Faculty Financial Analyst

University of Toronto; Toronto; On-site; CAD 93,000 - 120,000; Full time

Job summary

The University of Toronto is seeking a Faculty Financial Analyst to manage financial planning and analysis for the Faculty of OISE. This role requires advanced skills in financial modeling and reporting, as well as broad experience in financial management. The successful candidate will work closely with senior management, utilizing significant analytical skills and attention to detail to inform strategic financial decisions.

Qualifications

• Minimum five years of recent experience in financial accounting.
• Advanced skills with data visualization tools (e.g. Tableau, Power BI).
• Knowledge of university accounting and payroll principles.

Responsibilities

• Overseeing financial management of budgets with strategic planning and forecasting.
• Performing complex financial data modeling and analysis.
• Preparing and delivering financial trend analyses and projections.

Skills

Advanced Excel skills

Data analysis

Financial reporting

Financial modeling

Strategic planning

Interpersonal skills

Education

Bachelor's Degree in Accounting, Statistics or Business Administration

Tools

Tableau

Power BI

Job description

Date Posted: 09/07/2023
Req ID: 31035
Faculty/Division: OISE
Department: Finance
Campus: St. George (Downtown Toronto)
Position Number: 00054407

Description:

About us:

OISE is recognized as a global leader in graduate programs in teaching and learning, continuing teacher education, and education research. As one of the largest and most research-intensive faculties of education in North America, OISE is an integral part of the University of Toronto - Canada’s most dynamic and comprehensive institution of higher learning.

OISE is committed to enhancing the social, economic, political and cultural well-being of individuals and communities locally, nationally and globally through leadership in teaching, research and advocacy. A unique place to work, learn and grow, OISE addresses current and emerging challenges with the scale, academic excellence and collaborativeenergy that few institutions in the world can claim.

Your opportunity:

The Faculty Financial Analyst reports to the Director, Finance and Planning and is responsible for a broad range of duties in support of Faculty planning, reporting and financial management. Responsibilities include the development and preparation of complex financial models, analyses, statements and schedules to facilitate financial reporting, inform senior management in decision-making and long-term planning. The incumbent will budget, forecast, manage, analyse and execute these resources in accordance with University policy and the terms and conditions set by the Faculty.

The incumbent will work closely with the Director to develop the financial models for new academic programs, entrepreneurial activities and will participate in annual budget reviews, factoring in the potential effects of various internal and external factors on revenues and expenses. The individual will summarize and present the results through oral, written and graphical communication to senior leaders who make strategic business decisions.

In performing these responsibilities, the incumbent will engage in a broad range of extensive analyses, prepares financial models and reports using complex worksheets, formulae, and coding. The incumbent will be performing tasks that will require a very high degree of precision and simultaneous attention to many details, such as detailed analysis on special projects, forecasting and analysis of budget information.

Your responsibilities will include:

• Overseeing the financial management of budgets that include strategic planning, analysis and forecasting
• Forecasting, planning and monitoring multiple complex budgets
• Interpreting and applying policies and procedures when making independent decisions
• Forecasting and planning financial activities incorporating budgets with multiple sources of revenue and/or recoveries
• Analyzing and recommending improvements to financial processes and procedures
• Performing complex financial data modeling and analysis
• Preparing and delivering trend analyses and projections to management for financial planning
• Providing advice and data to support the development of business cases and analytics for departmental initiatives

Essential Qualifications:

• Bachelor's Degree in Accounting, Statistics or Business Administration or an acceptable equivalent combination of education and experience. Completion of a recognized professional program (e.g. CPA) would be considered an asset.
• Minimum five years of recent and relevant experience in financial accounting within a complex organization preferably within an educational/University environment.
• Experience in strategic planning and presentation of strategic financial plans.
• Demonstrated advanced experience working with and manipulating large, complex data sets.
• Demonstrated knowledge and experience working with large databases, AMS, and ROSI.
• Experience in finance modeling, budget control, forecasting and the preparation of financial reports and analysis.
• Experience conducting financial trend analysis and proposing effective strategies.
• Experience working with complex spreadsheets, analyzing financial data and statistics and producing complex reports.
• Knowledge of policies and procedures of the University of Toronto or other related educational institutions. Knowledge of accounting and payroll principles.
• Advanced skills with Microsoft Excel using formulas, functions, pivots tables and charts and VBA scripting; Intermediate skills with data visualization tools (e.g. Tableau, Power BI).
• Advanced research and analytical skills required.
• Knowledge and experience in application of cost and financial accounting and payroll principles.
• Excellent verbal and written communication, interpersonal, organizational, analytical, leadership and decision-making skills.
• Ability to translate statistical and analytical results into easily understood terms, clearly organize, and communicate statistical and financial information to non-financial staff and faculty.
• Excellent customer service orientation with a commitment to promoting positive customer relations.
• Demonstrated sound judgement and initiative as well as excellent attention to detail and accuracy. Ability to work both independently as well as collaboratively.
• Ability to manage conflicting priorities. Must exercise sound judgment and initiative in the application of established guidelines and procedures.
• Ability to manage effectively multiple tasks in an environment of constant deadlines and frequently changing priorities. Demonstrated high degree of tact and sensitivity.

To be successful in this role you will be:

• Accountable
• Approachable
• Meticulous
• Motivated self-learner
• Organized

Closing Date: 10/03/2023, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 15 -- $93,752 with an annual step progression to a maximum of $119,892. 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: Jennifer Tucker

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.

About the company

The University of Toronto is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park.

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