The Division of Financial Management (DFM) within the Wage and Hour Division oversees the agency's financial operations. DFM is responsible for the planning and implementation of programs in furtherance of the agency's mission and priorities including workforce planning, improved financial performance, budget formulation and execution and the accounting, financial reporting, and procurement functions for the organization.
Summary
The Division of Financial Management (DFM) within the Wage and Hour Division oversees the agency's financial operations. DFM is responsible for the planning and implementation of programs in furtherance of the agency's mission and priorities including workforce planning, improved financial performance, budget formulation and execution and the accounting, financial reporting, and procurement functions for the organization.
12 - There is no obligation to provide future promotions if you are selected. Promotions are dependent on your ability to perform the duties at a higher level, meet all the performance requirements, and the supervisor's recommendation to the next grade.
The Wage and Hour Division (WHD) is an essential labor law enforcement agency responsible for enforcing significant labor laws affecting nearly 150 million workers. Our mission is to protect rights related to minimum wage, overtime, child labor, family and medical leave, employment conditions for migrant workers, lie detector tests, garnishments, prevailing wages on government-funded contracts, labor provisions of several guest worker programs, and more.
The duties described below are similar to those of the full performance level but will be performed under closer than normal supervision. This position is designed to prepare the employee to perform the duties at the full performance level. As the employee progresses, the assignments will become more difficult and complex in preparation to successfully perform the duties at the next grade level. The career ladder progression for this position is GS-11/12.
As a Financial Management Specialist, you will perform the following duties which are not all-inclusive:
Understanding of basic accounting principles and the financial management systems, polices, and procedures in performing the examination, verification, and maintenance of financial accounts and financial data.
Assists senior financial and accounting professionals in coordinating financial proposals and recommendations to consult on systems and procedures, to provide technical assistance in all areas of financial management, and to post and provide proper classification of
financial data.
Analyzes a variety of complex system generated reports, Treasury documentation and other source data to complete monthly and quarterly reconciliations and ad hoc management reports.
Assists management in preparing responses to audit inquiries relating to the consolidated annual financial statement audits, or targeted financial audits.
Identifies issues, gathers, and analyzes financial information, and develops advice and guidance to resolve substantive problems.
Aids management on the design and modification of financial system operations, and the implementation of new application data releases.
Reviews and analyzes various accounting reports and data to identify the cause and resolution of transaction variances, problems and potential problems related to DOL's financial records (accounting system and sub-systems such as accounts payable (A/P), accounts receivable (A/R), travel, procurement, e-Travel, capitalized assets, and property management).
Monitors and processes obligations, liquidations, collections and disbursement operations for the various systems and processes.
Formulates a variety of routine financial reports and implementing fiscal year end closing procedures for assigned funds and processes.
Candidate required to obtain and maintain the necessary security/background investigation level.
Requires a probationary period if the requirement has not been met.
Qualifications
WHO MAY APPLY: Applicants who meet one of the employment authority categories below are eligible to apply for this job. You will be asked to identify which category or categories you meet, and to provide documents which prove you meet the category or categories you selected.
Career Transition Assistance Plan
Competitive Reinstatement
Current Federal Career/Career Conditional Employees with Competitive Status
Current Federal Career/Career Conditional Employees with Non-Competitive status
Interagency Career Transition Assistance Plan
Land Management Workforce Flexibility Act Eligible
Non-Competitive Reinstatement
OPM Interchange Agreement and Other Miscellaneous Authorities
Veterans Employment Opportunities Act
A full year of work is considered to be 35-40 hours of work per week. All experience listed on your resume must include the month and year start/end dates. Part-time experience will be credited on the basis of time actually spent in appropriate activities. Applicants wishing to receive credit for such experience must clearly indicate the nature of their duties and responsibilities in each position and the number of hours a week spent in such position. IN DESCRIBING YOUR EXPERIENCE, PLEASE BE CLEAR AND SPECIFIC. WE WILL NOT MAKE ASSUMPTIONS REGARDING YOUR EXPERIENCE.
