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Director, Financial Services

$120.5k - $200.83k per year

University of Toronto

About Us:

The Leslie Dan Faculty of Pharmacy at the University of Toronto is Canada’s top faculty of pharmacy and ranked among the top in the world. We bring together Canada’s leading scientists, researchers, and educators in the heart of Toronto’s innovation and health research ecosystem. We advance professional pharmacy practice and pharmaceutical science through world-leading education and research and are recognized worldwide for our outstanding scholarship, ingenuity, creativity, and impact.

Our faculty, students, staff, and alumni come together to create a vibrant, collaborative environment rich with possibilities. We are at the forefront of redefining pharmacy’s impact in health care and developing the capacity of pharmaceutical science to pinpoint better therapeutic targets, create new ways of building medications, and ensure medication use is safe and effective. We are committed to achieving inclusive excellence and fostering an environment where each member of our community can achieve their full potential.

Learn more:

Position Description:

Under the general direction of the Chief Administrative Officer (CAO), the Director, Financial Services, is responsible for the effective and efficient utilization of the Faculty’s financial resources. The incumbent provides leadership in managing and overseeing all aspects of the financial administration for the Faculty including accounts payable, accounts receivable, purchasing, financial accounting and budget planning, internal auditing, financial reporting, contract management and the design and implementation of proper financial controls to ensure financial integrity is maintained at all times.

The incumbent provides expertise on all financial matters to the CAO and the Dean, associate deans, senior administrations, directors, faculty, and staff and is a key partner in the achievement of the Faculty’s long-term strategic financial goals and objectives.

In partnerships with the CAO, the Director, Financial Services, provides strategic financial leadership to support institutional planning and decision-making. This includes leading complex financial modelling, multi-year revenue and expenditure forecasting, enrolment-based financial analysis, and the preparation of financial information supporting the University’s Annual Budget Review (ABR) process and other strategic planning initiatives.

Under the direction of the CAO, the Director, Financial Services, leads the Faculty’s integrated financial planning, budgeting, forecasting and financial reporting functions. The incumbent develops sophisticated financial models to support strategic decision-making, including operating budgets, salary projections, non-salary expenditure forecasts, tuition revenue modelling, government operating grant projections, enrolment scenario modelling and long-range financial sustainability analyses.

The Director, Financial Services, is responsible for fostering strong relationships with a variety of foundations, government agencies, and donors that fund various academic and clinical programs within the Faculty. The incumbent is responsible for the overall financial management of these funds including preparing funding reports for program directors to provide to the funding agencies.

The Director, Financial Services is responsible for managing his/her direct reports in the Finance Office and provides them with training, mentoring, coaching, and performance management as required.

The Director, Financial Services provides Faculty-level financial advice, review and support for Faculty-operated business enterprises, including Discovery Pharmacy. For Discovery Pharmacy, the incumbent works closely with the Executive Director of the Discovery Pharmacy to review financial performance and quarterly financial reporting, provide subject matter expertise on complex financial and accounting matters, support the resolution of financial issues, and advise on financial controls, risk and long-term sustainability. Operational accountability for Discovery Pharmacy’s financial management, financial records, reconciliations and preparation of financial statements rests with the Executive Director of Discovery Pharmacy. The Director, Financial Services serves as Co-Chair of the Discovery Pharmacy Finance Committee (with approval of the Discovery Pharmacy Board) and provides financial expertise to support the Committee’s governance and oversight responsibilities.

The incumbent liaises with senior administrators and fellow financial officers centrally and across the University to share information and respond to requests and complex financial inquiries.

Qualifications Required:

Education:

University degree in business/commerce/accounting with a recognized professional accounting designation such as CMA, CGA, CPA or an equivalent combination of education and experience.

Experience:

Minimum five (5) years of related experience in a financial management position, preferably in a post-secondary environment or large public sector organization; Expertise in budget planning, financial management and control, as well as administration of budget and financial resources; Experience in the application of sound financial principles and practices; Proven experience in human resources management in a unionized environment; Experience with FIS, HRIS, and AMS an asset. Demonstrated experience developing complex financial models, multi-year budget forecasts, revenue projections, and executive-level financial analyses to support strategic planning.

Skills:

Excellent financial management, organizational, and analytical skills; Excellent communication skills; Strong leadership and conflict resolutions skills; Strong problem solving and decision-making skills; Superior planning, budgeting and project management skills; Strong computer skills with advanced proficiency in Word, Excel and Power Point.

Other:

Proven ability to think strategically/see the big picture, build effective teams and work effectively with people at all levels of the organization, work independently as well as part of a team, and ability to be self-directed and take initiative; A collaborative and consultative management style as well as the ability to foster and maintain effective relationships with faculty, staff, students, senior administrators, and external constituents; Ability to solve problems in a creative and effective manner, multi-task and manage conflicting priorities and deadlines, and ability to execute and complete tasks under pressure and within timelines; Keen attention to detail and accuracy; Capacity to understand and work with the unique challenges and opportunities presented by a growing professional school with strong ties to the healthcare industry; Proven ability to maintain confidentiality and exercise discretion, tact, and good judgment at all times.

Closing Date: 09/22/2026, 11:59PM ET
Employee Group: Salaried
Personnel Subarea: PM
Appointment Type : Budget - Continuing
Schedule: Full-Time. Work extended hours as a result of strict deadlines (e.g. month-end reporting, project deliverables, etc.), which includes weekends, evenings, and/or holidays, on a weekly basis for 5 hours or more. There is also a requirement to be on-call outside regular working hours (e.g. evenings and weekends) in case of critical deadlines and emergencies.
Pay Scale Group & Hiring Zone:  PM 5 -- Hiring Zone: $120,499 - $140,583 -- Broadband Salary Range: $120,499 - $200,831
Job Category: Finance/Budget/Planning/Audit

Vacancy posted 2 days ago
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