University of Toronto

Senior Finance and Business Officer

University of Toronto$91K — $117K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting or Business Administration, or equivalent experience.
  • Minimum 5 years of senior-level budgeting and financial analysis experience.
  • At least 3 years of experience with accounts receivable, payroll, and financial systems.
  • Proven track record in planning and preparing complex budgets and financial statements.
  • Experience managing financial transactions against operating budgets.
  • Strong knowledge of accounting principles and financial policies required.
  • Excellent organizational and time management skills.

Responsibilities

  • Implement plans for improving financial administration processes.
  • Forecast, plan, and monitor complex budgets effectively.
  • Analyze financial data and prepare reports for senior management.
  • Monitor department budgets to stay within allocations.
  • Interpret policies to make independent financial decisions.
  • Maintain compliance with financial management guidelines and regulations.
  • Direct activities of staff involved in similar financial functions.

Benefits

  • Full-time position with continuing budget appointment.
  • Opportunities for professional development and advancement.
  • Access to university resources and facilities.
  • Supportive work environment fostering teamwork and collaboration.
  • Eligibility for employee benefits programs and wellness initiatives.
Full Job Description
Date Posted: 09/09/2026
Req ID: 47666
Faculty/Division: Faculty of Applied Science & Engineering
Department: Institute of Biomedical Engineering
Campus: St. George (Downtown Toronto)
Position Number:
Existing Vacancy: Yes

Your opportunity:

Under the general direction of the Director of Operations, the Senior Financial & Business Officer is responsible for the payroll of all appointed and non-appointed staff, financial planning and reporting for operating funds, informing senior leaders of funding issues, as well as making recommendations on budget allocations involving multiple sources of revenue and/or recovery.

Your responsibilities will include:

  • Implementing plans and process improvements for financial administration activities
  • Forecasting, planning and monitoring multiple complex budgets
  • Analyzing financial trends and preparing analytical reports and forecasts for management decision making
  • Monitoring department budget to ensure expenditures remain within budgeted allocations
  • Interpreting and applying policies and procedures when making independent decisions
  • Applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements
  • Developing and maintaining procedures for the use of space and equipment
  • Directing the activities of a group of staff-appointed employees all performing a similar function


Essential Qualifications:

  • Bachelor's Degree in Accounting or Business Administration or an acceptable equivalent combination of education and experience.
  • A minimum of five (5) years of recent and related senior-level budgeting, forecasting, accounting, and financial analysis experience.
  • Minimum 3 years of relevant experience including accounts receivable, payroll, FIS and HRIS or similar systems.
  • Experience overseeing, planning and preparing complex budgets, forecasting and statistical information; monitoring and reconciling financial activity and payroll distribution and report generation, including preparing financial statements.
  • Experience overseeing all financial transactions (revenue and expenditures) against operating budgets.
  • Experience with financial reporting, payroll, purchasing and lease agreements and internal control principles.
  • Excellent knowledge of general accepted accounting principles, collective agreements or other related financial policies and procedures is required.
  • Excellent time management and organizational skills. Ability to adopt to changing priorities.
  • Demonstrated analytical ability with great attention to detail. Solid problem-solving skills.
  • Demonstrated ability to exercise a high level of confidentiality, professionalism, good judgment, initiative, diplomacy, tact, and discretion.
  • Demonstrated ability to work collaboratively as a team player with excellent interpersonal, oral and written communication skills.
  • Demonstrated commitment to equity, diversity, inclusion and the promotion of a respectful and collegial learning and work environment.


Assets (Nonessential):

  • Completion of a recognized professional program (e.g. CPA).


To be successful in this role you will be:

  • Communicator
  • Courteous
  • Multi-tasker
  • Organized
  • Problem solver
  • Team player


Closing Date: 09/17/2026, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 14 -- $91,677. with an annual step progression to a maximum of $117,242. 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.

A job description is available upon request

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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