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 OMB Circulars A-136 and A-11in 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,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 OPM. 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 written explanation to auditors, management program managers, and others reviewing the statements concerning the complex data contained in the reports.
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 curing the reporting period, which correctly reflects the status. of financial operations. Identifies differences and determines appropriate corrective actions.
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. Work is reviewed rarely, typically through status reports and at project completion.
Personal 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.
Performs other assigned duties.