Financial Analyst

Commonwealth of Massachusetts • Boston, MA

12d • Onsite

About The Position

The Executive Office of Energy and Environmental Affairs (EEA) seeks to protect, preserve, and enhance Massachusetts’ environmental resources and create a clean energy future for all residents. The Massachusetts Department of Environmental Protection (MassDEP) is the state agency responsible for ensuring clean air, land, and water. MassDEP seeks applicants for a Financial Analyst. The Financial Analyst is responsible for supporting departmental financial management through accurate financial reporting, payroll analysis, auditing, and correction of payroll transactions. The position ensures payroll activity is properly coded, aligned with budget and funding requirements, and accurately reflected in financial systems to support leadership decision-making.

Requirements

• At least four years of full-time, or equivalent part-time, professional experience in accounting or auditing.
• At least one year of supervisory, administrative or managerial capacity experience.
• Advanced Excel (pivot tables, formulas, data analysis)
• Ability to run and interpret financial and payroll queries
• Understanding of Staff Changes tracking, payroll accounting, and cost allocation
• Attention to Detail: Critical for catching payroll discrepancies, coding errors, and ensuring accuracy in reports.
• Analytical Thinking: Ability to interpret data, identify trends, and support budget decisions.
• Problem-Solving: Comfortable diagnosing payroll issues and executing corrections across systems.
• Accountability & Integrity: Handles sensitive financial/payroll data with accuracy and confidentiality.
• Organization: Manages recurring reports, audits, and ad-hoc requests without missing deadlines.
• Read and interpret financial reports, accounts and ledgers.
• Ability to perform mathematical calculations using formulas to solve accounting problems.
• Ability to follow and give oral and written instruction.
• Ability to gather information by examining records and documents and through questioning individuals.
• Ability to prepare financial reports and maintain accurate records.
• Ability to write concisely and express thoughts clearly.
• Ability to develop logical conclusions and exercise sound judgment.
• Ability to independently direct and manage workload and individual projects.

Nice To Haves

• Experience with Power BI or similar reporting tools
• Familiarity with government/public sector funding structures (operating, federal, trust funds) is a strong advantage.

Responsibilities

• Develop, maintain, and enhance Power BI reports and dashboards to support departmental financial oversight.
• Prepare biweekly and ad hoc financial and payroll reports, including FTE tracking, payroll charges, expenditure queries, labor cost analysis, and other reporting needs for leadership and management review.
• Conduct biweekly payroll audits to ensure accuracy of payroll charges, proper coding by program, activity, function, cost center, and funding source, and correct FTE counts.
• Identify, research, and communicate discrepancies, trends, and potential compliance concerns.
• Prepare, execute, and monitor payroll-related corrections and transactions, including reallocations, chargebacks, and other labor distribution adjustments in state data systems.
• Ensure corrections are accurate, timely, properly documented, and aligned with approved budgets and funding requirements.
• Partner with Human Resources and finance stakeholders to maintain accurate personnel charging records, cost centers, labor cost structures, and funding allocations.
• Perform periodic reviews to ensure payroll and personnel data remain current, complete, and consistent across systems.
• Provide ongoing financial and payroll analysis to support budget monitoring, forecasting, variance review, and departmental decision-making.
• Assist with special projects, process improvements, audits, and other finance-related assignments as needed.

Benefits

• Comprehensive Benefits
• Outstanding suite of employee benefits that add to the overall value of your compensation package.
• Work experience that supports you, your loved ones, and your future.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level