Financial Analyst I: Budget, Payroll & Reconciliations

UMass Med School

Worcester (MA)

On-site

USD 50,000 - 60,000

Full time

5 days ago
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Job summary

UMass Med School in Worcester, MA is seeking a Financial Analyst I to handle financial and administrative tasks under the Director's guidance, including expenditure processing, budget preparation, and monitoring to ensure alignment with department guidelines.

Responsibilities also include overseeing payroll processing, maintaining personnel files, identifying variances, and producing accurate reports in PeopleSoft and other systems; a BA in business, accounting, or finance and at least one year

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.

Responsibilities

  • Ensure proper approvals processing
  • Control expenditures according to department guidelines
  • Prepare and monitor department budget with the director
  • 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 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
  • 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.

Skills

Spreadsheet design
Data reporting
Microsoft Office proficiency

Education

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

Tools

PeopleSoft
Excel
Mainframe/Client-Server reporting systems

Job description

UMass Med School in Worcester, MA is seeking a Financial Analyst I to handle financial and administrative tasks under the Director's guidance, including expenditure processing, budget preparation, and monitoring to ensure alignment with department guidelines.

Responsibilities also include overseeing payroll processing, maintaining personnel files, identifying variances, and producing accurate reports in PeopleSoft and other systems; a BA in business, accounting, or finance and at least one year

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