Job ID

79440

Job Title

BUDGET & FINANCIAL ANALYST (I)

Regular/Temporary

Regular

Location

Central Campus

Open Date

2026/11/02

Job Type

Limited Term (<12 months)

Close Date

2026/11/15

Employee Group

Unifor Unit 1, Staff

Favorite Job

Department

Surgery

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

21.1 Months

Target Number of Openings

1

Hours per Week

35

Posting Details

Schedule

35 hours per week, Monday to Friday from 8:30 am to 4:30 pm

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

January 4, 2027

Job Description

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.

JD #

JD00656

Pay Grade:

8

Title:

Budget and Financial Analyst (I)

Unit/Project Description:

The Department of Surgery is seeking a Budget & Financial Analyst to support the research activities of our faculty members. With a diverse portfolio

of large and complex research projects, the department requires someone with strong financial expertise to develop and manage budgets, ensure

compliance with funding requirements, and maintain accurate financial reporting.

This role offers a unique opportunity to contribute to meaningful and impactful research by providing the financial stewardship that helps advance

healthcare innovation.

About the Department of Surgery

Over its 50+ year history, the McMaster Department of Surgery has maintained a steadfast commitment towards thinking big and making it possible.

We are a Department with 11 surgical divisions and Royal College residency training programs; together, we are poised to unleash a future fueled by

a creative mindset and powered by our people.

The successful candidate will be bring a positive, solutions-focused mindset, as we collectively work towards achieving the Department Vision.

This Vision is based on 6 core tenets:

C.R.E.A.T.E.

Culture that includes

Research that impacts

Education that inspires

Advancement for all

Transformation through innovation & entrepreneurship

Excellence in patient care

About McMaster University

At McMaster University, our people are our most valuable asset. We strive to attract, develop, and retain the talented faculty and staff, and to foster

inclusive excellence which values the strengths, perspectives, and contributions of each individual. McMaster is recognized as one of the top

employers in the Hamilton/Niagara region and has been recognized as one of Canada’s Top Diversity employers.

Working at McMaster University brings a robust total rewards package, which is more than just a salary. The elements and structure of the total

rewards packages vary by employee group but include:

- Employer Paid benefits including Extended Health, Dental, Emergency Out-of-Country Travel Coverage & Basic Life Insurance;
- Pension Plan Options & Post-Retirement Benefits;
- Training, coaching and professional development opportunities;
- Employee tuition assistance for development and education
- Opportunity to be a part of an academic setting working alongside professionals who share a passion for learning;
- Progressive paid annual vacation plan

Please see Total Rewards Overview for Unifor, Local 5555, Unit 1 for more Information .

https://hr.mcmaster.ca/resources/unifor-unit-1-total-rewards-overview/

Job Summary:

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.

Purpose and Key Functions:





- 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.
- Generate reports and account statements and review for accuracy.
- 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.

Supervision:

Provide lead hand supervision and is responsible for the quality and quantity of work of others.

Requirements:

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

Requires 4 years of relevant experience.

Assets:





Advanced Excel Skills: Strong proficiency in Microsoft Excel, including formulas, pivot tables, lookups (VLOOKUP/XLOOKUP), data analysis, reporting, and spreadsheet automation.

Reconciliation Experience: Proven ability to perform detailed account, balance sheet, and transaction reconciliations with a high degree of accuracy and attention to detail.

Process Improvement Mindset: Demonstrated experience identifying inefficiencies, streamlining workflows, improving controls, and implementing process enhancements to increase accuracy and productivity.

Analytical Skills: Strong problem-solving abilities with the capacity to analyze large datasets, identify discrepancies, and provide actionable recommendations.

Attention to Detail: Highly organized with a commitment to accuracy and quality in financial and operational processes.

Continuous Improvement Focus: Proactive in seeking opportunities to improve reporting, workflows, and team processes.

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