Senior Financial Analyst term

12 months temporary opportunity

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.

PRESTO is an electronic transit fare payment system in the Greater Toronto, Hamilton and Ottawa areas that eliminates the need for tickets, passes and cash. PRESTO serves more than 5 million customers across 11 transit agencies and processes over $2.5 billion in fares through 67 million boardings per month (pre-pandemic). Today, PRESTO offers one of the most globally advanced fare payment systems in the world having delivered new ways to pay for customers, including real time PRESTO Contactless with credit and Interac debit and PRESTO in Mobile Wallet across its transit agency clients, including the Toronto Transit Commission (TTC).

Enhancing the customer experience through continuous improvement while working with our transit agency clients to support their needs, and maintaining a system that performs exceptionally, continue to drive PRESTO toward making transit better for all.

Our Payments (PRESTO) Finance Operations Department is looking to hire a Senior Financial Analyst, that will provide financially informed analytical support to assigned projects and initiatives; understands the financial and accounting impact of business processes (e.g. audit, legal, and reporting requirements) to evaluate current and future business activities; and deliver timely and accurate accounting and operational excellence. This position will support the Reconciliation and Exceptions team in a variety of tasks, including general ledger account reconciliation, exception transaction analysis and settlement, month‑end/year‑end closing activities, and ad‑hoc financial analysis.

What will I be doing?

• Conduct, participate in, and oversee daily/weekly/monthly financial reconciliation and reporting processes, and perform various financial analyses in support of the business operations
• Participate in month-end activities including General Ledger account reconciliation and journal entries preparation
• Conduct or participate in complex and comprehensive financial investigations including exception transaction analysis and settlement
• Create and apply reporting templates, financial models and automated processes to meetlegal and corporate standards, including meeting deadlines
• Provide subject matter expertise to support finance operational decisions, including accounting entries, or development of business proposals and business cases as it affects the financial system and operating processes
• Proactively identify incidents/problems and raise them in the appropriate channels toensure they are resolved, and the necessary steps are taken to prevent them from reoccurring
• As a senior professional, guide and mentor other financial professionals on the team; establishing policies and procedures for analysis and reporting and reviewing their work, as required
• Develop positive relationships to support the transit agencies and the Payments(PRESTO) Finance Operations team with accurate settlement and reconciliation and timely response to inquiries
• Recommend process and control improvements (e.g. automating technology or accounting practices) and provide clear standards…