POSITION: Senior Financial Analyst
REPORTS TO: Manager, Financial Analysis & Reporting
DEPARTMENT: Finance
LOCATION: North Bay
REFERENCE: 800-70-26
SALARY: $97,578 - $114,790
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 Senior Financial Analyst is responsible for preparing, monitoring, and reporting financial and statistical information to support both internal and external stakeholders. This role ensures Cost Centre Managers and Executives receive timely, accurate financial insights, while also supporting executive meetings with analysis, presentations, and strategic input.
MAJOR DUTIES/ RESPONSIBILITIES:
Review monthly divisional statements and consolidate quarterly forecasts.
Analyze major revenue and expense items to ensure proper cut-offs, accruals, and budget alignment; provide variance commentary to managers.
Monitor revenue trends and ensure forecasts reflect current patterns.
Identify significant variances and trends; escalate to Financial Analysts as needed.
Attend executive meetings; prepare presentations, summaries, and speaking notes; contribute insights on variances and operational issues.
Import data and manage change requests in the ERP system.
Prepare training materials and support onboarding of new managers and supervisors.
Prepare allocations for quarterly, year-end, and business planning reports.
Ensure divisional allocations are current and reflect operational cost drivers.
Support collective bargaining with data analysis and agreement-specific insights.
Assist with invoice creation and work order setup for various projects.
Meet with external clients and assist in bid preparation to secure new business.
Provide financial data and reports to support MTO and internal management.
Allocate cost centers and GL structures for new business items.
Provide insights on new business trends and support bid preparation.
Analyze and recommend actions for “what-if” scenarios and government projects.
Monitor results using budgeting and forecasting tools.
Support implementation of financial improvement processes (e.g., cost models, business cases).
Proactively identify and resolve financial issues.
Participate in operational and external work meetings to identify costing needs.
Pull and analyze overtime reports to support divisional management.
Assist in preparing business cases and FTE justifications.
Run quarterly KPI reports to assess divisional performance.
REQUIREMENTS:
University degree in Finance, Accounting, Commerce or related field of study
CPA designation is required
Minimum of 4 years of experience in a Financial Analyst or similar role
Strong knowledge of generally accepted accounting and audit principles, practices and methodologies
Understanding and familiarity with Public Sector Accounting Board (PSAB) standards and accounting, budget and reporting practices
Ability to research, analyze and develop recommendations and accounting policies
Demonstrated experience managing accounting projects and delivering high-quality work within deadlines
Proficiency with MS office applications, with demonstrated expertise in Excel
AS400/Infinium and Sequel or other “query” based computer software training are a definite asset
Excellent oral and written communication skills, with strong problem-solving abilities
Effective interpersonal and leadership skills
Ability to work both independently and in a team oriented, collaborative environment
Evaluates, synthesizes and interrelates information from internal and external sources when solving problems and making decisions
Knowledge of Rail, Motor Coach, and Remanufacturing industries is an asset
Commitment to health and safety
BACKGROUND INVESTIGATION: The successful candidate will need to pass the following clearances: criminal record check, employment references and education verification.
CLOSING DATE: June 16, 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: https://www.ontarionorthland.ca/en/careers
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 1-800-363-7512, poste 394 pour plus de renseignements.
