Skip to Main Content

HCD Financial Analyst I (052858)

Accountant I

Recruitment #26-001217-0001

Go Back Apply View Benefits

Introduction


This is a Skilled 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 of affordable housing and revitalizing communities. This is an opportunity to join this nationally-recognized, award-winning organization and apply your skills to this high public purpose and challenging area. Annually, DHCD finances approximately 2,700 units of multi-family rental housing in 40 properties, amounting to $350 million in construction and permanent financing. Funding comes from a variety of sources, including state-appropriated funds, taxable and tax-exempt revenue bonds, federal low income housing tax credits, federal HOME funds and other federal funds. Additionally, DHCD administers rental assistance programs and innovative initiatives designed to expand affordable housing opportunities for persons with disabilities, increase the energy efficiency and sustainability of affordable multifamily developments, and preserve rental housing.

CDA's bond financing supports the Department's mission by enabling low-and moderate-income citizens to access affordable housing.  Additionally, it provides small, local governments with access to capital markets at favorable rates and terms. 
  

GRADE

18

This position offers a salary range of $74,475.00 - $84,607.00/year, with potential advancement for up to $117,737.00 based on qualifications, equity, and hiring guidelines.  Initial salary offers are determined by qualifications, experience, and available budget, and typically do not exceed $74,475.00/year.

LOCATION OF POSITION

7800 Harkins Road
Lanham, MD 20706

The Maryland Department of Housing and Community Development is located in Prince George's County, within walking distance to the New Carrollton Metro Stop, Amtrak, and MARC Train. 

POSITION DUTIES

This position requires knowledge of generally accepted accounting principles, complex financial management systems and mortgage loan sub-servicing. The ability to communicate effectively with other Accountants and interpret complex legal documents is essential. This position maintains the existing Single Family portfolio consisting of 4,000 Mortgage loans worth over $309 million and Master Servicer for Down Payment Assistant (DPA) Loans and reports accurate and timely information regarding these loans to senior management for inclusion in bond disclosures, CDA’s general ledger team, other CDA staff, CDA’s Single Family Sub-servicer and Trustee.

This position is responsible for the Single Family servicing and amortization process of loans in the Residential Revenue Bond Indenture. Accounting duties include billing, reporting and maintaining individual loans serviced.

DHCD offers a flexible work schedule, telework and job-sharing options; training, advancement and career path opportunities; casual business dress on Fridays and a competitive salary. 

MINIMUM QUALIFICATIONS

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

Experience:  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.   

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 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.  

DESIRED OR PREFERRED QUALIFICATIONS

  • Mortgage servicing experience reconciling the bond series, analyzing servicer exception reports, cash receipts trustee download.
  • Experience amortizing principal and interest payments.
  • Experience working with foreclosures and loan modification. 

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 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 at least on 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 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 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. 

*Candidates selected for an interview will be subject to take a Microsoft Excel assessment.*

BENEFITS

FURTHER INSTRUCTIONS

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

Charlee Kerr 
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 charlee.kerr@maryland.gov. Please include the following information in the body of the email:  

  • Attn: Charlee Kerr, 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 301-429-7783. 

TTY Users: call via Maryland Relay. 

We thank our Veterans for their service to our country, and encourage them to apply.  

People with disabilities and bilingual candidates are encouraged to apply.

As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.


Click on a link below to apply for this position:

Fill out the Supplemental Questionnaire and Application NOW using the Internet. Apply Online
View and print the Supplemental Questionnaire. This recruitment requires completion of a supplemental questionnaire. You may view and print the supplemental questionnaire here.
Apply via Paper Application. You may also download and complete the Paper Application here.

Powered by JobAps