Summary
This announcement is for Financial Specialist/Analyst (0501) positions authorized by the FAA, available to U.S. Citizens. These positions may range from FV-F through K or grades FG-7 through 15 and are intended to aid the implementation of the Infrastructure Investment and Jobs Act 2021.
Responsibilities
The individual in this role will function as a Financial Specialist/Analyst, offering financial assistance across various areas including budget formulation, financial execution, and interpretation of fiscal policies for significant programs. This entails conducting analysis, validating, and processing financial transactions, as well as addressing issues related to the entire spectrum of financial management services and accounting functions.
These positions necessitate a thorough understanding of the agency’s mission, policies, regulations, applicable laws, and guidance. Furthermore, proficiency in interpreting and creating detailed financial reports, along with employing financial analytical methods and techniques to evaluate organizational effectiveness and efficiency, is essential.
Special assignments may include tasks such as preparing reports on specific areas of interest and developing and presenting reports highlighting accomplishments and outcomes of assignments.
Requirements
Conditions of Employment
- US Citizenship is required.
- Selective Service Registration is required for males born after 12/31/1959.
- Successful completion of security investigation may be required.
- A one-year probationary period may be required.
- Please Review Required Documents & Additional Information.
- Positions may be filled at any band level.
- Duty location may be negotiable upon request.
Qualifications
Reference OPM Group Coverage Qualification Standard for Administrative and Management Positions.
TO QUALIFY FOR THIS POSITION AT THE FV-F LEVEL, you must demonstrate in your application that you possess at least three years of progressively responsible general experience that demonstrates the ability to analyze problems to identify significant factors, gather pertinent data, recognize solutions, plan and organize work and convey information, with at least one year equivalent to the FG/GS-4 level.
OR
EDUCATION SUBSTITUTION:
Successful completion of a full 4-year course of study in any field leading to a bachelor’s degree, gained from an accredited college or university.
OR Combination of education and experience may qualify for this position.
TO QUALIFY FOR THIS POSITION AT THE FV-G LEVEL, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to FV-F (GS/FG 5-9) level. Specialized experience is experience that has equipped you with the particular knowledge, skills, and abilities to perform successfully the duties of a Financial Specialist/Analyst position.
SPECIALIZED EXPERIENCE may include but not limited to: applying knowledge using financial databases; reading, interpreting, and summarizing financial data; identifying problem areas and providing recommendations for improvement, communicating effectively to targeted audiences, and/or creating financial system queries and reports.
OR
EDUCATION SUBSTITUTION:
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. Education must be directly related to the position. Must be gained from an accredited college or university.
OR A Combination of education and experience may qualify for this position.
TO QUALIFY FOR THIS POSITION AT THE FV-H LEVEL, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to FV-G (GS/FG 10-11) level. Specialized experience is experience that has equipped you with the particular knowledge, skills, and abilities to perform successfully the duties of a Financial Specialist/Analyst position.
SPECIALIZED EXPERIENCE may include but not limited to experience in preparing trend and historical analysis to support recommendations; experience with analyzing, interpreting and developing detailed financial reports; experience in the use of financial metrics and practices; experience and demonstrate understanding, use, and application of a variety of software i.e. spreadsheet, database, graphics and word processing.
TO QUALIFY FOR THIS POSITION AT THE FV-I LEVEL, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to FV-H (GS/FG 12) level. Specialized experience is experience that has equipped you with the particular knowledge, skills, and abilities to perform successfully the duties of a Financial Specialist/Analyst position.
SPECIALIZED EXPERIENCE may include but not limited to: analyzing and reconciling transactional data within the financial accounting system and external source systems to ensure proper accounting flow and financial reporting. Resolving problems relating to all aspects of accounting by adhering to Generally Accepted Accounting Principles (GAAP) and other guidance received from Treasury, OMB, and OFM. Interpreting and adapting regulations to meet reporting requirements and various systems limitations. Identifying methods to improve cost, quality and timeliness of organizational activities through business process re-engineering.
TO QUALIFY FOR THIS POSITION AT THE FV-J LEVEL, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to FV-I (GS/FG 13) level. Specialized experience is experience that has equipped you with the particular knowledge, skills, and abilities to perform successfully the duties of a Financial Specialist/Analyst position.
SPECIALIZED EXPERIENCE may include but not limited to: planning, execution, risk management; scheduling, measurements, maintenance and implementation of national financial management or accounting systems; analyze requirements to ensure standardization of system functionality accounting and/or financial management, financial planning and control; preparing and reviewing management reports; interprets and applies policies applicable to financial management; experience with Federal budgetary process, including formulation, presentation, and execution phases.
