The Maryland Department of Housing and Community Development (DHCD) is currently offering an exciting opportunity for a CDA Financial Analyst II position in Lanham, Maryland. As a key player in a nationally-recognized organization, the successful candidate will contribute to the financial stewardship of CDA’s Single Family Bond Programs, essential in providing affordable housing for low- and moderate-income residents. This role involves detailed financial accounting, trial balance preparation, and data analysis to accurately reflect the financial condition of CDA’s programs. With flexible work arrangements, competitive salaries, and opportunities for career advancement, DHCD presents a highly attractive work environment for experienced candidates. For further details and to apply, please visit the official job posting at https://www.jobapscloud.com/MD/sup/bulpreview.asp?b=&R1=24&R2=000370&R3=0001. Have you ever considered a career as a Financial Analyst? Specifically, an opportunity with the Maryland Department of Housing and Community Development (DHCD) in Lanham, Maryland? It could be the career move you’ve been waiting for.
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CDA Financial Analyst II Opportunity in Lanham, Maryland
The position of CDA Financial Analyst II (C08008) with the Maryland Department of Housing and Community Development (DHCD) represents a significant opportunity for professionals in the housing and finance sectors. This role is not merely a job but a chance to contribute to a nationally recognized and award-winning organization that is at the forefront of financing affordable housing and revitalizing communities.
Job Overview
The CDA Financial Analyst II position is located in Lanham, Maryland, and offers a salary range of $24.09 to $28.91 per hour. The role is full-time and primarily targets experienced non-managerial professionals. With flexible work schedules, telework, and job-sharing options, the position caters to modern-day demands for work-life balance. Additionally, limited benefits are provided to the successful candidate.
The Role’s Significance
DHCD is a national leader in financing affordable housing. Annually, the department finances approximately 2,700 units of multifamily rental housing in 40 properties, totaling around $350 million in construction and permanent financing. The funding sources include state-appropriated funds, taxable and tax-exempt revenue bonds, federal low-income housing tax credits, federal HOME funds, and other federal funds. The CDA Financial Analyst II role is pivotal in supporting these functions.
Main Responsibilities
The core responsibilities of the CDA Financial Analyst II include:
- Accounting for all single-family loan, investment, and bond transactions in two single-family bond indentures.
- Preparing the trial balance and analyzing account data to accurately reflect the financial condition of CDA’s Single Family Bond Programs.
- Providing administrative and technical financial support to employees in CDA Finance and the Division of Development Finance.
The role supports the goals of the CDA and the mission of DHCD, thus contributing to broader state-level housing initiatives.
Benefits and Work Environment
This position offers a unique blend of benefits and work environment perks designed to foster professional growth and work-life balance. Here are some of the noteworthy benefits:
- Flexible Work Schedules: Allows for accommodation of personal commitments and better work-life balance.
- Telework and Job-Sharing Options: Provides the flexibility to work from home and share responsibilities with other employees.
- Training and Advancement Opportunities: Ensures continuous professional development and career progression.
- Casual Business Dress on Fridays: Promotes a relaxed start to the weekend.
Location Benefits
Working at DHCD’s offices at 7800 Harkins Road, Lanham, Maryland, has its perks. The location is within walking distance of the New Carrollton MARC Train Station, providing ease of commute for employees.
Qualifications and Application Process
Required Qualifications
Candidates must meet the following basic qualifications:
- Graduation from an accredited high school or possession of a high school equivalency certificate.
- At least four years of experience in rehabilitation or home improvement mortgage underwriting or loan analysis.
Application Process
For candidates who meet these prerequisites, the next step is to apply online. The application portal is hosted on the Maryland government’s job site, and prospective applicants can view more details and submit their credentials at the following link: Application Link.
Upon visiting the application link, candidates will find a detailed job description, additional requirements, and instructions for submission.
Additional Resources
For those who wish to learn more before applying, the following resources could be beneficial:
- MD Department of Housing and Community Development: Learning about the broader mission, ongoing projects, and annual reports can provide a better context of where this role fits in.
- Career Blogs and Employer Blogs: Insightful articles about career progression, skills development, and employer expectations can prepare candidates to stand out.
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Function and Industry Insights
Understanding the function and industry can be crucial for prospective candidates to align their experience and career aspirations with organizational goals.
Government and Public Services
The CDA Financial Analyst II role falls within the Government and Public Services industry, a sector known for its role in societal development and public welfare. Working within this industry often provides a sense of purpose and the fulfillment of contributing to large-scale, impactful projects.
Analyst Function
As an analyst, the main function is to scrutinize financial data, prepare reports, and ensure accuracy in financial transactions. This involves a blend of technical skills, analytical thinking, and attention to detail. Positions like CDA Financial Analyst II are integral in guiding financial decisions and supporting public housing initiatives.
Company Information
The Maryland Department of Housing and Community Development (DHCD)
DHCD plays an essential role in improving the quality of life in Maryland through various housing and community development programs. Here’s a brief overview of DHCD’s contributions:
- Affordable Housing: DHCD annually finances thousands of affordable housing units, facilitating safe and reasonable living spaces for low- and moderate-income residents.
- Community Revitalization: Through various projects, DHCD engages in community revitalization, ensuring vibrant and sustainable communities across Maryland.
- Innovative Programs: The department administers numerous innovative programs designed to enhance energy efficiency, provide rental assistance, and more.
Contact Information
For additional inquiries or further information, prospective applicants can contact DHCD directly at:
- Phone: 301-429-7414
- Address: 7800 Harkins Road, Lanham, Maryland, 20706, US
Employment Perks
Competitive Salary
The salary for CDA Financial Analyst II is competitive and reflective of the responsibilities involved. With hourly rates ranging from $24.09 to $28.91, the role offers a stable income with the potential for salary growth based on performance and tenure.
Personal and Professional Development
DHCD encourages continuous learning and professional development. Employees have access to training programs, workshops, and potential career advancement opportunities, which can significantly enhance their skill sets and career trajectories.
Closing Date and Urgency
The closing date for this position is June 19, 2024. Prospective applicants are encouraged to submit their applications well before this deadline to ensure they are considered for the role.
Conclusion
The CDA Financial Analyst II position with the Maryland Department of Housing and Community Development is more than just a job; it’s an opportunity to make a meaningful impact on affordable housing and community revitalization in Maryland. With substantial responsibilities, competitive compensation, and an environment that supports professional and personal growth, this role is ideal for experienced financial analysts looking for a promising career.
For more information and to apply, visit the official application link provided earlier. This opportunity could be the next significant step in your professional journey.
