The SEC’s Office of the Chief Accountant is accepting applications for Professional Accounting Fellow positions. Fellows will be involved in the study and development of rule proposals under the federal securities laws; will work with accounting, auditing and other professional standard-setting bodies; and will consult with registrants on reporting matters. Groups within the Office of the Chief Accountant plan to select up to five candidates for the following positions:
- The Accounting Group is seeking candidates with significant experience in the application of U.S. GAAP and/or IFRS (areas of specialty may include, but are not limited to, accounting topics such as revenue recognition, compensation, business combinations, and financial instruments);
- The Accounting Group is also seeking candidates with significant experience in performing and reviewing valuations for financial reporting purposes (areas of specialty may include, but are not limited to, business enterprise valuations, financial instruments and other complex securities, along with intangible assets);
- The Professional Practice Group is seeking candidates with significant experience analyzing and implementing auditing, independence and/or quality-control standards (areas of specialty may include,but are not limited to, internal control over financial reporting, audits of broker-dealers and auditing of complex financial instruments).
Interested applicants should submit a resume; Form OF-612, Optional Application for Federal Employment, or any other written format that clearly identifies the title (Professional Accounting Fellow) and grade (SK16-14) of the job for which the applicant is applying; and at least two letters of recommendation from nonrelatives. Form OF-612 is available at the U.S. Office of Personnel Management’s website at opm.gov.
Applicants must submit an eight-to-12-page essay on a subject directly related to a current accounting or auditing topic. Applicants should consider focusing their essay on a particular technical topic and supplementing their technical discussion with a consideration of one or more interrelated policy-level issues. Applicants are encouraged to consider selecting any current accounting or auditing topic on which they possess expertise.
The application and essay should be submitted on or before Jan. 13, 2011, to the Chief Accountant of the Securities and Exchange Commission, 100 F Street, N.E., Washington, DC 20549. In addition to the hard copy, applicants should submit a CD that includes their essay and resume. Inquiries about the program may be addressed to the attention of Josh Paul or Jason Plourde in the Office of the Chief Accountant at 202-551-5851 and 202-551-5323, respectively. Additional information is available on the SEC’s website at tinyurl.com/25rrba7.
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