Intermediate Financial Analyst
$101.24k per yearUniversity of Toronto
Description:
About us:
Financial Services is a department within the Vice President - People, Finance and Digital Services portfolio which supports the academic goals and objectives of the University through excellent financial management, and effective and appropriate use of all financial resources (operating, research, trust and capital funds). The University’s decentralized management model places financial management responsibility within every division of the University as well as within Financial Services. The major long-term priority for the office includes:
• to meet legislative, regulatory and reporting requirements for financial activities;
• to direct and manage key activities with the external financial community on behalf of the University (e.g. banking, treasury);
• to efficiently and effectively deliver core services to divisions that are provided centrally by Financial Services
Your Opportunity:
The Financial Services Department (FSD) provides financial expertise to the University’s community. Comprised of a group of accounting professionals, the FSD office is focused on financial reporting and the University Guide to Financial Management policy compliance. As the Intermediate Financial Analyst, you will perform a broad range of duties including financial reporting, analysis and financial management. You will foster strong working relationships with stakeholders and leverage your analytical skills to synthesize information, uncover trends, and deliver insights to optimize internal processes and improve decision-making.
Your Responsibilities will include:
• Overseeing the financial management of budgets that include strategic planning, analysis and forecasting.
• Overseeing, analyzing and forecasting revenue-generating activities.
• Advising staff on accounting practices and University financial policies and procedures.
• Interpreting and applying policies and procedures when making independent decisions.
• Making recommendations on budget allocations involving multiple sources of revenue and recoveries
• Forecasting and planning financial activities incorporating budgets with multiple sources of revenue and/or recoveries.
• Transferring funds and expenditures within the context of an overall plan.
• Implementing plans and process improvements for financial administration activities.
• Monitoring, recording, reconciling and/or reporting on funding accounts for grants and contracts. Identifying and resolving individual financial discrepancies.
• Applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements.
• Acting as a first point of contact for internal and external auditors. Providing detailed information regarding the auditors' final report.
• Performing complex financial data modeling and analysis.
• Conducting financial research and analysis.
• Identifying and analyzing data discrepancies and taking necessary actions to correct errors.
• Handling sensitive and/or confidential information.
• Keeping well-informed on changes to policies, procedures, collective agreements, and applicable legislated requirements.
• Reviewing asset purchase expenses and determines proper accounting treatment according to the University financial policies and Canadian Accounting Standards.
• Reconciling conference fund accounts
• Preparing government reports such as Statistics Canada report and Council of Ontario Finance Officers Financial report
Essential Qualifications:
• Bachelor's Degree with focus in accounting, advanced standing in a recognized accounting program or equivalent combination of education and experience
• Minimum five years’ related financial experience in accounting, modeling, analysis, and financial reporting, in a University or similar public sector environment.
• Experience in capital project management and knowledge of construction industry.
• Hands-on experience in preparing financial statements.
• Skilled in maintaining complex financial models.
• Proven ability to conduct financial research and present findings effectively.
• Demonstrated success in introducing innovative solutions and processes to improve efficiencies in financial management.
• Successful track record of providing support and consultation to various stakeholders.
• Advanced proficiency with MS Office Suite, including expert knowledge of MS Excel and Financial Information System (FIS).
• Strong written and oral communication skills.
• Demonstrated ability to apply knowledge of accounting principles.
• Highly attentive to detail and accuracy.
• Demonstrated ability to organize and execute complex projects and manage conflicting priorities within established timelines.
• Ability to work independently as well as a collaborative team member in a multi-stakeholder environment.
• Ability to exercise sound judgment, respect matters of a sensitive nature, and maintain confidentiality.
• Strong organizational skills
NOTE: This position is 70% on site.
Closing Date: 11/02/2026, 11:59PM ET
Employee Group: USW
Appointment Type : Budget - Continuing
Schedule: Full-Time NOTE: This position is 70% on site.
Pay Scale Group & Hiring Zone:
USW Pay Band 15 -- $101,242 with an annual step progression to a maximum of $129,471. 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
Divisional HR Office Email: View email address on jobs.utoronto.ca
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.
Job descriptions are available upon request for internal applicants.
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