TO QUALIFY FOR THIS POSITION AT THE FV-K LEVEL, you must demonstrate in your application that you possess at least one year of specialized experience equivalent to FV-J (GS/FG 14) level. Specialized experience is experience that has equipped you with the particular knowledge, skills, and abilities to perform successfully the duties of a Financial Specialist/Analyst position.
SPECIALIZED EXPERIENCE may include but not limited to experience developing and rendering authoritative guidance of all accounting principles, regulations, directives and legal requirements; analyzing and interpreting a wide range of financial management information, statistical data, and reports to provide end results and recommendations for improvements; experience applying accounting principles and methodologies to prepare financial or program reports, research and analyze regulatory processes and communicate processes to others internal and external to the organization; conducting financial reviews to determine compliance with Federal laws, policies and/or the lawful use of revenue; managing programs/projects using project management and analytical skills.
Applicants should provide examples of specialized experience in their work history.
Qualifications must be met by the closing date of this vacancy announcement.
Education
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/admins/finaid/accred/index.html.
Foreign education must be evaluated by a private professional organization specializing in the 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.
Additional information
We may use this vacancy to fill other similar vacant positions.
Position may be subject to a background investigation.
A one-year probationary period may be required.
The person selected for this position may be required to file a financial disclosure statement within 30 days of entry on duty. FAA policy limits certain outside employment and financial investments in aviation-related companies. www.faa.gov/jobs/working_here/financial_disclosure_requirements
The U.S. Department of Transportation strives to ensure that equity, transparency, accountability, collaboration, and communication permeate all that we do for the betterment of the Department, the traveling public, and our nation. As such, DOT values a highly diverse workforce of persons who promote a culture of belonging by respecting the personal dignity and worth of each individual and fostering a positive environment where all feel safe and welcome. If these commitments coincide with your personal ideals and professional aspirations, please consider joining the DOT family.
Leave Enhancement: FAA organizations may offer enhanced annual leave accrual to newly appointed or reappointed employees. In order to receive consideration for such a benefit, applicants’ prior non-Federal service or active duty uniformed service must directly relate to the duties of the position to which appointed. Granting enhanced annual leave is at the sole discretion of the hiring organization, and granting such benefit is not an entitlement nor guaranteed to any newly hired employee.
Applications will be accepted from any U.S. citizen. On-the-Spot will be used to fill this position. The ‘Rule of Three’, Veterans Preference and traditional rating and ranking of applicants does not apply to this vacancy.
NOTES:
1) Applicants must apply on-line to receive consideration for this vacancy announcement. Faxed, mailed or emailed applications cannot be accepted.
2) Some, none, or all candidates may be interviewed.
3) Please ensure you answer all questions and follow all instructions carefully. Errors or omissions may impact your rating or may result in you not being considered for the job.
4) Please upload supporting documents into USAJOBS or 9-AMC-AHF-C400@faa.gov and reference the announcement number.
5) This Public Notice will serve as a resume repository – positions may or may not be filled from this announcement.
6) Duty Location may be negotiable upon request.
This is not a bargaining unit position.
How to Apply
You must apply online to receive consideration. Your application must be submitted by 11:59 PM Eastern Time on the Close Date for it to be accepted. If you are applying for positions associated with FAA registers, your application must be submitted at the time a referral list is created to receive consideration for positions associated with a register.
IN DESCRIBING YOUR WORK EXPERIENCE AND/OR EDUCATION, PLEASE BE CLEAR AND SPECIFIC REGARDING YOUR EXPERIENCE OR EDUCATION.
We strongly encourage applicants to utilize the USAJOBS resume builder in the creation of resumes.
Please ensure EACH work history includes ALL of the following information:
- Job Title (include series and grade if Federal Job)
- Duties (be specific in describing your duties)
- Employer’s name and address
- Supervisor name and phone number
- Start and end dates including month and year (e.g. June 2007 to April 2008)
- Full-time or part-time status (include hours worked per week)
- Salary
Determining length of General or Specialized Experience is dependent on the above information and failure to provide ALL of this information may result in a finding of ineligible.
You may upload completed documents to your USAJOBS Account. This will provide you the opportunity to utilize the uploaded information again when applying for future vacancies. Please see this guide, Document Upload Guide, for more information on uploading and re-using the documents in your applications.
Amendment Date: 09/14/2023
Amendment Note: Clarified quals for “G”
