Financial Officer

Date Posted: 07/21/2023
Req ID: 32927
Faculty/Division: Woodsworth College
Department: Woodsworth College
Campus: St. George (Downtown Toronto)
Position Number: 00049921

Description:

About us:

The Faculty of Arts & Science is the heart of Canada’s leading university and is 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. For more information, visit www.artsci.utoronto.ca.

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:

Founded in 1974, Woodsworth College has become a thriving community of more than 5,500 students. We celebrate excellence in a collegial setting and commit to promoting accessibility and equity. Our mission is to provide the best educational experience for a diverse student body, which includes a large number of part-time and non-traditional students. In addition to being a locus of student life, we sponsor a variety of academic programs.

The Financial Officer will report to the Chief Administrative Officer and will work closely with the Business Support Officer. The incumbent will provide financial assistance in accounts payable, account receivables, variance analysis, budgeting, forecasting, and providing decision analysis.

Your responsibilities will include:

• 
  Applying the generally accepted accounting principles to all financial tasks
• Processing accounts payable according to the University Guide to Financial Management
• Comparing forecasted figures to actuals
• Preparing budget variance reports
• Providing advice and data to support the development of business cases and analytics for departmental initiatives
• Verifying the accuracy of absence and/or attendance reports prior to processing payroll
• Collecting supporting documentation required for accounting, payroll and/or HRIS processing
• Applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements
• Keeping well-informed on changes to policies, procedures, collective agreements, and applicable legislated requirements

Essential Qualifications:

• 
  Advanced College Diploma (3 years) in a recognized accounting or finance program, or acceptable combination of equivalent experience
• Minimum three years of recent and related financial, accounting (AR and AP), and budgeting experience
• Experience monitoring budgets, preparing budget variance reports, and reconciling accounts
• Experience applying general accepted accounting principles and applicable financial policies, and regulatory requirements
• Experience with and a strong working knowledge of the Universities Guide to Financial Management policy
• Experience processing payroll, with strong knowledge of payroll principles, and union collective agreements
• Experience working with AMS, including FIS and HRIS
• Knowledge of Microsoft Office with advanced knowledge of Excel and intermediate knowledge of Word and Power Point
• Strong analytical ability and aptitude for details and follow through.
• Excellent oral and written communication skills
• Excellent interpersonal and organizational skills

Assets (Nonessential):

• 
  Finance or Account experience in a post-secondary environment

To be successful in this role you will be:

• 
  Insightful
• Organized
• Proactive
• Problem solver
• Procedural
• Thoughtful

Closing Date: 08/01/2023, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 10 - $63,720 with an annual step progression to a maximum of $81,485. Pay scale and job class assignment is subject to determination pursuant to the Job Evaluation/Pay Equity Maintenance Protocol.
Job Category: Finance/Budget/Planning/Audit

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.