Financial Reporting Analyst

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.

Our Accounting Office is looking for a Financial Reporting Analyst to lead Metrolinx financial reporting ensuring accuracy and compliance with our statutory obligations and accounting policies. This role provides strategic financial analysis and reconciliations to assess and identify issues and recommend risk management strategies to senior management. The role develops and maintains an effective internal control environment over financial results by managing and coordinating key financial and budgetary controls including expenditure analysis, journal entries and reconciliations and risk management strategies to Senior Management.

• As directed, leads the development and implementation of accounting controls and processes to ensure compliance with company financial policies, directives, and regulations.
• Organizes and coordinates the analysis of financial data and reports to evaluate organizational results. Produce reporting packages that include monthly Income Statements and Balance Sheets to support Financial Reporting objectives. Recommends and implements improvements to process to senior management.
• Plans, develops, coordinates, monitors, and executes monthly financial reporting (i.e., closing processes), including in depth analysis of balance sheet accounts. Investigate discrepancies and develops remediation plans to reduce organizational risks and control deficiencies.
• Assesses the accuracy and compliance of withholding taxes, HST and other taxes and ensures timely submission of all returns. Recommends actions for remediation and/or required system changes to ensure accuracy and timeliness of tax filings.
• Collaborates with all stakeholders (e.g., departmental teams, cross functional teams, external partners, and vendors) to establish, maintain, and strengthen relationships, build cross-functional relationships, and liaise with internal departments regarding operational issues or improvements.
• Evaluates and provides expert level advice to senior management on issues related to financial policies and procedures for financial reporting according to GAAP.
• Contact with provincial and federal government agencies, tax authorities, auditors for the purpose of information exchange, collection, and audit activities.
• Acts as a technical and system subject matter expert to assist the business units with questions relating to month end / quarter end / year end.
• Recommends policies and procedures related to management of the accounting and general ledger processes and cost allocation activities.
• Prepares audit schedules and financial statements for internal audits, auditor general inquiries, external audit and other audits as required.

• Completion of a degree in Business Administration, Finance, Accounting, or a related discipline.
• Demonstrated years of experience as a Financial Analyst.
• CPA or similar Accounting Designation preferred.
• In-depth knowledge of accounting principles, accounting procedures, commodity taxes, budgeting, expenditure reporting, financial analysis, internal controls, and key performance indicators.
• Ability to develop and implement financial/accounting controls, including leveraging computer technology.
• Planning and analytical skills, including knowledge necessary to perform quantitative analysis and identify root causes of issues and develop value-added recommendations.
• Proficient in MS Office (Outlook, Excel, Word, etc.) with proficiency in Excel and PowerPoint.
• Excellent communication (oral, verbal and written), with ability to deliver reports, recommendations, and presentations to senior management in a clear, concise, and logical manner.
• Well-developed interpersonal skills to develop effective relationships with business units.
• Experience with a large ERP system is a must. Oracle experience would be considered an asset.
• Working knowledge of Power BI would be considered an asset.
• Ability to prioritize and manage multiple tasks.

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…