Accounts Payable Specialist

3 weeks ago


Hamilton, Canada McMaster University Full time

**Schedule**
Mon - Fri 35 Hours/Week

**Education Level**
2 year Community College diploma in Accounting or a related field of study.

**Career Level**
Requires 3 years of relevant experience.

**Pay Grade**
6
- Should the successful applicant be a Unifor Unit 1 bargaining unit member, who meets the eligibility conditions of Article 19.02 of the Unifor Unit 1 Collective Agreement, then the Limited Term Assignment will be defined as a Career Growth Opportunity in accordance with Article 19 of the Unifor Local 5555 Unit 1 Collective Agreement._

**General Description**

**Responsibilities & Duties**
- Receive, verify, process, and approve for payments various documents such as invoices, non-purchase and purchase order vouchers, expense reports, accountable advances, petty cash, drafts, wires, credit card reconciliation, debit memos, electronic fund transfers and deposits.
- Verify that transactions comply with University policies and procedures and other legislated or regulatory expectations.
- Analyze requests for payment and reimbursement and assess for reasonableness. Probe requests that are in conflict with University policies or provincial and federal government legislation.
- Exercise appropriate internal controls.
- Ensure appropriate tax applicability to support remittance to Revenue Canada and issuance of T4A/T4ANR slips by Accounts Payable.
- Ensure timely and accurate payments to suppliers and non-suppliers.
- Responsible for processing, control, and maintenance of commitments such as encumbrances.
- Interpret and communicate applicable financial policies, procedures, and guidelines to others.
- Initiate and run a variety of pay cycles and voucher build processes. Investigate and resolve all related issues.
- Assist with internal and external audits and respond to auditor inquiries.
- Perform various analyses and reconciliations of accounts.
- Provide guidance to others on relevant accounting procedures and the use of financial systems, processes, and forms.
- Investigate discrepancies and errors using established procedures and correct same.
- Monitor and reconcile statements and participate in the reconciliation of accounts and daily transaction balancing.
- Update, maintain, search, and verify information in a variety of databases.
- Perform year-end processes in accordance with established guidelines.
- Review commitments and encumbrances and accrue where applicable and reverse entries.
- Review incoming invoices and requests for payment, validate date goods received or services delivered, and determine applicable reporting year and accrue as appropriate.
- Perform year-end balancing and reporting where applicable.
- Maintain all appropriate documentation supporting accounts payable and supplier payments in an organized and orderly manner to support tax, audit, and any other statutory requirements.
- Process cancelled cheques and stop payments.
- Distribute cheques in the absence of other staff.
- Sort and distribute incoming mail.

**Qualifications**
- 2-year Community College diploma in Accounting or a related field of study.
- Requires 3 years of relevant experience.

**How To Apply**

**Employment Equity Statement**

McMaster University is located on the traditional territories of the Haudenosaunee and Mississauga Nations and within the lands protected by the “Dish With One Spoon” wampum agreement.

The diversity of our workforce is at the core of our innovation and creativity and strengthens our research and teaching excellence. In keeping with its Statement on Building an Inclusive Community with a Shared Purpose, McMaster University strives to embody the values of respect, collaboration and diversity, and has a strong commitment to employment equity.

Job applicants requiring accommodation to participate in the hiring process should contact:

- Human Resources Service Centre at 905-525-9140 ext. 222-HR (22247), or
- Faculty of Health Sciences HR Office at ext. 22207, or
- School of Graduate Studies at ext. 23679

to communicate accommodation needs.

**Vaccination Policy Statement**

The University is committed to providing and maintaining healthy and safe working and learning environments for all employees, students, volunteers and visitors. The University’s Vaccination Policy-COVID-19 Requirements for Employees and Students (the “Vaccination Policy”), requires all McMaster community members, including employees, accessing a McMaster campus or facility in person to be fully vaccinated or to have received an exemption from the University for a valid human rights ground. While the Vaccination Policy is currently paused, it may resume quickly and on short notice, as informed by public health advice and direction. Should it become necessary in future to resume the Policy, all community members will need to demonstrate compliance at that time. Successful applicants in those positions that work in host hospitals or other healthcare sites that have active vaccination mandates in place



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