ACCOUNTANT LEAD SPECIALIZED
Investment Accounting Division
Recruitment #23-004550-0002
Department | Maryland State Retirement and Pension Systems |
---|---|
Date Opened | 3/31/2023 12:00:00 PM |
Filing Deadline | 4/28/2023 11:59:00 PM |
Salary | $63,556.00 - $98,523.00/year |
Employment Type |
Full-Time
|
HR Analyst | Jacqueline Wallace |
Work Location |
Baltimore City
|
Introduction
GRADE
LOCATION OF POSITION
Main Purpose of Job
POSITION DUTIES
- Perform investment accounting for month end closing, which requires the verification and allocation of income and expenses to the Retirement Agency's participating governmental Units;
- Prepare bank reconciliations and various monthly financial statements;
- Verify daily collateralization percentages for securities on loan;
- Verify, track, and create management fee and profit-sharing reports, which includes the review of Annual Financial Reports - some with currency conversions; and
- Prepare year-end reports for the Agency's Annual Comprehensive Financial Report.
MINIMUM QUALIFICATIONS
Education: A Bachelor's degree in Accounting from an accredited college or university, including or supplemented by three credit hours in auditing.
Experience: Four years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles to include two years performing advanced duties in the areas of cost accounting, systems accounting, federal fund accounting, or bond and loan accounting.
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 general accounting experience.
4. Applicants may substitute one year of professional auditing experience for one year of the required general accounting 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.
DESIRED OR PREFERRED QUALIFICATIONS
- Experience with Developing, testing, improving, and maintaining new and existing databases;
- Experience with solving database usage issues and malfunctions and providing data management support to users;
- Experience with implementing automated processes and ability to understand front-end users’ requirements (Advanced Microsoft products skills i.e. Excel, VBA, Macros, Power BI, SQL, and Microsoft Access);
- Relevant experience with internal and external audits;
- Experience with account reconciliations and journal entries for general ledgers;
- Experience developing policies and procedures;
- Experience with alternative investment asset class/fund structure, accounting/ financial statement, and recalculation of management/performance fee in accordance with ILPA, IMA.
- Experience with standards associated with Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB);
- Experience with foreign and state withholding tax regimes.