Deputy Assistant Secretary for Finance and Budget

Commander, Navy Installations Command

$150K — $180K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant senior management experience in finance or budget within large organizations
  • Demonstrated leadership in compliance with OMB Circulars and audit requirements
  • Proven experience in managing commercial transactions and financial portfolios
  • Strong understanding of federal budget formulation and execution
  • Bachelor’s degree in accounting, finance, or related field with additional accounting coursework

Responsibilities

  • Represent Assistant Secretary on all financial matters within and outside the department
  • Develop and implement internal controls to enhance budgetary integrity
  • Oversee preparation of FHA's annual financial statements and core financial systems
  • Ensure compliance with OMB Circular regulations, coordinating across offices
  • Maintain relationships with HUD CFO and Congressional staff regarding financial operations
  • Manage annual budget and legislative submissions to government entities
  • Analyze financial impacts of portfolio sales on FHA insurance funds

Benefits

  • Comprehensive health and life insurance options
  • Retirement plans with employer contributions
  • Generous paid leave policies including annual and sick leave
  • Flexible work arrangements may be available
  • Opportunities for professional development and training
Full Job Description
Duties

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The Deputy Assistant Secretary (DAS) for Finance and Budget (FAB) reports directly to the General Deputy Assistant Secretary (GDAS) for Housing and is responsible for overseeing the activities of the Office of Housing - FHA Comptroller, the Office of Budget and Field Resources, and the Office of Asset Sales. The incumbent is the Assistant Secretary's principal budgetary advisor and represents the Assistant Secretary on all policy and financial matters in these areas.

MAJOR DUTIES AND RESPONSIBILITIES

The DAS represents the Assistant Secretary for Housing - FHA Commissioner within and outside the department on all budgetary and financial matters. The DAS develops internal controls to mitigate waste, fraud, and abuse while ensuring the execution and integrity of all functions relating to budgetary and financial matters within the Office of Housing. The DAS maintains ongoing liaison with HUD's Office of the Chief Financial Officer, working to ensure that the Office of Housing conforms to statutory requirements, as well as Federal and/or departmental policies, relating to budget and financial matters. The DAS also maintains ongoing relationships with counterparts at the Office of Management and Budget (OMB) and Congressional staff.

  • Responsible for the preparation of FHA's annual report and the Office of the FHA Comptroller also maintains FHA's core financial system - the FHA Subsidiary Ledger - and ensures compliance with appropriate accounting and audit requirements in the preparation of the FHA annual financial statement
  • Provides policy and operational direction and ensures the execution and integrity of all functions relating to FHA accounting, reporting, and the general ledger for FHA Single Family, Multifamily and Healthcare programs
  • Oversees the Office of Housing's compliance with OMB Circulars A-123, A-127 and A-130; facilitates coordination between this Office and other Housing program/support offices; coordinates responses and monitors the status of deficiencies and corrective actions resulting from General Accountability Office, Office of Inspector General and similar reviews
  • Works closely with the Office of Evaluation (Office of Risk Management) to ensure that the annual audit and actuarial studies are completed accurately and timely, keep the Assistant Secretary - FHA Commissioner apprised of issues during the audit, as necessary, and ensure that appropriate briefings materials reflect audit findings.
  • Manages and coordinates the development and preparation of Housing's annual budget and legislative submissions to the Secretary, OMB and Congress; prepares and briefs the Assistant Secretary, Deputy Assistant Secretaries and other HUD leadership on all budgetary/financial matters relating to Housing programs, prepares documentation for OMB and Congressional hearings and inquiries, including responses to follow-up questions, and tracks and analyses the impact of appropriations and other legislation on Housing programs and policies
  • Oversee the portfolio sales of FHA Single Family, Multifamily, and Healthcare mortgage notes
  • Provides analysis and results of the sales to determine the financial impact on the FHA insurance funds to both the Office of Housing and OMB and advises on potential policy changes


Requirements

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Conditions of employment

  • Must be a U.S. Citizen or National of the United States.
  • Ability to complete personnel security vetting (e.g., investigation, evaluation, and adjudication) prior to entrance on duty. Failure to obtain and maintain the required level of clearance may result in the withdrawal of a job offer or removal.
  • Subject to an one-year supervisory probationary period (unless already completed).
  • 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 (see www.sss.gov).
  • File a Confidential Financial Disclosure Report OGE-278e within 30 days of appointment and annually from then on.
  • Complete the Declaration for Federal Employment, Optional Form (OF) 306, to determine your suitability for Federal employment, at the time requested by the agency.


Qualifications

Current or Former Political Appointees: The Office of Personnel Management (OPM) must authorize employment offers made to current or former political appointees. If you are currently, or have been within the last five (5) years, a political Schedule A, Schedule C, or Presidential Appointee employee in the Executive Branch (including noncareer SES and Limited Term SES and Limited Emergency SES) OR an assistant position to a political appointee OR an individual serving in a political capacity under agency-specific authority occupying a position excepted from the competitive service by the President/OPM because of the confidential or policy-determining nature of the position duties; you must disclose this information on your resume and to the Human Resources Office.

