Systems Accountant
Job Location:
Washington, DC - USA
Yearly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
The Property Accounting and Reporting Division is responsible for the full range of property and financial management functions to identify all FAA assets. The division ensures that asset costs are correctly classified and the costs are timely capitalized. The Capitalization Policy and Performance Branch is responsible for the development interpretation dissemination and oversight of Property Plant and Equipment policy and all applicable Federal guidelines.
The Systems Accountant maintains FAA financial policies and procedures for capitalization under the minimal direction of the manager or other experienced professionals. Interprets Federal regulations and reconciles the impact on current FAA procedures and operations. Evaluates impacts of proposals or enactments of various PP&E policies from regulatory agencies to include the Office of Management and Budget (OMB) Federal Accounting Standard Advisory Board (FASAB) and the U.S. Treasury. Utilizes technical writing skills to amend and/or draft new requirements as needed and works with other AFM staff to develop dissemination strategies for implementation and compliance.
Applies experience and subject matter expert knowledge of accounting principles and applications to advise FAA Line of Business/Staff Offices (LOB/SO) on matters relating to capitalization and system developments including the National Project Capitalization Tool. Acts as a point of contact to provide advice and guidance on the application of property accounting policies and procedures to FAA programs and systems. Responds to inquiries for capitalization program support and performs capitalization quality assurance (QA) reviews in support of the agency requirements for the financial audit process. Prepares written responses to auditor inquires and development of Corrective Action Plans from financial statement audit. Interacts with LOB/SO and external audit stakeholders to include Department of Transportation (DOT) Treasury Department and independent contractor audit vendors to ensure compliance with PP&E policies throughout the audit process.
Serves as a subject matter expert to FAA LOB/SO on property capitalization policies and procedures. Communicates FAA property accounting policies and procedures internally to the FAAs LOB/SO and externally to the independent DOT-identified auditors. Prepares written documents to include memorandum that document business decisions operating instructions and manuals training material briefings financial manual updates and other related documents. Supports LOB/SO regional and headquarters personnel on capitalization requirements and policy interpretation.
Analyzes and determines cost allocation for FAA capital projects. Supports various aspects of FAA financial management including financial reporting and the annual financial audit. Prepares coordinates and executes the validation of capitalized assets at National Airspace locations in accordance with federal requirements to identify property as capitalized and/or reflected as an asset on the financial statements. Identifies communicates and tracks needed updates to DELPHI property records based on asset validation site accurate capitalization program resources including Property Plant and Equipment section of the FAA Financial Manual and the FAA Asset Library.
Established policies/procedures provide guidance for most assignments but the Accountant uses considerable discretion to select the most appropriate approach(es) and/or recommend approaches to address current problems and anticipated issues. The employee ensures the requirements of the projects and other work activities align with the organizational goals and policies. The work of this position is reviewed typically through status reports and at project completion.
- US Citizenship is required.
- Selective Service Registration is required for males born after 12/31/1959.
- Must submit an SF50 (See Required Documents).
- This position has a positive education requirement. Transcript(s) required.
IN ADDITION TO MEETING THE BASIC EDUCATIONAL REQUIREMENTS BELOW:
To qualify for this position you must demonstrate in your application that you possess at least one year of specialized experience equivalent to the FV-H FG/GS-12 level. This experience is typically related to the line of work of the position to be filled and which has equipped the applicant with the particular knowledge skills and abilities to successfully perform the duties of the position. To be creditable specialized experience must have been at least equivalent to the next lower level in the normal line of progression for the occupation in the organization.
SPECIALIZED EXPERIENCE STATEMENT:Experience applying accounting and financial management standards for property and financial management organizations.
You should include relevant examples of the specialized experience in your work history. Errors or omissions may impact your rating or may result in you not being considered.
Answer all questions to the best of your ability. DO NOT ASSUME THAT BECAUSE YOU HOLD OR HAVE HELD THIS POSITION YOU WILL AUTOMATICALLY BE FOUND ELIGIBLE. You may be asked to provide evidence or documentation that you have this type of experience later in the selection process. Your responses are subject to verification through job interviews or any other information obtained during the application process. Any exaggeration of your experience or any attempt to conceal information can result in disqualification.
