HCD Financial Manager II (522562) Deputy Director, CDA Finance
State of Maryland, Baltimore, MD, United States
Position Overview
The Deputy Director of CDA Finance is a Management Service position within the Maryland Department of Housing and Community Development (DHCD). This role manages the accounting and financial operations for more than $6 billion in assets and liabilities, securing approximately $1 billion in tax‑exempt and taxable bond financing each year to fund CDA’s affordable housing programs.
Salary & Grade Grade: 25 Salary Range: $118,937 – $143,890 annually, with potential for advancement up to $185,523 based on qualifications.
Location 7800 Harkins Rd, Lanham, MD 20706. DHCD offers a flexible work schedule, telework and job‑sharing options, and other career‑development benefits.
Primary Responsibilities
Lead the management of accounting and financial operations for CDA
Collaborate with the Director to secure bond financing and manage investment recommendations
Deliver complex financial analysis, projections, and prepare disclosures for investors and rating agencies
Oversee annual bond indenture audits and quarterly interim financial statements
Manage accounting and finance personnel, ensuring compliance with financial policies and procedures
Interpret complex financial information, legal documents, and mortgage lending practices to develop financial models
Ensure fiduciary responsibilities are met through effective staff leadership and policy development
Minimum Qualifications
Bachelor’s degree in Finance, Business Administration, Accounting, or related field
Two years of managerial/supervisory experience
Five years of professional financial analysis experience (e.g., managing financial assets and debt portfolios, examining accounting records)
Knowledge of generally accepted accounting principles, complex financial systems, bond servicing, loan servicing, and real‑estate finance
Experience with loan and investment accounting, derivative management, and mortgage lending
Credential Substitutions
CPA certification or eligibility for CPA examination may substitute for the education requirement.
A Master’s degree in Finance, Business Administration, Economics, Accounting, or a related field may substitute for two years of required experience.
One year of professional financial analysis experience may be substituted in combination with 30 credits of relevant coursework for the educational requirement.
U.S. Armed Forces military service in accounting, loan officer, or financial management classifications may substitute for required experience.
Preferred Qualifications
Master’s degree in Accounting, Finance, or Business Administration
Experience with tax‑exempt bond or secondary market financing and complex financial analysis
Demonstrated management experience in finance, accounting, or related fields
Advanced experience with mortgage loan software
Proficiency in Excel, database management, and financial systems platforms
Benefits Full State of Maryland benefits package.
Equal Opportunity Statement As an equal opportunity employer, Maryland is committed to recruiting, retaining, and promoting employees who reflect the State’s diversity.
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Salary & Grade Grade: 25 Salary Range: $118,937 – $143,890 annually, with potential for advancement up to $185,523 based on qualifications.
Location 7800 Harkins Rd, Lanham, MD 20706. DHCD offers a flexible work schedule, telework and job‑sharing options, and other career‑development benefits.
Primary Responsibilities
Lead the management of accounting and financial operations for CDA
Collaborate with the Director to secure bond financing and manage investment recommendations
Deliver complex financial analysis, projections, and prepare disclosures for investors and rating agencies
Oversee annual bond indenture audits and quarterly interim financial statements
Manage accounting and finance personnel, ensuring compliance with financial policies and procedures
Interpret complex financial information, legal documents, and mortgage lending practices to develop financial models
Ensure fiduciary responsibilities are met through effective staff leadership and policy development
Minimum Qualifications
Bachelor’s degree in Finance, Business Administration, Accounting, or related field
Two years of managerial/supervisory experience
Five years of professional financial analysis experience (e.g., managing financial assets and debt portfolios, examining accounting records)
Knowledge of generally accepted accounting principles, complex financial systems, bond servicing, loan servicing, and real‑estate finance
Experience with loan and investment accounting, derivative management, and mortgage lending
Credential Substitutions
CPA certification or eligibility for CPA examination may substitute for the education requirement.
A Master’s degree in Finance, Business Administration, Economics, Accounting, or a related field may substitute for two years of required experience.
One year of professional financial analysis experience may be substituted in combination with 30 credits of relevant coursework for the educational requirement.
U.S. Armed Forces military service in accounting, loan officer, or financial management classifications may substitute for required experience.
Preferred Qualifications
Master’s degree in Accounting, Finance, or Business Administration
Experience with tax‑exempt bond or secondary market financing and complex financial analysis
Demonstrated management experience in finance, accounting, or related fields
Advanced experience with mortgage loan software
Proficiency in Excel, database management, and financial systems platforms
Benefits Full State of Maryland benefits package.
Equal Opportunity Statement As an equal opportunity employer, Maryland is committed to recruiting, retaining, and promoting employees who reflect the State’s diversity.
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