Senior Financial Analyst

At the intersection of mind and action, Toronto Metropolitan University (TMU) is on a transformative path to become Canada's leading comprehensive innovation university. Integral to this path is the placement of equity, diversity and inclusion as fundamental to our institutional culture. Our current academic plan outlines each as core values and we work to embed them in all that we do.

TMU welcomes those who have demonstrated a commitment to upholding the values of equity, diversity, and inclusion and will assist us in realizing the benefits of embedding these values into the work at every level and in every unit of the university. In addition, to correct the conditions of disadvantage in employment in Canada and to bring lived experiences to the work, we encourage applications from members of equity deserving groups that have been historically disadvantaged and marginalized, including First Nations, Métis and Inuit Peoples in Canada, First Nations Peoples in the United States, racialized people, Black people, persons with disabilities, women, and 2SLGBTQ+ people. Preference will be given to candidates with lived experiences as people from equity deserving groups, as well as experience working with these communities with which the University works every day. Please note that all qualified candidates are encouraged to apply and we welcome newcomers and immigrants to Canada.

In April 2022, the university announced its new name of Toronto Metropolitan University. Learn more about our next chapter .

The Team Magnet is a not-for-profit, digital social innovation platform co-created by Toronto Metropolitan University in partnership with the Ontario Chamber of Commerce in 2014.

Our mission is to accelerate inclusive economic growth for all in Canada by advancing careers, businesses and communities.

We do this by connecting people, businesses and organizations to opportunity through our intelligent matching technology, developed within the DMZ ecosystem at Toronto Metropolitan University.

We offer a service unlike any other in Canada - or the world. The ways in which we can help drive growth continue to expand.

The Opportunity Magnet is seeking a

Senior Financial Analyst

to join their team! The successful incumbent can expect to provide financial services, guidance, and advice to Magnet leadership team to facilitate decision making. This includes the complex analysis and preparation of timely and accurate financial reports for externally and internally-funded projects or programs, supporting the financial audit process, designing, developing and providing ongoing training to internal clients on TMU and Magnet financial systems, policies, and reporting systems, and works closely with Office of the Vice-President Research and Innovation and TMU Research Accounting to ensure that financial integrity and the University's accountability standards are met. The incumbent will also act as a leadhand and provide guidance to the Finance and Administration Coordinators on projects and financial processes.

Additional Responsibilities

Provides the initial and detailed analysis of financial data and extracts, defining relevant information; interprets data for the purpose of determining past financial performance, proper allocation of expenditures according to guidelines, and/or to project a financial profitability.

Prepares and populates budget and forecasting templates with key budgeting and financial assumptions on external research proposals, grants, project and program planning, event revenue projections, and administrative costs.

Conducts detailed analysis and validation checks on the complex budget file to ensure integrity of all data elements.

Assesses, monitors, and prepares all financial deliverables with backup documents for Director's review, and for submission to external funders. Resolves issues to include reallocation of expenditures to particular cost centres, within the general guidelines of the federal or provincial funding contracts.

Acts as Magnet's main purchase card holder and reviews purchasing requests to ensure that purchasing and payment practices adhere to budgets, accounting and financial standards, and TMU policies.

Reviews internal and external audit guidelines in accordance with Generally Accepted Accounting Principles, and notifies the Director of any changes in the guidelines and the financial or operational implications.

Qualifications To help us learn more about you, please provide a cover letter and resume describing how you meet the following required qualifications:

Completion of a post-secondary degree program in the field of Business Management, Accounting and Finance is required.

A minimum of 5 years of relevant experience in the accounting field in a lead hand capacity, including experience with restricted and accrual method of accounting, year-end working paper and preparation of complex annual financial statements, budgeting, variance analysis, and reporting.

Professional accounting designation (i.e. CPA) is an asset.

Experience with fund/project accounting.

Experience coordinating projects, including acting as a lead hand to other staff.

Knowledge of Generally Accepted Accounting Principles (GAAP), fund accounting, accruals, deferrals as it relates to a non-profit environment.

Knowledge of accounting and auditing for not-for-profit government organizations.

Good working knowledge of Enterprise Resource Planning (ERP) systems, such as Oracle Government Financial (OGF) systems and PeopleSoft.

Good working knowledge of business intelligence tools and online analytical processing systems.

Advanced proficiency in Microsoft Office products, including Word, PowerPoint, Access and Excel.

Strong communication skills.

Additional Information (OPSEU) Position Number(s)

20005525

Reports To

Director, Operations

Department

Magnet

Employee Group

OPSEU

Vacancy Type

Term [This is a current vacancy.]

Work Location

Hybrid

Start Date

ASAP

End Date

December 8, 2026

Hours of Work

36.25

Grade

13

Salary Scale

$83,751.21 - $106,093.52

Hiring Salary Range

$83,751.21- $91,517.21

TA Specialist

-

Posting Date

February 25, 2026

Application Close Date

March 5, 2026

Equivalent experience or a combination of equivalent experience and education may be accepted in place of education.

As part of the selection process, candidates may be required to complete an occupational assessment.

Applications will only be accepted online through Toronto Metropolitan University's career site.

We will provide an accessible experience for applicants, students, employees, and members of the Toronto Metropolitan University community. We are committed to providing an inclusive and barrier-free work environment, starting with the recruitment process. If you have restrictions that need to be accommodated to fully participate in any phase of the recruitment process, please submit your request through the AskHR webform . All information received in relation to accommodation will be kept confidential.

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