Internal Controls Analyst - Data-Driven Process Improvement

University of Massachusetts Medical School; Westborough (MA); On-site; USD 75,000 - 98,000; Full time

Job summary

University of Massachusetts Medical School is seeking an Internal Control Analyst to strengthen its control framework through testing, remediation tracking, and reporting. You will support the Internal Control Manager with control testing, spot reviews, and process improvements.

The role emphasizes data analytics, automation, and compliance to improve efficiency and reduce control failures across financial and operational processes.

Qualifications

• Bachelor’s degree or equivalent in Business Administration, Finance, or a related field.
• 1-3 years Audit experience
• Excellent analytical, problem-solving, and organizational skills.
• Strong written and verbal communication skills, with the ability to present complex information clearly.
• Ability to work independently and collaborate across multiple teams.
• Experience with control testing, reconciliations, and data analysis

Responsibilities

• Supports the Internal Control Manager in executing the department workplan.
• Perform internal control testing to assess effectiveness and recommend corrective actions.
• Conduct routine and ad hoc spot reviews of selected transactions, reconciliations and control activities.
• Develop preventive, detective, and corrective control mechanisms across financial & operational processes.
• Conduct risk-based evaluations of internal controls over financial reporting, operations, and compliance to identify vulnerabilities and recommend improvements.
• Assist in the process reviews and re-engineering of workflows to improve efficiency and reduce control failures.
• Monitor key risk indicators (KRIs) to detect emerging control risks and ensure timely mitigation.
• Identify and automate manual processes to reduce inefficiencies and control lapses.
• Assist in the developing and review of company policies and procedures to reflect evolving regulatory requirements and organizational needs.
• Assist in the monitoring and review of outstanding internal control remediation plans.
• Document exceptions, gather support, and prepare draft findings for review by the Internal Control Manager.
• Follow up with process owners on remediation status and assist in tracking open items to resolution.
• Support preparation of reports, dashboards and control metrics for management review.
• Escalate overdue or high-risk items to the Internal Control Manager.
• Assist in coordinating internal audits and external audit engagements.
• Prepare monthly journal entries and assist in the monthly close process, including reviewing and submitting for approval as well as assisting staff accountants with questions regarding back up documentation
• Provide accounting analysis and support to departments as required
• Provide support to team members through cross-training
• Identify improvements to financial controls and reporting
• Perform other related duties as assigned

Skills

Analytical skills

Problem-solving

Organizational skills

Written & verbal communication

Independence & collaboration

Control testing

Reconciliations

Data analysis

Education

Bachelor’s degree in Business Administration, Finance, or related field

Job description

University of Massachusetts Medical School is seeking an Internal Control Analyst to strengthen its control framework through testing, remediation tracking, and reporting. You will support the Internal Control Manager with control testing, spot reviews, and process improvements.

The role emphasizes data analytics, automation, and compliance to improve efficiency and reduce control failures across financial and operational processes.