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Municipal Finance Analyst

AT The Commonwealth of Massachusetts
The Commonwealth of Massachusetts

Municipal Finance Analyst

Revere, MA

Job Description

Agency Overview: The Department of Revenue's core mission is to collect the revenues required to support the business of the Commonwealth, to make a difference in the lives of children by enforcing the financial responsibilities of parenthood, and to assist Massachusetts cities and towns in sound and efficient fiscal management. Our vision is to conduct our operations in a manner that inspires public confidence in government by administering and enforcing tax, child support and municipal finance laws in ways that are innovative, customer-focused and transparent.

Division Overview: The Division of Local Services helps Massachusetts cities and towns achieve sound and efficient fiscal management through technical assistance, training and oversight. Its bureaus are responsible for ensuring the fairness and equity of local property taxation, the accuracy and quality of local accounting and treasury management, interpreting state laws that affect local governance, distributing local aid, and maintaining a comprehensive databank on local finances.

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Duties & Responsibilities: The Municipal Finance Analyst performs a wide range of range of duties and responsibilities, including:

  • Participates in production of local aid proposals and cherry sheet estimates.
  • Processes monthly and specialized local aid payments.
  • Coordinates the exchange or dissemination of data with information technology personnel in numerous state and federal agencies, and analyzes data for use in various reports, the DLS website and other publications.
  • Conducts or assists in special projects, resulting in statistical reports, manuals and other publications.
  • Represents the Division in a professional manner in all interactions with state and local officials and other interested citizens.
  • Uses software technology, including but not limited to Outlook, Excel, Word, PowerPoint in carrying out assignments.

Preferred candidate will possess the following skills:

  • Knowledge of the principles and practices of accounting and auditing.
  • Ability to understand and apply municipal and county accounting, bookkeeping and auditing procedures.
  • Ability to understand and apply prescribed accounting methods, techniques, practices and instructions.
  • Ability to assemble, analyze, and present detailed financial and accounting data.
  • Ability to determine the accuracy of and conformance with agency requirements of accounting transactions, entries and reports.
  • Ability to write concisely, express thoughts clearly and develop ideas in a logical sequence.
  • Ability to assemble items of information in accordance with established procedures.
  • Ability to gather information by examining records and documents.
  • Ability to exercise discretion in handling confidential information.
  • Ability to establish and maintain harmonious relationships with others.
  • Ability to recognize potential problems arising from daily work activities.
  • Ability to exercise sound judgment.
  • Ability to perform arithmetic computations with speed and accuracy.
  • Ability to analyze and determine applications of accounting data, draw conclusions, and make appropriate recommendations.
  • Knowledge of municipal and county accounting and bookkeeping procedures.
  • Knowledge of statutes relating to the financial operations of municipal government including finance and local taxation.
  • Ability to collect, interpret and assimilate information about the internal operations and functions of cities, counties, towns and districts subject to audit.
  • Ability to solve complex or technical accounting problems by application of statutory and/or standard municipal and county accounting principles.
  • Ability to select, devise and install appropriate accounting methods and forms in compliance with the uniform state system of municipal and county accounts.
  • Ability to select or devise sound methods and procedures to remedy accounting errors and/or irregularities.

An external candidate recommended for a position with the Department of Revenue will be subject to a background check that includes checks for: state and federal tax compliance; child support compliance; education verification; Massachusetts CORI checks; criminal background checks in state(s) of current and previous residence/employment; validation of eligibility to work in the United States; and national fingerprint-based criminal background checks.

As part of the Future of Work initiative, the agency has adopted a hybrid work model. Hybrid work is a mix of in-office work and telework. This position will work remotely some days and in-person on other days

Qualifications

First consideration will be given to those applicants that apply within the first 14 days.

Minimum Entrance Requirements:

Applicants must have at least (A) four years of full-time, or equivalent part-time, professional experience in accounting or auditing, of which at least (B) one year must have been in a supervisory, administrative or managerial capacity, or (C) any equivalent combination of the required experience and the substitutions below.

Substitutions:

I. A Bachelor's degree with a major in accounting, business administration or business management may be substituted for a maximum of one year of the required (A) experience.

II. A Graduate degree with a major in accounting, business administration or business management may be substituted for a maximum of two years of the required (A) experience.

*Education toward such a degree will be prorated on the basis of the proportion of the requirements actually completed.

NOTE: Educational substitutions will only be permitted for a maximum of two years of the required (A) experience. No substitutions will be allowed for the required (B) experience.

Special Requirements: None.

Comprehensive Benefits

When you embark on a career with the Commonwealth, you are offered an outstanding suite of employee benefits that add to the overall value of your compensation package. We take pride in providing a work experience that supports you, your loved ones, and your future.

Want the specifics? Explore our Employee Benefits and Rewards!

An Equal Opportunity / Affirmative Action Employer. Females, minorities, veterans, and persons with disabilities are strongly encouraged to apply.

The Commonwealth is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Research suggests that qualified women, Black, Indigenous, and Persons of Color (BIPOC) may self-select out of opportunities if they don't meet 100% of the job requirements. We encourage individuals who believe they have the skills necessary to thrive to apply for this role.

Client-provided location(s): Chelsea, MA 02150, USA
Job ID: Commonwealth_of_Massachusetts-24000AHC
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • Mental Health Benefits
  • Parental Benefits

    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Volunteer Time Off
  • Financial and Retirement

    • Pension
    • Financial Counseling
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program