Senior Cost Controller -Specialized delivery & Union Station

Metrolinx; Ontario; On-site; CAD 120,000 - 160,000; Full time

Job summary

Metrolinx is seeking a Senior Cost Controller to manage financial oversight for capital projects. This role focuses on implementing cost control processes and requires collaboration with cross-functional teams to manage project risks and budgets. Ideal candidates will have experience in financial analysis and construction environments.

Qualifications

• Completion of a degree in relevant discipline or equivalent experience.
• Experience in financial accounting, cost control, and reporting in construction is desirable.
• Demonstrated influencing skills to communicate with senior management.

Responsibilities

• Develop cost control systems and operational procedures for capital projects.
• Conduct variance analysis on project components and present findings.
• Implement financial risk management strategies for multi-billion dollar projects.

Skills

Financial Analysis

Cost Control

Risk Management

Education

Degree in Finance, Engineering, or Business Administration

Certified Cost Professional (CCP)

Job description

Senior Cost Controller -Specialized delivery & Union Station

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Senior Cost Controller -Specialized delivery & Union Station

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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.

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.

Reporting to the Manager, Cost Controls within the Capital Finance Department, the Senior Project Cost Controller will play a key role in supporting both the Project Delivery and Capital Finance teams. This role focuses on project-level financial oversight — distinct from corporate finance functions — by providing accurate, actionable cost information to enable effective project management and decision-making. The Senior Project Cost Controller will be accountable for implementing robust cost control processes, including validation of Actual Costs (AC), preparation of Estimate at Completion (EAC) figures, and other cost-related reporting, based on inputs from the Project Delivery Team. This position requires close collaboration with cross-functional teams to ensure real-time cost tracking, forecasting, and alignment with project schedules, scope changes, and emerging risks.

What will I be doing?

• Develops and implements internal cost control systems, operational procedures and reporting systems to control the flow of funds for capital projects in accordance with Metrolinx financial policies and procedures.
• Develops and implements financial risk management strategies and controls to mitigate financial risk and exposure on multi-year multi-billion-dollar capital projects.
• Leads continuous financial reporting with accurate and timely information of budget, commitments, forecast, trends, variances, progress, performance, risk and opportunity, contingency, and cash flow. Conducts ongoing analysis of project risks during execution, working closely with PDT, Cost Control Manager and PMO Leads to optimize contingency strategies.
• Establishes financial and performance metrics, reports on and presents performance measures and financial information to management as well as Metrolinx Finance services on all capital projects including issues, discrepancies, and potential risks.
• Conduct variance analysis on project components and provide feedback on regular/adhoc basis.
• Understand different stakeholder (project delivery team) and team member priorities and adapt how we support them accordingly.
  
  
  

What Skills and Qualifications Do I Need?

• Completion of a degree in Finance, Engineering, Business Administration or a related discipline – or a combination of education, training and experience deemed equivalent.
• A Certified Cost Professional (CCP) designation and/or arecognized accounting designation (CA/CPA) are considered an asset.
• Demonstrated years' progressive experience in financial accounting, cost control and reporting functions in a construction environment.
• Experience in and knowledge of accounting, financial analysis, controllership, risk management and reporting principles and practices in large, complex multi-billion dollar and multi-project construction and infrastructure environments.
• Quality assurance principles and practices and audit processes to analyze financial data and formulate conclusions and recommendations.
• Governance and accountability, quality management systems and risk mitigation strategies to use a risk assessment lens to identify and address risks, issues and accounting implications for the project baseline.
• Influencing skills to convince senior management, colleagues, clients and vendors of the need to adhere to financial/cost control processes.
  
  
  

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 [e-mail] .

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.

For Internal applicants, with the recent implementation of the Internal Mobility Policy, the internal recruitment process has changed for non-union roles. Candidates must be in their current role for 12 months prior to applying for another role and each applicant must be in good standing (not participating in a Performance Improvement Plan). Please review all provisions of the policy before submitting your application.

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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Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

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