Finance Manager

4 days ago


Hamilton, Canada McMaster University Full time

**Regular/Temporary**
- Regular

**Job Title**
- Finance Manager (HYBRID)

**Job ID**
- 60995

**Location**
- Central Campus

**Open Date**
- 03/08/2024

**Job Type**
- Continuing

**Close Date**
- 01/18/2025

**Employee Group**
- TMG

**Favorite Job**

**Department**
- Surgery

**Salary Grade/Band**
- Band K

**Salary Range**
- $77996.00 - $116993.00 (annual)

**Hours per Week**
- 35

**Posting Details**

**Schedule**
- 35 hours per week, Monday to Friday, 8:30am to 4:30pm (HYBRID)

**Education Level**
- Undergraduate Degree in a relevant field of study; Accounting designation (or working towards)

**Career Level**
- 3 to 5 years of experience

**Salary Range**

Minimum $77,996; Target $97,495; Maximum $116,993

**New Leadership Opportunity**

The Finance Manager is supported by and directly responsible for a team of Financial Coordinators and Budget & Financial Analysts and is responsible for the day-to-day administration of the finances of the Department. This entails overseeing the financial transactions of two Alternate Funding Plans (AFP) and corresponding specialty review funds, 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 surgical accounts, mostly research related in nature, within both Hamilton Health Sciences and St. Joseph’s Healthcare. The Department works under a centralized model, and therefore the Finance Manager and the team are responsible for processing travel and expense reports, opening and closing accounts, and accounts payable and receivable for all faculty practices. The Manager advises the Chair and Director on University and partner Hospital financial policies and procedures. The Manager works closely with the Director, Chair and corresponding faculty committee structures in developing annual budgets for these funds and plays a key role in the annual McMaster Pediatric Surgical Associates (MPSA) and McMaster Surgical Associates (MSA) alternative funding plan audit process.

**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. Also responsible for Alternate Funding Plan projects, including T4 and self employment payments to physicians; making recommendations concerning expenditure control; informing and preparing budgets for research proposals, educational contracts and trust funds, and providing input to contract negotiations as required; recommending effective strategies to maximize the financial resources; and day to day financial management including management and supervision of 3-4 Unifor staff as well as University Students in the department, relating to finance matters.
- with advanced capabilities in Excel), excellent oral and written communication skills, and be able to explain financial matters clearly and in non-technical language and to positively influence processes.

The Manager of Finance will demonstrate McMaster’s core leadership capabilities, as outlined below.

Leadership Effectiveness:
McMaster’s core leadership capabilities are designed to nurture employee engagement through best people practices. All leaders will demonstrate these Leadership Capabilities by_: Taking a Strategic Approach; Communicating and Collaborating; Developing People; Investing in Relationships; Championing Change and Innovation; and Driving Results._

**Important Considerations**
- This position will be hybrid, with flexibility to work remotely based upon operational needs. The role requires on-site presence at the Department of Surgery Administration office at Institute of Applied Health Sciences (Main Street campus), as well as Hospital sites within Hamilton Health Sciences and St. Joseph’s Healthcare Hamilton. Flexibility outside of regular business hours is required.

**What We Offer**
In addition to joining a top ranked university, McMaster offers a very competitive total compensation package that includes but is not limited to:

- Employer Paid benefits such as Extended Health, Dental, Emergency Out-of-Country Travel Coverage & Basic Life Insurance.
- Participation in a Group Retirement Savings Plan.
- Training, coaching and professional development opportunities.
- Annual Management Professional Development Allowance & Management Professional Days off (_available to TMG only_)
- Employee tuition assistance for continuous 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

**About McMaster University**

Ranked as one of the world’s top 70 universities, McMaster University is known for teaching and research excellence. Our purp


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