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HCD Financial Analyst IV [045556]

Multi-Family Accountant

Recruitment #18-001220-0003

Introduction

This is a permanent Skilled Service position with full State of Maryland benefits.

Work that Matters - The Maryland Department of Housing and Community Development is a national leader in the development of affordable housing and community development lending. We are proud to be at the forefront in implementing housing policies that promotes and preserves homeownership and creating innovative community development initiatives to meet the challenges of a growing Maryland.

GRADE

20

LOCATION OF POSITION

7800 Harkins Road, Lanham, Maryland 20706

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

POSITION DUTIES

The Division of Community Development Administration is seeking a qualified candidate for the position of Multi-Family Accountant. The Multi-Family Accountant position is responsible for the servicing, accounting and reporting of approximately $500 million in loans for approximately 71 multi-family housing projects located throughout the State of Maryland. 

This position examines and analyzes billings, receipts and escrow changes and records these transactions in the Division of Community Development Administration's sub-ledgers.  The position requires knowledge of generally accepted accounting principles, financial management software systems, real estate finance, and mortgage loan servicing. The ability to interpret complex legal documents is also essential. This position reports accurate and timely information regarding this loan portfolio to senior management, the general ledger team, asset managers, borrowers, the trustee, and mortgage insurers.  Accurate servicing and accounting is critical for Division of Community Development Administration to meet its fiduciary and disclosure obligations to bondholders. 

By issuing tax-exempt bonds for the Multi-Family Program, the Division of Community Development Administration meets the mission of the Department by providing financing at attractive interest rates for non-profit and for-profit entities to construct and rehabilitate multi-family properties. This financing expands the housing opportunities and affordability for low and moderate income citizens across the State of Maryland. 

MINIMUM QUALIFICATIONS

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

Experience:  Four years 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.  

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.  A Master’s degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university may be substituted for two years of the required experience.  

3.  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.    

4.  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 and experience.

SELECTIVE QUALIFICATIONS

One year of experience in government accounting.

DESIRED OR PREFERRED QUALIFICATIONS

Organizational Skills

Operating in a Team Environment

Analytical Skills

Strong Communication Skills (Verbal and Written)

Experience with bond accounting methods

Experience reviewing Financial Legal Documents

Advanced knowledge with Pivot Tables, V-lookups and Amortization Schedules

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 the 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. 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 will be required to complete a qualifications supplement, and the rating is 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 these positions. Qualified applicants may be subject to an Excel test.

BENEFITS

FURTHER INSTRUCTIONS

The online application process is STRONGLY preferred. If you are unable to apply online, you may mail a paper application to:    

Drew Holcombe, Department of Housing and Community Development, Office of Human Resources,
7800 Harkins Road, 
Lanham, MD 20706

If you are unable to upload your transcripts into the system, please send via e-mail to drew.holcombe@maryland.gov.

Please include the following information in the body of the email:

Attn: Drew Holcombe, Senior HR Generalist
Your First and Last Name
Recruitment#
Classification (Job Title) of Recruitment

All application materials must be received by the filing deadline. Incorrect application forms, or resumes in place of the application, will not be accepted. If you are interested in the position and cannot apply online please fill out the revised paper application which can be found on JobAps.  For questions concerning this position, please call 301-429-7546.

As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity. We thank our Veterans for their service to our country and encourage them to apply. Bilingual applicants are encouraged to apply. 

TTY Users: call via Maryland Relay