Financial Officer

4 weeks ago

Mississauga, Canada University of Toronto Full time

**Date Posted**:06/20/2023
**Req ID**: 32126
**Faculty/Division**: UofT Mississauga
**Department**: Budget, Planning & Finance
**Campus**: University of Toronto Mississauga (UTM)
**Position Number**: 00028793

**Description**:
**About us**:
Established in 1967, the University of Toronto Mississauga is the second-largest division of U of T (Canada’s largest university), numbering 14,000 undergraduate students, 682 graduate students, over 2,500 full
- and part-time employees (including 857 permanent faculty and staff) as well as over 54,000 alumni.

The campus is situated on 225 acres of protected greenbelt along the Credit River, 33 kilometres west of the university’s St. Georgecampus in Toronto.

U of T Mississauga has 17 distinct academic departments, 156 programs and 92 areas of study, and includes the Institute for Management & Innovation and Centre for South Asian Civilizations. The Mississauga Academy of Medicine is located on campus in the Terrence Donnelly Health Sciences Complex.

**Your opportunity**:
As a Financial Officer, you will be joining a team of Finance experts at Budget, Planning and Finance to provide the U of T Mississauga community with assistance and information on all aspects of finance, budgeting, financial systems and accounting. The U of T Mississauga community will trust you to be their true partner in all things Finance.

**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
- Planning and administering expenditures for operating budget
- Monitoring department budget to ensure expenditures remain within budgeted allocations
- Monitoring, recording, reconciling and/or reporting on fundingaccounts for grants and contracts
- Recording detailed transactions for many accounts including payroll
- Identifying and resolving individual financial discrepancies
- Analyzing complex statistical reports and/or financial information for management decision-making

**Essential Qualifications**:

- Minimum four (4) years of work experience in an accounting position.
- Demonstrated knowledge of advanced management accounting, advanced financial accounting, statistics, business finance, Canadian income taxation, advanced auditing and internal controls.
- Experience in complex budgeting and financial analysis, financial reporting including experience in preparing financial statements, forecasting, developing long-range plans and profitability/cost-benefit analysis. Experience in reconciling financial information, generating financial reports from a financial system and process improvements.
- Demonstrated ability to design financial reports and present information which clearly conveys a solid understanding of accruals, accounts payable, reconciliation of accounts, transfers, variance analysis, overhead allocation, budgeting, forecasting fixed and variable costs, internal recoveries, statistical analysis, internal controls, audit procedures, trails, testing results, governance, HST, financing and cash flows.
- Experience in preparing memorandums, policies and process documentation.
- Demonstrated ability to accurately analyze financial information (budget and actual).
- Ability to determinefinancial impact of both financial and non-financial information.
- Demonstrated knowledge of financial systems.
- Excellent analytical skills.
- Excellent communication (written and verbal) and interpersonal skills.
- Excellent attention to detail and organizational skills.
- Excellent ability to prioritize and bring the appropriate sense of urgency to situations.
- Excellent time management skills.
- Ability to exercise sound judgement, tact and initiative.
- Ability to work well with others and independently.
- Confidentiality is mandatory.

**Assets (Nonessential)**:

- Enrolment in a professional accounting designation program considered an asset.
- Audit experience would be an asset.
- Experience with PowerBI would be an asset

**To be successful in this role you will be**:

- Accountable
- Communicator
- Multi-tasker
- Organized
- Problem solver
- Team player

**Closing Date**: 06/28/2023, 11:59PM ET
**Employee Group**: USW
**Appointment Type**: Budget - Continuing
**Schedule**: Full-Time
**Pay Scale Group & Hiring Zone**:
**Job Category**: Finance/Budget/Planning/Audit

**Lived Experience Statement**

**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**.

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