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ACCOUNTANT ADVANCED

Recruitment #17-004549-0005

Introduction

The Maryland 529 is an independent State Agency responsible for administering two IRC Section 529 College Savings Plans - the Maryland Prepaid  College Trust and the Maryland College Investment Plan.  The Maryland Prepaid College Trust (MPCT) is a "defined benefit" type plan and the Maryland College Investment Plan (MCIP) is a "defined contribution" type plan, both or which are designed to provide ways for families to save for future college expenses and reduce reliance on future student loan debt.  In addition, the agency will be taking on the  role of administering the State's 529A program through the ABLE ACT designed for Americans living with disabilities.

GRADE

16

LOCATION OF POSITION

217 E. Redwood Street, Suite 1350, Baltimore, MD  21202

Main Purpose of Job

This position is responsible for reconciliation of all financial activities on behalf of the agency. Specifically, this position reconciles the disbursement, depository and lockbox accounts held with the agency's banking services provider; reconciles the agency's recordkeeping system (Banner)activity against bank activity ensuring that overall transactions posted to account holder accounts ties to amounts recorded at the bank; reconciles monthly investment activity for the various accounts held by the agency's custodial bank; and manages the daily cash flow worksheet notifying MD 529 management of the daily cash balances per bank and books based on prior day activities. In addition, the position is responsible for reviewing monthly bank analysis fees against the contract prices so that we can properly approve invoices for payment, and is responsible for tracking outstanding checks and reporting and remitting to the Comptroller's Unclaimed Property Division annually any outstanding checks due for escheatment. This position will additionally provide assistance with general accounting responsibilities such as monthly expenditures reconciliations and prior year accrual reconciliations; fiscal year close-outs, monthly adjusting journal entries and invoice processing. This position will further provide assistance as needed with procurement and inventory and supply control responsibilities such as monitoring contract terms to ensure that all contracts are current.

MINIMUM QUALIFICATIONS

Education: A Bachelor's degree in Accounting from an accredited college or university, including or supplemented by three credit hours in auditing.

Experience: Three years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles.

Notes:

1. 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 for the required education.

2. 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.

3. Possession of a certificate as a Certified Public Accountant or a master's degree in accounting from an accredited college or university may be substituted for one year of the required experience.

4. Applicants may substitute one year of professional auditing experience for one year of the required experience.

5. Candidate may substitute U.S. Armed forces military service experience as a  commissioned officer in the Accounting Officer classification or Financial Management specialty code in the Accounting field of work on a year for year basis for the required experience and education. 

DESIRED OR PREFERRED QUALIFICATIONS

Preferred Qualifications:

  1. State of Maryland fiscal experience
  2. Experience using ADPICS or similar financial systems
  3. Experience with COMAR as it relates to fiscal procurement
  4. Experience processing invoices and payroll

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment.  All information concerning your qualifications must be submitted by the closing date.  We will not consider information submitted after this date.

Resume may not be submitted in lieu of completing the employment application.

For education obtained outside the U.S. you will be required to provide proof of the equivalent American education as determined by a foreign credential evaluation service.  This evaluation must be submitted with your application.

Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.

EXAMINATION PROCESS

The examination will consist of a rating of your education, training, and experience as presented on your application and as they relate to the requirements of the position.  You may be asked to complete a supplemental questionnaire.  The supplemental questionnaire may be used as part of the rating process.  Therefore, it is important that you provide complete and accurate information on your application.

BENEFITS

FURTHER INSTRUCTIONS

Auditing and all relevant coursework must be documented on the application under the section titled "Specialized Training or Classes Relevant for the Job" or by submitting an unofficial or official copy of your transcript(s).  The submitted transcript should identify a minimum of 30 credit hours in accounting coursework including or supplemented by 3 credit hours in auditing.

Upload transcript by scanning multiple pages into one uniform document.  The system will not allow you to upload multiple transcript pages separately.

If you do not have access to a transcript you should list the applicable courses and credits on the application in the section titled "Specialized Training or Classes Relevant to the Job" .

The online application process is STRONGLY preferred.  if online access is not available, you may submit a paper application, supplemental questionnaire, and supportive documents to

Attention: Shawann Hudson

Department of Budget and Management, Recruitment and Examination Division

301 West Preston Street, Room 608, Baltimore, Maryland 21201.

The paper application must be received by the closing date.  If you have any questions concerning the recruitment process for this position, please call 410-767-4910.

TTY  Users: call via Maryland Relay

As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity.

People with disabilities and bilingual candidates are encouraged to apply. We thank our Veterans for their service to our country.




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