Introduction
The Maryland Lottery and Gaming Control Agency (MLGCA) serves as one of the largest revenue sources for the State of Maryland, supporting important state programs and services including education, public health and safety, human resources and the environment. In addition to generating revenue from the sale of lottery products, the MLGCA is also responsible for the oversight of the state’s casino gaming program, providing direction and guidance to its casino partners on financial, security, regulatory and licensing procedures for the facilities. The Agency also regulates Sports Wagering, Daily Fantasy Sports and Electronic Bingo, as well as Instant Ticket Lottery Machines, which are located at almost 90 Veteran’s posts. Gaming in Maryland is a dynamic and growing business that operates around the clock, 365 days of the year.
GRADE
18
LOCATION OF POSITION
Montgomery Park Business Center
1800 Washington Boulevard Ste. 330
Baltimore, Maryland 21230
Main Purpose of Job
The main purpose of this position is to assist and support Accounting Management in the preparation of various required reporting such as monthly Agency press releases, monthly financial statements, annual GAAP statements, ACFR, AUP audits, periodic industry reporting, tax reporting, etc. This position will lead one other position, an Accountant Advanced and will work closely with external and internal auditors. The incumbent will analyze and review sales for the Mega Millions multi-state lottery game to forecast Maryland’s estimated sales and will participate in the meetings with the other member states to assist in the determination of the game’s estimated cash value of the jackpot and the advertised annuity value.
POSITION DUTIES
As part of the Accounting and Finance Department, this position is the lead accountant for financial reporting, banking, revenue disbursements and the finance analyst for the Mega Million Finance jackpot meeting.
•Assisting with the day-to day operations by enhancing transactional oversight and the internal controls of the Accounting and Finance Department.
•Initiating revenue disbursements as required by Maryland statute.
•Working with Accounting Management to oversee and monitor bank user activity, the setting of entitlements, report designs, and creation of wire transfer templates.
•Monitoring the “Positive Pay” exceptions ensuring accurate payments of all checks issued by the Agency.
•Initiation and monitoring of bond purchases for lottery annuity winners.
Performs other related duties.
MINIMUM QUALIFICATIONS
Education: A Bachelor's degree in Accounting from an accredited college or university, including or supplemented by three credit hours in auditing.
Experience: Four years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles to include two years performing advanced duties in the areas of cost accounting, systems accounting, federal fund accounting, or bond and loan accounting.
Notes:
1. Candidates may substitute a Bachelor’s degree from an accredited college or university with thirty credit hours in Accounting and related courses, including or supplemented by three credit hours in auditing for the required education.
2. Applicants who have met the requirements for admission to the CPA examination prior to July 1, 1974 will be considered to have met the educational requirement referenced above.
3. Possession of a certificate as a Certified Public Accountant or a Master's degree in accounting from an accredited college or university may be substituted for one year of the required general accounting experience.
4. Applicants may substitute one year of professional auditing experience for one year of the required general accounting experience.
5. 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 experience and education.
DESIRED OR PREFERRED QUALIFICATIONS
1.Financial statement preparation experience of 2 years (especially if it relates to Generally Accepted Accounting Principles, Special Purpose Financial Statements, Annual Comprehensive Financial Reports, etc.)
2.Experience with accounting software (such as Microsoft Dynamics, etc.)
3.Understanding of and/or experience in bond and annuity investing.
EXAMINATION PROCESS
The assessment may consist of a rating of your education, training, and experience related to the requirements of the position. It is important that you provide complete and accurate information on your application. Please report all experience and education that is related to this position.
BENEFITS
FURTHER INSTRUCTIONS
Resumes will NOT be accepted in lieu of completing the online or paper application. Online application process is STRONGLY preferred. If online access is not available, applicants may submit a paper application and direct any inquiries to:
Maryland Lottery and Gaming Agency
Attn: Tyrice Gorham
1800 Washington Boulevard, Suite 330 Baltimore, MD 21230
Office: 410-230-8840 or email: Tyrice.gorham@maryland.gov
TTY Users: Call via Maryland Relay
As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.
