Manager, Project Cost Control (Manager, Capital Cost Controls Project Subways)

Metrolinx - Toronto, ON (30+ days ago)

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Manager, Project Cost Control (Manager, Capital Cost Controls Project Subways) - (CAP001D)
Employee Status: Regular
Office Name: 130 Adelaide St W

$107,540 – 140,610 per annum

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.

Supporting our new and exciting Subways program, the Manger, Project Cost Control leads and ensures the overall cost control, financial integrity and accuracy of financial reporting and forecasting functions for these new major infrastructure projects that the Metrolinx Capital Projects Group is delivering.

Key Responsibilities:
Develops and implements project 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 risk management strategies and controls to mitigate financial risk and exposure on multi-year multi-billion-dollar capital projects
Manages and leads continuous cost 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 Program Management Office Leads to optimize contingency strategies
Monitors costs against agreed-upon budgets, schedules and contractual deliverables within and across large and mission critical projects. Monitors the statistical and trends analysis of contracts and payout of contracts
Leads the review and audit of non-contract costs, labour and expense reports, and submission of adjustments to corporate Finance to ensure complete and accurate information
Provides advice to PMO Leads and embedded cost controllers in all matters related to cost control systems and procedures to achieve on-time and on-budget goals
Leads the provision of financial analysis, expertise, and advice to senior management and project teams regarding project expenses and fiscal matters throughout the lifecycle of these large multiple concurrent multi-billion-dollar infrastructure projects

Location: 130 Adelaide Street West, Toronto


Completion of a degree in Business Administration, Engineering or Accounting or a related discipline - or a combination of education, training and experience deemed equivalent.
Minimum eight (8) years’ progressive experience leading financial accounting and reporting functions in a construction environment
A recognized accounting designation (CA/CPA) is considered an asset
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
Knowledge of Human Resources legislation (e.g. Employment Standards Act, Occupational Health & Safety Act, etc.) to manage and direct employees and contractors, including experience in the application of collective agreement provisions
Quality assurance principles and practices and audit processes to analyze financial data and formulate conclusions and recommendations.
Influencing skills to convince senior management, colleagues, clients and vendors of the need to adhere to financial/cost control processes
Analytical and problem-solving skills to conduct complex and comprehensive financial analysis, assessment and evaluation of financial reporting activities and to identify potentially contentious issues that expose the Metrolinx to risk, and recommend appropriate options
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
Proficiency in MS Office (Word, Excel, PowerPoint, Outlook) and other financial software tools and applications to document and illustrate financial standing and recommendations
Interpersonal and oral/written/presentation skills to represent the Capital Finance Division in dealing with all financial payment and invoice inquiries, to resolve problems; to manage relationships with vendors; to identify and make necessary changes to financial controls, policies and procedures.
To apply for this position, please submit your resume, no later than December 31, 2019.

Please note that applicants must be legally entitled to work in Canada. Accommodation will be provided throughout the hiring process, as required. Applicants must make their needs known in advance.

Please be advised, Metrolinx uses email to communicate with their applicants for open job competitions. It is the applicant’s responsibility to include an updated email address that is checked daily and accepts emails from unknown users. As we send time sensitive correspondence via email (i.e. testing bookings, interview dates), it is imperative that applicants check their email regularly. If we do not hear back from applicants, we will assume that you are no longer interested in the Job Competition and your application will be removed from the Competition. Please be advised that a Criminal Record Search may be required of the successful candidate. Should it be determined that any background information provided be 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.


Closing Date (Period for Applying) - External: 31-Dec-2019