Financial Officer, Business Services - Toronto, Canada - University of Toronto

University of Toronto

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Date Posted:04/13/2023

Req ID: 30752

Faculty/Division:
Faculty of Arts & Science

Department:

ARTSC:
Ofc of the Dean

Campus:
St. George (Downtown Toronto)

Position Number:

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.

The Planning, Budget & Finance Office provides strategic and operational advice on the financial and budget management of the Faculty, as well as internal institutional and Faculty research data and business support services to all of the Faculty's units.

The Office models, plans, and implements the Faculty's operating budget and provides Faculty-wide support and advice on the management of research, restricted and trust funds; financial analyses and forecasting; strategic planning and budget analysis; policy compliance and develops and delivers finance and business training seminars for A&S academic administrators and administrative staff.

Your opportunity:

Under the general direction of the Senior Faculty Financial Officer, the incumbent is responsible for interim financial management, general administration and business operations of services and support to faculty academic units.

The incumbent meets regularly with unit Chairs and Directors, provides business administrative support including accounts payable, procurement and payroll; and prepares the forecast and budget plans.

The incumbent ensures that business transactions are aligned with the general accepted accounting principles, the University's financial and purchasing guidelines, as well as the Faculty's funding rules.

The Financial Officer, Business Services will serve as a resource to and work closely with financial and business officers in the Faculty to provide formal job-related training and to recommend job-related training and professional development opportunities.

Your responsibilities will include:

Advising staff on accounting practices and University financial policies and procedures
Forecasting and planning financial activities incorporating budgets with multiple sources of revenue and/or recoveries
Monitoring department budget to ensure expenditures remain within budgeted allocations
Identifying and resolving individual financial discrepancies
Serving as a resource on specific issues to a group of specialists
Providing formal jobrelated training and recommendingtraining and professional development for appointed staff

Essential Qualifications:

Bachelor's degree in accounting or business administration, or an acceptable equivalent combination of education and experience.
Minimum four years of recent and related experience in administrative and financial management, preferably in a postsecondary education institution.
Experience working with a SAP based system. Knowledge of the University's Financial Information System (FIS) and Human Resources Information System (HRIS) or other related financial and payroll systems.
Knowledge of and experience with interpreting policies and procedures of the University of Toronto or other related educational institutions.
Experience in finance modeling, budget control, forecasting and the preparation of financial reports and analysis.
Experience providing formal jobrelated training to others.
Analytical ability and aptitude for numbers, details and follow through.
Excellent communication (oral and written) skills.
Advanced organizational and planning skills.
Ability to manage conflicting priorities, multitask, and have excellent attention to detail and accuracy.
Ability to work with complex and/ or technical information (e.g. grants, statistical information, financial statements, donor reports).
Advanced skills with Microsoft Office 365 (e.g. Word, PowerPoint, Outlook, Access, SharePoint, Teams).
Demonstrated strong client service orientation.

Assets (Nonessential):