The CFO is responsible for implementing the Chief Financial Officers Act, the Federal Managers' Financial Integrity Act, and the Government Management Reform Act. In addition, the incumbent ensures compliance with appropriations law, FAR, applicable accounting standards and principles, and financial information and system functional standards; manages directly or participates in the design, development, and implementation of internal control and risk management systems.
Summary
The CFO is responsible for implementing the Chief Financial Officers Act, the Federal Managers' Financial Integrity Act, and the Government Management Reform Act. In addition, the incumbent ensures compliance with appropriations law, FAR, applicable accounting standards and principles, and financial information and system functional standards; manages directly or participates in the design, development, and implementation of internal control and risk management systems.
The CFO is responsible for providing executive leadership and direction to EDA for the full cycle of financial management functions from planning and securing resources through the budget process to executing these resources through the acquisition process to recording and reporting these transactions in financial operations. The incumbent directs these programs through subordinate staff, reviews, and evaluates the adequacy and effectiveness of these programs.
The incumbent is responsible for the operation and management of the Budget and Finance Division, which includes enterprise risk management and acquisition functions. He/she will assess the quality and effectiveness of customer service to internal and external customers and adjust resources to ensure that top-quality customer service is available. The CFO will incorporate application of industry best practices as appropriate and foster an environment of continuous improvement.
Specific responsibilities include:
Formulate a budget that reflects the policy and programmatic goals of EDA, the Department of Commerce (DOC), and the Executive Branch.
Develop and/or oversee the implementation of programs and processes that ensure robust monitoring of financial transactions and budget execution to achieve complete compliance with applicable laws and regulations as well as internal and external policy, and adopt adequate measures to address anomalies and eliminate/mitigate the risk of future non-compliance.
Oversee accurate allocation of costs among budget accounts and evaluate proposals for reprogramming of funds, advising managers and bureau leadership on all appropriate compliance measures and ensuring that approved transfers of budget authority between budget accounts are consistent with reprogramming regulations.
Establish financial management controls and administrative policies and practices for EDA and set the direction and provide guidance where appropriate to ensure all budgetary, financial, accounting, and administrative directives are disseminated and properly integrated at the appropriate levels throughout the organization.
Oversee the acquisition cycle, from acquisition planning through contract closeout, to ensure EDA efficiently procures goods and services to meet mission goals while ensuring compliance with the Federal Acquisition Regulation and appropriations laws and promoting the achievement of Department of Commerce and EDA acquisition performance goals.
If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
File a Confidential Financial Disclosure Report OGE-278e within 30 days of appointment and annually thereafter.
You may be required to obtain and maintain an interim and final security clearance prior to entering on duty. Failure to obtain and maintain the required level of clearance may result in the withdrawal of a job offer or removal.
There are three key documents that contain important information about your rights and obligations. Please read and retain these documents:
FD-258 Privacy Act Statement - FBI (this is the same statement used when your fingerprints are submitted as part of your background investigation), and
SEAD-3-Reporting-U.pdf (dni.gov), (applicable to those who hold a sensitive position or have eligibility for access to classified information)
Qualifications
Candidates should be committed to improving the efficiency of the federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution. Candidates will not be hired based on their race, sex, color, religion, or national origin.
To meet the minimum qualification requirements for this position, you must show that you possess the Executive Core Qualifications (ECQ) and Professional Technical Qualifications (PTQ) related to this position within your resume - NOT TO EXCEED 2 PAGES.
Resumes over the 2-page limit will not be reviewed and will be disqualified. Your resume should be 2 pages or fewer and must not include images, graphics, or hyperlinks (including publications and/or social media). Your resumes should include examples of experience, education, and accomplishments applicable to the qualification(s). If your resume does not reflect demonstrated evidence of these qualifications, you may not receive consideration for the position.
There is NO requirement to prepare a narrative statement specifically addressing the Executive Core Qualifications (ECQs) or the Professional Technical Qualifications (PTQs).
PROFESSIONAL/TECHNICAL QUALIFICATIONS (PTQs): Your resume should demonstrate accomplishments that would satisfy the technical qualifications.
Demonstrated experience leading a team responsible for the full range of financial planning and financial management; knowledge of financial management processes; an understanding of budget, financial, and cost accounting and reporting; familiarity with automated financial systems; and the ability to oversee the development and implementation of a multi-year strategic plan for the financial needs of an organization.
Working knowledge of federal contracting policies, principles, and practices, including contracting strategy and portfolio planning.
EXECUTIVE CORE QUALIFICATIONS (ECQs): In addition to the technical qualification requirements listed above, all new entrants into the Senior Executive Service (SES) under a career appointment will be assessed for executive competency against the following five mandatory ECQs. If your 2-page resume does not reflect demonstrated evidence of the ECQs and TQs, you may not receive further consideration for the position.
