Senior Cost Controller

Metrolinx • Canada,

11d • CA$93,798 - CA$127,484 • Onsite

About The Position

Metrolinx is seeking a Senior Cost Controller for a 12-month contract role within its GO Expansion, Preconstruction Office. This position will serve as the cost expert, responsible for all aspects of cost control, forecasting, reporting, and procedures to ensure projects are completed on time and within budget. The Senior Cost Controller will report to the Manager, Cost Controls and will provide essential information to Project Management and the Business Unit for effective project cost management. This role involves implementing robust processes and checks to determine Actual Cost (AC) and Estimate at Completion (EACs), informed by the Project Delivery Team.

Requirements

• Completion of a degree in Finance, Engineering, Business Administration or a related discipline – or a combination of education, training and experience deemed equivalent.
• Minimum eight (8) years' progressive experience in financial accounting, cost control and reporting functions in a construction environment.
• Must have advanced proficiency in Microsoft Excel, including Pivot Tables, Power Query, Power Pivot, VLOOKUP/XLOOKUP, INDEX-MATCH, financial modeling, dashboard creation, data analysis, and reporting automation.
• 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 quality assurance principles and practices and audit processes to analyze financial data and formulate conclusions and recommendations.
• Knowledge of 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.

Nice To Haves

• A recognized accounting designation (CA/CPA) is considered an asset.

Responsibilities

• Develops and implements internal cost control systems, operational procedures, and reporting systems to manage 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 on budget, commitments, forecast, trends, variances, progress, performance, risk and opportunity, contingency, and cash flow.
• Conducts ongoing analysis of project risks during execution, collaborating with the Project Delivery Team (PDT), Cost Control Manager, and PMO Leads to optimize contingency strategies.
• Establishes financial and performance metrics, and reports on and presents performance measures and financial information to management and Metrolinx Finance services for all capital projects, including issues, discrepancies, and potential risks.
• Conducts variance analysis on project components and provides feedback on a regular/ad hoc basis.
• Understands different stakeholder (project delivery team) and team member priorities and adapts support accordingly.
• Provides finance forecasting and reports (e.g., variance and cost-recovery analysis, reconciliation of accounts), prepares entries, and takes corrective action.
• Analyzes and recommends technologies through evaluations, presentations, and analysis for business cases to enhance finance data analytics to meet business objectives and strategies.
• Supports the project team in forecasting Estimate at Completion (EAC) and Forecast to Complete (FTC), and builds bottom-up forecasting models.
• Consolidates and analyzes large datasets from multiple sources, creates user-friendly templates, and builds and maintains complex Excel models to support project cost forecasting and reporting.

Benefits

• Metrolinx is an agency of the Government of Ontario.
• Equity, diversity and inclusion are essential to living our values of serving with passion, thinking forward and playing as a team.
• 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.

What This Job Offers

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