To qualify for Financial Management Specialist, you must meet the education and/or experience requirements, as described below.
Specialized Experience: Applicants must have one year of specialized experience equivalent to at least the GS-09 grade level in the Federal Service. Specialized experience is the experience that equipped the applicant with the particular knowledge, skills, and abilities to successfully perform the duties of the position, and that is typically in or related to the position. Creditable specialized experience for this position includes performing the following types of tasks:
Compiling, preparing, and maintaining accounting data.
Analyzing financial data/information to prepare financial reports.
Performing audits and reviews of financial files, records, transactions, and ledgers to make recommendations for corrective actions.
-OR- Education: Education may be used to qualify for this position if the applicant completed a Ph.D. orequivalent doctoral degree or3 full years of progressively higher-level graduate education leading to such a degree or LL.M. The education must be in a field related to the position.
-OR- Combination of Education and Experience: A combination of education and experience may be used to qualify for this position as long as the computed percentage of the requirements is at least 100%. To compute the percentage of the requirements, divide your total months of experience by 12. Then divide the total number of completed graduate semester hours (or equivalent) beyond the second year (total graduate semester hours minus 36) by 18. Add the two percentages. The education must be in a field related to the position.
Time-in-grade requirements: Applicants must meet time-in-grade (52 weeks at the GS-09 grade level), time-after-competitive-appointment (90 days, if applicable), and qualifications requirements within 30 days, 07/25/2023, of the closing date of this announcement to be eligible for consideration. Current employees applying under VEOA are subject to time-in-grade restrictions.
Education
There are no education requirements for this position. However, if you wish to use your education as a basis for meeting the minimum qualification requirements, you must submit academic transcripts from an accredited institution demonstrating that you meet the qualifying education. If you do not submit sufficient academic documentation necessary to demonstrate that you meet the minimum qualification requirements based on education as described in this announcement, your application will be deemed incomplete, and you will receive no further consideration for this vacancy.
Any applicant falsely claiming an academic degree from an accredited school will be subject to actions ranging from disqualification from federal employment to removal from federal service.
If your education was completed at a foreign college or university, you must show comparability to education received in accredited educational institutions in the United States and comparability to applicable minimum coursework requirements for this position. Click Evaluation of Foreign Education for more information.
Additional information
The mission of the Department of Labor (DOL) is to protect the welfare of workers and job seekers, improve working conditions, expand high-quality employment opportunities, and assure work-related benefits and rights for all workers. As such, the Department is committed to fostering a workplace and workforce that promote equal employment opportunity, reflects the diversity of the people we seek to serve, and models a culture of respect, equity, inclusion, and accessibility where every employee feels heard, supported, and empowered.
Persons who are deaf, hard of hearing, blind, or have speech disabilities, please dial 711 to access telecommunications relay services.
This position is inside the bargaining unit. If the duty location is within the Washington, D.C. metropolitan area, the position will be included in the Local 12, AFGE bargaining unit. If the duty location is outside the Washington, D.C. metropolitan area, the position will be included in the NCFLL bargaining unit.
Telework eligibility is determined by management based on position duties during the recruitment process. Employee participation in telework on a routine or situational basis is determined by management primarily based on business needs. Employees participating in telework are subject to the terms and conditions of the Department of Labor's Telework Program.
Based on agency needs, additional selections may be made from this vacancy announcement.
Reference the "Required Documents" section for additional requirements.
Federal employees enjoy many benefits! As a new or existing federal employee, you and your family may have access to a range of benefits, such as:
The Federal Employee Health Benefits Program (FEHB). This program offers health insurance for you, your spouse and your children under the age of 26. It offers many different health plan choices, so you can find a plan that works best for you and your family.
Federal Employee Dental Vision Insurance Plan (FEDVIP) for a dental plan, a vision plan, or both types of insurance; life insurance.
