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 Deputy Chief Financial Officer’s (CFO) Office is looking for seven (7) Co-op Students to provide support within the various Finance teams. The Co-op Students will work with internal and external stakeholders to provide administrative support, create presentations, maintain systems, and recommend improvements to processes.

We have Deputy CFO Office Co-op roles available in the following areas:

Accounting (1 vacancy)
Corporate Finance (1 vacancy)
Financial Planning & Analysis (1 vacancy)
Payments Finance (1 vacancy)
Asset Management & Maintenance (AMM) (1 vacancy)
Operations – GO/UP (2 vacancy)

A description of the areas are as follows:

Accounting: The Accounting team leads the month end close processes which facilitates the preparation of the quarterly balance sheet and annual financial statements for Senior Management, Board of Directors and our stakeholders such as the Ministry of Transportation and the Province of Ontario. The team activities include coordinating the assurance work with external auditors, Accounts Payable, Accounts Receivable, and the General Ledger accounting and analysis, statutory financial reporting ensuring compliance with corporate policies and generally accepted accounting policies (GAAP) and tax compliance.

Embedded Finance (Corporate Finance, Payments Finance, Operations GO/UP, and Asset Management & Maintenance): The Embedded Finance Team works along side the departments as a trusted business partner and is crucial in advancing the financial strategies, goals and decisions of the departments. Through active involvement, it provides well-informed financial guidance and support to enable the departments to achieve its financial goals. The teams support operating and capital financial portfolios and financial asset management functions. This includes capital budgeting/forecasting, financial reporting and insights to drive effective business decisions, asset classes on memo development, and capital funding strategy development.

Financial Planning & Analysis:

The FP&A team plays a pivotal role in ensuring that Metrolinx is meeting its financial objectives to deliver its growing programs, while adhering to government policy and legislative requirements. The team provides analytical support to senior management and the Embedded Finance teams to enable effective data-driven decisions. This includes development of Metrolinx’s operating budget, monthly Business Performance Review report, quarterly forecasts, Metrolinx’s public-facing Business Plan as well as the Management Discussion and Analysis section of the Annual Report. The team also manages the Oracle Hyperion application, and builds Power BI dashboards to meet analytics requests and track the organization’s financial performance.

What will I be doing?

Support business case financial modeling for various business intake projects and initiatives with a view to monitor and manage costs and inform performance management activities
Assist with ad-hoc deliverables and projects that may involve developing worksheet templates for analyses, updating process documentation/manuals, preparing PowerPoint slides, and working with various cross functional teams on initiatives.
Help produce daily/weekly/monthly operational documentation and reports, as assigned
Help and support to staff in a variety of areas, including gathering, inputting, organizing, and interpreting data for reports/presentations/meetings/projects
Prepare agendas, coordinate, attend, and take minutes for daily technical/operational meetings
Support gathering audit evidence in the external auditor’s portal
Maintain and update electronic and hardcopy filing systems and provides record management services
Recommend improvements to existing processes and procedures to achieve greater efficiency
Assist with the maintenance, development, monitoring and reporting of tools and systems for data analysis
Develop spreadsheets, forms, and databases to input, track, store and retrieve data
Present key findings to team members and management as required

What Skills and Qualifications Do I Need?

Must be enrolled in a full-time accredited co-op program in order to be considered for this position.
Must be at least 15 years of age before starting employment
Enrolled full-time in Finance, Economics, Accounting or Business at a post-secondary institution or a similar program at a post-secondary institution. Working towards CPA designation would be an asset.
Passion for working in Finance is preferred
Strong written, oral communication and interpersonal skills are required
Competence in software such as Power BI and Microsoft Office, especially Excel
Ability to work independently and in a team setting
A willingness to learn while being exposed to all aspects of Finance

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 [email protected].

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.

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-MM3

Co-op Student

Deputy Chief Financial Officer’s Office

Metrolinx