Financial Planning and Budget Analyst

Job Title BUDGET & FINANCIAL ANALYST (I)

Regular/Temporary Regular

Employee Group Unifor Unit 1, Staff
Department Hospitality Central Administra

Full/Part Time Full-Time

Salary Range $28.90 - $43.51 (hourly)

Posting Details
Schedule Monday - Friday 35 Hours/Week

Education Level Bachelor’s degree in Finance, Accounting, Economics, or relevant field of study.

Responsible for the coordination, consolidation, and preparation of financial information and related analyses in order to forecast financials and develop program budgets that maximize fiscal resources. Provides training and guidance to others as it pertains to departmental financial processes and procedures. Provides lead hand supervision to other staff.
Analyze financial information to aid in the development and implementation of short-term and long-term financial planning.
Project revenues and prepare detailed calculations of projected compensation costs and other expenditures.
Prepare working papers and consolidate information in accordance with financial auditor requirements.
Coordinate and schedule data flow and financial information required for the preparation and development of detailed financial statements.
Analyze business processes to ensure efficiency and proper controls for accurate financial reporting and the safeguarding of assets.
Provide advice on the restructuring of accounts for proper management control and streamlined reporting.
Coordinate the collection, verification, analysis and reporting of financial data. Interpret and communicate applicable financial policies, procedures and guidelines to others.
Assist with internal and external audits by preparing audit files and responding to auditor inquiries.
Develop and deliver training and information sessions. Analyze data and assess for reasonableness.
Exercise appropriate controls, monitor, and reconcile accounts.
Write a variety of document and reports such as procedure manuals, accounting reports, and financial statements.
Perform various analyses and reconciliations of accounts.
Generate reports and account statements and review for accuracy.
Provide training and guidance to others on relevant accounting procedures and the use of financial systems.
Calculate, prepare and issue invoices, cheques, account statements and other financial statements according to established procedures.
Receive, send, sort, verify, process and prepare various documents such as purchase orders, invoices, cheque requisitions, receivables, and payables.
Process, verify, and balance financial records and business transactions, such as accounts payable, accounts receivable, and payroll. Monitor and reconcile statements and participate in the reconciliation of accounts.
Update, maintain, and verify information in a variety of spreadsheets and databases.
Answer complex inquiries via telephone, email, and in person that are specific in nature and require a specialized knowledge of policies and procedures.
Supervision
~ Provide lead hand supervision and is responsible for the quality and quantity of work of others.

A typical work day consists of greater than 3.5 hours of low physical effort for activities such as:

o Intermittent periods of keyboarding to word process documents, validate data, and enter data into spreadsheets and databases.
o Collecting routine information, writing a variety of formal notes and records, and entering data into a variety of spreadsheets and databases.
~ o Coordinating and scheduling data flow and financial information needed for preparation and development of detailed financial statements.
o Providing advice on the restructuring of accounts for proper management control and streamlined reporting.
o Providing advice and training on topics including, but not limited to, financial transactions, business processes, and functional system requirements.
~ o Analyzing financial information to aid in the development and implementation of short-term and long-term financial planning.
Risk to the incumbent is no higher than for the general population

To apply for this job, please submit your application online.
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.
The University seeks qualified candidates who share our commitment to equity and inclusion, who will contribute to the diversification of ideas and perspectives, and especially welcomes applications from indigenous (First Nations, Métis or Inuit) peoples, members of racialized communities, persons with disabilities, women, and persons who identify as 2SLGBTQ+.
As part of McMaster’s commitment, all applicants are invited to complete a confidential Applicant Diversity Survey through the online application submission process. The Survey questionnaire requests voluntary self-identification in relation to equity-seeking groups that have historically faced and continue to face barriers in employment. Please refer to the Applicant Diversity Survey - Statement of Collection for additional information.
Faculty of Health Sciences HR Office at ext. School of Graduate Studies at ext. Hybrid Work Language

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