Flexible Spending Accounts (FSA).
The Federal Employees Retirement System, which, after the appropriate number of years of service and at the right age, you can retire with a basic monthly annuity. This means a defined pension plan - which many private sector companies do not offer.
The Thrift Savings Plan or TSP, which is a 401K plan for Federal employees.
Earn annual and sick leave every pay period to use for vacation on sick time.
11 paid Federal holidays.
DOL also offers transit subsidy benefits, where you may be reimbursed for commuting.
Work-life balance is valued. DOL recognizes various expanded workplace flexibilities intended to support and enhance a productive workforce by providing various work schedule options that can help employees balance their responsibilities both at work and at home.
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
How you will be evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
All qualified applicants will be evaluated on the following key competencies:
The information you provide may be verified by a review of your paid, unpaid, volunteer, and other lived experience, as it demonstrates the competencies or skills required for the position to be filled. Your evaluation may include an interview, reference checks, or other assessment conducted by HR specialists, subject matter experts, or panel members and may include other assessment tools (ex. interview, structured interview, written test, work sample, etc.). The examining Office of Human Resources (OHR) makes the final determination concerning applicant ratings. Your resume MUST provide sufficient information to substantiate your vacancy question responses. If not, the OHR may amend your responses to more accurately reflect the level of competency indicated by the content of your resume.
INFORMATION FOR ICTAP/CTAP ELIGIBLE(S) ONLY: If you are eligible for special priority selection under ICTAP/CTAP, you must be well-qualified for the position to receive consideration. ICTAP/CTAP eligible(s) will be considered "well-qualified" if they attain at least a rating score of 85 in a numerical rating scheme. Be sure to review the eligibility questions to reflect that you are applying as an ICTAP or CTAP eligible and submit supporting documentation.
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
The following documents must be submitted (if applicable to your status) by 11:59 p.m. (ET) on the vacancy closing date. You are not required to submit a document if it does not apply to you. WARNING: If you submit a document using the same document title, the 2nd submission will OVERWRITE the 1st submission. You may either combine same document types as one file or select a different document title. DO NOT upload password-protected documents.
PLEASE READ CAREFULLY - not submitting the required documentation, may disqualify you from consideration.
Resumes are requiredfor all applicants- provide a resume either by creating one in USAJOBS or uploading one from your computer and USAJOBS profile. To receive full consideration for relevant and specialized experience, please list the month, year, and the number of work hours worked for the experience listed on your resume. We also suggest that you preview the vacancy questions and confirm that your resume supports your question responses.
SF-50 - If applying as a status candidate with current or former Federal Service, please provide a copy of your last or most recent SF-50, "Notification of Personnel Action" which shows your appointment eligibility for the position for which you are applying. Your SF-50 must identify the highest grade you held on a permanent basis, Pay Plan/Pay Schedule, Series, and Grade/Pay Band, and career status. Multiple SF-50 may be submitted to demonstrate your highest previous rate and eligibility. *WARNING: An award SF-50 (ex. cash or time off award) may not indicate grade, step, and competitive status. Your SF-50 must include enough information to be able to determine that time-in-grade requirements. In addition to submitting a current SF-50, examples of appropriate SF-50s that verify time-in-grade include Promotions, Within-grade Increases, and SF-50s with an effective date more than one year old. Current DOL employees - an award SF-50 DOESNOT indicate grade and step and WILLNOT prove time-in-grade.
Most recent performance appraisal/evaluation signed and dated within 18 months is requested by the agency but will not disqualify candidates if not submitted. If not submitted during the application process, one may/will be requested at the time of the interview if the opportunity is extended. In most cases, ICTAP/CTAP applicants must submit this document - please see ICTAP/CTAP links below for more details.
Displaced Employee Placement Documents - Only required if requesting priority consideration under Interagency Career Transition Assistance Plan (ICTAP) and Career Transition Assistance Plan (CTAP) Eligibility. Click/Review these ICTAP/CTAP links to confirm what must be submitted as proof that the requirement has been met.
