Manager, Capital Cost Control

Metrolinx • Canada,

6d • CA$123,026 - CA$168,886 • Onsite

About The Position

Metrolinx is seeking a Manager, Capital Cost Control to lead a team of cost control analysts in managing a multi-billion-dollar capital program. This role is crucial for ensuring effective cost management across Fixed Assets and Fleet capital portfolios, including budgeting, forecasting, and controlling costs throughout the project lifecycle. The position is based in-office at 20 Bay St and emphasizes collaboration and in-person interaction. The team plays a vital role in transforming the regional rail network through electrification, improved service frequency, and system modernization.

Requirements

• Completion of a degree in Business Administration, Engineering, Finance, Accounting or a related discipline – or a combination of education, training and experience deemed equivalent.
• Demonstrated experience leading cost management processes in large, complex multi-billion dollar, and multi-project construction and infrastructure environments. Exposure to different delivery models including Alliance, Progressive Design Build and Construction Management at Risk.
• Knowledge of HR legislation and collective agreements to effectively manage employees and contractors.
• Expertise in accounting, financial analysis, controllership, risk management, and reporting within large-scale infrastructure projects.
• Strong influencing skills to secure adherence to financial and cost-control processes across stakeholders.
• Advanced analytical and problem-solving skills to conduct comprehensive financial assessments, identify risks, and recommend solutions.
• Understanding of governance, accountability, quality management systems, and risk mitigation strategies to safeguard project baselines.
• Proficiency in MS Office and financial software tools to document and present financial standing and recommendations.
• Excellent interpersonal, communication, and presentation skills to represent Capital Finance, resolve inquiries, manage vendor relationships, and refine financial controls, policies, and procedures.

Nice To Haves

• A recognized accounting designation (CPA/CA/CMA/CGA) is/are considered an asset.
• A recognized designation from PMP or AACE is/are considered an asset.
• Experience with project and cost management systems (e.g., Ecosys, Unifier, Primavera P6) is an asset.

Responsibilities

• Implements and maintains cost control systems and procedures to manage capital project funds in compliance with Metrolinx financial policies.
• Provides advice to Sponsors, Asset Managers, Project Delivery Team (PDT) Leads, Commercial and Procurement teams and key stakeholders in all matters related to cost control systems and procedures to achieve on-time and on-budget goals on multi-billion-dollar infrastructure projects.
• Leads continuous financial reporting with accurate, timely information on budgets, commitments, forecasts, variances, risks, opportunities, contingencies, and cash flow; conducts ongoing risk analysis with Project Delivery Team (PDT) Leads to optimize contingency strategies.
• Develops and reports financial and performance metrics to senior management and Metrolinx Finance, addressing issues and risks; designs and maintains data sources, analytics systems, and dashboards for reporting and forecasting.
• Builds and strengthens working relationships with the CFO, Corporate Controller and Finance Services to ensure financial framework and linkages are established and being implemented for quality financial reporting, accurate payments to vendors in a multi-billion-dollar project environment, and to manage the resolution of cost control issues.
• Implements the training framework to build the skills, knowledge and capabilities of staff, project consultants and third-party partners on cost control policies and process requirements, to develop capital acumen, and achieve financial objectives.
• Manages and develops staff, defining roles and expectations, delivering feedback, monitoring assignments and performance objectives, and implementing action plans to address gaps.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager