Accountant I

Housing Opportunity Com•Silver Spring, MD

21h•Onsite

About The Position

This is entry-level professional accounting work providing analysis and preparation of financial and budgetary statements and reports. An employee in this class performs professional accounting assignments, which require analysis and selection of an appropriate course of action. Work in this class deals with recurring assignments to include journal entries, reconciliation of accounts, billing and preparation. Supervisory controls exist in the form of supervisors, but the employee functions in a proficient and independent manner in carrying out the accounting for his/her assignments. There are ample guidelines in the forms of H.O.C.'s policies and administrative regulations, government accounting, State and Federal tax laws, auditing and financial reporting procedures but it may be necessary to adapt or modify existing procedures/practices. Job complexity primarily deals with the analysis and preparation of the financial data contained in the accounts. The scope and effect of this position derives from its impact on the accuracy and timeliness of the financial reports used by HOC and by outside agencies. These reports are also compiled into the comprehensive annual report, which reflects HOC's financial status and credibility. Personal contacts include staff throughout the agency, auditors, outside agencies for the purpose of explaining or providing information, and explaining information and procedures. Work is generally performed in an office environment with no apparent hazards to the employee.

Requirements

At least one year of experience as an Accountant.
Graduation from an accredited college or university with a Bachelor's Degree in Accounting or related degree.
An equivalent combination of education and experience may be accepted.
Basic knowledge of accounting principles and practices.
Knowledge of, or ability to acquire knowledge of, governmental laws, rules, and regulations governing accounting activities at HOC.
Knowledge of, or ability to acquire knowledge of, Inter Company reconciliation.
Knowledge of computerized spreadsheet databases and computerized accounting systems.
Ability to organize, analyze, and interpret financial data to solve accounting problems.
Ability to communicate effectively, both orally and in writing.

Responsibilities

Prepare accounting data for posting to general ledger accounts from subsidiary records and supporting documentation.
Prepare accounts receivable reconciliations to ensure the accuracy and integrity of financial reporting.
Prepare analysis of financial statements and related reports.
Monitor and analyze daily receipts and wire activity.
Research and resolve coding issues, answer inquiries from other staff and outside agencies.
Review and resolve Port-In discrepancies and suspense account balances.
Prepare entries for all deposits, wires and other financial transactions.
Prepare audit schedules as necessary.
Make corrections to the tenant ledger as necessary.
Maintain accurate and organized records.
Perform other related duties as assigned.