Financial Officer, Business Administration & Finance

University of Toronto; Toronto; On-site; CAD 97,000 - 125,000; Full time

Job summary

A leading Canadian university in Toronto is seeking a Financial Officer to oversee the financial management of administrative units. The role involves strategic planning, budget analysis, and advising staff on financial policies. Candidates should have a Bachelor’s in Accounting or Business Administration and five years of relevant experience. The position offers career progression in a dynamic academic environment.

Qualifications

• Minimum five years of administrative and financial management experience.
• Experience with financial and procurement policies of the University.
• Demonstrated experience with preparing and analyzing complex budgets.

Responsibilities

• Overseeing the financial management of budgets, including strategic planning and analysis.
• Advising staff on accounting practices and University financial policies.
• Forecasting and planning financial activities incorporating budgets from multiple sources.

Skills

Advanced skills with Microsoft Office

Excellent oral and written communication skills

Strong client service orientation

Ability to manage conflicting priorities

Education

Bachelor's Degree in Accounting or Business Administration

Tools

Tableau

University's Financial Information System (FIS)

Job description

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Financial Officer, Business Administration & Finance

Date Posted: 08/06/2025
Req ID: 44638
Faculty/Division: Faculty of Arts & Science
Department: Office of Budget, Planning and Finance
Campus:St. George (Downtown Toronto)

Description:

About us:

The Faculty of Arts & Science is the heart of Canada’s leading university and one of the most comprehensive and diverse academic divisions in the world. The strength of Arts & Science derives from our combined teaching and research excellence in the humanities, sciences and social sciences across 29 departments, seven colleges and 46 interdisciplinary centres, institutes and programs.

We can only realize our mission with the dedication and excellence of engaged staff and faculty. The diversity of opportunities and perspectives within the Faculty reflect the local and global landscape and the need for curiosity, innovative thinking and collaboration. At Arts & Science, we take pride in our legacyof innovation and discovery that has changed the way we think about the world.

The Planning, Budget & Finance Office provides strategic and operational advice on the financial and budget management of the Faculty, as well as internal institutional and Faculty research data and business support services to all of the Faculty’s units. The Office models, plans, and implements the Faculty’s operating budget and provides Faculty-wide support and advice on the management of research, restricted and trust funds; financial analyses and forecasting; strategic planning and budget analysis; policy compliance and develops and delivers finance and business training seminars for A&S academic administrators and administrative staff.

Your opportunity:

Under the general direction of the Senior Faculty Financial Officer, the incumbent is responsible for the business administration and financial management of the administrative units within the Dean's Office, as well as faculty academic units managed by the Finance Office. The incumbent meets regularly with unit Chairs and Directors, provides business administrative and financial support including procurement; and takes the lead in the development of forecast and budget plans. The incumbent ensures that business transactions are aligned with the general accepted accounting principles, the University’s financial and purchasing guidelines, as well as the Faculty’s funding rules.

Your responsibilities will include:

• Overseeing the financial management of budgets that include strategic planning, analysis and forecasting;
• Advising staff and clients on accounting practices and University financialpolicies and procedures;
• 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 complex statistical reports and/or financial information for management decision-making;
• Keeping well-informed on changes to policies, procedures, collective agreements, and applicable legislated requirements, and implements the roll outof changes;Develops standard operating procedures and implements plans and process improvements for financial administrative activities;
• Determining the required procurement process based on needs;
• Serving as a resource on specific issuesto a group of specialists.

Essential Qualifications:

• Bachelor's Degree in Accounting or Business Administration, or an acceptable equivalent combination of education and experience. Completion of a recognizedprofessional program (e.g. CPA) is preferred.
• Minimum five (5) years of administrative and financial management experience, preferably in a university/higher education setting, with an emphasis on accounting and auditing.
• Experience with financial and procurement policies and procedures of the University of Toronto and their application.
• Experience with University budget, financial and administrative policies is required.
• Demonstrated experience and full knowledge of general accounting principles, collective agreements or other related financial policies and procedures.
• Experience with preparing and analyzing complex budgets and forecasts.
• Demonstrated experience with financial reporting, payroll, purchasing and lease agreements, and internal control principles.
• Advanced skills with Microsoft Office (e.g. Word, Excel, Outlook, Access).
• Good working knowledge of data visualization tools (e.g. Tableau).
• Expert knowledge of the University's Financial Information System (FIS), Human Resources Information System (HRIS), and Research Information System (RIS) and/or other related financial systems.
• Excellent knowledge of general accepted accounting principles, collective agreements or other related financial policies and procedures.
• High level of initiative and ability to organize and communicate statistical and financial information to non-financial staff and faculty at all levels.
• Excellent oral and written communication, interpersonal, organizational, analytical, leadership and decision-making skills.
• Demonstrated strong client service orientation.
• Ability to manage conflicting priorities, multi-task, and have excellent attention to detail and accuracy.
• Ability to maintain confidentiality.

Assets (Nonessential):

• Financial and administrative experience with the Faculty of Arts and Science.

To be successful in this role you will be:

Closing Date: 08/19/2025, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 15 -- $97,348. with an annual step progression to a maximum of $124,491. 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

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.

Diversity Statement

The University of Toronto embraces Diversity and is building aculture of belonging that increases our capacity to effectivelyaddress and serve the interests of our global community. Westrongly encourage applications from Indigenous Peoples,Black and racialized persons, women, persons withdisabilities, and people of diverse sexual and gender identities.We value applicants who have demonstrated a commitment toequity, diversity and inclusion and recognize that diverseperspectives, experiences, and expertise are essential tostrengthening 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 seehttp://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 [e-mail] .