Current jobs related to Manager, Financial Modelling - Toronto, Ontario - Toronto Transit Commission (TTC)

  • Senior Manager, Credit Risk Modeling

    2 weeks ago

    Toronto, Ontario, Canada BMO Financial Group Full time

    Job DescriptionJoin BMO Financial Group as a Senior Manager, Credit Risk Modeling, and take on a challenging role that requires advanced analytical expertise. As a key member of our team, you will be responsible for leading the development, validation, and monitoring of credit risk models and strategies for Canadian Personal & Business Banking (P&BB) small...

  • Senior Manager, Credit Risk Modeling

    2 weeks ago

    Toronto, Ontario, Canada BMO Financial Group Full time

    Job DescriptionJoin BMO Financial Group as a Senior Manager, Credit Risk Modeling, and take on a challenging role that requires advanced analytical expertise. As a key member of our team, you will be responsible for leading the development, validation, and monitoring of credit risk models and strategies for Canadian Personal & Business Banking (P&BB) small...

  • Financial Modeling Expert

    5 days ago

    Toronto, Ontario, Canada Vosyn Full time

    Unlock Your Potential in AI FinanceAt Vosyn, we're revolutionizing the world of Artificial Intelligence, and we're looking for a talented Financial Modeling Intern to join our dynamic team. As a key member of our Finance department, you'll have the opportunity to develop and refine complex financial models that drive business decisions and shape the future...

  • Model Validation Expert

    3 weeks ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're seeking a highly skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll play a critical role in developing and supporting the implementation of our risk management framework.About the RoleWe're looking for an individual with a strong background in modeling and risk...

  • Model Validation Expert

    3 weeks ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're seeking a highly skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll play a critical role in developing and supporting the implementation of our risk management framework.About the RoleWe're looking for an individual with a strong background in modeling and risk...

  • Model Validation Expert

    4 weeks ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're looking for a skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll play a critical role in developing and supporting the implementation of our risk management framework.About the RoleWe're seeking an individual with a strong background in modeling and risk management...

  • Model Validation Expert

    4 weeks ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're looking for a skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll play a critical role in developing and supporting the implementation of our risk management framework.About the RoleWe're seeking an individual with a strong background in modeling and risk management...

  • Model Validation Expert

    1 month ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're looking for a highly skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll play a critical role in developing and supporting the implementation of our risk management framework.About the RoleWe're seeking an individual with a strong background in modeling and risk...

  • Model Validation Expert

    1 month ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're looking for a highly skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll play a critical role in developing and supporting the implementation of our risk management framework.About the RoleWe're seeking an individual with a strong background in modeling and risk...

  • Senior Manager Credit Risk Model Validation

    4 weeks ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    Job Title: Senior Manager, Credit Risk Model ValidationBMO Financial Group is seeking a highly skilled and experienced professional to join our Model Risk Management Team as a Senior Manager, Model Risk, Credit Risk. As a Senior Manager in our second-line governance and control, you will play a pivotal role in overseeing the validation of credit risk models,...

  • Senior Manager Credit Risk Model Validation

    4 weeks ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    Job Title: Senior Manager, Credit Risk Model ValidationBMO Financial Group is seeking a highly skilled and experienced professional to join our Model Risk Management Team as a Senior Manager, Model Risk, Credit Risk. As a Senior Manager in our second-line governance and control, you will play a pivotal role in overseeing the validation of credit risk models,...

  • Model Validation Expert

    7 days ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're seeking a highly skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll play a critical role in developing and supporting the implementation of our risk management framework.About the RoleWe're looking for an individual with a strong background in modeling and risk...

  • Model Validation Expert

    7 days ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're seeking a highly skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll play a critical role in developing and supporting the implementation of our risk management framework.About the RoleWe're looking for an individual with a strong background in modeling and risk...

  • Financial Manager

    3 weeks ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled Financial Manager to join our team at BMO Financial Group. As a Financial Manager, you will be responsible for providing financial guidance and support to our business leaders and teams. You will analyze financial data, develop financial models, and provide recommendations to drive business growth and...

  • Financial Manager

    3 weeks ago

    Old Toronto, Ontario, Canada BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled Financial Manager to join our team at BMO Financial Group. As a Financial Manager, you will be responsible for providing financial guidance and support to our business leaders and teams. You will analyze financial data, develop financial models, and provide recommendations to drive business growth and...