*Applicants who fail to demonstrate possession of any of the above criteria AND who do not provide the required documentation will receive no further consideration for this position.*
Applicants may be asked to verify information on your application for employment with the FAA.
**All qualification requirements must be met by the closing date of this vacancy announcement.**
Eligible applicants meeting the minimum qualification requirements and/or selective placement factor(s) (SPF) may be further evaluated on the Knowledge Skills and Abilities (KSA) and/or Quality Ranking Factor (QRF) listed in the announcement. Based on this evaluation applicants will be placed in one of the following categories: (1) score order; (2) category grouping; (3) alphabetical; or (4) priority grouping and referred to the selecting official for selection consideration.
NATCA Multi-unitInterview Criteria: Article 42 Section 5 states: If the Agency decides to interview any qualified employee on the selection list then all on the list who are qualified must be interviewed. If the selection list is shortened to a best qualified list through a comparative process then the best qualified list shall be considered to be the selection list. If it is determined that interviews are required and telephone interviews are not utilized travel expenses incidental to these interviews will be paid in accordance with the Agencys travel regulations and this Agreement.
This position has a positive education requirement: Applicants must submit a copy of their college or university transcripts(s) and certificates by the closing date of announcement to verify qualifications. If selected an official transcript will be required prior to appointment. You may upload these documents with your application in USAJOBS or fax it to fax number provided in the announcement (please include announcement number on each page). A. 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 B. 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: If you are a current or former Federal employee and you currently hold or previously held a position classified in the 0510 occupational series you are not required to submit a college transcript provided you upload a copy of the SF-50 Notification of Personnel Action verifying your classification in the 0510 occupational series. Applicants who are not currently in the 0510 occupational series in the Federal Government and fail to provide a copy of an unofficial or official transcript will not receive further consideration for this vacancy. Upon selection if not currently employed in the 0510 occupational series you will be required to submit an official transcript prior to appointment. If you do not have an official transcript (original with the raised seal) you should contact your school immediately to request it. Make sure your resume includes detailed information to support your qualifications and answers to the job questionnaire.
Failure to do so will result in loss of consideration.
Schools must be accredited by an accrediting institution recognized by the U.S. Department of Education. Accreditation may be verified at the following website: education must be evaluated by a private professional organization specializing in interpretation of foreign education credentials or an accredited U.S. educational institution in terms of equivalence to a degree acquired at an American college or university. A copy of the evaluation results must be included otherwise your foreign education will not be considered.
Basic Requirements:
We may use this vacancy to fill other similar vacant positions.
Position may be subject to a background investigation.
A one-year probationary period may be required.
The person selected for this position may be required to file a financial disclosure statement within 30 days of entry on duty. FAA policy limits certain outside employment and financial investments in aviation-related companies. This position is covered by the FAA Core Compensation plan. Additional information about Core Compensation is available at: As a part of the Federal-Wide Hiring Reform Initiative (streamlining the hiring process) the FAA is committed to eliminating the use of Knowledge Skills and Ability (KSA) narratives from the initial application in the hiring process for all announcements. Therefore as an applicant you are NOT required to provide a narrative response in the text box listed below each KSA.
In lieu of providing a KSA narrative response in the text box listed below each KSA section in your work history please include information that provides specific examples of how you meet the response level or answer you chose for each KSA. Your work history examples should be specific and clearly reflect the highest level of ability. Your KSA answers will be evaluated further to validate whether the level that you selected is appropriate based on the work history and experience you provided. Your answers may be adjusted by a human resource specialist as appropriate.
3. This Level 5 (Moderate Risk; Public Trust) position requires favorable adjudication of a Minimum Background Investigation (MBI) background investigation prior to appointment unless a waiver is obtained.
Links to Important Information: Locality Pay COLA
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.
