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Financial Management Specialist (Open to both U.S. Citizens and Federal Employees)
Office of the Secretary of Transportation · Posted 75 days ago
Hybrid Full-time Washington, DC $102K – $158K Apply by Jul 16, 2026 Financial Administration And Program ISFJ
Apply for this job → About the Role
This position is located in the U. S. Depart of Transportation, Office of the Secretary (OST), Office of the Assistant Secretary for Administration, Office of Financial Management and Transit Benefits (OFM). The incumbent serves as a Financial Specialist for the Working Capital Fund (WCF) within OFM and has responsibility for budgets, fund administration, cost accounting, billing, and other budget and funds control activities for the assigned "M" Offices.
What You'll Do
- →The Financial Management Specialist duties include: FOR THE GS-12: Develops and/or participates in studies to evaluate the overhead charges and specific product charges from the Parking and Transit Benefit programs.
- →Studies include resource requirements, financial costs, organizational realignments, overhead and operating expense requirements.
- →Develops and monitors the cost accounting, financial controls, and billing methodologies and procedures for each assigned WCF Line of Business.
- →Ensures methodologies and procedures are consistent with TRANServe's and the customers' needs for timely and accurate financial information and fall within all current policies and directives of the Department, the Office of Management and Budget (OMB), Office of the Inspector General (OIG), or other policy setting organizations as appropriate.
- →Analyzes and reconcile the cost accounting and billing information in the accounting system to the TRANServe systems and records.
- →FOR THE GS-13: Monitors the cost accounting, funds control, and billing methodologies and procedures for OFM ensuring methodologies and procedures are consistent provide accurate financial information and fall within all current policies and directives of OFM, the Office of Management and Budget (OMB), Office of the Inspector General (OIG), or other policy setting organizations as appropriate.
- →Assist in developing and implementing effective internal controls to safeguard WCF resources and ensure financial data integrity.
- →Assist in developing financial studies and/or participates in studies to evaluate the addition or removal of services from the WCF.
- →Studies include resource requirements, financial costs, organizational realignments, overhead and operating expense requirements.
- →Analyze and update as required the cost accounting and billing information in the accounting system.
- →This will be monthly for fee-based lines of business, annually and/or monthly for allocated lines of business.
- →Reviews WCF rates to ensure full cost recovery of rate-based services provided by the assigned WCF Lines of Business.
- →Determines and recommends the most suitable allocation techniques for non-rate-based services.
- →The ideal candidate for this position is a results oriented Financial Analyst with experience and knowledge with the ability to navigate complex fiscal operations, able to align budget and execution to support goals and compliance, be able to participate in a team environment and add value.
Requirements
- ✓CONDITIONS OF EMPLOYMENT: As a condition of employment for accepting this position, you may be required to serve a 1-year probationary period during which we will evaluate your fitness and whether your continued employment advances the public interest.
- ✓In determining if your employment advances the public interest, we may consider: your performance and conduct; the needs and interests of the agency; whether your continued employment would advance the organizational goals of the agency or the Government; and whether your continued employment would advance the efficiency of the Federal service.
- ✓Upon completion of your probationary period, your employment will be terminated unless you receive certification, in writing, that your continued employment advances the public interest.
- ✓SELECTIVE SERVICE: Males born after 12/31/1959 must be registered for the Selective Service.
- ✓BACKGROUND INVESTIGATION: A background security investigation is required for all selected individuals.
- ✓Appointment will be subject to the applicant's successful completion of the security investigation and favorable adjudication.
- ✓Failure to meet these requirements will be grounds for termination.
- ✓PROBATIONARY PERIOD: You must complete a one-year probationary period (unless already completed).
- ✓TIME-IN-GRADE: Federal applicants must have served 52 weeks at the next lower grade in the competitive or excepted service in the executive branch to satisfy time-in-grade restrictions contained in 5 CFR 300, Subpart F.
- ✓DEU REQUIREMENTS: Applicants selected under delegated examining procedures may be required to successfully complete a one-year probationary period (unless already completed).
- ✓You must be a U.S.Citizen and eligible for consideration.
- ✓You must meet specialized experience to qualify.
- ✓Required documents must be submitted by the closing date.
- ✓Submit application and resume online by 11:59 PM EST on the closing date.
Personality Fit
This role is commonly a great fit for these MBTI types:
Job ID: fdc3060e-0594-4927-b1b4-30ada8d1c133
Posted via USAJobs