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Financial Analyst (Business Valuation Specialist)-12 Month Register

Company: Department of the Treasury
Location: Austin
Posted on: November 25, 2022

Job Description:

Summary

Click on "Learn more about this agency" button below to view Eligibilities being considered and other IMPORTANT information.

WHERE CAN I FIND OUT MORE ABOUT OTHER IRS CAREERS? Visit us on the web at

Learn more about this agency

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Overview

  • Accepting applications
  • Open & closing dates
    10/03/2022 to 07/17/2023


    * Salary

    $94,373 - $150,703 per year


    * Pay scale & grade

    GS 13


    * Help

    Locations

    14 vacancies in the following locations:

  • Phoenix, AZ
  • Los Angeles, CA
  • San Diego, CA
  • San Francisco, CA
  • Show more locations (25)
  • San Jose, CA
  • San Rafael, CA
  • Denver, CO
  • New Haven, CT
  • Plantation, FL
  • Tampa, FL
  • West Palm Beach, FL
  • Atlanta, GA
  • Chicago, IL
  • Baltimore, MD
  • Andover, MA
  • Boston, MA
  • Bloomington, MN
  • Chesterfield, MO
  • Mountainside, NJ
  • New York, NY
  • Columbus, OH
  • Independence, OH
  • King of Prussia, PA
  • Pittsburgh, PA
  • Austin, TX
  • Farmers Branch, TX
  • Fort Worth, TX
  • San Antonio, TX
  • Seattle, WA
  • Remote job
    No


    * Telework eligible

    Yes-as determined by the agency policy.


    * Travel Required

    25% or less - You may be expected to travel for this position.


    * Relocation expenses reimbursed

    No


    * Appointment type

    Permanent -


    * Work schedule

    Full-time -


    * Service

    Competitive


    * Promotion potential

    13


    * Job family (Series)

    1160 Financial Analysis


    * Supervisory status

    No


    * Security clearance

    Not Required


    * Drug test

    No


    * Position sensitivity and risk

    Moderate Risk (MR)


    * Trust determination process

    Suitability/Fitness


    * Announcement number

    23-11660093C-LBX-1160-13


    * Control number

    681040300



    Help

    This job is open to

    * The public

    U.S. Citizens, Nationals or those who owe allegiance to the U.S.



    Clarification from the agency

    Open to U.S. Citizens/Nationals

    Videos

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    Duties

    WHAT IS THE LARGE BUSINESS & INTERNATIONALDIVISION?

    A description of the business units can be found at:

    Vacancies will be filled in the following specialty areas:

    Large Business and International, Director Eastern Compliance, DFO Engineering

    #LI-POST

    This is a position of Financial Analyst in the Large Business and International Division (LB&I) with responsibility for business appraisal projects that are highly complex and controversial. Functions as a technical authority on issues requiring the application of new theories and standards to appraisal problems not susceptible to treatment by accepted and established procedures, or no accepted or established appraisal procedures exist.

    The following are the duties of this position at the full working level:

  • Performs unique, often controversial and precedent setting appraisals of businesses and business interests where the appraisal will have significant tax impact, affect large segments of taxpayers, and with potential to effect legislative change. Provides expertise to government attorneys on cases with litigation potential. Serves as expert witness in U.S. Tax Court or U.S. District Court.
  • Performs appraisals and reviews appraisals prepared by recognized experts and authorities in the industry. Conducts conferences with taxpayers, representatives and experts to explain findings which are often vigorously contested. Prepares appraisal reports which represent the Service's position and documents conclusions with accurate facts and arguments for unagreed issues. Develops and utilizes sophisticated financial, analytical, and appraisal techniques appropriate to the particular type of business interest. Applies research, resourcefulness, and judgment in developing facts, valuation techniques, and tax law applicable to each assignment. Determinations often set precedent for future determinations throughout the industry.
  • Makes determinations of the fair market value of very large and complex corporate, partnership, fiduciary, and individual proprietorship business interests, and other types of financial and investment instruments. Makes determinations of the value of tangible and intangible assets acquired or sold in corporate buyouts, mergers, reorganizations, etc. Allocates the purchase price of large and complex business entities to the various assets acquired in accordance with relevant economic and valuation principles and tax law.
  • Makes determinations of reasonable compensation requirements for business executives using sophisticated analysis of industry data, surveys, and judgment. Reviews overall compensations packages including salary, stock options, retirement benefits, and other forms of remuneration. Makes determinations of marketability and minority discounts for property interests such as stock in closely held corporations, unregistered stocks and securities, limited and general partnership interests, and partial interest in business enterprises and real estate.
  • Observes and studies trends in the appraisal field and promulgates the application of emerging theory and methodology to effect changes in Service practice and policy.
    Help

