You will play a key part in developing FCA's accounting policy and reporting standards for Farm Credit System (FCS) institution compliance. As a Policy Analyst (Accounting), you will lead or contribute to regulation and policy development projects including prior approval projects for complex financial accounting and reporting issues. You will work collaboratively on projects with professionals from other bank regulatory agencies and assist other regulation and policy staff and workgroups on FCS accounting and disclosure issues.
This position is located in the Office of Regulatory Policy, Operations Management and Accounting Team, which manages policy and regulation development activities that ensure the safety and soundness of the FCS.
The ideal candidate for this position is a certified public accountant (CPA) with experience in financial accounting and reporting, as well as Generally Accepted Accounting Principles (GAAP) accounting policy and procedures, who has the ability to explain accounting and financial concepts to a variety of audiences and is able to work independently.
This position is being advertised at 3 grade levels: VH-38, VH-39, and VH-40. The salary ranges for each grade include a 24.58% geographic differential for McLean, VA.
VH-38 (GS-12 equivalent): $89,106 to $146,876 per annum.
VH-39 (GS-13 equivalent): $101,844 to $168,042 per annum.
VH-40 (GS-14 equivalent): $116,517 to $192,253 per annum.
This position is also advertised for Status Candidates under job opportunity announcement VA-17-0317-MP. If you would like to be considered under both merit promotion (MP) and delegated examining (DE), you must apply to both announcements.
**This closing date of this announcement has been extended from 12/22/17.**Learn more about this agency
As a Policy Analyst (Accounting), you will:
- Provide technical support and expertise in the development of FCA's accounting policies applicable to Farm Credit System (FCS) institutions.
- Manage and participate in regulatory, policy, and prior approval projects, including those related to complex financial accounting, disclosure, and reporting issues.
- Participate in projects related to mergers, consolidations, or other corporate or non-corporate formations, adjustments, reorganizations, or terminations in accordance with FCA regulations and guidance.
- Contribute to the development of FCA disclosure, reporting, and governance rules for compliance by FCS institutions.
- Identify emerging issues and risks and work with team leaders and other management to develop strategies and innovative options resulting from changes in the Farm Credit Act or other applicable federal laws, regulations, and industry standards and guidelines, and assessing the impact of those issues on the operations of FCS institutions.
- Prepare and deliver verbal and written briefings, reports, and other presentations to the FCA Board and executive management, and serving as a liaison between the FCA and FCS institutions.
- Provide assistance to other regulatory and policy work groups on Agency accounting policies, U. S. generally accepted accounting principles (GAAP), and FCA rules related to disclosure, reporting, governance, and other corporate principles.
Occasional travel - 5% of time for training and conferences.
Who May Apply
This job is open to…U.S. Citizens
Questions? This job is open to 1 group.
Job family (Series)
Conditions Of Employment
- One year probationary period may be required.
- U.S. citizenship required.
- Submission of a financial disclosure report required.
Quality Ranking Factor: A certificate as a Certified Public Accountant (CPA), obtained through written examination.
You must meet all qualification requirements and submit all required supporting documentation by the closing date of this announcement. If you are found to be among the most highly qualified candidates you will be referred to the hiring manager for further consideration and possible interview.
To qualify for this position, by the closing date of this announcement, you must meet both the Basic Requirements and the Specialized Experience Requirements for the grade levels to which you are applying. Specialized experience is experience that has equipped you with the particular knowledge, skills, and abilities to perform the duties of the position successfully. To be creditable, specialized experience must be equivalent to at least the next lower grade level in the Federal service.
Basic Requirement: You application must include sufficient documentation to determine the following.
Degree Requirements: Degree in 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."
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.
Specialized Experience Requirements: Your descriptions of specialized experience should demonstrate your ability to advise on, administer, supervise, or perform professional accounting work that requires application of accounting theories, concepts, principles, and standards to the financial activities of governmental, quasi-governmental, or private sector organizations.
To qualify for the VH-38 (GS-12) level, you must have specialized experience equivalent to the next lower level, VH-37 (GS-11). The experience may have been gained in either the public or private sector. One year of experience refers to full-time work; part-time work is considered on a prorated basis. Specialized experience for this level includes:
- Experience providing research to assist in the development of draft regulatory disclosure, reporting, governance, and operational standards and other policy rulemakings or policy statements related to public or corporate accounting;
- Experience researching and analyzing current accounting and financial reporting pronouncements; and
- Experience providing accounting advisory services or corporate accounting/finance services, focusing on accounting transactions.
There is no substitute for education at the VH-38 grade level.
