Chief Financial Officer

University of Toronto; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

A leading educational institution in Toronto is seeking an experienced Chief Financial Officer (CFO). This pivotal role involves leading the financial strategy and reporting, overseeing internal controls, and enhancing financial systems. The ideal candidate will possess an advanced degree and significant leadership experience in financial management, ideally within a university or public sector organization. The position promotes a commitment to equity, diversity, and inclusion, and applications are invited immediately.

Qualifications

• Advanced degree and a relevant accounting designation, or equivalent combination of experience and education.
• Extensive record in senior financial management, preferably in a university or large public sector organization.
• Comprehensive knowledge of financial management, risk management, and reporting processes.

Responsibilities

• Lead the financial strategy, budgeting, and reporting for the University.
• Oversee and strengthen internal controls and compliance frameworks.
• Guide the development of financial information systems and investment management.

Skills

Leadership

Financial management

Risk management

Compliance frameworks

Analytical insight

Education

Advanced degree

Relevant accounting designation

Job description

Position Overview

The University of Toronto invites collaborative, forward‑thinking leaders to shape the future as its next Chief Financial Officer. As part of the President’s leadership team, the CFO directs the vision and mission of the University’s financial management, reporting processes, internal controls, and institutional financial information systems. The CFO leads the Finance Division in modernizing and advancing operating procedures and the technology supporting the delivery of services.

With a team of more than 60 staff across financial services, procurement, and treasury, the CFO delivers broad‑based financial services and initiatives for the University as a whole, adhering to the highest legal, ethical, and professional standards. The CFO team works collaboratively with the campus community and external partners to build business partnerships that support the University’s wide range of activities.

Core Responsibilities

• Lead the financial strategy, budgeting, and reporting for the University, ensuring alignment with institutional priorities.
• Oversee and strengthen internal controls, risk management, and compliance frameworks.
• Guide the development and maintenance of financial information systems and investment management.

Qualifications

• Advanced degree and a relevant accounting designation, or equivalent combination of experience and education.
• Extensive record of exemplary leadership in a senior financial management position, preferably in a university environment or large public sector organization.
• Comprehensive knowledge of financial management, risk management, reporting processes, internal controls, financial resources, and information systems.
• Knowledge of investment management, real‑estate development, debt financing, and emerging financial technologies is desirable.

Desired Competencies

Effective communication with Board and senior leadership; ability to engage teams in a unionized environment; collaborative relationship building; commitment to equity, diversity, and inclusion; analytical insight and integrity.

Application Information

Applications are encouraged immediately and ideally by 01/26/2026. Candidates may contact Olivia Robarts and Krutika Hotwani via the recruitment firm (odgers). Application questions or accommodation requests can be directed to [e-mail].

Diversity Statement

The University embraces diversity and seeks applicants who demonstrate commitment to equity, diversity, and inclusion. Applicants will complete a brief Diversity Survey (voluntary) and information is confidential.

Accessibility Statement

The University is committed to accessibility for all applicants. Please contact [e-mail] for accommodations.