Duties
In collaboration with the CFO and Deputy Commissioner, Chief Operating Officer, the DCFO exercises bureau-wide responsibilities for the development, administration, and oversight of policies and programs for the budget, cost accounting and financial reporting, risk management, audit, and internal control areas. The DCFO also serves as the Chief Risk Officer, responsible for ensuring that risk management and internal control programs are implemented to enable the bureau to make timely and collaborative risk decisions, provides executives with visibility into enterprise risks, and support the development of a risk-aware culture.
Specific duties include:
- Directs, through a staff of subordinate supervisors, all enterprise-wide budget, cost accounting, financial reporting, risk, audit, and internal control activities, ensuring that resources are effectively and appropriately used for maximum benefit to the accomplishment of program goals.
- Leads the BFS's enterprise risk management program by establishing risk governance, defining risk appetite, and ensuring the integration of risk identification, assessment, and mitigation strategies across all programs and operations.
- Determines, in consultation with the CFO, the objectives and policies of BFS's budget, financial management, risk management, audit, and internal controls programs to support organizational goals and objectives.
- Analyzes the Bureau's programs and activities in terms of resource requirements, alignment to strategic and operational plans, degree of cost effectiveness, progress against program goals and metrics, and risk mitigations and controls necessary to achieve objectives.
- Serves as a key financial advisor to the Commissioner, Deputy Commissioner/COO, CFO, and other senior executives. As a member of the bureau's Enterprise Governance Boards, the incumbent provides executive level advice, guidance, and support on all resource and risk management matters.
- Leads the formulation, presentation, and execution of the budget for BFS by developing and implementing budget policy within established guidelines, providing advice and assistance to executives and program managers on matters concerning the use of resources, and preparing budget justifications and multi-year resource plans.
- Directs the Bureau's internal control program, managing the annual review process and advising leadership on review findings. Institutes methodologies, organizational practices and processes to ensure audit readiness and accuracy, consistent with applicable U.S. generally accepted accounting principles and prescribed Departmental accounting policies and procedures.
- Supports the implementation of BFS's strategic management framework to improve outcomes for our customers through an aligned set of activities including strategic and enterprise planning, program and risk management, performance management, and audit.
Requirements
Conditions of employment
- Complete a 1-year SES probationary period, unless already completed.
- Complete a Declaration for Federal Employment (https://www.opm.gov/forms/pdf_fill/of0306.pdf) to determine your suitability for Federal employment at the time requested.
- File a Confidential Financial Disclosure Report OGE-278e within 30 days of appointment and annually from then on.
- Undergo appropriate tax checks.
- If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System (https://www.sss.gov/) or are exempt from having to so so.
- Have your salary sent to a financial institution of your choice by Direct Deposit / Electronic Funds Transfer.
- Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9 (https://www.uscis.gov/i-9).
- Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
- Obtain and use a Government-issued charge card for business-related travel.
- You must be a U.S. Citizen or National.
Qualifications
To meet the minimum qualifications for this position, applicants must show they possess the Executive Core Qualifications (ECQ) and Mandatory Technical Qualifications (MTQ) related to this position within your 2-page resume. Your resume should include examples of experience, education, and accomplishments applicable to the qualification(s). If your resume does not reflect demonstrated evidence, you may not receive consideration for the position.
NOTE: Resumes are limited to 2-pages. Any resumes exceeding the 2-page limit will not be reviewed beyond the second page of the document.
EXECUTIVE CORE QUALIFICATIONS (ECQs): The ECQs describe the leadership skills needed to succeed in the SES and provide the focus for OPM certification of executive qualifications.
ECQ 1: Commitment to the Rule of Law and the Principles of the American Founding - Demonstrated knowledge of the American system of government, commitment to uphold the Constitution and the rule of law, and commitment to serve the American people.
ECQ 2: Driving Efficiency - Demonstrated ability to strategically and efficiently manage resources, budget effectively, cut wasteful spending, and pursue efficiency through process and technological upgrades.
ECQ 3: Merit and Competence - Demonstrated knowledge, ability, and technical competence to effectively and reliably produce work that is of exceptional quality.
ECQ 4: Leading People - Demonstrated ability to lead and inspire a group toward meeting the organization's vision, mission, and goals, and to drive a high-performance, high- accountability culture. This includes, when necessary, the ability to lead people through change and to hold individuals accountable.
ECQ 5: Achieving Results - Demonstrated ability to achieve both individual and organizational results, and to align results to stated goals from superiors.
Additional information about the ECQs can be found on the OPM SES website at: https://www.opm.gov/policy-data-oversight/senior-executive-service/executive-core-qualifications/#url=Overview
MANDATORY TECHNICAL QUALIFICATIONS (MTQs):
The following qualifications are required for the incumbent to perform the duties of the position. You must demonstrate all of the MTQs to be rated as eligible for this position.
