HCD Financial Analyst Trainee; C26018 Fund Financial Analyst Trainee

Overview

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 must be able to take initiative, research, analyze data and propose solutions.

The selected candidate should be a leader who will work as a team, challenge the status quo, effectively communicate ideas and issues, independently implement practical and efficient solutions, and believe change is good.

GRADE
17

Salary
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.

Location
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 within walking distance to the New Carrollton MARC Train Station.

This Fund Financial Analyst Trainee position is a part of the multi-billion-dollar financing operations, closely interacting with 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/or 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 performs financial accounting functions and financial analysis within DFA. This 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. This position 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.

Minimum Qualifications

Education:

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

Experience:

None.

Notes:

• A Certified Public Accountant (CPA) certification or documented eligibility to sit for the CPA Examination may be substituted for the educational requirement.
• Candidates may substitute one year of professional financial analysis experience, such as managing financial asset and debt portfolios, examining, analyzing, and interpreting accounting, budget, grant or real estate investment portfolio records and reports by applying generally accepted accounting principles for 30 credits on a year-for-year basis for the required education.
• Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in the Accounting Officer classification or Financial Management specialty codes in the accounting field of work on a year-for-year basis for the required education.

Experience with accounts payable processing

Experience with accounting information systems

Employees in this classification may be assigned…