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Financial Officer (TERM)

University of Toronto

Toronto

On-site

CAD 76,000 - 98,000

Full time

Today
Be an early applicant

Job summary

A leading educational institution is seeking a finance professional to support faculty and department finances. The role involves managing financial reports, budgeting, and payroll processing. Ideal candidates will have a Bachelor's degree and experience in financial administration, particularly in an academic setting. This position offers a full-time term appointment with competitive pay and opportunities for career advancement.

Qualifications

  • Minimum three (3) years of relevant experience in a responsible financial role.
  • Experience with financial administration of research grants.
  • Excellent interpersonal skills and a team player.

Responsibilities

  • Forecasting and planning financial activities incorporating budgets.
  • Monitoring, recording, and reconciling funding accounts.
  • Processing financial and payroll transactions.

Skills

Financial administration
Communication skills
Attention to detail
Organizational skills

Education

Bachelor's Degree in Business Administration, Finance or Accounting

Tools

SAP-based system
MS Office Suite
Financial Information Systems
Human Resources Information Systems
Job description
Overview

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 legacy of innovation and discovery that has changed the way we think about the world.

The Department of History is one of the largest history departments in North America and is internationally renowned. Ranked sixth among public universities worldwide and fourth in North America, we are home to a critical mass of expertise. The department offers exciting opportunities to interpret the past and examine its significance through research, education and life-long learning. It provides an opportunity for individuals interested in being active in local, national and international research and public affairs to bring unique perspective to important events.

Your opportunity: Reporting to the Department Manager, the successful incumbent supports faculty and department finances in multiple areas, such as information collection, generating financial reports and budgeting in accordance with University’s GTFM and other applicable regulatory requirements. The incumbent serves as the first point of contact to department faculty in administration of research grants and conference accounts through the preparation and processing of a variety of financial documents such as expense reimbursements, invoice payments, budget transfers, etc. The incumbent also supports payroll processing by requesting, verifying and entering payroll information into HRIS for a variety of employee groups and completing monthly reconciliations to ensure accuracy and completeness.

Your responsibilities
  • Forecasting and planning financial activities incorporating budgets with multiple sources of revenue and/or recoveries
  • Monitoring, recording, reconciling and/or reporting on funding accounts for grants and contracts
  • Analyzing information to identify spending trends and recommend cost saving measures
  • Processing financial and payroll transactions
  • Verifying that HRIS transactions are processed according to applicable policies, procedures, collective agreements, and applicable legislated requirements
  • Applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements
Essential Qualifications
  • Bachelor's Degree or acceptable combination of equivalent experience in Business Administration, Finance or Accounting
  • Minimum three (3) years of relevant experience in a responsible financial role, including experience with financial administration of research grants and financial reporting, preferably in an academic environment
  • Experience processing financial and payroll transactions in SAP-based system
  • Experience providing cost-saving recommendations, and implementing plans and process improvements
  • Demonstrated knowledge of financial management procedures, and policies pertaining to funding agencies and academic institutions
  • Advanced proficiency with MS Office Suite, financial information systems (FIS) and human resources information systems (HRIS)
  • Excellent communications skills, both written and verbal
  • Strong interpersonal skills, including the ability to exercise good judgment in dealing with faculty, and staff and can work in a team environment
  • Excellent attention to detail and accuracy, and solid organizational and problem-solving skills
  • Demonstrated ability to meet deadlines and manage competing priorities
  • Ability to work independently and as a member of a team
To be successful in this role you will be

Closing Date: 10/15/2025, 11:59PM ET

Employee Group: USW

Appointment Type: Budget - Term

Schedule: Full-Time

Pay Scale Group & Hiring Zone: USW Pay Band 11 -- $76,577. with an annual step progression to a maximum of $97,928. 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

Equity, Diversity & Accessibility

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.

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 uoft.careers@utoronto.ca.

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