Job ID

78745

Job Title

BUDGET & FINANCIAL ANALYST (I) - JD0656

Regular/Temporary

Temporary

Location

HSC- Central Campus

Open Date

2026/09/16

Job Type

Limited Term (>12 months)

Close Date

2026/09/29

Employee Group

Unifor Unit 1, Staff

Favorite Job

Department

Medicine

Full/Part Time

Full-Time

Salary Grade/Band

Grade 8

Salary Range

$31.91 - $44.92 (hourly)

Job Code

JD0656

Existing Vacancy

Yes - Backfilling as Existing

Contract Duration

14.7 Months

Target Number of Openings

1

Hours per Week

35

Posting Details

Schedule

Monday - Friday, 8:30am - 4:30pm

Hybrid (2 days onsite, 3 days remote)

Education Level

Bachelor’s degree in Finance, Accounting,

Economics, or relevant field of study.

Career Level

Requires 4 years of relevant experience.

Anticipated Fill Date

ASAP

Existing Vacancy?

Yes, backfilling existing role

Number

JD00656

The mission of the Department of Medicine is to provide outstanding clinical care, to provide superlative education and to maintain our position as a world-leading centre for research and innovation. The Department of Medicine is the largest department in Faculty of Health Sciences with 18 divisions in an academic, clinical and research environment employing over 1000 staff and 360 full-time faculty.

Job Summary:

We are currently seeking a highly motivated Budget and Financial Analyst (I) . In this role, you will drive our financial planning by coordinating, consolidating, and analyzing financial data to develop program budgets that maximize our fiscal resources. Beyond forecasting, you will serve as a leader within the department by training colleagues on financial procedures and providing day-to-day supervisory support to other staff.

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 Growth opportunities Opportunity in accordance with Article 19 of the Unifor Local 5555 Unit 1 Collective Agreement.

Accountabilities:

- Analyze financial information to aid in the development and implementation of short-term and long-term financial planning.
- Develop multi-year budgets for review and approval.
- Project revenues and prepare detailed calculations of projected compensation costs and other expenditures.
- Prepare budget appropriation adjustments required after the approval of the original budget.
- Prepare working papers and consolidate information in accordance with financial auditor requirements.
- Develop estimates of time, resources, and budgets for various program activities and events.
- Plan and coordinate timetables and budget processes for budget review with various departments.
- Meet with departments to review resource plans in order to prepare financial projections.
- Coordinate and schedule data flow and financial information required for the preparation and development of detailed financial statements.
- Scrutinize, analyze, and reconcile detailed financial reports and records.
- Monitor and investigate error and exception reports.
- Analyze business processes to ensure efficiency and proper controls for accurate financial reporting and the safeguarding of assets. Recommend changes to improve processes.
- Act as a resource to staff, departments, and external agencies, and respond to inquiries, questions and concerns pertaining to financial issues.
- 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.
- Develop budgets for review and approval.
- Implement and maintain budgets. Create financial projections and make adjustments to budgets throughout the fiscal year.
- 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.
- Investigate discrepancies using established procedures.
- Monitor and reconcile statements and participate in the reconciliation of accounts.
- Prepare and generate a variety of scheduled and ad hoc reports.
- Update, maintain, and verify information in a variety of spreadsheets and databases.
- Balance and control cash receipts, including floats, petty cash and cheques.
- Apply standard mathematical skills such as calculations, formulas, and equations to perform a variety of calculations.
- Create spreadsheets including complex formulas and equations.
- Answer complex inquiries via telephone, email, and in person that are specific in nature and require a specialized
- knowledge of policies and procedures.
- Maintain filing systems, both electronic and hard copy.

Skills and Qualifications:

- Bachelor’s degree in Finance, Accounting, Economics, or relevant field of study.
- Requires 4 years of relevant experience.
- The following is also an asset:
- Minimum of three years’ experience effectively managing/working in a large financial portfolio.
- A broad in-depth knowledge of accounting principles, theories, concepts and practices combined with a thorough knowledge of accounting applications in a computerized environment.
- Experience with financial data analysis, project management and the management of significant financial responsibilities with a focus on achieving departmental financial goals and objectives on a sustained basis.
- Advanced knowledge of MS Office, Spreadsheets, MOSAIC, Hyperion and University accounting policy and procedures
- Proven experience with monthly reconciliations
- Demonstrated knowledge of the AFP Academic Merit Contributions process and compliance standards.
- Demonstrated knowledge of McMaster University’s Postgraduate and Clinical Fellowship Programs.

Pay Transparency Statement The posted hiring range represents McMaster's typical hiring range for this position.



Actual starting salary will depend on factors such as relevant experience, qualifications, internal equity, and market conditions. Individuals with extensive experience, deep specialized expertise, and/or those who can demonstrate exceptional past performance, as applicable, may be hired at a higher rate within the full range, in accordance with the University compensation policies.

How To Apply 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.

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

- Human Resources Service Centre at (phone hidden) 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 Mandate - FHS

This position is located in a host hospital or other healthcare site that has an active vaccination mandate in place. Successful applicants will need to comply with these and any other health and safety measures necessary as part of their appointment.

Hybrid Work Language To ensure an ongoing and vibrant University community that meets the needs of our students, staff and faculty and supports the University mission, ability to work on-site continues to be a requirement for most University positions. The University is supportive of exploring flexible work arrangements that effectively balance operational needs and employee interests.

Interview Experience

At McMaster University, we believe in a comprehensive and inclusive interview process. Our interview methods encompass a variety of approaches that allow our hiring teams to provide a flexible and accessible experience for engaging with our candidates. Throughout your recruitment process at McMaster, you may be requested to participate in a variety of formats, that may include in-person, virtual or recorded interviews.

If you have any questions as you move through the hiring process, please reach out to [email protected] or the HR contact associated with your position of interest.

AI Statement

McMaster and its third-party partners may use AI tools to screen, assess, or select applicants during the hiring process. Please note that currently our recruitment platform does not use AI nor is it part of our current recommended recruitment process.

📌 BUDGET & FINANCIAL ANALYST (I) (Canada)
🏢 McMaster University
📍 Canada