Job opening: Business Appraiser 12-Month Roster (Direct Hire)
Salary: $103 409 - 167 336 per year
Published at: Feb 07 2024
Employment Type: Full-time
Positions under this announcement are being filled using a Direct Hire Authority (DHA).
Click on "Learn more about this agency" button below to view Eligibilities being considered and other IMPORTANT information.
WHERE CAN I FIND OUT MORE ABOUT OTHER IRS CAREERS? Visit us on the web at www.jobs.irs.gov.
Duties
WHAT IS THE LARGE BUSINESS AND INTERNATIONAL DIVISION?
A description of the business units can be found at: https://www.jobs.irs.gov/about/who/business-divisions
Vacancies will be filled in the following specialty areas:
Large Business and International Director Eastern Compliance, Director of Field Operations, Engineering
The following are the duties of this position at the full working level. If this vacancy includes more than one grade and you are selected at a lower grade level, you will have the opportunity to learn to perform these duties and receive training to help you grow in this position.
Performs unique, often controversial and precedent setting appraisals of businesses and business interests where the appraisal will have significant tax impact, affect large segments of taxpayers, and with potential to effect legislative change. Provides expertise to government attorneys on cases with litigation potential. Serves as expert witness in U.S. Tax Court or U.S. District Court.
Performs appraisals and reviews appraisals prepared by recognized experts and authorities in the industry. Conducts conferences with taxpayers, representatives and experts to explain findings which are often vigorously contested. Prepares appraisal reports which represent the Service's position and documents conclusions with accurate facts and arguments for unagreed issues. Develops and utilizes sophisticated financial, analytical, and appraisal techniques appropriate to the particular type of business interest. Applies research, resourcefulness, and judgment in developing facts, valuation techniques, and tax law applicable to each assignment. Determinations often set precedent for future determinations throughout the industry.
Makes determinations of the fair market value of very large and complex corporate, partnership, fiduciary, and individual proprietorship business interests, and other types of financial and investment instruments. Makes determinations of the value of tangible and intangible assets acquired or sold in corporate buyouts, mergers, reorganizations, etc. Allocates the purchase price of large and complex business entities to the various assets acquired in accordance with relevant economic and valuation principles and tax law.
Makes determinations of reasonable compensation requirements for business executives using sophisticated analysis of industry data, surveys, and judgment. Reviews overall compensations packages including salary, stock options, retirement benefits, and other forms of remuneration. Makes determinations of marketability and minority discounts for property interests such as stock in closely held corporations, unregistered stocks and securities, limited and general partnership interests, and partial interest in business enterprises and real estate.
Qualifications
Federal experience is not required. The experience may have been gained in the public sector, private sector or Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/year, and indicate number of hours worked per week, on your resume.
You must meet the following requirements by the closing date of this announcement:
BASIC REQUIREMENT : IOR: EDUCATION: Undergraduate and Graduate Education: Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.
OR
Experience: Specialized Experience (for positions above GS-5): Experience such as performing financial analysis and evaluation work requiring a comprehensive knowledge of (1) corporate finance and any specialized fields of finance required such as public finance, securities, international finance, money and securities markets, investments, and banking, and (2) the financial and management structure, operations, and practices of corporate and other organizations.
In addition to meeting the basic requirement above, to qualify for this position you must also meet the qualification requirements listed below:
SPECIALIZED EXPERIENCE GS-13: You must have one (1) year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Specialized experience for this position includes: Direct experience that includes the appraisal of closely-held businesses or business interests as the primary and typical job duty. Regularly made determinations of value for intangible assets, and selects and supports control premiums, lack of control, and lack of marketability discounts.
For more information on qualifications please refer to OPM's Qualifications Standards.
Education
For positions with an education requirement, or if you are qualifying for this position by substituting education or training for experience, submit a copy of your transcripts or equivalent. An official transcript will be required if you are selected.
A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to
Department of Education Accreditation page.
FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program. It is your responsibility to provide such evidence when applying. Click
here for Foreign Education Credentialing instructions.
Contacts
- Address LBI - Director Eastern Compliance
1111 Constitution Ave NW
Washington, DC 20224
US
- Name: IRS Austin External
- Email: [email protected]