MTQ 1 - Demonstrated experience overseeing complex financial management or accounting programs for a large organization and ensuring the integrity, accuracy, and reliability of accounting operations, reporting, and systems. This experience includes applying accounting principles, financial systems standards, and financial reporting requirements, and adapting policies and procedures to support a federal government environment.
MTQ 2 - Demonstrated experience leading the preparation, justification, and execution of large, complex budgets with multiple funding streams. This includes balancing priorities, assessing trade-offs, and promoting the efficient use of resources. Experience should reflect the ability to advise senior leadership, respond to changing priorities, and reallocate resources to support organizational goals.
MTQ 3 - Demonstrated experience establishing and leading an enterprise risk management (ERM) program; managing financial statement audit engagements; and developing, implementing, and evaluating internal controls. Experience should reflect the ability to develop governance processes and structures to support risk identification, assessment, monitoring, and reporting; communicate risk insights to senior leadership; align risk appetite with organizational objectives; and foster a risk-aware culture. This also includes applying auditing standards, internal control principles, and risk management frameworks, as well as establishing or leading enterprise risk management programs that support informed decision-making and organizational performance.
Education
This job does not have an education qualification requirement.
Additional information
OTHER INFORMATION:
- All initial appointments to an SES position are contingent on approval from OPM's Qualifications Review Board.
- We may select from this announcement or any other source to fill this vacancy.
- Veterans' Preference does not apply to the Senior Executive Service.
- This position requires that the successful candidate undergo personnel vetting, which includes a background investigation and enrollment upon onboarding into "Continuous Vetting." Enrollment in Continuous Vetting will result in automated record checks being conducted throughout one's employment with Treasury. The successful candidate will also be enrolled into FBI's Rap Back service, which will allow Treasury to receive notification from the FBI of criminal matters (e.g., arrests, charges, convictions) involving enrolled individuals in near real-time.
- BFS offers challenging and meaningful work, opportunities for advancement and internal movement to a different career path, a competitive salary, work/life balance, and generous benefits.
- In order to comply with Equal Employment Opportunity Commission (EEOC) reporting requirements, BFS is asking applicants to complete the Race and National Origin (RNO) information during the application process. This information will be kept confidential and anonymous, and will only be used for demographic reporting purposes.
- OPM must authorize any employment offers made to current or former (within the last 5 years) political Schedule A, Schedule C, or Non career SES employees in the executive branch. If you are currently, or have been within the last 5 years, a political Schedule A, Schedule C, or Noncareer SES employee in the executive branch, you must disclose that to the Human Resources Office.
Candidates should be committed to improving the efficiency of the Federal government, passionate about the ideals of our American republic, and committed to upholding the rule of law and the United States Constitution.
How you will be evaluated
You will be evaluated for this job based on how well you meet the qualifications above.
Initial Review: Your application will first be reviewed by a Human Resources Specialist to determine whether you meet the eligibility and minimum qualification requirements for this position.
Qualification Assessment: Applicants who meet these requirements will be evaluated by a preliminary rating panel to determine which candidates advance to the final evaluation stage. This assessment will focus on the Executive Core Qualifications (ECQs) and Mandatory Technical Qualifications (MTQs) identified in this Job Opportunity Announcement (JOA). As required, ECQs and MTQs must be fully addressed within your two-page résumé; separate narrative statements will not be accepted.
Structured Interviews: Candidates who advance will participate in a structured interview panel that evaluates applicants against the ECQs and MTQs. Following completion of the structured interviews, the rating panel will identify the best-qualified candidates for certification.
Referral and Selection: If you are among the top-qualified candidates, your application will be referred to the selecting official for further consideration and possible additional interviews.
Executive Review Board (ERB): Final selectee recommendations must receive Treasury's Executive Review Board approval before a tentative job offer can be extended.
Qualification Review Board (QRB): New entrants into the SES must receive approval from OPM's Qualification Review Board. QRB approval is not required for non-competitive candidates (e.g., current and former career SES members, CDP graduates).
Required Documents
Your resume should contain information sufficient to make a valid determination that you fully meet the specialized experience requirements as stated in this vacancy announcement. It is recommended that you include the following information:
- 2-page ECQ/MTQ based Resume. DO NOT submit Executive Core Qualifications or Technical Qualifications in lieu of a resume.
- Current or former career SES members must provide an SF-50 showing current status or reinstatement eligibility.
- Applicants who have successfully completed an OPM-approved SES Candidate Development Programs must submit a copy of their certification.
- Current or former Federal civilian employees, please provide a copy of your most recent SF-50 (Notification of Personnel Action).
Recommended Documents: In addition, we recommend that you submit the following:
- A copy of your most recent performance appraisal.