This position is located in the Financial Reports Division, Financial Services Directorate, Chief Operating Officer. The position description number for this position is 354005. The salary range indicated reflects the locality pay adjustments for the Washington, D.C., Metropolitan area. This is a non-supervisory, bargaining unit position. Relocation expenses will not be authorized for the person(s) selected under this vacancy announcement.
Applicants must have had progressively responsible experience and training sufficient in scope and quality to furnish them with an acceptable level of the following knowledge, skills, and abilities to perform the duties of the position without more than normal supervision. Ability to apply analytical methods and techniques to identify and resolve financial issues.** Knowledge and application of general accounting principles, practices and techniques.** Ability to use computer systems and software applications for financial analysis, reconciliation and reporting.** Ability to communicate in writing. Ability to communicate effectively other than in writing.
Serves as an Accountant in the Financial Reports Office and performs a variety of accounting duties related to the daily operations of the central accounting functions and reporting of the Library of Congress and other Legislative Branch cross service agencies. The Library's complex funding and accounting environment includes accounting and control of appropriated, reimbursable, revolving, and gift and trust funds which use one-year, no-year, and multi-year funds. The work requires a basic knowledge of and the application of federal governmental accounting principles and procedures. The incumbent is responsible for performing data validation, data analysis, transaction processing, accounting systems support, accounting for funds control activities, cost accounting, financial reporting, reconciliations, accounting procedures documentation and audit support. The Financial Reports Office prides itself on providing timely and accurate financial statements, using sound judgement in performing analytical work, using innovative business practices and techniques, and providing excellent customer service. Validates basic data using established accounting principles and practices. Analyzes accounting data and reconciles source documents to determine accuracy of all transactions. Investigates and corrects errors encountered. Reviews and follows regulatory requirements for government accounting procedures. Performs analysis and reconciliation of day-to-day accounts, making adjustments using established accounting practices. Participates in various reconciliation activities to ensure that subsidiary ledgers are reconciled to general ledger accounts. Solves basic out of balance conditions. Performs continuous analyses and reconciliation of transactions. Applies conventional accounting principles to journalize accounting transactions to the general ledger in a functional area such as payroll, cost, property, reimbursable, inventory, accounts payable, and accounts receivable. Reviews changes in procedures and processes to ensure that accounting records are being updated properly. Refers findings to the supervisor and makes recommendations for corrective action. Performs assignments related to fund control activities for stable programs with established and documented requirements. Analyzes accounting functions, ensuring that appropriate transactions are recorded in the accounting system within prescribed deadlines. Studies existing reports, accounts, or instructions to streamline operations or provide reports with greater detail. Prepares specific instructions for ongoing operations. Ensures recurring reports are compiled and completed on time. Provides support and assists with analyzing and evaluating cost accounting information utilizing conventional procedures and practices to produce accounting reports and financial statements. Conducts reconciliation and maintenance of transactions. Prepares monthly schedules for activity reporting, relevant account reconciliations and federal financial reporting. Analyzes phases of existing accounting processes with problems of a routine nature. Based on specific objectives and approaches, applies general principles, techniques and theories of accounting to review and recommend revisions affecting accounting processes. Performs quality assurance reviews of existing and proposed accounting processes to provide assurances as to financial integrity and conformance to Federal Laws and the Library of Congress regulations (LCRS). Assists and participates in development activities for new systems and in the integration of existing systems into new systems. Provides basic advice and assistance that affects procedures concerning various accounting processes and regulations.