Senior Financial Officer

Job Responsibility:

Date Posted: 03/03/2025 Req ID: 41872 Faculty/Division: UofT Scarborough Department: UTSC:Ofc of the Vice-Prin (Acad) & Dean Campus: University of Toronto Scarborough (UTSC) Position Number: 00048811

Description:

About us: The University of Toronto Scarborough is a place of energy, enthusiasm and passion. Our commitment to inclusive excellence attracts the brightest learners, scholars and employees from around the globe. Our success has been made possible by the opportunity given to us by our Indigenous hosts to operate on their territory, and we cherish our continuing partnerships with these communities. The University of Toronto Scarborough is an exciting campus with unlimited potential. Join us on our journey. The Office of the Vice-Principal Academic and Dean provides leadership in academic programming and services to the campus, ensuring a positive and academically responsive environment to change. Within the broader University community, the Vice-Principal Academic and Dean represents the policies and points of view of U of T Scarborough. Within U of T Scarborough, the Vice-Principal and Dean promotes the teaching, research, and scholarship of the faculty, the career development of the administrative staff, and the over-all well-being of students. This search aligns with the University's commitment to strategically and proactively promote diversity among our community members (Statement on Equity, Diversity & Excellence). Recognizing that Black, Indigenous, and other Racialized communities have experienced inequities that have developed historically and are ongoing, we strongly welcome and encourage candidates from those communities to apply. Your opportunity: Reporting to the Senior Manager, Academic Finance and Administration, the Senior Financial Officer is responsible for overseeing the financial management of budgets that include strategic planning, analysis and forecasting. The incumbent performs a variety of financial functions in the areas of planning and budgeting, and complex financial analyses and financial modeling on a variety of projects. The Senior Financial Officer works collaboratively with the departments within the Dean's portfolio on various financial matters and provides a wide range of financial services to senior academic administrators and staff in the Office of the Vice-Principal Academic and Dean (Office of the Dean).The Senior Financial Officer will also oversee various project budgets of the Office of the Dean as well as various units that report to the Office of the Dean. The incumbent will work closely with various stakeholders to perform a wide range of financial and administrative functions, including but not limited to, preparing annual budgets, forecast, long-range plans, financial reports, analyses, financial transactions and reconciliations. Your responsibilities will include:

• Forecasting, planning and monitoring various units' budget to ensure expenditures remain within budgeted allocations
• Overseeing the financial management of budgets that include strategic planning, analysis and forecasting
• Forecasting and planning financial activities incorporating budgets with multiple sources of revenue and/or recoveries
• Planning and overseeing short and long range activities that support financial administration
• Performing complex financial data modeling and analysis
• Analyzing complex statistical reports and/or financial information for management decision-making
• Advising academic administrators and staff on accounting practices and University financial policies and procedures
• Liaising with internal contacts to resolve accounting, payroll and/or HRIS processing issues

Essential Qualifications:

• Bachelor's Degree in Finance, Accounting or acceptable combination of education and experience. CPA designation or working towards a designation is preferred.
• Minimum of five (5) years in financial analysis, planning and forecasting.
• Thorough knowledge and understanding of university budget process, procurement policies and financial and administrative policies.
• Experience in complex budgeting and analysis, and interpreting and applying policies and procedures, processing financial transactions, generating financial reports from a financial system, reconciling financial information and process improvement.
• Demonstrated experience with HRIS and FIS, or equivalent systems, is required.
• Demonstrated ability to accurately analyze financial information (budget and actual).
• Demonstrated experience in financial management. Strong knowledge of financial accounting, reporting and internal control procedures.
• Demonstrated ability to: apply accounting and budgeting knowledge to resolve financial matters effectively and ability to communicate financial information to individuals with little financial expertise; prepare financial reports and present information in a manner that clearly conveys information to academic leaders and; determine financial impact of both financial and non-financial information.
• Ability to: exercise sound judgement and tact; to work independently with a high degree of initiative, as well as the ability to work collaboratively.
• Strong computer skills with a high level of proficiency in spreadsheet applications and a sound knowledge of word processing software, preferably Excel and Word.
• Superior time management skills, ability to prioritize and bring the appropriate sense of urgency to situations and attentive to detail and accuracy; excellent communication (written and verbal) interpersonal and organizational skills.
• Applicants are also expected to show evidence of a commitment to equity, diversity, inclusion, and the promotion of a respectful and collegial learning and working environment.

Assets (Nonessential):

• Audit experience would be an asset.

To be successful in this role you will be:

• Adaptable
• Diligent
• Motivated self-learner
• Organized
• Responsible
• Team player

Note :

• A full is available upon request from the UTSC HR Office.
• 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: 03/16/2025, 11:59PM ET Employee Group: USW Appointment Type : Budget - Continuing Schedule: Full-Time Pay Scale Group & Hiring Zone: USW Pay Band 15 - $95,627. with an annual step progression to a maximum of $122,290. Pay scale and job class assignment is subject to determination pursuant to the Job Evaluation/Pay Equity Maintenance Protocol. Job Category: Administrative / Managerial 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.