PORTFOLIO ACCOUNTING SPECIALIST

The Maryland Department of Commerce is seeking qualified applicants for the position of Portfolio Accounting Specialist within the Division of Business Attraction & Special Projects' Office of Finance Programs and Incentives.

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The World Trade Center, 401 East Pratt Street, Baltimore, Maryland 21202

The primary functions of this position are to: monitor, manage and analyze the Finance Program’s portfolio of loans, grants, investments, and tax credit programs. These programs are unique to the Department of Commerce and function similar to that of a private commercial/investment bank and real estate development transactions.

Individual will prepare financial statements in accordance with GAAP, legislative and other management reports for the Department using USL General Ledger, Web Focus, Portfol, and FMIS to ensure the accurate accounting of program activity and to advise management and make recommendations on program funding levels and other activities; post to and maintain various sub-ledger accounts; process billing and collections; perform account reconciliation and research; conduct daily monitoring of loan accounts; assist in the coordination and preparation of Audited Annual Financial Statements, Legislative reports and audits, and budget preparation.

Education: A Bachelor's degree in Accounting from an accredited college or university, including or supplemented by three credit hours in auditing.

Experience: Three years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles.

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 experience.

4. Applicants may substitute one year of professional auditing experience for one year of the required 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.

 

Preference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications.

1) Experience in preparing, analyzing and interpreting financial reports and statements.

Some Statewide travel is required.

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.

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.

STATE OF MARYLAND BENEFITS

If you have questions about this recruitment, please contact the Department of Commerce at 410-767-6300. You may also visit our website at: http://commerce.maryland.gov/commerce