FINANCIAL OFFICER
State of Maryland - Baltimore, MD
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IntroductionThis is a MANAGEMENT SERVICES position and serves at the pleasure of the Appointing Authority. **This recruitment is limited to current Maryland State government employees only.** The Maryland Department of the Environment (MDE) is charged with protecting and preserving the State's air, water, and land resources and safeguarding the environmental health of all Maryland's citizens. The Agency's mission is to protect and restore the environment for the health and well-being of all Marylanders with a vision of healthy, vibrant, and sustainable communities and ecosystems in Maryland.MDE headquarters facility offers free parking, a food court, and a gym.GRADE 21 LOCATION OF POSITIONMaryland Department of the Environment Water Infrastructure Financing Administration 1800 Washington Blvd. Baltimore, MD 21230Main Purpose of JobThe Program Manager III serves as the Chief Financial Officer and will oversee the accounting and budget for the administrative costs charged by this unit to the various Special and federal fund sources managed by the Water Infrastructure Financing Administration (WIFA). This position functions as a bond accounting expert and is responsible for the financial accounting of existing revenue bonds issued under the indentures for Water Quality Revolving Loan Fund and Bay Restoration Fund Programs. The incumbent responsibilities in this position include correct annual allocation and liquidation of bond premium, interest expense and cost of issuance over the life of the bonds. The Administration issues revenue bonds to expand financing leverage for both the Water Quality Revolving Loan Fund and Bay Restoration addition to administering the Revolving Loan fund grants from the Environmental Protection Agency and the state's Bay Restoration Fund , the WIFA is also responsible for administering additional federal grants, including the Sewer Overflow and Stormwater Reuse grant and the Emerging Contaminants for Small and Disadvantaged Communities grant. Additional accounting and reporting requirements are required for the use of these funds. This position performs various expenditure, revenue, and budgetary analysis for annual budgets and cash flow monitoring. Additionally, the responsibilities include procurement contract writing on an as needed basis for accounting, financial advisor, bond counsel, arbitrage analyst and bond underwriter.MINIMUM QUALIFICATIONSEducation: Qualified candidates must possess a Bachelor's Degree in business administration or accounting from an accredited college or university. Experience: Eight (8) years of professional experience in government accounting or financial services,with four (4) years of those having been at the managerialsupervisory level. A Masters Degree in Business Administration or Accounting will substitute for one year of general experience. DESIRED OR PREFERRED QUALIFICATIONSPreference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications. Experience in preparing financial forecasts. Experience in federal grants and grant accounting. Experience in cash flow and projections. Experience in researching and responding to audit requests. LIMITATIONS ON SELECTION This recruitment is limited to current Maryland State government employees only. SELECTION PROCESSPlease 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 the information submitted after this date. Successful candidates will be ranked as Best Qualified and placed on the eligible (employment) list for at least one year. RESUMES ARE NOT ACCEPTED AND ARE NOT CONSIDERED IN THE SELECTION PROCESS.All information concerning the qualifications, including any required documentation (diploma, transcript, certificate, etc.) must be submitted and received by the closing date. Information submitted after this date will not be considered.Should you possess a bachelor'smaster's degree from a college or university outside of the United States, you must have your educational credentials evaluated by an approved education review service. This evaluation must be submitted prior to hire. For further information, you may call International Consultants of Delaware, Inc. at 302-737-8715 or World Education Services Inc. at 1-800-932-3897 or 202-331-2925.All Applicants must be legally authorized to work in the United States under the Immigration and Reform Control Act of 1986. You must be legally authorized and possess any necessary documents under this Act in order to be hired in the position for which you applied. BENEFITSSTATE OF MARYLAND BENEFITS FURTHER INSTRUCTIONSIt is highly preferred that you apply online. If you are unable to apply online, you may submit the State paper application and supplemental questionnaire (by the closing date) to or mail to: Maryland Department of the Environment OHR - Recruitment and Examination Division 1800 Washington Blvd. Baltimore MD 21230For questions regarding this recruitment, please contact Olivia Sterrett at 410-537-3105. If you have difficulties submitting your online application, please contact the Department of Budget and Management, Recruitment and Examination Division at 410-767-4850 or thank our Veterans for their service to our country. People with disabilities and bilingual candidates are encouraged to apply. As an equal opportunity employer, Maryland is committed to recruitment, retaining, and promoting employees who are reflective of the State's diversity. MDE is dedicated to creating a workforce that reflects the communities we serve. We strive to cultivate an inclusive environment where differences are celebrated.
Created: 2025-02-18