Analyst, Financial I
University of Massachusetts Medical School Worcester, Massachusetts, United States · $50K–$60K/yr
Business Consulting and Services · 501-1,000 employees
About the role
The Financial Analyst I is responsible for monitoring department budgets, processing expenditures, and ensuring compliance with financial guidelines. They also oversee payroll processing, maintain personnel records, and provide administrative support to the Business Manager.
What they look for
Requirements
Candidates must hold a bachelor's degree in Business Administration, Accounting, or Finance and possess at least one year of relevant experience. Proficiency in Microsoft Office and the ability to analyze complex financial reports are required.
Full 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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