Project Financial Control Officer (12 months term role)

Metrolinx; Toronto; On-site; CAD 110,000 - 150,000; Full time

Job summary

Metrolinx is seeking a Project Financial Control Officer for a 12-month temporary position to support the Lakeshore delivery team with financial planning, reporting and budget control on multi-billion dollar transit projects.

You will perform analyses, develop reports for senior management, monitor budgets and forecast expenditures, and coordinate with contract administration to ensure accuracy and compliance across capital and operating budgets.

Qualifications

• Completion of a degree in Accounting, Business Administration, Commerce, Economics or related discipline.
• Progressive experience in cost control, forecasting, variance analysis, and/or project management.
• Experience in a transportation, infrastructure, or transit environment preferred.

Responsibilities

• Conducts financial and contract analysis to support strategy and reporting for senior management and the Board.
• Identifies and recommends solutions for financial issues impacting capital and operating projects or contracts.
• Develops reports for senior management and the Board with detailed financial metrics.
• Provides financial analysis and reporting for capital commitments and projects, reconciling costs and forecasting expenditures.
• Delivers advice on project payments and fiscal matters throughout large multi-billion dollar capital programs.
• Keeps directors updated on budgets, project status, and compliance with contracts.
• Implements controls for payments, reporting, and systems in line with accounting policies and best practices.
• Assists with budget management by coordinating variance reports, budgets, and justifications.
• Monitors capital and operating expenditures and forecasts to manage spend effectively.
• Oversees cost accruals and cash flow analysis in collaboration with Contract Administration.

Skills

Cost control

Forecasting

Variance analysis

Project management

Transportation environment

Education

Accounting / Business / Economics degree

Job description

Canada

Trending

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.

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 [e-mail].

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Job Info

• Job Identification 117343
• Job Category Accounting and Finance
• Posting Date 10/27/2026, 04:56 PM
• Apply Before 11/06/2026, 04:59 AM
• Job Schedule Full Time
• Locations 20 Bay Street
• Is this a Contract Position? Yes - Long Term Contract