Summary Click on "Learn more about this agency" button below to view Eligibilities being considered and other IMPORTANT information. The primary purpose of this position is to Executes Component Cost Analysis (CCA) Program Taskings. As a member of a CCA team, observes and participates in a limited manner in cost analysis assignments by performing a variety of routine taskings associated with the preparation of system cost analyses. Responsibilities - Performs a variety of routine professional accounting functions requiring analytical, procedural, and technical skills designed to advance the intern's analytical, judgment, procedural and technical skills. Performs routine accounting studies and projects or assists higher level personnel in their accomplishment of accounting assignments of greater scope. Assists in developing recommendations for solving accounting problems where direct application of well established principles of professional accounting can be applied. Assists in the preparing findings for use in formal and informal briefings. Assists in describing critical assumptions and decision points for decision-makers. - Performs a variety of tasks in support professional accounting to include establishing and maintaining reports for financial management activities in accordance with established accounting principles and policies. - Uses automated financial management databases and systems and computer-generated products. Uses available information technology (IT) software programs to produce reports of financial data. Uses IT products to assist others in analyses of financial management information. - Performs special assignments in keeping with the formal training plan. Includes administrative assignments to develop knowledge of the mission and organization of the financial community; preparation of reports for special interest areas; development and presentation of accomplishments, results of assignments, etc. Develops increasing knowledge of relevant DoD and Air Force policies and directives. Develops an increasing awareness of cost aspects in considerations, recommendations and decisions. Help Requirements Conditions of Employment Qualifications The PALACE Acquire Program offers you a permanent position upon completion of your formal training plan. As a Palace Acquire Intern you will experience both personal and professional growth while dealing effectively and ethically with change, complexity, and problem solving. The program offers a 3-year (Change based on your program (s) formal training plan with yearly salary increases. Promotions and salary increases are based upon your successful performance and supervisory approval. This is your opportunity to begin a successful civilian career with the United States Air Force. NOTE: Notices of Results (NORs) will not be sent to applicants under this authority. Please do not contact this office for status. If you are selected for this position, you will be contacted. To qualify for a GS-07: Completion of 1 full year of graduate level education, or bachelor's degree with Superior academic Achievement as provided in the "General Policies and Instructions" for Qualifications Standards Operating Manual, or 5 academic years of pre-professional study, or 1 year specialized experience equivalent to at least GS-05. To qualify for a GS-09: 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. Experience refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student and social). Volunteer work helps build critical competencies, knowledge and skills that can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. SPECIALIZED EXPERIENCE: One year of specialized experience equivalent to at least the GS-05, or GS-07 grade level. Specialized experience is defined as knowledge and skill in the application of procedures, methods, and techniques which support the analysis and administration of the budget; knowledge of a wide variety of budgetary methods, practices, policies, procedures, regulations and precedents; knowledge of a wide range of sources, types, and methods of funding; knowledge of the accounting systems and related documents used to gather and analyze budgetary information; knowledge of automated management data systems; ability to communicate orally and in writing; ability to work accurately with figures. KNOWLEDGE, SKILLS AND ABILITIES (KSAs): Your qualifications will be evaluated on the basis of your level of knowledge, skills, abilities and/or competencies in the following areas: 1. Professional knowledge of accounting practices, methods, and techniques and generally accepted accounting principles and standards. 2. Ability to gather, assemble, interpret, and analyze financial management information and present it in written reports, statements, and platform briefings. 3. Knowledge of management theories, principles, concepts and practices as well as pertinent regulations, precedents, policies, and other guides of the employing organization. 