Project Financial Control Officer (PFCO)
Project Financial Control Officer (PFCO)
Posted on :
04-10-2025
Employer Active
1 Vacancy
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Job Description
Description
#LI-MM3
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.
Provides financial planning project cost control and budget control by managing Ops-RT Finance Capital Budgets. Support Senior Project Financial Control Officers (SPFCOs) and coordinates financial contract and administrative functions of Ops-RT capital projects.
What will I be doing
Functional/Technical
- Support SPFCOs to performs a variety of professional level accounting duties in support of assigned functional area such as accruals account and sub ledger reconciliations cost allocation (coding) and explanation of variance incurred costs vs. budget/forecast.
- Supports SPFCOs to develop maintain and update budget and forecast requests financial reports and dashboards
- Support SPFCOs to maintain balances and reconciles project accounts and records; prepares and maintains accurate project financial records and reports
- Gathers compiles interprets analyzes records tracks and reports financial data and transactions
- Ensures coding of all transactions is correct ensures that proper codes/tasks are set up in Oracle and other financial systems
- Construction in Progress (CIP) capitalization write-off and investigations
- Undertake ad-hoc projects and assignments
Customer/Stakeholder
- Coordinates with other internal disciplines such as Commercial Procurement Capital Finance Controllership Contract Administrator Project Controls and Project Delivery Teams (PDT).
- Work alongside with Senior Project Financial Control Officers
Operational Excellence
- Establishes procedures and processes within the department consistent with company policy and good business practices
- Advises the Senior Project Control Officer of recommendations for policy/process and procedure improvements
- Support the development of Standard Operating Procedures (SOPs) job aids process maps and RACI for procedures and processes.
Financial Stewardship
- Develops monitors and updates long-range capital program plans and budgets
- Monitors and updates the annual and ten-year capital planning budget
- Monitors contract cash flows and forecasts by project coordinators
- Participates in the development of potential financial and schedule alternatives for capital projects
- Support cyclical financial deliverables including month-end year-end quarterly forecast and annual audit requests
What Skills and Qualifications Do I Need
Education: Completion of a degree inAccounting Business Administration Commerce Economics or related discipline or a combination of education training and experience deemed equivalent
Experience: Demonstrated years experience inproject management cost control budget control and/or management
Certifications or Designations: None
Technical Competencies
- Budget project schedule and forecasts construction contract administration negotiations and developing terms and conditions
- Project Management experience would be an asset
- Oral written and presentation skills are essential to generate reports and make presentations to Senior Management or equivalent level
- Experience with Ecosys Unifier and Oracle EBS is an asset
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.
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 policybefore 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
Required Experience:
Unclear Seniority
Employment Type
Full-Time
Key Skills
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