Senior Financial Analyst, Rapid Transit - Finance

Canada

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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 Finance Office is seeking a highly motivated and analytical Senior Financial Analyst to establish and support inventory governance, controls, and financial oversight. The successful candidate will provide financially informed analysis and decision support to assigned business divisions, ensuring compliance with accounting standards, audit requirements, legal obligations, and corporate reporting requirements. This role requires a strong understanding of the financial and operational impacts of business processes and activities, with a focus on enhancing inventory management practices, strengthening internal controls, and driving operational excellence through timely, accurate, and insightful financial analysis.

What will I be doing?

Inventory Governance, Controls and Compliance -Establish, maintain, and monitor inventory governance frameworks, internal controls, and risk management processes to ensure compliance with corporate policies, accounting standards, audit requirements, and vendor contracts. Assess existing processes, develop control documentation, recommend improvements, and support governance reporting to senior leadership.

• Inventory Accounting and Financial Stewardship -Provide accounting oversight and technical guidance for inventory related transactions, ensuring the appropriate classification and treatment of inventory, capital assets, impairments, write-offs, and operating expenditures. Review and validate inventory related invoices, reconciliations, and reporting to support accurate financial records and compliance with accounting requirements.
• Inventory Reconciliation and Reporting -Perform and document monthly inventory reconciliations between financial and operational systems, investigate variances, and ensure timely resolution of discrepancies. Develop, maintain, and analyze inventory scorecards, key performance metrics, and reporting to support business decision-making and operational performance.
• Physical Inventory Oversight -Coordinate and support inventory count activities, including cycle counts and annual physical counts. Review count results, assess financial impacts, validate variance explanations, and ensure inventory records accurately reflect physical inventory on hand.
• Audit and Stakeholder Support -Provide analytical support, financial reporting, and subject matter expertise to business partners. Prepare supporting documentation, respond to inventory accounting inquiries, and contribute to presentations, audits, and governance committees.
• Financial Planning, Analysis and Business Partnering -Lead the annual Budget, quarterly Forecast, and long-range planning processes for assigned portfolios, partnering with operational stakeholders to identify risks, opportunities, resource requirements, and cost optimization initiatives.

Financial Reporting and Month-End Close -Lead month-end, quarter-end, and year-end financial close activities for assigned portfolios, ensuring the completeness, accuracy, and timely reporting of financial results. Analyze actual results against budget and forecast, investigate variances, identify key drivers, and provide meaningful…