Analyst, Financial I

UMass Chan Medical School; Worcester (MA); On-site; USD 65,000 - 80,000; Full time

Job summary

UMass Chan Medical School in Worcester, MA is seeking a Financial Analyst I to perform complex financial and administrative functions, focusing on expenditure records and budget monitoring.

Under supervision, you will prepare budgets, monitor expenditures, reconciliations, payroll processing, and support HR/payroll documentation. Strong analytical skills, proficiency in spreadsheets, and MS Office are essential for success in this role.

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.
• Excellent interpersonal, verbal and writing skills; strong organizational abilities.

Responsibilities

• Ensure proper approvals processing.
• Control expenditures according to department guidelines.
• Prepare and monitor department budget with the director.
• Identify budget and expenditure variances, research, and resolve problems.
• Ensure accounts are not over committed or overspent and that budgetary guidelines are followed.
• Oversee payroll processing and maintain personnel files.
• Advise department personnel on HR policies and procedures.
• Review monthly financial accounts and reconcile discrepancies.

Skills

Budgeting

Accounting

Data analysis

Spreadsheet design

Office software

Education

Bachelor’s degree in Business Administration, Accounting, Finance, or equivalent

Tools

PeopleSoft

Microsoft Office

Job description

Overview

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.

Responsibilities

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.

Qualifications

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

Additional Information

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