Summary This position is located in the Office of the Chief Financial Officer, Accounting Division. The incumbent of this position serves as the Senior Accountant for Financial Accounting and Reporting and is responsible for formulating, developing and implement agency policies and procedures related to the agency's financial statements. Responsibilities As a Senior Accountant,GS-0510-14, you will perform the following major duties: Prepares the agency's monthly and annual federal financial statements (Balance Sheet, Statement of Net Cost, Statement of Changes in Net Position, and the Statement of Budgetary Resources), and required footnote disclosures, which are submitted to the Office of Management and Budget (OMB), Treasury and Congress. Ensures these reports are submitted timely and accurately and in accordance with OMB Circular A-136, Financial Reporting Requirements. Participates in the monthly, quarterly, and yearly closing processes, including the performance of closing journal entries and reconciliations. Serves as an expert in the compilation and review of the adequacy and propriety of financial statement line items, fiduciary transactions, and related reporting. Ensures compliance with financial reporting standards. Performs analyses requiring research and understanding of the methodologies for generating accounting transactions to recommend solutions to transactions, problems, or situations impacting NTSB. Researches and recommends solutions for complex accounting issues. Reviews and develops U.S. Standard General Ledger (USSGL) compliant general ledger posting models for new, revised, or unusual accounting treatments. Requirements Conditions of Employment Qualifications This position has a positive education requirement. Applicants MUST meet one of the educational requirements below for the 0510 occupational series. Transcripts are required at the time of application. Basic Requirements: 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 applicants 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 non-conformance to the requirement of 24 semester hours in accounting, the applicants education, training, and experience fully meet the specified requirements. In addition to meeting one of the above Basic Requirements, you must also possess the following:GS-14: You MUST have one year of specialized experience equivalent to at least the GS-13 grade level in the Federal service (experience may have been gained in the private sector). Specialized experience is defined as: Experience interpreting, developing, implementing and applying accounting policies and procedures; preparing or auditing financial statements (Balance Sheet, Statement of Net Cost, Statement of Changes in Net Position, and the Statement of Budgetary Resources); analyzing and interpreting accounting data, records, and reports (i.e., Standard General Ledger, interagency buy/sell activity reconciliation, financial statements and associated note disclosures). Serving as a subject matter expert on financial accounting systems and financial reporting guidelines; providing subject expertise to record complex accounting transactions and overseeing key funds and key financial balances. Interpreting financial accounting reporting requirements and working with external contacts to resolve differences. For more information see link: Accounting Series 0510 NOTE: IN DESCRIBING YOUR EXPERIENCE, PLEASE BE CLEAR AND SPECIFIC. WE WILL NOT MAKE ASSUMPTIONS REGARDING YOUR EXPERIENCE. Your resume must clearly show the specialized experience and competencies related to this position. Failure to demonstrate how you possess the education, specialized experience and/or competencies will result in an "Ineligible" rating. Education As stated in the Qualifications section. GENERAL EDUCATION: All academic degrees and coursework must be completed at an institution that has obtained accreditation or pre-accreditation status from an accrediting body recognized by the U.S. Department of Education for it to be credited towards qualifications. For a list of schools that meet these criteria, see https://www.ed.gov/accreditation?src=rn. Applications submitted without the required supporting documents will not be accepted. An unofficial transcript; statement from the institution's registrar, dean, or other appropriate official; or equivalent documentation is acceptable at the time of application. Education submitted must be appropriately accredited by an accredited body recognized by the Secretary of the U.S. Department of Education. For additional information, refer to the U.S. Department of Education web site at: http://www.ed.gov 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: https://www2.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html Additional Information If you left Federal Employment and received a buy out and you are selected for this position, you may be required to repay the full amount of the payment. Veterans Employment Opportunity Act (VEOA): Must be a preference eligible or a Veteran separated after 3 years or more of continuous active service performed under honorable conditions. VEOA please visit https://www.fedshirevets.gov/job-seekers/special-hiring-authorities/#veoa Noncompetitive Appointment Authorities: For more information on noncompetitive appointment authority eligibility requirements identified below please visit https://www.fedshirevets.gov/job-seekers/special-hiring-authorities/ Career Transition Assistance Programs: These programs apply to employees who have been involuntarily separated from a Federal service position within the competitive service or Federal service employees whose positions have been deemed surplus or no longer needed. To receive selection priority for this position, you must: (1) meet ICTAP eligibility criteria; (2) meet the basic qualification standards (including minimum educational and experience requirements; (3) be rated well-qualified for the position with a score of 90 and above on the rating criteria for this position; and, (4) submit the appropriate documentation ( to support your ICTAP eligibility. For more information visit: http://www.opm.gov/rif/employee\guides/career\transition.asp Note: ICTAP eligibles must submit one of the following: a separation notice; a "Notice of Personnel Action" (SF-50) documenting separation; an agency certification that you cannot be placed after injury compensation has been terminated; an OPM notification that your disability annuity has been terminated; OR a Military Department or National Guard Bureau notification that you are retired under 5 U.S.C. 8337(h) or 8456. All qualification requirements must be met by the closing date of this announcement. NTSB uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit http://www.uscis.gov/e-verify. Reasonable Accommodation (RA) Requests: If you believe you have a disability (i.e., physical or mental), covered by the Rehabilitation Act of 1973 as amended that would interfere with completing the USA Hire Competency Based Assessments, you will be granted the opportunity to request a RA in your online application. Requests for RA for the USA Hire Competency Based Assessments and appropriate supporting documentation for RA must be received prior to starting the USA Hire Competency Based Assessments. Decisions on requests for RA are made on a case-by-case basis. If you meet the minimum qualifications of the position, after notification of the adjudication of your request, you will receive an email invitation to complete the USA Hire Competency Based Assessments, based on your adjudication decision. You must complete all assessments within 48 hours of receiving the URL to access the USA Hire Competency Based Assessments if you received the link after the close of the announcement. To determine if you need a RA, please review the Procedures for Requesting a Reasonable Accommodation for Online Assessments. (https://appsupport.usastaffing.gov/hc/en-us/sections/28980686389652-Reasonable-Accommodation-Information)
