HCD Financial Analyst Trainee; C26018

Introduction

This is a contractual position with limited State of Maryland benefits.

Work that matters. The Maryland Department of Housing & Community Development (DHCD) is a national leader in affordable housing and community development. Our team needs a strong manager with an accounting background and analytical skills to manage staff, set the example, review monthly reconciliations and ensure deadlines are met. The candidate for this position must be able to take initiative, research, analysis data and propose solutions.

The characteristics of the chosen candidate would be a leader who will work as a team, who can and will challenge the status quo, effectively communicate ideas and issues, independently implement practical and efficient solutions, believe change is good and want to come to work knowing that what they do makes a difference.

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This position offers a salary range of $33.92 - $36.59/hour, with potential for advancement up to $52.88 based on qualifications, equity, and hiring guidelines. Initial salary offers are determined by qualifications, experience, and available budget, and typically do not exceed $36.59/year.

7800 Harkins Rd, Lanham, MD 20706

DHCD offers a flexible work schedule, telework and job-sharing options, training, advancement and career path opportunities, casual business dress on Fridays, and a competitive salary. There is ample parking and our offices are located in walking distance to the New Carrollton MARC Train Station.

This Fund Financial Analyst/Trainee position is part of the multi-billion-dollar financing operations, closely interacting within internal and external professionals to achieve the most optimal and cost-effective funding mechanism for affordable housing, community development, business lending, energy efficiency and neighborhood revitalization projects. The Position accounts for and reconciles general, special, reimbursable and federal funds within many units in the Department and will acquire an understanding of multiple technical areas including grant accounting and management, compliance with State and Federal regulations, capital markets, mortgage products and execution methodologies, asset management.

This position serves as a Fund Accountant within the Division of Finance and Administration.

This Fund Financial Analyst/Trainee position performs financial accounting functions and financial analysis within DFA. The position will independently be responsible for managing the sub-ledger and detailed accounting, reconciliation and reporting of grants and loans financed with state, federal, special and reimbursable funds. It manages accurate and timely draws and disbursements of assets, coordination with program and governmental agencies, reconciliations, review of MOUs, BB4s, Pos and other legal and regulatory documents and reporting.

DHCD offers health benefits, paid time off, flexible work schedule, training, advancement and career path opportunities, casual business dress Friday, and competitive salary.

Education:

A Bachelor’s degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university.

Experience:

None.

Notes:

1. A Certified Public Accountant (CPA) certification or documented eligibility to sit for the CPA Examination may be substituted for the educational requirement.

2. Candidates may substitute one year of professional financial analysis experience, such as managing financial asset and debt portfolios, examine etc.