Federal Financial Management Consultant (All Levels) - Washington, DC
Responsive recruiter
Benefits:
- 401(k)
- 401(k) matching
- Competitive salary
- Dental insurance
- Health insurance
- Paid time off
Role Overview:
The Federal Financial Management Consultant provides beginning-to-end audit remediation and sustainment services to help the Navy to achieve and maintain an unmodified (clean) audit opinion. This role focuses on implementing internal controls, remediating audit findings, and modernizing financial reporting through automation.
The Federal Financial Management Consultant provides beginning-to-end audit remediation and sustainment services to help the Navy to achieve and maintain an unmodified (clean) audit opinion. This role focuses on implementing internal controls, remediating audit findings, and modernizing financial reporting through automation.
Key Responsibilities:
- Internal Controls & Risk Management (OMB A-123): Execute the full annual cycle of the Risk Management and Internal Control (RMIC) program. This includes conducting annual risk-based scoping, performing Test of Design (TOD) and Test of Operating Effectiveness (TOE), and developing Process Cycle Memorandums (PCM) and Control Evaluation Matrices (CEM).
- Audit Remediation & Corrective Action Plans (CAP): Collaborate with functional leads to develop CAPs for all Notices of Findings and Recommendations (NFR) within six weeks of issuance. Perform quality reviews of CAPs to ensure they properly remediate conditions identified by Independent Public Accountants (IPA).
- Asset Reporting & Valuation: Analyze and sustain financial management assertions (accuracy, valuation, existence, completeness, rights/obligations) for assets including Fund Balance with Treasury (FBwT), General Property, Plant, and Equipment (GPP&E), and Inventory.
- Universe of Transactions (UoT): Develop and maintain a transactional-level audit trail that reconciles to financial statements. Perform complex reconciliations, including point-to-point and data quality reviews, to ensure population completeness.
- Audit Liaison Support: Facilitate walkthroughs, prepare key supporting documentation (KSD), and craft position papers for IPAs. Monitor the status of audit documentation requests to ensure a minimum on-time submission rate of 95%.
- Data Analytics & Automation: Identify opportunities to leverage Artificial Intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA) to automate manual reconciliation processes and improve data analysis.
Required Knowledge & Compliance Standards:
- Federal Regulations: Federal Managers’ Financial Integrity Act (FMFIA), Federal Financial Management Improvement Act (FFMIA), and CFO Act of 1990.
- Guidance: OMB Circular A-123 (Management’s Responsibility for ERM and Internal Control), GAO Green Book (Standards for Internal Control), and SFFAS (Statement of Federal Financial Accounting Standards).
- Technical Systems: Familiarity with DAF financial and property systems such as Navy ERP (NERP), Advana, and the Audit Response Tool (SharePoint).
Desired Skills:
- Analytical Thinking: Ability to perform root cause analysis on financial variances and audit findings.
- Problem Solving: Capability to develop innovative solutions for systemic process modernization rather than simple remediation.
- Training: Experience in identifying knowledge gaps and developing training materials for government personnel.
Silverthorne Advisory Group LLC
WHY SILVERTHORNE
WE ADVISE AS YOUR BUSINESS PARTNER
The most important thing we can do is do right by our clients. They come to us when something may not be going the way it should. Oftentimes, the root cause is unknown. That’s why, even when our clients ask for a specific service, we ask questions and listen. Not just for their answers, but for what’s not being said, because that’s when true challenges come to light. We help client implement sustainable solutions to leave their organization stronger than when we arrived.
WE INVEST IN OUR PEOPLE
Hiring the best people is just the start. Our employees are our most valuable asset, so we make sure we treat them as such—starting on day one. Through mentorship, guidance, and collaboration, we help them grow their skills and their careers. We respect our employees and support them with the resources they need to do the jobs they want to do. That includes offering competitive salaries, expansive benefits coverage, and an above-industry 401k retirement plan to provide security over their future. When our people are happy, confident, and fulfilled, we are a stronger organization and so are our clients.
WE LOVE WHAT WE DO
We keep our hearts in our work. It makes the days more fun, but more importantly, it makes the outcomes more rewarding. Loving our work means respecting the process, and paying attention to every detail, no matter how small. It’s the difference between working for a paycheck, when anything might do, and working to make an impact, when only our best will do.
SMALL TEAM, BIG RESULTS
People come to Silverthorne when they are ready to do things differently—to start just by listening, to put clients first, and to sweat the details, because the little stuff really is big stuff. People stay at Silverthorne because there’s one thing about us that’s exactly the same. We love what we do.
We are passionate about our work and we enjoy the people we work with. We keep our team small, filling it with bright, talented people who are eager to grow and advance their careers. By providing mentorship and resources to our team, we create a great place to work and deliver the results our clients are looking for.
Think Silverthorne is the right fit for you?
We are passionate about our work and we enjoy the people we work with. We keep our team small, filling it with bright, talented people who are eager to grow and advance their careers. By providing mentorship and resources to our team, we create a great place to work and deliver the results our clients are looking for.
Think Silverthorne is the right fit for you?
Company Website: www.silverthorneadvisory.com
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