Financial Officer Job at University of Toronto
Date Posted: 04/27/2023
Req ID: 30957
Faculty/Division: Faculty of Arts & Science
Department: Dept of Psychology
Campus: St. George (Downtown Toronto)
Position Number: 9073
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.
Your opportunity:
Established in 1927, the Department of Psychology has for over a century been a top choice for those pursuing a career in psychological research. The combined expertise of our faculty spans all major areas of psychology and reflects a wide range of approaches to the study of mind, brain, and behaviour. Our department consists of a diverse and internationally recognized faculty, first-rate laboratory facilities, and a tradition of cutting-edge, collaborative research in an inspiring intellectual atmosphere. We take pride in prevailing as an important department in today’s competitive psychology research and education fields.
Your responsibilities will include:
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. Monitoring, recording, reconciling and/or reporting on funding accounts for grants and contracts.
- Recording detailed transactions for many accounts including payroll and analyzing information to identify spending trends and recommend cost saving measures. Providing advice and data to support the development of business cases and analytics for departmental initiatives. Implementing plans and process improvements for financial administration activities.
- Identifying and resolving individual data anomalies and discrepancies and verifying the accuracy and completeness of information. Entering salary and /or personnel information in HRIS.
- Processing and monitoring payroll and accounts receivable and payables according to the University Guide to Payroll and Financial Management.
- Conducting salary and benefit cost analysis and generating financial reports.
- Keeping well-informed on purchasing and/or procurement policies and procedures. Verifying that provisions of applicable collective agreements and/or policies are applied appropriately.
- Processing and verifying that HRIS transactions are processed according to applicable policies, procedures, collective agreements, and applicable legislated requirements
Essential Qualifications:
Bachelor's degree in business and/or accounting or an or acceptable combination of equivalent experience.- Minimum three years of recent and related financial and administrative experience related to overseeing and monitoring research grants and contracts, preferably in an University environment.
- Demonstrated work experience in aspects of accounting up to and including payroll, monitoring accounts, forecasting, account reconciliation and preparation of financial statements.
- Demonstrated strong knowledge of general accounting principles and procedures.
- Solid work experience interpreting and applying financial policies, granting agencies' funding guidelines and policies, collective agreements and other related policies and agreements.
- Well developed financial forecasting analysis experience.
- Proven experience with compiling, investigating and analyzing financial information as well as making recommendations based on outcome of analysis.
- Demonstrated experience in processing and monitoring payroll and accounts receivable and payables.
- Excellent verbal and written communication skills.
- Highly proficient in using MS Office, with advanced skills in MS Excel
- Advanced experience with the University's Administrative Management Systems (FIS, DIS, RIS and HRIS) or other similar systems
- Excellent organizational and time management skills.
- strong ability to work under pressure and meet multiple deadlines.
- Strong interpersonal and teamwork skills. Ability to work independently with minimal supervision
- strong analytical skills.
- Detailed oriented with demonstrated flexibility and accuracy in performing work.
- Ability to handle matters of a sensitive and confidential nature.
- Shows good judgement and tact.
To be successful in this role you will be:
Accountable- Decisive
- Meticulous
- Organized
- Procedural
- Self-directed
- Team player
This role is currently eligible for a hybrid work arrangement, pursuant to the University policies and guidelines, including but not limited to the University of Toronto's Alternative Work Arrangements Guideline
An internal applicant may ask for a copy of the job description by contacting Administrative HR at adminhr.artsci@utoronto.ca
Closing Date: 05/08/2023, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 11 - $67,659 with an annual step progression to a maximum of $86,523. Pay scale and job class assignment is subject to determination pursuant to the Job Evaluation/Pay Equity Maintenance Protocol.
Job Category: Administrative / Managerial
Recruiter: Ellen Brikaras
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.
Please Note :
clearvoyant.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, clearvoyant.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.