Commonwealth Financial Jobs (NOW HIRING)

About the Organization:

The Commonwealth of Massachusetts Executive Office of Economic Development (EOED) supports economic growth by fostering business development, infrastructure investment, industry advancement, and consumer confidence. EOED operates through nine state agencies and five quasi-public agencies (QPAs) that deliver essential public programs and services.  

EOED supports economic growth across Massachusetts through its network of agencies and partnerships, promoting business innovation, infrastructure investment, and consumer protection. The office embraces a culture of equity, inclusion, and collaboration-values that inform all aspects of its work.

The Executive Office of Economic Development is committed to creating and sustaining a work culture that is welcoming, inclusive, and mutually respectful to all its employees regardless of race, color, age, creed, religion, national origin, ethnicity, sex, gender identity or expression, sexual orientation, genetic information, veteran or disability status. We strive to reflect diversity in all facets and levels of our agency. The Executive Office of Economic Development values inclusiveness and diversity within their employee and management teams. Within our community we strive to create and maintain working and learning environments that are inclusive, equitable, and welcoming.

The Executive Office of Economic Development is committed to ensuring a diverse and inclusive workplace where all employees feel respected, valued, and empowered to maximize their skills and talents to serve our citizens.

About the Role:

The Accountant II is a mid-level professional accounting position responsible for performing a range of financial, accounting, and fiscal management activities in support of agency operations. This role ensures compliance with EOED's Internal Controls, Massachusetts General Laws, Comptroller policies, and Generally Accepted Accounting Principles (GAAP), while supporting accurate and timely financial reporting and vendor payments.

This position will directly support EOED's IT transactions across all departments, federal grant accounts and subrecipient activity, administrative accounts, and other program accounts as assigned.

This position operates within the Commonwealth's financial systems, including Mosaic and Commonwealth Information Warehouse and plays a key role in maintaining EOED's internal controls, supporting audits, and ensuring the integrity of financial data.

Duties and Responsibilities:

Accounts Payable and Mosaic Transactions

• Process invoices, encumbrances, and payments in Mosaic in accordance with Comptroller policies.
• Review invoices for accuracy, completeness, and proper authorization.
• Match invoices, purchase orders, and receiving documentation.
• Ensure timely payment processing within statewide payment guidelines.
• Maintain vendor records and respond to vendor payment inquiries.

Financial Analysis and Reporting

• Analyze financial data and prepare reports, reconciliations, and supporting schedules.
• Monitor expenditures and identify discrepancies or variances.
• Work directly with subgrantees for federal grant programs to review expenditure reports.
• Support preparation of federal and other financial and grant reports.
• Assist with budget tracking, forecasting, and fiscal reporting.
• Prepare reports and maintain transaction record trackers.

Compliance and Internal Controls

• Ensure compliance with state finance law, procurement requirements, and internal controls.
• Maintain documentation to support audit readiness and financial transparency.
• Assist with internal and external audits by preparing schedules and responding to inquiries.
• Apply knowledge of GASB and Commonwealth policies to daily operations.

Operational Support 

• Collaborate with the finance team, program staff, procurement teams, and department finance staff.
• Provide guidance on accounting procedures and financial policies.
• Research and resolve discrepancies related to payments, encumbrances, and accounts.
• Support fiscal year-end close and opening activities.

Process Improvement

• Identify opportunities to improve financial processes and efficiency.
• Develop or update procedures and job aids.
• Provide support to staff on MOSAIC and accounting practices.

Preferred Knowledge, Skills, and Abilities:

• Knowledge of the principles and practices of accounting including terminology.
• Knowledge of the methods of general report writing.
• Ability to analyze and determine the applicability of accounting data, to draw conclusions and to make appropriate recommendations.
• Ability to read and interpret documents such as financial reports, accounts and ledgers.
• Ability to understand, apply and explain the laws, rules, regulations, policies, procedures, etc. governing assigned unit activities.
• Ability to perform mathematical calculations using formulae to solve accounting problems.
• Ability to follow oral and written instructions.
• Ability to gather information by examining records and documents and through questioning individuals.
• Ability to maintain accurate records.
• Ability to prepare general and financial reports.
• Ability to write concisely, to express thoughts clearly and to develop ideals in logical sequence.
• Ability to communicate effectively in oral expression.
• Ability to exercise sound judgment.
• Ability to exercise discretion in handing confidential information.
• Ability to deal tactfully with other.
• Ability to establish and maintain harmonious working relationships with others.
• Ability to work independently.
• Ability to work in a team setting.
• Based on assignment, the following additional qualifications may be required at hire: Ability to operate a motor vehicle.
• Ability to give written and oral instructions in a precise, understandable manner.
• Ability to supervise, including planning and assigning work according to the nature of the job to be accomplished, the capabilities of subordinates and available resources; controlling work through periodic reviews and/or evaluations; determining subordinate's training needs and providing or arranging for such training; motivating subordinates to work effectively; determining the need for disciplinary action and either recommending or initiating disciplinary action.

All applicants should attach a cover letter and resume to their online submission for this position.

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

MINIMUM ENTRANCE REQUIREMENTS: Applicants must have (A) two years of full-time or equivalent part-time, general accounting or budgeting experience, or (B) any equivalent combination of the required experience and the substitutions below.                                                                                                                                      

Incumbents may be required to have a current and valid Massachusetts Motor Vehicle Driver's License at a class level specific to assignment. 

Substitutions: 

I.  An Associate's degree with a major in accounting, finance or business may be substituted for one year of the the required experience.    

II.  A Bachelor's degree with a major in accounting, finance or business may be substituted for the required experience.

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.