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About the Role
Play a key role in optimizing cost performance and driving financial control for complex, multi-million engineering projects. You will work closely with teams across the business, monitor cost evolution and risk mitigation strategies, and proactively manage cost-to-complete and variance analysis.
Responsibilities
- Act as an interface with Operations, Work Package managers, and cost managers on cost evolution and cost reduction opportunities.
- Bridge budget, forecast, ROFO, and actuals, identifying root causes and cost deviations, including EAC reconciliation and actual analysis by WBS.
- Perform monthly analysis of actual costs incurred and compare with forecasts, analyzing gaps.
- Assist Project Managers in forecasting correct cost incurrence and timing.
- Partner with Project Procurement & Finance Managers to optimize material cost control.
- Monitor cost evolution, inflation, indexation, and QCD deviations.
- Drive KPIs, cost reductions, tender support, and risk mitigation plans.
- Serve as the focal point for claims, material variances, and SAP-GSI cost data integrity.
- Identify cost reduction opportunities and report cost overruns or productivity deterioration.
- Support financial management of large-scale, multi-million engineering projects.
- Act as an interface with operations, particularly with the project supply manager.
- Contribute to bidding processes and long-term contract management.
- Leverage expertise to help drive sustainable transportation solutions in Canada.
Requirements
- Degree in Business Administration, Finance, or Accounting (preferred), or Degree in Engineering with financial or project management experience.
- Experience or understanding of financial management in large-scale industrial projects.
- Knowledge of cost performance monitoring, risk mitigation strategies, and procurement costing.
- Familiarity with ERP systems, such as SAP (a plus).
- Affinity for finance and numbers and good knowledge in MS Excel.
- Strong communication skills in English.
- Analytical and detail-oriented mindset for variance analysis and cost control.
- Ability to work in an international, multi-site, and matrix organization.
- Resilience and adaptability in a dynamic project environment.
- Leadership skills to drive KPIs and cost reduction initiatives.
- Continuous learning mindset to grow and develop new skills.
- Knowledge of another language besides French is an asset.
Skills
- Financial management
- Industrial controlling
- Cost performance monitoring
- Risk mitigation strategies
- Procurement costing
- ERP systems (SAP)
- MS Excel
- Communication skills
- Analytical skills
- Detail-oriented
- Leadership skills
Location
- Toronto, ON, CA
Work Type
- Full-time
- Onsite
- Hybrid
Education Level
- Degree in Business Administration, Finance, or Accounting
- Degree in Engineering with financial or project management experience
Salary/Compensations
- $80,000 – $105,000 CAD per year
Benefits
- Eligibility for an annual performance bonus
About the Company
- Alstom understands transport networks and what moves people, offering the broadest portfolio in the industry from high-speed trains to digital mobility.
- Every day, more than 80,000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.
Equal Opportunity
- As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in.
- We’re committed to creating an inclusive workplace for everyone.
- If you require accommodation during the hiring process, please email us at humanresources.accessibility@alstomgroup.com while referring to the job requisition number, job title and location you applied to.