Trainee Financial Analyst Graduate Jobs (NOW HIRING)

Introduction

\r\n\r\n\r\n\r\n\r\n\r\nThis is a contractual position with limited State of Maryland benefits\r\n\r\n\r\nWork that matters. 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.\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n

GRADE

17\r\n\r\n\r\nThis position offers a salary range of $33.92 - $36.59/hour, with potential for advancement up to $52.88 based on qualifications, equity, and hiring guidelines. Initial salary offers are determined by qualifications, experience, and available budget, and typically do not exceed $36.59/year.\r\n

LOCATION OF POSITION

7800 Harkins Rd, Lanham, MD 20706\r\n\r\n\r\nDHCD offers a flexible work schedule, telework and job-sharing options, training, advancement and career path opportunities, casual business dress on Fridays, and a competitive salary. There is ample parking and our offices are located in walking distance to the New Carrollton MARC Train Station.\r\n

POSITION DUTIES

The Division of Finance and Administration is seeking an enthusiastic individual to serve as a Compliance Officer. The Compliance Officer will assist the General Accounting unit's activities based upon the goals and priorities of the Department.\r\n\r\n\r\nThis position performs financial analysis, including examining and interpreting financial data. The employee performs financial analysis including account reconciliation and variance analysis, cash flow monitoring, and accounting functions supporting high-volume statewide financial operations within the General Accounting Unit.\r\nThe position supports the financial analysis and processing of annual expenditures of approximately $800 million, including high-volume RFP disbursements (approximately 30,000 transactions annually), and financial analysis of annual revenue, approximately $600 million, including incoming wires and paper checks. This includes performing AP and AR aging analysis to monitor outstanding balances, identify delays in payments and collections, and evaluate trends impacting cash flow and operational efficiency.\r\n\r\n\r\nThis role performs financial calculations with account reconciliations, including 99DEP, 99CBK, 84175, petty cash, and working fund, and conducts variance analysis to identify discrepancies, unusual trends, and reconciliation differences, ensuring timely resolution in coordination with internal controls, and the Accounting Procedures manual (APM) internal units and external agencies.\r\n\r\n\r\nDHCD/DFA offers limited health benefits, a flexible work schedule and telework opportunities after six months of employment and the ability to work independently. In addition, we offer a generous salary; training, advancement and career path opportunities; DHCD has an onsite gym and provides shuttle service for MARC train commuters. Parking at the Lanham location is free but subject to change. In addition, contractual staff can earn 1 hour of paid time off for every 30 hours worked.\r\n

MINIMUM QUALIFICATIONS

Education: A Bachelor's degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university. \r\nExperience: None. \r\nNotes: \r\n1. A Certified Public Accountant (CPA) certification or documentedeligibility to sit for the CPA Examination may be substituted for theeducational requirement. \r\n2. 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. \r\n3. 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.\r\n

DESIRED OR PREFERRED QUALIFICATIONS

\r\n\r\n Experience using various software such as FMIS, Microsoft Office, andGoogle Suite\r\n Experience with revenue and expenditure projections (i.e., forecasting expenses, overseeing federal grant funding, experience with variant analysis and reporting)\r\n Successful candidates will have strong analytical skills and problem solving skills, creating financial models using advanced excel formulas or preparation and review of financial statements and disclosures.\r\n\r\n\r\n

LICENSES, REGISTRATIONS AND CERTIFICATIONS

Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator's license valid in the State of Maryland. \r\n

SELECTION PROCESS

Please provide sufficient information on your application to document that you meet the minimum qualifications for this recruitment. Unofficial transcripts, certifications or diplomas to document educational or certification qualifications are required. Educational credentials from foreign countries must be evaluated by an approved education review service. This evaluation must be submitted with your application. For further information, you may call International Consultants of Delaware, Inc. (302) 737-8715 or World Education Services Inc. 1-800-932-3897 or (202) 331-2925. Successful candidates will be placed on the employment (eligible) list for at least one year. Eligible list may be used to fill future vacancies of the same classification. Successful candidates must document eligibility to work in the U.S. upon hire.\r\n\r\n\r\nPlease note:The Maryland Department of Housing and Community Development is not sponsoring new employees in application of the H-1B Visa at this time due to budgetary constraints. All applicants must be legally authorized to work in the United States under the Immigration and Reform Control Act of 1986. Federal regulations prohibit H1B Visa candidates from paying sponsorship fees, all sponsorship fees must be assumed by the potential employer.\r\n

EXAMINATION PROCESS

The examination will consist of a rating of your education, training, and experience related to the requirements of the position. You may be required to complete a qualifications supplement, or the rating may be based on your application. Therefore, it is important that you provide complete and accurate information on your application. Report all experience and education that is related to this position.\r\n

BENEFITS

Contractual employees who work for an agency covered under the State Employee and Retiree Health and Welfare Benefits Program, have a current employment contract and work 30 or more hours a week (or on average 130 hours per month) may be eligible for subsidized health benefits coverage for themselves and their dependents. As a contractual employee, you will be responsible for paying 25% of the premiums for your medical and prescription coverage, including any eligible dependents you have enrolled. The State of Maryland will subsidize the remaining 75% of the cost for these benefits. You can also elect to enroll in dental coverage, accidental death and dismemberment insurance, but will be responsible to pay the full premium of these benefits.\r\n\r\n\r\nLeave may be granted to a contractual employee who has worked 120 days in a 12 month period. This leave accrues at a rate of one hour for every 30 hours worked, not to exceed 40 hours per calendar year.\r\n

FURTHER INSTRUCTIONS

Online applications are STRONGLY preferred. However, if you wish to submit a paper application, you may mail your application and materials to:\r\nJamaal Simpson\r\nDepartment of Housing and Community Development\r\nOffice of Human Resources\r\n7800 Harkins Road, Lanham, MD 20706\r\nAll application materials must be received by the filing deadline. If you are unable to upload your transcripts into the system, please send via email to jamaal.simpson@maryland.gov. Please include the following information in the body of the email:\r\n\r\n Attn: Jamaal Simpson, HR Generalist\r\n Your First and Last Name\r\n Recruitment #\r\n Classification (Job Title) of Recruitment\r\n\r\nIncorrect application forms, or resumes in place of the application, will not be accepted.If you are interested in these positions and cannot apply online please fill out the paper application. For questions concerning these positions, please call 301-429-7781.\r\nTTY Users: call via Maryland Relay.\r\nWe thank our Veterans for their service to our country, and encourage them to apply.\r\nAs an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State's diversity.\r\n