To qualify for the VH-39 (GS-13) level, you must have specialized experience equivalent to the next lower level, VH-38 (GS-12). The experience may have been gained in either the public or private sector. One year of experience refers to full-time work; part-time work is considered on a prorated basis. In addition to the specialized experience listed for the VH-38 level, specialized experience for this level includes:
- Experience drafting regulations, policy statements or other regulatory guidance and assisting with development of materials to implement regulations including internal and external guidance;
- Experience preparing and delivering briefings, reports, and other presentations to management; and
- Experience researching and analyzing mergers, acquisitions, consolidations or other related corporate activity.
There is no substitute for education at the VH-39 grade level.
To qualify for the VH-40 (GS-14) level, you must have specialized experience equivalent to the next lower level, VH-39 (GS-13). The experience may have been gained in either the public or private sector. One year of experience refers to full-time work; part-time work is considered on a prorated basis. In addition to the specialized experience listed for the VH-39 level, specialized experience for this level includes:
- Experience serving as a Project Manager for regulatory development projects or overseeing work groups focused on disclosure, reporting, governance, and operational and management issues and/or mergers, consolidations, or other related corporate activities;
- Experience leading efforts on drafting regulations, policy statements, and other regulatory guidance; and
- Experience developing a variety of written work products/deliverables such as training materials, comment letters, reports, and briefing papers for distribution to senior leadership and key stakeholders.
There is no substitute for education at the VH-40 grade level.
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.
Educational institutions, domestic and foreign, must be accredited by one of the accrediting agencies or associations recognized by the U.S. Department of Education.
- FCA’s supplemental ethics regulations restrict certain FCA employees concerning their direct or indirect interests in, or connections with, Farm Credit System institutions. These rules also require all employees to obtain approval for outside employment or business activities. Please contact the HR Office for additional information on these rules.
- All FCA employees are subject to the conflict of interest laws and Standards of Ethical Conduct imposed upon all employees of the Executive Branch of the Federal Government and may be required to file a Financial Disclosure Report.
- FCA uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, visit www.dhs.gov/E-Verify.
- This announcement may be used to fill additional vacancies if identical openings in the same series, grade and organizational unit occur.
- If you are asked to come in for an interview, you may be asked to provide examples of your written work products.
How You Will Be Evaluated
Your qualifications will be evaluated on the following knowledge, skills, abilities (KSAs) and other characteristics relevant to the duties of this position:
- Policy Development and Implementation
- Time Management
- Oral Communication
- Written Communication
Your resume serves as the basis for the determination of your qualifications and should highlight relevant work experience and education (if applicable) as it relates to this position. Your resume must include the following information:
- Paid and non-paid work experience including your position title, start and end dates (month/year) of employment, average number of hours worked per week and salary;
- Position series and grade for Federal positions;
- Indication of the knowledge, skills and education you have that are pertinent to this position;
- Specific duties you have performed as a regular part of your job with indications of the level of responsibility and complexity of work;
- Names and contact information for your current and/or previous supervisor(s).
You must provide the information specified above in your resume to be considered for this position. Your resume must include enough detail to permit a valid determination that you meet eligibility and specialized experience requirements for each grade for which you are applying. Take a look at this online video for ideas on how to communicate your qualifications.
If review of your resume and your responses to the self-assessment questions demonstrate that you have inflated your qualifications and/or experience, a score will be manually determined that reflects your documented experience. This may result in a lower score which may eliminate you from consideration for this position.
Your application will be evaluated and rated under Category Rating and Selection procedures. Eligible candidates will be placed in one of three pre-defined quality categories as described below:
Highly-Qualified Category: In addition to meeting minimum qualifications, applicants must fully demonstrate proficiency in all major aspects of the position.
Well-Qualified Category: In addition to meeting minimum qualifications, applicants must demonstrate proficiency in some but not all of the major aspects of the position.
Qualified Category: In addition to meeting minimum qualifications, applicants must demonstrate a basic level of knowledge, skill and ability of the position.
Under category rating procedures, veterans preference points and the "rule of three" are not applied. Eligible veterans are placed ahead of non-preference eligibles within each pre-defined quality category. Preference eligibles who meet minimum qualification requirements and who have a compensable service-connected disability of at least 10 percent (i.e., CPS and CP) are listed in the Highly-Qualified category except when the position is being filled is scientific or professional at the VH-35 (GS-09) grade level or higher.
Agency Career Transition Assistance Program (CTAP) or Interagency Career Transition Assistance Program (ICTAP) candidates must be rated "Well Qualified" for the position to receive priority consideration.
Click the following link to preview the applicant questionnaire: Preview Applicant Questionnaire.
Background checks and security clearance
You must provide a complete Application Package through USAJOBS that includes your resume, responses to the Applicant Questionnaire and supporting documentation:
- All Applicants: All applicants must submit a current resume. See the Qualifications and Evaluation section of the announcement for details on the information required. You can use USAJOBS resume builder or upload your own resume. Need help? Get some tips from this online video on Federal resume-writing.
