Financial Analyst

Scarborough Transit Connect; Toronto; On-site; CAD 65,000 - 90,000; Full time

Job summary

A leading transportation firm in Toronto is seeking a Financial Analyst to support financial operations for the Scarborough Subway Extension project. In this role, you'll be responsible for maintaining accurate cost reports, performing reconciliations, and ensuring compliance with financial processes. The ideal candidate will have a degree in Business Administration, 2+ years of relevant experience, and strong analytical skills. This position offers an annual salary between $65,000 and $90,000 along with comprehensive benefits.

Benefits

Comprehensive health and dental benefits

RRSP matching plans

Learning and development opportunities

Health and safety focused environment

Qualifications

• 2+ years of experience in financial accounting, cost management, or project finance.
• Strong foundation in cost management and reconciliations.
• Experience with external or client-facing financial reporting is an asset.

Responsibilities

• Support preparation and maintenance of cost and financial reports.
• Perform cost reconciliations to ensure accurate financial reporting.
• Assist with monthly project invoicing and reconciliation of costs.

Skills

Cost management

Reconciliations

Financial reporting

Analytical skills

Communication skills

Education

Degree in Business Administration, Accounting, Finance

Tools

MS Excel

SAP

Job description

Date: Feb 4, 2026

Location: Scarborough, ON, CA

Operating Sector: Corporate

Position Title: Financial Analyst

Who We Are

STC is a joint venture between Aecon and FCC Canada Ltd. that was selected by Metrolinx to deliver the Scarborough Subway Extension – Stations, Rail and Systems (SSE-SRS) package. The Scarborough Subway Extension will bring the TTC’s Line 2 subway service nearly eight kilometers farther into Scarborough. It will extend from Kennedy Station to Sheppard Avenue and McCowan Road, providing quick and seamless transit for those heading into and out of the downtown core and those travelling within Scarborough. The extension will replace Line 3 (the Scarborough RT), helping to reduce travel times and improve access to jobs, schools, and other key destinations throughout the city.

As part of this project, we are currently looking for a Financial Analyst to join our team. The Financial Analyst operates within established financial systems, processes, and controls and plays a key role in ensuring that financial information is accurate, timely, transparent, and audit‑ready to support effective project delivery and compliance. The role supports the Finance Manager by preparing analysis, reconciliations, and reporting inputs, while final review, judgment, and submission accountability remain with the Finance Manager.

What You Will Do

• Support the preparation and maintenance of cost and financial reports, reconciliations, and supporting schedules required for project reporting and Client submissions.
• Perform cost reconciliations between cost control systems, SAP general ledger, budgets, forecasts, and prior‑period reports to support Finance Manager review and ensure accurate and consistent financial reporting.
• Prepare and maintain unreconciled cost and billing status schedules, identifying variances, timing differences, and outstanding items for Finance Manager review and follow‑up.
• Support cash flow reporting and forecasting by providing analysis of actual versus forecast, billing status, and payment timing.
• Assist with monthly project invoicing, including preparation of billing support schedules and reconciliation of billed versus unbilled costs.
• Support maintenance of the asset registry and fleet reporting, ensuring accurate tracking, classification, and reconciliation of asset‑related costs.
• Validate financial data for correct period recognition, general ledger coding, and activity or network allocation in accordance with project and corporate requirements.
• Assist with month‑end close activities related to project financial reporting, including preparation of reconciliations and supporting documentation.
• Support client, internal, and external audits by compiling reconciliation files, schedules, and audit‑ready documentation under the direction of the Finance Manager.
• Identify recurring issues and support process improvement initiatives to enhance the accuracy, efficiency and consistency of project financial reporting.
• Assist with preparation of periodic and ad‑hoc financial reports as required to support project and management reporting needs.

Experience You Will Bring

• Degree in Business Administration, Accounting, Finance, or an equivalent combination of education, training, and experience.
• 2+ years of experience supporting financial accounting, cost management, or project finance functions, preferably in construction industry.
• Strong foundation in cost management, reconciliations, and financial reporting.
• Experience supporting external or client‑facing financial reporting is an asset.
• Strong analytical and problem‑solving skills with high attention to detail.
• Excellent written and verbal communication skills.
• Ability to manage multiple priorities and meet strict reporting deadlines.
• Proficiency in MS Excel; experience with SAP or similar ERP systems is an asset.
• Ability to work effectively in a matrixed project environment and collaborate with cross‑functional teams.

Why Join Us?

Compensation: $65,000 - $90,000 annually. The listed salary range reflects potential base pay and considers factors such as experience, education, and training. Each candidate is evaluated individually and offers toward the higher end may be extended to those with exceptional qualifications.

• Comprehensive health and dental benefits and RRSP matching plans.
• The opportunity to work on one of the most exciting rail projects in Toronto.
• A wide array of learning and development opportunities.
• A work environment focused on health and safety.

This posting is for a current vacancy and applications are reviewed on a rolling basis.

STC is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of citizenship, race, place of origin, ethnic origin, colour, ancestry, disability, age, creed, sex/pregnancy, family status, marital status, sexual orientation, gender identity, gender expression, and record of offences.

Disclaimer: Some parts of our recruitment process may include AI‑assisted technology to help manage and streamline the process.

When we collect your personal information as part of a job application or offer of employment, we do so in accordance with industry standards and best practices and in compliance with applicable privacy laws.

We are committed to adhering to the objectives and requirements outlined in the Accessibility for Ontarians with Disabilities Act (AODA) and to meeting the accessibility needs of persons with disabilities in a timely manner through the implementation of the requirements of the AODA and its applicable regulations. If you require accommodation under the AODA during any step of the application process, please email us at [e-mail].