested and validated. Provides expert and authoritative guidance on accounting and financial reporting procedures within the Library in accordance with GAO, Office of Management and Budget and Department of Treasury regulations and guidelines adopted by the Library of Congress. Oversees the planning and preparation of all external financial reporting for the Library, in addition to the preparation and issuance of the Library's annual audited financial statements, fiduciary financial statements, other congressionally mandated financial statements, and the annual Trust Fund Board Report. Works with auditors to ensure that the Library's financial condition and results are reflected accurately in the financial statements and accompanying narratives. Resolution of audit findings may require cross-Service Unit involvement for timely and accurate resolution. Oversees development and implementation of monthly financial statement processes to ensure timeliness and accuracy in financial information. Develops transparent, simplified accounting models for general ledger reporting on investment activities. Certifies proper reconciliation between custodial bank statements and the appropriate general ledger accounts as well as developing accounting procedures for reconciliation with bank statements. Oversees the Library's accounting for and reporting on investment activities, ensuring that the Library properly records investment activity in compliance with Generally Accepted Accounting Principles (GAAP) and Department of the Treasury regulations. Oversees the Library's indirect cost program, including the methodology used to assess/charge indirect costs to the Library's programs and fee-based services and the process used to perform calculations and apply rates. Responsibility includes the regular analysis of cost accounting methodologies for financial statements and overhead rates. Chairs the Library's Indirect Cost Committee. Performs the administrative and human resource management functions related to the staff supervised. Establishes guidelines and performance expectations for staff, which are clearly communicated through the formal employee performance management system. Observes workers' performance; demonstrates and completes work performance critiques. Provides informal feedback and periodically evaluates employee performance. Resolves informal complaints and grievances. Prepares work improvement plans, recommending personnel actions as needed. Provides advice and counsel to workers related to work and administrative matters. As a principal advisor to the CFO, provides advice and recommendations on a broad range of financial, internal control, investment and other related issues. Advises FSD and other Library officials on financial management as needed. Establishes and maintains effective working relationships with various high-level individuals, including Library officials and service unit heads, as well as division chiefs, managers and staff. Establishes and maintains cooperative working relationships with managers and senior officials of other federal and private sector organizations with related interests on matters related to the Library's accounting and financial reporting functions. Requirements Conditions of Employment See requirements listed below under Qualifications Required. Your resume is important to this application process. It will be reviewed to determine whether you possess the qualifications referenced above. All applicants are required to submit a resume that provides specific information (to include accomplishments, work experience and education/training) that clearly describes what you would bring to the position. The Supervisor leads his/her staff toward meeting the Library's vision, mission, and goals by acting decisively, leveraging diversity and inclusiveness, demonstrating flexibility and resilience, fostering continuous improvement and innovation, and fostering integrity and honesty. To view the Library's Supervisory Core Competencies click the following link: \_supervisor\_core\_competencies.pdf. Qualifications The competencies below are required for this position. Those marked with a double asterisk (**) are considered the most critical competencies for this position.A candidate's resume must show a proven record of accomplishment that clearly demonstrates he or she has: Ability to manage and lead a diverse workforce.** The successful candidate has the ability to lead people toward meeting the organization's vision, mission, and goals, and to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. Ability to lead and manage the accounting operations of an agency or sub-agency/bureau.**The successful candidate provided leadership, policy direction, technical expertise, guidance and review for all accounting, financial management, disbursing, reporting, audit and internal control programs and operations. This included: 1) providing direction, advice and recommendations on a broad range of financial, internal control, and financial systems issues, 2) responsible for sound business management and effective fiscal planning and control, 3) ensuring sound fiscal audits, fiduciary audits, and as applicable, audits for other legislative branch agencies, 4) providing analytical, technical, managerial and advisory function related to financial services, 5) expert knowledge of financial systems, particularly with regard to accounting, internal control, and financial reporting. Knowledge of internal controls and financial reporting.** The successful candidate directed, tested and led agency-wide internal controls for financial reporting and accounting. Ensured that documented adequate and appropriate controls exist over the operations within the office and that the controls are tested in conformance with GAAP, and are effective and cost efficient. This includes: 1) facilitating and coordinating ongoing reviews of financial reporting controls, 2) correcting weaknesses, reportable conditions and providing advisory assistance in the official review process, 3) planning and coordinating annual risk assessment activities, 4) short and long-term risk response plan development, 5) reporting risk management results to senior leadership, 6) supporting others in the identification, assessment and mitigation through clear guidance and training, 7) overseeing response to fiscal audit recommendations, and 8) coordinating with staff on integrated internal control and risk management processes. Knowledge of automated accounting systems and operations.