What are the responsibilities and job description for the Accountant position at Library of Congress?
This position is located in the Finance and Accounting Section, Office of Business Enterprises, Library Enterprises Directorate, Chief Operating Officer.
The position description number for this position is 257717.
The salary range indicated reflects the locality pay adjustments for the Washington, D.C., Metropolitan area.
This is a non-supervisory, bargaining unit position.
The incumbent for this position will work a flextime schedule.
Qualifications:
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 gather, compile, and analyze financial data using analytical methods and techniques to identify and resolve financial issues.**
Knowledge of accounting principles, practices, and techniques.**
Ability to communicate in writing.
Ability to use computer systems and software applications for financial analysis work.
Ability to communicate effectively other than in writing.
Responsibilities:
The incumbent performs professional work in assisting with the evaluation of financial data and records transactions in financial records. The incumbent prepares and analyzes financial statements, records and reports in support of Business Enterprises. The work requires broad knowledge of theories, practices, methods, and technique of governmental and cost accounting, budgeting, preparation and analysis of financial statements, trends and organizational or program practices, policies government accounting policies and procedures and Library of Congress directives.
Prepares and reviews established financial reports from the Library's reporting system including trial balance, cumulative results reports, spending line reports, and status of funds reports and reconciles with the Business Enterprise system generated reports using well-established accounting principles and practices for one line of business.
Performs analysis of day-to-day cash deposit reconciliation for Business Enterprises between the Library's financial system and the BE's internal enterprise system using well-established accounting practices. As a part of the monthly reconciliation process, determines the exact amount of earned receipts to be credited to the appropriation and sales posted to the financial systems; assists with comparing to cash, checks, and credit cards received. Prepares documentation for supervisory approval for one line of business.
Prepares updates of the annual budget plan on a monthly basis based on an established spending plan for one line of business. Assists with monitoring the budget plan to ensure spending is based on the budget authority and strategic plan. Updates and prepares reports. Ensures funds maintain an adequate available cash flow and carryover balance at all times. Assists with cost analysis for BE based on well-established procedures and instructions provided by the Senior Operating Accountant and Section Head for personal and non-personal expenses including BE products for one line of business.
Prepares various weekly, monthly, quarterly, and annual sales reports by established deadlines including comparisons to prior years using established report formats for one line of business. Assists with preparation of monthly financial statements including balance sheets, status of funds, profit and loss statements, and income statements using the Library's financial system, Business Enterprise system, and Excel. Submits monthly financial statements by established deadlines for one line of business.
Relocation expenses will not be authorized for the person(s) selected under this vacancy announcement.
Salary : $64,957 - $84,441
