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This position is in Federal Student Aid (FSA). FSA administers programs providing grants, loans, and other financial assistance to students pursuing postsecondary education. The Chief Financial Officer (CFO) reports to the Principal Deputy Chief Operating Officer and oversees FSA’s financial and budget management. This position collaborates with the agency's CFO in the Office of Finance and Operations and agency's Budget Director in the Office of Planning, Evaluation, and Policy Development.
Learn more about this agency04/05/2024 to 04/26/2024
$147,649 - $221,900 per year
ES 00
1 vacancy in the following location:
No
Yes—as determined by the agency policy.
Occasional travel - This position may require some travel (10% or less).
No
Permanent
Full-time - Full Time
Senior Executive
00
Yes
Yes
SES-2024-0011
785317300
Current or former competitive service federal employees.
Current excepted service federal employees.
Those who meet the five Executive Core Qualifications (ECQs).
Status candidates only. Applicants must be current or prior federal employees. You are encouraged to read the entire announcement before you submit your application package. Your application may not get full consideration if you do not follow the instructions as outlined in the section "How to Apply."
Federal Student Aid's (FSA's) CFO is responsible for managing, directing, and advising FSA leadership, organizational segments, and other senior officials on matters related to financial management, financial systems, budget and accounting, program analysis and evaluation, internal controls, cash management, credit management, and debt management policies, and standards and compliance guidelines. Oversees corrective actions relating to financial audit recommendations.
The position requires outstanding leadership, executive ability, professional judgment, technical knowledge, and wide practical experience in the fields of financial management and administration. As directed and authorized, approves planning, budget formulation, and implementation of legislation affecting financial management.
Collaborates with the Department’s Office of Finance and Operations; Budget Service within the Office of Planning, Evaluation, and Policy Development; and the Office of Management and Budget on behalf of FSA. Represents FSA in meetings with other Federal agencies and external groups. Participates in cross-agency efforts, particularly to improve FSA management and operations. Specifically, the CFO leads the following organizational responsibilities:
FSA Budget. Oversees FSA’s budget formulation, justification, and execution; produces financial analysis; processes travel authorizations and payment, reimbursements, invoices, and administrative payments; and produces budget reports and forecasts. Coordinates efforts with Budget Service within the Office of Planning, Evaluation, and Policy Development.
FSA Financial Management. Leads FSA’s accounting and financial operations. Manages the accounting lifecycle; oversees FSA payment processing, including tracking of receivables and payables; manages FSA financial statement audit activities; oversees the internal control and improper payment programs; develops FSA accounting policy; and produces reliable financial reporting, including the Annual Report. Coordinates work with the agency's Office of Finance and Operations.
FSA Financial Management Systems. Oversees the operation, maintenance, development, testing, and security of the Financial Management System. Manages system interface activities for the FSA general ledger, accounts payable, and accounts receivable transactions between FSA, the Department, and the U.S. Department of the Treasury. Performs configuration management, audit support, and integration between the Finance Office and other FSA offices. Coordinates work with the agency's Office of Finance and Operations.
EXECUTIVE CORE QUALIFICATIONS (ECQs): Unless you are currently under a career SES appointment, are eligible for reinstatement into SES, or have successfully completed a SES Candidate Development Program approved by OPM, you must submit written statements (narrative format) describing accomplishments that would satisfy the ECQs. If you fail to do so, you will be rated as 'ineligible.' You should provide 2 written examples for each ECQ and your ECQs should not exceed ten (10) pages total. When uploading your ECQs, choose the Supporting Document Type called ECQ.
ECQ 1 - Leading Change: This core qualification involves the ability to bring about strategic change, both within and outside the organization, to meet organizational goals. Inherent in this ECQ is ability to establish an organizational vision and to implement it in a continuously changing environment.
ECQ 2 - Leading People: This core qualification involves the ability to lead people toward meeting the organization's vision, mission, and goals. Inherent in this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts.
ECQ 3 - Results Driven: This core qualification involves the ability to meet organizational goals and customer expectations. Inherent in this ECQ is the ability to make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks.
ECQ 4 - Business Acumen: This core qualification involves the ability to manage human, financial, and information resources strategically.
ECQ 5 - Building Coalitions: This core qualification involves the ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.
To view additional information on the proper preparation of Executive Core Qualification statements available on the Office of Personnel Management's website please click here.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): All applicants must submit written statements (narrative format) of accomplishments that would satisfy the technical qualification. You must address each technical qualification separately. You must limit your narratives to two (2) pages per technical qualification. When uploading your MTQs, choose the supporting Document Type called MTQ.
MTQ 1: Knowledge of federal budgeting, accounting, and reporting processes and demonstrated experience in integrating organizational outcomes and program funding.