    Requirements

    Conditions of Employment

  • Must be a U.S. Citizen or National and provide proof of U.S. Citizenship. (Birth certificate showing birth in the U.S; Unexpired U.S. Passport; Certificate of Citizenship or Naturalization; or Report of Birth Abroad of a U.S. Citizen (Form FS-240))
  • Undergo a review of prior performance/conduct and an income tax verification. Refer to "Get Your Tax Record" at to check the status of your account, balance owed, payment history, make a payment, or review answers to tax questions. If you are not in compliance, you will be determined unsuitable for employment with IRS.
  • Must successfully complete a background investigation, including a FBI criminal history record check (fingerprint check).
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S. These documents must be unexpired original or certified copies.
  • Subject to a 1-year probationary period.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
  • We may select from this announcement or any other source to fill one or more vacancies. Additional jobs may be filled.
  • The salary range indicated in this announcement reflects the minimum locality pay up to maximum locality pay for all duty locations listed. The range will be adjusted for selected duty location. General Schedule locality pay tables may be found under Salaries & Wages.
  • This is a bargaining unit position.
  • Tour of Duty: Monday-Friday, 8:00am-4:30pm
  • Alternative work schedule, staggered work hours or telework may be available.
  • Relocation expenses - NO
  • May have to file a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
  • Obtain and use a Government-issued charge card for business-related travel.
    Qualifications

    You must meet the following requirements by the closing date of this announcement:

    QUALIFICATION REQUIREMENTS:

    BASIC REQUIREMENTS - IOR: EDUCATION: Undergraduate and Graduate Education: Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.

    OR

    Experience: Specialized Experience (for positions above GS-5): Experience such as performing financial analysis and evaluation work requiring a comprehensive knowledge of (1) corporate finance and any specialized fields of finance required such as public finance, securities, international finance, money and securities markets, investments, and banking, and (2) the financial and management structure, operations, and practices of corporate and other organizations.

    OR

    Combination of education and experience equivalent to that described above.

    AND

    SPECIALIZED EXPERIENCE GS-13: You must have one (1) year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service.

    Specialized experience for this position includes: Direct experience that includes the appraisal of closely-held businesses or business interests as the primary and typical job duty. Regularly makes determinations of value for intangible assets, and selects and supports control premiums, lack of control, and lack of marketability discounts.

    Federal experience is not required. The experience may have been gained in the public sector, private sector or Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/year, and indicate number of hours worked per week, on your resume.

    For more information on qualifications please refer to OPM's Qualifications Standards.

    Education

    For positions with an education requirement, or if you are qualifying for this position by substituting education or training for experience, submit a copy of your transcripts or equivalent. An official transcript will be required if you are selected.

    A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to Department of Education Accreditation page.

    FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program. It is your responsibility to provide such evidence when applying. Click here for Foreign Education Credentialing instructions.

    Additional information

    * May be eligible for telework based on IRS policy. If you are in a telework eligible position, you may be directed to temporarily telework on a full-time basis due to COVID 19. Employees must be within a 200-mile radius of their official assigned post-of-duty (POD) while in a telework status. Once normal operations resume, employees may be directed back to the office to perform the duties of their position. Telework eligibility does not guarantee telework; employees must meet and sustain IRS telework eligibility requirements and supervisor's approval to participate in the IRS Telework Program. As a reminder - If you are selected for a position, you are responsible for reporting to your designated POD (location) on the negotiated start date or as directed by management. Though many locations may be listed, you will be limited to a maximum of 4 location choices. Please consider each location carefully when applying. If you are selected for a position at one of your location selections, that location will become your official post of duty.

    This is an open continuous announcement which allows applicants to apply up to the closing date of the announcement 07/17/2023. The register will be used to fill an anticipated 14 vacancies. Selections may be made from certificates issued up to 12 months after the 1st cut-off date listed below. Contingent upon funding and space requirements, one or more vacancies may be filled at the locations listed in this announcement as they become available. This announcement may be amended to include additional cut-off dates within the 12-month period if needed, not later than 5 workdays prior to the cut-off date or the final selection date.

    It is anticipated that there will be significant interest in the announcement. As a result, the announcement will have cut-offs for applicant consideration. Eligible applicants who apply by 11:59 pm ET 11/03/2022 will be considered first. All other applicants will be considered in Quality Group order as needed, to fill remaining vacancies. Any required documents should be submitted at the time that you apply - documents will not be accepted after the vacancy closes.

