Date Posted: 07/22/2025
Req ID: 44407
Faculty/Division: Faculty of Arts & Science
Department: Centre for Entrepreneurship
Campus: St. George (Downtown Toronto)
Position Number: 00049138
Description:
About us:
The Faculty of Arts & Science is the heart of Canada’s leading university and one of the most comprehensive and diverse academic divisions in the world. The strength of Arts & Science derives from our combined teaching and research excellence in the humanities, sciences and social sciences across 29 departments, seven colleges and 46 interdisciplinary centres, institutes and programs.
We can only realize our mission with the dedication and excellence of engaged staff and faculty. The diversity of opportunities and perspectives within the Faculty reflect the local and global landscape and the need for curiosity, innovative thinking and collaboration. At Arts & Science, we take pride in our legacy of innovation and discovery that has changed the way we think about the world.
Your opportunity:
The Centre for Entrepreneurship is the hub for innovation and entrepreneurship-related academic courses, co-curricular programs, and venture incubation and acceleration in the Faculty of Arts & Science. Located in the Schwarz Reisman Innovation Campus West Building, the Centre works collaboratively with academic departments, college programs, centres, institutes and schools to serve undergraduate students, graduate students, faculty and alumni.
Under the general direction of the Executive Director, the Business Officer is responsible for overseeing the Centre of Entrepreneurship's business andfinancial resources, budgeting and payroll, human resources and facilities.
Business and financial responsibilities of the role include financial administration, financial analysis, updating and maintaining the budget model, forecasting, reconciliation, payroll, and human resources activities in order to support the daily operations of the Centre. The Business Officer will review and identify efficiencies to improve financial, business and administrative processes by leveraging technology and other solutions to improve workflow. Additionally, the incumbent will identify and anticipate the financial and operational needs of the unit and will provide well-informed recommendations for consideration to the Executive Director.
The Business Officer is proactive and customer service-oriented with strong interpersonal skills, sound judgment, and decision-making skills.
Your responsibilities will include:
- Forecasting, planning and monitoring multiple complex budgets
- Making recommendations on budget allocations involving multiple sources of revenue and/or recoveries
- Monitoring department budget to ensure expenditures remain within budgeted allocations
- Applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements
- Implementing plans and process improvements for financial administration activities
- Processing and issuing invoices
- Processing payroll
Essential Qualifications:
- Bachelor's Degree in business administration, commerce, accounting, finance, or an acceptable combination of equivalent experience.
- Minimum four years of financial and business management experience, financial administration, financial analysis, updating and maintaining a budget model, forecasting, monitoring expenditure, reconciliation, payroll, and human resources activities.
- Minimum of four years’ experience managing a complex work unit, including financial oversight and administration. This includes planning and preparing detailed operating budgets, managing POS systems and research grants, forecasting and analyzing financial data, and preparing financial reports.
- Experience overseeing administrative operations including financial management, human resources administration, and processing financial and payroll transactions is required.
- Demonstrated experience monitoring and reconciling financial activity and payroll distribution, as well as producing financial statements
- Experience maintaining financial and personnel records, and with the University’s financial/payroll and HR policies, or other similar policies.
- Experience with policies and procedures related to academic and administrative collective agreements and other similar unionized groups.
- Experience working with procurement services, and negotiating terms and drafting contracts with external contractors and vendors.
- Advanced skills working in FIS and HRIS, or similar administrative systems.
- Demonstrated advanced skills in Microsoft Office (e.g. Word, Excel, Access, PowerPoint, and Outlook) and databases.
- Excellent organizational, planning, and time-management skills, with ability to adapt to changing priorities.
- Must demonstrate excellent communication skills, including active listening, clarity and conciseness
- Aptitude for numbers and analyses, be able tomulti-task, and has solid problem-solving skills.
- Demonstrated experience handling highly sensitive and confidential information with discretion, ensuring strict compliance with confidentiality requirements.
- Experience supervising staff members
To be successful in this role you will be:
- Accountable
- Communicator
- Meticulous
- Proactive
- Resourceful
- Team player
Notes:
- If you are a current USW staff member, please apply using the "Current Staff Apply Here" button on the University of Toronto Careers page.
- This role is currently eligible for a hybrid work arrangement, pursuant to University policies and guidelines, including but not limited to the University of Toronto’s Alternative Work Arrangements Guideline.
Closing Date: 07/31/2025, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 13 - $86,340. with an annual step progression to a maximum of $110,415. 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.
