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MetrolinxVerified Job Source

Project Financial Control Officer

The Project Financial Control Officer provides financial planning, reporting, and budget control support for large-scale capital projects. They are responsible for reconciling costs, forecasting expenditures, and advising senior management on fiscal matters and contract compliance.

  • On-site
  • Toronto, ON
  • Posted Aug 26, 2026
  • Apply by Sep 1, 2026
  • 1 position

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Job summary

Contract /Temporary Assignment with ending date of December 1, 2027 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. The Project Financial Control Officer provides financial planning, reporting and budget control support to the Lakeshore delivery team. Develops and coordinates financial, contract and administrative functions of engineering projects. What will I be doing? * Preparation of accrual entries and regular monitoring of CIP accounts for projects. * Identifies, assesses, and recommends solutions for financial issues that impact capital and operating projects and / or contracts. * Provides project teams with financial analysis and associated financial reporting and metrics as required. * Support 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. * Liaises with Contract Administration for the development of accurate monthly cost accruals. * Preparation of budget memo tables, reviewing Estimates at Completion to provide budget adherence recommendations. What Skills and Qualifications Do I Need? * Completion of a degree in Accounting, Business Administration, Commerce, Economics or related discipline – or a combination of education, training and experience deemed equivalent. * Demonstrated experience in project management, cost control, budget control, and/or management. * Experience in transportation, infrastructure, or transit environment is strongly preferred as this is for the Project Subways team. * Budget, project schedule and forecasts, construction, contract administration, negotiations, and developing terms and conditions. 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: Metrolinx is an equal opportunity employer and committed to a diverse and inclusive workforce. We are also committed to offering reasonable accommodation to job applicants in accordance with applicable legislation. If you require assistance or an accommodation at any point during the hiring process, please contact us at: 416-202-5601 or email [email protected]. 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 [https://metrolinx.sharepoint.com/sites/MyLinx-Policy/Manuals/Forms/AllItems.aspx?id=%2Fsites%2FMyLinx%2DPolicy%2FManuals%2FHR%20Policies%20by%20name%2FHR%2D0202%2D17%20Internal%20Career%20Mobility%20Policy%2Epdf&parent=%2Fsites%2FMyLinx%2DPolicy%2FManuals%2FHR%20Policies%20by%20name] 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. #LI-MM3 and #LI-Onsite

What you’ll do

The Project Financial Control Officer provides financial planning, reporting, and budget control support for large-scale capital projects. They are responsible for reconciling costs, forecasting expenditures, and advising senior management on fiscal matters and contract compliance.

Requirements

Candidates must hold a degree in Accounting, Business Administration, Commerce, Economics, or a related discipline. Demonstrated experience in project management, cost control, and budget management within a transportation or infrastructure environment is required.

Listed skills

  • Financial analysisPreferred
  • Project managementPreferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

  • Financial planning
  • Budget control
  • Financial reporting
  • Cost accounting
  • Capital project management
  • Financial analysis
  • Accrual entries
  • Forecasting
  • Contract administration
  • Variance analysis
  • Cash flow analysis
  • Capital commitments
  • Project management
  • Budget justification
  • Fiscal management
  • Variance Reporting
  • Cost Control
  • Financial Controls
  • Project Schedules
  • Cash Flow Analysis
  • Cost Accounting
  • Corporate Accounting
  • Administrative Functions
  • Accounting
  • Standard Accounting Practices
  • Accruals
  • Budgeting
  • Business Administration
  • Internal Controls
  • Management
  • Contract Management
  • Control Systems
  • Economics
  • Payment Systems
  • Financial Analysis
  • Financial Planning
  • Financial Statements
  • Project Management
  • Negotiation
  • Performance Improvement
  • Coordinating

Job areas

  • Finance & Accounting
  • Transportation
  • Government & Public Sector
  • Management & Leadership
  • Construction
  • Project Financial Controller
  • Controller (General)
  • Accountants
  • Treasurers and Controllers
  • Financial Managers

Additional details

Minimum education
Bachelor’s degree
Minimum experience
5+ years
Apply by
Sep 1, 2026
Posting language
English
Working hours
40 hours per week