This Position Is No Longer Available
  1. Overview
  2. Duties
  3. Qualifications & Evaluations
  4. Benefits & Other Info
  5. How to Apply

Job Title:Staff Accountant

Agency:Securities and Exchange Commission

Job Announcement Number:13-DE-834697-DQ

This position is closed and no longer accepting online applications through USAJOBS.

The contents of the announcement can still be viewed.


$68,514.00 to $162,905.00 / Per Year


Tuesday, March 05, 2013 to Tuesday, March 19, 2013




Full Time - Permanent




2 vacancies in the following location:
Chicago Metro Area, IL United States


United States Citizens


Do you want to perform challenging work in a collegial environment, while enjoying quality of life and a competitive compensation package? Invest in your career at the U.S. Securities and Exchange Commission (SEC)!

The SEC's mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The agency seeks high-caliber professionals who share the same values of integrity, fairness, accountability, resourcefulness, teamwork, and commitment to excellence.


This Staff Accountant position is in the Chicago Regional Office located in Chicago, IL.


Salary Range for:  SK-11 level, $68,514 -$114,299

                            SK-12 level, $82,114 - $136,996    

                            SK-13 level, $97,647 -$162,905               


  • This position is open to U.S. citizens.
  • Travel is required


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The employee will provide accounting support for the SEC's accounting examination, investigation, and enforcement activities and operations such as reviewing financial statements; evaluating accounting systems and internal controls. Participate in planning and conducting securities compliance examinations, developing reports of findings, and providing advice and recommendations for examinations of broker-dealers, investment advisers (including advisers to hedge funds, private equity funds, and other private funds), investment companies and transfer agents.


Provide advice and technical support for examinations, investigations, and enforcement activities and operations. Conduct research; review and analyze a variety of documents related to securities compliance examinations and market regulation; and develop recommendations to resolve problems or issues encountered in an assigned area of specialization or focus.  

Work with senior examiners and supervisors engaged in developing and preparing guidance on a variety of complex issues arising from interpretation and application of statutes administered by the office. 


Facilitate conferences and interview a variety of company personnel concerning operational and examination issues to determine possible regulatory violations.  Gather evidence to support preliminary findings of violations, and prepare reports of findings as well as correspondence to an entity outlining deficiencies and corrective actions to be taken. Represent the SEC in meetings with staff of other federal agencies and the securities industry, respond to inquiries concerning the work of the SEC, and maintain productive work relationships with federal and state agencies and the industry.


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All qualification requirements must be met by the closing date of this announcement.


Qualifying experience may be obtained in the private or public sectors. Qualifying education must have been obtained from an accredited college or university recognized by the Department of Education. Additional information on the qualification requirements is outlined in the OPM Qualifications Standards Handbook of General Schedule Positions. It is available for your review in our office, in other Federal agency personnel offices, and on OPM's web site at


Applicants must meet the basic qualification requirements AND the minimum qualification requirements by the closing date of this announcement.


Basic Requirements:


A. Applicants must show successful completion of a full four-year course of study in an accredited college or university leading to a bachelor's or higher 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/36 quarter hours in accounting. The 24 semester/36 quarter hours may include up to 6 semester/9 quarter hours of credit in business law. (The term "accounting" means "accounting and/or auditing". Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor".); OR


B. Combination of education and experience -- at least four (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 include ONE of the following:

-- 24 semester/36 quarter hours in accounting or auditing courses of appropriate type and quality; this can include up to 6 semester/9 quarter hours of business law;

-- A certificate as Certified Public Accountant or 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/22 quarter hours, but that does not fully satisfy the 24-semester hour/36-quarter hour requirement in 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 four-year course of study described in paragraph A; and

(c) except for literal non-conformance to the requirement for 24 semester/36 quarter hours in accounting, the applicant's education, training, and experience fully meet the specified requirements; AND


Minimum Qualification Requirements:   

