Federal Financial Reporting Accountant
Job Location:
Washington, DC - USA
Yearly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
PLEASE NOTE: Based on the current hiring restrictions selectees may be subject to additional approvals prior to an offer being extended.
This position is located at Bureau of the Fiscal Service Agency Reporting and Analysis Divison. As a Federal Financial Reporting Accountant you will be formulating accounting policies and standards; establishing accounting and reporting requirements and systems and accounting procedures and controls.
The following are the duties of this position at the GS-12. You will have the opportunity to learn to perform these duties and will receive training to help you grow in this developmental position.
- Develop policies guidelines procedures and controls for central and agency accounting related issues.
- Prepare review and analyze financial statements for submission that are in compliance with governing regulations.
- Develop and maintain accounting controls to assure the accuracy and timeliness of financial records.
- Process and certify financial receipts and disbursements. This includes researching all applicable regulations to ensure payments are appropriate timely and accurate.
WHERE CAN I FIND OUT MORE ABOUT THE PATHWAYS PROGRAM For additional information regarding the Pathways Program please refer to the following website: of employment
- All selectees must sign a Pathways Participant Agreement.
- All newly appointed employees to the competitive (or excepted) service are subject to a probationary (or trial) period. During this time your performance conduct and suitability for continued employment will be evaluated. You will not automatically convert to permanent status at the end of the probationary (or trial) period. Your supervisor must affirmatively determine that continued employment is in the best interest of the Federal service. If no certification is made before the probationary (or trial) period ends your appointment will be terminated. You are encouraged to actively engage with your supervisor seek feedback and understand role expectations. Additional guidance and support will be provided during onboarding.
- Must successfully complete a 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.
- Obtain and use a Government-issued charge card for business-related travel.
- This position requires that the successful candidate undergo personnel vetting which includes a background investigation and enrollment upon onboarding into Continuous Vetting. Enrollment in Continuous Vetting will result in automated record checks being conducted throughout ones employment with Treasury. The successful candidate will also be enrolled into FBIs Rap Back service which will allow Treasury to receive notification from the FBI of criminal matters (e.g. arrests charges convictions) involving enrolled individuals in near real-time. For more information about individual rights Noncriminal Justice Applicants Privacy Rights - FBI FD-258 Privacy Act Statement - FBI and ().
Key Requirements:
You must meet the following requirements by the closing date of this announcement.
To be eligible for the Recent Graduates Program applicants must have within the previous 2 years* completed all educational requirements for a qualifying associates bachelors masters professional doctorate vocational or technical degree or certificate from a qualifying institution. For more information on education requirements go to Treasurys Pathways Program.
*Veterans who due to a military service obligation were precluded from applying to a Recent Graduates Program during any portion of the 2 year eligibility period may have their eligibility period extended so that they receive the full 2 years of eligibility. The remaining 2-year eligibility period will begin upon his or her release or discharge from active duty. The veterans eligibility period may not extend beyond 6 years from the date of completion of all requirements of an academic course of study.
For the GS-7
A. Education- In the Recent Graduates Program you may qualify based solely on education as follows: One full year of graduate level education (18 semester hours 27 quarter hours or equivalent) in an accredited college or university OR have a bachelors degree and meet one of the following requirements for superior academic achievement: A GPA of 3.0 or higher on a 4.0 scale for all completed undergraduate courses or those completed in the last 2 years of study or a GPA of 3.5 or higher on a 4.0 scale for all courses in the major field of study or those courses in the major completed in the last 2 years of study or rank in the upper one third of the class in the college university or major subdivision or membership in a national honor society recognized by the Association of College Honor Societies.
OR
B. Experience: For the GS-07 you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-05 grade level in the Federal service. Specialized experience for this position includes performing accounting support work involving financial systems accounting operations or financial reporting in accordance with established accounting principles policies and procedures.
OR
C. You may qualify by a combination of experience and education. To combine education and experience the total percentage of experience at the required grade level compared to the requirement as well as the percentage of completed education compared to the requirement must equal at least 100 percent.
For the GS-09
A. Education- In the Recent Graduates Program you may qualify based solely on education as follows: You may substitute education for specialized experience as follows: completed a masters or equivalent graduate degree or 2 full years of progressively higher level graduate education leading to such a degree or LL.B. or J.D. if related.
OR
B. Experience: For the GS-09 you must have one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-07 grade level in the Federal experience for this position includes:
- Experience conducting in depth analysis of accounting data contributing to audits and financial reviews; AND
- Using automated accounting systems to perform research and analytical work.
OR
C. You may qualify by a combination of experience and education. To combine education and experience the total percentage of experience at the required grade level compared to the requirement as well as the percentage of completed education compared to the requirement must equal at least 100 percent. Only graduate level education in excess of the first 18 semester hours (27 quarter hours) may be combined to be considered for qualifying education.
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 applicants 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 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 applicants education training and experience fully meet the specified requirements.
- Relocation expenses will not be paid.
- We may select from this announcement or any other source to fill one or more vacancies.
- This is a non-bargainingunit position.
- This position is a High Riskposition.
- Student loan repayment may be offered.
- We offer opportunities for telework.
- We offer opportunities for flexible work schedules.
- Challenging work opportunities for advancement competitive salaries bonuses and incentive awards.
- Eleven paid holidays 13 days of sick leave and 13 to 26 days of vacation time each year.
- Access to insurance programs that may be continued after you retire.
- A wide choice of health insurance plans coverage for pre-existing conditions and no waiting periods. We pay a substantial amount (up to 75%) of the health insurance premiums.
- A retirement program which includes employer-matching contributions.
Candidates should be committed to improving the efficiency of the Federal government passionate about the ideals of our American republic and committed to upholding the rule of law and the United States Constitution.
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
