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Chief Financial Officer

Federal Trade Commission
This job announcement has closed

Summary

The Chief Financial Officer for the Federal Trade Commission serves as the Director of the Financial Management Office, comprised of the Budget, Acquisition, Financial Systems and Reporting, Financial Operations Divisions; the Performance Improvement and Travel Management Programs; is the principal financial advisor to the Chair, Executive Director and other officials.

Overview

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Job canceled
Open & closing dates
02/07/2023 to 03/03/2023
Salary
$141,022 to - $212,100 per year
Pay scale & grade
ES 00
Location
1 vacancy in the following location:
District of Columbia, DC
Remote job
No
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Occasional travel - You may be expected to travel for this position.
Relocation expenses reimbursed
Yes—You may qualify for reimbursement of relocation expenses in accordance with agency policy.
Appointment type
Permanent
Work schedule
Full-time
Service
Senior Executive
Promotion potential
00
Job family (Series)
Supervisory status
Yes
Security clearance
Confidential
Drug test
No
Position sensitivity and risk
Critical-Sensitive (CS)/High Risk
Trust determination process
Announcement number
EXEC-20230206-23592-OED-JN
Control number
705001100

Duties

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The Chief Financial Officer (CFO) serves as the Director of the Financial Management Office (FMO) and as the principal financial advisor to the Chairman, Executive Director and other high level Commission officials. The CFO is responsible for planning, organizing, and directing the budgetary, fiscal, and financial reporting operations of the Commission, and for managing all procurement and contracting functions for the agency.

Under the general direction of the Executive Director, the incumbent exercises overall responsibility for the development, coordination, and maintenance of an integrated financial management system which meets the requirements of the Office of Management and Budget, the Government Office of Accountability, and the Treasury Department; provides accountability for agency funds and assets, and full disclosure of the financial results of agency operations; and furnishes timely data to all levels of management for use in directing, controlling, and evaluating programs. The CFO develops and monitors the system for funds control, makes program adjustments as new requirements are levied or priorities changed, and reviews/prepares a variety of reports on the status of funds.

The incumbent also serves as the FTC's Performance Improvement Officer. The incumbent is responsible for coordinating the performance management activities of the agency, including: development and improvement of the agency's strategic plans, annual performance plans, and annual performance reports; ensuring program goals are aggressive, realistic, and accurately measured; regularly convening agency program management officials to assess and improve program performance and efficiency; and ensuring agency program goals are used in determining performance ratings, particularly those of senior executives to ensure real accountability for greater effectiveness.

The incumbent manages the internal control activity and is responsible for planning, organizing, and directing the agency's internal control processes and systems, including: evaluating and recommending internal control activities; providing both operational and financial data to program officials to assist them in carrying out their internal control responsibilities; and reporting and monitoring operations to ensure that audit findings and other reviews are promptly resolved.

The incumbent oversees the Enterprise Risk Management program to include; identification and analysis of relevant risks associated with achieving organization goals and objectives; maintaining the FTC Risk Register; and reporting quarterly to the Executive Director and the Chair regarding the status of the FTC risk register.

The CFO may speak on behalf of the Executive Director in meetings with senior agency officials, and Congressional appropriators and Executive Branch oversight entities. The CFO oversees the distribution of scheduled allotment appropriations and the preparation, submission, and presentation of agency budget estimates. In addition, the CFO assumes responsibility for a wide variety of special projects involving the FTC as a whole, such as complex analyses of mission needs and the efficient deployment of FTC financial resources.

As head of FMO, the incumbent oversees a staff responsible for carrying out all financial operations of the Commission. The incumbent is thus responsible for monitoring the execution of the Commission's program budget, maintenance of the agency's fiscal and accounting records, preparing agency financial statements and reports to reflect the financial position of the Commission for internal purposes and as required or requested by oversight organizations (e.g., Congress, OMB), auditing all vouchers for general operating expense categories, authorizing prior payments, and certifying the Commission's payroll. In addition, the incumbent has overall responsibility for the development of an optimal organization structure and for continual improvement in methods of financial operations to assure the changing needs of the Commission are met through sound financial management.

