University of Toronto

Financial Officer

University of Toronto$76K — $97K *
Education, Government & Non-Profit
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or relevant experience combination.
  • Minimum three years in financial and payroll administration.
  • Experience with budget variance reports and account reconciliation.
  • At least one year managing restricted or externally funded accounts.
  • Familiarity with FIS and HRIS or similar financial systems.
  • Analytical skills for financial data reporting and discrepancy resolution.
  • Experience processing payroll and managing employment contracts.

Responsibilities

  • Forecast and plan departmental financial activities with diverse revenue sources.
  • Monitor departmental budgets to adhere to allocations.
  • Reconcile and report on grants and contract funding accounts.
  • Record detailed transactions related to payroll accounts.
  • Identify and resolve data anomalies and discrepancies.
  • Reconcile monthly accounts and purchasing card statements.
  • Verify HRIS transactions for compliance with policies and agreements.

Benefits

  • Collaborative working environment with opportunities for professional growth.
  • Work at a prestigious institute within a top-tier University.
  • Access to a comprehensive health and wellness program.
  • Generous vacation and leave entitlements.
  • Contribute to a diverse and inclusive community.
Full Job Description
Date Posted: 08/24/2026
Req ID: 49943
Faculty/Division: Faculty of Applied Science & Engineering
Department: Inst for Aerospace Studies
Campus: St. George (Downtown Toronto)
Position Number:
Existing Vacancy: Yes

Description:

Your opportunity:

Reporting to the Manager, UTIAS, and working closely with the Senior Finance & Payroll Officer, the Financial Officer will be responsible for supporting the financial and administrative operations of the University of Toronto Institute for Aerospace Studies (UTIAS) within the Faculty of Applied Science & Engineering, working both independently and collaboratively. The incumbent ensures that all financial transactions, including budgeting, payroll, accounts payable and receivable, and grant and contract funding accounts, are processed accurately and in compliance with University policies, collective agreements, and legislative requirements, while serving as a key resource for financial analysis, reporting, purchasing, and HRIS data management.

Your responsibilities will include:
  • Forecasting and planning financial activities incorporating budgets with multiple sources of revenue and/or recoveries
  • Monitoring department budget to ensure expenditures remain within budgeted allocations
  • Monitoring, recording, reconciling and/or reporting on funding accounts for grants and contracts
  • Recording detailed transactions for many accounts including payroll
  • Identifying and resolving individual data anomalies and discrepancies
  • Reconciling monthly accounts; reconciling monthly purchasing card statements; processing cost recoveries
  • Verifying that HRIS transactions are processed according to applicable policies, procedures, collective agreements, and applicable legislated requirements
  • Applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements; keeping well-informed on purchasing and/or procurement policies and procedures


Essential Qualifications:

  • Bachelor's Degree or acceptable combination of equivalent experience.
  • Minimum three (3) years of relevant experience in a combination of financial and payroll administration experience.
  • Related experience in financial management, including working with budget variance reports, forecasting budgets, and experience monitoring and reconciling different types of financial accounts.
  • Minimum one (1) year experience managing restricted or externally funded accounts and fund accounts with specific spending restrictions, reporting requirements, compliance obligations, and reconciliation responsibilities.
  • Demonstrated experience with the University's Financial Information System (FIS) and Human Resources Information System (HRIS) or other related financial and payroll systems.
  • Demonstrated experience analyzing financial data and statistics, producing reports, and identifying and resolving discrepancies.
  • Experience with processing payroll for union and non-union employee groups.
  • Experience coordinating employment contracts and agreements for full-time appointed and casual employee groups, including reviewing and checking required supporting documentation for payroll processing.
  • Experience interpreting and applying financial policies, guidelines and process.
  • Experience applying accounting and payroll principles.
  • Demonstrated ability to meticulously enter data.
  • Strong organizational and time-management skills, with the ability to multi-task and adapt to changing priorities.
  • Strong analytical and problem-solving skills with high attention to detail.
  • Advanced skills with Microsoft Excel andintermediate skills with other Microsoft Office applications (e.g. Word, PowerPoint, Outlook, Access, SharePoint, Teams).
  • Excellent communication (verbal and written) and interpersonal skills, with the ability to explain complex terms and processes to a wide range of audience.
  • Demonstrated ability to exercise a high level of confidentiality, professionalism, good judgment, initiative, tact, and discretion.
  • Demonstrated commitment to equity, diversity, inclusion, and the promotion of a respectful and collegial learning and working environment.


Assets (Nonessential):

  • Experience with the University's financial policies, procedures, and guidelines.
  • Developed network of University contacts.


To be successful in this role you will be:

  • Accountable
  • Efficient
  • Meticulous
  • Problem solver
  • Resourceful
  • Self-directed


Closing Date: 09/01/2026, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 11 -- $76,577. with an annual step progression to a maximum of $97,928. 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

Job descriptions are available upon request for internal applicants.

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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