Financial Analyst/Accountant

The University Of Massachusetts Boston Boston , MA 02298

Posted 4 days ago

General Summary:

Under the direction of the Associate Controller, the Financial Analyst/Accountant is responsible for performing a variety of accounting functions that support the production of financial statements that are in accordance with generally accepted accounting principles ("GAAP"). The Financial Analyst/Accountant works closely with the Property Specialist to account for capital assets and oversee the management of campus property and inventory control requirements as mandated by Federal & State regulatory agencies and the University of Massachusetts Board of Trustees. The Financial Analyst/Accountant also supports the Controller's Staff in reconciling system interfaces and recording adjusting entries, if necessary, for all university financial activity.

Examples of Duties:

  • Prepare monthly, quarterly and year end capital asset journal entries as supported by the detail in the asset management system.

  • Assist in the procurement workflow process to ensure equipment requisitions are appropriate, accurate and budgeted, if applicable.

  • Reconcile asset additions recorded by the Property Specialist agree with payments made to vendors via the accounts payable system.

  • Review and monitor new and/or updated information in the asset management system to ensure accuracy and appropriateness of data. Confirm documentation for the update is attached/electronically filled.

  • Assist the Property Specialist in a variety of tasks including tagging, tracking, transferring of assets between departments and processing surplus items, following campus inventory control policy and procedures.

  • Assist in the preparation of the monthly Chapter 641 Report, identifying property removed from the asset management system classified as lost or stolen.

  • Investigate property purchased outside of the university procurement system for appropriateness.

  • Assist the Sr. Financial Analyst/Accountant with a variety of general ledger functions.

  • Provide training to employees on a variety of accounting policies and procedures.

Minimum Qualifications:

  • Education-bachelor's degree in accounting or related field required

  • 1-3 years of experience in accounting, auditing and/or financial operations

  • Familiarity with integrated financial systems and the Microsoft Office applications.

  • Experience in Higher Education, government or non-profit organizations preferred.

Preferred Qualifications:

  • Knowledge of GASB accounting principles

  • Strong oral and written communications skills

  • Knowledge of standard inventory control methods and practices

Application Instructions:

Please apply online with your resume, cover letter and list of three professional references.

Review of candidates will begin following the application closing date.

Only Internal candidates in the Professional Staff Bargaining Unit will be considered during the first 10 business days of the posting. All other candidates will be considered after that period.

Salary Ranges for the appropriate Pay Grade can be found at the following link:

Grade: 30

Salary Ranges

This is an exempt union position.

All official salary offers must be approved by Human Resources.

UMass Boston is committed to the full inclusion of all qualified individuals. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations for the hiring process. If reasonable accommodation is needed, please contact HRDirect@umb.edu or 617-287-5150.

Applications close: 12 Jul 2024 Eastern Daylight Time


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