SK-11: Candidate must possess at least one year of specialized experience equivalent to at least the GS/SK-09 level  interpreting and applying the federal securities laws and rules; applying auditing, examining and/or investigating principles to review records related to the issuance, distribution or trading of securities, and the operational activities of financial markets, and financial entities such as investment advisers (including advisers to hedge funds, private equity funds, and other private funds) , investment companies, transfer agents and other securities related organizations; and conducting interviews, briefings, and presentations; and applying generally-accepted accounting principles (GAAP), generally-accepted auditing standards (GAAS) requirements when analyzing, modifying, and adapting conventional accounting and analytical techniques to solve a variety of accounting problems. 

SUBSTITUTION OF EDUCATION FOR EXPERIENCE: Experience requirements at the SK-11 level may be met by three (3) full academic years of graduate level education with major study in business administration, finance, or accounting; OR the successful completion of a Ph.D. or equivalent doctoral degree that includes major study in business administration, finance, or accounting; OR completion of all requirements for an LL.M. degree. COMBINATION OF EDUCATION AND EXPERIENCE: Equivalent combinations of successfully completed education and experience may be used to meet the experience requirements.


SK-12: In addition to the experience required at the SK-11 level above, qualifying experience for the SK-12 level includes at least one year of specialized experience equivalent to at least the GS/SK-11 level researching complex issues relating to  the issuance, distribution or trading of securities, and the operational activities of financial markets, and financial entities such as investment advisers (including advisers to hedge funds, private equity funds, and other private funds) , investment companies, transfer agents and other securities related organizations, requiring extensive probing and analysis; and interacting with executive management, co-workers, and members of the securities industry to resolve novel, unique, and complex issues. 

SK-13: In addition to the experience required at the SK-12 level above, candidate must possess at least one year of specialized experience equivalent to at least the GS/SK-12 level evaluating and recommending changes to examination/audit methodologies to ensure adaptation to changing industry trends and conducting briefings for management and/or representing an organization at briefings, meetings or conferences, conveying complex and technical information to address the concerns of the intended audience.
Knowledge, Skills and Abilities (KSAs): Your resume will be further evaluated on the following KSAs:   


Knowledge of the Federal Securities Laws, Rules and Regulations

Knowledge of the Examination Process

Strong Analytical Skills With The Ability To Analyze Complex Problems/Data And Devise Innovative Solutions

Knowledge of Accounting Principles, Standards, Practices and Techniques

Ability to Communicate in Writing

Ability to Communicate Effectively Other Than in Writing 

Important Notes:


1. Application procedures are specific to this vacancy announcement. Please read all the instructions carefully. Failure to follow the instructions may result in your not being considered for this position.

2. Male applicants born after December 31, 1959, must have registered for the selective service.  For more information, visit

3. Multiple vacancies may be filled through this announcement.

4. This position has promotion potential to the SK-14

5. PROBATIONARY PERIOD: This appointment may require completion of a one-year probationary period.

6. SECURITY CLEARANCE: Entrance on duty is contingent upon completion of a pre-employment security investigation. Favorable results on a Background Investigation may be a condition of employment or selection to another position.

7. PERMANENT CHANGE OF STATION (PCS): Moving/Relocation expenses are not authorized.

8. DIRECT DEPOSIT: All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing.

9. This position is in the bargaining unit.

Information for veterans:  You may be eligible to receive preference in appointment.  For more information please visit:


IMPORTANT INFORMATION FOR SURPLUS OR DISSPLACED FEDERAL EMPLOYEES - Career Transition Assistance Plan (CTAP) and Interagency Career Transition Assistance Plan (ICTAP) is available to individuals who have special priority selection rights under this plan. Individuals must be well-qualified for this position to receive consideration for special priority selection.   CTAP or ICTAP eligibiles will be considered well-qualified when receiving an adjudicated score of 85 or higher.   Federal employees seeking CTAP or ICTAP eligibility must submit proof of meeting the requirements of CFR 330.605(a) for CTAP and 5 CFR 330.704 for ICTAP.   This includes a copy of the agency notice, a copy of your most recent performance rating, and a copy of your most recent SF-50 Notification of Personnel Action notating current position, grade level, and duty location.   You are to annotate in your application that you are applying as a CTAP or ICTAP eligible.


