Senior Financial Analyst, Corporate Finance

Employee Status: Regular
Bargaining Unit: Non-Union
Pay Range: $88,758 – $120,634
Location: 20 Bay Street, Toronto
Closing Date: 29-Apr-2024

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.

Our Financial Planning & Analysis office is seeking a Senior Financial Analyst to provide financially informed analytical support to assigned divisions; understand the financial and accounting impact of business processes (e.g., audit, legal, and reporting requirements) to evaluate current and future business activities and deliver timely and accurate accounting and operational excellence.

What will I be doing?

• Provides finance forecasting and reports (e.g., variance and cost-recovery analysis, reconciliation of accounts), prepares entries, and takes corrective action.
• Conducts financial analyses in support of the business operations in the assigned division, using proper accounting treatment; provides subject matter expertise in analyzing and responding to inquiries and solving complex problems.
• Determines the financial impact/ROI of revenue initiatives/ strategic business decisions and incorporate the impacts into future financial forecasts/plans.
• Creates and applies reporting templates, financial models, and automated processes to meet legal and corporate standards, including meeting deadlines.
• Assesses the implications of new processes, systems, and projects from an accounting perspective, (e.g., detecting defects, limitations, cost-benefit implications, and risks prior to implementation)
• Provides subject matter expertise to non-finance business leaders, partners, and committee members, assists in interpretation of financial data for decision-making and provides commentary.
• 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.
• Exercises due diligence in monthly management and reporting, independently and when part of a project delivery team to reduce financial, legal, and reputational risks.
• Guides and mentors other financial professionals on the team; establishing policies and procedures for analysis and reporting and reviewing their work.

What Skills and Qualifications Do I Need?

• Completion of a degree in Accounting, Finance, Economics, Commerce, or related field – or a combination of education, training and experience deemed equivalent.
• Professional designation or advanced degree (CPA, CFA, MBA, or similar) would be an asset.
• Demonstrated progressive experience as a financial analyst.
• Experience with Canadian Generally Accepted Accounting Principles (GAAP) principles.
• 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).
• MS Office (Outlook, Word, Excel, PowerPoint, etc.) and Hyperion.
• Interpersonal and oral/written/presentation communication skills to develop and present commentary, reports, and presentations on financial analysis to senior management to aid decision-making.

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:

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. Should it be determined that any background information provided be misleading, inaccurate or incorrect, Metrolinx reserves the right to discontinue with the consideration of your application.

To apply for this position, please submit your resume online through the Current Opportunities page.

We thank all applicants for their interest, however, only those selected for further consideration will be contacted.

WE ARE AN EQUITABLE AND INCLUSIVE EMPLOYER.