Date Posted: 05/21/2024

Req ID: 37412

Faculty/Division: Office of the Chief Financial Officer

Department: Accounting-Comptroller Ofc

Campus: St. George (Downtown Toronto)

Position Number: 00055749

Description:

About us: Financial Services is a department within the Chief Financial Officer portfolio. The academic goals and objectives of the University are supported through excellent financial management, and effective and appropriate use of all financial resources. The University's decentralized management model places financial management responsibility within every division of the University as well as within Financial Services. Within Financial Services, the Student Receivables & General Accounting Office is responsible for policies, procedures and systems for both student and general accounting processes on the University's student and financial systems; administration of daily incoming deposits, accounts receivable including student fee billing and collections; banking; third party sponsor billing; awards disbursement and student refunding; fee revenue, fiscal year end and audit; and tax reporting. The busy office works with both central and divisional offices across the University, federated colleges, and Toronto School of Theology.

Your opportunity: The incumbent is responsible for administration of daily incoming deposits, assembling, balancing, endorsing, and documenting bank deposits and processes on FIS; liaising with divisional awards staff to facilitate payments and resolve account and payment issues; recording award cancellations and related T4A adjustments; and other general accounting duties. The incumbent is responsible for account reconciliation, identifying and resolving financial discrepancies, recording accounting entries, and verifying the accuracy and completeness of information on ROSI, FICA, and FIS.

Your responsibilities will include:

• Receiving, verifying, and receipting deposits from multiple departments in the University
• Identifying and analyzing data discrepancies and taking necessary actions to correct errors
• Verifying that supporting documentation is attached to financial records before processing
• Liaising with divisional awards staff to facilitate payments and resolve account and payment issues
• Responding to enquiries within the defined scope of the role and redirecting as appropriate
• Reconciling accounts
• Other duties of the General Accounting Administrator include: Providing back up to A/R clerk position and SRAO Administrator as needed Other duties relating to University business as assigned

Essential Qualifications:

• Advanced college diploma (3+ years) or higher in Financial Accounting/Bookkeeping or other related field or acceptable combination of equivalent experience
• Minimum three (3) years of recent and related financial experience in a university or similar environment
• Demonstrated related experience with U of T's Administrative Management System (e.g. FIS), or equivalent systems.
• Experience maintaining and organizing administrative and financial records.
• Solid understanding of accounting, accounts receivable, and internal controls.
• Proficient with Microsoft Office (Excel, Word, SharePoint, Teams and Outlook).
• Demonstrated high level of organization and attention to detail and ability to maintain accuracy under pressure of deadlines
• Demonstrated ability to exercise tact, good judgment and diplomacy
• Knowledge of the University's financial procedures and guidelines, or other similar procedures.

Assets (Nonessential):

• Related experience in a university environment or higher educational institution
• Previous experience in a high-volume processing environment
• Demonstrated experience with developing and implementing automated solutions
• Knowledge of SAP or ROSI

To be successful in this role you will be:

• Accountable
• Efficient
• Honest
• Organized
• Problem solver
• Responsible
• Meticulous
• Multi-tasker
• Organized

Closing Date: 06/03/2024, 11:59PM ET

Employee Group: USW

Appointment Type : Budget - Continuing

Schedule: Full-Time

Pay Scale Group & Hiring Zone: USW Pay Band 09 -- $65,407 with an annual step progression to a maximum of $83,646. 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

Recruiter: Blythe Campbell

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.

All qualified candidates are encouraged to apply; however, Canadians and permanent residents will be given priority.

Diversity Statement The University of Toronto embraces Diversity and is building a culture of belonging that increases our capacity to effectively address and serve the interests of our global community. We strongly encourage applications from Indigenous Peoples, Black and racialized persons, women, persons with disabilities, and people of diverse sexual and gender identities. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences, and expertise are essential to strengthening our academic mission. As part of your application, you will be asked to complete a brief Diversity Survey. This survey is voluntary. Any information directly related to you is confidential and cannot be accessed by search committees or human resources staff. Results will be aggregated for institutional planning purposes. For more information, please see http://uoft.me/UP .

Accessibility Statement The University strives to be an equitable and inclusive community, and proactively seeks to increase diversity among its community members. Our values regarding equity and diversity are linked with our unwavering commitment to excellence in the pursuit of our academic mission. The University is committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA). As such, we strive to make our recruitment, assessment and selection processes as accessible as possible and provide accommodations as required for applicants with disabilities. If you require any accommodations at any point during the application and hiring process, please contact [email protected] .

Job Segment: Accounting, Accounts Receivable, Equity, Banking, Bookkeeping, Finance