University of Toronto

Director, Financial Services

University of Toronto$120K — $140K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • University degree in business/commerce/accounting with a recognized professional accounting designation (CMA, CGA, CPA) or equivalent experience.
  • Minimum five years in financial management, ideally in higher education or public sector.
  • Expertise in budget planning, financial management, and resource administration.
  • Experience in human resources management in a unionized environment.
  • Proven ability to develop complex financial models and executive-level analyses.

Responsibilities

  • Oversee financial administration including accounts payable, receivable, and budgeting.
  • Provide financial expertise to the Chief Administrative Officer and Dean.
  • Lead financial planning, budgeting, forecasting, and reporting functions for the Faculty.
  • Develop sophisticated financial models for strategic decision-making in areas like budget and revenue projections.
  • Manage relationships with foundations, government agencies, and donors while overseeing fund management.

Benefits

  • Professional development and training opportunities.
  • Collaborative and supportive work environment.
  • Access to state-of-the-art resources and tools.
  • Participation in financial strategy affecting the broader academia and healthcare community.
Full Job Description
Date Posted: 09/08/2026
Req ID: 50104
Faculty/Division: Faculty of Pharmacy
Department: Faculty of Pharmacy
Campus: St. George (Downtown Toronto)
Existing Vacancy: Yes

Position Description:

Under the general direction of the Chief Administrative Officer (CAO), the Director, Financial Services, is responsible for the effective and efficient utilization of the Faculty's financial resources. The incumbent provides leadership in managing and overseeing all aspects of the financial administration for the Faculty including accounts payable, accounts receivable, purchasing, financial accounting and budget planning, internal auditing, financial reporting, contract management and the design and implementation of proper financial controls to ensure financial integrity is maintained at all times.

The incumbent provides expertise on all financial matters to the CAO and the Dean, associate deans, senior administrations, directors, faculty, and staff and is a key partner in the achievement of the Faculty's long-term strategic financial goals and objectives.

In partnerships with the CAO, the Director, Financial Services, provides strategic financial leadership to support institutional planning and decision-making. This includes leading complex financial modelling, multi-year revenue and expenditure forecasting, enrolment-based financial analysis, and the preparation of financial information supporting the University's Annual Budget Review (ABR) process and other strategic planning initiatives.

Under the direction of the CAO, the Director, Financial Services, leads the Faculty's integrated financial planning, budgeting, forecasting and financial reporting functions. The incumbent develops sophisticated financial models to support strategic decision-making, including operating budgets, salary projections, non-salary expenditure forecasts, tuition revenue modelling, government operating grant projections, enrolment scenario modelling and long-range financial sustainability analyses.

The Director, Financial Services, is responsible for fostering strong relationships with a variety of foundations, government agencies, and donors that fund various academic and clinical programs within the Faculty. The incumbent is responsible for the overall financial management of these funds including preparing funding reports for program directors to provide to the funding agencies.

The Director, Financial Services is responsible for managing his/her direct reports in the Finance Office and provides them with training, mentoring, coaching, and performance management as required.

The Director, Financial Services provides Faculty-level financial advice, review and support for Faculty-operated business enterprises, including Discovery Pharmacy. For Discovery Pharmacy, the incumbent works closely with the Executive Director of the Discovery Pharmacy to review financial performance and quarterly financial reporting, provide subject matter expertise on complex financial and accounting matters, support the resolution of financial issues, and advise on financial controls, risk and long-term sustainability. Operational accountability for Discovery Pharmacy's financial management, financial records, reconciliations and preparation of financial statements rests with the Executive Director of Discovery Pharmacy. The Director, Financial Services serves as Co-Chair of the Discovery Pharmacy Finance Committee (with approval of the Discovery Pharmacy Board) and provides financial expertise to support the Committee's governance and oversight responsibilities.

The incumbent liaises with senior administrators and fellow financial officers centrally and across the University to share information and respond to requests and complex financial inquiries.

Qualifications Required:

Education:

University degree in business/commerce/accounting with a recognized professional accounting designation such as CMA, CGA, CPA or an equivalent combination of education and experience.

Experience:

Minimum five (5) years of related experience in a financial management position, preferably in a post-secondary environment or large public sector organization; Expertise in budget planning, financial management and control, as well as administration of budget and financial resources; Experience in the application of sound financial principles and practices; Proven experience in human resources management in a unionized environment; Experience with FIS, HRIS, and AMS an asset. Demonstrated experience developing complex financial models, multi-year budget forecasts, revenue projections, and executive-level financial analyses to support strategic planning.

Skills:

Excellent financial management, organizational, and analytical skills; Excellent communication skills; Strong leadership and conflict resolutions skills; Strong problem solving and decision-making skills; Superior planning, budgeting and project management skills; Strong computer skills with advanced proficiency in Word, Excel and Power Point.

Other:

Proven ability to think strategically/see the big picture, build effective teams and work effectively with people at all levels of the organization, work independently as well as part of a team, and ability to be self-directed and take initiative; A collaborative and consultative management style as well as the ability to foster and maintain effective relationships with faculty, staff, students, senior administrators, and external constituents; Ability to solve problems in a creative and effective manner, multi-task and manage conflicting priorities and deadlines, and ability to execute and complete tasks under pressure and within timelines; Keen attention to detail and accuracy; Capacity to understand and work with the unique challenges and opportunities presented by a growing professional school with strong ties to the healthcare industry; Proven ability to maintain confidentiality and exercise discretion, tact, and good judgment at all times.

Closing Date: 09/22/2026, 11:59PM ET
Employee Group: Salaried
Personnel Subarea: PM
Appointment Type: Budget - Continuing
Schedule: Full-Time. Work extended hours as a result of strict deadlines (e.g. month-end reporting, project deliverables, etc.), which includes weekends, evenings, and/or holidays, on a weekly basis for 5 hours or more. There is also a requirement to be on-call outside regular working hours (e.g. evenings and weekends) in case of critical deadlines and emergencies.
Pay Scale Group & Hiring Zone: PM 5 -- Hiring Zone: $120,499 - $140,583 -- Broadband Salary Range: $120,499 - $200,831
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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