Accountant, Financial Reporting, Accounting Manager

Job Title

Duties

Incumbent utilizes knowledge of Federal Accounting Standards Advisory Board (FASAB). Treasury Financial Management (TFM), and OMB Circulars A-136 and A-I I in performing position duties. Performs multiple and varying assignments under the limited direction of a manager, project/program manager, team leader, or more experienced professional. Acts as an individual contributor and/or member of a team and may perform some leadership functions for small projects/programs or other work activities.

Applies experience and advanced knowledge to plan and conduct functional activities for projects and programs. Develops and recommends approaches to address current and anticipated problems and issues. Analyzes and reconciles transactional data within the financial accounting system and external source systems to ensure proper accounting now and financial reporting. May prepare monthly, quarterly, and annual financial reports on a national level, which are submitted directly to DOT OMB, and OFM.

Resolves problems relating to all aspects of accounting by adhering to Generally Accepted Accounting Principles (GAAP) and other guidance received from Treasury, OMB, and OFM. May analyze and reconcile general ledger accounts for accurate reporting involving the resolution of problems relating to all aspects of accounting; i.e., based on the Generally Accepted Accounting Principles (GAAP) and guidance received from Treasury, OMB, and OFM.

Must interpret regulations and adapt regulations to meet reporting requirements and the various system limitations. Provides explanation to management, team lead and others reviewing the statements concerning the complex data contained in the reports. Demonstrates considerable independence in planning time and helping a manager, project/program manager, and/or team leader to plan and use assigned resources to accomplish projects/programs/activities. May identify and request additional resources, as needed.

Identifies, analyzes, and proposes solutions to accounting problems or new requirements, which occur in the ongoing processing of data to the accounting system. Helps provide requirements for processing complicated financial transactions, which relate to all aspects of the general ledger accounts. Plans and organizes the necessary steps or methods used to report financial information needed for the monthly, quarterly, and annual statements.

Identifies methods to improve cost, quality and timeliness of organizational activities through business process reengineering. Contacts typically are internal and external, with regular contacts among major subdivisions and LOB/SOs, customers, and other external parties to share information about the FAA and explain the applications of policies and procedures. Contacts include employees in the DOT Operational administrations, other ESC customers, policy officials, managers, and professionals, as well as the same level of contact with personnel in other Government agencies such as Treasury, OMB, OPM, and GSA.

Resolves most problems and work issues without the assistance of a manager, project/program manager, team leader, or more experienced professional. Work activities typically support and may be vital to the success of projects and/or activities for one or more organizational units, major subdivisions, and/or LOB's/SO's. Work is reviewed periodically, typically at major milestones and at completion, for policy compliance and alignment with the requirements of projects and/or other work activities.