HCD Financial Analyst IV (C26022)

State of Maryland•Prince George's, MD

6d•Hybrid

About The Position

This is a contractual position with limited State of Maryland benefits. The Maryland Department of Housing & Community Development (DHCD) is a national leader in affordable housing and community development. Our team needs a strong manager with an accounting background and analytical skills to manage staff, set the example, review monthly reconciliations and ensure deadlines are met. The candidate for this position must be able to take initiative, research, analysis data and propose solutions. The characteristics of the chosen candidate would be a leader who will work as a team, who can and will challenge the status quo, effectively communicate ideas and issues, independently implement practical and efficient solutions, believe change is good and want to come to work knowing that what they do makes a difference. GRADE 21. This position offers a salary range of $44.00 - $47.50/hour, with potential for advancement up to $68.52 based on qualifications, equity, and hiring guidelines. Initial salary offers are determined by qualifications, experience, and available budget, and typically do not exceed $47.50/year. The Division of Finance and Administration is seeking an enthusiastic individual to serve as the Fund Analyst. The Fund Analyst will be in charge of the servicing of a $187 million portfolio of venture capital programs, loan participation programs, loan guarantee programs, collateral support programs, and capital access programs provided by the Small Business Credit Initiative. The position must coordinate data from many units in the Department requiring an understanding of multiple technical areas including accounting, Generally Accepted Auditing Standards (GAAS) and Sarbanes-Oxley Act of 2002, capital markets, mortgage products and execution methodologies, underwriting, asset management, grant/loan agreements and required stated and federal reporting, debt management, compliance to State and Federal regulations and loan servicing.

Requirements

A Bachelor’s degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university.
Four years 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.
A Certified Public Accountant (CPA) certification or documented eligibility to sit for the CPA Examination may be substituted for the educational requirement.
A Master’s degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university may be substituted for two years of the required experience.
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.
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.
Possess a motor vehicle operator’s license valid in the State of Maryland (if assigned duties requiring vehicle operation).
Document eligibility to work in the U.S. upon hire.
Legally authorized to work in the United States under the Immigration and Reform Control Act of 1986.

Nice To Haves

Experience managing federally funded loan programs
Experience managing federally funded housing voucher programs
Experience in the mortgage banking industry

Responsibilities

Manage staff
Set the example
Review monthly reconciliations
Ensure deadlines are met
Take initiative
Research data
Analyze data
Propose solutions
Challenge the status quo
Effectively communicate ideas and issues
Independently implement practical and efficient solutions
Service a $187 million portfolio of venture capital programs, loan participation programs, loan guarantee programs, collateral support programs, and capital access programs provided by the Small Business Credit Initiative
Coordinate data from many units in the Department
Understand multiple technical areas including accounting, Generally Accepted Auditing Standards (GAAS) and Sarbanes-Oxley Act of 2002, capital markets, mortgage products and execution methodologies, underwriting, asset management, grant/loan agreements and required stated and federal reporting, debt management, compliance to State and Federal regulations and loan servicing.

Benefits

Limited State of Maryland benefits
Flexible work schedule
Telework options
Job-sharing options
Training
Advancement and career path opportunities
Casual business dress on Fridays
Competitive salary
Ample parking
Subsidized health benefits coverage for themselves and their dependents (contractual employees working 30+ hours/week or 130+ hours/month may be eligible)
Dental coverage (employee pays full premium)
Accidental death and dismemberment insurance (employee pays full premium)
Leave accrual (1 hour for every 30 hours worked, not to exceed 40 hours per calendar year, for contractual employees who have worked 120 days in a 12-month period)