ACCOUNTANT - LANHAM, MD (ONSITE)

COMPENSATION: $24.18/HOUR

EDUCATION: A Bachelor's Degree in Finance, Business Administration, Economics, Accounting or a related field from an accredited college or university.

EXPERIENCE: 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. 

REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES:

• Knowledge of structured financial products, real estate finance, investments, mortgage-backed securities, loan amortization and servicing, fixed and variable rate debt securities, and financial hedging tools.
• Knowledge of financial transactional structuring, fiscal control reporting, and commercial loan servicing.
• Knowledge of cost systems, federal fund, grant and/or bond and loan accounting.
• Knowledge of Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), fiscal control reporting, commercial accounting systems, and State/Federal reporting requirements.
• Skill in preparing, analyzing, and interpreting complex financial reports and statements.
• Skill in using computerized financial analysis and modeling applications and software including, but not limited to: spreadsheets, software, and database applications.
• Skill in financial analysis and reporting methods as they relate to cost accounting, systems accounting, federal fund accounting, grant and/or bond accounting, and loan accounting.
• Skill in the preparation of clear, accurate, and detailed reports.
• Ability to interpret and apply State and Federal laws, policies, rules, and regulations pertaining to financial budgeting and operations.
• Ability to establish and maintain professional working relationships with customers, employees, supervisory and management staff, personnel from other agencies/institutions, and the general public.
• Ability to effectively organize and manage work assignments while meeting deadlines.
• Ability to communicate effectively.

ESSENTIAL FUNCTIONS:

• Performs financial analysis of one or several programs.
• Performs financial calculations (including mortgage yields) to ensure compliance with U.S. Securities Exchange Commission (“SEC”) and Internal Revenue Service (“IRS”) regulations.
• Performs debt optimization functions, debt and asset portfolio analysis, data analysis for accounting systems, calculations of cash flow, requests for the drawdown of funds, and other related analyses and calculations including the forward-traded Mortgage-Backed Securities (“MBS”) program to meet Department goals and standards, and maintain compliance with State and Federal legislation, rules, regulations, and policies.
• Prepares financial records, reports, and statements for use by management, credit reporting agencies, and internal/external auditors and stakeholders.
• Performs cost reviews, accounting system changes, federal fund distributions, and/or revisions to bond and loan records for inclusion in the general accounting systems.
• Reconciles federal fund allocations to internal and external data systems.
• Monitors the disbursement of funding to ensure compliance with State and Federal legislations, rules, regulations, and policies.
• Establishes and maintains analytical records for bonds, loans, interest rate payments, and amortization methods.
• Performs other related duties as assigned.