This position is located in the Office of the Executive Director, Financial Management Office, Financial Operations Division, where the incumbent is responsible for managing the accounting and financial operations functions for the Federal Trade Commission (FTC).Learn more about this agency
The Accounting Program Manager position requires both knowledge of, and experience with, accounting concepts, principles and standards; financial operations and systems; federal budget and funds management; writing and verbal communication skills; and management and supervisory skills to deal with a multifaceted workforce (employees, contractors and agency cross-service staff) to perform and execute the following duties and responsibilities:
- Plans and develops financial accounting systems requirements to accurately account for the agency programs to perform financial reporting, cash management, program management information and internal controls.
- Plans, develops, and implements accounting system requirements resulting from new legislation, government-wide directives, and financial policies that affect FTC programs and operations. This requires expert knowledge of accounting policy and standards with the ability to apply them creatively to address new requirements and new business events associated with the agency's programs.
- Serves as the FTC's primary representative in dealings with other Federal agencies on technical accounting issues such as reimbursable agreements, use of credit and debit cards and various other matters.
- Advises management on accounting and financial information to solve accounting, reporting and budgetary issues and provides financial accounting metrics to support management decision making.
- Ensures that all judgments and court-ordered collections are recorded accurately, timely and completely, as the value of these assets has exceeded over $1 billion per year and is "material" to the FTC's agency wide financial reporting. Because the dollar amount is "material," any deficiency in the accuracy, timeliness or completeness of even one of these assets could potentially cause the FTC's financial statement auditors and the Inspector General's office to issue a disclaimer on the financial statements, thereby revoking the FTC's clean audit opinion. Therefore, oversight of the accounting for these activities is a function that inherently poses a high risk for compromising the FTC's clean audit opinion if not accurately managed and reported.
- Provides overall guidance and direction to bureau's, offices and staff on the proper identification, recording and accounting for procurements of all assets related to plant, property and equipment.
- Determines the effects on accounting systems, current policy and procedures, the potential impact on and to staffing, as well as to programs and agency mission and goals. This requires extensive knowledge and skill in the interpretation of the guidance to ensure that agency-specific policies and procedures are implemented in an effective and efficient manner, ensuring that there are no negative impacts on the agency goals and objectives.
- Develops and implements Corrective Action Plans ("CAP's") designed to correct weaknesses identified in the auditor's opinion or management report findings issued by the IG. The form and content of the CAP's must meet the requirements of OMB Circular A-136 (which is revised eyery year) and must ensure that the FTC has adequate internal controls in place to meet the extensive requirements outlined in 0MB Circular A-123, Appendix A, Internal Control over Financial Reporting.
- Serves and the FTC's lead in the preparation of a myriad of weekly, monthly, quarterly and year-end reconciliation reports that reflect the accounting treatment of all: financial transactions, confirming the accuracy of system balances and ensuring that any issues/problems/discrepancies are identified, properly researched and corrected in a timely manner.
- Maintains continual contact with executives, managers, professionals, and others internal and external of the agency, and outside organizations in structured and unstructured environments. The purposes of these contacts are to present, defend, negotiate or settle material issues related to the FTC's accounting processes and the proper application of those processes to accounting for all transactions and events. These individuals typically have diverse views and objectives, and require the Accounting Program Manager to develop excellent communication and interpersonal skills, enabling the incumbent to engage with the contacts in a manner that ensures an accurate understanding of the issues and the ability to develop a viable solution. Occasionally, the incumbent must negotiate a compromise that will solve long standing and major issues.
- Ensures the accounting system is properly structured to ensure the accurate tracking of budget execution, including progress reports for FTC and GSA projects and long range requirements for recurring and none recurring reimbursable services.
- Serves in the role of cash management liaison with the Treasury Department that requires reporting of FTC's cash management goals and objectives.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/536453700. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.