JD #

JD00654

Pay Grade:

7

Title:

Financial Coordinator (II)

Unit/Project Description:

About the Role

Join our Finance team within the Department of Surgery at McMaster University!

We are seeking a Financial Coordinator (II) who will be 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.

Reporting directly to the Finance Manager, the Financial Coordinator (II) will assist the department in providing consistent, timely and accurate financial

information in order to meet the department’s financial and organizational goals.  If you have excellent communication skills and enjoy being part of a team, this

may be the role for you!

About the Department of Surgery

Over its 50+ year history, the McMaster Department of Surgery has maintained a steadfast commitment towards thinking big and making it possible. We are a

Department with 11 surgical divisions and Royal College residency training programs; together, we are poised to unleash a future fueled by a creative mindset and

powered by our people.

The successful candidate will bring a positive, solutions-focused mindset, as we collectively work towards achieving the Department Vision. 

This Vision is based on 6 core tenets:

C.R.E.A.T.E.

Culture that includes.

Research that impacts.

Education that inspires.

Advancement for all

Transformation through innovation & entrepreneurship

Excellence in patient care

About McMaster University

At McMaster University, our people are our most valuable asset. We strive to attract, develop, and retain the talented faculty and staff, and to foster inclusive

excellence which values the strengths, perspectives, and contributions of each individual.  McMaster is recognized as one of the top employers in the

Hamilton/Niagara region and has been recognized as one of Canada’s Top Diversity employers.

Working at McMaster University brings a robust total rewards package, which is more than just a salary. The elements and structure of the total rewards

packages vary by employee group but include:

• Employer Paid benefits including Extended Health, Dental, Emergency Out-of-Country Travel Coverage & Basic Life Insurance.
• Pension Plan Options & Post-Retirement Benefits.
• Training, coaching and professional development opportunities.
• Employee tuition assistance for development and education
• Opportunity to be a part of an academic environment working alongside professionals who share a passion for learning.
• Progressive paid annual vacation plan

Please see Total Rewards Overview for Unifor, Local 5555, Unit 1 for more Information.

https://hr.mcmaster.ca/resources/unifor-unit-1-total-rewards-overview/

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 documents 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:

Provide 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.