Chief Financial Officer

The Railroad Retirement Board is seeking an individual to head up its financial office and to work with other Agency senior executives to manage the Board's responsibilities under the Railroad Retirement and Railroad Unemployment Insurance Acts. You will lead the financial management team that supports our mission. In addition, you will serve as a technical and policy advisor to agency officials on budget and accounting operations, policy and reporting.

This position is part of the Bureau of Fiscal Operations, Railroad Retirement Board. The Chief Financial Officer (CFO) is responsible for the financial management of the Railroad Retirement Board and is the chief budget consultant to the three member board. The CFO oversees and manages the development of a financial management planning and reporting process and a 5 year plan for executing these responsibilities in accordance with the Federal Manager's Financial Integrity Act of 1982 and Office of Management and Budget (OMB) Circular No. A-127. The incumbent studies the broad management implications of existing and proposed legislation in terms of cost and budget requirements, and the contraction or expansion of activities.


As a Chief Financial Officer at the ES-0501-00, the incumbent will:

  • Be responsible for the work of compiling financial statements, reports and required documents for supporting, defending and giving testimony concerning budget estimate before Congressional committees, Office of Management and Budget officials, and others.
  • Plan, establish and implement agency wide report systems.
  • Interpret and relate program plans; budget proposals, cost of operations and program accomplishments.
  • Illustrate the financial soundness of the agency.
  • Be responsible for planning and developing required internal systems for accountant control.
  • Serve as key agency contact with the National Railroad Retirement Investment Trust (NRRIT).
  • Study the broad management implications of existing, proposed and amendatory legislation in terms of cost and budget requirements and the contraction or expansion of activities.
  • Serve as a member of the agency's Executive Committee.

Travel Required

  • Occasional Travel
  • You may be expected to travel for this position.

Relocation Authorized

  • Yes
  • You may qualify for reimbursement of relocation expenses in accordance with agency policy.

Job Requirements

Key Requirements

  • Must be a U.S. Citizen
  • Males born after 12/31/59 must be registered for Selective Service
  • Suitable for Federal employment, determined by a background investigation
  • May be required to successfully complete a probationary period


  • The Board shall appoint as the Chief Financial Officer, an individual with demonstrated ability and experience in accounting, budget execution, financial and management analysis, and systems development, at a senior management level.
  • You must meet the Executive Core Qualifications (ECQ's) and Mandatory Technical Qualifications (MTQ's) identified below and your application must demonstrate that you possess these qualifications.
  • Applicants MUST have demonstrated progressively responsible leadership experience that is indicative of senior executive level managerial capability and directly related to the skills and abilities outlined under Executive Core Qualifications (ECQ's) and Mandatory Technical - Qualifications (MTQ's).
  • Typically, experience of this nature will have been gained at or above the GS-15 grade level in the Federal service or its equivalent with state or local government, the private sector, or non-governmental organizations.
  • Failure to meet this basic qualification requirement and all executive and technical qualification factors defined below, automatically disqualifies an applicant.
  • Applicants for an initial SES career appointment must clearly demonstrate that they possess the broad executive core qualifications needed to succeed in the SES.
  • The Office of Personnel Management (OPM) is required by law to review the executive qualifications of each new career appointee to the SES prior to appointment.
  • Therefore, failure by non-SES members to address each of the required ECQ's and MTQ's will result in disqualification of your application. - Please provide examples that are clear, concise, and emphasize your level of responsibility, the scope and complexity of programs managed, program accomplishments, policy initiatives undertaken, the results of your actions, and level of your contacts. All qualified candidates will be evaluated on the relevance of their experience, education, training, self-development, honors, awards, and outside activities.
  • Career Senior Executive Service Members who apply are expected to address only the MTQ's.
  • Your ECQ statement must not exceed ten pages in length.


  • ECQ 1 - LEADING CHANGE: The ability to bring about strategic change, both within and outside the organization, to meet organizational goals. Inherent to this ECQ is the ability to establish an organizational vision and to implement it in a continuously changing environment.
  • ECQ 2 - LEADING PEOPLE: The ability to lead people toward meeting the organization's vision, mission, and goals. Inherent to this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts.
  • ECQ 3 - RESULTS DRIVEN: The ability to meet organizational goals and customer expectations. Inherent to this ECQ is the ability to make decisions that produce high-quality results by applying technical knowledge, analyzing problems, and calculating risks.
  • ECQ 4 - BUSINESS ACUMEN: The ability to manage human, financial, and information resources strategically.
  • ECQ 5 - BUILDING COALITIONS: The ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals.
  • OPM's Guide to the Senior Executive Qualifications provides detailed information on the Executive Core Qualifications.


  • MTQ 1 -Demonstrated ability and experience in governmental accounting, budget formulation and execution, financial management analysis, and systems development at a federal agency.
  • MTQ 2 - Management experience operating large Federal Government financial operations and programs to include the compilation of audited financial statements.
  • MTQ 3 - Experiences representing a Federal Department/Agency or company on budget and/or performance matters before the Office of - Management and Budget (OMB), Congressional Budget Appropriation Committees or other similar governing bodies.
  • Unless you have already been certified by a Qualifications Review Board (QRB) in the past, your ECQ's must be certified by a QRB before appointment can occur.
  • Only experience obtained by the closing date of this announcement will be considered.

Security Clearance

Public Trust - Background Investigation

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