Date Posted: 07/20/2026
Req ID: 49484
Faculty/Division: VP:Facilities and Real Estate
Department: Financial Strategy and Services Dept
Campus: St. George (Downtown Toronto)
Existing Vacancy: No
Description:
About Us:
Facilities and Real Estate Division (FRE) serves the University of Toronto’s three campuses and is responsible for ensuring that the University’s physical infrastructure reflects the scale, ambition, and global standing of its academic enterprise. The division plays a central role in aligning campus infrastructure, capital investment, and real estate strategy with the University’s academic priorities and long:term sustainability. FRE manages several key portfolios, including Facilities and Services, University Planning Design and Construction, Spaces and Experiences and Real Estate Partnerships. We strive to provide efficient and effective services that support the Universitys mission, values and commitments. The FRE Financial Strategy and Services Department works closely with its portfolio departments, as well as internal and external stakeholders, to manage FREs financial resources, enhance operational efficiency, and improve financial management capacity. The department ensures compliance, provides strategic advice, enhances support for the decision:making process, manages risks, optimizes financial processes, adopts new technologies, improves existing systems, and promotes best practices.
Your Opportunity:
The Capital Financial Operations Manager provides leadership and managerial oversight for the financial operations aspects of capital projects managed by Facilities and Real Estate Division. This includes financial accounting and compliance, reporting, systems administration, budget coordination, monitoring, and project closeouts related to construction and facilities development. The incumbent ensures that capital financial transactions adhere to the Universitys policies, accounting standards, statutory regulations, and industry best practices.
As the subject matter expert for capital financial operations, including capital financial systems, payment processes, and workflows, the Manager is responsible for the accuracy, integrity, and efficiency of capital project financial data. The role provides strategic advice to senior stakeholders on capital financial processes and compliance requirements, including prompt payment and holdback administration under Ontarios Construction Act. The Manager also oversees the effective use and continuous enhancement of capital financial systems and processes in partnership with Information Technology Services (ITS), collaborates closely with Capital Accounting, University Planning, Design and Construction (UPDC), Facilities and Services (F and S), and other stakeholders, and supports long:term capital planning and reporting initiatives. The Manager also leads the Capital Accounts Payable team, providing work direction and expertise to the group, as well as coaching and developing team members to foster a collaborative, service:oriented culture.
Required Qualifications
EDUCATION:
:University degree in business, finance, commerce or accounting, or an equivalent combination of education and experience.
EXPERIENCE:
:Minimum of five (5) years of progressively responsible experience in capital project financial management, construction financial operations, or a related financial management role, ideally within a large public:sector or post:secondary institution.
:Proven track record in financial oversight, including ensuring policy and statutory compliance, leading year:end processes, and managing audits.
:Significant experience with SAP or an equivalent enterprise financial system is essential, particularly for capital project processing, workflow design, and document management.
:Experience with lien and holdback processes and prompt payment requirements under Ontarios Construction Act is highly d
Salary: Competitive
<!–
To apply for this job please visit the following URL: https://www.tiptopjob.com/jobs/133312347_job.asp?source=trovit–>
Job type: Accountancy, Finance, Banking & Insurance, Information Technology, Management & Executive
To apply for this job please visit www.tiptopjob.com.