UI Tax Accountant Professional III Accounting and Fund Management Examiner
State of MarylandJob Description
Introduction The Maryland Department of Labor, (MD Labor), Division of Unemployment Insurance is accepting applications from qualified candidates for the position of UI Tax Accountant Professional III. This recruitment will be used to fill current and future vacancies. The resulting eligible list will be maintained for one year after the closing date of the announcement . GRADE 18 LOCATION OF POSITION 100 S.
Charles
Street. Baltimore, Maryland 21201. Main Purpose of Job The main purpose of this position, UI Tax Accountant Professional III, is to provide a full performance level of work in the Wage Reporting and Accounting Unit within the Accounting and Fund Management Section within the Unemployment Insurance Contributions Division (UI) of the Department of Labor (DOL) applying generally accepted accounting principles.
This position receives general supervision from the Wage Reporting and Accounting Unit Assistant Supervisor. This position examines, analyzes, and interprets accounting systems, records, and reports within the Re-Employment BEACON system by applying generally accepted accounting principles; maintains UI accounting systems and accounting records; prepares financial and management reports; reviews and approves financial transactions specifically related to the Unemployment Insurance program; reviews and takes appropriate action on work items generated through the Re-Employment BEACON system; assists with development and revision of UI accounting policies to improve UI accounting controls and efficiency; assists with formulating internal controls to ensure the reliability and security of UI funds and records. The position requires extensive knowledge of the generally accepted accounting principles and various programs within unemployment insurance, as well as federal and state unemployment insurance law.
POSITION DUTIES Examines, analyzes and interprets accounting systems, records and reports within Re-Employment BEACON system by applying generally accepted accounting principles.
Performs advanced level cost accounting, system accounting federal fund accounting to develop and implement detailed accounting systems not available in general accounting system.
Reviews and approves financial transactions specifically related to the Unemployment Insurance program.
Reviews and take appropriate action on work items generated through the Re-Employment BEACON systems
Maintains UI accounting systems and accounting records.
Prepares monthly reconciliations with bank records.
Reconciles the unemployment insurance clearing account subsidiary ledger, benefit account subsidiary ledger, and trust account subsidiary ledger to the bank statements and trust fund statement monthly. Any discrepancies that are found are resolved either with bank representatives or personnel from the Financial Transaction Unit.
Assists in gathering and supplying information to both internal and external auditors (including legislative auditors).
Prepares financial reports or statements and gives fiscal advice to UI management.
Participates in required training necessary to carry out job functions and to gain knowledge in Maryland’s Unemployment Insurance laws, regulations, and directives.
Participates in cross-training among them and may be called upon to provide support when a particular unit is operating under a deficiency.
Minimum Qualifications Applications that meet the minimum and selective qualifications will be referred to the hiring manager for interview selection. Units will select those candidates most closely demonstrating the qualifications for interview.
Education: A Bachelor's degree in Accounting from an accredited college or university, or a Bachelor’s degree with 30 credit hours in accounting and/or related courses.
Experience: Three years of professional accounting experience or three years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles.
Notes
Candidates may substitute the possession of a certificate as a Certified Public Accountant or a Master’s degree in Accounting from an accredited college or university for two years of the required experience.
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.
Candidates may substitute U.S.
Armed
Forces military service experience as a commissioned officer in the Accounting Officer classification or Financial Management specialty codes in the Accounting field of work on a year-for-year basis for the required experience and education.
Selective Qualifications
Applicants must meet the selective qualification(s) to be considered. Include clear and specific information on your app
About State of Maryland
State of Maryland
maryland.gov
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