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.

At Metrolinx, equity, diversity and inclusion are essential to living our values of serving with passion, thinking forward and playing as a team.

Working under the direction of the Manager, Capital Cost Controls, Operations Finance the Senior Financial Analyst will consolidate financial budgets and forecasts related to capital costs, ensure integrity of financial data and compliance with budgetary controls, and analyze KPI and variance reports, assist with project budget requests, identify process improvement opportunities, and develop streamlining strategies to implement.

Contract length: 9 months What will I be doing?

• Prepares budget tables for project funding requests
• Develops a strong capex governance to establish a clear, transparent, and consistent process from project initiation to project close out
• Participates in project kick-off meetings and provides guidance on cost capitalization to product owners and project managers
• Validates and consolidates budget and forecast submissions
• Supports both finance and internal clients and provides financial and strategic analyses, reports, commentaries, and financial modelling with focus on project capital costs. Performs project cost reconciliation.
• Analyses variances between budgets/ forecasts and actual costs. Identifies budget shortages and prompts project managers/ product owners to request additional funding.
• Confirms budget availability for commitment requests and validates contract cost capitalization
• Performs month-end and year-end activities as assigned
• Reconcile transactions interfaced from subsystems to Oracle and Ecosys to ensure accuracy and completion.
• Ensures integrity of financial data and corrects posting errors in an expeditious manner
• Leads project close-out process from initiation to completion
• Leads Fixed Assets Status Reviews to ensure accurate records of assets (assets capitalization, valuation, and disposals)
• Implement corporate financial and accounting policies, procedures and controls that adhere to legal, regulatory, and accounting standards
• Develops training material on financial acumen and accounting policies for non-finance business partners
• Evaluates the implications of new processes, systems, and projects from a financial perspective, to include assessment of assumptions, limitations, cost­ benefit analysis, controls, and risks prior to implementation.
• Creates and applies reporting templates and financial models, automates processes to ensure accuracy, improve efficiencies, and to meet corporate standards
• Takes the lead in ad-hoc projects and analyses
• Other duties as assigned

What Skills and Qualifications Do I Need?

• Experience in providing subject matter expertise to non-finance business leaders, partners, and committee members, assisting in interpretation of financial data for decision-making and providing commentary
• Experience in developing and presenting to executive team
• Understands the financial and accounting impact of business processes to evaluate current and future business activities (e.g., audit, legal, and reporting requirements)
• Experience in financial planning and analysis in a larger organization
• Experience with general accounting, month-end and year-end procedures, accruals, and capital assets
• Experience with interpreting complex financial, accounting policies, controlling compliance and drafting accounting white papers
• Experience with ERP, Oracle, and financial planning and reporting systems.

Skills

• Strong strategic and analytical thinking skills
• Ability to perform high quality work under tight timelines
• Highly competent in the use of Microsoft Office, specifically Excel and PowerPoint
• Ability to conduct or take part in financial investigations to ensure meeting or exceeding expectations
• Ability to make recommendations for financial and strategic implication backed by data

Personal Attributes

• Excellent written and oral communications skills
• Ability to work with all levels of staff
• Comfort with complexity and ambiguity
• Ability to quickly learn new concepts and tools

Certification/ Education

• University degree in Business, Finance, or related discipline.
• Chartered Professional Accountant or other accounting designation or working towards the designation.

Other Requirements

• Security Clearance
• Certification/ Education verification

Don’t Meet Every Requirement? If you’re excited about working with Metrolinx but your past experience doesn’t quite align with every qualification of this posting, we encourage you to apply. You just might be the right candidate for this or other roles. We are always looking for great talent to join our team.

We invite all interested individuals to apply and encourage applications from members of equity-deserving communities, including those who identify as Indigenous, Black, racialized, women, people with disabilities, and people with diverse gender identities, expressions and sexual orientations.

Accommodation We value the unique skills and experiences each person brings to Metrolinx and are committed to creating and maintaining an inclusive and accessible environment. We are committed to the requirements of the Accessibility for Ontarians with Disabilities Act so if you require accommodation during the hiring process, please let our Recruitment team know by contacting us at: 416-202-5601 or email hr.recruitment@metrolinx.com .

Application Process 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.

For Internal applicants, with the recent implementation of the Internal Mobility Policy, the internal recruitment process has changed for non-union roles. Candidates must be in their current role for 12 months prior to applying for another role and each applicant must be in good standing (not participating in a Performance Improvement Plan). Please review all provisions of the policy before submitting your application.

Should it be determined that any background information provided is 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.

WE ARE AN EQUITABLE AND INCLUSIVE EMPLOYER.