** The successful candidate administered, integrated, enhanced, evaluated, and/or maintained automated accounting systems. Ability to interpret and translate complex financial, accounting information into useful knowledge.** The successful candidate reviewed and analyzed financial data to identify issues, discrepancies, patterns and root causes that lead to the resolution of complex financial issues. Ability to manage concurrent multiple financial and system audits. The successful candidate evaluated the organization, operations, and political climate of a federal agency and conduct risk assessments to identify vulnerabilities or threats to an agency's system of internal controls, including testing and independent reviews of agency-wide financial operations. Knowledge of US Generally Accepted Accounting Principles (GAAP), Federal Accounting Standards Advisory Board (FASAB), US Standard General Ledger (USSGL), and other accounting industry regulations. The successful candidate has expert knowledge of the theories, concepts, processes, techniques, principles and/or practices of finance/accounting in the Federal sector in order to perform financial accounting and reporting functions. Knowledge of the Federal budget process and financial management practices and procedures including planning, formulation, justification and execution. The successful candidate has planned, prepared, justified, and executed budgets for an organization. This included the following activities: 1) participating in agency financial planning activities; 2) participating in forecasting both near and long term budget requirements for ongoing and future operations; 3) reviewing internal agency budget proposals for new initiatives;4) evaluating annual acquisition plans (including IT); 5) monitoring the execution of obligations and expenditures for all budget lines; 6)reviewing monthly and quarterly status of funds reports identifying and articulating areas of interest from an accounting perspective; and 7) developing and reviewing spending plans and hiring plans from an accounting perspective. Ability to serve as a liaison, build coalitions and interact collaboratively with others. The successful candidate has the ability to represent, present, negotiate, defend, explain, advocate and express facts and ideas in a convincing manner in order to negotiate with individuals and groups in a manner that influences them to support a program and achieve results; and develop and maintain coalitions with other organizations. This includes the ability to lead and effect change in carrying out the organizational mission that integrates key goals, priorities, values, etc.; championing ideas that promote the mission with enthusiasm, conviction, and assertiveness; gaining support and commitment from others; motivating and inspiring others to improve work efficiencies, productivity, and customer service. Ability to communicate effectively other than in writing. The successful candidate has the ability to speak articulately, clearly, politely, and under control to others to both provide and seek information. This also includes targeting the amount, style and content of the information to the needs of the receiver, actively listening to and understanding information; and listening to and answering questions thoughtfully and completely. Education Additional Information All initial appointments, permanent or indefinite, to the Library of Congress require completion of a one-year probationary period. In addition, all newly appointed Senior Level executives, from outside the Library as well as from within, must serve a one year probationary period in accordance with the Library of Congress Regulations (LCRs) 2017.2-1, Senior Level Executive System.The Library of Congress is an equal opportunity employer. All who meet the eligibility requirements are encouraged to apply.Applicants must submit a complete application package that is received by the closing date of this announcement. This agency provides reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please email ADA@loc.gov. The decision on granting reasonable accommodation will be determined on a case-by-case basis. Applicants with disabilities may be considered under special hiring procedures and must submit an appropriate certificate of eligibility when applying for this position.The proof or disability/certification may be issued by the State Vocational Rehabilitation Office, Disability Services or Career Services office of the applicant's college or university, or the Department of Veterans Affairs. The lettermust verify that the applicant has a severe disability and must be dated within three years of the date of the application.Certification from health care providers are not accepted.For more information contact the Library's Office of EEO/Diversity Programs at 202-707-6024 or email spp@loc.gov. FAILURE TO SUBMIT YOUR CERTIFICATION WILL CAUSE YOUR APPLICATION TO NOT BE CONSIDERED UNDER THE SELECTIVE PLACEMENT PROGRAM. The Library of Congress is the national library of the United States and is part of the Legislative Branch of the Federal government. As such, all positions are in the excepted service. Appointment/retention is subject to a favorable evaluation of an appropriate personnel security/suitability investigation. The Library of Congress may offer repayment for all or part of federally insured student loans. However, not all service unitswithin the Library of Congress participates in the repayment of federally insured student loans. Therefore, determination to repay a federally insured student loan is subject to approval by the appropriate service unit. The selected applicant will be required to file a financial disclosure statement with the House of Representatives, US Congress, in accordance with the provisions of Public Law 95-521, the Ethics in Government Act of 1978.Are you a veteran? Please indicate the type of veterans' preference you are claiming in your application materials and/or applicant profile and provide the appropriate supporting documentation to validate your claim. Those applying for 5-point preference must submit Member Copy 4 of your DD 214. Those applying for 10-point preference must fill out an SF-15 (click here for the form) and provide the required documentation listed on the back of the form. If required supporting documentation is not attached, Veterans' Preference will not be considered in the application process.For more information regarding eligibility requirements, please see the Library of Congress Merit Selection Plan, Section XD, at:

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