HCD Financial Analyst V [C21020]

This is a contractual position with limited State of Maryland benefits

Work that matters. The Maryland Department of Housing and Community Development (DHCD) is a national leader in affordable housing and community development.  Our finance team is in need of a Lead Analyst that will take initiative and 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.

22

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.

This position serves as a Lead Analyst reporting directly to the Director of the Division of Finance and Administration (DFA) 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. The Position will focus on risk management, fraud prevention, internal audits and will shadow all DFA directors to get a good understanding of how things work to enable them to assist where needed. This is a newly formed position needed to ensure DFA has a recession plan, assist other high level staff when and where needed and create, monitor, test and report on internal controls and potential weaknesses of fraud. Candidate, needs to function independently and be able to also lead a team.  In addition, have strong communication skills and be willing to take initiative to learn about the programs The Department of Housing and Community Development is offering, create a risk assessment of our business lines, suggest process improvements for efficiency and willing to work in a fast paced multi deadline environment.  

To be successful the candidate should be a good communicator, organized, and be an analytical thinker.  They will be involved in macro analysis, creation and deliverance of  internal audits, a risk assessment plan and have an understanding of multiple technical areas including data warehouses, system report writers, electronic file security, capital markets, mortgage products and execution methodologies, electronic file security, underwriting, asset management, grant/loan agreements and required reporting, debt management, and compliance to State and Federal regulations and loan servicing.

This position is responsible to manage large amounts of data, analysis and reporting requiring an understanding of GAAP accounting, Fund accounting, Government accounting, budgeting, and other financial and records retention systems, reporting and analysis functions and for improving the efficiency of these units through technology and automation.

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

Experience: Five 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. 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.

• Strong analytical skills
• Experience with financial or compliance audits
• Experience in GAAP and Government accounting
• Experience with financial forecasting, analysis and financial presentations to executive staff

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.

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.

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. Qualified candidates may be subject to Microsoft Excel Examination. 

Contractual employees who work for an agency covered under the State Employee and Retiree Health and Welfare Benefits Program (the Program), have a current employment contract and work 30 or more hours a week (or on average 130 hours per month) may be eligible for subsidized health benefits coverage for themselves and their dependents. As a contractual employee, you will be responsible for paying 25% of the premiums for your medical and prescription coverage, including any eligible dependents you have enrolled. The State of Maryland will subsidize the remaining 75% of the cost for these benefits. You can also elect to enroll in dental coverage, accidental death and dismemberment insurance, and life insurance, but will be responsible to pay the full premium for these benefits. Leave may be granted to a temporary/contractual employee who has worked 106 days in a 12 month period. This leave accrues at a rate of one hour for every 30 hours worked, not to exceed 40 hours per calendar year.

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 Christopher.Schrader@maryland.gov. Please include the following information in the body of the email: ·        

• Attn: Mr. 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 these positions and cannot apply online please fill out the paper application. For questions concerning these positions, 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.