DD-214 - verifying military service, eligibility for consideration under the Veterans Employment Opportunity Act (VEOA) and showing the character of discharge (ex. Member Copy 4 and 2 are acceptable. Copy 1 is not acceptable to adjudicate veteran's preference).
Land Management Eligible(s): a copy of your most recent Notification of Personnel Action (SF-50 or equivalent)proving your eligibility for appointment under the Land Management Workforce Flexibility Act. This service must have been performed in the competitive service, under a time-limited appointment in a Land Management Agency, as defined by P.L. 114-328. For more information, click here.
Cover Letters are not mandatory and will not be used to verify experience but may be submitted.
Unofficial Transcript(s) (in English) - If you are using education as a basis for qualifying for this position, you must submit all applicable academic transcripts demonstrating that you meet the qualifying educational requirements. NOTE: The OFFICIAL transcript(s) must be received, if you are selected, and prior to receiving the firm offer with a start date. Reference the "Education Section" for College Transcript and Evaluation of Foreign Education.
Applicants selected for employment who are not current DOL employees will be required to provide proof of citizenship, and the E-Verify system will be used to confirm the employment eligibility of all new hires.
If you are relying on your education to meet qualification requirements:
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
To apply for this position, you must complete the initial online application, including submission of the required documentation specified in the "Required Documents" section.
Follow the steps below to apply. Your application and ALL required supplemental documents MUST be received by 11:59 pm Eastern Time (ET) on the vacancy closing date to receive consideration. Paper applications and supplemental documents submitted in any other manner without prior approval from the vacancy contact will not be considered. Click here for information on Reasonable Accommodations.
SAVE your information before the 30 MINUTE TIMEOUT! For help, go to USAJOBS Help Center
STEP 1 - Create a USAJOBS Account on www.usajobs.gov, including your Resume and Saved Documents. Your resume must provide sufficient information to substantiate your responses to the self-assessment vacancy questions. If not, HR may amend your responses to more accurately reflect the competency indicated by resume content. FOR EACH EMPLOYMENT PERIOD, include: start/end month & year and note full-time or part-time (if part-time, include # of hours worked per week); otherwise, your application may be considered incomplete.
STEP 2 - Complete the 1st part of the application process (USAJOBS). Once you have identified a job on www.usajobs.gov that you wish to apply for, click on the title and click the Apply button. For questions about the vacancy, contact the Agency Contact at the bottom of the announcement. Click "Start Application" and proceed through the 5 steps noted at the top of the USAJOBS page. You will be able to select a resume and documents from your USAJOBS Account that you can submit as a package as part of your DOL application. In Step 5, click "Continue to Agency Site".
STEP 3 - Complete the 2nd part of the application process (DOL). On the Department of Labor (DOL) page, create a DOL Account if you have not already, and click "APPLY TO THIS VACANCY". Continue through the 7 progress steps indicated by circles at the top of the DOL page. The 3rd progress step is where you answer the vacancy-specific questions. The 4th progress step "Documents" is where you submit the required documents (only if applicable to you) specified in the "Required Documents" section of this vacancy. If you submit a document using the same document title, the 2nd submission will OVERWRITE the 1st submission.
STEP 4 - On the "Review and Submit" step, click "Submit Application." The last "Confirmation" step will turn green noting that your application was submitted successfully.
STEP 5 - Edit Application as needed by 11:59 pm ET of the Closing Date by returning to USAJOBS, clicking the vacancy, then "Update Application."
NOTE: It is your responsibility to ensure your responses and appropriate documentation is submitted prior to the closing date.
Wage and Hour Division
200 Constitution Avenue NW
Washington, DC 20210
US
Next steps
Once your complete application is received, we will conduct an evaluation of your qualifications and refer candidates for selection consideration. Candidates will be referred to the hiring manager for further consideration and possible interviews. You will be notified of the outcome. A selection is expected to be made within 30 calendar days of the issuance date of the certificate.
