Staff Accountant

Employer
US Government Other Agencies and Independent Organizations
Location
Washington, DC
Posted
Oct 27, 2021
Closes
Oct 29, 2021
Ref
168537118
Function
Accountant
Hours
Full Time
* Videos Videos * Duties Help Duties Summary The Office of Investment Advisers and Investment Companies (IA/IC) within the Division of Examinations is filling two positions for a Staff Accountant, SK-0510-12 or 13 in Washington, DC. Learn more about this agency Responsibilities The Division of Examinations conducts the SEC's National Exam Program. The Division's mission is to protect investors, ensure market integrity and support responsible capital formation through risk-focused strategies that: (1) improve compliance; (2) prevent fraud; (3) monitor risk; and (4) inform policy. The results of the Division's examinations are used by the SEC to inform rule-making initiatives, identify and monitor risks, improve industry practices and pursue misconduct. If selected, you will join a well-respected team that is responsible for supporting EXAMS' mission to conduct and coordinate the nationwide examination program for entities over which the Commission has regulatory authority As a Staff Accountant, you will: * Participate in and provide technical assistance and support to examination or inspection activities for investment advisers and investment companies; * Work as a member of a team with other staff members engaged in conducting examinations; respond to trends in the market; identify areas of the market that merit special attention; and develop new inspection/examination procedures and processes; * Provide technical advice and assistance in the areas of accounting principles and standards, evaluate internal control processes, perform complex and difficult assignments supporting the mission of the Division of Examinations; * Prepare reports, correspondence, memoranda and other documents summarizing reviews, research and analysis related to registered entities' compliance with the federal securities laws; and * Analyze complex internal control systems and processes, analyze the methods used for valuing and accounting for a portfolio of securities, reconstruct records and process flows, analyze cash-management systems, investigate new financial products, analyze performance calculations, and/or analyze risk. Travel Required Occasional travel - Travel averages 5 days a month. Supervisory status No Promotion Potential 14 * Job family (Series) 0510 Accounting Similar jobs * Accountants * Accountants And Auditors * Auditors * Auditors, Field * Auditors, Internal * Field Auditors * Requirements Help Requirements Conditions of Employment * You must be a US Citizen. * Application procedures are specific to this vacancy announcement. Please read all the instructions carefully. Failure to follow the instructions may result in you not being considered for this position. * Supplementary vacancies may be filled in addition to the number stated in this announcement. * This position has promotion potential to the SK-14 * PROBATIONARY PERIOD: This appointment may require completion of a one-year probationary period. * SECURITY CLEARANCE: Entrance on duty is contingent upon completion of a pre-employment security investigation. Favorable results on a Background Investigation may be a condition of employment or selection to another position. * DRUG TESTING: This position may be subjected to drug testing requirements. * PERMANENT CHANGE OF STATION (PCS): Moving/Relocation expenses are not authorized. * DIRECT DEPOSIT: All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing. * This position is in the collective bargaining unit. * Due to COVID-19, the SEC is currently in an optional telework posture. This position is eligible to request telework in accordance with the SEC 's telework policy. * Typical Examiner Travel: Examination staff routinely travel to the offices of registered entities to conduct on-site inspections of facilities, to meet with and interview entity personnel, and to examine certain business records. * All SEC employees (whether teleworking or working onsite) who are not approved for a reasonable accommodation must be fully vaccinated against COVID-19 by no later than Nov. 22, 2021. * For information about where to obtain a vaccine at no cost to you, please visit Vaccines.gov. Qualifications All qualification requirements must be met by the closing date of this announcement. Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (eg, Peace Corps, AmeriCorps) and other organizations (eg, 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. Qualifying education must have been obtained from an accredited college or university recognized by the US Department of Education. 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" 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: * Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law; * A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; OR * Completion of the requirements for a degree that included substantial course work in accounting or auditing, eg, 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, eg, 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. MINIMUM QUALIFICATION REQUIREMENT: In addition to meeting the basic requirement, applicants must also meet the minimum qualification requirement. SK-12: Applicant must have at least one year of specialized experience equivalent to the GS/SK-11 level. Specialized experience includesperforming at least two of the following functions: * Participating in examinations, investigations, audits or internal compliance reviews of securities-related financial institutions such as investment advisers, investment companies, broker-dealers, clearing agencies, national securities exchanges or transfer agents; * Assisting in the adoption, implementation, or testing of internal controls or internal risk management programs (such as enterprise or operational risk management); * Analyzing financial, operational, or securities industry data; * Assisting with the review of procedures, practices, or records related to the issuance, distribution, and/or trading of securities; * Engaging in securities trading, portfolio management, or investment management or performing investment analysis or management of securities; or * Applying public accounting and auditing standards such as Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). SK-13: Applicant must have at least one year of specialized experience equivalent to the GS/SK-12 level. Specialized experience includesperforming at least three of the following functions: * Performing examinations, investigations, audits, or internal compliance reviews of securities-related financial institutions such as investment advisers, investment companies, broker-dealers, clearing agencies, or transfer agents; * Developing and implementing tests of internal controls or internal risk management programs (such as enterprise or operational risk management); * Applying forensic accounting techniques and analyses to financial, operational, or securities industry data; * Performing reviews of procedures, practices, and records related to the issuance, distribution, and/or trading of securities; * Engaging in securities trading, portfolio management, or investment management or performing investment analysis or management of securities; or * Applying public accounting and auditing standards such as Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). Education 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 US education program; or full credit has been given for the courses at a US accredited college or university. For further information, visit: -visitus-forrecog.html

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