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HCD Financial Manager I [076176]

Controller, Operating Budget

Recruitment #20-001224-0002


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

Work that matters. The Maryland Department of Housing and Community Development (DHCD) is a national leader in the financing and development of affordable housing and community development lending. As such, the primary function of the Community Development Administration is to encourage and support homeownership in Maryland. We are good but strive to be great. To make this happen our team needs members that will challenge the status quo, effectively communicate ideas and issues, independently bring forth practical and efficient solutions, believe change is good, and want to come to work knowing that what they do makes a difference in their neighborhood.




7800 Harkins Rd 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.  

Free parking is available to the Department's employees on site at the present time; however, please be advised that this is subject to change.  The Department is also accessible by MARC, WMATA, and other public transportation options.


The Division of Finance and Administration is seeking a qualified senior level finance officer to complete the following team:

Controller, Operating Budget 

This position serves as the manager of the Operating Budget in the Division of Finance and Administration, and is a part of the multi-billion dollar financing operations, closely interacting with internal and external professionals to achieve the most optimal and cost effective funding mechanism for affordable housing, community development, business lending and neighborhood revitalization projects. This position is involved in the management, operation and coordination of all units in the Department requiring an understanding of multiple technical areas including capital markets, mortgage products and execution methodologies, underwriting, insurance, asset management, grant/loan agreements and required reporting, debt management, compliance to State and Federal regulations and loan servicing.

This position is responsible for managing cash and appropriation needed for the Departments operations. This is a very complex function in that the unit must read and interpret the amount of admin each fund source allows for each year of the grant or award.  In some cases funds are given to the Department of Housing and Community Development with no admin funds to administer. In this case the incumbent must find or generate cash to cover.  This position utilizes an understanding of cash based accounting, GAAP accounting, Fund Accounting, auditing and creating, defending and managing a budget.  This position works closely with program staff on the formulation of an annual budget, understanding the program requirements, time management in working on auditor support schedules, time allocation, restating GAAP accounting into government accounting for inclusion into the CAFR (State’s Annual Comprehensive Financial Review), payment processing, subsidized housing payments, and audited financial statements.  This position ensures that Department of Housing and Community Development meets the States Treasurer’s close out schedule and DBM’s budget schedule.  

This position functions under tight deadlines in a complex and technical environment, and is crucial to the financial analysis, accounting, cash awards, revenue generation, and completion of mandated reporting.  It is also critical to the operational stability, continuity in management looked upon favorably by the credit rating agencies, plus portfolio of debt and assets, work force stabilization and succession planning goal of the Department.


Education: A Bachelor's degree in Accounting from an accredited college or university.  

Experience:    Four years of experience examining, analyzing and interpreting accounting systems, records and reports to include three years performing advanced duties in the areas of cost accounting, systems accounting or GAAP accounting.      


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. Candidates who have met the requirements for admission to the CPA 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 Master's degree in accounting from an accredited college or university may be substituted for one year of the required general accounting experience.  

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


Preference will be given to applicants who possess the following preferred qualification(s):

Experience managing budgets, financial asset and debt portfolios

Certified Public Accountants 

Strong analysis and financial accounting experience


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 H-1B Visa candidates from paying sponsorship fees, all sponsorship fees must be assumed by the potential employer.


The examination will consist of a rating of your education, training, and experience related to the requirements of the positions. 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 these positions. Selected Candidates may be subject to Excel testing and a written examination.



Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to:

Mr. Christopher Schrader

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  

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

  • Attn: Christopher Schrader, 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 this position and cannot apply online please fill out the paper application. For questions concerning this position, please call 301-429-7414.  

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.