This opportunity is also open to Status eligible under Announcement 24-HUD-1735. Please refer to that announcement for details on open period, eligibility, and how to apply.
Summary
The position is located in the Department of Housing and Urban Development (HUD), Government National Mortgage Association (GNMA), Office of the Chief Financial Officer (OCFO) within the Government National Mortgage Association (Ginnie Mae). HUD is seeking highly qualified individuals who are willing to meet the challenges of public service and support our mission. We offer salaries comparable to the private sector service and a generous benefits package. We also offer a broad array of program activities to develop your career, such as: networking and training opportunities. At Housing and Urban Development, you'll have a once-in-a-lifetime opportunity to gain insight into housing policy and community development. Also, you can explore new career avenues and most of all, acquire lifelong skills as you represent the federal government. The GNMA or Ginnie Mae is the primary financing mechanism for all government-insured or government mortgage loans.
Overview
Opening and closing dates 06/21/2024 to 07/08/2024
Service: Competitive
Pay scale & grade: GS-15
Appointment type: Permanent
Work schedule: Full-Time
Location
1 vacancy in the following location:
Washington, DC
Relocation expenses reimbursed: No
Telework eligible: Yes as determined by agency policy
Responsibilities
As a/an Supervisory Accountant (STAFF), you will:
Provide subject matter and technical expertise for all accounting, services, auditing and financial reporting topics related to Treasury, FASB, FASAB, OMB, IPERIA, GAO, FTR and HUD Policies, regulations and guidance.
Develop, analyze and review the Federal and Commercial/GAAP financial statements and management's financial, budgetary, and accounting reports for external reporting purposes.
Serve as an advocate for key financial audits as well as the audit resolution and follow-up activities with program office, the Inspector General, and Government Accounting Office as required under OMB Circulars A-50 and A-133.
Direct the reconciling of actual cash, accounting, and budgetary events, including all Master Sub- Servicer-related accounting and reporting activities, to independent source documents to ensure that the general ledger accounts are in order and that budgetary statements accurately represent account balances.
Qualifications
You must meet the following requirements by the closing date of this announcement.
Specialized Experience:
To be qualified for this position at the GS-15 level, you must have at least one year of specialized experience equivalent to the GS-14 level that has equipped you with the particular knowledge, skills, and abilities to perform successfully the duties of the position, and that is typically in or related to the work of the position to be filled.
Experience directing or overseeing a team of professionals, relating to financial management or accounting; AND
Experience preparing or auditing financial statements and notes in accordance with Generally Accepted Federal Accounting Principles and/or Generally Accounting Principles (GAAP) and/or Government Auditing Standards and applicable regulations (such as: Federal Accounting Standards Advisory Board (FASAB), Financial Accounting Standards Board (FASB), OMB financial reporting circulars (i.e., A-136, A-11, & A-123) ; AND
Experience with financial reporting and closing. (Examples could include: federal or commercial reporting in the financial or mortgage loan industry; preparing/reviewing monthly, quarterly or year-end closing and closing entries); AND
Experience interpreting and applying the impact of laws, changes in regulations related to an entity/organization's financial operating and reporting procedures. (Examples could include: ASC, FASB, FASAB, OMB and TFM Circulars).
About Us
At Ginnie Mae, we help make housing a reality for millions of households across America and veterans by channeling global capital into the nation's housing markets. Specifically, the Ginnie Mae guaranty allows mortgage lenders to obtain a better price for their mortgage loans in the secondary mortgage market. The lenders can then use the proceeds to make new mortgage loans available. Ginnie Mae does not buy or sell loans or issue mortgage-backed securities (MBS). Therefore, Ginnie Mae's balance sheet doesn't use derivatives to hedge or carry long term debt. What Ginnie Mae does is guarantee investors the timely payment of principal and interest on MBS backed by federally insured or guaranteed loans — mainly loans insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA). Other guarantors or issuers of loans eligible as collateral for Ginnie Mae MBS include the Department of Agriculture's Rural Development (RD) and the Department of Housing and Urban Development's Office of Public and Indian Housing (PIH). Ginnie Mae securities are the only MBS to carry the full faith and credit guaranty of the United States government, which means that even in difficult times, an investment in Ginnie Mae MBS is one of the safest an investor can make.
Seniority level
Director
Employment type
Full-time
Job function
Analyst
Industries
Financial Services
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