Accountant II

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…