Accountant I

Housing Opportunity Com•Silver Spring, MD

9h•Onsite

About The Position

The Housing Opportunities Commission of Montgomery County (HOC) was established in 1974 to better respond to the County’s need for affordable housing. HOC is authorized to acquire, own, lease, and operate housing; to provide for the construction or renovation of housing; obtain financial assistance from any public or private source to assist its housing activities; and arrange for social services, resident services, and daycare. 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 is rooted in managing entity-level cash management positions, overseeing treasury operations, and analyzing financial data across accounts. The scope and impact of this position stem from its critical role in ensuring the accuracy and timeliness of cash flow information utilized by HOC and external agencies. Personal contacts include staff throughout the agency, auditors, and outside agencies for the purpose of exchanging information and clarifying treasury 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

Monitor and analyze daily receipts cash, wires and ACH in preparation of Journal entries
Resolve coding problems, answer inquiries from other staff and outside agencies.
Prepare on-site bank deposits on various accounts.
Prepare journal entries for all deposits, wires and ACH
Prepare ZBA, Security Deposit and Replacement for Reserve Monthly Journal Entries
Correct and reconcile general ledger accounts as necessary.
Prepare accounting data for posting to general ledger accounts
Complete Monthly Bank Accounts Reconciliation
Upload the records in AODOCS
Perform other related duties as assigned.