Date Posted: 08/20/2025
Req ID: 44889
Faculty/Division: Faculty of Arts & Science
Department: Office of Budget, Planning and Finance
Campus: St. George (Downtown Toronto)
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.
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.
Your opportunity:
Reporting to the Assistant Director, Finance and Business Planning, the Senior Financial Officer, Financial Analytics plays a critical role in developing and managing complex, multi-resource strategic plans across the Faculty. This includes planning for faculty-wide costs such as space, leases, capital projects, teaching, and operations, as well as supporting existing academic units, new programs, and strategic initiatives—all within the framework of the Faculty of Arts & Sciences budget model.
Key responsibilities include leading the preparation of detailed financial and organizational plans to support senior leadership decision-making; conducting faculty-wide budget reviews and generating complex statistical analyses and user data; Providing ad hoc budget planning support to academic units to strengthen their business operations; overseeing staffresponsible for financial management of faculty-wide accounts, including planning, forecasting, and monitoring; ensuring effective implementation of budgets in alignment with divisional financial frameworks.
The incumbent will regularly engage with senior leadership, department chairs, and directors, offering guidance and mentorship to financial managers across the Faculty. This includes training on budget implementation, new initiatives, and operational best practices. To succeed in this role, the Senior Financial Officer must stay current with institutional policies, procedures, collective agreements, and relevant legislative requirements.
Your responsibilities will include:
- Overseeing the financial management of budgets that include strategic planning, analysis and forecasting beyond a department level
- Forecasting and planning financial activities incorporating budgets with multiple sources of revenue and/or recoveries
- Advising staff on accounting practices and University financial policies and procedures
- Planning and overseeing short and long range activities that support financial administration
- Analyzing financial trends and preparing analytical reports and forecasts for management decision making
- Analyzing complex statistical reports and/or financial information for management decision-making
- Keeping well-informed on changes to policies, procedures, collective agreements, and applicable legislated requirements
- Serving as an expert resource to a group of professionals in the speciality
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.
- Completion of or advanced standing in a recognized professional program (e.g. CPA) is preferred.
- Advanced skills with Microsoft Office 365 (e.g. Word, Excel, PowerPoint, Outlook, Access, SharePoint, Teams).
- Good working knowledge of and proficient skills in data visualization tools (e.g. Tableau).
- Expert knowledge of the University's Financial Information System (FIS), Human Resources Information System (HRIS), and Research Information System (RIS) and/or other related financial systems.
- Demonstrated 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.
- 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.
To be successful in this role you will be:
- Approachable
- Diligent
- Meticulous
- Multi-tasker
- Proactive
- Prudent
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..
Closing Date: 09/02/2025, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 17 -- $109,761. with an annual step progression to a maximum of $140,365. 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.