  • Financial Modelling Expert

    2 weeks ago

    Toronto, Ontario, Canada Vosyn Full time

    About the JobWe are seeking a highly skilled Financial Modelling Intern to contribute to a groundbreaking project in Artificial Intelligence (AI). As a key member of our finance team, you will develop and refine financial models that drive business decisions. This is a remote internship with hybrid options in Toronto and Chicago.Key ResponsibilitiesDevelop...

  • Financial Modelling Expert

    2 weeks ago

    Toronto, Ontario, Canada Vosyn Full time

    About the JobWe are seeking a highly skilled Financial Modelling Intern to contribute to a groundbreaking project in Artificial Intelligence (AI). As a key member of our finance team, you will develop and refine financial models that drive business decisions. This is a remote internship with hybrid options in Toronto and Chicago.Key ResponsibilitiesDevelop...

  • Model Validation Expert

    2 months ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    About the RoleWe are seeking a highly skilled Model Validation Expert to join our Risk Management team at Intact Financial Corporation.Key ResponsibilitiesLead the independent validation and vetting of the Canadian internal economic capital model.Communicate the results of model validation activities, model limitations, and uncertainties to key stakeholders...

  • Model Validation Expert

    1 month ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    About the RoleWe are seeking a highly skilled Model Validation Expert to join our Risk Management team at Intact Financial Corporation.Key ResponsibilitiesLead the independent validation and vetting of the Canadian internal economic capital model.Communicate the results of model validation activities, model limitations, and uncertainties to key stakeholders...

  • Model Validation Expert

    2 days ago

    Toronto, Ontario, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're seeking a highly skilled Model Validation Specialist to join our Risk Management team. As a key member of our team, you'll be responsible for leading the independent review, validation, and challenge of our Canadian internal economic capital model. This includes structuring and executing internal model validation and...

Manager, Financial Modelling

3 months ago

Toronto, Ontario, Canada Toronto Transit Commission (TTC) Full time

JOB INFORMATION
Requisition ID: 9818
Number of Vacancies: 1
Department: Financial Planning & Analysis-Operating Financial Modelling & Costing
Salary Information: $118,445.60 - $148,020.60
Pay Scale Group: 11SA
Employment Type: Regular
Weekly Hours: 35, Off Days: Saturday & Sunday Shift: Day
Posted On: August 8, 2024
Last Day to Apply: August 20, 2024
Reports to: Director, Corporate Financial Planning, Budgeting & Analysis

The Toronto Transit Commission (TTC) is North America's third largest transit system and has been recognized as one of the top places to work in the GTA. Guided by a forward-thinking strategic plan, the TTC's vision is to be a transit system that makes Toronto proud. The TTC's recruitment efforts are directly aligned to its mission of providing "a reliable, efficient, and integrated bus, streetcar and subway system that draws its high standards of customer care from our rich traditions of safety, service and courtesy."

Career Opportunity

The Finance department is looking to hire a Manager, Financial Modeling and Costing who will report into the Director, Corporate Financial Planning, Budgeting & Analysis

What You Will Do

As the Manager, Financial Modeling & Costing you will be responsible for the development and application of appropriate costing methods for all applicable scenarios at the TTC and be a key member of TTC's management negotiations team who is actively involved in contract negotiations with the various unions and be responsible for costing management and union proposals.

You will be participating on the Collective Bargaining team as the Financial Lead, which includes and is not limited to:

  • Providing financial advice to the bargaining team
  • Development of and monitoring cost of proposals against the Board approved financial mandate
  • Ensuring the development of cost estimates for management and union proposals. These include items related to:
  • Wage and wage progression
  • Employee benefits
  • Premiums trend analysis and costing

Responsibilities include the development and application of appropriate financial modelling methods to support:

  • Appropriate full cost recovery rates for third-party work done by TTC
  • Appropriate overhead and employee benefit cost allocations
  • Leads and/or supports the development of financial models related to the operating impact of new or future initiatives including changes to subway operating model, new vehicle fleet, facilities or rapid transit lines.
  • Supports any subway upload discussions and analysis by identifying appropriate delineations of operating costs based on Provincial, City or TTC criteria.
  • Identification of incremental vs full cost rates
  • Annual modal costing analysis

Ensures application of best practices to maximize ancillary revenues and cost recovery opportunities including:

  • Review and monitoring of recoverable balances to ensure appropriate follow-up occurs to facilitate advance or prompt collection.
  • Provides advice to management responsible for delivering third-party work and initiatives to ensure work is appropriately estimated, with application of appropriate rates and use of tracking mechanisms

As the Manager, Financial Modeling and Costing you will lead a team of analysts & additional support staff during the collective bargaining negotiations process. Also provide support and guidance to financial or cost analysts throughout the organization.