For instructions on how to check the status of your application, go to USAJOBS Help Guide.
USAJOBS will no longer send status alert email notifications. You can check your application status in the TAS by logging into USAJOBS and in the Applicant Dashboard, click the hiring agency Talent Acquisition System (TAS). If the TAS does not provide application tracking information, contact the agency's point of contact on the job announcement.
To verify your application is complete, log into your USAJOBS account, https://my.usajobs.gov/Account/Login, select the Application Status link, and then select the more information link for this position. The Application page will display the status of your application, the documentation received and processed, and any correspondence the agency has sent related to this application. Your uploaded documents may take several hours to clear the virus scan process. To return to an incomplete application, log into your USAJOBS account and click Update Application in the vacancy announcement. You must re-select your resume and/or other documents from your USAJOBS account or your application will be incomplete.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
The following documents must be submitted (if applicable to your status) by 11:59 p.m. (ET) on the vacancy closing date. You are not required to submit a document if it does not apply to you. WARNING: If you submit a document using the same document title, the 2nd submission will OVERWRITE the 1st submission. You may either combine same document types as one file or select a different document title. DO NOT upload password-protected documents.
PLEASE READ CAREFULLY - not submitting the required documentation, may disqualify you from consideration.
Resumes are requiredfor all applicants- provide a resume either by creating one in USAJOBS or uploading one from your computer and USAJOBS profile. To receive full consideration for relevant and specialized experience, please list the month, year, and the number of work hours worked for the experience listed on your resume. We also suggest that you preview the vacancy questions and confirm that your resume supports your question responses.
SF-50 - If applying as a status candidate with current or former Federal Service, please provide a copy of your last or most recent SF-50, "Notification of Personnel Action" which shows your appointment eligibility for the position for which you are applying. Your SF-50 must identify the highest grade you held on a permanent basis, Pay Plan/Pay Schedule, Series, and Grade/Pay Band, and career status. Multiple SF-50 may be submitted to demonstrate your highest previous rate and eligibility. *WARNING: An award SF-50 (ex. cash or time off award) may not indicate grade, step, and competitive status. Your SF-50 must include enough information to be able to determine that time-in-grade requirements. In addition to submitting a current SF-50, examples of appropriate SF-50s that verify time-in-grade include Promotions, Within-grade Increases, and SF-50s with an effective date more than one year old. Current DOL employees - an award SF-50 DOESNOT indicate grade and step and WILLNOT prove time-in-grade.
Most recent performance appraisal/evaluation signed and dated within 18 months is requested by the agency but will not disqualify candidates if not submitted. If not submitted during the application process, one may/will be requested at the time of the interview if the opportunity is extended. In most cases, ICTAP/CTAP applicants must submit this document - please see ICTAP/CTAP links below for more details.
Displaced Employee Placement Documents - Only required if requesting priority consideration under Interagency Career Transition Assistance Plan (ICTAP) and Career Transition Assistance Plan (CTAP) Eligibility. Click/Review these ICTAP/CTAP links to confirm what must be submitted as proof that the requirement has been met.
DD-214 - verifying military service, eligibility for consideration under the Veterans Employment Opportunity Act (VEOA) and showing the character of discharge (ex. Member Copy 4 and 2 are acceptable. Copy 1 is not acceptable to adjudicate veteran's preference).
Land Management Eligible(s): a copy of your most recent Notification of Personnel Action (SF-50 or equivalent)proving your eligibility for appointment under the Land Management Workforce Flexibility Act. This service must have been performed in the competitive service, under a time-limited appointment in a Land Management Agency, as defined by P.L. 114-328. For more information, click here.
Cover Letters are not mandatory and will not be used to verify experience but may be submitted.