As a basic requirement for entry into the senior executive service (SES), applicants must provide evidence of progressively responsible executive leadership and supervisory experience that is indicative of senior executive level managerial capability. This experience should be sufficiently broad in scope and at a major management level in a large or complex organization. The ideal candidate will have experience supervising many employees through subordinate supervisors and have experience hiring, developing, and evaluating employees. Typically, experience of this nature is at the GS-15 or equivalent level in the federal service or its equivalent in the private sector.

Your application should demonstrate that you possess the knowledge, skills, and abilities to successfully fulfill responsibilities inherent in SES positions such as:

  • Leading the work of an organizational unit
  • Ensuring the success of one or more specific major programs or projects
  • Monitoring progress toward strategic organizational goals, evaluating organizational performance and taking action to improve performance
  • Supervising the work of employees, developing policy and other executive functions


If your experience does not include these basic qualifications, you will not be determined qualified for this position.

Veterans' preference: Is not applicable to positions in the Senior Executive Service.

To meet the minimum qualification requirements for this position, you must show that you possess the Executive Core Qualifications (ECQ) and Mandatory Technical Qualifications (MTQs) related to this position within your resume - NOT TO EXCEED 2 PAGES. Applications received with resumes exceeding the 2-page limit will be disqualified and will not receive further consideration.Your resume 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 narrative statements specifically addressing the Executive Core Qualifications (ECQs) or the Mandatory Technical Qualifications (MTQs).

MANDATORY TECHNICAL QUALIFICATIONS (MTQs)
: Your resume should demonstrate accomplishments that would satisfy these technical qualifications.

MTQ 1: Demonstrated experience in overseeing compliance with federal Office of Management and Budget (OMB) Circulars (i.e., A-123, A-127, and A-130) or industry equivalents for a major subdivision of an organization and facilitating coordination within and between an organization's major subdivisions.

MTQ 2: Demonstrated experience in managing commercial transactions, including negotiating terms and conditions of internal governance processes surrounding portfolio sales of mortgage notes.

MTQ 3: Demonstrated experience overseeing the budget formulation, justification, and execution operations for a major subdivision of an organization in headquarters and field offices (including development of apportionments, ensuring currency of funds control plans, etc.)

EXECUTIVE CORE QUALIFICATIONS (ECQs): In addition to the Mandatory Technical Qualification (MTQ) 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 two-page resume does not reflect demonstrated evidence of the ECQs and MTQs, you may not receive further consideration for the position. Review ECQ guidance in OPM Guide to Senior Executive Service Qualifications and the Qualifications Review Board.

These are the five ECQs and their competencies:

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 Constitution and the rule of law, and commitment to serve the American people. (Competencies: Knowledge of the American System of Government, Commitment to the Rule of Law, Civic-Mindedness).

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. (Competencies: Fiscal Responsibility, Managing Resources, Leveraging Technology).

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. (Competencies: Technical Skill, Problem Solving, Agility and Resilience).

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. (Competencies: Accountability, Developing Others, Executive Judgement).

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. (Competencies: Operational Mindset, Innovation, Strategic Thinking).

Note: If you are a member of the SES or have been certified through successful participation in an OPM approved SES Candidate Development Program (SESCDP), or have SES reinstatement eligibility, you do not need to respond to the ECQs. Instead, you MUST attach proof (e.g., SF-50, Certification by OPM's SES Qualifications Review Board (QRB)) of your eligibility for noncompetitive appointment to the SES.

A method to present demonstrated evidence of the ECQs and MTQs is to use the C - C - A - R model (Challenge / Context / Action / Results):

1. Challenge - Describe a specific problem or goal.

2. Context - Talk about the individuals and groups you worked with, and/or the environment in which you worked to tackle a particular challenge (e.g., clients, co-workers, members of Congress, shrinking budget, low morale).

3. Action - Discuss the specific actions you took to address a challenge.

4. Results - Give specific examples of the results of your actions. These accomplishments demonstrate the quality and effectiveness of your leadership skills.

Review the C - C - A - R model (Challenge / Context / Action / Results) guidance in OPM Guide to Senior Executive Service Qualifications and the Qualifications Review Board.

Education

This position has a positive education requirement; to be rated as qualified, you must provide copies of college transcripts for the degree and courses specified below. Failure to provide copies of college transcripts will result in a rating of "Ineligible".

To qualify for this position you must meet one of the basic requirements described below:

a. Degree: accounting; or a degree in a related field such as business administration, finance, or public administration that included or was supplemented by 24 semester hours in accounting. The 24 hours may include up to 6 hours of credit in business law. (The term "accounting" means "accounting and/or auditing" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.")

OR

b. Combination of education and experience: at least 4 years of experience in accounting, or an equivalent combination of accounting experience, college-level education, and training that provided professional accounting knowledge. The applicant's background must also include one of the following:

(1) Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law;

(2) A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or

(3) Completion of the requirements for a degree that included substantial course work in accounting or auditing, e.g., 15 semester hours, but that does not fully satisfy the 24-semester-hour requirement of paragraph A, provided that (a) the applicant has successfully worked at the full-performance level in accounting, auditing, or a related field, e.g., valuation engineering or financial institution examining; (b) a panel of at least two higher level professional accountants or auditors has determined that the applicant has demonstrated a good knowledge of accounting and of related

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