Date Posted: 04/23/2025
Req ID: 42642
Faculty/Division: Faculty of Music
Department: Faculty of Music
Campus: St. George (Downtown Toronto)
Description:
About us:
The Faculty of Music is Canada's largest and most renowned university-based music program for professional musical training, creation, performance, education, and research. Home to a diverse and dynamic community of scholars, performers, composers, and educators, the University of Toronto's Faculty of Music offers a supportive community in one of the world's most diverse and dynamic cities. We provide a superb learning environment, an internationally renowned teaching faculty, multiple performance halls, and an outstanding music library collection. With degrees and diplomas available in numerous areas of study, our array of courses and programs provides our 900 students an exceptional opportunity to explore various fields within music. With over 600 concerts and events annually, the Faculty is an exciting and vibrant place to work, study, and visit.
Our faculty members include musicians who perform on the world's most prestigious stages and record for major labels, scholars who present at leading international conferences and publish with top presses, educators who offer workshops and masterclasses at universities and conservatories worldwide, and composers whose works are performed by renowned ensembles and commissioned by acclaimed musicians and arts organizations.
Your opportunity:
The Faculty of Music is a great place to work. It has a positive energy that comes from faculty, students and staff pursuing their love for and of music. We are small and hard-working team. We love what we do, and we work collaboratively to support our faculty and students in their music-making.
Under the direction of the Finance Director, the Financial Officer will perform a variety of functions that support the financial management of the Faculty of Music, including ensuring all business transactions are aligned with the generally accepted accounting principles, the University’s financial and purchasing guidelines and any related research guidelines associated with research grants.
Related activities include ensuring accurate financial documentation and audit retention, (including payroll); auditing expense reimbursement; and troubleshooting and resolving transaction errors within the University’s financial information system (FIS) and Human Resources Information System (HRIS). The incumbent will work independently to resolve discrepancies and noncompliance issues, escalating to the Director when required. The incumbent will also provide analytical reports for financial planning and decision-making to the Director as needed.
Your responsibilities will include:
- Applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements
- Implementing compliance monitoring functions and/or plans
- Processing payroll
- Monitoring department budget to ensure expenditures remain within budgeted allocations
- Analyzing financial trends and preparing analytical reports and forecasts for management decision making
- Performing complex financial data modeling and analysis
- Verifying that all accounts payable and receivable activities have been accurately processed
Essential Qualifications:
- Bachelor's Degree in accounting/finance or acceptable combination of equivalent experience.
- Minimum of four (4) years of recent financial analysis and processing experience with operating budgets, including at least one (1) year of recent full-cycle payroll processing (hourly, salaried, off-cycle, adjustments, and discrepancy resolution).
- Experience monitoring large operational budgets including reviewing of expenditures and preparing a variety of analytical reports, financial models and forecasts for management decision making.
- Experience performing complex financial data modeling and analysis.
- Experience communicating financial information to non-financial staff at all levels.
- Experience with procurement policies and procedures; including setting up and adjusting purchase orders.
- Experience applying general accounting principles and/or other related financial policies and procedures.
- Experience working with and expert knowledge of the University's Financial Information System (FIS) and Human Resources Information System (HRIS), and/or other equivalent financial and HRIS systems.
- Advanced skills and knowledge of Microsoft Office 365 (e.g. Word, Excel, PowerPoint, Outlook, Access, SharePoint, Teams).
- Sound analytical and problem solving skills.
- Strong attention to detail and accuracy.
- Proven ability to work under pressure and manage competing deadlines and/or priorities.
- Excellent communication skills, both verbal and written.
Assets (Nonessential):
- Experience performing complex data modelling and financial analysis.
- Experience with the financial administration of research grants/restricted funds.
- Working towards accounting designation such as CPA, CGA.
To be successful in this role you will be:
- Accountable
- Diligent
- Meticulous
- Multi-tasker
- Organized
- Problem solver
Closing Date: 05/01/2025, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone: USW Pay Band 13 -- $84,813. with an annual step progression to a maximum of $108,463. 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
This role is currently eligible for a hybrid work arrangement, pursuant to University policies and guidelines, including but not limited to the University of Toronto’s Alternative Work Arrangements Guideline.
