University of Massachusetts Medical School

  • Financial Analyst I

    Minimum Salary US-MA-Shrewsbury
    Job Location 2 months ago(2 months ago)
    Requisition Number
    # of Openings
    Posted Date
    Exempt/Non-Exempt Status
    Non Union Position -W60- Non Unit Professional
  • Overview



    It’s an exciting time to be at UMass Medical School!  U.S. News & World Report ranks UMass Medical School in the top 10 percent nationwide in primary care, and this opportunity gives the right candidate the chance to be part of an elite academic and research institution that is among the most affordable in the country.  As a member of our Information Technology Department, you will join a dynamic team of dedicated individuals committed to delivering forward thinking solutions with a focus on continuous improvement. At UMass Medical School IT we recognize and reward independent thought and innovative ideas. We have fostered an environment where the team dynamic is embraced and collaboration and FUN are core components of our culture! 


    Under the direction of the Administrative Manager 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.




    • 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.         





    • 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


    • Considerable financial investigative skills and ability to understand complex financial relationships
    • Previous experience in grant administration / tracking
    • Exceptional attention to detail and capacity to work independently with little supervision
    • Previous experience with Macros in Microsoft Excel
    • Willing to learn new software with ease
    • Ability to use good judgment and discretion

    Additional Information



    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed