Supervisory Accountant

Office of the Chief Financial Officer•Washington, DC

About The Position

The Division of Central Accounting Operations manages systems, operations, controls, and reports for central accounting functions in compliance with federal accounting standards and Treasury guidance. The division maintains departmental general ledger control accounts and balances control and subsidiary ledger records of the centralized accounting system to fairly reflect the Department’s assets, liabilities, and net position. The Supervisory Accountant coordinates the Department’s general ledger and centralized accounting operations program, ensuring accounting entries are complete and accurate and that general ledger and subsidiary records are maintained on an accrual basis under applicable standards. The role oversees reconciliations with Treasury, resolves discrepancies affecting Department-wide budgetary and proprietary accounts, and coordinates and approves Department-wide month-end, quarter-end, program year-end, and fiscal year-end close processes. The position resolves complex and precedent-setting accounting issues escalated by Lead Accountants, approves journal vouchers and manual journal entries above subordinate staff’s approval thresholds, and oversees monitoring of the Department’s core financial management system and subsystems. It approves system enhancement recommendations and certifies Department-wide compliance with standards from FASAB, OMB, Treasury, GAO, GSA, and FMQSMO. The role leads the Division’s audit readiness work, manages Department-wide corrective action plans, represents the Division in sensitive or high-visibility audit findings with the DOL OIG, GAO, and independent public accountants, and certifies corrective-action resolution to senior OCFO management. It also plans and assigns subordinate work, sets priorities and schedules, establishes performance standards, evaluates employees, and recommends performance awards or corrective actions.

Requirements

Meet the basic requirements for Occupational Series 0510 Accountant through either an accounting degree or a related degree with 24 semester hours in accounting (up to 6 hours may be business law), or an eligible combination of accounting experience, education, and training.
For GS-15, have 52 weeks of specialized experience equivalent to at least the GS-14 level in the Federal Service.
Specialized experience must include supervising or leading professional accountants and financial management personnel responsible for general ledger accounting, financial reporting, reconciliations, financial statements, and accounting operations.
Specialized experience must include developing and implementing accounting policies, procedures, and internal operating controls to improve reporting accuracy, efficiency, and compliance.
Specialized experience must include providing authoritative guidance on federal accounting principles, GAAP, and federal financial reporting requirements, and resolving complex accounting issues.
Specialized experience must include overseeing year-end and month-end financial close processes and coordinating with program offices, budget personnel, auditors, and financial management organizations for timely, accurate reporting.
Specialized experience must include directing responses to internal and external audits, coordinating audit requests, analyzing findings, developing corrective action plans, and monitoring implementation of recommendations.
Be at least 16 years old and a U.S. citizen.
Undergo a background investigation as a condition of employment and serve a probationary period if the requirement has not been met.
Serve a supervisory probationary period if the requirement has not been met.
Comply with the Department of Labor Drug-Free Workplace Program.
Meet the position’s financial disclosure requirements.
Clearly and specifically describe experience, including dates in MM/DD/YY format.

Responsibilities

Coordinate the Department’s general ledger and centralized accounting operations program.
Ensure accounting entries are complete and accurate Department-wide and maintain departmental general ledger and subsidiary records on an accrual basis in accordance with applicable standards.
Direct Treasury reconciliations and resolve discrepancies affecting Department-wide budgetary and proprietary accounts.
Coordinate and approve Department-wide month-end, quarter-end, program year-end, and fiscal year-end close processes.
Resolve complex, precedent-setting, or Department-wide accounting issues escalated by subordinate Lead Accountants, including abnormal balances, suspended or rejected transactions, and unresolved reconciliation discrepancies.
Approve journal vouchers and manual journal entries above the approval threshold delegated to subordinate staff.
Coordinate monitoring of the Department’s core financial management system and subsystems; approve recommendations for system enhancements.
Certify Department-wide compliance with standards issued by FASAB, OMB, Treasury, GAO, GSA, and FMQSMO.
Lead the Division’s audit readiness efforts.
Manage development of Department-wide corrective action plans; represent the Division in sensitive or high-visibility audit findings with the DOL OIG, GAO, and independent public accountants; and certify corrective-action resolution to senior OCFO management.
Plan subordinate work, set and adjust short- and long-term priorities, and prepare schedules for month-end, quarter-end, and fiscal year-end close work.
Establish performance standards, evaluate employees under the applicable performance management system, and recommend performance awards or corrective actions.