Accountant

About the Maryland Transportation Authority (MDTA)

The Maryland Transportation Authority (MDTA) owns, operates, and maintains eight major toll facilities comprised of four bridges, two tunnels, and two turnpikes across the State of Maryland. For over 50 years, the MDTA has provided Maryland's citizens and visitors with safe, secure, and convenient transportation facilities. We are committed to quality and excellence in customer service, and we rely on our organization's values, traditions, and – most importantly – our employees to achieve these goals.

Nature of Work

This is entry level professional accountant work in the Division of Finance. The employee is part of a Treasury Unit team performing monthly reconciliation of trust accounts with assets exceeding $1 billion. The employee will also work closely with other Finance Division units. The duties of this position include, but are not limited to, the following:

• Assist with the agency's weekly banking activities that include transferring funds between accounts/institutions, uploading of data to financial institutions, positive pay verification, clearing checks and addressing returned item issues;
• Assist with recording journal entries associated with investment transactions and cash activities, as well as maintaining the investment accounting database with periodic trade input, monthly amortization/accretion, interest accrual, and bond pricing;
• Learn to maintain schedules associated with investments and debt, including amortization tables related to bond premiums and cost of issuance;
• Learn to calculate the monthly trust indenture required deposits to various bond service accounts, maintain debt service schedules, support the Unit Director in investment activities, cash flow modeling, spending analysis, bond draws, and confirm investment transactions and transfers; and
• Assist with development of year-end financial statements specifically related to investment holdings, including the balance sheet, income statement, cash flow statement and supplemental schedules and notes.

The work is performed under the close supervision of the Fiscal Services Administrator I (Treasury Supervisor). The current vacancy is located in Baltimore, MD. Hybrid telework schedules may be available for this position.

Benefits

MDTA employees are offered a generous benefits package including a minimum of 11 paid holidays, a minimum of 27* days of leave annually (personal, vacation, and sick), access to the State Pension System, deferred compensation plans, excellent health, dental, and vision plans, and more! *May be prorated based upon start date.

Qualifications

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: None.

Notes:

• 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.
• 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.

Your placement on an eligible list may be based solely on the contents of your application; therefore, it is essential that you provide complete and accurate information. Please include all relevant experience on your application. This includes but is not limited to full or part-time, volunteer, military, acting capacity, or any other experience that is relevant to the position you are applying for.

If you have held more than one (1) position at the same employer, please list each position that you held and the length of time that you held each position.

Licenses & Certifications

Not applicable.