Senior Financial Analyst, Payments (12 months term role)
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Key details
- Location
- Canada
- Work style
- Onsite
- Level
- Senior
- Job type
- Full-time
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- 6h ago
Skills
About the role
12 months temporary opportunity
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.
- 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 meet legal 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 to ensure 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 of practice, protocols, and direction for internal and external partners
- Work closely with auditors and others, to maintain financial integrity of the business and increase understanding of financial applications, controls, and standards
Coordinate the annual audit of controls (CSAE 3416 Type II Report), conducted by an external auditor, by collecting and reviewing evidence of controls; monitor the effectiveness of controls throughout the year and propose new control
- University degree in Accounting, Finance, Math or Commerce or related discipline
- Designation as a Chartered Professional Accountant (CPA) would be considered an asset
- Demonstrated years’ experience as a financial analyst, primarily within a financial environment following Canadian GAAP principles, investigating variances, performing reconciliations in a high volume and complex transaction environment, completing month-end related activities and working with auditors would be an asset
- Advanced proficiency in MS Excel, MS Word and MS PowerPoint and strong working knowledge of other computer programs and MS Office software (e.g. SQL, Access, Visio)
- Strong attention to detail, time management, organizational and analytical skills; ability to coordinate a number complex projects under pressure to meet schedule and deadline commitments.
Superior interpersonal, oral and written/presentation communication skills
Metrolinx is an equal opportunity employer and committed to a diverse and inclusive workforce. We are also committed to offering reasonable accommodation to job applicants in accordance with applicable legislation. If you require assistance or an accommodation at any point during the hiring process, please contact us at: 416-202-5601 or email hr.recruitment@metrolinx.com.