Financial Technicain

Job Overview

Summary

Must have 1-year of specialized experience at the NF-02/GS-04 equivalent. Specialized experience must demonstrate knowledge of accounting, auditing, budgeting, or financial management functions. Broad knowledge of Department of Defense and Department of the Navy and Department of the Navy financial regulations as they pertain to technical accounting processes and transaction. Knowledge of the accounting methods, procedures, and techniques to conduct difficult and responsible analysis and determinations within a complete accounting system to validate transactions and to perform research to resolve inconsistencies. Knowledge of the interrelationships of various computer file systems and content to resolve problems of processed transactions (e.g., knowledge of computer master file systems, document processing, and the effects of transactions on existing records to modify normal automated processes in existing accounts while protecting historical data). These modifications relate to obligations, collections, disbursements, and erroneous transactions or other actions involving complicated adjustments such as carry back and carry forward and restricted interest cases. Knowledge of SAP enterprise accounting system and financial reports to reconcile and balance accounts, process transactions and adjust discrepancies, and prepare reports on the status of funds and transactions. Knowledge of both manual and automated procedures is required to support the field activity while preparing and finalizing documentation forwarded to higher authority. Knowledge of the authorized MWR General Ledgers category expenses, cost allocations and their proper application towards Uniform Funding and Management (UFM)/Nonappropriated Funds (NAF) standards and practice regulations. Familiarity with accounting software require, with Food Trak, Rec Trak and Qubica preferred. The employee applies DON policies in monitoring the monthly Unified Funding and Management (UFM) process and billing for non-appropriated funded labor and non-labor reimbursement. Knowledge of electronic payment and check issue systems. Responsible for approving payments issuing checks and signing electronic fund transfer (EFT) requests supported by appropriate documents; such payments are processed through electronic fund transfer, the issue of checks and thought the preparation of specific disbursing documents as cash collection. Knowledge of the procedures for disbursing underpayment or collection of overpayment. Knowledge and skill in communication methods required to research or reconstruct accounting errors, convey information, and reconcile and resolve discrepancies with customers for multiple accounts.

Duties

Reconcile detailed listings or reports from System Application and Products (SAP) enterprise automated accounting system and other automated accounting systems of outstanding transactions to control accounts. Employee reconciles subsidiary ledgers to general ledgers performing account adjustment and researching discrepancies between accounts and cost center. Reconciliation includes review, research, and tracking of numerous suspense listings for direct and reimbursable accounts. This work requires a broad knowledge of, accounting codes, classifications and terminology and the ability to apply various methods and techniques. Validate, monitor, control, and maintain accounting transactions and accounting records for multiple general ledger accounts by implementing principles of accounting and double entry book keeping. The employee reviews and approves and authorize a variety of documents ensuring they are in accordance with Navy regulations and charged to applicable account. Knowledge of procedures and regulations to examine invoices, purchase orders, contract and procurement instruction, vouchers and related documents is required. Answer request for information and respond to inquiries for technical assistance. Research discrepancies between accounts, historical data, and source documents to prepare reports and/or provide information on status of funds. Incumbent applies methodologies in order to reconcile prepaid general ledger accounts such as analyzing cost centers, amounts, posting date and posting period. Verify the accuracy of cash items and cash processing procedures in support of the receipt disbursement, examination of checks in US dollars and Local Currency, validating bank and money order details for each vendor to ensure accurate posting to the authorized accounting system. Perform monthly reconciliation for accounts serviced to assure that the basic accounting data and the computerized and manual reports are in balance. Performs technician work in support of budget analysis and administration such compiling, consolidating, checking and arranging funding data. Work requires understanding and skill in the application of administrative rules, regulations and procedures associated with records, presorting, processing, and keeping track of budgetary transactions are required.