24 Oct
|
University of Toronto
|
Toronto
24 Oct
University of Toronto
Toronto
Select how often (in days) to receive an alert: Date Posted: 10/19/2026 Req ID: 50611 Faculty/Division: VP-People, Finance & Digital Services Department: Capital Accounting Campus:St. George (Downtown Toronto) Position Number: 00000171 Existing Vacancy: Yes 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 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
- 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).
- Robust 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
📌 Intermediate Financial Analyst (Toronto)
🏢 University of Toronto
📍 Toronto