Senior Financial Analyst
Metrolinx.com
Office
Canada
Full Time
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.
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.
At Metrolinx, equity, diversity and inclusion are essential to living our values of serving with passion, thinking forward and playing as a team.
Our Rapid Transit Finance Team is seeking a Senior Financial Analyst to provide financially informed analytical support to assigned business units; understand the financial and accounting impact of business processes (e.g., audit, legal, and reporting requirements) to evaluate current and future business activities; help develop and implement financial processes for new business lines; perform financial analysis to support funding agreements with third party stakeholders and support the commercial and vendor management team in reviewing contracts, estimates and agreements from a financial perspective.
- Provides financial and strategic analyses, reporting, and the necessary financial modelling with a focus on driving improved results in operational costing, budgeting, and forecast.
- Develops commentary, memos, reports, and presentations on financial and accounting analyses for Senior Management and presents them to aid data-driven decision making.
- Conducts financial analyses in support of business operations using proper accounting treatment, including reviewing month end close entries to ensure integrity of financial data.
- Champions process improvement initiatives and evaluates the implications of new processes, systems, and projects from a financial perspective.
- Creates and applies reporting templates, financial models, and automated processes to meet legal and corporate standards, while meeting deadlines.
- Builds relationships across all levels of the business with an ability to translate complex financial data into easy-to-understand messaging.
- Provides guidance and mentors other finance professionals on the team establishing policies and procedures for analysis and reporting and reviewing their work.
- Provides finance forecasting and reports (e.g. variance and cost-recovery analysis, reconciliation of accounts), prepares entries, and takes corrective action.
- Creates and applies reporting templates, financial models, and automated processes to meet legal and corporate standards, including meeting deadlines.
- Monitors and maps assigned business processes, with particular attention to control and reporting functions; recommends immediate and longer-term changes to ensure the integrity of data and financial information.
- Review and analyze financial implications of contracts, including complex financial models, pricing, payment terms, and financial risks
- Work closely with legal and commercial teams to ensure financial clauses are accurately reflected in new contracts.
- Perform analysis on third party funding agreements in development and report on financial status for implemented funding agreements.
- Completion of a degree in Accounting, Finance, Math, Commerce, or related field – or a combination of education, training and experience deemed equivalent.
- Recognized professional accounting designation (i.e., CPA – CMA, CA, CGA) combined with progressive professional experience in business planning and financial management in a large public or private organization is an asset.
- Demonstrated progressive experience as a financial analyst.
- Experience with Canadian Generally Accepted Accounting Principles (GAAP) and knowledge of Public Sector Accounting Standards are an asset.
- Experience in the application of the principles and practices of operating and capital budget formulation, analysis, evaluation and controls, financial planning/management processes, generally accepted budgeting principles and techniques, and financial systems.
- Knowledge of business practices, financial analysis, and reporting; understands the financial and accounting impact of business processes to evaluate current and future business activities (e.g., audit, legal, and reporting requirements).
- Experience 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.
- Demonstrated experience in budget development, tracking, forecasting, business planning, and reporting, and conducting financial analysis related to resource allocation is an asset.
- Proficiency with financial management systems and computer technology to develop and implement financial/accounting controls and procedures and implement and enhance systems.
- Well-rounded experience with accounting systems, controls, and procedures
- Extensive experience using MS Office (Outlook, Word, Excel, PowerPoint, etc.) software tools.
- Knowledge of enterprise-wide financial, human resources and budgeting system, preferably Hyperion.
- Familiarity with MS Power BI or other dashboarding/reporting tools an asset.
- Highly developed interpersonal and excellent oral/written/presentation communication skills
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.
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