Pathways Recent Graduate - Staff Accountant

Agriculture, Rural Development | Allentown, PA

Posted Date 9/16/2020
Description This position is in the Rural Development, Business Center, Chief Financial Officer, Compliance Operations, External Compliance Division. As a trainee, the incumbent will perform a variety of Rural Development (RD) accounting and/or auditing activities. These assignments will be performed under the guidance of an experienced Staff Accountant and the supervision of a Branch Chief.

To be eligible, applicants must meet one of the following requirements;

Completed all requirements for an associates, bachelors, masters, professional, doctorate, vocational, or technical degree or certificate from a qualifying educational institution within the previous two (2) years; or

Individuals who, due to military service obligation, were precluded from applying to the Recent Graduates Program during any portion of the 2-year eligibility period described above shall have a full 2-year period of eligibility upon release or discharge from active duty. This eligibility period cannot extend more than 6 years from the date on which the requirements for the academic course of study were met.

Basic Requirements:

A. Degree: 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" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.")

OR

B. 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. The applicant's background must also include one of the following:
  1. Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;
  2. A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or
  3. 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) the applicant has 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 the applicant has 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, the applicant's education, training, and experience fully meet the specified requirements.

In addition to meeting the eligibility requirements above, applicants must possess the experience requirements as follows:

For the GS-07 level: Applicants must possess one year of specialized experience equivalent to at least the next lower grade level or its non-Federal equivalent that demonstrates: Experience in the assistance of performing loan/grant reviews. Experience in assisting in reviewing Certified Public Accountants' (CPA) Audit Reports to ensure compliance with Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAGAS) and other applicable requirements.Experience in interpreting accounting data; assisting in the maintenance of accounting systems; or analyzing accounting information for solutions. Experience in assessing internal control processes and/or systems; extracting routine information from accounting operating systems and/or programs to supply accurate financial statements, reports and other information of a factual nature to appropriate sources. Experience ensuring funds are efficiently controlled, obligated, paid and reported; updating and maintaining automated accounting systems; assisting with reconciling and balancing general ledger accounts and making adjustments or revisions as necessary. Knowledge of professional accounting principles, practices and procedures OR completion of one full year of graduate level education OR Bachelor's degree with Superior Academic Achievement (SAA). Equivalent combination of education and experience are qualifying for this grade level.

For the GS-09 level: Applicants must possess one year of specialized experience equivalent to at least the next lower grade level or its non-Federal equivalent that demonstrates: Experience in the assistance of performing loan/grant reviews. Experience in assisting in reviewing Certified Public Accountants' (CPA) Audit Reports to ensure compliance with Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAGAS) and other applicable requirements. Experience in interpreting a variety accounting data; assisting in the maintenance of accounting systems; or analyzing accounting information for solutions. Experience in assessing somewhat complex internal control processes and/or systems; extracting information from a variety of accounting operating systems and/or programs to supply accurate financial statements, reports and other information of a factual nature to appropriate sources. Experience ensuring funds are efficiently controlled, obligated, paid and reported; updating and maintaining automated accounting systems; assisting with reconciling and balancing general ledger accounts and making adjustments or revisions as necessary. Possess experience applying professional accounting principles to the examination and review of a variety of reports, statements, etc. to determine compliance with generally accepted accounting principles, practices and procedures; and to ensure compliance with generally accepted accounting, auditing, and financial requirements OR two (2) full years of progressively higher level graduate education leading to a masters degree OR master's or equivalent graduate degree. Equivalent combination of education and experience are qualifying for this grade level.

Superior Academic Achievement
is based on (1) class standing, (2) grade-point average, or (3) honor society membership.1. Class standing - Applicants must be in the upper third of the graduating class in the college, university, or major subdivision, based on completed courses.2. Grade-point average - Applicants must have a grade-point average of: 3.0 or higher out of a possible 4.0 as recorded on their official transcript, or as computed based on 4 years of education, or as computed based on courses completed during the final two years of the curriculum; OR 3.5 or higher out of a possible 4.0 based on the average of the required courses completed in the major field or the required courses in the major field completed during the final 2 years of the curriculum.3. Election to membership in a national scholastic honor society.

Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including specialized experience and/or education, as defined below.

NOTE: To be considered for this position, you must meet all qualification and eligibility requirements for the GS-0510 series set forth in the Office of Personnel Management (OPM) Qualification Standards by the closing date of the announcement. A copy is available at: https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards

Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

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