Staff Accountant

U.S. Securities and Exchange Commission

The Division of Enforcement is seeking an applicant to fill the Staff Accountant position. The successful candidate will be assigned to the Enforcement Division's Office of the Chief Litigation Counsel, Bankruptcy, Collection, Distributions, and Receiverships (BCDR) Group, located in Washington, D.C.


Typical duties include:

Assisting Distributions legal staff, upon request, with the review of memos and financial documents and applying sophisticated accounting skills to identify, analyze, and summarize evidence of accounting and auditing irregularities related to violations of the federal securities laws.

Managing and analyzing large sets of data (both accounting and non-accounting) obtained in the implementation of distribution plans. Performing data analytics including sorting, categorizing, and analyzing various data sets relating to distributions and providing the results of data analytics exercises in formats and presentations that can be easily understood by interested parties.

Conducting detailed variance analyses of expenses of distributions, including administrative fees and expenses, against budgeted amounts and leveraging data to prepare forecasts. Estimating, tracking, and reviewing, and approving invoiced expenses in connection with distributions.

Preparing detailed accounting spreadsheets to compare cost proposals, solicitation proposals and budgets, and presenting findings and conclusions concerning the cost-effectiveness of distributions at various stages of implementation, including the fees and expenses of fund administrators, distribution agents, and tax administrators utilized in SEC administrative proceedings and/or federal court actions. Translating findings into terminology and formats which can be understood by both legal and lay personnel.

Working with Distributions legal staff to review solicitation documents, cost proposals, invoices, escrow agreements, distribution plans, summaries of methodologies and fund allocations and identifying economists, and other subject matter experts to assist in developing distribution methodologies, allocations, and conducting independent third-party reviews.

Assisting in the preparation of final accountings and memos submitted to the Commission and filings relating to the administration of distributions and final accountings in district courts.

Interfacing with the Office of Financial Management to assess and confirm collections of ordered funds, invoice payments, distribution payments, and bond payments and to troubleshoot undelivered or improper payments. Coordinating the processing of items in internal SEC financial management systems and the preparation of quarterly reports.

Preparing periodic and annual reports at the request of the Chief of the Office of Bankruptcy, Collections, Distributions, and Receiverships ("BCDR"), and/or the Assistant Directors of the Office of Distributions.

On an ad hoc and timely basis, responding to distributions-related data requests from the Office of the Chairman, Commissioners, the Enforcement Division Director, Chief of the BCDR, and/or other upper management of the SEC.

All qualification requirements must be met by the closing date of this announcement.

Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Qualifying education must have been obtained from an accredited college or university recognized by the U.S. Department of Education.


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. (The term "accounting" means "accounting and/or auditing" in this standard. Similarly, "accountant" should be interpreted, generally, as "accountant and/or auditor.")


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.

MINIMUM QUALIFICATION REQUIREMENT: In addition to meeting the basic requirement, applicants must also meet the minimum qualification requirement below:

SK-14: Applicant must have at least one year of specialized experience equivalent to the GS/SK-13 level:

Applying knowledge of federal securities laws, Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS)

Experience with investigative processes, strategies, and tools to perform detailed analysis, and draw conclusions; and

Providing advice to senior management and develop technical recommendations involving investigations.


ARE YOU USING YOUR EDUCATION TO QUALIFY? You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

PASS/FAIL COURSES: If more than 10 percent of your undergraduate course work (credit hours) were taken on a pass/fail basis, your claim of superior academic achievement must be based upon class standing or membership in an honor society.

FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: