Summary
The incumbent serves as an Accountant responsible for ensuring specific modal administrations receive professional accounting and financial reporting services. Accounting operations are maintained and monitored in accordance with current accounting policies and standards prescribed by government regulations.
Duties
Incumbent utilizes knowledge of Federal Accounting Standards Advisory Board (FASAB). Treasury Financial Management (TFM), and OMB Circulars A-136 and A-I I in performing position duties. Performs multiple and varying assignments under the limited direction of a manager, project/program manager, team leader, or more experienced professional. Acts as an individual contributor and/or member of a team and may perform some leadership functions for small projects/programs or other work activities. Applies experience and advanced knowledge to plan and conduct functional activities for projects and programs. Develops and recommends approaches to address current and anticipated problems and issues. Analyzes and reconciles transactional data within the financial accounting system and external source systems to ensure proper accounting now and financial reporting. May prepare monthly, quarterly, and annual financial reports on a national level, which arc submitted directly to DOT OMB, and OFM. Resolves problems relating to all aspects of accounting by adhering to Generally Accepted Accounting Principles (GAAP) and other guidance received from Treasury, OMB, and OFM. May analyze and reconcile general ledger accounts for accurate reporting involving the resolution of problems relating to all aspects of accounting; i.e., based on the Generally Accepted Accounting Principles (GAAP) and guidance received from Treasury, OMB, and OFM. Must interpret regulations and adapt regulations to meet reporting requirements and the various system limitations. Provides explanation to management, team lead and others reviewing the statements concerning the complex data contained in the reports. Demonstrates considerable independence in planning time and helping a manager, project/program manager, and/or team leader to plan and use assigned resources to accomplish projects/programs/activities. May identify and request additional resources, as needed. Identifies, analyzes, and proposes solutions to accounting problems or new requirements, which occur in the ongoing processing of data to the accounting system. Helps provide requirements for processing complicated financial transactions, which relate to all aspects of the general ledger accounts. Plans and organizes the necessary steps or methods used to report financial information needed for the monthly, quarterly, and annual statements. Identifies methods to improve cost, quality and timeliness of organizational activities through business process reengineering. Contacts typically are internal and external, with regular contacts among major subdivisions and LOB/SOs, customers, and other external parties to share information about the FAA and explain the applications of policies and procedures. Contacts include employees in the DOT Operational administrations, other ESC customers, policy officials, managers, and professionals, us well us the same level of contact with personnel in other Government agencies such as Treasury, OMB, OPM, and GSA. Resolves most problems and work issues without the assistance of a manager, project/program manager, team leader, or more experienced professional. Work activities typically support and may be vital to the success of projects and/or activities for one or more organizational units, major subdivisions, and/or LOB's/SO's. Work is reviewed periodically, typically at major milestones and at completion, for policy compliance and alignment with the requirements of projects and/or other work activities.
Requirements
We are not accepting applications from noncitizens.
Education
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). 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: www.ed.gov/accreditation. Foreign 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. See Qualifications Required. KSA INFORMATION As a part of the Federal-Wide Hiring Reform Initiative (streamlining the hiring process), the FAA is committed to eliminating the use of the Knowledge, Skills and Ability (KSA) narratives from the initial application in the hiring process for all announcements. Therefore, as an applicant for this announcement, 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 Knowledge, Skills and Ability (KSA), 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. Eligible applicants meeting the minimum qualification requirements and selective factor(s), if applicable, may be further evaluated on the Demonstrated Abilities and Other Factors listed in the announcement. Based on this evaluation, applicants will be placed in one of the following categories: score order, category grouping, or priority grouping and referred to the selecting official for consideration.
How you will be evaluated
IMPORTANT: Applicants may be rated on the extent and quality of experience, education, and training relevant to the duties of the position(s). All answers provided in the on-line process must be substantiated. Ensure that your application package/resume supports your responses.