4. Ability to research and analyze data and to interpret findings, and the ability to use IT to do so. 5. Ability to communicate orally and in writing. PART-TIME OR UNPAID EXPERIENCE: Credit will be given for appropriate unpaid and or part-time work. You must clearly identify the duties and responsibilities in each position held and the total number of hours per week. VOLUNTEER WORK EXPERIENCE: Refers to paid and unpaid experience, including volunteer work done through National Service Programs (i.e., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community; student and social). Volunteer work helps build critical competencies, knowledge and skills that can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Education Basic Requirements 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.")Air Force Qualification Standards You MUST provide transcripts to support your educational claims. Education must be accredited by an accrediting institution recognized by the U.S. Department of Education. PLEASE SUBMIT COPIES OF ALL TRANSCRIPTS TO INCLUDE TRANSFERRED HOURS - OFFICIAL COPIES ARE NOT REQUIRED AT TIME OF APPLICATION. IF SELECTED, YOU WILL BE REQUIRED TO PROVIDE OFFICIAL COPIES OF ALL TRANSCRIPTS. ***NOTE*** Degree Audits are not accepted. FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program. It is your responsibility to provide such evidence when applying. Additional informationFor Direct Hire (DHA)Positions: This is a Direct Hire Public Notice, under this recruitment procedure applications will be accepted for each location/ installation identified in this Public Notice and selections are made for vacancies as they occur. There may or may not be actual/projected vacancies at the time you submit your application. The PALACE Acquire Program offers you a permanent position upon completion of your formal training plan. As a Palace Acquire Intern you will experience both personal and professional growth while dealing effectively and ethically with change, complexity, and problem solving. The program offers a 3-year formal training plan with yearly salary increases. Promotions and salary increases are based upon your successful performance and supervisory approval. This is your opportunity to begin a successful civilian career with the United States Air Force. You must have completed a 4 year course of study leading to a bachelor's from an accredited institution AND must have documented Superior Academic Achievement (SAA) at the undergraduate level in one of the following: a) Class Standing - upper third of the graduating class based on completed courses in the college, university, or major subdivision; b) Grade Point Average - 2.95 or higher out of a possible 4.0 as recorded on your official transcript or as computed based on 4 years of education or as computed based on courses completed during the final 2 years of curriculum; OR 3.45 or higher out of a possible 4.0 based on the average of the required courses completed in your major field or the required courses in your major field completed during the final 2 years of your curriculum. If more than 10 percent of total undergraduate credit hours are non-graded, i.e. pass/fail, CLEP, CCAF, DANTES, military credit, etc, you cannot qualify based on GPA; c) Election to membership in a national scholastic honor society (note: freshman honor society cannot be used to meet the requirements of this position). (If qualifying based on class standing or honor society membership, provide appropriate documentation). Interagency Career Transition Assistance Program (ICTAP): For information on how to apply as an ICTAP eligible click here. To be well-qualified and exercise selection priority for this vacancy, displaced Federal employees must be rated in the "Highly Qualified" or "Best Qualified" Category on the rating criteria for this vacancy. You must submit a copy of the agency notice, your most recent performance rating, and your most recent SF-50 noting position, grade level, and duty location. Employed Annuitants (Reemployed Annuitants): Applicants in receipt of an annuity based on civilian employment in the Federal Service are subject to the DoD Policy on The Employment of Annuitants. Click here for more information. Selective Service: Males born after 12-31-59 must be registered or exempt from Selective Service. For additional information, click here. Direct Deposit: All federal employees are required to have direct deposit. STUDENT LOAN REPAYMENT PROGRAM (SLRP) MAY BE OFFERED FOR ELIGIBLE CANDIDATES. (Must sign a 3 yr service agreement)If you have questions regarding this announcement and have hearing or speech difficulties click here. Read more Additional Information Interagency Career Transition Assistance Program (ICTAP): For information on how to apply as an ICTAP eligible click here. To be well-qualified and exercise selection priority for this vacancy, displaced Federal employees must be rated well qualified or above for this position. You must submit a copy of the agency notice, your most recent performance rating, and your most recent SF-50 noting position, grade level, and duty location. Employed Annuitants (Reemployed Annuitants): Applicants in receipt of an annuity based on civilian employment in the Federal Service are subject to the DoD Policy on The Employment of Annuitants. Click here for more information. Current Federal Civilian employees may apply for temporary and term positions and if selected, a break in service may be required prior to appointment to the position. Direct Deposit: All federal employees are required to have direct deposit. If you have questions regarding this announcement and have hearing or speech difficulties click here. Tax Law Impact for PCS: On 22-Dec-2017, Public Law 115-97 - the "Tax Cuts and Jobs Act of 2017" suspended qualified moving expense deductions along with the exclusion for employer reimbursements and payments of moving expenses effective 01-Jan-2018 for tax years 2018 through 2025. When you perform a Civilian Permanent Change of Station (PCS) with the government, the Internal Revenue Service (IRS) considers the majority of your entitlements to be taxable. Visit GSA Bulletin FTR 20-04 here for additional information.