Finance Department

The Finance Department is responsible for the following services and functions:

• Accounting services
• Payroll services
• Financial planning
• Financial analysis and reporting
• Investment management
• Financial reporting of college-wide Capital Projects
• Charitable receipt processes and controls
• Maintenance of financial information system
• Mohawk College Foundation financial overview
• Mohawk College Enterprise financial overview

Responsible for the following main functions:

• Accounts payable
• Accounts receivable
• Cash handling
• Commodity tax (HST) compliance
• General ledger maintenance and account reconciliations
• Capital assets
• Purchasing card claims

Responsible for the following main functions:

• Processing payroll for full-time and part-time employees
• College specific deductions (e.g. computer purchases, donations, etc.)
• Remittances and reporting to external organizations (e.g. CRA, CAAT Pension, etc.)
• Expense claims and travel advances
• T4s and T4As
• Benefit premiums for retirees and employees on leaves

Financial Planning Services

Responsible for the following main functions:

• Budget Planning and Financial Strategy

Financial planning is responsible for the following:

• Development and ongoing review of college financial plans
• Budget allocations and transfers
• Year-end forecasts
• Providing financial management services
• Operational support to financial managers
• Program costing
• Financial analysis and special project reporting

Contact Christine Esteban
Director, Financial Planning
Phone: 905-575-2469
christine.esteban [at] mohawkcollege.ca (Email Christine)