Financial Analyst

2 weeks ago

Thunder Bay, Ontario, Canada Ontario Northland Full time
POSITION: Financial Analyst – Capital
REPORTS TO: Manager, Capital Reporting
DEPARTMENT: Finance
LOCATION: North Bay
REFERENCE: B-26
SALARY: $88,868 – $104,546

WHO WE ARE:
Ontario Northland Transportation Commission (ONTC) is an Agency of the Province of Ontario that provides efficient and vital transportation services. We are a modern, forward-thinking organization focused on providing safe and reliable transportation services. ONTC has a rich history of over 120 years and strong connections to the communities we serve. With over 1000 skilled professionals, we work together to enhance transportation services and ensure that they are sustainable for future generations. We offer a dynamic workplace culture, along with a competitive salary, excellent benefit package, a defined benefit pension plan, paid vacation, paid personal leave days and discounted transportation on our bus and passenger rail services.

ACCOUNTABILITY STATEMENT:
The Financial Analyst is responsible for preparing, monitoring, and reporting financial and statistical data for both internal and external stakeholders. This role ensures that Managers and Executives receive timely, accurate financial information to support informed decision-making.

MAJOR DUTIES/ RESPONSIBILITIES:
  • Prepare monthly divisional financial statements.
  • Monitor and report month-to-month fluctuations and budget-to-actual variances to the appropriate manager.
  • Analyze monthly costs to ensure alignment with PSAB rules; reallocate expenses as needed.
  • Prepare monthly and quarterly budget-to-actual variance reports for Project Manager review.
  • Monitor capital project expenditures to ensure proper classification as capital or operating.
  • Collaborate with Capital Project Managers to update monthly forecasts and projected spending.
  • Assist with capital charters, closures, and requests for additional funding.
  • Investigate actual expenditures and support forecasting efforts.
  • Research potential funding opportunities.
  • Prepare documentation for the Capital Asset Management Plan (CAMP), including historical plans, Ministry expectations, and consultation outcomes.
  • Meet with Capital Project Managers to review CAMP and discuss potential changes.
  • Manage the Fixed Asset Ledger, including calculating and recording new fixed assets, processing depreciation journals, retiring obsolete assets, investigating asset discrepancies, and conducting fixed asset counts.
  • Manage bi-weekly invoicing and respond to expenditure-related inquiries.
  • Conduct analysis projects such as historical trends and future spending projections.
  • Develop and maintain financial procedures and documentation.
REQUIREMENTS:
  • University degree in Business Administration or related discipline or an equivalent combination of education and experience.
  • 2-3 years of experience as a Financial Analyst or similar role.
  • CPA designation required (or pursuing)
  • Knowledge of accounting practices
  • Must possess strong computer skills
  • Experience needed in downloading and manipulating data
  • AS400/Infinium and Sequel or other "query" based computer software training are a definite asset
  • Strong oral and written communication skills, with a proven ability to solve problems effectively
  • Excellent time management skills and ability to meet strict deadlines
  • Demonstrated interpersonal and leadership abilities
  • Strategic and critical thinker with sound judgment
  • Comfortable working independently and collaboratively within a team environment
  • Skilled at evaluating and synthesizing information from various sources to support decision-making
  • Committed to upholding company health and safety standards
BACKGROUND INVESTIGATION: The successful candidate will need to pass the following clearances: criminal record check, employment references and education verification.

CLOSING DATE: November 30, 2025, no later than 11:59 p.m. We thank all applicants for their interest; however, only those selected for an interview will be contacted. Qualified individuals are invited to apply in writing with a current covering letter and resume (provided in one document), stating reference name and number. Visit our career website to apply:

At Ontario Northland, we are committed to employment equity. We value the unique skills and experiences each person brings to Ontario Northland and invite all interested individuals to apply and encourage applications from Indigenous peoples, racialized persons, women, persons with disabilities, and persons who identify as 2SLGBTQIA .

Ontario Northland will provide accommodation to ensure barrier-free employment in accordance with the Canadian Human Rights Act and the Accessibility for Ontarians with Disabilities Act. You can request accommodation at any stage of the hiring process. If you require an accommodation, please contact Human Resources.

Les offres d'emploi sont également disponibles en français. Visitez notre site Web sur les carrières ou appelez le , poste 394 pour plus de renseignements.

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