Senior Project Financial Control Officer (Hazel McCallion LRT)
Senior Project Financial Control Officer (Hazel McCallion LRT)
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Job Description
** Please note the secondary location for this role will be based at 110 Matheson Blvd W Mississauga ON
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 Torontos 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.
Come join a dynamic team that will deliver an exciting multi-billion-dollar capital program which will transform the regional rail network with electrification more frequent service shorter journey times and a modernized system for the Greater Toronto and Hamilton Region. Once in service the 18-kilometre Hazel McCallion Line will bring a new environmentally friendly and reliable method of transportation to a rapidly growing region. The Hazel McCallion Line will operate with clean electrically powered light rail vehicles producing near zero to the Manager Capital Cost Control the Senior Project Financial Control Officer will manage and coordinate financial and budgetary controls as well as reporting and accounting functions for the Hazel McCallion project.
- Conducts financial and contract analyses to support and maintain adherence to program strategy and project cost objectives
- 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
- 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 divisions 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 delivery phases of large multiple concurrent multi-billion-dollar capital projects
- Lead periodic accounting processes to help ensure accuracy and completeness of financial records including accruals reconciliations journal entries and variance analysis.
- 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
- 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.
- Implements a robust accounting control system to ensure consistency in payments cost accounting and financial reporting of project activities.
- Monitors and controls capital and operating expenditures (e.g. budgeting and forecasting)
- 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.
- 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
- Completion of a diploma or degree in Business Administration Accounting Finance or a related discipline or a combination of education training and experience deemed equivalent
- Demonstrated experience in finance and/or contract management especially in delivery models like Alliance Progressive Design Build and Construction Management at Risk.
- A recognized accounting designation (CPA/CA/CMA/CGA) 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 with transit and transportation preferred.
- Experience in using project costing systems (eg Ecosys) and Oracle (Unifier EBS)
Required Experience:
Senior IC
Employment Type
Full-Time
