Financial Administrator
Ontario 1 month ago
Job Description
Date Posted: 06/09/2025
Req ID: 43381
Faculty/Division: University of Toronto Scarborough
Department: UTSC:Department:Management
Campus:University of Toronto Scarborough (UTSC)
Position Number:
About us:
The University of Toronto Scarborough is a place of energy, enthusiasm and passion. Our commitment to inclusive excellence attracts the brightest learners, scholars and employees from around the globe. Our success has been made possible by the opportunity given to us by our Indigenous hosts to operate on their territory, and we cherish our continuing partnerships with these communities. The University of Toronto Scarborough is an exciting campus with unlimited potential. Join us on our journey.
UTSC Management is a world leader in providing business education that is heavily influenced by experiential learning and internationalization. The goal of UTSC Management is to create opportunities for our students to learn and experience leadership by applying the latest management theory to real:world problems both inside and outside the classroom.
This search aligns with the University's commitment to strategically and proactively promote diversity among our community members (Statement on Equity, Diversity and Excellence). Recognizing that Black, Indigenous, and other Racialized communities have experienced inequities that have developed historically and are ongoing, we strongly welcome and encourage candidates from those communities .
Your opportunity:
Under the general direction of the Assistant Director, Operations and Finance, the Financial Administrator is responsible for a variety of finance and accounting assignments within the Department of Management. The incumbent is responsible for general accounting, analysis and financial reporting as well as the administration of research funds and purchasing activities for the Department. The incumbent is responsible for monitoring project and program accounts, reconciling accounts, recording detailed transactions, including payroll, for many accounts, including payroll, identifying and analyzing data discrepancies and taking necessary actions to correct errors, generating standard financial reports, providing advice and data to support the development of business cases and analytics for departmental initiatives, analyzing processes and recommending changes based on understanding of financial priorities, preparing budget variance reports and monitoring, recording, reconciling and/or reporting on funding accounts for research agreements.
The incumbent works closely with the Assistant Director and faculty to ensure business transactions are aligned with generally accepted accounting principles, the University's financial, research and purchasing policies and guidelines. The incumbent brings a strong understanding of financial management, analysis and auditing, and a high degree of professionalism and customer service to facilitate the achievement of departmental goals.
Your responsibilities will include:
:Monitoring, recording, reconciling and/or reporting on funding accounts for research and other funding agreements, various business areas, projects and/or programs
:Identifying and analyzing data discrepancies and taking necessary actions to correct errors
:Generating standard financial reports, including preparing budget, forecast and budget variance reports
:Preparing, auditing, and reconciling expense reimbursements and facilitating spending approvals
:Analyzing processes and recommending changes based on understanding of financial priorities
:Liaising with internal and external contacts to facilitate purchasing and/or procurement processes
: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
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