The incumbent manages the procurement and contracting system for the agency. In this regard, the incumbent oversees development of program goals and objectives, and ensures an effective purchasing and acquisition system. The CFO provides management oversight and broad guidance to the Chief Acquisition Officer, and serves as alternate Head of Contracting Activities (HCA) to the Executive Director.

The incumbent is charged with developing long-range plans and financial policies to facilitate attainment of Commission goals, and for evaluating and synthesizing data related to program costs, objectives, and accomplishments and relating this in meaningful terms to managers for the purpose of achieving the most effective programs with minimum costs both now and in future operations.

Requirements

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Conditions of employment

  • You must be a U.S. citizen to qualify for this position.
  • You must possess an advance degree or certification in related fields such as MBA,CPA, etc.
  • Background investigation (Public Trust) is required.
  • You will serve a one-year probationary period unless you have previously completed the probationary period in the Senior Executive Service (SES).
  • The individual selected will be required to file an Executive Branch Personnel Financial Disclosure Report (OGE Form 278) in accordance with the Ethics in Government Act of 1978.
  • The agency is currently exploring the possibility of having a remote workforce for current and future employees beyond September 2022.
  • If selected, you will be permitted to temporarily telework from a location outside the local commuting area.
  • However, once employees are permitted to return to the office, you may be required to report to the duty station listed on this announcement within 60 days. At that time, you will be eligible to request telework in accordance with the FTC?s policy.

Qualifications

QUALIFICATIONS:
As a basic requirement, applicants must demonstrate technical and professional competence as described in the Mandatory Professional Credentials/Technical Qualifications section below and executive leadership capabilities as described in the Executive Core Qualifications (ECQs) of the SES listed below. Typically, experiences of this nature will have been gained at or above the GS-15 grade level or its equivalent in federal service, or with state or local government, private industry, or nongovernmental organizations.

If you are a current career member of the SES, are eligible for reinstatement into the SES, or have completed an SES Candidate Development Program and have been certified by the Office of Personnel Management's (OPM) Qualifications Review Board (QRB), you can apply for competitive and/or noncompetitive consideration. For competitive consideration, you must submit a resume and written statements addressing the Mandatory Professional Credentials/Technical Qualifications, ECQs, and other applicable qualifications. For noncompetitive consideration, you must submit your resume, written statements addressing the Mandatory Professional Credentials/Technical Qualifications, and other applicable qualifications. Written statements addressing the ECQs are not necessary for noncompetitive consideration. You must also provide documentation of QRB certification (i.e., SF-50 showing career SES status or OPM-issued SES qualification certificate).



MANDATORY PROFESSIONAL CREDENTIALS AND TECHNICAL QUALIFICATIONS:

Mandatory Professional Credentials:
1: Demonstrated knowledge of the requirements for assessments and reporting under the Federal Financial Management Improvement Act and the Federal Managers Financial Integrity Act.

2.Demonstrated knowledge of federal acquisition and procurement practices.

3. An advanced degree or certification in related fields (such as MBA, CPA, etc.)

Mandatory Technical Qualifications (should not exceed two pages per qualification):
MTQ 1: Demonstrated experience in the use of current and emerging information technology for the development and management of an integrated financial management system that encompasses budgeting, accounting, acquisition, and performance management functions and at a minimum incorporates and tracks all financial transactions, produces auditable financial reports, and includes comprehensive internal system controls.

MTQ 2: Demonstrated knowledge of and experience in financial programs including budgeting, financial and managerial cost accounting, internal controls and accountability processes, and the production of auditable financial statements. Experience in these areas must be directly related to supporting an organization of comparable size and scope to the FTC while conforming to policies of a legislative or other governing body.

MTQ 3: Experience in integrating organizational performance plans and assessments (such as strategic goals and objectives, performance and accountability reporting) with the organization's financial management and budget processes.

EXECUTIVE CORE QUALIFICATIONS: All applicants must submit written statements describing accomplishments that would satisfy the ECQs. You must respond to all ECQs and address each one separately, as failure to do so will result in a rating of 'ineligible' for the position. You can find additional information on the ECQs in the Guide to Senior Executive Service Qualifications. A good competency-based qualifications statement should address the following elements for each ECQ: (a) the goal, problem, or activity and its challenge, (b) the context or environment in which the activity took place, (c) specific actions you took to address the challenge, and (d) the results or impact of the activity. Each accomplishment should be clear, concise, and emphasize your level of responsibilities, the scope and complexity of the programs you managed, and the results of your actions. You are strongly encouraged to review the Guide to Senior Executive Service Qualifications. The ECQ statement, addressing all five ECQs, may be no longer than ten pages.

