City : Hamilton

Category : Other

Industry : Education

Employer : McMaster University

Unit/Project Description:

Ranked as one of the world’s top universities, McMaster University is known for teaching and research excellence. Our purpose is the discovery, communication, and preservation of knowledge. In our teaching, research, and scholarship, we are committed to creativity, innovation, and excellence. We value integrity, quality, inclusiveness, and teamwork in everything we do. We inspire critical thinking, personal growth, and a passion for lifelong learning. We serve the social, cultural, and economic needs of our community and our society.

The Faculty of Science, one of the largest among Canadian universities, is a vibrant community of 8 distinct departments & school including researchers, educators, students, staff and alumni who work to create a brighter world. Our mission is to advance scientific discovery and knowledge, and to promote scientific literacy and understanding in our community. Our vision is to be the leading Faculty of Science in Canada and among the world’s best in strategic areas of strength through innovation, creativity, and excellence in research, education, scholarship and service.

In support of the Faculty of Science (both central and departmental units) teaching and research missions, the Dean’s office Financial Coordinator team is responsible for performing a range of financial activities for the whole Faculty. 

Compensation & Benefits:

As a Unionized position, this role at McMaster offers robust, market-driven compensation, benefits, retirement savings plans/pensions, paid time-off, performance and service recognition, tuition assistance for employees, tuition bursary for dependents, and many other professional development and growth opportunities. 

To learn more about the total rewards available to the successful candidate, please access McMaster’s Total Rewards Overview for Unifor employees (https://hr.mcmaster.ca/app/uploads/2019/11/Unifor-Local-5555-Unit-1-Total-Rewards-Overview-Nov-2019-final-1.pdf)  with a summary of the compensation, benefits, retirement income, paid time-off, and learning and development opportunities offered at McMaster. To further explore the extensive total rewards program, detailed information can be accessed through the links throughout the overview document. 

Job Summary:

Responsible for applying specialized knowledge and understanding of financial policies and procedures to coordinate and process University financial transactions. Analyzes, records, classifies, and summarizes accounting data according to established procedures. Ensures accuracy and compliance with existing guidelines, policies, and procedures. Provides lead hand supervision to other staff.

Purpose and Key Functions:

• Coordinate the collection, verification, analysis and reporting of financial data.
• Interpret and communicate applicable financial policies, procedures and guidelines to others.
• Assist with internal and external audits by preparing audit files and responding to auditor inquiries.
• Develop and deliver training and information sessions.
• Analyze data and assess for reasonableness.
• Develop budgets for review and approval.
• Implement and maintain budgets. Create financial projections and make adjustments to budgets throughout the fiscal year.
• Exercise appropriate controls, monitor, and reconcile accounts.
• Write a variety of document and reports such as procedure manuals, accounting reports, and financial statements.
• Perform various analyses and reconciliations of accounts.
• Generate reports and account statements and review for accuracy.
• Provide training and guidance to others on relevant accounting procedures and the use of financial systems.
• Generate reports and account statements and review for accuracy.
• Calculate, prepare and issue invoices, cheques, account statements and other financial statements according to established procedures.
• Receive, send, sort, verify, process and prepare various documents such as purchase orders, invoices, cheque requisitions, receivables, and payables.
• Process, verify, and balance financial records and business transactions, such as accounts payable, accounts receivable, and payroll.
• Investigate discrepancies using established procedures.
• Monitor and reconcile statements and participate in the reconciliation of accounts.
• Prepare and generate a variety of scheduled and ad hoc reports.
• Update, maintain, and verify information in a variety of spreadsheets and databases.
• Balance and control cash receipts, including floats, petty cash and cheques.
• Apply standard mathematical skills such as calculations, formulas, and equations to perform a variety of calculations.
• Create spreadsheets including complex formulas and equations.
• Answer complex inquiries via telephone, email, and in person that are specific in nature and require a specialized knowledge of policies and procedures.
• Maintain filing systems, both electronic and hard copy.

Supervision:

• Provides lead hand supervision and is responsible for the quality and quantity of work of others.

Requirements:

• 2 year Community College diploma in Accounting or a related field of study.
• Requires 5 years of relevant experience.

Assets:

• Working towards a financial designation.
• Ability to work independently.
• Ability to work with others and communicate in professional manner.
• Service focused.

Additional Informaiton: Hybrid opportunity