Description
OPEN DATE: March 4, 2024
Moderate Risk/Non-Sensitive
What are Trust Fund Positions?
- Pass Pre-employment Background Check and Subsequent Background Investigation for position designated as low risk.
- Complete a Probationary Period
- Maintain a Bank Account for Direct Deposit/Electronic Transfer.
- The position is open to all candidates eligible to work in the United States. Proof of eligibility to work in U.S. is not required to apply.
OVERVIEW
Come join a dedicated and creative team at an exceptional time for the Smithsonian, an institution with a bold vision for the future: to build a better tomorrow for all. Smithsonian Secretary Lonnie G. Bunch III and the institution’s leadership are launching a campaign to support this vision. The Smithsonian Campaign for Our Shared Futurewill secure funds for all Smithsonian museums and centers as the institution reimagines its mission to find solutions for collective challenges in a rapidly changing world. The campaign will provide a foundation for critical research to ensure people and nature thrive together, build unparalleled education programs with families and partners, collect the world’s most precious objects, document the present while reflecting on the past, and reimagine the visitor experience both in-person and online. We are bringing the Smithsonian off the National Mall and across the country through dynamic programming and affiliate partnerships, creating access for all. The Smithsonian is also developing two new museums—the National Museum of the American Latino and the Smithsonian American Women's History Museum. These museums will share the experiences and perspectives of Latinos and women across history and deepen our shared understanding of what it means to be American.
DUTIES AND RESPONSIBILITIES
- Analyzes financial activities and monitors the execution of the approved operating budget, including cost center operations.
- Exercises budget controls through the review and approval of the obligation and expenditure of funds for management and administrative purposes.
- Performs a variety of unique analytical and technical assignments for the purpose of reviewing, controlling, monitoring, and projecting the financial status in the various appropriated and non-appropriated accounts.
- Maintains current and prior year funding statistics for projection purposes.
- Performs a wide range of analytical and administrative duties supporting the formulation and execution of the appropriated funds.
- Participates in the development of narrative and justifications supporting budget requests.
- Tracks status of commitments, obligations, and expenditures for all accounts to ensures purchases are within established guidelines, and available funds are not exceeded.
- Provides periodic financial reports showing current and projected financial status for Trust accounts. Advises on current projections to assure proper utilization of funds.
- Serves as key member of the OA procurement team. Serves as OA property officer. Prepares and distributes inventory reports. Conducts physical inventory of tagged assets.
QUALIFICATION REQUIREMENTS
- Knowledge of all phases of the Federal budget process including policies, processes, procedures, requirements, and regulations, which govern budgeting and financial management activities in Smithsonian Institution. Knowledge of non-profit accounting and financial management.
- Ability to analyze, interpret, and apply complex accounting and financial reporting techniques, requirements, and methods for cost analysis and control to develop budgetary plans, policies, and guidance and to adjust the budget.
- Ability to plan, organize, and direct major financial reviews; to gather, assemble, correlate, and analyze data; to draw appropriate conclusions; and to prepare recommendations in a format that facilitates management review. Knowledge of automated accounting or financial systems and software programs, including the ability to use a computer for financial analysis and database management and to produce reports.
- Knowledge of standard accounting and financial principles that are used to analyze financial data and to prepare budgets, documentation, and reports.
- Ability to verbally communicate budgetary and financial data and program requirements and objectives in a clear, precise manner to a variety of audiences; and to establish and maintain effective relationships with supervisors, senior officials, and other OA and SI personnel.
- Ability to prepare written materials, such as budgetary and financial plans, analyses, justifications, and reports in a format that meets project guidelines and requirements.