
Accountant - IS-0510-13 bei Smithsonian Institution
Smithsonian Institution · Washington, Vereinigte Staaten Von Amerika · Onsite
- Professional
- Optionales Büro in Washington
What are Trust Fund Positions?
- Pass Pre-employment Background Check and Subsequent Background Investigation for position designated.
- Complete a Probationary Period.
- Maintain a Bank Account for Direct Deposit/Electronic Transfer.
- The position is open to all candidates eligible to work in the United States. Proof of eligibility to work in U.S. is not required to apply.
- Applicants must meet all qualification and eligibility requirements within 30 days of the closing date of this announcement.
OVERVIEW
DUTIES AND RESPONSIBILITIES
- Prepares assigned schedules for interim and final audit cycles, reviews for consistency with prior years, and analyzes anomalies.
- Prepares, analyzes, interprets, and presents accounting data and resolves complex and controversial accounting problems.
- Analyzes a variety of unique financial transactions and statements for propriety and/or budgetary accounts and determines potential impact on funding sources or the financial position of the Smithsonian or a specific Unit.
- Prepares fund balance reconciliations that agree with U.S. Treasury, identifies causes for differences, and implements corrective action.
- Reviews and evaluates proposed Inter-agency agreements, ensures proper set-up within the financial systems, and ensures that lAAs are closed out.
- Develops journal entries to reflect complex and/or unusual transactions related to endowments, fixed assets, investments, federal budgetary and proprietary, debt, cash, business activities, etc.
- Prepares reconciliations of assigned sub-ledger systems to general ledger and executes corrective actions for reconciling differences.
- Reviews and approves reconciliations on assigned accounts and ensures clearing of reconciling items taking into consideration interdependencies between functions and processes.
- Prepares financial statements or portions of statements monthly ensuring they cross-tie with the footnotes and conducts period-to-period comparisons identifying differences and anomalies.
- Prepares assigned footnotes for annual reporting, federal and trust, which tie to the financial statements.
- Prepares and validates financial reports for net asset reports, various US Federal reports, and contributions and inter-unit transactions.
- Generates reports from the subledger to validate balances reflected in the general ledger.
- Prepares, updates, and monitors Trust Fund Advance reports.
- Designs and develops ad-hoc single use or first-time financial reports.
- Conducts monthly and year-end closing process for the accounting periods.
- Serves as expert authority in the application of accounting standards to specialized mission-related programs and recommends solutions to management problems.
- Advises management on complex financial and managerial accounting methods and procedures for grants, endowments, capital expenditures, obligations, and budgetary and proprietary.
- Participates in meetings with various museums to increase awareness of Unit operations, builds a positive working relationship, and fosters cooperation within the Smithsonian community.
- Participates in internal meetings providing input on potential accounting risks or variances.
- Researches issues offering practical and creative solutions and reports findings to management to understand the root cause of the issue and potential impacts of recommended courses of action.
- Assesses financial operations and makes best-practices recommendations to management.
- Explains their findings by meeting face-to-face with organization managers and individual customers.
- Prepares or updates accounting policies and procedures and prepares associated training.
- Conducts training on relevant accounting topics.
- Reviews and interprets document, records, reports and processes to ensure conformity with generally accepted accounting principles, new operating procedures, and revised regulations.
- Reviews procedures to ensure the adequacy and accuracy of financial reporting. Reviews, changes, and/or improves existing instructions, manuals, and procedures which are inadequate, conflicting, out-of-date, or ambiguous. Participates in the ongoing review of automated and manual systems to identify and implement process improvements.
- To address audit findings, establishes or revises standard operating procedures to incorporate changes; socializes these changes to appropriate groups; and monitors them to ensure that changes are implemented
QUALIFICATION REQUIREMENTS
Experience required for this position is as follows:
- Mastery of a professional knowledge of the theories, concepts, principles, standards, and practices of accounting sufficient to conduct difficult assignments involving interfaces and inter-relationships between and among programs, systems, functions, and policies.
- Knowledge of U.S. Generally Accepted Accounting Principles (GAAP)
- Knowledge of U.S. Federal financial regulations, procedures, and budget processes.
- Knowledge of automated accounting and financial systems.
- Ability to apply fund accounting methods to non-appropriated funds i.e., Trust Fund.
- Ability to communicate verbally to advise management on complex financial and managerial accounting methods and procedures.
- Ability to communicate in writing to prepare policies, procedures, and comprehensive reports that present financial or research finding.
Resumes should include a description of your paid and non-paid work experience that is related to this job; starting and ending dates of job (month and year); and average number of hours worked per week.
What To Expect Next: Once the vacancy announcement closes, a review of your resume will be compared against the qualification and experience requirements related to this job. After review of applicant resumes is complete, qualified candidates will be referred to the hiring manager.
The Smithsonian Institution provides reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation should contact [email protected]. Determinations on requests for reasonable accommodation will be made on a case-by-case basis. To learn more, please review the Smithsonian’s Accommodation Procedures (https://www.si.edu/OEO/IndividualswithDisabilities).