Financial Specialist

See below for important information regarding this job. GS-11: $85,447-$111,087 GS-12: $102,415 - $133,142

Major duties

• If selected at the GS-09 or GS-11 level, duties will be performed in a developmental capacity.
• Serves as the key operational focal point and primary resource for managing the execution of the Unliquidated/ Undelivered Orders (ULO/UDO) programs for the assigned OPR.
• Leads and facilitates the collaborative DAR-Q and monthly validation processes in strict accordance with DLA policies and DoD Financial Management Regulation (FMR) guidelines.
• Applies Federal financial management concepts, Generally Accepted Accounting Principles (GAAP), and Office of Management and Budget (0MB) Circular A-123 standards to continually evaluate, design, and optimize local financial controls.
• Performs financial analysis and research for accounts receivable, researches and resolves billing, payment/ collections discrepancies, and transactional postings for both federal and public customers.
• Coordinates with senior analysts and/or accountants to resolve complex issues and problems related to accounts receivable that cannot otherwise be resolved between the employee, DFAS and the customer.
• Assists DFAS personnel with issues related to payment collection discrepancies and researches and resolves unmatched customer payments.

Qualifications

To qualify for a Financial Specialist, your resume and supporting documentation must support: A. Specialized Experience: One year of specialized experience that equipped you with the particular competencies to successfully perform the duties of the position and is directly in or related to this position. To qualify at the GS-12 level, applicants must possess one year of specialized experience equivalent to the GS-11 level or equivalent under other pay systems in the Federal service, military, or private sector. To qualify at the GS-11 level, applicants must possess one year of specialized experience equivalent to the GS-09 level or equivalent under other pay systems in the Federal service, military, or private sector. Applicants must meet eligibility requirements including time-in-grade (General Schedule (GS) positions only), time-after-competitive appointment, minimum qualifications, and any other regulatory requirements by the cut-off/closing date of the announcement. Creditable specialized experience includes: GS-11: Performing financial analysis and researching for accounts receivable, researching and resolving billing, payment collections, and lnterfund issues; Developing approaches in the analysis of financial data to ensure the validity of content, and the extent of impact of invalid or incorrect information and providing recommendations for corrective actions; and Maintaining customer records and making recommendations. GS-12: Oversees the execution, validation and resolution of Unliquidated (ULOs) and Undelivered Orders (UDOs). Conducts detailed reviews of dormant aged accounts, investigates multi-year funding discrepancies, and validates obligation balances. Analyzes and reconciles complex budgetary and accounting data across financial systems to identify discrepancies, correct errors, and ensure accurate financial reporting. Maintain internal controls and audit documentation. Provide financial guidance to fund holders and contracting personnel. B. Education Substitution: GS-11 Qualification ONLY: Such education must demonstrate the knowledge, skills, and abilities necessary to do the work. Education must be from a college or university accredited by an organization approved by the U.S. Department of Education. See http://ope.ed.gov/accreditaUon/Search.aspx .If using education to meet basic qualifications, YOU MUST SUBMIT A TRANSCRIPT as supplemental documentation. To qualify based on education in lieu of specialized experience, you must possess a PH.D. or Equivalent Doctoral Degree or 3 full years of progressively higher level graduate education leading to such a degree; or LL.M., if related. C. Combination: Combinations of successfully completed post-high school education and experience may be used to meet total qualification requirements for grade level GS-11 and may be computed by first determining the applicant's total qualifying experience as a percentage of the experience required for the grade level; then determining the applicant's education as a percentage of the education required for the grade level; and then adding the two percentages. The total percentages must equal at least 100 percent to qualify an applicant for that grade level. Only graduate education in excess of the amount required for the next lower grade level may be used to qualify applicants for positions at grade GS-11. 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, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.

Education

Substitution of education may not be used in lieu of specialized experience for the GS-12 grade level. Are you using your education to qualify? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: Unofficial transcripts are acceptable at time of application. GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours that your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study. FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show that the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university.