The employee will serve as the Principal Accountant (Innovation) and will play a crucial part in leveraging advanced technologies to enhance efficiency, accuracy, and strategic decision-making within OBFM and across the agency in support of our customers and their mission.

Duties

Position Overview The employee serves as the senior advisor to the Chief Financial Officer (CFO) responsible for providing opinions and analyses on complex accounting, reporting, and/or Internal Control over Financial Reporting (ICFR) issues, and for developing, interpreting, and implementing accounting policies and procedures that apply to the FHFA. The senior advisor, in coordination with the CFO, represents the agency in responding to and incorporating emerging guidance from GAO, FASAB, OMB the U.S. Treasury and other legislative changes on matters that impact FHFA financial accounting and reporting. The incumbent will also lead process improvement and integration of technological innovations into agency accounting and financial management processes. Major Duties & Responsibilities The Principal Accountant (Innovation) duties listed below are at the EL-15 grade level. Depending on the grade level selected, the incumbent will perform the following duties with varying levels of supervision and difficulty: Coordinate the development and/or finalization of financial reports for an agency or organization. Advise leadership on complex issues related to government accounting standards or processes. Apply new or modified regulations or guidelines to an agency's accounting and financial management systems. Apply accounting standards and practices, such as Generally Accepted Accounting Procedures to an organization's financial management and reporting. Coordinate responses to internal or external financial audits of an organization. Lead an agency's response to audit findings, including developing responses and implementing corrective actions. Work on developing and strengthening internal control mechanisms to address potential deficiencies. Review and compile accountability or other public facing reports. Identify potential improvements or automation opportunities for an agency's financial and accounting systems. Support the implementation of modifications or updates to an agency's financial and accounting system. Participate in efforts to implement a low or no code application or solution for improving financial management processes or reporting. Assess financial systems to identify areas for potential improvement. Recognize and suggest technology solutions or enhancements for budget and finance systems. Assess the potential for new technologies (such as no/low code applications, artificial intelligence or machine learning) to enhance or improve financial practices. Participate in the implementation and rollout of new or innovative practices or systems for financial management. Maintain and support the continuous improvement of agency processes or procedures related to financial management or reporting. Performs other duties as assigned.

Requirements

• Status Candidates (Merit Promotion and VEOA Eligibles) and those eligible for other hiring authorities.
• SF 50's are required with the exception of current FHFA employees. Please include one showing your tenure and competitive status. You must provide an SF-50 that indicates your competitive eligibility. You will not be considered without this.
• Males born after 12-31-59 must be registered for Selective Service
• May be required to successfully complete a probationary period
• Only experience and education obtained by the closing date of this announcement will be considered.
• Status candidates must meet time-in-grade requirements (52 weeks at the next lower grade level).
• Suitable for Federal employment, as determined by background investigation
• Resume and supporting documents (See How To Apply)
• FHFA participates in e-Verify. All New hires must complete the I-9 Employment Verification form either on or before their first day of employment. If a discrepancy arises, you must take affirmative steps to resolve the matter.
• This position is eligible for inclusion in the bargaining unit. The union that represents employees in this position is the National Treasury Employees Union (NTEU) Local 343.
• This is NOT a remote position; you MUST live within or be willing to relocate within a commutable distance of the duty location.
• If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, Non-career SES or Presidential Appointee employee in the Executive Branch, you must disclose this information to the Human Resources Office.
• This position may be required to complete a financial disclosure report.

Qualifications

You may qualify for your desired series and grade level if you meet the following qualification requirements: BASIC REQUIREMENTS: Basic Requirement for the Accounting Series (510): 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; or 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. In addition to meeting the above basic education or education and experience requirements, applicants must also meet the following minimum qualifications for their desired grade level: MINIMUM QUALIFICATIONS: Minimum Qualification EL-15: Applicants must have 52 weeks (one-year) of specialized experience equivalent to the next lower grade level as described below. Experience: I qualify for the EL/GS-15 because I have at least 52 weeks of specialized experience at the EL/GS-14 or equivalent demonstrating work experience with the statements described below. Examples of specialized experience include: Developing and implementing innovative solutions to enhance, modernize, or streamline an organization's accounting or financial management processes. Reviewing submissions and finalizing data and other materials for public facing financial or audit reporting. Developing data visualizations or other novel data analyses for complex financial and budget information. Managing the response and review of both internal and external audits for an agency, including managing audit response or other internal controls. **Failure to provide your transcripts, when required, for any of the options above will remove you from the hiring process** Time-In-Grade: Current or former Federal government employees who have held an EL/GS position in the preceding 52 weeks, must meet the time-in-grade requirement. To be eligible for the EL-15 position, applicants must have served 52 weeks as an EL/GS-14 or higher in the Federal Service. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (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

ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.

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 U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html

Contacts

• Address
• Name: Ryan Stanger
• Phone: 000-000-0000
• Email: [email protected]