Financial Officer

Date Posted: 11/07/2024
Req ID: 40585
Faculty/Division: Faculty of Social Work
Department: Faculty of Social Work
Campus: St. George (Downtown Toronto)
Description: About us: The Factor-Inwentash Faculty of Social Work at the University of Toronto is distinguished by its emphasis on the integration of research and practice in both the classroom and its practicum education. As the oldest school of social work in Canada, FIFSW has been on the cutting edge of education, policy, research and practice for more than 100 years. Recognized as one of the leading social work research Faculties in North America, FIFSW is highly involved in promoting excellence in social work practice and policy development. Teaching in the Faculty is enriched by the internationally recognized research of faculty members which is designed to help governments, agencies and communities effectively address real world challenges.
Your opportunity: Under the direction of the Finance Director, the Financial Officer will perform a variety of financial functions that support the financial management of the Factor-Inwentash Faculty of Social Work including ensuring all business/financial transactions are aligned with the generally accepted accounting principles, and any related research guidelines associated with research grants. Related activities include ensuring back-up documentation is provided and centrally retained for audit purposes (including payroll); auditing all expense reimbursement requests; auditing contracts for compliance, troubleshooting and resolving transaction errors within the University's financial information system (FIS) and Human Resources Information System (HRIS). You will work independently to resolve discrepancies and noncompliance issues, escalating to the Director when required. The incumbent provides analytical reports to the Director as needed. The Financial Officer also acts as a backup support to other financial roles within the portfolio as required.
The incumbent will be working closely with Faculty members on research grants and to ensure all financial and HR transactions are compliant with university, sponsor, and legislative requirements. The incumbent is expected to have understanding and knowledge of Tri-Agency policies and other government agency guidelines and exercise professional judgement to assist Principal Investigators.
Making recommendations on budget allocations involving multiple sources of revenue and/or recoveriesApplying the University Guide to Financial Management and other applicable policies, agency and regulatory requirementsAdvising staff on accounting practices and University financial policies and proceduresAnalyzing actual expenditures in comparison to budget and preparing reports for financial planning and funding terms complianceMonitoring, recording, reconciling and/or reporting on funding accounts for grants and contractsPreparing financial summary reportsVerifying that provisions of applicable collective agreements and/or policies are applied appropriatelyIdentifying and resolving individual data anomalies and discrepanciesEssential Qualifications: Bachelor's degree in Accounting or Business Administration, or an acceptable equivalent combination of education and experience. Completion of a recognized professional program (e.g. CPA) is preferred.Minimum four years of recent experience in processing, monitoring and reconciling financial transactions and payroll preferably within a post-secondary or public sector environment.Experience with the financial administration/processing of research or grant/restricted funds.Experience in finance modeling, budget control, forecasting and the preparation of financial reports and analysis.Experience in application of cost and financial accounting and payroll principles.Experience working with complex statistical information, analyzing financial data and producing complex reports.Excellent knowledge of general accepted accounting principles, collective agreements or other related financial policies and procedures is required.Demonstrated knowledge and experience working with large databases: Repository of Student Information (ROSI/ACORN), University's Financial Information System (FIS), Human Resources Information System (HRIS), and Research Information System (RIS) or other related financial systems.Advanced skills using Microsoft Office (e.g. Word, Excel, Outlook, SharePoint).Excellent verbal and written communication, interpersonal, organizational, analytical, leadership and decision-making skills.High level of initiative and ability to organize and communicate statistical and financial information to non-financial staff and faculty at all levels.Excellent customer service orientation with a commitment to promoting positive customer relations.Ability to manage conflicting priorities, multi-task, and have excellent attention to detail and accuracy.Ability to exercise sound judgment in the application of established guidelines and procedures.Ability to maintain confidentiality.Assets (Nonessential): Experience with purchasing and lease agreements and internal control principles.Demonstrated knowledge and intermediate skills in database software.To be successful in this role you will be: AdaptableProactiveResourcefulTactfulTeam playerClosing Date: 11/15/2024, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone: USW Pay Band 13 -- $84,813. with an annual step progression to a maximum of $108,463. 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.
All qualified candidates are encouraged to apply; however, Canadians and permanent residents will be given priority.
Diversity Statement:The University of Toronto embraces Diversity and is building a culture of belonging that increases our capacity to effectively address and serve the interests of our global community. We strongly encourage applications from Indigenous Peoples, Black and racialized persons, women, persons with disabilities, and people of diverse sexual and gender identities. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences, and expertise are essential to strengthening our academic mission.
Accessibility Statement:The University strives to be an equitable and inclusive community, and proactively seeks to increase diversity among its community members. Our values regarding equity and diversity are linked with our unwavering commitment to excellence in the pursuit of our academic mission. The University is committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA). As such, we strive to make our recruitment, assessment and selection processes as accessible as possible and provide accommodations as required for applicants with disabilities. If you require any accommodations at any point during the application and hiring process, please contact ******.

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