Financial Advisor

Toronto Metropolitan University; Toronto; Hybrid; CAD 83,751 - 106,093; Full time

Benefits offered by this job

Hybrid work environment

Commitment to equity and inclusion

Job summary

A leading academic institution in Canada seeks a Financial Advisor to provide strategic financial and business advisory support to various departments. This hybrid position requires a post-secondary degree and at least 5 years of experience in financial management. Responsibilities include preparing reports, offering training on financial management, and ensuring financial integrity across funding sources. The role emphasizes the importance of exceptional problem-solving and interpersonal skills. Salary ranges from $83,751.22 to $106,093.51, making it a rewarding opportunity for qualified candidates.

Qualifications

• Minimum of 5 years’ experience in a post-secondary environment.
• Demonstrated understanding of financial budgeting systems and related policies.
• Solid understanding of all functions in a financial environment.
• Experience with automated accounting and budgeting systems.
• Demonstrated experience with non-research project accounting practices.

Responsibilities

• Act as a liaison between client departments and Financial Services.
• Provide strategic financial and business advisory support.
• Prepare timely and accurate financial reports.
• Design and conduct training on budget/financial management.
• Provide high-level financial monitoring and variance analysis.

Skills

Financial budgeting systems

Exceptional problem solving skills

Interpersonal skills

Google Workspace

MS Office Suite

Communication skills

Education

Post-secondary degree in Business Management, Accounting, or Finance

3rd level of a recognized accounting designation

Tools

Oracle Government Financials

Job description

About Toronto Metropolitan

At the intersection of mind and action, Toronto Metropolitan University (TMU) is on a transformative path to become Canada’s leading comprehensive innovation university. Integral to this path is the placement of equity, diversity and inclusion as fundamental to our institutional culture. Our current academic plan outlines each as core values and we work to embed them in all that we do.

TMU welcomes those who have demonstrated a commitment to upholding the values of equity, diversity, and inclusion and will assist us in realizing the benefits of embedding these values into the work at every level and in every unit of the university. In addition, to correct the conditions of disadvantage in employment in Canada and to bring lived experiences to the work, we encourage applications from members of equity deserving groups that have been historically disadvantaged and marginalized, including First Nations, Métis and Inuit Peoples in Canada, First Nations Peoples in the United States, racialized people, Black people, persons with disabilities, women, and 2SLGBTQ+ people. Preference will be given to candidates with lived experiences as people from equity deserving groups, as well as experience working with these communities with which the University works every day. Please note that all qualified candidates are encouraged to apply and we welcome newcomers and immigrants to Canada.

In April 2022, the university announced its new name of Toronto Metropolitan University. Learn more about our next chapter.

About Financial Services

The Financial Services division is responsible for accounting and reporting on the financial transactions of the University including specifically accounting, treasury, procurement and payables, collection services, financial systems and training and providing excellent client service, advising and assisting departments on research, budgetary and financial matters, policies and processes. We support the University by managing its financial affairs in an efficient, innovative and professional manner. We are dedicated to providing leadership, information, training, support and advice.

Client Advisory Services

The Client Advisory Services unit is a key part of this division. Their mission is to:

• Assist in the financial management of the University Budget
• Advise departments on financial matters, policies and processes
• Providing training to financial personnel in units on budget management

The Opportunity

The Financial Advisor will act as a liaison between client departments and Financial Services. The Financial Advisor provides strategic financial and business advisory support to departments, applying best practices to manage budgets across all funding sources. Prepares timely and accurate financial reports for internal and external stakeholders in accordance with executed agreements and contracts, and exercises sound professional judgment to advise on key financial risks and opportunities within assigned portfolios. Additionally, the Financial Advisor will design, develop and conduct training on budget/financial management and policies and provide strategic advice on fund management on all non research cost centres related to the client. Lastly, the Advisor provides high level financial monitoring and variance analysis of funds through regular financial status updates with departments to assist with ensuring financial integrity and overall financial performance of the university.

Qualifications

To help us learn more about you, please provide a cover letter and resume describing how you meet the following required qualifications:

• Completion of post‑secondary degree in Business Management, Accounting and/or Finance; successful completion of the 3rd level of a recognized accounting designation
• Minimum of 5 years’ experience preferably in a post secondary environment with the following requirements:
  • Demonstrated understanding of financial budgeting systems, and related policies, processes and procedures;
  • Solid understanding of all functions and services in a financial environment including Accounts Payable, Accounts Receivable, Human Resources, Payroll, and Federal/Provincial programs/guidelines and other funding agencies; Advanced accounting skills including knowledge of accounting standards proposed by CPA Canada, fund accounting, accruals, deferrals, etc. as it relates to a non‑profit environment.
  • Relevant, progressive experience using automated accounting and budgeting systems and experience working in an automated financial services department
  • Demonstrated experience working with non‑research project accounting practices to collaborate with University, government and non‑government requirements and policies
• An equivalent combination of education and experience may be considered.
• Exceptional problem solving skills and excellent interpersonal skills
• Demonstrated experience with Google Workspace (Gmail, Docs, Spreadsheet, Slides) and MS Office Suite (Word, Excel, Powerpoint) and familiarity with understanding of major business processes softwares ie. ERP systems such as Oracle Government Financials
• Strong oral and written communication skills
• Strong interpersonal relationship skills to build strong partnerships and relationships with key stakeholders within the organization.
• A commitment to customer service to staff, faculty and students

Additional Information

Position Number(s): 20005536

Reports To: Manager, Financial Advisory Services

Department: Financial Services

Employee Group: OPSEU

Vacancy Type: Term

Work Location: Hybrid (2 to 3 days in‑person/onsite and remaining days working remotely, based on operational requirements and subject to change)

Start Date: ASAP

End Date: 1 year from start date

Hours of Work: 36.25

Grade: 13

Salary Scale: $83,751.22‑106,093.51 (Target Hiring Salary Min: $83,751.22 up to Step 3: $91,517.21)

As part of the selection process, candidates may be required to complete an occupational assessment. Applications will only be accepted online through Toronto Metropolitan University's career site.

Toronto Metropolitan University is committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA), and aims to ensure that independence, dignity, integration and equality of opportunity are embedded in all aspects of the university culture.

We will provide an accessible experience for applicants, students, employees, and members of the Toronto Metropolitan University community. We are committed to providing an inclusive and barrier‑free work environment, beginning with the recruitment process. If you have restrictions that need to be accommodated to fully participate in any phase of the recruitment process, please contact [e-mail]. All information received in relation to accommodation will be kept confidential.