Senior Project Financial Control Officer (IT)

Job title: Senior Project Financial Control Officer (IT)

Company: Metrolinx

Job description: Metrolinx is connecting communities across the Greater Golden Horseshoe. Metrolinx operates GO Transit and UP Express, as well as the PRESTO fare payment system. We are also building new and improved rapid transit, including GO Expansion, Light Rail Transit routes, and major expansions to Toronto’s subway system, to get people where they need to go, better, faster and easier. Metrolinx is an agency of the Government of Ontario.

We embody our values in everything that we do. We Serve with Passion, Think Forward, and Play as a Team. If you can relate, we want to hear from you!

The I&IT portfolio is seeking a Senior Project Financial Control Officer to manage, and coordinate financial and budgetary controls, in addition to reporting and accounting functions for their capital projects.

What will I be doing?

• Conducts financial and contract analysis to support and maintain adherence to strategy, and develops reports and presentations utilizing analytical findings that support planning and decision- making and address the needs of Senior Management and The Board and support planning and decision-making
• Identifies, assesses, and recommends solutions for financial issues that impact capital and operating projects and / or contracts
• Conducts analyses, and develops reports for Senior Management and The Board
• Provides Corridor Directors and project teams with financial analysis and associated financial reporting and metrics as required. Leads the analysis and delivery of financial reporting for the division’s capital commitments and individual capital projects by reconciling costs accrued, forecasting expenditures and identifying variances.
• Delivers financial analysis, expertise, and advice to senior management and project teams regarding project payments and fiscal matters through the life of large multiple concurrent multi-billion dollar capital projects.
• Provides regular updates to director on budgets and project status, identifies areas of potential concern, and advises director if contractors are in danger of default or non-compliance
• Uses financial and administrative controls and procedures for payments, financial reporting and systems in support of program objectives and within accounting standards and best practices and corporate accounting policies and procedures.
• Assists with the management of capital and operating budgets by coordinating program budget information (e.g. variance reports, budget forecasts, activity levels, financial analysis), and preparing capital project budget justifications
• Monitors and controls capital and operating expenditures (e.g. budgeting and forecasting)
• Implements a robust accounting control system to ensure consistency in payments, cost accounting and financial reporting of project activities
• Oversees cash flow analysis to identify trends and issues related to funding requests.
• Guides others in the performance of their day-to-day activities without direct supervisory responsibility

Qualifications

• Completion of a diploma or degree in Business Administration, Accounting or Finance or a related discipline – or a combination of education, training and experience deemed equivalent
• Minimum six (6) years’ progressive experience in finance and contract management
• CPA or similar Accounting or related designation is an asset
• Knowledge and experience in accounting, financial analysis, and reporting principles and practices in large, complex multi-billion dollar and multi-project construction and infrastructure environments.
• Experience in using Ecosys and Oracle (CM14/Unifier).

Accommodation:

Accommodation will be provided throughout the hiring process, as required. Applicants must make their needs known in advance.

Application Process:

To apply for this position, please submit your resume online through the Current Opportunities page.

All applicants must be legally entitled to work in Canada. Metrolinx will be using email to communicate with you for all job competitions. It is your responsibility to include an updated email address that is checked daily and accepts emails from unknown users. As we send time sensitive correspondence, we recommend that you check your email regularly. If no response is received, we will assume you are no longer interested in pursuing the opportunity. Please be advised that a Criminal Record Check may be required of the successful candidate. Should it be determined that any background information provided be misleading, inaccurate or incorrect, Metrolinx reserves the right to discontinue with the consideration of your application.

We thank all applicants for their interest, however, only those selected for further consideration will be contacted.

AN EQUAL OPPORTUNITY EMPLOYER

Expected salary:

Location: Toronto, ON

Job date: Sun, 07 Feb 2021 08:43:25 GMT