ECQ 1 - Leading Change: This ECQ involves the ability to bring about strategic change, both within and outside the organization, to meet organizational goals. Inherent to this ECQ is the ability to establish an organizational vision and to implement it in a continuously changing environment.

ECQ 2 - Leading People: This ECQ involves the ability to lead people toward meeting the organization's vision, mission, and goals. Inherent to this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports the constructive resolution of conflicts.

ECQ 3 - Results Driven: This ECQ involves the ability to meet organizational goals and customer expectations. Inherent to this ECQ is the ability to make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks.

ECQ 4 - Business Acumen: This ECQ involves the ability to manage human, financial, and information resources strategically.

ECQ 5 - Building Coalitions: This ECQ involves the ability to build coalitions internally and with other federal agencies, state and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.

Education

Total background, including experience, education, awards, self-development, and training will be reviewed.

Additional information

1. The agency may reimburse relocation expenses.

2. If we select you for an initial career appointment to an SES position, the OPM QRB must approve your ECQs prior to appointment. A selection is tentative until we obtain a QRB certification.

3. You must complete a Declaration for Federal Employment before we can hire you in order to certify the accuracy of your written application and provide the information necessary to determine your suitability for federal employment.

4. If you are a male applicant born after December 31, 1959 and we select you for this position, you must certify prior to appointment that you registered for the military selective service.

5. If we select you for this position, you must complete personnel suitability documents. Your appointment is contingent upon the successful completion of an appropriate background investigation.

6. Veterans' preference does not apply to SES positions.

7. The FTC provides reasonable accommodations, where appropriate, to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please notify the FTC. The agency considers requests for reasonable accommodation on a case-by-case basis. Questions about the FTC's accommodation policy can be directed to Adam Mahan at amahan@ftc.gov.

8. The Ethics in Government Act, PL 95-521, requires the applicant selected for this position to submit a financial disclosure statement, SF-278, prior to assuming the SES position, annually while employed, and upon termination of employment. You may also be subject to post employment restrictions.

9. Your application includes information subject to the Privacy Act (P.L. 93-579, 5 U.S.C. 552a). This information is necessary to determine qualifications for employment, and collection is authorized under Title 5 of the U.S. Code, 3302 and 3361.

10. We will not accept applications received in government postage-paid envelopes.

11. To ensure compliance with an applicable nationwide preliminary injunction, which may be supplemented, modified, or vacated, depending on the course of ongoing litigation, the Federal Government will take no action to implement or enforce the COVID-19 vaccination requirement pursuant to Executive Order 14043 on Requiring Coronavirus Disease 2019 Vaccination for Federal Employees. Therefore, to the extent a Federal job announcement includes the requirement that applicants must be fully vaccinated against COVID-19 pursuant to Executive Order 14043, that requirement does not currently apply. Further, some jobs may be subject to agency- or job-specific vaccination requirements, so please review the job announcement for details.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

You will be evaluated for this position based on how well you meet the Mandatory Professional Credentials/Technical Qualifications and ECQs stated in this vacancy announcement.

You will be evaluated on the quality and extent of your total accomplishments, including experience, education, awards, self-development, and training. This information will be obtained from the application package, including the required narrative statements for the Mandatory Professional Credentials/Technical Qualifications and ECQs described in this vacancy announcement.

Your application package may be evaluated by a rating and ranking panel consisting of SES members. This evaluation will determine which applicants are Highly Qualified. Highly Qualified candidates may undergo an interview and a reference check.

The selecting official will review results and make recommendations on final selections to the Appointing Authority. Unless the OPM QRB has already certified you, your ECQs must be forwarded to the OPM QRB for certification before your appointment can occur.

Note: Veterans' preference does not apply to SES positions. This is in accordance with 5 USC 2108(3), which defines the term "preference eligible" and provides that this term does not include applicants for, or members of, the SES.

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