Internal Revenue Service Financial Analyst (Senior Business Appraiser) in United States
Summary WHAT IS THELARGE BUSINESS AND ITNERNATIONAL (LB&I)? The Large Business and International (LB&I) business unit provides service and enforcement activities to support tax compliance of businesses and related entities with assets of $10 million or more, as well as small U.S. businesses engaged in international, U.S. citizens abroad, and foreign persons and businesses with a U.S. tax requirement.See Other Information for Locations Responsibilities WHAT DOES A FINANCIAL ANALYST DO? As a FINANCIAL ANALYST (Business Appraiser) in the IRS you will perform unique, sometimes controversial and precedent setting appraisals of businesses and business interests where the appraisal can have significant tax impact, tax compliance, affect large segments of the taxpayer(s) population, and have the potential to suggest needed legislative change. As a Business Appraiser you will: Perform reviews of appraisals of large and complex closely-held corporate stock, partnership, fiduciary, and individual proprietorship business interests. Perform work for all IRS Operating Divisions, for Appeals and for Counsel. Determine the fair market value of publicly-traded and closely held corporate stocks, securities, and business interests. Be responsible for reviewing unique, highly complex valuation issues relating to the fair market value of tangible and intangible assets; covenants not to compete; officer compensation, built-in gain discounts; marketability discounts; and minority interest discounts. Review facts, and if existing facts are insufficient, request additional information and conduct independent investigations to gather relevant information, and analyze and interpret findings. Function as a technical authority on issues requiring the application of new theories and standards to appraisal problems not susceptible to treatment by accepted and established procedures, or where no accepted or established appraisal procedures exist. Engage taxpayers and their valuation experts in resolving strong disagreements concerning highly controversial valuation issues. Function as a technical authority for valuation issues on income and estate and gift tax examinations, examinations of tax-exempt entities collection activities, and litigation. WHERE CAN I FIND OUT MORE ABOUT OTHER IRS CAREERS? If you want to find out more about IRS careers, visit us on the web at www.jobs.irs.gov Requirements Conditions of Employment Refer to Other Information Click "Print Preview" to review the entire announcement before applying. Must be a U.S. Citizen or National IRS Employees with Career or Career Conditional Appointments - Qualifications You must meet the following requirements by the closing date of this announcement. GS-13 LEVEL: You must have 1 year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Specialized experience for this position includes: Experience with financial analysis project assignments that use business valuation principles, concepts, and advanced techniques to appraise business interests with complex characteristics and to analyze complicated valuation problems. Perform unique and moderately complex appraisals of businesses and business interests as well as making determinations of the value of tangible and intangible assets acquired or sold in corporate acquisitions, mergers, reorganizations, liquidations, etc. or transferred off-shore in an inter-company transaction. Make complex normalizations to financial statements such as reasonable officer compensation, working capital, inventory, liabilities, etc. Analyze and determine control premiums, lack of control, capital gains tax discount, and lack of marketability discounts in connection with unique and complex appraisals of businesses and business interests. - The experience may have been gained in the public sector, private sector or Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis.- To ensure full credit for your work experience, please indicate dates of employment by month/year, and indicate number of hours worked per week, on your resume. In addition to the above requirements, you must meet the following, if applicable:You must have been at the GS-12 level for 52 weeks (time-in-grade requirement). Education Additional Information Positions are located in Large Business and International Division (LB&I) , ECPA Financial Analyst/Sr. Business Appraiser, anda total of 6 vacancies at: 1-vacancy in 1122 Town and Country commons, Chesterfield, Mo. 38275 West Twelve Mile Road, Suit 200, Farmington Hills, MI. 230 S. Dearborn Street, Chicago, IL. or 127 International Drive, Franklin, TN. 1-Vacancy in 2888 Woodcock Blvd, Atlanta, GA.7850 S. W. 6th Court, Plantation, FL or 625 N Flagler Dr. West Palm Beach, FL. 1-Vacancy in4041 N Central Ave, Phoenix, AZ.1999 Broadway, Denver, CO. 1919 Smith, Houston, TX, or 4050 Alpha Rd, Farmers Branch, TX 1-vacancy in 450 Golden Gate Ave, San Francisco, CA.55 South Market Street, San Jose, CA, or 915 Second Avenue, Seattle, WA. 1-vacancy in One Montvale Ave., Stoneham, MA. 135 High Street, Hartford, CT or 150 Court Street, New Haven, CT. 1 vacancy in 1000 Liberty Avenue, Pittsburgh, PA. 200 N High St, Columbus, OH or 6450 Rockside Woods Blvd S, Suite 300, Independence, OH POSITION DESCRIPTIONS: GS-13 93331A PM/C SharePoint site is available for IRS Employees at: https://organization.ds.irsnet.gov/sites/HCOETS/PMC/SPDLibrary/SitePages/Home.aspxCONDITIONS OF EMPLOYMENT: We may select from this announcement or any other source to fill one or more vacancies. This is a bargaining unit position. Alternative work schedule, staggered work hours or telework may be available. Must meet IRS telework eligibility requirements Tour of Duty: Monday - Friday 8:00a.m. -4:30 p.m. The employment of any candidate, including a current employee or a new hire, selected for this position may be conditional upon classification and/or audit of federal tax returns. This audit may include up to 2 years of returns. If you are an IRS/Treasury employee eligible for consideration under the Career Transition Assistance Plan (CTAP), you must submit proof of eligibility by 11:59 PM ET on the closing date of this announcement. If you have any questions concerning your eligibility, please refer back to the CTAP Documentation link in the vacancy under How You Will Be Evaluated.