Our ideal candidate is a certified public accountant (CPA) experienced in financial accounting, reporting, Generally Accepted Accounting Principles (GAAP) accounting policy and procedures, and the regulatory process. You will play a key role in developing accounting policy and reporting standards for Farm Credit System (FCS) institution compliance. You will contribute to regulation and policy projects including prior approval projects for complex financial accounting and reporting issues.
Eligible applicants may qualify for:
Recruitment incentive of up to $5,000 sign-on bonus with a two-year service period may be authorized for applicants entering on their first Federal appointment.
Relocation incentive of up to $5,000 with a two-year service period maybe authorized for current Federal employees outside the local commuting area who relocate for appointment to this position.
Conditions of Employment:
Must be a U.S. citizen.
One year probationary period, unless previously served.
Suitability for Federal employment, as determined by a background investigation.
Males born after 12-31-59 must be registered for Selective Service.
To qualify for this position you must meet both the Basic Requirements and the Specialized Experience Requirements for the grade level(s) to which you are applying by the closing date of this announcement.
Basic Requirements: A degree in 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." OR A combination of education and experience: at least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. Your background must also include one of the following:Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law; or A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) you have successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that you have demonstrated a good knowledge of accounting and of related and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, your education, training, and experience fully meet the specified requirements.
Specialized Experience Requirements: Specialized experience is experience that has equipped you with the particular knowledge, skills, and abilities to perform the duties of the position successfully. To qualify for this VH-38 (GS-12) level, you must have specialized experience equivalent to the next lower level, VH-37 (GS-11). Your descriptions of specialized experience should demonstrate your ability to advise on, administer, supervise, or perform professional accounting work that requires application of accounting theories, concepts, principles, and standards to the financial activities of governmental, quasi-governmental, or private sector organizations. One year of experience refers to full-time work; part-time work is considered on a prorated basis. Specialized experience for this level includes:
Conducting portions of studies on the impact or implementation of new GAAP standards;
Researching and analyzing accounting and financial reporting issues; and
Developing and presenting recommendations to higher-level decision makers.
Telecommuting is allowed.
Additional Salary Information: Salary includes locality rate of 25.86% for McLean, VA.
Internal Number: DE-10321212-18-CJ
About Farm Credit Admininstration
The Farm Credit Administration (FCA) is a small, vibrant, independent Federal agency located in McLean, Virginia, that regulates and examines the Farm Credit System(FCS), an over $200+ billion nationwide network of 80+ financial institutions providing credit and related services to farmers, ranchers, agribusinesses, and agricultural and rural cooperatives.