UI Tax Accountant Professional IV (Internal Only)

State of Maryland • Baltimore City, MD

12h

About The Position

The Maryland Department of Labor, (MD Labor), Division of Unemployment Insurance is accepting applications from qualified candidates for the position of UI Tax Accountant Professional IV (Internal Only. This recruitment will be used to fill current and future vacancies. The resulting eligible list will be maintained for one year after the closing date of the announcement . GRADE 19 LOCATION OF POSITION 100 S. Charles St Baltimore, Maryland 21201. Main Purpose of Job The main purpose of this position, UI Tax Accountant Professional IV is to provide the full-performance level of work in the Accounting Unit within the Accounting and Fund Management Section within the Unemployment Insurance Contributions Division (UI) of the Department of Labor (MD Labor) applying generally accepted accounting principles. This position receives general supervision from the Chief of Accounting. This position examines, analyzes and interprets accounting systems, records and reports in the BEACON system by applying generally accepted accounting principles; maintains UI accounting system, general ledger, and accounting records; prepares financial and management reports and annual financial statements.

Requirements

• Education: A Bachelor's degree in Accounting from an accredited college or university, or a Bachelor’s degree with 30 credit hours in Accounting and/or related courses.
• Experience: Four years of professional accounting experience or four years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles.
• Candidates may substitute the possession of a certificate as a Certified Public Accountant or a Master's degree in Accounting from an accredited college or university for two years of the required experience.
• 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 referenced above.
• Candidates may substitute additional graduate level education in Accounting at an accredited college or university at the rate of 30 credit hours on a year-for-year basis for the required experience.
• 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 experience and education.
• 1 years experience reconciling banking statements and/or financial records.

Nice To Haves

• Prior experience reconciling bank statements
• Proficient in Microsoft Excel and Word
• Strong written and oral communication experience.

Responsibilities

• Examines, analyzes and interprets accounting systems, records and reports within Re-Employment BEACON system by applying generally accepted accounting principles.
• Performs advanced level cost accounting, system accounting federal fund accounting to develop and implement detailed accounting systems not available in general accounting system.
• Reviews and approves financial transactions specifically related to the Unemployment Insurance program.
• Reviews and take appropriate action on work items generated through the Re-Employment BEACON systems.
• Maintains UI accounting systems and accounting records.
• Prepares monthly reconciliations with bank records.
• Reconciles the unemployment insurance clearing account subsidiary ledger, benefit account subsidiary ledger, and trust account subsidiary ledger to the bank statements and trust fund statement monthly. Any discrepancies that are found are resolved either with bank representatives or personnel from the Financial Transaction Unit.
• Assists in gathering and supplying information to both internal and external auditors (including legislative auditors).
• Prepares financial reports or statements and gives fiscal advice to UI management.
• Participates in required training necessary to carry out job functions and to gain knowledge in Maryland’s Unemployment Insurance laws, regulations, and directives.
• Participates in cross-training among them and may be called upon to provide s upport when a particular unit is operating under a deficiency.

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
• Number of Employees: 5,001-10,000 employees