Job opening: Lead Accountant
Salary: $139 395 - 181 216 per year
Published at: Jan 15 2024
Employment Type: Full-time
This position is located in the Executive Office of the President (EOP), Office of Administration (OA), Office of the Chief Financial Officer. The incumbent serves as a mentor to junior accountant(s), analysts, and interns, and advises and assists contractors. The incumbent serves as the reporting liaison between the accountants and division managers. The incumbent serves as the lead accountant on functions.
Duties
As a Lead Accountant, GS-0510-14, your typical work assignments may include the following:
Serves as a Team Lead, responsible for maintaining the flow and quality of work to assure timely accomplishment of the assigned work load.
Develops and implements accounting policies and procedures in accordance with guidance set forth in OMB and Treasury directives.
Applies checks and balances to transactions and procedures to ensure data integrity, regulatory compliance, and appropriate management controls.
Implements processes to execute the timely and proper coding, and posting of complex, less frequent accounting transactions, including journal entries, into the EOP financial management system.
Analyzes complex transactions in the automated accounting systems, and develops and implements revised transactions as requirements and standards change.
Evaluates context, accuracy and timeliness of the General Ledger and subsidiary ledger accounts.
Reconciles General Ledger accounts and subsidiary ledger accounts, and makes adjusting entries, as needed.
Ensures General Ledger is maintained in accordance with the US Standard General Ledger accounting and financial management standards covering financial operations.
Prepares a variety of complex financial reports requiring a high degree of accounting expertise and knowledge of the EOP, and its operations to include: Balance Sheet, Statement of Net Costs, Statement of Changes in Net Position, Statement of Budgetary Resources, Reconciliation of Net Costs and Budgetary Resources and Footnotes in accordance with OMB Circular A-136.
Prepares and implements recommendations for the preparation of internal and external budget and financial reports related to funds control, and to appropriations limitations and prohibitions.
Reconciles the Fund Balance with Treasury general ledger accounts and the monthly statements from the Department of Treasury, for complex transactions to include Trust Fund, Special, and Transfer Authority accounts, identifying and resolving discrepancies.
Requirements
- Must be a U.S. citizen or national
- Selective Service registration is required if you are a male born after December 31, 1959.
- Subject to pre-employment and random drug tests.
- Must participate in the direct deposit pay program.
- New employees to the Executive Office of the President will be required to successfully pass the E-Verify employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit www.dhs.gov/E-Verify/.
- May be required to successfully complete a one year probationary period.
- You will be required to obtain and maintain an interim and/or final security clearance prior to entrance on duty. Failure to obtain and maintain the required level of clearance may result in the withdrawal of a job offer or removal.
- Must be determined suitable for federal employment.
- Status candidates must meet time-in-grade requirements (52 weeks at the next lower grade level).
- Only experience and education obtained by the closing date of this announcement will be considered.
- The agency requires 30 days on site before being eligible to participate in the telework program.
Qualifications
MINIMUM QUALIFICATIONS REQUIREMENTS: All applicants must meet the qualification requirements outlined below to be considered minimally qualified for this position. The qualification requirements are in accordance with the Office of Personnel Management Qualification Standards.
ALL QUALIFICATIONS MUST BE MET BY THE CLOSING DATE OF THIS ANNOUNCEMENT.
BASIC REQUIREMENTS: Applicants must meet one of the following criteria listed below in order to meet the basic requirement for Lead Accountant, 0510.
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 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, 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-
TIME-IN-GRADE REQUIREMENTS: Applicants possess one full year (52 weeks) of specialized experience at or equivalent to the next lower grade level or pay band in Federal service or equivalent experience in the private or public sector.
SPECIALIZED EXPERIENCE: Applicants must have a minimum of one year of specialized experience at a level of difficulty and responsibility comparable to the next lower grade or comparable pay band in the Federal service or equivalent experience in the private sector.
You may qualify at the GS-14 level, if you meet the following minimum qualification requirement:One year of specialized experience equivalent to the GS-13 grade level in the Federal service or equivalent experience in the private sector that demonstrates the following: 1) Familiarity of generally accepted accounting principles, auditing standards, accounting theories, practices, methods, and techniques. 2) Utilizing accounting systems to create financial reports for analysis and 3) Interpreting Generally Accepted Accounting Principles (GAAP), Federal accounting concepts and standards, and federal financial management and reporting, and is capable of applying relevant principles and standards.
Experience refers to paid and unpaid experience, including volunteer work done through National Service program (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
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 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, 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.
Contacts
- Address Office of Administration
725 17th Street
Washington, DC 20503
US
- Name: Client Services EOP - OA
- Email: [email protected]
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