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Job opening: Accountant (Staff)

Salary: $59 966 - 97 034 per year
Published at: Nov 26 2024
Employment Type: Full-time
This position is part of the U.S. International Development Finance Corporation (DFC), Office of Financial and Portfolio Management (OFPM). As an Accountant (Staff) you will be responsible for providing accounting and budget support, validating and ensuring that transactions in DFC's financial system are properly valued and recorded, and preparing required accounting and budget reports.

Duties

This position is in the Office of Finance and Portfolio Management (OFPM), Office of Budget and Resource Planning (Budget). OFPM is responsible for DFC's accounting and budgeting, receipts and disbursements of funds, asset management, management of accounting and financial information systems, finance and insurance program portfolio management and other financial management services. The Budget team is responsible for the full life cycle of DFC's budget resources: ranging from formulation request through OMB to Congress, appropriation, apportionment, execution, and reporting. The Budget team is a small, nimble team seeking to grow. Most members either telework or are remote. As an accountant, the duties will include: Reviews and monitors financial accounting information in accordance and compliance with the requirements of Generally Accepted Accounting Principles (GAAP), federal accounting standards, credit reform requirements, US Treasury and OMB regulations. Executes budgetary transactions, including apportionments, allotments, borrowings, and subsidy transfers. Prepares and analyzes "tie points" (budgetary & proprietary balances relationship) and proposes for corrections before Governmentwide Treasury Account Symbol (GTAS) submissions. Prepares and uploads (submits) adjusted trial balances (ATB) into the Treasury website; analyzes and clears GTAS errors, ready for review and certification. Analyzes and provides responses to auditors' "notices of findings and recommendations" (NFR), works with FM colleagues to establish "corrective action plans" (CAP) measures to remedy NFR, monitors those measures until CAP are completely resolved, and reports accomplishments regarding CAP. Please Note: This is a Bargaining unit position represented by AFGE, local 1534.

Requirements

  • Must be a U.S. Citizen or National
  • Males born after 12-31-59 must be registered for Selective Service
  • Must submit resume and supporting documents (See How To Apply)
  • Suitability for Federal employment, as determined by a background investigation
  • May be required to successfully complete a probationary period

Qualifications

Status candidates must meet time-in-grade requirements (52 weeks at the next lower grade level). Applicants must meet all eligibility and qualification requirements no later than the closing date of this announcement. TIME-IN-GRADE: Current career or career-conditional employees of the Federal government, or former career or career-conditional employees, who have a break in service of less than one year, are required to meet the time-in-grade restriction of one year of Federal experience at the next lower grade, with few exceptions outlined in 5 CFR 300.603(b). BASIC REQUIREMENT 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 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 In addition to the Basic Requirement listed above, you must meet the required specialized experience/education listed below.You may qualify at the GS-09 level, if you fulfill one of the following qualification requirements: A. One year of specialized experience equivalent to the GS-07 grade level in the Federal service in all of the following:1. Performing financial systems analysis in support of finance mission; 2. Applying knowledge of financial management principles as they relate to automated financial systems processing and operations; 3. Utilizing established accounting standards to compile, analyze, and summarize accounting data resulting from day-to-day accounting operations; 4. Maintaining the integrity of financial accounts; and 5. Preparing financial statements and/or reports in accordance with policies, procedures, and regulations. OR B. A master's or equivalent graduate degree in an accredited or pre-accredited college or university; or 2 full years of progressively higher level graduate education leading to such a degree; or possession of a LL.B. or J.D degree, if related. Graduate level education must demonstrate the competencies necessary to do the work of the position; OR C. A combination of education and experience as listed above. 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. This position is being advertised concurrently with vacancy announcement 25-OFPM-DE-12620047-MB using Delegated Examining (DE) procedures. If interested, refer to that announcement to determine if you meet DE requirements and can apply to that announcement. NOTE: You must apply separately to each announcement in order to be considered under both. This announcement may be used to fill similar positions, if additional vacancies occur.

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. Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.

PASS/FAIL COURSES:
If more than 10 percent of your undergraduate course work (credit hours) were taken on a pass/fail basis, your claim of superior academic achievement must be based upon class standing or membership in an honor society.

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 is education acquired outside of any State of the U.S., the District of Columbia, the Commonwealth of Puerto Rico, a Trust Territory of the Pacific Islands, or any territory or possession of the U.S. If you are using foreign education to meet qualification and/or eligibility requirements, you must submit a Certificate of Foreign Equivalency (a U.S. private organization's interpretation that such education has been deemed at least equivalent to conventional U.S. education programs or full credit has been given for the courses at a U.S. accredited college or university) with your application in order to receive credit for that education. (Foreign education transcripts will not be accepted). For more information regarding evaluation of foreign education for federal employment, please visit the U.S. Department of Education webpage on the Recognition of Foreign Qualifications. All transcripts must be in English or include an English translation.

Contacts

  • Address International Development Finance Corporation 1100 New York Ave. NW Washington, DC 20527 US
  • Name: Megan Beck
  • Email: [email protected]

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