Faculty Financial Analyst

Date Posted: 09/07/2023
Req : 31035
Faculty/Division: OISE
Department: Finance
Campus: St. George (Downtown Toronto)
Position Number:

Description:

About us:

OISE is recognized as a global leader in graduate programs in teaching and learning, continuing teacher education, and education research. As one of the largest and most research-intensive faculties of education in North America, OISE is an integral part of the University of Toronto - Canada’s most dynamic and comprehensive institution of higher learning.

OISE is committed to enhancing the social, economic, political and cultural well-being of individuals and communities locally, nationally and globally through leadership in teaching, research and advocacy. A unique place to work, learn and grow, OISE addresses current and emerging challenges with the scale, academic excellence and collaborativeenergy that few institutions in the world can claim.

Your opportunity:

The Faculty Financial Analyst reports to the Director, Finance and Planning and is responsible for a broad range of duties in support of Faculty planning, reporting and financial management. Responsibilities include the development and preparation of complex financial models, analyses, statements and schedules to facilitate financial reporting, inform senior management in decision-making and long-term planning. The incumbent will budget, forecast, manage, analyse and execute these resources in accordance with University policy and the terms and conditions set by the Faculty.

The incumbent will work closely with the Director to develop the financial models for new academic programs, entrepreneurial activities and will participate in annual budget reviews, factoring in the potential effects of various internal and external factors on revenues and expenses. The individual will summarize and present the results through oral, written and graphical communication to senior leaders who make strategic business decisions.

In performing these responsibilities, the incumbent will engage in a broad range of extensive analyses, prepares financial models and reports using complex worksheets, formulae, and coding. The incumbent will be performing tasks that will require a very high degree of precision and simultaneous attention to many details, such as detailed analysis on special projects, forecasting and analysis of budget information.

Your responsibilities will include:

• Overseeing the financial management of budgets that include strategic planning, analysis and forecasting
• Forecasting, planning and monitoring multiple complex budgets
• Interpreting and applying policies and procedures when making independent decisions
• Forecasting and planning financial activities incorporating budgets with multiple sources of revenue and/or recoveries
• Analyzing and recommending improvements to financial processes and procedures
• Performing complex financial data modeling and analysis
• Preparing and delivering trend analyses and projections to management for financial planning
• Providing advice and data to support the development of business cases and analytics for departmental initiatives

Essential Qualifications:

• Bachelor's Degree in Accounting, Statistics or Business Administration or an acceptable equivalent combination of education and experience. Completion of a recognized professional program (e.g. CPA) would be considered an asset.
• Minimum five years of recent and relevant experience in financial accounting within a complex organization preferably within an educational/University environment.
• Experience in strategic planning and presentation of strategic financial plans.
• Demonstrated advanced experience working with and manipulating large, complex data sets.
• Demonstrated knowledge and experience working with large databases, AMS, and ROSI.
• Experience in finance modeling, budget control, forecasting and the preparation of financial reports and analysis.
• Experience conducting financial trend analysis and proposing effective strategies.
• Experience working with complex spreadsheets, analyzing financial data and statistics and producing complex reports.
• Knowledge of policies and procedures of the University of Toronto or other related…