Financial Officer, Business Services
Ontario 6 days ago
Job Description
Date Posted: 07/03/2025
Req ID: 44069
Faculty/Division: Faculty of Arts and Science
Department: Office of Budget, Planning and Finance
Campus:St. George (Downtown Toronto)
Description:
About us:
The Faculty of Arts and 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 and 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 and Science, we take pride in our legacy of innovation and discovery that has changed the way we think about the world.
The Planning, Budget and 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 and S academic administrators and administrative staff.
Your opportunity:
Under the general direction of the Supervisor, Business and Accounting Services, the incumbent is responsible for interim financial management, general administration and business operations of services and support to faculty academic units. The incumbent meets regularly with unit Chairs and Directors, provides business administrative support including accounts payable, procurement and payroll; and prepares the 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.
The Financial Officer, Business Services will serve as a resource to and work closely with financial and business officers in the Faculty to provide formal job:related training and to recommend job:related training and professional development opportunities.
Your responsibilitieswill include:
:Advising staff on accounting practices and University financial policies 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
:Monitoring department budget to ensure expenditures remain within budgeted allocations
:Identifying and resolving individual financial discrepancies
:Applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements
:Serving as a resource on specific issues to a group of specialists
:Providing formal job:related training and recommending training and professional development for appointed staff
Essential Qualifications:
:Bachelors degree in accounting or business administration, or an acceptable equivalent combination of educationand experience.
:Minimum four years of recent and related experience in administrative and financial management, preferably in a post:secondary education institution.
:Experience with financial and procurement policies and procedures of theUniversity of Toronto and their application.
:Experience working with a SAP based system. Knowledge of the University's Financial Information System (FIS) and Human Resources Information System (HRIS) or other related financial
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