ECQ 1: Commitment to the Rule of Law and the Principles of the American Founding - This core qualification requires a demonstrated knowledge of the American system of government, commitment to uphold the Constitution and the rule of law, and commitment to serve the American people.
ECQ 2: Driving Efficiency-This core qualification involves the demonstrated ability to strategically and efficiently manage resources, budget effectively, cut wasteful spending, and pursue efficiency through process and technological upgrades.
ECQ 3: Merit and Competence-This core qualification involves the demonstrated knowledge, ability, and technical competence to effectively and reliably produce work that is of exceptional quality.
ECQ 4: Leading People-This core qualification involves the demonstrated ability to lead and inspire a group toward meeting the organization's vision, mission, and goals and to drive a high-performance, high-accountability culture. This includes, when necessary, the ability to lead people through change and to hold individuals accountable.
ECQ 5: Achieving Results-This core qualification involves the demonstrated ability to achieve both individual and organizational results and to align results to stated goals from superiors.
Note: Applicants who are current or former members of the SES, have SES reinstatement eligibility, or have been certified through successful participation in an OPM-approved SES Candidate Development Program (SESCDP) should submit supporting documentation (e.g., SF-50 or OPM Qualifications Review Board (QRB) certification) reflecting their eligibility for noncompetitive appointment to the SES.
Education
This position does not have a positive education requirement.
Additional information
Mobility: Organizational and geographical mobility is essential in developing and managing SES leaders. Individuals selected for SES positions may be subject to reassignment across geographical, organizational, and functional lines and may be required to sign a Reassignment Rights and Obligation Agreement.
Veterans Preference: Veterans' preference is not applicable to the SES.
False Statements: If you make a false statement in any part of your application, you may not be hired, you may be fired after you begin work, or you may be subject to a fine, imprisonment, or other disciplinary action.
OPM must authorize any employment offers made to current or former (within the last five (5) years) political Schedule A, Schedule C, or non-career SES employees in the executive branch. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, or non-career SES employee in the executive branch, you must disclose that to the Human Resources Office.
Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.
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.
Once the application process is complete, a review of your resume and supporting documentation will be conducted. If you meet minimum qualifications, your application package will be further reviewed to determine if you possess the Executive Core Qualifications (ECQ) and Professional Technical Qualifications (PTQ) listed above. ECQs and PTQs must be thoroughly addressed in your two-page resume. Separate narratives will not be accepted or reviewed. Highly qualified applicants may undergo one or more interviews and may be referred to the selecting official for further consideration.
Upon selection, if not already a member of the SES serving under a career appointment, the individual selected must have his/her executive qualifications certified by the U.S. Office of Personnel Management's SES Qualifications Review Board (QRB) before appointment to this position. The selected individual's application will be forwarded to the OPM for review and certification by the QRB, unless the selectee provides evidence of their noncompetitive status (i.e., a current SES, an OPM QRB-certified SESCDP graduate, or SES reinstatement eligible). Upon QRB certification, the selected individual will be required to serve a one-year probationary period. For more information regarding the SES, go to https://www.opm.gov/policy-data-oversight/senior-executive-service/.
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.
A complete application includes items described below. Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible).
Please carefully review the following list to determine what documentation you need to submit. Some documents may not apply to all applicants.
1. RESUME: All applicants are required to submit a resume limited to two (2) pages (i.e., 1 page that is double-sided or 2 one-sided pages each) showing all relevant experience. Applicants seeking an initial career appointment to the Senior Executive Service (SES) must include evidence of the ECQs and TQs. PLEASE DO NOT USE THE USAJOBS RESUME BUILDER.
2. VACANCY QUESTION/ASSESSMENT QUESTIONNAIRE RESPONSES: Responses are automatically submitted through USA Jobs when you apply to this vacancy.
3. ADDITIONAL REQUIRED DOCUMENTS: Applicants are required to submit the following supporting documentation if applicable:
CURRENT OR FORMER SES MEMBERS: You must provide your SES appointment SF-50 (Notification of Personnel Action) and an SF-50 showing current career SES status or career SES reinstatement eligibility.
SES CANDIDATE DEVELOPMENT PROGRAM (SESCDP) GRADUATES: Verification of successful completion of an OPM-approved SESCDP and OPM SES QRB certification.
CURRENT FEDERAL CIVIL SERVICE EMPLOYEE: Must provide a copy of your Notification of Personnel Action, Standard Form 50 (SF-50), or equivalent personnel action form reflecting you are a current Federal Civil Service employee.
STRONGLY RECOMMENDED: Most recent performance evaluation.
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 this application and submit any required documents specified in the Required Documents section and submit by 11:59 PM (EST) on the closing date of the announcement to receive consideration.
To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application.
Follow the prompts to select and upload your résumé and/or other required documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process.
