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Metrolinx

Project Financial Control Officer (12 months term role)

20 Bay Street, Toronto, ON, M5J 2W3, Canada

Full-time

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Job details

Job type: Full-time
Posting language: English
Posted: Oct 27, 2026

Original job description

12-month temporary position, with the possibility of extension

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 Project Financial Control Officer provides financial planning, reporting and budget control support to the Lakeshore delivery team. Develops and coordinates financial, contract and administrative functions of engineering projects.

What will I be doing?

Conducts financial and contract analysis to support and maintain adherence to strategy, and develops reports and presentations utilizing analytical findings that support planning and decision-making and address the needs of Senior Management and The Board and support planning and decision-making.
Identifies, assesses, and recommends solutions for financial issues that impact capital and operating projects and / or contracts.
Conducts analyses, and develops reports for Senior Management and The Board.
Provides Corridor Directors and project teams with financial analysis and associated financial reporting and metrics as required. Leads the analysis and delivery of financial reporting for the division's capital commitments and individual capital projects by reconciling costs accrued, forecasting expenditures and identifying variances.
Delivers financial analysis, expertise, and advice to senior management and project teams regarding project payments and fiscal matters through the life of large multiple concurrent multi-billion dollar capital projects.
Provides regular updates to director on budgets and project status, identifies areas of potential concern, and advises director if contractors are in danger of default or non-compliance.
Uses financial and administrative controls and procedures for payments, financial reporting and systems in support of program objectives and within accounting standards and best practices and corporate accounting policies and procedures.
Assists with the management of capital and operating budgets by coordinating program budget information (e.g. variance reports, budget forecasts, activity levels, financial analysis), and preparing capital project budget justifications.
Monitors and controls capital and operating expenditures (e.g. budgeting and forecasting).
Implements a robust accounting control system to ensure consistency in payments, cost accounting and financial reporting of project activities.
Oversees cash flow analysis to identify trends and issues related to funding requests.
Liaises with Contract Administration for the development of accurate monthly cost accruals.
Preparation of budget memo tables, reviewing Estimates At Completion to provide budget adherence recommendations.

What Skills and Qualifications Do I Need?

Completion of a degree in Accounting, Business Administration, Commerce, Economics or related discipline – or a combination of education, training and experience deemed equivalent.
Demonstrated progressive experience in cost control, forecasting, variance analysis, and/or project management.
Experience in a transportation, infrastructure, or transit environment strongly preferred.
Budget, project schedule and forecasts, construction, contract administration, negotiations, and developing terms and conditions.

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:
Metrolinx is an equal opportunity employer and committed to a diverse and inclusive workforce. We are also committed to offering reasonable accommodation to job applicants in accordance with applicable legislation. If you require assistance or an accommodation at any point during the hiring process, please contact 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.

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More about this job

Responsibilities

Provides financial planning, reporting, and budget control support to the Lakeshore delivery team, coordinating financial, contract, and administrative functions for engineering projects. Analyzes project costs, forecasts, budgets, cash flow, and contract performance, and advises project teams and senior leaders on financial risks, payments, and budget adherence.

Requirements

Requires a degree in accounting, business administration, commerce, economics, or a related discipline, or equivalent education, training, and experience. Requires progressive experience in cost control, forecasting, variance analysis, or project management; transportation, infrastructure, or transit experience is strongly preferred.

Skills

Cost Control
Financial Forecasting
Variance Analysis
Project Management
Financial Reporting
Budget Management
Contract Analysis
Cost Accounting
Cash Flow Analysis
Capital Expenditure Control
Operating Budget Control
Contract Administration
Financial Planning
Construction
Negotiation
Accounting Controls

Visa sponsorship

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Keywords

Financial Planning
Financial Reporting
Budget Control
Cost Control
Cost Accruals
Cost Accounting
Forecasting
Variance Analysis
Capital Projects
Operating Budgets
Capital Budgets
Contract Analysis
Contract Administration
Project Payments
Cash Flow Analysis
Estimates At Completion
Budget Justifications
Financial Controls
Accounting Standards
Construction
Transportation Infrastructure
Transit
Engineering Projects
Project Management
Negotiations
Financial Metrics

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