University of Toronto

Capital Financial Operations Manager

University of Toronto$93K — $109K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • University degree in business, finance, commerce, or accounting, or equivalent experience.
  • Minimum five years in capital project financial management or similar.
  • Experience in financial oversight and managing audits with policy compliance.
  • Significant experience with SAP or similar financial systems for capital project processing.
  • Familiarity with Ontario's Construction Act holdback processes is desirable.

Responsibilities

  • Provide leadership for financial operations in capital projects.
  • Ensure compliance with university policies and financial regulations.
  • Advise senior stakeholders on capital financial processes.
  • Collaborate with IT and other departments on financial systems enhancements.
  • Lead the Capital Accounts Payable team and develop staff.

Benefits

  • Professional development and continuous learning opportunities.
  • Collaborative and service-oriented work culture.
  • Access to a range of university resources and facilities.
Full Job Description
Date Posted: 07/20/2026
Req ID: 49484
Faculty/Division: VP-Facilities & Real Estate
Department: Financial Strategy & Services Dept
Campus: St. George (Downtown Toronto)
Existing Vacancy: No

Description:

Your Opportunity:

The Capital Financial Operations Manager provides leadership and managerial oversight for the financial operations aspects of capital projects managed by Facilities and Real Estate Division. This includes financial accounting and compliance, reporting, systems administration, budget coordination, monitoring, and project closeouts related to construction and facilities development. The incumbent ensures that capital financial transactions adhere to the University's policies, accounting standards, statutory regulations, and industry best practices.

As the subject matter expert for capital financial operations, including capital financial systems, payment processes, and workflows, the Manager is responsible for the accuracy, integrity, and efficiency of capital project financial data. The role provides strategic advice to senior stakeholders on capital financial processes and compliance requirements, including prompt payment and holdback administration under Ontario's Construction Act. The Manager also oversees the effective use and continuous enhancement of capital financial systems and processes in partnership with Information Technology Services (ITS), collaborates closely with Capital Accounting, University Planning, Design and Construction (UPDC), Facilities and Services (F&S), and other stakeholders, and supports long-term capital planning and reporting initiatives. The Manager also leads the Capital Accounts Payable team, providing work direction and expertise to the group, as well as coaching and developing team members to foster a collaborative, service-oriented culture.

Required Qualifications

EDUCATION:

  • University degree in business, finance, commerce or accounting, or an equivalent combination of education and experience.


EXPERIENCE:

  • Minimum of five (5) years of progressively responsible experience in capital project financial management, construction financial operations, or a related financial management role, ideally within a large public-sector or post-secondary institution.
  • Proven track record in financial oversight, including ensuring policy and statutory compliance, leading year-end processes, and managing audits.
  • Significant experience with SAP or an equivalent enterprise financial system is essential, particularly for capital project processing, workflow design, and document management.
  • Experience with lien and holdback processes and prompt payment requirements under Ontario's Construction Act is highly desirable.
  • Familiarity with university financial governance and long-range capital planning is an asset.


SKILLS:

  • Excellent analytical and organizational abilities with a high degree of accuracy and attention to detail.
  • Advanced proficiency in Microsoft Excel is essential, along with strong working knowledge of Word, PowerPoint and Visio.
  • Strong written and verbal communication, interpersonal, and staff-management skills.
  • Strong problem-solving skills and the ability to translate financial data and legislation into actionable decisions.
  • Thorough understanding of internal controls, financial compliance, and business process design, including the ability to assess how system changes impact operational workflows.
  • Knowledge of the construction and capital project life cycle, including holdbacks and payment certification, is an asset.


OTHER:

  • Strong service orientation and the ability to work both independently and collaboratively.
  • Able to manage multiple competing priorities in a high-volume, fast-paced environment.
  • Initiative, discretion, and sound judgment, particularly when advising on compliance and financial policy matters.
  • Adaptable to change, able to maintain professional under pressure, and demonstrate a high level of integrity.
  • Experience working with unionized staff and familiarity with relevant collective agreements is an asset.
  • Commitment to continuous learning and to keeping current with financial systems, regulations, and internal policies.


Closing Date: 08/17/2026, 11:59PM ET
Employee Group: Salaried
Personnel Subarea:PM
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone: PM 3 -- Hiring Zone: $93,592 - $109,190 -- Broadband Salary Range: $93,592 - $155,985
Job Category: Finance/Budget/Planning/Audit

About University of Toronto

The University of Toronto is a public research university located in Toronto, Ontario, Canada. It is the largest university in Canada by enrollment and one of the top-ranked universities in the world. The university offers undergraduate and graduate programs in a wide range of academic disciplines, including arts, sciences, engineering, and business. The University of Toronto is known for its research excellence and has produced many notable alumni, including four Nobel laureates. The university was founded in 1827 and has three campuses in the Toronto area.
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