Financial Coordinator

2 months ago

Hamilton, Ontario, Canada McMaster University Full time

Job Summary:

As a Financial Coordinator at McMaster University, you will play a crucial role in ensuring the accuracy and compliance of financial transactions. You will analyze, record, and classify accounting data, ensuring that all financial procedures are followed.

Key Responsibilities:

  • Coordinate the collection, verification, and analysis of financial data.
  • Maintain the department's financial management system, ensuring accuracy and compliance.
  • Interpret and communicate financial policies and procedures to colleagues.
  • Assist with internal and external audits, preparing audit files and responding to auditor inquiries.
  • Develop and deliver training sessions on financial procedures and systems.
  • Analyze data and assess for reasonableness.
  • Assist with budget development and implementation.
  • Exercise controls, monitor, and reconcile accounts.
  • Prepare financial reports, statements, and documents.
  • Perform various analyses and reconciliations of accounts.
  • Generate reports and account statements, reviewing for accuracy.
  • Provide training and guidance on accounting procedures and financial systems.
  • Calculate, prepare, and issue invoices, cheques, and account statements.
  • Process, verify, and balance financial records and transactions.
  • Investigate discrepancies using established procedures.
  • Monitor and reconcile statements, participating in account reconciliations.
  • Prepare and generate scheduled and ad-hoc reports.
  • Update, maintain, and verify information in spreadsheets and databases.
  • Balance and control cash receipts, including floats and petty cash.
  • Apply mathematical skills to perform calculations and create complex spreadsheets.
  • Answer complex inquiries via phone, email, or in-person, requiring specialized knowledge of policies and procedures.
  • Maintain filing systems, both electronic and hard copy.

Supervision:

  • Provide direction to others on work tasks.
  • Ensure adherence to quality standards and procedures for short-term staff.

Qualifications:

  • 2-year Community College diploma in Accounting or a related field.
  • 4 years of relevant experience.

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