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Finance Manager

4 months ago

Hamilton, Canada McMaster University Full time

**Schedule**

Monday - Friday, 8:30am - 4:30pm

Hybrid Working Accomodation Available

**Education Level**

Bachelor's Degree in related field

**Career Level**

3 - 5 years experience in financial management

Demonstrated management experience

Ranked as one of the world’s Top 100 universities, McMaster University is devoted to the cultivation of human potential, realized through our innovative educational programs, cutting-edge research, and the diverse students, faculty, staff, and alumni who make up the McMaster family. Dedicated to creating a _Brighter World_, we recognize that our people are our most valuable resource**. **Those who join McMaster** **will find a community of talented individuals who are inspired by the university's commitment to embodying the values of integrity, quality, inclusiveness, and teamwork. It is through these talented individuals, their creativity and drive for results that McMaster University has earned its reputation as being Canada's most innovative university.

The Faculty of Health Sciences (FHS), the largest Faculty within McMaster, has an unwavering commitment to collaboration, strategic partnerships, accountability, innovation, excellence, integrity, and optimism. Our pioneering approaches to education and our reputation for world-class research has consistently placed McMaster among the top 50 universities in the world for health and medicine. The Faculty enjoys close relationships with its academic hospital partners, as well as strong collaborations with researchers in Canada and around the world.

**_
Our Department:_**

Within the Faculty of Health Sciences, the **Department of Pediatrics** is home to over 200 pediatricians, scientists, teachers, and trainees whose collective mission is to improve the wellbeing of children and their families - both locally, and around the world. We achieve this through our _Vision, Mission & Values_:
**_ Our Vision:_**_ _A brighter path for every child and their family.

**_ Our Mission:_**_ _Together, we lead to advance child and youth health. We are committed to patient-centred care, research, education, learning, and advocacy. We strive for diverse representation, inclusive participation, equitable opportunities, and we address structural barriers to improve healthcare outcomes. Our innovative work achieves global impact and enhances the well-being of all children and their families. We support the welfare of our team members and engage with respect and accountability.

**_ Our Values:_** We value compassion, collaboration, excellence, and innovation. We recognize it is our responsibility to create environments where all people feel safe and supported.

**_
Postion Summary:_**
- to-day management of finances for a multi-million dollar academic and clinical department in accordance with _Generally Accepted Accounting Principles_ (GAAP), McMaster University, and other relevant policies and procedures.

This will entail overseeing the financial transactions of two Alternate Funding Plans (AFP), the clinical practice plan, research account reconciliation, department operating funds and education specifically restricted funds. In addition, the **Finance Manager** has a liaison relationship with the pediatric accounts within both Hamilton Health Sciences and St. Joseph's Healthcare.

The **Finance Manager** will advise department leadership on University and partner hospital financial policies and procedures, work in developing annual budgets, and play a key role in working with the _McMaster Pediatric Physician Association_ (MPPA) and other partner institutions.

Reporting to the Director of Administration, the **Finance Manager** will also work in accordance with directions from the Department Chair of Pediatrics, as well as both University and external sponsor policies and procedures to achieve department goals and objectives.

The **Finance Manager** is supported by and is responsible for managing a current team comprising of an Accounting Assistant, Data Management Assistant, and Budget Analyst. This team is collectively responsible for supporting the processing of travel and expense reports, and accounts payable and receivable for all faculty practices. The department finance team is responsible for supporting all research funds and liaising with the various responsible offices.

**_
Key Accountabilities:_**
- Responsibilities include meeting all University, Regional Medical Associates and Ministry deadlines. Developing and implementing all departmental budgets, individual faculty budgets, annual personnel agreements, year end reconciliation and reporting up to and including trial balance for external auditors.
- Responsible for Alternate Funding Plan (AFP) projects, including T4 and self employment payments to physicians.
- Making recommendations concerning expenditure control; informing and preparing budgets for research projects, educational contracts, and trust funds, and providing input to contract negotiations as requ