In addition to the above, you will support diversity, inclusion, and a respectful work and service environment that is free from discrimination and harassment. Helps to remove barriers and accommodate employees and customers (within their area of responsibility) in accordance with TTC's commitments and obligations under the Ontario Human Rights Code (OHRC) and Related Orders, the Accessibility for Ontarians with Disabilities Act (AODA), and TTC's policies and perform other duties as assigned.

What Qualifications Do You Bring?
  • Completion of a University Degree in Business, Commerce Finance or Accounting combined with several years of directly related work experience
  • Possession of a Certified Professional Accountant (CPA) designation is an asset.
  • Ability to lead large and complex costing assignments such as collective bargaining negotiations or operating impacts of major TTC initiatives (e.g. transit expansion).
  • Sound knowledge of financial modelling and cost estimation principles, methods, and techniques, developed through several years of related experience.
  • Ability to identify and support third party billing opportunities, by ensuring required supporting data is collected and available to support all claims in accordance with relevant agreements.
  • Strong ability to identify and articulate incremental and full allocated costs of various initiatives and corporate actions under consideration.
  • Experience working with various collective agreements
  • Proven research, analytical and problem solving skills
  • Exceptional communication and presentation skills, with demonstrated ability to concisely explain essential financial impacts and issues.
  • Experience in leading and developing a team
  • Tactfulness in approach, especially when working with senior management, executive, and City staff.
  • Ability to work in high pressure, time sensitive environments.
  • Strong knowledge of Microsoft Excel formulas and macros to support development of and changes to financial models.
  • Proficiency in use of SAP and respective feeder systems, including work order systems.
  • Knowledge of and demonstrated ability to, apply requirements of accounting standards (Experience specifically with Public Sector standards an asset).
  • Contentiousness to ensure accurate cost capture against appropriate budgets, cost objects and initiatives.
  • Ability to effectively interpret financial data in accordance with contract terms, funding agreements or other factors.
  • Demonstrated experience in leading the implementation of change and continuous improvement initiatives.
  • Must have or rapidly acquire a comprehensive knowledge of the Ontario Human Rights Code and Related Orders including disability accommodation and accessibility requirements pertaining to passengers and employees.
What Skills You Bring .Apply analytical skillsApply accounting principles and practicesCounsel, advise, and coach in the relevant disciplineDemonstrate appropriate and effective interpersonal communications through various mediaDemonstrate knowledge of the industry and / or sectorManage human resourcesPerform relevant mathematical calculations and statistical analysesPlan and organize activities / projects to meet section and organizational goalsUnderstand and apply relevant laws and regulationsUse office technology, software and applicationsWhat We Offer
  • Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging, represents, and reflects the needs of the communities we serve.
  • A flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
  • One of the great benefits of being a full-time TTC employee is becoming a member of TTC defined pension plan.
  • A comprehensive package that covers health, dental, vision and more.
  • Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues' well-being.
Commitment to EDI

The TTC is committed to upholding the values of equity, diversity, anti-racism and inclusion in the delivery of its services and in its workplaces. The TTC is committed to fostering a diverse workforce that is representative of the communities it serves at all levels of the organization, and supports an inclusive environment where diverse employee and community perspectives and experiences bring value to the organization. The TTC encourages applications from all applicants, including members of groups with historical and/or current barriers to equity, including but not limited to, Indigenous, Black and racialized groups, people with disabilities, women and people from the LGBTQIA+ community. The TTC values and supports an inclusive and barrier-free recruitment and selection process. Accommodations for applicants are available upon request throughout the recruitment and selection process, including for those who identify as having a disability. Please contact Talent Management at Any information received related to an accommodation will be addressed confidentially.

The TTC's policy prohibits relatives of current TTC employees from being hired, assigned, transferred or promoted into positions, where there is a conflict of interest due to a relationship. Should you be selected for an interview, you will be required to disclose the name, relationship and position of any relative who is a current TTC employee.

We thank all applicants for their interest but advise only those selected for an interview will be contacted.