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HCD Financial Manager II (081051)

Director of Operating Budget

Recruitment #23-001225-0002

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Introduction


This is a permanent Management Service position with full 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 high impact manager with a budgeting and financial management background and analytical skills to manage operating budget formulation, reconciliation and reporting functions.  Director of Operating Budget leads the team of operating budget professionals, produces program level and funding source level budget reports accounting for general and administrative expense allowance utilization and maximization, operating grant authorization and budget tracking, budget to accounting record reconciliation with the DFA Finance and Accounting unit.  The Director of Operating Budget must be able to communicate with and motivate staff, be well versed in using analytical software functions, i.e. Excel, budget management systems; advise senior management and oversee implementation of new and enhancement of existing software systems and solutions, effectively communicate with the senior management team at DHCD and with analysts at the Maryland Department of Budget and Management (DBM) and Department of Legislative Services.      

A successful candidate would be a leader who will work independently and on 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. 
 
 

GRADE

25

LOCATION OF POSITION

7800 Harkins Road Lanham, MD 20706.

The Department of Housing and Community Development Headquarters is located in Prince George's County across from the New Carrollton Metro stop. 

POSITION DUTIES

The Director of Operating Budget manages the DHCD operating budget within the Division of Finance and Administration (DFA).  This position reports to the Deputy Director of DFA for Budget.  The primary responsibilities the Director of Operating Budget include (1) annual formulation of operating budget request to DBM and presentation during budget and legislative hearings; (2) tracking of actual expenditures against the budgeted amounts monthly with quarterly reporting and reconciliation with the DFA Finance and Accounting unit; (3) review and approval of operating expenditure requests; (4) communication and data interface with the DFA Finance and Accounting unit; (5)  annual budgetary closeout procedures, reconciliation with actual records and processing of budget amendments and other budget requests; (6) data interface into the DBM budget management systems, budget progress report by source of funds and program; (7) supervision of Operating Budget Controller and management of the operating budget analysts; (8) comprehensive analysis and reporting to internal management and DBM; (9) review and approval of personnel action requests to ensure sufficient budget authority is in place, coding is accurate and funding is identified. 

This position manages, develops and updates budgetary procedures and guidelines to ensure budgetary sufficiency and compliance, develops and implements tools and reporting used for planning, forecasting, monitoring. The Director of Operating Budget makes budget recommendations to DFA leadership team, and is involved in the management, operation and coordination of operating budget activities with multiple programmatic and business units in the Department requiring advanced communication skills, an understanding of multiple technical areas including real estate and business project financing including all applicable content areas, i.e. underwriting, insurance, compliance and asset management, grant/loan agreements and required reporting, debt management, compliance with State and Federal regulations.

MINIMUM QUALIFICATIONS

Education: Bachelor’s Degree from an accredited four-year college or university in Accounting, Finance or Business Administration, and other relevant fields.
 
Experience:  Five years of experience in budget management, accounting, financial analysis, analyzing and interpreting budgets, accounting systems, records and reports by applying generally accepted accounting principles.  Two years must have involved supervision of professional budget and accountant employees, responsibility for program development or operations.

Notes:

1. Candidates may substitute one year of professional financial analysis experience, such as managing grant financing, 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.    
2. A Certified Public Accounting (CPA) certification or documented eligibility to sit for the CPA examination may be substituted for the education requirement.
3. A Master’s degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university may be substituted for the required experience.

DESIRED OR PREFERRED QUALIFICATIONS

Preference will be given to Certified Public Accountants or candidates who have demonstrated management and supervision experience, as well as strong financial analysis, budgeting and financial accounting experience.

Experience with reporting to General Accounting Division, Maryland Comptroller’s Office, state Department of Budget and Management. 

Experience working with independent audit firms, state and federal budget management offices.

Experience with implementing GASB and FASB pronouncements.

Demonstrated experience in budget system, accounting system and loan servicing system implementation and management.

LICENSES, REGISTRATIONS AND CERTIFICATIONS

Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator's license valid in the State of Maryland.

SELECTION PROCESS

Please provide sufficient information on your application to document that you meet the minimum qualifications for this recruitment. Unofficial transcripts, certifications or diplomas to document educational or certification qualifications are required. Educational credentials from foreign countries must be evaluated by an approved education review service. This evaluation must be submitted with your application. For further information, you may call International Consultants of Delaware, Inc. (302) 737-8715 or World Education Services Inc. 1-800-932-3897 or (202) 331-2925. Successful candidates will be placed on the employment (eligible) list for at least one year. Eligible list may be used to fill future vacancies of the same classification. Successful candidates must document eligibility to work in the U.S. upon hire.

Please note: The Maryland Department of Housing and Community Development is not sponsoring new employees in application of the H-1B Visa at this time due to budgetary constraints. All applicants must be legally authorized to work in the United States under the Immigration and Reform Control Act of 1986. Federal regulations prohibit H1B Visa candidates from paying sponsorship fees, all sponsorship fees must be assumed by the potential employer.

EXAMINATION PROCESS

The examination will consist of a rating of your education, training, and experience related to the requirements of the position. You may be required to complete a qualifications supplement, or the rating may be based on your application. Therefore, it is important that you provide complete and accurate information on your application. Report all experience and education that is related to this position.

BENEFITS

FURTHER INSTRUCTIONS

Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to:
Jamaal Simpson
Department of Housing and Community Development
Office of Human Resources
7800 Harkins Road, Lanham, MD 20706
All application materials must be received by the filing deadline. If you are unable to upload your transcripts into the system, please send via email to jamaal.simpson@maryland.gov. Please include the following information in the body of the email:
  • Attn: Jamaal Simpson, HR Generalist
  • Your First and Last Name
  • Recruitment #
  • Classification (Job Title) of Recruitment
Incorrect application forms, or resumes in place of the application, will not be accepted. If you are interested in these positions and cannot apply online please fill out the paper application. For questions concerning these positions, please call 301-429-7781.

TTY Users: call via Maryland Relay.

We thank our Veterans for their service to our country, and encourage them to apply.

As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.



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