- All Applicants: All applicants must submit sufficient documentation to determine basic requirements. If you are submitting transcripts to suffice this basic requirement, you may submit unofficial transcripts at the time of application, but if you are selected, you must provide official, sealed transcripts to the Human Resources Office to verify your education prior to your entry on duty.
- CTAP/ICTAP applicants only: Submit a) A copy of your RIF Separation Notice or Certification of Expected Separation or other documentation indicating that you are a surplus employee; b) Evidence of full performance level of current position; c) A copy of your most recent performance appraisal; and d) A copy of your most recent SF-50, Notification of Personnel Action.
- Veterans' Preference eligibles: If you are claiming veterans' preference, you must submit a copy of your Certificate of Release of Discharge From Active Duty, DD-214 (Member copy 2 or 4), or other official documentation from a Branch of the Armed Forces or the Department of Veteran's Affairs showing dates of service and type of discharge. If you are currently on active duty, you must provide an official statement of service from your command/unit which states the date you entered active duty, expected discharge type and date, and campaign medals you have received OR other official documentation (e.g., documentation of receipt of a campaign badge or expeditionary medal) that proves your military service was performed under honorable conditions. If the appropriate information is not submitted to confirm your discharge status, dates of service, etc., you will not receive credit for the claimed active duty military service.
- 10-Point Eligible Veterans: If you are claiming Veterans' Preference based upon a Compensable Disability, Widow or Spouse Entitlement, or as a Purple Heart recipient, you must submit your DD-214 (Member Copy 2 or 4) AND documentation to support your status, e.g., Department of Veterans Affairs letter dated 1991 or later, marriage license, death certificate, etc. If you do not submit appropriate or adequate information to confirm your eligibility you will not receive the credit claimed.
If you are relying on your education to meet qualification requirements:
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
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.
FCA offers a more flexible salary and benefits program than most Federal agencies. Many benefits are paid for by the Agency, at no cost to employees, while others are generously subsidized. Check our website for more information!
How to Apply
Click Apply Online to create an account or log in to your existing USAJOBS account.
- Follow the prompts to complete the Applicant Questionnaire and upload required documents. For help uploading documents click here.
- Make sure that you click the Submit My Answers button to transmit your application.
- To return to an incomplete application, log into your USAJOBS account and click Update Application in the vacancy announcement. You must re-select your resume and/or other documents from your USAJOBS account or your application will be incomplete.
- Your application and supporting documentation must be received by 11:59 p.m. ET on the closing date of the announcement.
If you need technical assistance with your on-line application, you can contact the USAJOBS customer support desk Monday through Friday from 7:00 a.m. to 8:00 p.m. ET, and Saturday from 8:00 a.m. to 4:00 p.m. ET. You can also find answers to many of your questions on the USAJOBS Resource Center.
Alternate Application Procedures. If applying online poses an extreme hardship, you may request alternate application procedures to submit your application package by fax. Contact the Human Resources Office listed on the announcement between 8:15 a.m. and 5:00 p.m. ET, at least two working days prior to the closing date of this announcement. The application package for alternate application procedures must be submitted and received in the Human Resources Office no later than 11:59 p.m. ET on the closing date of this announcement.
NOTE: Paper applications and documents sent via mail will NOT BE ACCEPTED.
- Check the status of the application system and maintenance schedule here: status.fhrnavigator.com
- If you experience technical difficulties applying online, report it here: firstname.lastname@example.org. The support inbox is monitored Monday through Friday, from 8 AM ET until 6 PM ET.
- Make sure your status in USAJOBS is 'Received' after you submit your application to ensure it was submitted successfully.
Agency contact information
1501 Farm Credit Drive
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Learn more about what it's like to work at Farm Credit Administration, what the agency does, and about the types of careers this agency offers.
You will be notified up to four times during the hiring process: 1) upon receipt of your application, 2) upon determination of your eligibility or qualifications, 3) after certificate(s) are issued, and 4) after final selection is made. You can check the status of your application at any time by logging into your account on USAJobs and selecting “Application Status.” We recommend that you also opt to receive USAJobs status update emails. Please notify us if your contact information changes after the closing date of the announcement.
Fair & Transparent
The Federal hiring process is setup to be fair and transparent. Please read the following guidance.
Equal Employment Opportunity Policy
The United States Government does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy And gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.
Reasonable Accommodation Policy
Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application and hiring process should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a Case-by-Case basis.
A reasonable accommodation is any change in the workplace or the way things are customarily done that provides an equal employment opportunity to an individual with a disability. Under the Rehabilitation Act of 1973 the Equal Employment Opportunity Commission (EEOC) must provide reasonable accommodations:
- An applicant with a disability needs an accommodation to have an equal opportunity to apply for a job.
- An employee with a disability needs an accommodation to perform the essential job duties or to gain access to the workplace.
- An employee with a disability needs an accommodation to receive equal access to benefits, such as details, training, and office-sponsored events.
Legal and regulatory guidance
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/486129000. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.