The Bureau of Economic Analysis (BEA) is one of the world's leading statistical agencies, recognized throughout the United States and around the world as a key source for the best and most comprehensive economic statistics available. The data produced by BEA are among the most important tools used in decision-making by policy-makers in the Congress and the executive agencies, including the Council of Economic Advisers, the Federal Reserve, the Office of Management and Budget and the Treasury. BEA's data are also used extensively by private businesses and a wide range of regional organizations, state and local governments, businesses and educational institutions.
This vacancy is for a Lead Accountant position in the Special Surveys Branch, Balance of Payments Division (BPD), located at the U.S. Department of Commerce, Bureau of Economic Analysis in Washington, DC.
The incumbent will serve as a lead accountant for two surveys of cross-border transactions in financial services. The incumbent will carry out tasks that are of critical importance to the accuracy and timeliness of BEA’s international transactions statistics. The incumbent will actively participate in planning and carrying out the work of the division.
BEA has been ranked by its employees as one of the top federal agencies for which to work. It has a dynamic and motivated staff, and encourages professional growth. BEA has an unparalleled location in the heart of downtown D.C., only blocks from the White House and within walking distance to three Metro lines. The Penn Quarter, Logan and Dupont Circles, and the Kennedy and Verizon Centers are all within walking distance. This location provides for a unique balance of intellectual pursuit during the day and wealth of cultural and social activities after work.
This position is in the competitive service.
One year probationary period may be required.
Relocation expenses WILL NOT be paid.
This is a non-bargaining unit position.
The Full Promotion Potential of this position is: ZA-04.
The individual selected for this position will:
*Major Duty 1: Assist in conducting and ensuring the integrity of BEA’s international transactions data program carried out by the Balance of Payments Division;
*Major Duty 2: Delegate responsibility and assign projects to other staff members and communicate survey results to account analysts and senior management to ensure correct interpretation of survey data;
*Major Duty 3: Resolve complex reporting issues referred by staff including documenting the data issue and the resolution;
*Major Duty 4: Interpret accounting principles (including U.S. GAAP) as they apply to the financial services surveys;
*Major Duty 5: Research the financial industry to ensure that the BEA surveys reflect the changing economic environment and data needs; and
*Major Duty 6: Develop procedures to collect, review, and evaluate the accuracy of survey data to ensure survey data are in compliance with survey instructions and economic and financial accounting standards.