---
title: 'Audit Analyst I at Massachusetts School Building Authority'
canonical: 'https://feeny.ai/job/audit-analyst-i-massachusetts-school-building-authority-boston-0tqm8axzzaze'
type: 'job'
last_seen: '2026-09-09'
---

# Audit Analyst I at Massachusetts School Building Authority

- **Company:** Massachusetts School Building Authority
- **Location:** Boston, MA
- **Compensation:** $69k–$76k
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-09-04
- **Last confirmed live:** 2026-09-09
- **Apply:** https://jobs.lever.co/massschoolbuildings/3e36c60f-2a49-4ade-adff-be9675dff39e

## Job description

Title:              Audit Analyst I Department: Finance Reports To:  Audit Analyst II FLSA/Grade: Non-Exempt /8

Position Summary: As part of the Massachusetts School Building Authority (MSBA) Audit Team, conduct audits of participating school districts’ monthly reimbursement requests and perform closeout audits of school construction projects once completed. Provide training and support to internal and external users of the MSBA’s Progress Payment (Pro-Pay) system.

Essential Function and Responsibilities

Auditing of Reimbursement Requests

- Review reimbursement requests along with submitted invoices for construction projects ranging from $1 million to $400 million. Identify essential invoice elements, cost attribution, classification, rendered services, and purchasing merchandise.
- Identify any categorically ineligible costs, unrelated costs, scope exclusions, accounting errors, and duplicate costs.
- Proactively communicate with stakeholders regarding missing materials and/or clarification of identified issues with reimbursement submissions.
- Organize invoices related to the ProPay System requests.
- Work closely with Capital Planning and Finance team members to review requests for reimbursements ensuring timely payment to school districts
- Assist with tracking projects entering closeout and cataloging required documentation.
- Perform closeout audits of completed school construction projects and prepare audit reports for review in a timely manner for further review by other internal departments and Finance   Audit manager.
- Prepare closeout packages, including the grant letter, acceptance policy, acceptance/non-acceptance form, closeout index, etc. to be sent to the districts.
- Assist with archiving of final closeout audits.
- Work with the Director of Audit and/or Financial Audit Manager to review and update MSBA internal controls and policies related to reimbursement requests.
- Maintain sufficient records to support an audit trail.
- Create and maintain relevant reports as needed and as requested by internal and external constituents.
- Prepare various ad hoc requests requiring complex analysis, as requested
- Respond to employee and management inquiries as needed.

Training Coordination

- Participate, provide outreach, training, and other support in the MSBA’s training sessions for districts and Owner’s Project Managers (OPMs”).

Operations Analysis

- Collect data and perform research to provide various reports on the status of projects in the pipeline and inform prioritization of request review and audit preparation.
- Assist with data requests related to the MSBA’s annual financial audit and any cross-training related to financial statements support.

Other Duties:

- Assist the Director of Audit and Financial Audit Manager with the MSBA’s fixed asset inventory, including participation in an annual reconciliation of MSBA’s fixed assets.
- Perform other duties as assigned.
- Maintain regular attendance.

Required Education, Experience and Skills

- Bachelor's degree with a major in accounting, business administration or business management.
- Two to four years of full-time professional experience in accounting or auditing.
- Proficiency with Microsoft Office Suite and other Office applications.
- Ability to work hybrid schedule - minimum of two (2) in-office days per week
- Knowledge of the principles and practices of auditing and accounting.
- Knowledge of the methods of general report writing.
- Ability to perform mathematical calculations using formulas to solve accounting problems.
- Ability to follow oral and written instructions in a precise, understandable manner.
- Ability to gather information by examining records and documents, and through inquiry.
- Ability to maintain accurate records and prepare general and financial reports.
- Ability to write concisely to express thoughts clearly and to develop ideas in logical sequence.
- Ability to exercise sound judgment and to exercise discretion in handling confidential information.
- Ability to prioritize workload to meet deadlines.
- Ability to work independently and in a team setting.

This job description is intended to be general and will evolve over time.  The description is subject to periodic updating.  At management’s discretion, the employee may be assigned different or additional duties from time to time.

## About Massachusetts School Building Authority

## Company Overview
- **One-liner**: The MSBA is a quasi‑independent government authority that partners with Massachusetts communities to fund and oversee the design, construction, and renovation of sustainable, educationally appropriate public school facilities.
- **Entity Type**: Quasi‑public government agency (non‑profit, not publicly traded or venture‑backed)
- **Headquarters**: Boston, Massachusetts, USA
- **Founded**: 2004 (created by the Massachusetts Legislature to replace the former school building assistance program)
- **Founders**: Established by an act of the Massachusetts General Court; not attributable to individual founders

## Core Business
- **Primary industry**: Government – Public School Capital Funding and Construction Management
- **Target customers**: B2G – Cities, towns, and regional school districts across Massachusetts
- **Mission statement**: “To partner with Massachusetts communities to support the design and construction of educationally appropriate, flexible, sustainable, and cost‑effective public school facilities.”

## Products & Services
- **Core Program**: Supports large‑scale new construction, additions, and major renovations. The MSBA invites school districts into a competitive, multi‑phase due diligence process and reimburses eligible costs based on a formula that accounts for community income, property wealth, and low‑income student proportion.
- **Accelerated Repair Program (ARP)**: For limited‑scope projects such as roof, window, and door replacements, plus heat‑pump conversion of heating systems. Over 550 projects are active or completed across 166 districts.
- **Green Repair Program (historical)**: One‑time $300 million program launched in 2010 that funded 189 green‑oriented repair projects (now evolved into the ARP).
- **School Survey / Building Condition Assessment**: The MSBA periodically surveys all public school facilities (1,818 schools in 2025) to assess building condition, using the data to prioritize funding and evaluate program needs.

