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Looking2Pass
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Posted: 07 Nov 2005 at 14:39 | IP Logged  

At one point I was thinking of working for the govn't also, but decided to go the private route.  Now that dc has described what she does and after sitting for the exam, I might take a crack at it also. 

Thanks for the great posts dc, keep it up :)



__________________
FARE - P (can't find NTS for score)
AUD - 79
REG - 83
BEC - 75

Whenever you feel like giving up, always remember the one person who said you could never do it and prove that person wrong.
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joelly
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Posted: 07 Nov 2005 at 15:52 | IP Logged  

dcgrrrl,

Thank you for the posts. It is very uplifting and I'm get more curious of their hiring process.

I really appreciate that you take your time for this. I'm so looking forward to Part III.



__________________
BEC 05/30/06 - 76 (1st try)
REG 11/21/06 - 89 (1st try)
AUD 04/26/07 - 74,71,83 (3rd try)
FAR 08/30/07 - 78 (1st try)
Ethics passed 12/08 (1st try)
Licensed in the state of CA 8/09.

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dcgrrrl
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Posted: 07 Nov 2005 at 16:31 | IP Logged  

Here goes Part III - the what, when, how, why, where, and who of applying for jobs.

First, what jobs can CPA-types do?  Once again, I need to back up here.  Most federal employees are on the General Schedule (GS).  The federal job system gives each job function a four-digit number, and those numbers come in handy when you're looking for open positions.  Accounting and budget functions start with 0501 and go through 0599.  Here's a list of those positions:

Financial Administration and Program Series*** ...GS-0501
Financial Clerical and Technician Series***...........GS-0503
Financial Management Series* ................................GS-0505
Accounting Series*** ..............................................GS-0510
Auditing Series*** ..................................................GS-0511
Internal Revenue Agent Series***...........................GS-0512
Accounting Technician Series*** ...........................GS-0525
Tax Specialist Series*** ..........................................GS-0526
Cash Processing Series*** ......................................GS-0530
Voucher Examining Series***................................. GS-0540
Civilian Pay Series*** ............................................. GS-0544
Military Pay Series***............................................. GS-0545
Budget Analysis Series*** ...................................... GS-0560
Budget Clerical and Assistance Series*** ............... GS-0561
Tax Examining Series*** ........................................ GS-0599
Insurance Accounts Series*** ................................. GS-0593
Financial Management Student Trainee Series ........ GS-0599

There are brief position descriptions here.  Qualification standards are here - don't let them confuse you!  In general, if you have a bachelor's degree with 24 hours in accounting and business law, you meet the baseline education requirements to be an accountant or auditor.

Next, what level position should you look for?  There are 15 position levels on the General Schedule.  Most employees who are hired straight out of college with a bachelor's degree start at GS-7; a few start at GS-5.  (Higher numbers are better.)  If you have a master's degree in the field, you can start at GS-9; if you have a PhD, you can start at GS-11.  If you have relevant experience in the job you're applying for, you may be able to start a little higher.  In the audit positions I've worked in, GS-15s are senior managers/directors, GS-14s are managers, GS-13s are team leaders, and everyone below is plain old staff.  Some agencies have advancement programs where you start at GS-7, get an automatic promotion to GS-9 the next year, GS-11 the next year, and GS-12 the next year.  Promotions for GS-13, 14, and 15 are almost always competitive.  Most people at the GS-13 level have at least four years of experience, to give you an idea of how things work.

OK, now that you're thoroughly confused, WHERE do you look for jobs?  First, don't pay any scam artist to give you leads on open government jobs.  The Office of Personnel Management is the federal government human resources function, and all civil service jobs are listed on their website.  http://jobsearch.usajobs.opm.gov/ is the first place you should go to look for job listings.  There are a number of ways you can search; I prefer to go to http://jobsearch.usajobs.opm.gov/series_search.asp and search by the series number.  Another place to look, particular for audit jobs, is http://www.ignet.gov/jobs1.html.  Most audit jobs are at agency Inspectors General (IGs).  The IGs are typically the internal audit and investigative functions for their agency.  Some agency websites talk about jobs and recruitment programs - here are a few.
http://www.dod.mil/dfas/careers/
http://www.dodig.mil/Audit/auditcareers.htm
http://www.hq.navy.mil/navalaudit/
http://www.hqda.army.mil/aaaweb/carop.htm
https://www.afaa.hq.af.mil/employment/opportunities.htm
http://www.dcaa.mil/careercenter/index.htm

I'll pick up later and finish this off.

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bubba
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Posted: 18 Nov 2005 at 19:36 | IP Logged  

dcgrrrl  thanks for the info
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tyler.durden
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Posted: 25 Nov 2005 at 17:38 | IP Logged  

very nice dcgirl! and to add to that, let me share some of my experience. i'm an auditor with the DoD. this is my first job right out of college. i attended a couple career fairs (mainly looking for private CPA firms) and i saw this job opening from the DoD - "we audit the top defense companies in the nation." sounds good to me. so i applied, got an interview, and got an offer.

the work here is very challenging. we mostly do program audits (those of you that passed audit should know what i'm talking about!). this is something i never learned in school or anywhere. that's where the challenge begins. we have to audit many proposals that the private companies (like boeing or raytheon) submit to the government. then, after the costs are incurred, we do another audit. our audits mainly deals with whether or not costs are allocable and allowable per government regulations. so this is something very different than financial statement audits.

the pay is pretty good. as dcgirl mentioned above, you get multi-grade promotions automatically after each year. so if you start as a GS-7, you'll be a GS-9 one year later. every GS grade jump is about $5,000, so every year you'll get a $10,000 raise, assuming your performance is decent. we work 40 hours a week and every hour more that we worked is accounted for in either overtime pay or credit hours (to be used at another day). stress level is a bare minimum compare to that of the big 4 CPA firms.

As with most government jobs, we get quite a few holidays off. the medical benefits are ok (since they're HMO's). we accumulate 8 hours (1 day) of annual leave and 1 day of sick leave every month. the benefits are there.

Once you're in the government, the government job opportunities are endless. after a couple years, you can apply to many different gov't agencies locally or in DC. i've seen quite a few people leave one agency and going to another. i've also seen some people leaving one agency and working for private industries, especially those companies that they previously audited. so career advancement opportunities are everywhere.

We are also able to travel and help out other offices do work. the great thing is that they are all voluntary. and of course, everything is paid for. we also have trainings to attend to further our knowledge in this type of audit, so don't worry about not knowing a single thing about government auditing.

Is the government the right place for you? that really depends on your style. if you like a stable income, minimal work hours, and don't have to worry if your company's going under, then this is the right place for you.



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