Unofficial Transcript(s) (in English) - If you are using education as a basis for qualifying for this position, you must submit all applicable academic transcripts demonstrating that you meet the qualifying educational requirements. NOTE: The OFFICIAL transcript(s) must be received, if you are selected, and prior to receiving the firm offer with a start date. Reference the "Education Section" for College Transcript and Evaluation of Foreign Education.
Applicants selected for employment who are not current DOL employees will be required to provide proof of citizenship, and the E-Verify system will be used to confirm the employment eligibility of all new hires.
If you are relying on your education to meet qualification requirements:
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
To apply for this position, you must complete the initial online application, including submission of the required documentation specified in the "Required Documents" section.
Follow the steps below to apply. Your application and ALL required supplemental documents MUST be received by 11:59 pm Eastern Time (ET) on the vacancy closing date to receive consideration. Paper applications and supplemental documents submitted in any other manner without prior approval from the vacancy contact will not be considered. Click here for information on Reasonable Accommodations.
SAVE your information before the 30 MINUTE TIMEOUT! For help, go to USAJOBS Help Center
STEP 1 - Create a USAJOBS Account on www.usajobs.gov, including your Resume and Saved Documents. Your resume must provide sufficient information to substantiate your responses to the self-assessment vacancy questions. If not, HR may amend your responses to more accurately reflect the competency indicated by resume content. FOR EACH EMPLOYMENT PERIOD, include: start/end month & year and note full-time or part-time (if part-time, include # of hours worked per week); otherwise, your application may be considered incomplete.
STEP 2 - Complete the 1st part of the application process (USAJOBS). Once you have identified a job on www.usajobs.gov that you wish to apply for, click on the title and click the Apply button. For questions about the vacancy, contact the Agency Contact at the bottom of the announcement. Click "Start Application" and proceed through the 5 steps noted at the top of the USAJOBS page. You will be able to select a resume and documents from your USAJOBS Account that you can submit as a package as part of your DOL application. In Step 5, click "Continue to Agency Site".
STEP 3 - Complete the 2nd part of the application process (DOL). On the Department of Labor (DOL) page, create a DOL Account if you have not already, and click "APPLY TO THIS VACANCY". Continue through the 7 progress steps indicated by circles at the top of the DOL page. The 3rd progress step is where you answer the vacancy-specific questions. The 4th progress step "Documents" is where you submit the required documents (only if applicable to you) specified in the "Required Documents" section of this vacancy. If you submit a document using the same document title, the 2nd submission will OVERWRITE the 1st submission.
STEP 4 - On the "Review and Submit" step, click "Submit Application." The last "Confirmation" step will turn green noting that your application was submitted successfully.
STEP 5 - Edit Application as needed by 11:59 pm ET of the Closing Date by returning to USAJOBS, clicking the vacancy, then "Update Application."
NOTE: It is your responsibility to ensure your responses and appropriate documentation is submitted prior to the closing date.
Wage and Hour Division
200 Constitution Avenue NW
Washington, DC 20210
US
Next steps
Once your complete application is received, we will conduct an evaluation of your qualifications and refer candidates for selection consideration. Candidates will be referred to the hiring manager for further consideration and possible interviews. You will be notified of the outcome. A selection is expected to be made within 30 calendar days of the issuance date of the certificate.
For instructions on how to check the status of your application, go to USAJOBS Help Guide.
USAJOBS will no longer send status alert email notifications. You can check your application status in the TAS by logging into USAJOBS and in the Applicant Dashboard, click the hiring agency Talent Acquisition System (TAS). If the TAS does not provide application tracking information, contact the agency's point of contact on the job announcement.
To verify your application is complete, log into your USAJOBS account, https://my.usajobs.gov/Account/Login, select the Application Status link, and then select the more information link for this position. The Application page will display the status of your application, the documentation received and processed, and any correspondence the agency has sent related to this application. Your uploaded documents may take several hours to clear the virus scan process. To return to an incomplete application, log into your USAJOBS account and click Update Application in the vacancy announcement. You must re-select your resume and/or other documents from your USAJOBS account or your application will be incomplete.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
