Analyst, Financial I (2026-51837)

University of Massachusetts Medical School; Worcester (MA); Hybrid; USD 60,000 - 75,000; Full time

Job summary

UMass Chan Medical School in Worcester, MA is seeking a Financial Analyst I to perform complex financial and administrative functions, including maintenance of expenditure records and monitoring of the department budget. Under the director's supervision, you will ensure proper approvals and timely payroll processing.

Responsibilities include budgeting, variance analysis, reconciliations, preparing reports in PeopleSoft and other systems, maintaining confidential personnel files, and providing

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.
• 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 to communicate with all levels of management.
• Strong organizational skills and ability to set priorities and resolve problems independently.

Responsibilities

• Ensure proper approvals processing.
• Control expenditures according to department guidelines.
• Prepare and monitor department budget in consultation with department director.
• Identify budget and expenditure variances and resolve problems.
• Ensure accounts are within budget and follow guidelines.
• Oversee payroll processing and maintain personnel files.
• Advise department personnel on HR policies and procedures.
• Review monthly financial accounts and reconcile discrepancies.

Skills

Budgeting

Financial analysis

Microsoft Office

Communication

Education

Bachelor's degree in Business Administration/Accounting/Finance

Tools

PeopleSoft

Excel

Job description

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When you join the UMass Chan Medical School team, you join us in advancing together to improve the health and well-being of our diverse communities throughout Massachusetts and across the US and the world.Together, we lead in education, research, health care delivery, and public service. Your life’s work is more than a career. It’s an expression of your passion, intellect, skill, and drive.UMass Chan's commitment to excellence, innovation, competitive benefits, and work-life integration will allow you to build a professionally rewarding career as we work together to better or improve the health of people around the globe.

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:

• Bachelors 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
• 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

Posting Disclaimer:

This job posting outlines the primary responsibilities and qualifications for the role but is not intended to be an exhaustive list. Duties and expectations may evolve in response to the needs of the department and the broader institution.

In alignment with our commitment to pay transparency, the base salary range for this position is listed above (exclusive of benefits and retirement). At UMass Chan Medical School, final base salary offers are determined based on a combination of factors, including your skills, education, and relevant experience. We also consider internal equity to ensure fair and consistent compensation across our teams.

Please note that the range provided reflects the full base salary range for this position. Offers are typically made within the midrange to allow for future growth and development within the role.

In addition to base pay, UMass Chan offers a comprehensive Total Rewards package, which includes paid time off, medical, dental, and vision coverage, and participation in a 401(a)-retirement plan, with the option to contribute to a voluntary 403(b) plan.

UMass Chan welcomes all qualified applicants and complies with all state and federal anti-discrimination laws.