Treasury Accountant Trainee (Accountant Trainee)

Maryland Department of Transportation•Baltimore County, MD

4d•Hybrid

About The Position

This is an entry-level professional accountant position within the Division of Finance at the Maryland Transportation Authority (MDTA). The employee will be part of the Treasury Unit, responsible for monthly reconciliation of trust accounts with assets exceeding $1 billion. The role involves close collaboration with other Finance Division units. The MDTA owns and operates eight major toll facilities across Maryland and has been providing safe and convenient transportation for over 50 years. They are committed to quality customer service and rely on their employees to achieve their goals.

Requirements

A Bachelor's degree in Accounting from an accredited college or university.
Three credit hours in auditing.
Candidates may substitute a bachelor’s degree from an accredited college or university with thirty credit hours in Accounting and related courses, including or supplemented by three credit hours in auditing.
Applicants who have met the requirements for admission to the CPA examination prior to July 1, 1974 will be considered to have met the educational requirement.
Provide complete and accurate information on the application, including all relevant experience (full or part-time, volunteer, military, acting capacity, etc.).
List each position held at the same employer if more than one was held, along with the length of time in each position.

Responsibilities

Assist with the agency's weekly banking activities, including fund transfers, data uploads to financial institutions, positive pay verification, check clearing, and returned item issue resolution.
Assist with recording journal entries for investment transactions and cash activities.
Maintain the investment accounting database with periodic trade input, monthly amortization/accretion, interest accrual, and bond pricing.
Learn to maintain schedules related to investments and debt, including amortization tables for bond premiums and cost of issuance.
Learn to calculate monthly trust indenture required deposits to bond service accounts.
Maintain debt service schedules.
Support the Unit Director in investment activities, cash flow modeling, spending analysis, and bond draws.
Confirm investment transactions and transfers.
Assist with the development of year-end financial statements related to investment holdings, including the balance sheet, income statement, cash flow statement, and supplemental schedules and notes.