Division of Investment Management’s Chief Accountant is Seeking Candidates for 2023 Professional Accounting Fellow Position

June 5, 2023

The SEC’s Division of Investment Management’s (IM) Chief Accountant’s Office (CAO) is seeking candidates that meet the criteria discussed below for a Professional Accounting Fellow (PAF) position that will begin in the summer of 2023.

To receive consideration for this position you must submit the following requirements by the closing date of this announcement:

  • Excepted service appointment application
  • Resume (curriculum vitae)
  • Complete undergraduate and/or graduate college transcripts
  • If applicable, Veteran’s Preference Documentation
  • Two letters of recommendation from non-relatives

Applicants are required to submit these items on or before June 30, 2023 to IMResumes@sec.gov

Inquiries about the PAF program may be addressed to the attention of CAO’s Mr. Alex Bradford at (202) 551-5364 or bradforda@sec.gov, Ms. Nicolina McCarthy at (202) 551-7482 or McCarthyN@sec.gov, or Mr. Michael Republicano at (202) 551-4977 or republicanom@sec.gov.

The IM PAF program is designed to provide participating fellows with outstanding opportunities for public service, personal development, and career advancement. During the two- to four-year term of the fellowship, the successful candidates may lead and participate in teams assigned to study and develop rule proposals under the federal securities laws; liaise with accounting, auditing, and other professional standard-setting bodies; and consult with public companies and auditors on accounting, auditing, and reporting matters.

CAO is seeking candidates who can draw upon their significant experience in auditing the financial statements of, consulting with, or working for investment companies registered under the Investment Company Act of 1940 (“1940 Act”) and/or registered investment advisers regulated by the Investment Advisers Act of 1940 (“Advisers Act”) to exhibit an understanding of and an ability to succinctly explain policy or practice matters affecting investment companies that are associated with the analysis, application and/or implementation of any of the following:

  • Accounting standards and disclosure requirements applicable to investment companies, including specialized knowledge of Accounting Standards Codification Topic 946: Investment Companies.
  • Auditing and quality control standards and policies in the audits of the financial statements of investment companies, including development and implementation of audit policy and methodology; auditing estimates, including fair value; auditor independence; and advancing the use of technology and data to improve audit quality.
  • Regulatory requirements of Regulation S-X, the 1940 Act for registered investment companies, and rule 206(4)-2 of the Advisers Act for registered investment advisers.

Application Requirements

Candidates must be U.S. citizens to be eligible to begin employment as a PAF.

For United States veterans, in order to receive credit for military service you must indicate dates of service on your resume and provide proof of veteran status (DD-214, Member Copy 4 or other documentation containing dates of service and character of discharge). Disabled veterans and other applicants eligible for 10-point Veteran's Preference please include documentation to validate your claim (VA letter, SF-15, etc.).

In considering all applications, the Commission’s policy of affording equal employment opportunity to all eligible applicants will be followed.

Last Reviewed or Updated: June 7, 2023

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