Finance Manager

3 weeks ago


Hamilton, Canada McMaster University Full time

**Schedule**
Monday - Friday - 35 hours/week

**Education Level**
- University degree in Business Administration, Commerce or equivalent combined with a professional accounting experience or equivalent designation_

**Career Level**

A minimum of five years effectively leading and managing a multi-disciplinary team, preferably in a University or Hospital environment.

Overview:
The Facility Services Department supports McMaster University’s goal of advancing human and societal wellbeing, and the “Forward With Integrity” overriding vision of ‘educating for capability, by physically preserving and enhancing the campus and its buildings. The Department is comprised of several operational divisions, which include: Custodial Services, Maintenance Services, Design and Construction, Logistics and Grounds, Parking and Security, Engineering Operations, and Utilities and Energy Management which our Finance Office supports. Facility Services is also supported by an internal Business Services unit.

Job Summary:
This role will take on financial functions and take ownership in several projects such as financial cash flow management projection, maintenance of capital projects and system review projects to utilize the capital B1 report in conjunction with the Director. In Facility Services; a multi-department environment. -Under the direction of the Director, the employee will be responsible for developing, recommending, implementing, and monitoring the 3 annual operating budgets, the Parking Ancillary budget, and Capital budgets. Overseeing adequate financial controls are in place and that they are in accordance with University policies and procedures. Assisting with annual year-end audits and multiple specific purpose capital audits. This includes liaising with all faculties, departments and research centres across the University. The Finance Manager is responsible for the leadership and day-to-day management of the 4 FTE finance staff members of the Department and potential a few students.

Accountabiities:
Provides financial assistance in a multi-site environment

Formulates business plans and analyzes alternative operating strategies enabling the

Department’s to make informed decisions Operational analysis process development and reporting.

Development and oversight of individualized support for capital projects and Design and Construction group

Has accountability for financial decision making in collaboration with the Director of Finance and leads the implementation of projects related to the budgeting and financial strategic objectives of the Department

Oversees the ongoing identification, of all relevant data, projections, and forecasts that are required to be prepared to support the Department’s strategic goals and operational activities, in collaboration and consultation with the Director of Finance.

Provides financial analysis with respect to matters affecting the Department, which requires an understating of operating areas and capital undertakings of the University (both internal and external), as well as external markets relevant to business in which the Department has a financial or stakeholder interest.

Directs others in the preparation of individual and consolidated monthly financial reports for the Director of Finance, and consults each quarter providing updated projections for revenue and expenditures and revising the financial plan accordingly.

Accountability for the preparation of all interim and year-end financial statements, and assists the Director of Finance in reconciling various systems of financial data to ensure the accuracy of the Department’s financial statements. etc. Mosaic (MM)

Audits all accounts and revenues; ensures compliance with University, Departmental, Ministry and other relevant budget policies and financial procedures; and prepares all appropriate reporting and year-end documentation, which includes monitoring accounts, interpreting, and making financial recommendations to be reviewed by the Director of Finance

Ensures the Department meets all contractual and financial obligations, including timely invoicing to external parties and efficient collection of corresponding revenue and timely payment of invoices payable and travel expenses.

Consults with Financial Affairs or other relevant counsel on complex financial legal matters as required and reviews the financial policy and with the direction of the Director of Finance.

Direct reports will prepare year-end financial statements for presentation to the Director of Finance.

Under the operational components the role will have responsibilities for capital funds, operating, and specifically funded accounts, including reconciliations, deficit planning and providing input to the development of re-payment plans.

Overseeing the management of the Capital project accounts and works in collaboration with the design and construction group to ensure management of opening and closing out these projects. These account


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