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    The SEC's Division of Investment Management's (IM) Chief Accountant's Office (CAO) is accepting applications for Professional Accounting Fellow (PAF) positions that will begin in the summer or fall of 2019. The IM PAF program is designed to provide participating fellows with outstanding opportunities for public service, personal development, and career advancement.

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    Fellowships are hired on an initial two-year (temporary) appointment, that may be extended for up to an additional two years at the agency's discretion and, if extended, the total fellow position cannot exceed four years. During fellowship, the successful candidates may lead and participate in teams assigned to study and develop rule proposals under the federal securities laws; liaise with accounting, auditing, and other professional standard-setting bodies; and consult with public companies and auditors on accounting, auditing, and reporting matters.

    CAO is seeking candidates who can draw upon their significant experience in auditing the financial statements of, consulting with, or working for investment companies registered under the Investment Company Act of 1940 ("1940 Act") and/or registered investment advisers regulated by the Investment Advisers Act of 1940 ("Advisers Act") to exhibit an understanding of and an ability to succinctly explain policy or practice matters affecting investment companies that are associated with the analysis, application and/or implementation of any of the following:

    • Accounting standards and disclosure requirements applicable to investment companies, including specialized knowledge of Accounting Standards Codification Topic 946: Investment Companies;
    • Auditing and quality control standards and policies in the audits of the financial statements of investment companies, including development and implementation of audit policy and methodology; auditing estimates, including fair value; auditor independence; and advancing the use of technology and data to improve audit quality.
    • Regulatory requirements of the 1940 Act for registered investment companies and rule 206(4)-2 of the Advisers Act for registered investment advisers

    Travel Required

    Occasional travel - You may be expected to travel for this position.

    Supervisory status


    Promotion Potential


  • Job family (Series)

    0510 Accounting

This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/536009600. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.