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.
In addition to the above, support diversity, inclusion, and a respectful work and service environment that is free from discrimination and harassment. Help 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 Performs other related duties as assigned
