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Fiscal Specialist, GS-0501

Definitions:

EXPERIENCE: One year of work experience is twelve months working full-time (at least 35-40 hours per week). Part-time experience can be pro-rated (i.e., a year at 20 hours per week is credited as 6 months of experience). If your position consisted of mixed duties, experience credit is given for the percentage of time that you spent on qualifying duties (i.e., if you held a position for 2 years, full-time, consisting of 25% personnel work and 75% budget work, and then applied for a budget position you could calculate your experience as follows: 2 yrs = 24 months. 24 months x 75% [percentage of time spent on budget duties] = 18 months of qualifying experience.)

UNDERGRADUATE EDUCATION: A year of undergraduate education is 30 semester hours, 45 quarter hours or the equivalent of college study. This education must have been obtained in an accredited college or university for which high school graduation or the equivalent was a prerequisite.

GRADUATE EDUCATION: In the absence of specific graduate program information, a year of graduate education is 18 semester hours or 27 quarter hours of graduate level college course work, or the number of credit hours the school attended has determined to represent 1 year of full time study. This education must have been obtained in an accredited college or university.

 

For GS-07:

Applicants must meet one of the following to qualify for the GS-07 level:

One year of specialized experience in or directly related to this position that equipped the applicant with the knowledge, skills, and abilities to perform successfully the duties of this position. To be creditable, the required specialized experience must have been equivalent to at least the GS-05 level in the Federal service. Examples of GS-05 level work include: examining financial management documents for proper accounting classification and authorization; performing reconciliations; analyzing a variety of accounts; entering and processing data into various accounts and the general ledger; recognizing and adjusting differences between the general ledger and subsidiary accounts; preparing monthly trial balances and financial reports; reviewing procedures related to the automated accounting system; and reviewing financial data from various sources for completeness.

**OR applicants may substitute successful completion of one full year of directly related, progressively higher level graduate level education (18 semester hours, 27 quarter hours, or the equivalent).

**OR Superior Academic Achievement based on undergraduate study. (CLICK HERE FOR MORE INFORMATION ON SUPERIOR ACADEMIC ACHIEVEMENT).

**OR combination of successfully competed graduate level education, as described above, and experience, as described above. (CLICK HERE FOR DETAILS ON HOW TO COMBINE EDUCATION AND EXPERIENCE).

 

For GS-09:

Applicants must meet one of the following to qualify for the GS-9 level:

**One year of specialized experience in or directly related to this position that equipped the applicant with the knowledge, skills, and abilities to perform successfully the duties of this position. To be creditable, the required specialized experience must have been equivalent to at least the GS-07 level in the Federal service. Examples of GS-7 level work include: conducting analysis and making accounting system determinations to validate transactions; performing research to resolve accounting system inconsistencies; and verifying accounting data accuracy for statements and reports; and conducting comparative analyses of accounting transactions.

**OR applicants may substitute successful completion of 2 years of directly related, progressively higher level, graduate education or Master's or equivalent graduate degree (such as an LL.B or J.D). (36 semester hours, 54 quarter hours, or the equivalent).

**OR a combination of appropriate specialized experience (as described above) and graduate education (as described above) that is beyond the first year of progressive graduate study to meet the qualification requirements. (CLICK HERE FOR DETAILS ON HOW TO COMBINE EDUCATION AND EXPERIENCE).

 

For GS-11:

Applicants must meet one of the following to qualify for the GS-11 level:

**One year of specialized experience in or directly related to this position that equipped the applicant with the knowledge, skills, and abilities to perform successfully the duties of this position. To be creditable, the required specialized experience must have been equivalent to at least the GS-09 level in the Federal service. Examples of GS-9 level work include: managing accounts receivables; managing reimbursable agreements; and establishing procedures for the end of fiscal year close out.

**OR applicants may substitute successful completion of 3 years of directly related, progressively higher level, graduate education or Ph.D. or equivalent graduate degree (such as an LL.M, if related). (54 semester hours, 81 quarter hours, or the equivalent).

**OR a combination of appropriate specialized experience (as described above) and graduate education (as described above) that is beyond the second year of progressive graduate study to meet the qualification requirements. (CLICK HERE FOR DETAILS ON HOW TO COMBINE EDUCATION AND EXPERIENCE).

 

For GS-12:

Applicants must meet the following to qualify for the GS-12 level:

One year of specialized experience in or directly related to this position that equipped the applicant with the knowledge, skills, and abilities to perform successfully the duties of this position. To be creditable, the required specialized experience must have been equivalent to at least the GS-11 level in the Federal service. Examples of GS-11 level work include: recommending the reprogramming of funds; recommending the amount and timing of fund allotments; recommending work plan improvements; performing budget formulation and execution assignments; researching and identifying new or revised Congressional legislation that impacts program budget formulation and execution functions.

 

For GS-13:

Applicants must meet the following to qualify for the GS-13 level:

One year of specialized experience in or directly related to this position that equipped the applicant with the knowledge, skills, and abilities to perform successfully the duties of this position. To be creditable, the required specialized experience must have been equivalent to at least the GS-12 level in the Federal service. Examples of GS-12 level work include: initiating and recommending approval or disapproval of requests to reprogram funds; reviewing and recommending amount and timing of funds allotments; developing annual work plan to maximize program/budgetary goals; serving as a technical specialist on budget formulation and execution; developing, recommending, and implementing budgetary policies; assessing impact of legislation on program budget formulation and execution functions.

 

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