The selectee for this position will serve as a Financial Management Trainee with the Financial Management Career Program (FMCP).
The mission of the Department of the Navy's (DON) Financial Management Career Program (FMCP) is to recruit, hire, and train superior individuals to serve as a part of the DON's world-class financial management workforce.
The Financial Management Trainee Program (FMTP) is a 24-month training program for entry-level financial managers referred to as "Trainees." To qualify for this program, you must have earned a qualifying bachelor's degree within the past two years.
Recent college graduates are hired by the FMCP for the DON as entry-level (GS-7/9/11) financial management analysts, accountants, and auditors (job series 501, 510, and 511, respectively).
Trainees are officially assigned to the FMCP but are stationed at various Navy and Marine Corps activities, referred to as "Homeports," throughout the DON.
Following successful completion of their 24-month training program, Trainees graduate from the program and are considered for placement in suitable positions at their Homeports.
"The Financial Management Associate Program (FMAP) is a 24-month program for mid-level financial management personnel referred to as "Associates." To qualify for this program, you must have earned a qualifying master's degree within the past two years.
Recent college graduates with relevant financial management analyst experience are hired by the FMCP as DON mid-level (GS-9/11/12) Financial Management Analysts, Accountants, and Auditors (job series 501, 510, and 511 respectively).
Associates are officially assigned to the FMCP but are stationed at various Navy and Marine Corps activities, referred to as "Homeports." Following successful completion of their 24-month program, FMAP Associates graduate from the program and are considered for placement in suitable positions at their Homeports".
The salary stated above covers various locations across the U.S. Actual salary will vary depending on the duty location of the position filled.
This Public Notice is to gather applications which may or may not result in a referral or selection.
This Public Notice may be used to fill positions in other equivalent pay systems (i.e., NH, NJ, NK).
In order to apply for this position, please submit your resume to the Financial Management Career Program at email@example.com.
The Direct Hire Authority for Financial Management Experts in the Department of Defense is used to appoint qualified candidates who possess a finance, accounting, management, or actuarial science degree, other related degree, or equivalent experience, to certain positions within the competitive service.
This announcement is being used to recruit qualified individuals, under the Office of Personnel Management (OPM) Direct Hire Authority, authorized by 5 United States Code (U.S.C.), Section 3304 and 5 Code of Federal Regulations (CFR) Part 337, Subpart B. The Rule of Three, Veteran's Preference and traditional rating and ranking of applicants do not apply to the Direct Hire process.
For more information on OPM Direct-Hire Authority, please review this link: http://www.opm.gov/DirectHire/factsheet.asp. This is a Direct Hire Public Notice, under this recruitment procedure applications will be accepted for each location/ installation identified in this Public Notice and selections are made for vacancies as they occur.
There may or may not be actual/projected vacancies at the time you submit your application.
In order to qualify for this position, your resume must provide sufficient experience and/or education, knowledge, skills, and abilities to perform the duties of the specific position for which you are being considered.
Your resume is the key means we have for evaluating your skills, knowledge, and abilities as they relate to this position.
Therefore, we encourage you to be clear and specific when describing your experience.
Applicants applying to the Accountant or Auditor positions must meet the following basic education requirement: 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: 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 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.
Additional qualification information can be found from the following Office of Personnel Management website: https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/0500/financial-administration-and-program-series-0501/, https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/0500/accounting-series-0510/, https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/0500/auditing-series-0511/ and https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/#url=GS-ADMIN.
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