Manager, Cost Control

Job title:

Manager, Cost Control

Company

Metrolinx

Job description

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.Come join a team that will deliver a multi-billion-dollar capital program that will transform the regional rail network with electrification, more frequent service, shorter journey times and a more modernized system for the Greater Toronto and Hamilton Region. Reporting to the Senior Manager, the Manager, Capital Cost Controls, will be both hands-on and lead a team of cost controllers and project accountants to ensure the overall project cost management functions including budgeting, forecasting and controlling costs throughout the project lifecycle for the Bowmanville Extension Capital program.What will I be doing?

• 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.
• 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.

What Skills and Qualifications Do I Need?

• Completion of a degree in Construction Management, Finance, Engineering, Business Administration or a related discipline – or a combination of education, training and experience deemed equivalent.
• Demonstrated years of progressive experience leading financial accounting, cost control, risk management and reporting principles and practices in large, complex multi-billion dollar and multi-project construction and infrastructure environments. Exposure to different delivery models including Alliance, Progressive Design Build Finance Maintain, Construction Management at Risk.
• A recognized accounting designation (CA/CPA) or Cost Control Professional (CCP) is considered an asset.
• 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.
• Experience with project management and cost management systems (e.g Ecosys, Unifier, Primavera P6).

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 .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 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.#LI-SC1

Expected salary

Location

Canada

Job date

Sun, 08 Dec 2024 03:21:15 GMT

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