The Office of Financial Management (AFM) provides financial oversight and information on the use of agency financial resources. AFM is responsible for financial and travel policy, financial and acquisition systems, cost accounting, capitalization of the agency’s $12.3 billion portfolio of national airspace system assets, financial reporting, financial internal controls, and oversight of the agency’s financial internal controls programs and reimbursable agreements.
Duties
The incumbent is a recognized subject matter expert in systems accounting and provides leadership for complex challenging activities under the minimal direction of a manager or executive. May act as a principal Systems Accountant or team lead to define and direct projects/programs and work activities.
This incumbent serves as a Systems Accountant within the AFM, Financial Statements and Reporting Division, and applies experience and expert knowledge of systems accounting with responsibility for one or more of the following areas:
Analyzes processes for the planning, design, and implementation of financial management systems to meet business requirements. Performs analysis of requirements for systems development activities for enterprise systems development, implementation, and maintenance. Designs and executes system testing procedures to ensure requirements are satisfied. Evaluates modifications and enhancements to financial systems to ensure the reliability of data used for financial reporting and compliance with applicable laws and regulations.
Prepares financial statements in accordance with accounting principles and Office of Management and Budget Circular A-136, Financial Reporting Requirements. Researches, analyzes, and processes information related to accounting transactions/events to ensure completeness and accuracy of data. Also, researches and uses data analysis and techniques to assess risk. Prepares, reviews, and reconciles financial statements and other reports to meet reporting requirements to support management decisions. Applies Federal accounting standards, fiscal law, Federal policies and regulations, internal controls, and procedures for FAA financial management activities.
Analyzes data processed through the Oracle Federal Financial management system (referred to within the DOT/FAA environment as “DELPHI”) to ensure completeness and accuracy of accounting transactions. Utilizes financial systems to extract data to produce reports. Performs data analysis and data reconciliations, including for example, reconciling general ledger account balances to subsidiary ledgers and reconciling budgetary to proprietary account relationships. Implements/reviews internal controls and resolves problems to improve efficiency and maintain data integrity.
Communicates with auditors to evaluate, document, and improve internal controls for detection and prevention of fraud, waste, and abuse. Communicates with and supports review/audit stakeholders, providing data, accounting information, and reports, as well as, addresses findings and recommendations for improvement through formal corrective action plans. Provides guidance to other professionals, leads project/program teams; defines and develops internal processes; predicts potential issues, and proposes preventive actions.
Work activities typically impact directly on the agency goals of one or more of the FAA major subdivisions or LOB/SOs and support the business plan requirements of the FAA. Works independently with little oversight to monitor data and ensure workable solutions for sustaining financial operations. Additionally, other related duties may be assigned by management as needed.