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Accountant, CG-510-11 (FPL:12)

Federal Deposit Insurance Corporation
This job announcement has closed

Summary

There are two positions located in the Division of Resolutions and Receiverships, of the Federal Deposit Insurance Corporation and carrying out the plans, projects, and reports necessary in support of the administration, operation, and maintenance of an effective Corporate Accounting System.

Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.

Overview

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Hiring complete
Open & closing dates
06/17/2024 to 07/01/2024
Salary
$86,702 to - $148,641 per year
Pay scale & grade
CG 11
Locations
2 vacancies in the following locations:
Washington, DC
Dallas, TX
Remote job
No
Telework eligible
Yes—The FDIC offers position-specific telework options. Please see the Additional Information section below for more information. Telework options are subject to change.
Travel Required
Occasional travel - May require occasional overnight travel.
Relocation expenses reimbursed
Yes—Relocation benefits may be authorized in accordance with FDIC policy.
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
12
Job family (Series)
Supervisory status
No
Security clearance
Other
Drug test
No
Position sensitivity and risk
Moderate Risk (MR)
Trust determination process
Announcement number
2024-DRR-DB507
Control number
796121900

This job is open to

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Clarification from the agency

This position is open to all United States Citizens. Applicants with status or those eligible under special hiring authorities, should apply under FDIC merit promotion announcement 2024-DRR-B507. However, if you desire consideration also under this public non-status announcement, you must apply to both. Status applicants are current permanent Federal employees in the competitive service and former Federal employees with reinstatement eligibility.

Duties

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At the full performance level, major duties include:

  • Handles special assignments and requests, develops independent approaches, reaches tentative solutions and recommendations, and effectively structures all necessary papers, schedules, and supporting documentation when reporting results or analysis of operations.
  • Assists in operational reviews and the planning and directing of modifications and improvements to existing accounting systems, using practices and techniques developed within the Corporation.
  • Coordinates the resolution of accounting system problems arising from factors such as changes in legislation, industry standards, or corporation policy.
  • Maintains data integrity within prescribed General Ledger systems, automating manual processes, and coordinating and communicating system changes.  Systems include, but are not limited to the general ledger and accounting, asset management, asset servicing, liability and liquidation. Provides technical advice on system accounting matters.
  • Streamlines and automates labor intensive manual processes while maintaining internal controls. Assists in designing subsystems, drafting the functional requirements documents, and coordinating the design of the system with the contractor. Creates and updates specification for the development and maintenance of General Ledger systems for all aspects of their processing, including the input process, posting, system tables, editing, systems documentation, report development, and user documentation.
  • Initiates, develops, and maintains good working relationships with staff members, supervisory personnel, and other members in government and the accounting profession conducive to sound accounting practices and procedures.
  • Provides technical advice to local management on accounting issues.
  • Prepares and/or reviews and approves highly complex analytical reports related to disposition and sales of assets, financial activities and any other accounting information requested by Corporation Officials, the Courts, and other government agencies.
  • Represents the division as part of design teams for Corporate system initiatives that have a potential impact on assigned General Ledger systems.

Requirements

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Conditions of employment

Registration with the Selective Service.

U.S. Citizenship is required.  

Employment Conditions.

Completion of Financial Disclosure may be required.

Minimum Background Investigation (MBI) required.

Qualifications

Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic, religious/spiritual; community; student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Additional qualifications information can be found here.

Basic Requirement:

  1. Degree: accounting; or a degree in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law. (The term "accounting" means "accounting and/or auditing" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.")

OR

  1. Combination of education and experience: at least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:
  2. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;
  3. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or
  4. Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that

(a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining;

(b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and

(c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant's education, training, and experience fully meet the specified requirements.

AND 

Specialized Experience: To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the CG-9 grade level or above in the Federal service.  Specialized experience is defined as Specialized experience is defined as experience in applying generally accepted accounting principles (GAAP) to record financial transactions; performing analyses of accounting data; and generating and presenting management and financial data reports.

OR 

You may substitute education as follows:

  1. You must have earned a Ph.D. or equivalent doctoral degree or 3 full years of progressively higher level graduate education leading to such a degree in accounting or a related field.
  2. Have a combination of education and experience that meets the requirements for the CG-11. You must have graduate level education as described above, beyond the 2nd full year of graduate level education and specialized experience as describe above that together meet the qualification requirements for this position.
Applicants eligible for ICTAP (Interagency Career Transition Assistance Program) must achieve a score of 80 or higher in the online assessment to be determined “well qualified” for this position. For more information, click here.

Education

See Qualifications.

Additional information

Selectee(s) for this position will be required to report to their duty station office at least 1 day per pay period beginning January 2, 2024, and at their supervisor’s direction to support mission and project needs. In person reporting requirements are expected to increase in July 2024.

The range of pay shown includes base pay plus supplemental locality adjustments. The locality rates for these duty locations range from a low of 26.91% to a high of 33.41%. Pay will vary by grade level and the locality rate for the geographic location where the position is located. For more on FDIC locality rates, click here.

If selected, you may be required to serve a probationary or trial period as applicable to appointment type.

To read about your rights and responsibilities as an applicant for Federal employment, click here.

How you will be evaluated

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

Your resume and the online assessment questionnaire will be reviewed to determine whether you meet the qualification requirements outlined in this announcement. Therefore, it is imperative that your resume contain sufficiently detailed information upon which to make the qualification determination. Please ensure that your resume contains specific information such as position titles, beginning and ending dates of employment for each position, average number of hours worked per week, and if the position is/was in the Federal government, you should provide the position series and grade level.

Your resume will also be evaluated to measure your responses to the assessment questions. If you rated yourself higher on the questionnaire than what is supported by your resume, your overall qualifications assessment may be adversely affected.

If you are found qualified, you will be placed in one of three categories: Best Qualified, Highly Qualified, or Qualified. These category assignments are a measure of the degree in which your background and responses to the assessment questions match the competencies/knowledge, skills, and abilities (KSAs) listed below. Within these categories, candidates eligible for veterans’ preference will receive selection priority over non-veterans.

1. Ability to apply accounting principles, concepts, and practices in order to perform accounting operation assignments.

2. Ability to apply liquidation and receivership accounting practices in order to provide recommendations assisting in the management of the FDIC accounting responsibilities of financial institutions and resolving problems posted to the General Ledger.

3. Ability to apply General Ledger systems data structure and standard database application to provide accounting and financial information.

4. Ability to analyze facts, draw conclusions, and develop recommendations and solutions to accounting policy, systems, and reporting problems.

5. Ability to establish and maintain an accounting control and records system.

6. Ability to use PC software applications including Microsoft Office applications.

7. Ability to communicate to provide information and guidance to management officials.  

You do not need to respond separately to these KSAs. Your answers to the online questionnaire and resume will serve as responses to the KSAs. 


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