Accountant Advanced

State of Maryland • Baltimore City, MD

3d • Hybrid

About The Position

Maryland’s Family and Medical Leave Insurance (FAMLI) program makes sure all workers in Maryland have paid time off for medical and family reasons. FAMLI is a social insurance system covering 2.6 million workers and 180,000 employers, delivered as a digitally native, public-facing service. We’re in the early stages of building something as big and as far-reaching as unemployment insurance or a new health department. We know that delivering services primarily through a website, over the Internet, is a new way of doing business in government. The Financial Services Directorate is responsible for establishing and maintaining an efficient financial system, including internal controls and financial procedures, for the FAMLI Division. The Financial Services Directorate safeguards FAMLI funds and other assets, manages FAMLI contributions and benefit payouts, develops financial reports, prepares budgets and projections, and supports internal and external financial audits. This Accountant Advanced will assist the General Accounting Manager and Supervisor in coordinating and implementing the operations of the General Accounting team in the FAMLI Division. This position ensures that the FAMLI Division keeps up-to-date and accurate financial records. In addition to overseeing the daily accounting operations, this role will prepare and/or assist in preparing various monitoring schedules, analyses, and reports. This position will prepare and/or assist in preparing reconciliations along with accounting records. This role will also assist with the month-end, fiscal year close-out, and other special projects as assigned.

Requirements

• A Bachelor's degree in Accounting from an accredited college or university, including or supplemented by three credit hours in auditing.
• Three years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles.

Nice To Haves

• One year of experience performing accounts receivable accounting, including account reconciliations, billing, payment transactions, refunds, or overpayments.
• One year of experience preparing financial reports, account analyses, journal entries, or supporting schedules.
• One year of experience performing month-end, quarter-end, or year-end financial close activities.
• One year of experience reviewing or implementing internal controls or supporting financial audits.
• One year of experience using computerized accounting or financial systems and Microsoft Excel.

Responsibilities

• Implements and enforces standard procedures for the General Accounting team.
• Maintains effective internal controls to ensure the accuracy and reliability of FAMLI fiscal records.
• Maintains accounting records and financial statements in compliance with GAAP and in alignment with FAMLI objectives.
• Works with all members of the General Accounting team to ensure daily, monthly, quarterly & annual postings are being completed.
• Maintains & executes tasks for the monthly and year-end close-out; responsibilities include accruals, journal entries, GAAP schedules, assigned reconciliations and reports.
• Assists with bank accounts.
• Assists in resolving transaction issues.
• Ensures sufficient funds for daily benefit payouts and daily operations.
• Assists with the preparation of the annual budget.
• Assists in tracking budget, expenditure, and procurements for the Division.
• As requested, prepares financial analyses and reports to support FAMLI’s financial management decisions.
• As requested, assists with financial audits and other special projects.

Benefits

• Flexible hours and hybrid teleworking
• Paid holidays 12-13 per year
• Generous paid leave package (annual, sick, personal and compensatory leave)
• State Pension ("defined benefit" plan)
• Tax-deferred supplemental retirement savings plans (401(k) and 457)
• Comprehensive, subsidized health, dental and prescription plans with little to no deductibles, free generic prescriptions, and free preventative health services
• Flexible Spending Account plans for Health Care and Daycare
• State Employees Credit Union

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level