Systems Accountant

Summary

The Property Accounting and Reporting Division is responsible for the full range of property and financial management functions to identify all FAA assets. The division ensures that asset costs are correctly classified, and the costs are timely capitalized. The Capitalization Policy and Performance Branch is responsible for the development, interpretation, dissemination, and oversight of Property, Plant, and Equipment policy, and all applicable Federal guidelines.

Duties

• The Systems Accountant maintains FAA financial policies and procedures for capitalization under the minimal direction of the manager or other experienced professionals. Interprets Federal regulations and reconciles the impact on current FAA procedures and operations. Evaluates impacts of proposals or enactments of various PP&E policies from regulatory agencies to include the Office of Management and Budget (OMB), Federal Accounting Standard Advisory Board (FASAB), and the U.S. Treasury. Utilizes technical writing skills to amend, and/or draft new requirements as needed, and works with other AFM staff to develop dissemination strategies for implementation and compliance. Applies experience and subject matter expert knowledge of accounting principles and applications to advise FAA Line of Business/Staff Offices (LOB/SO) on matters relating to capitalization and system developments, including the National Project Capitalization Tool. Acts as a point of contact to provide advice and guidance on the application of property accounting policies and procedures to FAA programs and systems. Responds to inquiries for capitalization program support and performs capitalization quality assurance (QA) reviews in support of the agency requirements for the financial audit process. Prepares written responses to auditor inquires and development of Corrective Action Plans from financial statement audit. Interacts with LOB/SO and external audit stakeholders to include Department of Transportation (DOT), Treasury Department and independent contractor audit vendors to ensure compliance with PP&E policies throughout the audit process. Serves as a subject matter expert to FAA LOB/SO on property capitalization policies and procedures. Communicates FAA property accounting policies and procedures internally to the FAA¿s LOB/SO and externally to the independent DOT-identified auditors. Prepares written documents to include memorandum that document business decisions, operating instructions and manuals, training material, briefings, financial manual updates, and other related documents. Supports LOB/SO regional and headquarters personnel on capitalization requirements and policy interpretation. Analyzes and determines cost allocation for FAA capital projects. Supports various aspects of FAA financial management, including financial reporting and the annual financial audit. Prepares, coordinates, and executes the validation of capitalized assets at National Airspace locations in accordance with federal requirements to identify property as capitalized and/or reflected as an asset on the financial statements. Identifies, communicates and tracks needed updates to DELPHI property records based on asset validation site visits. Maintains accurate capitalization program resources, including Property, Plant, and Equipment section of the FAA Financial Manual and the FAA Asset Library. Established policies/procedures provide guidance for most assignments, but the Accountant uses considerable discretion to select the most appropriate approach(es) and/or recommend approaches to address current problems and anticipated issues. The employee ensures the requirements of the projects and other work activities align with the organizational goals and policies. The work of this position is reviewed typically through status reports and at project completion.

Requirements

We are not accepting applications from noncitizens.

Education

This position has a positive education requirement: Applicants must submit a copy of their college or university transcripts(s) and certificates by the closing date of announcement to verify qualifications. If selected, an official transcript will be required prior to appointment. You may upload these documents with your application in USAJOBS or fax it to fax number provided in the announcement (please include announcement number on each page). Failure to do so will result in loss of consideration. Schools must be accredited by an accrediting institution recognized by the U.S. Department of Education. Accreditation may be verified at the following website: www.ed.gov/accreditation. Foreign education must be evaluated by a private professional organization specializing in interpretation of foreign education credentials or an accredited U.S. educational institution in terms of equivalence to a degree acquired at an American college or university. A copy of the evaluation results must be included, otherwise your foreign education will not be considered. Basic Requirements: A. 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 B. 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: Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law; A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or 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. · If you are a current or former Federal employee, and you currently hold or previously held a position classified in the 0510 occupational series, you are not required to submit a college transcript provided you upload a copy of the SF-50, Notification of Personnel Action, verifying your classification in the 0510 occupational series. · Applicants, who are not currently in the 0510 occupational series in the Federal Government and fail to provide a copy of an unofficial or official transcript will not receive further consideration for this vacancy. Upon selection, if not currently employed in the 0510 occupational series, you will be required to submit an official transcript prior to appointment. If you do not have an official transcript (original, with the raised seal), you should contact your school immediately to request it. Foreign Education: For additional information, visit: http://www.ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html