After acknowledging you have reviewed your application package, complete the "Include Personal Information" section as you deem appropriate and click to continue with the application process.
You will be taken to the online application, which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application.
It is the applicant's responsibility to verify that the information entered and uploaded (i.e., resume and other required documents) is complete, accurate, and submitted by the closing date. Human Resources will not modify or change any part of your application.
Application packages will NOT be accepted via mail. Due to security processes, mail delivery takes approximately 2-3 weeks to process, at which time the vacancy announcement will be closed, and no further consideration will be given to additional application packages.
NEED ASSISTANCE: The USAJOBS Support Desk is available Monday through Friday, 7am - 8pm EST; Saturday and Sunday, 8am - 4pm EST (excluding federal holidays). USAJOBS does not provide direct phone support.
Economic Development Administration
1401 Constitution Ave NW
Washington, DC 20230
US
Next steps
To verify the status of your application, sign in to your USAJOBS account (https://www.usajobs.gov/); all of your applications will appear on the Welcome screen. The application status will appear along with the date your application was last updated. For information on what each application status means, visit: https://help.usajobs.gov/how-to.
Once your online application is submitted, you will receive a confirmation notification by email. Your application will be evaluated by the Human Resources Office to determine your eligibility for the position. After the evaluation is complete, you will receive another notification regarding the status of your application.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
A complete application includes items described below. Please note that if you do not provide all required information, as specified in this announcement, you may not be considered for this position (or may not receive the special consideration for which you may be eligible).
Please carefully review the following list to determine what documentation you need to submit. Some documents may not apply to all applicants.
1. RESUME: All applicants are required to submit a resume limited to two (2) pages (i.e., 1 page that is double-sided or 2 one-sided pages each) showing all relevant experience. Applicants seeking an initial career appointment to the Senior Executive Service (SES) must include evidence of the ECQs and TQs. PLEASE DO NOT USE THE USAJOBS RESUME BUILDER.
2. VACANCY QUESTION/ASSESSMENT QUESTIONNAIRE RESPONSES: Responses are automatically submitted through USA Jobs when you apply to this vacancy.
3. ADDITIONAL REQUIRED DOCUMENTS: Applicants are required to submit the following supporting documentation if applicable:
CURRENT OR FORMER SES MEMBERS: You must provide your SES appointment SF-50 (Notification of Personnel Action) and an SF-50 showing current career SES status or career SES reinstatement eligibility.
SES CANDIDATE DEVELOPMENT PROGRAM (SESCDP) GRADUATES: Verification of successful completion of an OPM-approved SESCDP and OPM SES QRB certification.
CURRENT FEDERAL CIVIL SERVICE EMPLOYEE: Must provide a copy of your Notification of Personnel Action, Standard Form 50 (SF-50), or equivalent personnel action form reflecting you are a current Federal Civil Service employee.
STRONGLY RECOMMENDED: Most recent performance evaluation.
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 this application and submit any required documents specified in the Required Documents section and submit by 11:59 PM (EST) on the closing date of the announcement to receive consideration.
To begin, click Apply to access the online application. You will need to be logged into your USAJOBS account to apply. If you do not have a USAJOBS account, you will need to create one before beginning the application.
Follow the prompts to select and upload your résumé and/or other required documents to be included with your application package. You will have the opportunity to upload additional documents to include in your application before it is submitted. Your uploaded documents may take several hours to clear the virus scan process.
After acknowledging you have reviewed your application package, complete the "Include Personal Information" section as you deem appropriate and click to continue with the application process.
You will be taken to the online application, which you must complete in order to apply for the position. Complete the online application, verify the required documentation is included with your application package, and submit the application.
It is the applicant's responsibility to verify that the information entered and uploaded (i.e., resume and other required documents) is complete, accurate, and submitted by the closing date. Human Resources will not modify or change any part of your application.
Application packages will NOT be accepted via mail. Due to security processes, mail delivery takes approximately 2-3 weeks to process, at which time the vacancy announcement will be closed, and no further consideration will be given to additional application packages.
NEED ASSISTANCE: The USAJOBS Support Desk is available Monday through Friday, 7am - 8pm EST; Saturday and Sunday, 8am - 4pm EST (excluding federal holidays). USAJOBS does not provide direct phone support.
Economic Development Administration
1401 Constitution Ave NW
Washington, DC 20230
US
Next steps
To verify the status of your application, sign in to your USAJOBS account (https://www.usajobs.gov/); all of your applications will appear on the Welcome screen. The application status will appear along with the date your application was last updated. For information on what each application status means, visit: https://help.usajobs.gov/how-to.
Once your online application is submitted, you will receive a confirmation notification by email. Your application will be evaluated by the Human Resources Office to determine your eligibility for the position. After the evaluation is complete, you will receive another notification regarding the status of your application.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
