Director, Corporate Financial Planning and Analysis

Career Opportunity

We have a great Senior Leadership opportunity within the Finance Department.

What you will do

You will be responsible for providing strategic leadership and effective management of teams providing corporate financial planning, financial management and control services to senior management and the Board, by leading the planning, development, management, analysis and recommendations of the TTC's multi-year financial plans, annual Operating Budgets, service levels and performance metrics related to TTC and Wheel-Trans. In addition, you will lead the development and application of corporate-level costing, financial modelling and business case analysis to support the organization, including costing of new and emerging initiatives, scenario and options analysis, and collective bargaining with TTC's unions and supports transformational programs, including the TTC's Finance Transformation and SAP Implementation programs.

You will develop corporate operating planning, budgeting and/or funding strategies, policies, directions, guidelines, processes and tactics to be recommended for achieving the strategic priorities of the Corporate Plan, the Board and the City; direct short and long term financial planning analysis and forecasting to inform strategy development, based on external and economic indicators, systemic trends, analysis, sound financial management principles, affordability and service needs; lead the planning, development, launch and management of the operating budgeting process, including related strategies, policies, guidelines, tools, assumptions, schedules, issues resolution, decision-tracking and communications to advise on any key changes from the previous year and collaborate with the Director, Business Partner Support to analyze operating budget submissions, future year Outlooks and business cases; prioritize budget requests based on the Corporate Plan; and recommend the most efficient and effective use of resources to senior management and the Board.

You will support the costing team to lead large and complex costing assignments or operating impacts of Major TTC initiatives; review and monitor financial models and cost estimation principles, methods and techniques; monitor and reviewing monthly operating spending and identifying in-year trends and any mitigating strategies to address spending variance; lead the development, maintenance, continuous improvement and use of corporate financial performance dashboards to monitor financial health and performance metrics and conduct corporate-wide analyses and lead the preparation of financial updates and related presentations for internal Committees, senior management, the Board and the City.

As the Director, you will brief and advise senior management on major financial planning, budgeting and management matters to ensure understanding of financial challenges, accountabilities, budgets, performance, health and risks; develop a high-performing team; ensures effective teamwork; high standards of work quality, accuracy, timeliness and organizational performance; encouraging continuous learning and innovation in others and oversee the development and delivery of training and procedures related to operating budgeting concepts, strategies, policies, tools, analysis, financial management, controls and reporting, and collaborating with Business Management & Performance staff to create and deliver appropriate business training.

What Qualifications Do You Bring

• Completion of a post-secondary degree in Business Administration, Public Administration, Accounting or a related discipline, combined with considerable experience performing duties related to the key objectives of the position, OR a combination of education, training and experience deemed to be equivalent
• Extensive financial planning and management experience including: applying the principles of multi-year business and service-based planning, budgeting and analysis; evaluation and monitoring; reporting and control in a major public or private sector organization; and in-depth understanding of interdependencies between operating budgets and capital planning, budgeting and project delivery
• Extensive experience and proven ability as a strong leader, including leading, coaching and motivating diverse management teams with the ability to effectively advise on priorities and deadlines, operating as a fully accountable leader
• In-depth experience with relevant legislation and standards related to governance, accountability frameworks and principles, financial planning, budgeting, management reporting and controls, employee and labour relations and occupational health and safety, preferably in a large public sector organization
• Senior level experience gained through progressively more responsible positions in the key functional areas of this position and a strong understanding of the service and financial issues facing the TTC, including service delivery, policy development, strategic and service planning, financial management, cost containment, performance measurement and the development of leading practices

What Qualifications Do You Bring Cont.

• 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
• Experience leading organizational change; knowledge of change management principles and ability to advance organizational maturity and create service improvement and efficiencies
• A professional accounting designation, graduate degree or other designation in a related discipline is preferred
• In-depth understanding and application of leading practices, policies, processes and controls to integrate financial, commercial and contract management and ensure goods and services are delivered in accordance with contractual scope, deliverables, timelines, milestones and budgets
• Proven ability to apply strategic, analytical and conceptual thinking skills and understand complex service, operating and policy issues, evaluation frameworks, program interrelationships and the potential results and outcomes of policy actions
• Superior communication and interpersonal skills with the ability to facilitate, negotiate, resolve conflict, problem solve and interact with all levels of the organization to forge effective relationships
• Sound judgement with the ability to handle matters of a confidential, proprietary or sensitive nature as they relate to the TTC Board and senior staff
• Experience implementing and leveraging major technology platforms and tools to enable business and process transformation
• Proficient in Microsoft Office and other computerized applications and advanced functions related to budgeting, accounting, costing and cost control
• Demonstrated work experience with SAP is preferred
• 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

What We Offer

• Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and 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 (416) 393-4570. Any information received related to an accommodation will be addressed confidentially.