Summary

The CFO is responsible for implementing the Chief Financial Officers Act, the Federal Managers' Financial Integrity Act, and the Government Management Reform Act. In addition, the incumbent ensures compliance with appropriations law, FAR, applicable accounting standards and principles, and financial information and system functional standards; manages directly or participates in the design, development, and implementation of internal control and risk management systems.

Duties

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The CFO is responsible for providing executive leadership and direction to EDA for the full cycle of financial management functions from planning and securing resources through the budget process to executing these resources through the acquisition process to recording and reporting these transactions in financial operations. The incumbent directs these programs through subordinate staff, reviews, and evaluates the adequacy and effectiveness of these programs.

The incumbent is responsible for the operation and management of the Budget and Finance Division, which includes enterprise risk management and acquisition functions. He/she will assess the quality and effectiveness of customer service to internal and external customers and adjust resources to ensure that top-quality customer service is available. The CFO will incorporate application of industry best practices as appropriate and foster an environment of continuous improvement.

Specific responsibilities include:

• Formulate a budget that reflects the policy and programmatic goals of EDA, the Department of Commerce (DOC), and the Executive Branch.
• Develop and/or oversee the implementation of programs and processes that ensure robust monitoring of financial transactions and budget execution to achieve complete compliance with applicable laws and regulations as well as internal and external policy, and adopt adequate measures to address anomalies and eliminate/mitigate the risk of future non-compliance.
• Oversee accurate allocation of costs among budget accounts and evaluate proposals for reprogramming of funds, advising managers and bureau leadership on all appropriate compliance measures and ensuring that approved transfers of budget authority between budget accounts are consistent with reprogramming regulations.
• Establish financial management controls and administrative policies and practices for EDA and set the direction and provide guidance where appropriate to ensure all budgetary, financial, accounting, and administrative directives are disseminated and properly integrated at the appropriate levels throughout the organization.
• Oversee the acquisition cycle, from acquisition planning through contract closeout, to ensure EDA efficiently procures goods and services to meet mission goals while ensuring compliance with the Federal Acquisition Regulation and appropriations laws and promoting the achievement of Department of Commerce and EDA acquisition performance goals.

Requirements

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Conditions of employment

• Must be a U.S. citizen or national.
• May be subject to pre-employment and random drug tests.
• An initial Senior Executive Service (SES) career appointee is subject to a one-year probationary period.
• Complete a Declaration for Federal Employment to determine your suitability for federal employment at the time requested by the agency.
• If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
• File a Confidential Financial Disclosure Report OGE-278e within 30 days of appointment and annually thereafter.
• You may be required to obtain and maintain an interim and final security clearance prior to entering on duty. Failure to obtain and maintain the required level of clearance may result in the withdrawal of a job offer or removal.

There are three key documents that contain important information about your rights and obligations. Please read and retain these documents:

• Noncriminal Justice Applicant's Privacy Rights, for those who undergo an FBI fingerprint-based criminal history record check for personnel vetting, which includes Rap Back.
• FD-258 Privacy Act Statement - FBI (this is the same statement used when your fingerprints are submitted as part of your background investigation), and
• SEAD-3-Reporting-U.pdf (dni.gov), (applicable to those who hold a sensitive position or have eligibility for access to classified information)

Qualifications

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. Candidates will not be hired based on their race, sex, color, religion, or national origin.

To meet the minimum qualification requirements for this position, you must show that you possess the Executive Core Qualifications (ECQ) and Professional Technical Qualifications (PTQ) related to this position within your resume - NOT TO EXCEED 2 PAGES.

Resumes over the 2-page limit will not be reviewed and will be disqualified. Your resume should be 2 pages or fewer and must not include images, graphics, or hyperlinks (including publications and/or social media). Your resumes should include examples of experience, education, and accomplishments applicable to the qualification(s). If your resume does not reflect demonstrated evidence of these qualifications, you may not receive consideration for the position.

There is NO requirement to prepare a narrative statement specifically addressing the Executive Core Qualifications (ECQs) or the Professional Technical Qualifications (PTQs).

PROFESSIONAL/TECHNICAL QUALIFICATIONS (PTQs): Your resume should demonstrate accomplishments that would satisfy the technical qualifications.

1. Demonstrated experience leading a team responsible for the full range of financial planning and financial management; knowledge of financial management processes; an understanding of budget, financial, and cost accounting and reporting; familiarity with automated financial systems; and the ability to oversee the development and implementation of a multi-year strategic plan for the financial needs of an organization.
2. Working knowledge of federal contracting policies, principles, and practices, including contracting strategy and portfolio planning.

EXECUTIVE CORE QUALIFICATIONS (ECQs): In addition to the technical qualification requirements listed above, all new entrants into the Senior Executive Service (SES) under a career appointment will be assessed for executive competency against the following five mandatory ECQs. If your 2-page resume does not reflect demonstrated evidence of the ECQs and TQs, you may not receive further consideration for the position.

• ECQ 1: Commitment to the Rule of Law and the Principles of the American Founding - This core qualification requires a 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-This core qualification involves the 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-This core qualification involves the demonstrated knowledge, ability, and technical competence to effectively and reliably produce work that is of exceptional quality.
• ECQ 4: Leading People-This core qualification involves the 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-This core qualification involves the demonstrated ability to achieve both individual and organizational results and to align results to stated goals from superiors.

Note: Applicants who are current or former members of the SES, have SES reinstatement eligibility, or have been certified through successful participation in an OPM-approved SES Candidate Development Program (SESCDP) should submit supporting documentation (e.g., SF-50 or OPM Qualifications Review Board (QRB) certification) reflecting their eligibility for noncompetitive appointment to the SES.

Education

This position does not have a positive education requirement.

Additional information

Mobility: Organizational and geographical mobility is essential in developing and managing SES leaders. Individuals selected for SES positions may be subject to reassignment across geographical, organizational, and functional lines and may be required to sign a Reassignment Rights and Obligation Agreement.

Veterans Preference: Veterans' preference is not applicable to the SES.

Benefits

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A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

Review our benefits

Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.