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HCD Financial Analyst Trainee; C26014 Compliance Officer

Job in Silver Spring, Montgomery County, Maryland, 20900, USA
Listing for: State of Maryland
Apprenticeship/Internship position
Listed on 2026-07-09
Job specializations:
  • Finance & Banking
    Financial Analyst
Salary/Wage Range or Industry Benchmark: 33.92 - 36.59 USD Hourly USD 33.92 36.59 HOUR
Job Description & How to Apply Below
Position: HCD Financial Analyst Trainee (C26014) Compliance Officer

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, analyze data and propose solutions.

The chosen candidate will be a leader who works as a team, who can challenge the status quo, communicate effectively, implement practical solutions, believe change is good, and want to know that what they do makes a difference.

Grade and Salary

Grade 17.

This position offers a salary range of $33.92 - $36.59 per 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 per hour.

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 of the New Carrollton MARC Train Station.

Position Duties

The Division of Finance and Administration is seeking an enthusiastic individual to serve as a Compliance Officer. The Compliance Officer will assist the General Accounting unit’s activities based on the goals and priorities of the Department.

This position performs financial analysis, including examining and interpreting financial data, account reconciliation, and variance analysis, cash flow monitoring, and accounting functions supporting high‑volume statewide financial operations within the General Accounting Unit.

The position supports the financial analysis and processing of annual expenditures of approximately $800 million, including high‑volume RFP disbursements (about 30,000 transactions annually), and financial analysis of annual revenue, approximately $600 million, including incoming wires and paper checks. This includes performing AP and AR aging analysis to monitor outstanding balances, identify delays in payments and collections, and evaluate trends impacting cash flow and operational efficiency.

This role performs financial calculations with account reconciliations, including 99

DEP, 99

CBK, 84175, petty cash, and working fund, and conducts variance analysis to identify discrepancies, unusual trends, and reconciliation differences, ensuring timely resolution in coordination with internal controls, the Accounting Procedures Manual (APM), internal units, and external agencies.

Benefits

DHCD offers limited health benefits, a flexible work schedule, telework opportunities after six months of employment, and the ability to work independently. In addition, we offer a generous salary; training, advancement and career path opportunities; DHCD has an onsite gym and provides shuttle service for MARC train commuters. Parking at the Lanham location is free (subject to change). Contractual staff can earn one hour of paid time off for every thirty hours worked.

Contractual employees who work for an agency covered under the State Employee and Retiree Health and Welfare Benefits Program, have a current employment contract and work 30 or more hours a week (or on average 130 hours per month), may be eligible for subsidized health benefits coverage for themselves and their dependents. As a contractual employee, you will be responsible for paying 25% of the premiums for your medical and prescription coverage, including any eligible dependents you have enrolled.

The State of Maryland will subsidize the remaining 75% of the cost for these benefits. You may also elect to enroll in dental coverage and accidental death and dismemberment insurance, but will be responsible to pay the full premium of these benefits.

Leave may be granted to a contractual employee who has worked 120 days in a 12 month…

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