MTQ 2: Demonstrated experience developing and implementing policies and procedures for a variety of complex business management programs to include budget formulation, financial administration, performance planning, and internal controls that are of major significance to top management and are in alignment with the agency and federal laws and regulations.
MTQ 3: Demonstrated expertise in communicating across all levels within and outside an organization to achieve the goals and objectives of the office.
When responding to the MTQs and ECQs, you must clearly show that you possess the experience, knowledge, skills and ability to perform the duties of this position by submitting narrative responses in which you detail your experience in each of the ECQs and MTQs.
Your examples should be clear and emphasize your level of responsibilities, scope, and complexity of the programs managed and program accomplishments with results of your actions, policy initiatives and level of contacts.
Applicants who use "see resume" as a response WILL NOT receive consideration for the position.
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 a political Schedule A, Schedule C, or Non-Career SES employee in the Executive Branch, you must disclose this information to the HR Office. Failure to disclose this information could result in disciplinary action or removal from Federal Service.
VETERAN'S PREFERENCE - Veteran's Preference does not apply to the SES.
SELECTIVE SERVICE - If you are a male applicant born after December 31, 1959, you must certify at the time of appointment that you have registered with the Selective Service, or are exempt from having to do so under Selective Service law.
REASONABLE ACCOMMODATION - This agency provides reasonable accommodations to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please notify the hiring agency directly. The decision on granting reasonable accommodation will be on a case-by-case basis.
EQUAL EMPLOYMENT OPPORTUNITY - The United States Government does not discriminate in employment on the basis of race, color, religion, sex, national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.
SECURITY CLEARANCE: This position is a non critical-sensitive national security position and appointment requires that you undergo an Access National Agency Check and Inquiries investigation and that the GSA security office grant you a Secret national security clearance. Applicants do not need this level of clearance in order to apply. If you are not a GSA employee, the security office must grant the clearance before you are appointed to htis position unless a pre-appointment waiver of this requirement is approved.
You will be evaluated for this job based on how well you meet the qualifications above.
Applicants will be evaluated by a Qualifications Review Panel of senior officials. The panel will rate and rank applicants on the basis of the quality and extent of total accomplishments, experience and education. The panel will determine the degree to which candidates possess the required knowledge, skills, and abilities to perform the mandatory technical requirements of the position and the mandatory executive core qualifications requirements. Among the factors the evaluation panel will consider in determining the applicant's relative capacity and fitness for the position are education, training, experience and demonstrated executive level qualifications. The Panel will review your resume against each mandatory technical qualifications and mandatory executive core qualifications to determine the best qualified candidates. Candidates determined to be best qualified will be referred to the selecting official for further consideration for the position.
1. Resume: In addition to your written statements addressing the Executive Core Qualifications, the Mandatory Technical Qualifications, and other qualifications as applicable, submit a resume or any other written format you choose to describe your qualifications. Applicants typically provide the following information:
Full name, mailing address, and day email address and evening telephone numbers
Educational information, including the name, city and state of the colleges or universities you attended, as well as the type and year of any degrees received
Information about your paid and non paid work experience related to this position including:
2. MTQ Statement: A narrative statement specifically addressing the mandatory technical qualifications. Each MTQ statement should not exceed two (2) pages.
3. ECQ Statement: A narrative statement specifically addressing each individual ECQ. In lieu of the narrative statement, current career SES members, reinstatement eligibles, and SES Candidate Development Program graduates must provide the documentation in item #4. ECQs should not exceed ten (10) pages total.
4. All current and former career SES members must provide an SF-50, Notification of Personnel Action documenting their status or reinstatement eligibility). Candidates who have successfully completed an Office of Personnel Management approved SES Candidate Development Program must submit a copy of their ECQ certification.
5. All current Federal employees and reinstatement eligible applicants must submit an SF-50 as proof of eligibility.
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications. Therefore, provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
You must complete an on line application package to include the Resume, SF-50, your responses to the MTQs, and your responses to the ECQs. To apply, please select 'Apply Online' button at the bottom of this announcement. Please note: your online resume may not be a complete application. Be sure to carefully read this announcement to see if additional information is required and how it should be submitted.
Applicants who fail to submit all information and documents (i.e., Resume, SF-50, MTQs and ECQs) WILL NOT receive consideration for this position.
You have until 11:59 p.m. Eastern Time on the closing date of this announcement to complete the application process.
NOTE: Applications submitted by means other than those described in this vacancy announcement will NOT be considered.
After all application packages have been received, we will review your application to ensure you meet the basic qualification requirements. We will evaluate each applicant who meets the basic qualifications based on the information provided and may interview the best-qualified applicants. After making a tentative job offer, we will conduct a suitability and/or security background investigation. You should expect to hear back on the outcome of your application within 90 days of the closing date of the announcement.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/785317300. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.
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The Department of Education’s mission is to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access. Our employees are responsible for:
