Financial Officer, Financial & Business Planning

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

Job summary

A leading Canadian university seeks a Financial Officer for its Faculty of Arts & Science. This role involves managing budgets, financial reporting, and providing strategic financial analysis. The ideal candidate has a bachelor's degree in Accounting or Business Administration and at least five years of experience in financial management, preferably in an academic setting. This is a full-time position with a competitive salary and benefits.

Benefits

Competitive salary

Annual step progression

Comprehensive benefits package

Qualifications

• Minimum five years of administrative and financial management experience.
• Completion of a recognized professional program (e.g. CPA) is preferred.
• Experience with financial and procurement policies of the University of Toronto.

Responsibilities

• Overseeing the financial management of budgets.
• Planning financial activities incorporating multiple sources of revenue.
• Preparing and delivering financial projections to management.

Skills

Financial modeling

Budget control

Forecasting

Data visualization tools

Microsoft Office 365

Client service orientation

Education

Bachelor's Degree in Accounting or Business Administration

Tools

Microsoft Excel

Tableau

University's Financial Information System (FIS)

Job description

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.

Your opportunity

The Financial Officer, Financial & Business Planning is responsible for a broad range of duties in support of Faculty planning, reporting and financial management. Reporting to the Senior Financial Officer, Analytics responsibilities will 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 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 will budget, forecast, manage, analyze and execute these resources in accordance with University policy and the terms and conditions set by the Faculty.

Your responsibilities will include

• Overseeing the financial management of budgets that include strategic planning, analysis and forecasting
• Planning and overseeing short and long range activities that support financial administration
• Forecasting and planning financial activities incorporating budgets with multiple sources of revenue and/or recoveries
• Making recommendations on budget allocations involving multiple sources of revenue and/or recoveries
• Transferring funds and expenditures within the context of an overall plan
• Applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements
• Preparing and delivering trend analyses and projections to management for financial planning
• Performing complex financial data modeling and analysis

Essential Qualifications

• Bachelor's Degree in Accounting or Business Administration, or an acceptable equivalent combination of education and experience. Completion of a recognized professional 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 in finance modeling, budget control, forecasting and the preparation of financial reports and analysis.
• Experience conducting financial trend analysis and proposing effective strategies.
• Experience with financial and procurement policies and procedures of the University of Toronto and their application.
• 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.
• Experience with University budget, financial and administrative policies, procedures and guidelines.
• Advanced skills with Microsoft Office 365 (e.g. Word, Excel, PowerPoint, Outlook, Access, SharePoint, Teams).
• Good working knowledge of data visualization tools (e.g. Tableau).
• Expert knowledge of the University's Financial InformationSystem (FIS) and/or other related financial systems.
• 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.

Closing Date: 11/24/2025, 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 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].