The incumbent serves as an Accountant responsible for ensuring specific modal administrators receive professional accounting and financial reporting services. Accounting operations are maintained and monitored in accordance with current accounting policies and standards prescribed by government regulations. Incumbent utilizes knowledge of Federal Accounting Standards Advisory Board (FASAB), Treasury Financial Management (TFM), and 0MB Circulars A136 and A11 in performing position duties.
Duties
Performs multiple, varying, and complex assignments under the minimal direction of a manager or team lead. May act as a Project Manager for large projects or programs.
Analyzes and reconciles transactional data within the financial accounting system and external source systems to ensure proper accounting flow and financial reporting. May prepare monthly, quarterly, and annual financial reports on a national level, which are submitted, directly to DOT, 0MB, and OFM. Resolves problems relating to all aspects of accounting by adhering to Generally Accepted Accounting Principles (GAAP) and other guidance received from Treasury, 0MB, 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, 0MB, and OFM. Must interpret regulations and adapt regulations to meet reporting requirements and the various system limitations. Provides written explanation to auditors, management, program managers, and others reviewing the statements concerning the complex data contained in the reports.
Applies experience and comprehensive knowledge to plan and conduct functional activities for projects and programs. Develops and recommends approaches to address current and anticipated problems and issues. Identifies, analyzes, and develops solutions to intricate accounting problems or new requirements, which occur in the ongoing processing of data to the accounting system. Provides requirements for processing complicated financial transactions which relate to all aspects of the general ledger accounts. Plans and organizes the necessary steps or methods to be 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 re-engineering. Leads work of other accountants or technicians to accomplish the goal of obtaining data during the reporting period, which correctly reflects the status of financial operations. Identifies differences and determines appropriate corrective actions.
Independently plans time. Identifies, plans, and organizes available resources to accomplish projects/programs/activities. Makes optimal use of resources to complete activities within established schedules.
Contacts are internal and external. May act as a point of contact to provide advice and guidance on the applications of policies and procedures. May be called upon to communicate FAA positions on policies and procedures internally and externally. Contacts included 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.
Established policies/procedures provide guidance for most assignments, but allow considerable discretion for employee to select the most appropriate approach(es) or develop new approaches. Assignments regularly require interpretations of internal and external policies and extrapolations from precedents.
Resolves most problems and work issues without the assistance of a manager, project/program manager, team leader, or more experienced professional. Develops and recommends approaches to address current and anticipated problems and issues. Works with management and/or more experienced professionals to solve problems.