Senior Manager, Financial Analysis and Reporting

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 DCFO Office, Financial Planning Analysis and Reporting team is looking for a Senior Manager. This incumbent provides leadership in the development, delivery and management of the Metrolinx quarterly operating forecast, monthly business performance results, and strategic objectives, enabling Metrolinx to achieve its strategic objectives within its multi-billion operating budget allocation. Oversees the advancement and management of the management reporting systems, used organization-wide for Budgeting, Forecasting and Reporting.

Champions the advancement of financial analytics within the organization through data exploration, data visualization and the design of self-service analytical models to enhance management decision support.

What will I be doing?

Oversees the monthly Business Performance Reporting for the organization which measures the achievement of financial results and key performance indicators underpinning the organization’s Strategic Objectives. Introduces innovative financial performance targets to drive senior leadership and organization behaviour (. Strategic Objective P&L reporting to Operating Units to promote senior management challenge of resource allocation across the organization).

Leads quarterly forecasts for the organization, holding challenge functions to ensure opportunities are appropriately assessed and quantified, and developing a strategic approach to balancing the forecast through risk evaluation and mitigation.

Leads the financial analysis and reporting team providing oversight and direction on the collection and interpretation of data for the analyses and reports, the type of information to included in the presentation and reports, the level of sophistication of the target audience and works to resolve any issues the team may have in delivering the analysis and reports.

Leads financial cost modelling and analyses at the organization level providing leadership, guidance and standardization of approaches to complex and high-profile areas (. Labour vacancy savings targets, labour capitalization and burden modelling)

Provides strategic advice and leadership on the evolution of a forecasting and reporting culture within Metrolinx to drive cost control behaviour which optimizes resource management and continuously looks for cost efficiencies to meet our strategic objectives.

Oversees the advancement and ongoing management of the Hyperion Planning System, (and One Stream once implemented) used for the organization’s multi-year operating budget, the quarterly forecast, and financial analysis and reporting

Builds collaborative relationships with business units in the development of their labour budgets for workforce planning, their operating budgets and forecasts as well as providing a high level of expertise and advice on labour capitalization modelling as well as other relevant financial policies and procedures.

Advances new innovative financial analytics and data visualization techniques to support superior financial decision-making organization-wide.

Leads a team of managers and senior financial analysts non-bargaining unit staff members

Demonstrates leadership and core competencies

Provides leadership oversight and direction to staff and project teams (. defining team member roles, responsibilities, and expectations); delivers timely feedback to ensure a cohesive operational unit and the optimum use of team skills; manages staff and monitors work assignments to ensure adherence to timelines; monitors the achievement of performance objectives; develops and implements action plans to address performance…