    Read more

    * Benefits

    Help

    A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

    Review our benefits

    Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.



    How You Will Be Evaluated

    You will be evaluated for this job based on how well you meet the qualifications above.

    Your application includes your resume, responses to the online questions, and required supporting documents. Please be sure that your resume includes detailed information to support your qualifications for this position; failure to provide sufficient evidence in your resume may result in a "not qualified" determination.

    Rating: You will be assessed on the following competencies (knowledge, skills, abilities, and other characteristics):

  • Arithmetic/Mathematical Reasoning
  • Economics and Accounting
  • Financial Management Analysis
  • Oral Communications
  • Problem Solving
  • Reading
  • Writing
    Category rating will be used to rank and select eligible candidates. If qualified, you will be assigned to one of two quality level categories, CAT A/B, CAT C depending on your responses to the online questions, regarding your experience, education, and training related to this position. Your rating may be lowered if your responses to the online questions are not supported by the education and/or experience described in your application.

    Referral: If you are among the top qualified candidates, your application may be referred to a selecting official for consideration. Candidates, if required to participate in a selection interview (telephonic and/or in person at the discretion of the Selecting Official in accordance with hiring practices), will be interviewed in quality group order. We will not reimburse costs related to the interview such as travel to and from the interview site.

    Veterans' preference is applied after applicants are assessed. Preference-eligibles will be listed at the top of their assigned quality group and considered before non-preference-eligibles in that quality group. Qualified preference-eligibles with a compensable service-connected disability of 10% or more will be listed at the top of the highest quality group for this position. For scientific and professional positions Qualified preference-eligibles with a compensable service-connected disability of 10% or more will be listed at the top of the highest category for this position, except at the GS-09 and above.

    If you are a displaced or surplus Federal employee (eligible for the Career Transition Assistance Plan (CTAP)/Interagency Career Transition Assistance Plan (ICTAP), you must receive a rating of category CAT C to be rated as "well qualified" to receive special selection priority.

    * Benefits

    Help

    A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.

    Review our benefits

    Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.


    * Required Documents

    As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.

    The following documents are required and must be provided with your application. All application materials, including transcripts, must be in English.

  • Resume - Your resume MUST contain dates of employment (i.e., month/year to month/year or to present). To ensure you receive full credit for relevant experience, include the hours worked per week. We recommend that your resume not exceed 5 pages, only the first 5 pages will be reviewed to determine your eligibility/qualifications. If including Federal service experience, provide pay plan, series and grade, i.e. GS-0301-09. Your resume must NOT include photographs, inappropriate content, or personal information such as age, gender, religion, social security number. If your resume does not contain the required information specified, or contains prohibited information as listed above, your application will be determined incomplete, and you will not receive consideration for this position. (Cover letters are optional.) Please view Resume Tips.
  • Online Application - Questionnaire
  • Education - See Education Section above
  • Registration/License (if applicable) - active, current registration/license
  • Veterans' Preference (if applicable) - You MUST submit a copy of your DD-214 (Member 4 copy), or other official documentation from a branch of the Armed Forces or the Department of Veterans Affairs showing dates of service and type of discharge. If you are serving under active duty, provide certification from the Armed Forces that you will be discharged or released within 120 days from the date of certification. The certification must indicate your dates of service, rank and that you will be separated under honorable conditions. Submit an Application for 10-point Veteran Preference, SF-15, along with the required documentation listed on the back of the form if you are a 10-point preference eligible. For more information on veterans' preference view FedsHireVets.
  • Military Spouses (if applicable) - You MUST submit verification of the marriage to the service member (i.e., a marriage license or other legal documentation verifying marriage) AND:
  • a copy of your spouse's active military orders; OR
  • verification of your spouse's 100% service-connected disability (e.g., VA Letter and/or DD-214); OR
  • verification of the service member's death while on active duty (DD-1300/Death Certificate). You are not eligible if you were not married to the veteran at the time of death or have since remarried.
  • Career Transition Assistance Plan (CTAP) (if applicable) - You MUST submit the required documentation as outlined at: Career Transition Assistance Plan (CTAP). If you are an IRS CTAP eligible, you can apply for jobs within and outside the commuting area. If you are a Treasury CTAP eligible can apply for jobs within

Keywords: Department of the Treasury, Austin , Financial Analyst (Business Valuation Specialist)-12 Month Register, Professions , Austin, Texas

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