Financial Management Specialist
Library of Congress
Summary This position is located in the Accounting Operations Division. Financial Services Directorate, Chief Operating Officer. Only Current and Former Federal Employees are eligible. Responsibilities This position is located in the Financial Services Directorate (FSD). The incumbent is responsible for the maintenance, operation, and interpretation of large volumes of financial data required by complex operations, thereby permitting better internal control, and interrelating efforts and products with other administrative processes such as budget formulation, systems analysis, and overall financial management. Plans and conducts studies in conjunction with other personnel. Performs prescribed audit functions, which are based on precedents, and uses standard evaluation techniques. Conducts audits of documents or internal operating financial systems. Adapts methods and techniques to solve a variety of problems that occur. Evaluates financial systems, policies, procedures, functions, and transactions to ascertain the integrity, effectiveness and productivity of the assigned operation and systems. Reviews specific financial operations, documents, and activities to determine fiscal compliance with governing regulations, operating procedures, and controls. Gathers and evaluates internal operating program data to determine whether an entity acquires, protects, and uses its resources economically and efficiently; the extent the program has achieved the desired results or benefits; the effectiveness of the organizations, programs, and activities; and whether an entity is complying with law and regulations applicable to the program. Performs a variety of analytical duties related to the day-to-day operation of the financial program. Prepares portions of financial and operational reports that are factual in nature based on an objective and systematic examination of the performance of an organization, program, activity, or function. Cites applicable regulations, identifies source of situations, and recommends straightforward corrective actions as needed. Provides routine advice and assistance on well-precedent financial matters, issues, or data pertaining to a financial program. Identifies inconsistencies in processing, problems needing resolution, customer needs and recommend corrective actions. Works with other staff members and service units on development, training, and implementation of financial management methods and/or accounting systems for maintaining control of Federal funds under various programs. Provides technical advice and interpretation to automated systems users on accounting posting and reporting requirements, on receipt or disbursement posting and reporting requirements, or on payment voucher posting reporting requirements or on travel document posting and reporting requirements. Participates in the implementation, testing, and training in new system applications within FSD. Computes and prepares financial documents. Assists in training lower-graded employees on new systems enhancements. Reviews, coordinates, and prepares routine accounting documents such as obligations, payments, corrections, adjustments, and receivables. Receives and responds to queries from administrative officers, travelers, and vendors regarding problems with billings, payments, travel documents and other accounting related transactions, or payments receipts and other disbursing related functions, travel functions or accounts payable function. Reconciles day-to-day accounts, making adjustments using well-established accounting practices. Participates in various reconciliation activities to ensure that transactions are posted correctly and out of balance conditions are resolved. Monitors, tracks, and reports on program obligations. Assures that program funding data is entered into the agency's financial management system correctly. Recommends adjustments to accommodate future needs. Conducts annual year-end-closing activities and reconciliations. Recommends revisions affecting local portions of an internal operating accounting system based on specific objectives and approaches. Performs quality assurance reviews to provide assurances as to the financial integrity of the Library of Congress and FSD processes and practices. Performs other duties as assigned. The position description number for this position is 080539. The salary range indicated reflects the locality pay adjustments for the Washington, D.C., Metropolitan area. The incumbent of this position will work a flextime work schedule. This is a non-supervisory, bargaining unit position. Relocation expenses will not be authorized for the person(s) selected under this vacancy announcement. Requirements Conditions of Employment Library of Congress employees are prohibited from using illegal drugs, including marijuana. The Library is part of the Federal Government and abides by federal law, so regardless of individual state or District of Columbia laws, marijuana use is illegal, considered criminal activity, and can affect your employment at the Library. In addition, past or current drug use and activities (e.g., selling or distributing) may deem you ineligible for employment. Qualifications Applicants must have had progressively responsible experience and training sufficient in scope and quality to furnish them with an acceptable level of the following knowledge, skills, and abilities to perform the duties of the position without more than normal supervision. Knowledge of financial management policies and procedures. ** Knowledge of automated systems used in financial analysis work. ** Ability to provide customer service. ** Ability to gather, organize, analyze, and reconcile financial data. Ability to communicate effectively other than in writing. Education Additional Information Although it is the Library's policy to afford the maximum pay benefit to employees when setting rates of pay, a new appointee who has had no previous Federal service will generally be paid at step one of the grade. The Library of Congress is an equal opportunity employer. Women, minorities, and persons with disabilities who meet eligibility requirements are strongly encouraged to apply. Applicants must submit a complete application package that is received by the closing date of this announcement. Appointment/retention is subject to a favorable evaluation of an appropriate personnel security/suitability investigation. For more information, please see: Vetting Process This agency provides reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please email ADA@loc.gov. The decision on granting reasonable accommodation will be determined on a case-by-case basis. Applicants with disabilities may be considered under special hiring procedures and must submit an appropriate certificate of eligibility when applying for this position. The proof or disability/certification may be issued by the State Vocational Rehabilitation Office, Disability Services or Career Services office of the applicant’s college or university, or the Department of Veterans Affairs. The letter must verify that the applicant has a severe disability and must be dated within three years of the date of the application. Certification from health care providers are not accepted. For more information contact the Library's Office of EEO/Diversity Programs at 202-707-6024 or email spp@loc.gov. FAILURE TO SUBMIT YOUR CERTIFICATION WILL CAUSE YOUR APPLICATION TO NOT BE CONSIDERED UNDER THE SELECTIVE PLACEMENT PROGRAM. The Library of Congress is the national library of the United States and is part of the Legislative Branch of the Federal government. As such, all positions are in the excepted service. The Library reserves the right to fill a lesser or greater number of vacancies indicated during the life of this vacancy announcement. Initial permanent appointments to the Library of Congress require completion of a one-year probationary period. Probationary periods served at other Federal agencies do not count toward this requirement. The Library of Congress may offer repayment for all or part of federally insured student loans. However, not all service units within the Library of Congress participates in the repayment of federally insured student loans. Therefore, determination to repay a federally insured student loan is subject to approval by the appropriate service unit. A “Not to Exceed" (NTE) status is used to identify an appointment with a specific ending date. However, the Library has the right to separate a NTE employee at any time due to either performance issues or budget constraints. Are you a veteran? Please indicate the type of veterans' preference you are claiming in your application materials and/or applicant profile and provide the appropriate supporting documentation to validate your claim. Those applying for 5-point preference must submit Member Copy 4 of your DD 214. Those applying for 10-point preference must fill out an SF-15 (click here for the form) and provide the required documentation listed on the back of the form. If required supporting documentation is not attached, Veterans' Preference will not be considered in the application process.
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