Accounts Payable Accountant

University of Toronto; Toronto; On-site; CAD 72,000 - 92,000; Full time

Job summary

The Accounts Payable Accountant at the University of Toronto operates within Financial Services under the CFO portfolio, delivering accurate and policy-compliant payment processing for the university community. The role supports year-end activities, auditors and internal stakeholders while handling various payment types including cheques, EFTs, and international wires.

Reporting to the Accounts Payable Supervisor, this position requires a diploma in accounting and at least three years of

Qualifications

• Advanced three-year college diploma in accounting or equivalent experience.
• Three years of high-volume, multi-function payment processing experience.
• Experience with centralized AP in a large organization.
• Proficiency with SAP for posting journal entries and reporting.
• Strong Excel, Word, Outlook and SharePoint skills.
• Excellent communication, organizational and data entry abilities.

Responsibilities

• Process accounts payable transactions (cheques, EFTs, wire payments) per University guidelines.
• Respond to inquiries and ensure proper approvals before processing.
• Verify documentation completeness and accuracy prior to posting in SAP or FIS.
• Reconcile AP general ledger balances and investigate discrepancies.
• Generate standard reports from SAP and support year-end activities.
• Maintain AP procedures and documentation; assist with system testing.

Skills

Attention to detail

Communication

Organizational skills

Problem solving

Education

Advanced accounting diploma

Tools

SAP

Excel

SharePoint

Outlook

Job description

Accounts Payable Accountant

Description:

About us:

Accounts Payable operates within Financial Services under the Chief Financial Officer (CFO)portfolio at the University of Toronto. The team supports the University’s academic mission through effective financial stewardship within a decentralized financial management framework.

Working closely with the University community, Accounts Payable delivers core financial services, ensuring accurate, efficient, and policy-compliant payment processes while providing guidance on related procedures.

Financial Services is committed to:

• Meeting legislative, regulatory, and reporting requirements
• Managing relationships with external financial partners
• Delivering efficient, centralized financial services across the University

Reporting to the Accounts Payable Supervisor, the Accounts Payable Accountant is responsible for processing payments (cheques, foreign drafts, EFTs, expense reimbursements and wire transfers) for the university community. The role includes responding to departmental and vendor inquiries, supporting system testing, managing electronic payment documentation, and generating SAP reports.

Additional responsibilities include processing journal entries and accounting adjustments (e.g., bank deposits, cash advances, and related transactions); managing the opening and closing of petty cash, cash floats, and Imprest/chequing accounts; reconciling Accounts Payable general ledger balances; and setting up non-commercial vendor accounts as required. The role also involves supporting year end activities, collecting required documentation for transactions identified by external auditors and various finance and process improvement projects.

Duties and Responsibilities:

• Process accounts payable transactions (cheques, foreign drafts, EFTs, expense reimbursements and wire payments) in accordance with the University Guide to Financial Management (GTFM)
• Respond to inquiries within the scope of the role and redirect as appropriate
• Verify appropriate approvals are obtained prior to processing transactions
• Ensure completeness and accuracy of documentation before processing in FIS
• Reconcile accounts and investigate discrepancies as required
• Handle sensitive and confidential information with discretion
• Generate standard financial reports from SAP
• Remain current on the University’s programs, policies, and procedures
• Respond to AP inquiries from the university community, and provide ongoing guidance relating to AP payment processes (such as wire payments)
• Support year-end audit activities by collecting documentation for AP transactions identified by external auditors, including journal entry testing
• Maintain and update Accounts Payable procedures and documentation
• Perform system testing of critical Accounts Payable functions in accordance with the Accounting Services Testing Checklist (at minimum annually)

Qualifications:

• Completed advanced three-year college diploma in a recognized accounting program and/or an acceptable combination of education and accounting experience.
• Minimum three years’ accounting experience in high-volume, multi-function payment processing and/or payment generation within a university environment.
• Demonstrated experience performing accounts payable functions within a centralized finance office with a large volume of transactions.
• Strong knowledge of policies and procedures related to Accounts Payable function and applicable sections of the University Guide to Financial Management.
• Proven experience with processing EFT, cheques and international wire payments.
• Experience in performing accounting adjustments and journal entry postings in SAP. Proficiency in SAP is required.
• Intermediate skills and abilities in standard office technology including Microsoft Excel, Word, Outlook and SharePoint.
• Accurate data entry skills.
• Excellent verbal and written communication skills; strong organization skills.
• Strong problem-solving skills.
• Demonstrated exceptional attention to detail and high degree of accuracy.

To be successful in this role you will be:

• Accountable
• Communicator
• Organized
• Problem solver

NOTE: This is a one (1) year term position. Some overtime may be required.

Closing Date: 09/03/2026, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Term
Schedule: Full-Time
NOTE: This is a one (1) year term position. Some overtime may be required.
Pay Scale Group & Hiring Zone:
USW Pay Band 10 -- $72,119. with an annual step progression to a maximum of $92,226. Pay scale and job class assignment is subject to determination pursuant to the Job Evaluation/Pay Equity Maintenance Protocol.
Job Category: Finance/Budget/Planning/Audit
Recruiter: Blythe Campbell

Lived Experience Statement

Candidates who are members of Indigenous, Black, racialized and 2SLGBTQ+ communities, persons with disabilities, and other equity deserving groups are encouraged to apply, and their lived experience shall be taken into consideration as applicable to the posted position.

Job descriptions are available upon request for internal applicants.

Diversity Statement

The University of Toronto embraces Diversity and is building a culture of belonging that increases our capacity to effectively address and serve the interests of our global community. We strongly encourage applications from Indigenous Peoples, Black and racialized persons, women, persons with disabilities, and people of diverse sexual and gender identities. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences, and expertise are essential to strengthening our academic mission.
As part of your application, you will be asked to complete a brief Diversity Survey. This survey is voluntary. Any information directly related to you is confidential and cannot be accessed by search committees or human resources staff. Results will be aggregated for institutional planning purposes. For more information, please see http://uoft.me/UP.

Accessibility Statement

The University strives to be an equitable and inclusive community, and proactively seeks to increase diversity among its community members. Our values regarding equity and diversity are linked with our unwavering commitment to excellence in the pursuit of our academic mission.
The University is committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA). As such, we strive to make our recruitment, assessment and selection processes as accessible as possible and provide accommodations as required for applicants with disabilities.
If you require any accommodations at any point during the application and hiring process, please contact [e-mail].

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