Manager, Cost Control (OnCorr)

Metrolinx

5h

About The Position

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.
Join a high-performing, forward-thinking team delivering a once-in-a-generation, multi-billion-dollar capital program that will transform regional rail across the Greater Toronto and Hamilton Area. From network electrification to more frequent service, shorter travel times, and a fully modernized system - this is transit transformation at scale.
Reporting to the Senior Manager, the Manager, Capital Cost Control will play a hands-on leadership role, guiding a team of cost controllers and project accountants. You’ll be at the centre of major infrastructure delivery, driving excellence in budgeting, forecasting, and cost control across the full project lifecycle for the Specialized Delivery, Lakeshore, and USRC projects.

Requirements

• Completion of a degree in Business Administration, Construction Management, Engineering, Accounting or a related discipline – or a combination of education, training and experience deemed equivalent.
• Demonstrated progressive 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 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.
• Knowledge and experience in accounting, financial analysis, controllership, risk management and reporting principles and practices in large, complex multi-billion dollar and multi-project construction and infrastructure environment.
• 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.

Nice To Haves

• A recognized accounting designation (CPA/CA/CMA/CGA), Certification from Association for the Advancement of Cost Engineering (AACE), Project Management Professional (PMP) Certification or Certified Cost Professional (CCP) is/are considered an asset.
• Experience with project management and cost management systems (e.g Ecosys, Unifier, Primavera P6) is an asset.

Responsibilities

• Monitors and report on costs against approved 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. Analyze variances, identify risks, and recommend mitigation strategies to senior leadership and project stakeholders.
• Lead and develop a high-performing team of Project Financial Control Officers and Cost Controllers, fostering a culture of accountability, financial discipline, and continuous learning.
• Leads continuous cost reporting with accurate and timely information of budget, commitments, forecast, trends, variances, progress, performance, risk and opportunity, contingency, and cashflow. Conducts ongoing analysis of project risks during execution, working closely with Program Management Office Leads to optimize contingency strategies.
• Develops, implements and maintains 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.
• Provides advice to Project Control Directors and other stakeholders across the business in all matters related to cost control systems and procedures to achieve on-time and on-budget goals.
• Builds collaborative relationships with senior organizational leadership and gains trust with stakeholders (e.g. customers, other business units) to foster good relations, gain support, develop resources, drive results, realize project outcomes, manage conflicts, and represent the needs of customers, stakeholders, operations, and maintenance.
• Leads the development and presentation of materials to a variety of internal and external audiences to engage staff/stakeholders and promote further awareness and buy-in of Metrolinx objectives and the Metrolinx five-year strategy.
• Creates a working environment that is aligned with the organization’s desire to be a “best company to work for”, ensuring that people resources possess the required skills, are properly aligned, and are provided with the resources to do the job.

What This Job Offers

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