Senior Property Acquisitions Controls Officer
Senior Property Acquisitions Controls Officer
Posted on :
03-10-2025
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1 Vacancy
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Job Description
Description
Our Property Acquisition Office under the Capital Projects Group is seeking a Senior Property Acquisitions Control Officer to join our team. This position is responsible to process the final settlement of property acquisition transactions to ensure timely payment avoiding interest penalties and other costs. Working closely with partners across various teams in Metrolinx and multiple municipalities to effectively complete the expropriation process.
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.
CPGs workforce is made up of driven and dedicated professionals who care deeply about working together to deliver infrastructure and make a positive impact in our communities. Join us as we build a knowledgeable and collaborative team that courageously changes how transit projects will be delivered.
Our Property Acquisition Office under the Capital Projects Group is seeking a Senior Property Acquisitions Control Officer to join our team. This position is responsible to process the final settlement of property acquisition transactions to ensure timely payment avoiding interest penalties and other costs. Working closely with partners across various teams in Metrolinx and multiple municipalities to effectively complete the expropriation process.
What will I be doing
- Review approval submission memos and project budget tables for each settlement to ensure approvals and sufficient funding are in place.
- Prepare proforma packages on an ad-hoc basis for property acquisitions.
- Oversee timely and accurate processing of property acquisition related invoices.
- Ensure completeness of expropriation documentation for each settlement with soft and hard copies filed in the appropriate folders in the Electronic Document filing system for records retention.
- Track variances to budget and accruals as part of updating the acquisition status for senior management reporting.
- Manages the close-out and year-end phase of projects property acquisitions ensuring all the terms and conditions of contracts have been met and that payments due have been processed.
- Identifies assesses and recommends solutions for financial issues that impact property acquisitions and / or real estate related contracts.
- Provides Manager Property Acquisitions and property acquisitions teams with financial analysis and associated financial reporting and metrics as required. Leads the analysis and delivery of financial reporting for the divisions budgetary commitments and individual capital projects by reconciling costs accrued forecasting expenditures and identifying variances.
- Works to ensure transparency and identify processes for improvement and helps implement measures to rectify deficiencies in process protocol and procedures.
- Manages the overall contract and internal payments functions for property acquisitions and acts as the final gate keeper before payments are released to contractors by ensuring compliance with contractual agreements and budget allocations to reduce financial risks and potential for large financial errors.
What Skills and Qualifications Do I Need
- Completion of a diploma or degree in Business Administration Real Estate Accounting or Finance or a related discipline or a combination of education training and experience deemed equivalent
- Demonstrated experience in real estate property administration finance or contract management preferably within a real estate environment or transit infrastructure or engineering environment.
- Demonstrated strong attention to detail and ability to check and audit transactions.
- Strong knowledge and direct experience in real estate transactions (acquisitions dispositions leasing asset management); reading and interpreting legal contracts (ie purchase and sale agreements lease agreements).
- Prior experience with property accounting financial analysis and reporting principles and practices in large complex multi-billion dollar and multi-project construction and infrastructure environments.
- Knowledge of budget project scheduling forecasts property closings contract administration and documentation.
- Experience in using systems and applications such as Primavera Contract Manager Oracle Unifier Hyperion Ecosys GIS Power BI MS Project Visio Word PowerPoint or similar.
Dont Meet Every Requirement
If youre excited about working with Metrolinx but your past experience doesnt 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: or email.
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.
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
Required Experience:
Senior IC
Employment Type
Full-Time
Key Skills
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