Summary This is a public notice for FAA authorized Financial Specialist/Analyst (0501) positions open to U.S. Citizens. Positions may be announced for FV-F through K or grades FG-7 through 15 to support the Infrastructure Investment and Jobs Act 2021. Responsibilities Incumbent will serve as a Financial Specialist/Analyst providing financial support in areas such as budget formulation, financial execution and fiscal policy interpretation for major programs. Provides analysis, validation, processing of financial transactions and issues involving the full range of financial management services and accounting functions. Positions require knowledge of the agency mission, policies, regulations, applicable laws and guidance; interpreting and developing detailed financial reports; and financial analytical methods and techniques for assessing organizational effectiveness and efficiency. The work requires special assignments such as preparing reports for area of special interests, developing and presenting reports of accomplishments and results of assignments. Requirements Conditions of Employment We are not accepting applications from noncitizens. Qualifications Reference OPM Group Coverage Qualification Standard for Administrative and Management Positions. https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/0500/financial-administration-and-program-series-0501/ 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 be qualifying 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, communicate effectively to targeted audiences, and/or creation of 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 Combination of education and experience may be qualifying 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 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/workinghere/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. Errors or omissions may impact your rating or may result in you not being considered for the job. 2) Some, none, or all candidates may be interviewed. 3) This Public Notice will serve as a resume repository – positions may or may not be filled from this announcement. 4) Duty Location may be negotiable upon request. 5) Positions may be filled at any pay band level. This is not a bargaining unit position. Links to Important Information: Locality Pay, COLA