Summary This position is located in the Licensing Division Section, Financial Management Division, Office, Assistant Register and Dir Operations, Copyright Office. Responsibilities Copyright is a form of legal protection provided by the laws of the United States (title 17, U. S. Code) to authors of literary, dramatic, musical, artistic, and other works. The United States Copyright Office, a service unit of located within the Library of Congress and under the direction of the Register of Copyrights, administers the Copyright Law, advises Congress and government agencies on legal and policy matters; provides international representation on copyright issues; administers the national copyright registrations system; provides collections materials to the Library through voluntary registration and mandatory deposit programs; records documents relating to copyright chain of title; administers statutory license provisions of the law, including collecting and distributing royalties; maintains the world's largest database of copyright public records; and, provides information and reference services to the public. The Licensing Section in the Copyright Office administers the statutory licenses in the Copyright Act (Title 17 of the U.S. Code). The Section collects royalty fees from: 1) cable operators for retransmitting television and radio broadcasts (Section 111), 2) satellite carriers for retransmitting non network signals (Section 119), and importers or manufacturers for distributing digital audio recording products (Chapter 10). The Section deducts its full operating costs from the royalty fees and invests the balance in interest bearing securities with the U.S. Treasury for later distribution to copyright owners. The Section also administers the statutory licenses for the organization transmitting to the public a webcast (Section 112), the public performance of sound recordings by means of digital audio transmissions (Section 114), making and distributing phonorecords (Section 11 5), and for the use of certain works in connection with non-commercial broadcasting (Section 118). The position is a Fiscal Specialist in the Licensing Section. The incumbent will perform accounting data analysis and reconciliation; financial investment analysis; management of royalty fee distribution; and, analyze accounting procedures. This position is accountable to the Fiscal Section Head. While performing daily activities, the incumbent is responsible for ensuring proper handling and security of all Library of Congress and Copyright Office materials. Serves as the Licensing Section's principal advisor on a wide variety of investment matters. Recommends the most advantageous investment alternatives as well as the design, development, coordination, and implementation of section investment policies and procedures related to the investment of copyright royalty fees. Maintains constant review and analysis of market values for all Treasury securities. Analyzes daily market values, changes, and short- and long-term trends, while taking account of general economic conditions and trends. Determines the break-even rate that will justify reinvestment. Recommends daily investment alternatives in government securities to assure the highest rate of return on shortest investment time. Ensures that the sources and applications of funds are processed in an accurate and timely manner to obtain the maximum return on investment and liquidating funds no sooner than necessary to make refunds, transfers, and distributions. Distributes royalty fees to representatives of both national and international organizations based upon an analysis of legal documents, including the distribution order issued by the Register of Copyrights or the Librarian of Congress. The distribution process involves highly complex reconciliations between numerous partial distributions and the final distribution order. Performs analysis and reconciliation of a variety of administrative accounts consisting of accounts with some non-standard, specialized accounts including monthly reconciliations with other library offices in accordance with federal laws, Copyright Office and Library of Congress regulations and practices. Ensures that subsidiary ledgers are reconciled to general ledger accounts by appropriation. Evaluates complex accounting procedures for the Copyright Licensing Section and recommends modifications given circumstances for management review. Assists in developing accounting policies and standards, and in developing solutions to precedent-setting situations. The position description number for this position are 360812 and 360813. The salary range indicated reflects the locality pay adjustments for the Washington, D.C., Metropolitan area. The incumbent of this position will work a compflex; or flextime; or maxiflex work schedule. This is a non-supervisory, bargaining unit position. Relocation expenses will not be authorized for the person(s) selected under this vacancy announcement. Requirements Conditions of Employment Library of Congress employees are prohibited from using illegal drugs, including marijuana. The Library is part of the Federal Government and abides by federal law, so regardless of individual state or District of Columbia laws, marijuana use is illegal, considered criminal activity, and can affect your employment at the Library. In addition, past or current drug use and activities (e.g., selling or distributing) may deem you ineligible for employment. Qualifications Applicants must have had progressively responsible experience and training sufficient in scope and quality to furnish them with an acceptable level of the following knowledge, skills, and abilities to perform the duties of the position without more than normal supervision. Ability to apply financial management processes and techniques. * Ability to perform financial activities. * Ability to provide assistance and consultation on financial matters, issues, and data. * Ability to use automated financial systems to analyze financial information to recommend investment strategies, financial distribution and provide reporting. * Ability to communicate in writing. Ability to communicate effectively other than in writing. Education Additional Information Although it is the Library's policy to afford the maximum pay benefit to employees when setting rates of pay, a new appointee who has had no previous Federal service will generally be paid at step one of the grade. The Library of Congress is an equal opportunity employer. Women, minorities, and persons with disabilities who meet eligibility requirements are strongly encouraged to apply. Applicants must submit a complete application package that is received by the closing date of this announcement. Appointment/retention is subject to a favorable evaluation of an appropriate personnel security/suitability investigation. For more information, please see: Vetting Process This agency provides reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application and hiring process, please email ADA@loc.gov. The decision on granting reasonable accommodation will be determined on a case-by-case basis. Applicants with disabilities may be considered under special hiring procedures and must submit an appropriate certificate of eligibility when applying for this position. The proof or disability/certification may be issued by the State Vocational Rehabilitation Office, Disability Services or Career Services office of the applicant’s college or university, or the Department of Veterans Affairs. The letter must verify that the applicant has a severe disability and must be dated within three years of the date of the application. Certification from health care providers are not accepted. For more information contact the Library's Office of EEO/Diversity Programs at 202-707-6024 or email spp@loc.gov. FAILURE TO SUBMIT YOUR CERTIFICATION WILL CAUSE YOUR APPLICATION TO NOT BE CONSIDERED UNDER THE SELECTIVE PLACEMENT PROGRAM. The Library of Congress is the national library of the United States and is part of the Legislative Branch of the Federal government. As such, all positions are in the excepted service. The Library reserves the right to fill a lesser or greater number of vacancies indicated during the life of this vacancy announcement. Initial permanent appointments to the Library of Congress require completion of a one-year probationary period. Probationary periods served at other Federal agencies do not count toward this requirement. The Library of Congress may offer repayment for all or part of federally insured student loans. However, not all service units within the Library of Congress participates in the repayment of federally insured student loans. Therefore, determination to repay a federally insured student loan is subject to approval by the appropriate service unit. A “Not to Exceed" (NTE) status is used to identify an appointment with a specific ending date. However, the Library has the right to separate a NTE employee at any time due to either performance issues or budget constraints. Are you a veteran? Please indicate the type of veterans' preference you are claiming in your application materials and/or applicant profile and provide the appropriate supporting documentation to validate your claim. Those applying for 5-point preference must submit Member Copy 4 of your DD 214. Those applying for 10-point preference must fill out an SF-15 (click here for the form) and provide the required documentation listed on the back of the form. If required supporting documentation is not attached, Veterans' Preference will not be considered in the application process.