Business Officer, BioHubNet

Business Officer, BioHubNet

Date Posted : 02 / 14 / 2025

Req ID : 41665

Faculty / Division : Faculty of Pharmacy

Department : Faculty of Pharmacy

Campus : St. George (Downtown Toronto)

Position Number : 00056616

About us :

The Biomanufacturing Hub Network (BioHubNet) is an immersive talent development program aimed at producing industry-ready, highly qualified personnel (HQP) in the biomanufacturing sector through comprehensive training initiatives with deep industry engagement. BioHubNet has been recently awarded $18.9 million in federal funding. BioHubNet is committed to delivering state-of-the-art training crucial for Canada’s future in biomanufacturing and pandemic preparedness. It offers tailored training programs drawing on the collective expertise of academia, industry, hospitals, and not-for-profit organizations. The core of the BioHubNet model is industry-led and industry-relevant credentialed training to meet the skills needed in the biomanufacturing sector combined with experiential learning through internships and residencies. BioHubNet will provide training to a diverse range of HQP, including clinical associates, post-doctoral fellows, graduate students, technicians, focusing on three key thematic areas : ENGAGE – microcredential courses (open to those in industry as well); EXPERIENCE – experiential learning; EQUIP – entrepreneurial training, all of which will be pursued with attention to EQUITABLE opportunities.

Through BioHubNet’s training, HQP will be better equipped for careers in biomanufacturing and the life sciences ecosystem more generally.

Your opportunity :

Reporting to the Director, BioHubNet, and working closely with the Director, Strategy & Partnership at PRiME, the Business Officer, BioHubNet will be responsible for supporting the financial management for BioHubNet and PRiME, which includes a portfolio of training program funding, operating accounts, contracts and restricted accounts. The incumbent provides business administrative support, prepares the forecast and budget plans, detailed analysis of variances, prepares regular data monitoring analysis for senior management decision making. The Business Officer, BioHubNet ensures that business transactions are aligned with the general accepted accounting principles, the University’s financial and purchasing guidelines, as well as the Faculty’s funding rules.

Your responsibilities will include :

• Processing financial transactions and payroll and preparing purchase orders and expense reimbursements
• Working with MITACs and partners (industry, academia, government) to process payments and manage funds across institutions
• Forecasting, planning and monitoring multiple complex budgets; and Analyzing financial trends and preparing analytical reports and forecasts for management decision making
• Monitoring department budget to ensure expenditures remain within budgeted allocations
• Monitoring, recording, reconciling and / or reporting on funding accounts for grants and contracts
• Interpreting and applying policies and procedures when making independent decisions
• Applying the generally accepted accounting principles to all financial tasks and applying the University Guide to Financial Management and other applicable policies, agency and regulatory requirements
• Resolving issues within the scope of the role and escalating problems as required

Essential Qualifications :

Assets (Nonessential) :

To be successful in this role you will be :

Notes :

Closing Date : 02 / 26 / 2025, 11 : 59PM ET

Employee Group : USW

Appointment Type : Grant - Term. This is a term position for three (3) years .

Schedule : Full-Time. Monday through Friday from 8 : 45 AM to 5 : 00 PM, with overtime on weekdays and occasional overtime on weekends.

Pay Scale Group & Hiring Zone :

USW Pay Band 14 $90,056. with an annual step progression to a maximum of $115,169. 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.

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] .

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