BASIS OF RATING:  Candidates who meet the basic qualification requirements for this vacancy will be rated according to the Category Rating Procedures. This means that candidates will be assigned to a pre-defined quality category based on their application and veteran preference. Generally, only candidates in the top quality category will be referred to the hiring manager.

Individuals with veteran's preference will be placed ahead of other applicants within the rating category to which they are assigned. 


There will be three quality categories: Highly Qualified, Well Qualified and Qualified 



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The Federal Government offers a comprehensive benefits package.   Explore the major benefits offered to most Federal employees at


The SEC provides reasonable accommodations to applicants with disabilities who request them for the application and hiring process. If you have a disability and would like to apply for non-competitive placement under Schedule and/or you need a reasonable accommodation for any part of the application and hiring process, see information and instructions on


TTY/ASCII users should use the toll free Federal Relay Service number: 1-800-877-8339 and provide the SEC number of the office or individual you are calling. For more information about using the Federal Relay Service see:


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To be considered for this position, you must submit a complete Application Package by Tuesday, March 19, 2013.


Please follow the instructions listed below for submitting the Occupational Questionnaire, Résumé, and Required Documents. Please read all instructions before you begin. You are solely responsible for the delivery of your materials. We cannot be responsible for incompatible software, illegible fax transmissions, etc.


To begin the process, click the Apply Online button at the bottom of this screen to create an account or log in to your existing USAJOBS account. Follow the prompts to complete the occupational questionnaire. Please ensure you click the Submit My Answers button at the end of the process.


Note: To return to a previously Saved or Incomplete application you may use the following link:


To fax supporting documents you are unable to upload, complete this cover page using the following Vacancy ID 834697.  Fax your documents to 1-478-757-3144.


If you cannot apply online:

1. Click the following link to view and print the occupational questionnaireView Occupational Questionnaire and

2. Print this 1203FX form to provide your response to the occupational questionnaire and

3. Fax the completed 1203FX form along with any supporting documents to 1-478-757-3144. Your 1203FX will serve as a cover page for your fax transmission.


For this job announcement the following documents are required:


1. Your responses to the Occupational Questionnaire

2. Résumé

3. For Veterans: DD-214; For Disabled Veterans: DD-214, SF-15 and/or VA letter dated 1991 or later (if you are claiming veterans preference)

4. Certificate as Certified Public Accountant or Certified Internal Auditor or an official college transcript showing that you have completed and successfully passed at least 24 semester hours of accounting, which may include up to 6 hours of business law.

·         If you are unable to obtain an official transcript by the closing date of this announcement, you may provide a list of course work which clearly identifies that you have met this educational requirement. The list of coursework must include the following: course title, completion date, grade, and number of semester hours: (e.g. Accounting 101; 05/2012; B+; 3 semester hours). 

·         For Current or Former Federal Employees Only: If you are unable to obtain an official transcript by the closing date of this announcement you can attach a copy of your latest SF-50 showing that you are currently or have been an Accountant, occupational series 0510.

·         If you provide a list of coursework or an SF-50 instead of an official transcript, please note that an official transcript will be required at the time of your interview. Failure to provide an official transcript at the time of interview will disqualify you for consideration for this position.



Donna M. Quarles
Phone: (202)551-7452
Agency Information:
Securities and Exchange Commission
100 F Street NE
Washington , DC


After a review of your résumé, required documents and assessment questionnaire is complete, you will be notified of your rating and or referral to the hiring official. If further evaluation or interviews are required, you will be contacted.


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