Job Description
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.
The Analyst, Funding and Financing, analyzes financial architecture and metric to conduct financial model development, effectively manage and coordinate long term financial forecast and cashflow controls and support funding contribution agreement development and administration and to establish procedures that are consistent with Federal, Provincial, Municipal and Metrolinx policy and good business practices.
What will I be doing?
- Analyzes financial architecture, metric, model, and policies to develop, manage and coordinate financial analysis, forecast and cashflow controls, contract/funding agreement development and administration, and establish related procedures and processes that are consistent with government & Metrolinx policy and good business practices, including:
- Monitoring and improving the existing financial models and assisting the leadership to develop new models according to business needs
- Gathering and compiling financial data and information related to complex projects to forecast financial impacts.
- Analyzing financial policy and existing ERP system/module efficiency and assisting with the development of new system/module if required.
- Leading resource coordination, early warning identification, and making recommendations to management
- Supporting financial testing reviews of the system design and reports (e.g. transaction flows, analytical charts, data metric presentation)
- Providing regular updates to manager on project budget, spending, and cashflow status; identifies areas of potential concern
- Preparing senior management level reports to various committees and assist the presentation of the findings.
- Plans, develops, coordinates, and monitors the cashflow of all eligible Federal funded projects by:
- Identifying eligible & ineligible capital expenditures through analysis of contribution agreements, vendor contracts, Purchase Orders and/or internal cost transfers relative to eligible projects and related long term planning.
- Manages structured and non-structured funds and Contribution/Funding Agreements (e.g. Infrastructure Canada, Transport Canada, City of Toronto) and supports agreement development and administration by:
- Assisting in negotiation with Federal & Municipal Governments to develop amendments in Contribution Agreements and/or solutions to problems as they arise
- Providing input to agreement terms and conditions, including project timelines, project scopes, schedules, and monitors related activities, ensuring all agreement terms and conditions have been met
- Participate and assist in funding audits & year-end financial audit
- Maintains relationships with both internal & external vendors to stay current with projects, public announcement & funding progression.
- Analyzes administrative, operational and/or project & funding related processes and procedures, and develops and implements streamlined solutions for identified inefficiencies
- Conducts financial and contract/agreement analyses to maintain adherence to strategy
- Develops processes and procedures that encourage adherence & inter-government/interagency cooperation.
What Skills and Qualifications Do I Need?
- Completion of a post-secondary program in Business Administration, Finance, Commerce, Economics, Public Administration, Political Science– or a combination of education, training and experience deemed equivalent
- Demonstrated years of experience in analyzing financial architecture, financial modeling, financial planning and analysis, administering and negotiating contracts/funding agreements, and project management
- Partial or complete designations in accounting, finance, or project management and previous training, trade certifications, and/or professional designation(s) in a relevant discipline are preferred
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 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-SC1
