Analyst, Financial I

University of Massachusetts Medical School; Worcester (MA); On-site; USD 55,000 - 75,000; Full time

Job summary

University of Massachusetts Medical School is seeking a Financial Analyst I to perform complex financial and administrative functions, maintaining expenditure records and monitoring the department budget under direction. You will help ensure expenditures align with guidelines and prepare period financial reports.

The role includes payroll processing, HR policy guidance, and maintaining confidential personnel files.

Qualifications

• Bachelor’s degree in Business Administration, Accounting, Finance, or equivalent.
• 1 year in budgeting, accounting, administration, or related experience.
• Ability to design and program spreadsheets, databases, or custom reports.
• PeopleSoft experience a plus.
• Proficiency with Microsoft Office or similar software.
• Excellent interpersonal, verbal and writing skills needed to present or communicate effectively with all levels of management.
• Must possess strong organizational skills, the ability to establish priorities, and resolve problems independently.

Responsibilities

• Process and monitor expenditures and budgets according to guidelines.
• Prepare and monitor department budget with director.
• Oversee payroll processing and personnel files.
• Advise on HR policies and procedures.
• Prepare financial reconciliations from department records to monthly reports.
• Maintain confidential reports and department personnel files.
• Independently initiate improvements to current operating procedures.
• Serve as a resource to others on technical, professional, or policy issues.
• Schedule and arrange meetings.
• Perform other job related duties as required or assigned.

Skills

Budgeting

Accounting

Spreadsheets

MS Office

Communication

Organization

Education

Bachelor's degree in Business Administration/Accounting/Finance or equivalent

Tools

PeopleSoft

Job description

GENERAL SUMMARY OF POSITION:

Under the direction of theDirector or designee, the Financial Analyst I performs complex and varied financial and administrative functions, which require a high degree of independent action and the setting of priorities and procedures for accomplishing tasks. This position is responsible for the overall maintenance and processing of expenditure records and monitoring of the expense budget.

MAJOR RESPONSIBILITIES:

• Ensure proper approvals processing
• Control expenditures according to department guidelines
• In consultation with department director, prepare and monitor department budget
• Identify budget and expenditure variances, researches, and resolves problems
• Ensure that accounts are not over committed or overspent and that budgetary guidelines are followed
• Oversee all PA and payroll processing, maintains personnel files, and confidential reports
• Advise department personnel on Human Resources policies and procedures
• Review the monthly status of financial accounts and transaction printouts for accuracy; identify discrepancies, and researches possible solutions
• Maintain complex records and prepare periodic financial reconciliations from department records to monthly automated accounting system reports; PeopleSoft, other mainframe, or client server financial systems
• Maintain accurate records and documentation of all department transactions
• Provide clerical support to the Business Manager and maintain confidential reports and department personnel files
• Considerable investigation and initiative, requiring judgment and discretion
• Independently initiate improvement to current operating procedures
• Serve as a resource to others on technical, professional, or policy issues
• Prepare and process payroll and personnel documents for appointments, promotions, and termination
• Schedule and arrange meetings
• Perform other job related duties as required or assigned.

REQUIRED QUALIFICATIONS:

• Bachelor’s degree in Business Administration, Accounting, Finance, or equivalent
• 1 year in budgeting, accounting, administration, or related experience
• Ability to design and program spreadsheets, databases, or custom reports
• PeopleSoft experience a plus
• Demonstrated ability to analyze and interpret complex financial documents such as system reports
• Proficiency with Microsoft Office or similar software
• Excellent interpersonal, verbal and writing skills needed to present or communicate effectively with all levels of management
• Must possess strong organizational skills, the ability to establish priorities, and resolve problems independently

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