Audit & Fiscal Compliance Monitor

Commonwealth of Massachusetts; Boston (MA); Hybrid; USD 69,000 - 101,000; Full time

Job summary

The Commonwealth of Massachusetts is seeking an Audit & Fiscal Compliance Monitor to ensure grant funding compliance. This role involves reviewing budgets, conducting audits, and providing technical assistance. The position offers a hybrid work model with travel required. Ideal candidates will possess strong communication and analytical skills, with a Bachelor's degree in Accounting preferred.

Benefits

Comprehensive Benefits

Hybrid Work Schedule

Qualifications

• Knowledge of general accounting principles and practices.
• Ability to read and interpret financial documents.

Responsibilities

• Review grantee budgets and expenditures for compliance.
• Conduct monitoring visits and develop reports.
• Provide technical assistance to providers.

Skills

Communication

Judgment

Analytical Skills

Education

Bachelor's degree in Accounting

Job description

An Official website of the Commonwealth of Massachusetts

Job Description - Audit & Fiscal Compliance Monitor (2500048L)

Job Description

Audit & Fiscal Compliance Monitor - ( 2500048L )

Description

The Education Secretariat is committed to equity and valuing the unique and diverse characteristics and experiences of every member of its workforce. We encourage an authentic workplace where colleagues show up as their full selves, where collaboration, innovation, and connections are key to realizing our mission that all children, youth, and families thrive socially, academically, and economically. We seek teammates who are committed to promoting a diverse and inclusive work environment, where everyone is valued and engaged. We encourage you to apply and identify your strengths in these areas.

This position offers some flexibility of location within the current hybrid work model.

The Audit & Fiscal Compliance Monitor ensures that funding awarded by EEC through this grant is spent according to the requirements of the grant, the terms and conditions of the contract, and according to the applicable regulations of the state oversight agency (Office of the State Comptroller, OSC) as well as federal regulations.The Audit & Fiscal Compliance Monitor will be responsible to review grantee budgets and expenditures to ensure that the requirements of the grants are met.In addition, the Audit & Fiscal Compliance Monitor reviews the contractor’s management procedures and internal controls to ensure compliance with the Generally Accepted Accounting Procedures (GAAP) and all relevant state and federal regulations. This position requires the person to have access to a vehicle and travel for approximately 80% of the time.This position requires the person to have access to a vehicle and travel for approximately 50% of the time.

Key Responsibilities

Under the supervision of the Audit and Fiscal Compliance Manager,the Audit & Fiscal Compliance Monitor will conduct the following job duties:

• Participates in a risk assessment for the grant funding as well as a monitoring schedule based upon the risk assessment
• Implement a monitoring cycle, conduct monitoring visits, develop monitoring reports, and provide a corrective action plan and follow up with vendors/grantees
• Conduct monitoring reviews based on requirements set forth by state and federal policies and procedures to ensure consistency and compliance
• Track and report on monitoring data including request for funding and payment recovery information
• Draft reports and responses to comply with federal grant regulations to ensure compliance with laws, rules, and regulations
• Provide policy and fiscal technical assistance to providers and grantees
• Communicate with EEC programmatic staff on a regular basis regarding the fiscal status of programs; and
• Other related duties as assigned

Preferred Qualifications

• Knowledge of the principles and practices of general accounting, the terminology, and standard abbreviations
• Ability to read and interpret financial documents such as financial statements, general ledgers, and journal entries
• Ability to understand, apply, and explain the provisions of laws, rules, regulations, policies, and procedures governing assigned unit activities
• Ability to give oral and written instructions in a precise, understandable manner
• Ability to work independently as well as in a team setting
• Knowledge of the principles and practices of financial and contract management, including planning, organizing, directing, motivating, and decision-making
• Excellent oral and written communication skills
• Ability to gather information and anticipate and analyze difficult situations
• Ability to exercise sound judgment, deal tactfully with others, and to adjust to changing situations to meet changing program need
• Ability to work flexibly and to adjust to delays and changes in schedules
• A sense of humor and a willingness to embrace challenges are essential.

Travel may be required for this position.

First consideration will be given to those applicants that apply within the first 14 days.

Substitutions:

I. A Bachelor's degree with a major in accounting, business administration or business management may be substituted for a maximum of one year of the required experience.*

*Education toward such a degree will be prorated on the basis of the proportion of the requirements actually completed.

Comprehensive Benefits

When you embark on a career with the Commonwealth, you are offered an outstanding suite of employee benefits that add to the overall value of your compensation package. We take pride in providing a work experience that supports you, your loved ones, and your future.

Want the specifics? Explore our Employee Benefits and Rewards!

An Equal Opportunity / Affirmative Action Employer. Females, minorities, veterans, and persons with disabilities are strongly encouraged to apply.

The Commonwealth is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Research suggests that qualified women, Black, Indigenous, and Persons of Color (BIPOC)may self-select out of opportunities if they don't meet 100% of the job requirements. We encourage individuals who believe they have the skills necessary to thrive to apply for this role.

Primary Location

Primary Location

: United States-Massachusetts-Boston - 50 Milk St

Job

Job

: Accounting and Finance

Agency

Agency

: Department of Early Education and Care

Schedule

Schedule

: Full-time

Shift

Shift

: Day

Job Posting

Job Posting

: May 12, 2025, 3:49:36 PM

Number of Openings

Number of Openings

: 1

Salary

: 69,369.82 - 100,264.58 Yearly

If you have Diversity, Affirmative Action or Equal Employment Opportunity questions or need a Reasonable Accommodation, please contact Diversity Officer / ADA Coordinator : Ferdousi Faruque - 7813386108

Bargaining Unit : 06-NAGE - Professional Admin.

Confidential : No

Potentially Eligible for a Hybrid Work Schedule : Yes