Senior Budget Analyst
Financial Services is part of a vibrant and expanding campus where diversity fuels innovation. It consists of a team of professionals who provide accounting, budgeting and procurement services to UTSC. As a centralized department, it is responsible for safeguarding university assets, ensuring compliance, developing financial models and conducting analysis in support of the University’s academic mission.
Under the general direction of the Assistant Director, Business Operations, this position is responsible for the annual budgeting and financial reporting processes for Student Services programs and Co-operative Programs at University of Toronto Scarborough (UTSC). The incumbent works collaboratively with its clients’ program leaders and business officers to develop operating budgets and supporting documentation to enable approval by senior leadership, student bodies and the governance process. The incumbent prepares, reviews and refines a range of in-year and year-end financial reports and develops short and long term budget models. The incumbent prepares service agreements for services provided by other UTSC departments to its clients. The incumbent provides guidance and financial management expertise to the Scarborough Campus Students Union (SCSU) and oversees SCSU’s financial relationship with the university.
Your responsibilities will include:
- Overseeing the budget development process and the financial management of budgets
- Forecasting and preparing budgets incorporating budgets with multiple sources of revenue and/or cost recoveries
- Monitoring budgets on a regular basis to ensure expenditures remain within budgeted allocations
- Performing complex financial data modeling and analysis to support the development of operating budgets
- Analyzing complex statistical reports and/or financial information for management decision-making
- Preparing in-year and year-end financial reports for presentation to senior management
- Delivering presentations on financial data and models to clients and/or senior management
- Fostering and developing cooperative and respectful working relationships with a wide variety of internal and external contacts
- Bachelor’s Degree in Business Administration, Commerce or Accounting, and/or equivalent combination of education and experience. Completion of, or in the final stages of completing recognized professional accounting designation is preferred.
- Minimum 5 years of current and related experience in financial accounting, reporting, modeling, costing, budgeting and analysis.
- Must have experience reviewing not-for-profit financial statements and note disclosures to inform senior management of accounting, financial or other business risks implicit in year-end results.
- Demonstrated experience in the preparation of comprehensive financial reports, forecasts, and models and experience in the preparation and analysis of variance reports.
- A thorough understanding and practical application of generally accepted accounting principles including HST is required.
- Must have an aptitude for numbers, be analytical and have strong problem solving abilities.
- Must have strong communication skills (both oral and written).
- Highly developed computer skills including Excel (data manipulation), Word, email and internet.
- Ability to prioritize and complete many competing demands in order to meet strict deadlines with keen attention to detail.
- Must be highly service-oriented and possess strong interpersonal skills, and ability to work well in a team environment.
- Demonstrated ability exercise tact, good judgment and diplomacy when dealing with senior management and staff.
- Experience working in a post-secondary or public sector or comparable non-for profit entity environment is preferred.
- Experience using FIS and HRIS systems and knowledge of University of Toronto policies, protocols, and procedures are an asset.
To be successful in this role you will be:
- Problem solver
Department: UTSC: Financial Services
Job Field: Finance / Budget / Planning / Audit
Job Posting: Jul 8, 2019
Job Closing: Jul 19, 2019, 10:59:00 PM