The Auditor (Bankruptcy) is responsible for the financial analysis and related investigative work associated with bankruptcy cases under applicable law. This analysis and investigative work supports the litigation and civil enforcement efforts of the USTP. Analytical and investigative assignments require a professional knowledge of accounting and financial analysis to perform work that is similar in scope and complexity to that performed by a public accounting firm.
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Job Grade: 13
Total Openings: 1
The duties and responsibilities for a 0511 Auditor (Bankruptcy) generally include, but are not limited to, the following: Applying professional accounting knowledge, understanding of business operations, and knowledge of bankruptcy laws and procedures related to the full scope, including difficult and complex chapter 7 and chapter 11 bankruptcy cases. Reviewing and analyzing bankruptcy cases and determining adequacy and accuracy of financial documents submitted. Performing exams, audits, reviews, and analysis of bankruptcy cases administered by standing and panel trustees and determining their adequacy, accuracy, and compliance with accounting principles and practices. Providing a variety of related accounting and auditing services associated with chapter 7 and chapter 11 matters. The duties listed above are generally written for one grade level. If the position is advertised at multiple grades, the duties will be adjusted in difficulty, complexity, and level of supervision, for higher or lower grades, as appropriate. Organizations may also add ‘other duties as assigned’ once you are hired, based on what is included and allowed by the position description.
In addition to meeting the below Specialized Experience and Selective Placement Factor, to qualify for this Auditor (Bankruptcy) position you must: Possess one of the following Basic Requirements: 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. -OR- 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: Twenty-four semester hours in accounting or auditing courses of appropriate type and quality. This can include up to 6 hours of business law; A certificate as Certified Public Accountant or a Certified Internal Auditor, obtained through written examination; or 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 and underlying fields that equals in breadth, depth, currency, and level of advancement that which is normally associated with successful completion of the 4-year course of study described in paragraph A; and (c) except for literal nonconformance to the requirement of 24 semester hours in accounting, the applicant’s education, training, and experience fully meet the specified requirements. Since this position has a positive education requirement, you must submit proof of meeting this requirement. A copy of transcripts(s), a copy of a CPA or CIA license, or a list of related college courses completed (including the name of the attended college/university, its location, course names, number of credit hours and the grades you received for those courses) is REQUIRED. Transcripts can be unofficial copies, but they must come from an accredited college or university, and they must include the courses/names, number of credit hours and the grades you received for those courses. Please ensure that the transcripts or list of completed college courses you have provided include information relevant to the basic education requirements. If your transcripts do not show this required information, your application will not be qualified for this position and will not receive any further consideration. If selected, you will need to submit official transcripts before a firm job offer can be extended. To qualify at the GS-13 level, you must possess:
One year of specialized experience equivalent to the GS-12 grade level or pay band in the Federal service or equivalent experience in the private or public sector. Specialized experience is defined as experience performing audits, reviews, and analysis of bankruptcy cases and determining compliance.
To qualify at the GS-14 level, you must possess:
One year of specialized experience equivalent to the GS-13 grade level or pay band in the Federal service or equivalent experience in the private or public sector. Specialized experience is defined as experience performing audits, reviews, and analysis of bankruptcy cases and determining the adequacy, accuracy, and compliance with accounting principles and practices. All applicants are encouraged to submit a writing sample no longer than 5 pages which demonstrates their abilities with regards to auditing, analysis skills, and written communication skills. For more information on the qualifications for this position, click https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/#url=GS-PROF OR https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/0500/auditing-series-0511/ Selective Placement Factor: Selective Placement Factors (SPF) are special qualification requirements, in addition to the minimum requirements, that are essential in successfully performing the duties of this job. If SPF experience is not documented in your resume, you will not receive further consideration under this announcement. In addition to the specialized experience requirement listed above, this position has a selective placement factor(s):
Applicant must have at least six (6) months bankruptcy experience with a basic knowledge of bankruptcy regulations and procedures. The required bankruptcy experience may be complemented by experience that includes insolvency, regulatory, and/or forensic accounting with respect to state court receivership proceedings, non-bankruptcy insolvency proceedings and/or non-judicial reorganizations, liquidations or termination of a business and its assets as well as the financial analysis of the viability of a business entity. NOTE: While you may have experience in insolvency and/or forensic accounting which would complement your bankruptcy experience, NEITHER this experience or your education can be substituted for the REQUIRED 6 months bankruptcy experience. Applicants who do not meet the selective placement factor are ineligible for further consideration. You MUST meet all qualification requirements by the closing date of this announcement, 01/31/2022.Your resume must support your responses to the questionnaire and qualification requirements. Failure to do so may result in an ineligible rating. See the Required Documents section for important notes about what must be included in your resume.