## Market Standing
- **Valuation/Market Cap**: Not applicable (government authority with no equity value)
- **Key Revenue/Funding**:
  - Dedicated revenue source: 1% of the state’s 6.25% sales tax (approx. $1.4 billion in FY2025)
  - Total reimbursements since inception: over $18.9 billion
  - FY2025 grant payments to municipalities: ~$755 million
  - Total expenses for FY2025: ~$971 million (including $384 million in debt service)
- **Notable Investors/Partners**:
  - Board of Directors chaired by the State Treasurer (currently Deborah B. Goldberg, with CEO Jim A. MacDonald)
  - Seven‑member board including the Secretary of Administration & Finance, the Commissioner of Education, and four appointees (architect, former school committee member, university capital projects executive, former town administrator)
- **Growth Signals**:
  - In 2025, the MSBA invited 93 of 99 Statements of Interest into the ARP and 15 of 27 into the Core Program – the highest invitation rates in years
  - The Core Program project cap was increased to $1.2 billion in FY2024, with annual escalations up to 6.5%
  - $100 million in COVID‑inflation supplemental awards distributed to 30 districts by January 2025
  - Launched heat‑pump conversion projects within the ARP to support Massachusetts’ net‑zero carbon goal by 2050
  - 10 schools completed in 2025, bringing total completed Core Program schools to 245

## Competitive Advantages
- **Dedicated revenue stream**: The MSBA is funded by a fixed portion of the state sales tax, providing predictable, stable funding that is not subject to annual legislative appropriations.
- **Specialized expertise**: The agency has 20 years of experience managing large‑scale public school capital projects, from initial assessment through construction completion and final audit.
- **Efficient reimbursement model**: Districts receive payments as costs are incurred (typically within 15 days via an online portal), rather than waiting years for reimbursement – a significant improvement over the previous system.
- **Scale and track record**: Over 1,200 projects invited into the pipeline, $18.9 billion disbursed, and 1,748 projects with completed final audits.

## Strategic Focus
- **Net‑zero carbon alignment**: Partnering with the Commonwealth’s goal to achieve net‑zero emissions by 2050 by funding heat‑pump conversions and high‑efficiency building systems.
- **Equitable funding**: Using a needs‑based formula (base rate + incentive points for regionalization, renovation, energy efficiency) to allocate resources fairly across communities.
- **Facility condition improvement**: Continuing the 2025 School Survey (1,818 schools) and using data to direct funds to the most critical needs – while 89% of schools rate at condition 1 or 2, the agency targets the 10.7% that need moderate or major attention.
- **Program expansion**: Increasing the Core Program cap and invitation numbers to meet the high demand from districts for new and renovated schools.

## Why Work Here
- **Mission‑driven culture**: Employees contribute directly to improving public education infrastructure across Massachusetts, working with communities to create safe, sustainable learning environments.
- **Work location & flexibility**: Based in Boston; roles are hybrid (e.g., the External Affairs Coordinator and Deputy Director of Capital Planning positions listed as “Hybrid – Full‑Time Hybrid Boston, Massachusetts”).
- **Public‑sector stability**: A quasi‑public entity with a dedicated revenue stream, offering predictable funding and long‑term career security.
- **Meaningful impact**: Staff see tangible results – schools completed, grants distributed, and communities supported – with projects bidding over $1 billion annually through 2027.
- **Professional growth**: Opportunities in capital planning, project management, external affairs, and finance within a recognized state agency.

## Sources
1. [massschoolbuildings.org](https://massschoolbuildings.org/about)
2. [MSBA 2025 Annual Report (PDF)](https://massschoolbuildings.org/sites/default/files/edit-contentfiles/News_Events/Publications/MSBA_Annual_Report_CY25.pdf)
3. [mass.gov – Audit Overview](https://www.mass.gov/info-details/audit-of-the-massachusetts-school-building-authority-overview-of-audited-entity-0)
4. [jobs.lever.co/massschoolbuildings](https://jobs.lever.co/massschoolbuildings)
5. [massschoolbuildings.org – Senior Staff](https://www.massschoolbuildings.org/about/senior_staff)

## Other roles at Massachusetts School Building Authority

- [Human Resources Coordinator](https://feeny.ai/job/human-resources-coordinator-massachusetts-school-building-authority-boston-w6eepvaaeggt) — Boston, MA
- [Director of District Audits](https://feeny.ai/job/director-of-district-audits-massachusetts-school-building-authority-boston-zm6q7fmeqw0e) — Boston, MA
- [Senior Project Manager, Construction Administration](https://feeny.ai/job/senior-project-manager-construction-administration-massachusetts-school-0d4gmsngfmmb) — Boston, MA
- [Assistant Project Manager, Construction Administration](https://feeny.ai/job/assistant-project-manager-construction-administration-massachusetts-school-3ezsckvzday8) — Boston, MA
- [SQL Database and Business Intelligence Developer II](https://feeny.ai/job/sql-database-and-business-intelligence-developer-ii-massachusetts-school-6cp0c5q70kye) — Boston, MA
- [Project Manager III - Construction Administration](https://feeny.ai/job/project-manager-iii-construction-administration-massachusetts-school-building-6qjkgxxd3rat) — Boston, MA