FINANCIAL MANAGEMENT SPECIALIST

Full Job Description

This position is being filled under Direct Hire Authority 5 U.S.C. § 9905, dated 6/23/2023 This position is part of the Air Force Elements, U.S. Transportation Command.

As a Financial Management Specialist - Remediation Specialist, the incumbent will provide assistance and guidance concerning financial statements and process deficiencies..

This vacancy announcement covers 4 grades: GS-7, GS-9, GS-11, and GS-12. Read carefully the following Specialized Experience qualifications for each grade level to determine which grade to apply for.

You may qualify at the GS-07, if you fulfill the following qualifications: A.

One year of specialized experience equivalent to the GS-05 grade level in the Federal service: Knowledge of United States Generally Accepted Accounting Principles (GAAP), Federal Accounting Standards Advisory Board (FASAB), American Institute of Public Accountants (AICPA), NIST, and DoD Financial Management Regulation (FMR) principles, concepts, practices and trends for accounting, auditing, and risk management.

Knowledge of financial system and control related public law and guidance such as the Federal Managers Financial Integrity Act (FMFIA), Federal Financial Management Improvement Act (FFMIA), Chief Financial Officer (CFO) Act, and Federal Information Security Modernization Act (FISMA).

Demonstrated ability to communicate both orally and in writing, clearly, concisely, and with technical accuracy.; OR B. 1 full year of graduate level education or superior academic achievement.; OR C.

You have some specialized experience as described in A, but less than one year; and you have more than one year but less than two years of education as described in B.

You have computed the percentage of the requirements that you meet, and the total is at least 100%. (To compute the percentage, divide your total months of qualifying experience by 12.

Then divide your semester hours of graduate education beyond the first year by 18. Add the two percentages.

The total percentage must equal at least 100 percent to qualify.) You may qualify at the GS-09, if you fulfill the following qualifications: A.

One year of specialized experience equivalent to the GS-07 grade level in the Federal service: Knowledge of United States Generally Accepted Accounting Principles (GAAP), Federal Accounting Standards Advisory Board (FASAB), American Institute of Public Accountants (AICPA), NIST, and DoD Financial Management Regulation (FMR) principles, concepts, practices and trends for accounting, auditing, and risk management.

Knowledge of financial system and control related public law and guidance such as the Federal Managers Financial Integrity Act (FMFIA), Federal Financial Management Improvement Act (FFMIA), Chief Financial Officer (CFO) Act, and Federal Information Security Modernization Act (FISMA).

Demonstrated knowledge of missions, roles, functions, organizational structures, and operations of organizations that govern, interface, with and/or influence financial operations and reporting.

Demonstrated ability to communicate both orally and in writing, clearly, concisely, and with technical accuracy. ; OR B.

A master's or equivalent graduate degree or 2 full years of progressively higher-level graduate education leading to such a degree or LL.B. or J.D., if related; OR C.

You have some specialized experience as described in A, but less than one year; and you have more than one year but less than two years of education as described in B.

You have computed the percentage of the requirements that you meet, and the total is at least 100%. (To compute the percentage, divide your total months of qualifying experience by 12.

Then divide your semester hours of graduate education beyond the first year by 18. Add the two percentages.

The total percentage must equal at least 100 percent to qualify.) You may qualify at the GS-11, if you fulfill the following qualifications: A.

One year of specialized experience equivalent to the GS-09 grade level in the Federal service: Supporting financial statement audit and/or audit remediation through continuous improvement of processes, internal controls, accounting, reporting, and/or governance to improve the accuracy, accountability, transparency, and integrity of finance operations.

Experience with financial processes and systems sufficient to independently accomplish a variety of assignments related to audit remediation matters for the enterprise.

Demonstrated knowledge sufficient to analyze and evaluate techniques and methods to interpret broad and complex policies and procedures to solve a variety of financial and system problems.

Skilled knowledge of automated data systems, procedures, and controls applying to financial and operational programs.; OR B. Possess a Ph.D.

or equivalent doctoral degree or 3 full years of progressively higher level graduate education leading to such a degree or LL.M., if related; OR C.

You have some specialized experience as described in A, but less than one year; and you have more than one year but less than two years of education as described in B.

You have computed the percentage of the requirements that you meet, and the total is at least 100%. (To compute the percentage, divide your total months of qualifying experience by 12.

Then divide your semester hours of graduate education beyond the first year by 18. Add the two percentages.

The total percentage must equal at least 100 percent to qualify.) You may qualify at the GS-12, if you fulfill the following qualifications: A.

One year of specialized experience equivalent to the GS-11 grade level in the Federal service: Supporting financial statement audit and/or audit remediation through evaluation of controls developed in support of remediation solutions.

Experience with financial accounting systems and enterprise resource management practices.

Experience with financial statement audit findings, corrective actions, and remediation reporting to include documenting test results in accordance with policy to ensure accurate and complete support for recommended solutions and actions taken.

Performing limited audit testing to assess financial and process controls related to remediation are functioning properly.

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. Major Duties:

As a FINANCIAL MANAGEMENT SPECIALIST at the GS-0501-7/9/11/12 some of your typical work assignments may include: Plans, organizes, and executes financial improvement and audit remediation activities.

Develops accounting, audit, and internal control procedures and practices impacting transportation working capital fund (TWCF) financial reporting, operating results, and auditability.

Develops and maintains supporting documentation for remediation activities and policy revisions. Collaborates with key stakeholders to improve internal controls, policies, and procedures.