Project Control Officer (IT Finance Planning & Governance) – CONTRACT

Project Control Officer (IT Finance & Governance) – CONTRACT

Location:

Hybrid, 3 days remote, 2 days in Vaughan

Duration:

Contract

Position Overview Our client is seeking a Project Control Officer (PCO) with a strong foundation in IT financial management, governance, and reporting to support Digital & IT initiatives.

This role sits within the Digital & Innovation function and is responsible for tracking, managing, and reporting on project financials, coordinating vendor and procurement activities, and supporting governance and executive reporting.

The ideal candidate brings hands‑on experience in budget tracking, forecasting, CapEx vs OpEx management, and Power BI reporting, within an IT or technology delivery environment.

Key Responsibilities

Track and manage project financials across multiple IT initiatives, including budget vs actuals, forecasting, and variance analysis

Support budgeting and forecasting cycles in collaboration with Finance and project stakeholders

Monitor and track CapEx and OpEx allocations, ensuring alignment with financial guidelines and project budgets

Provide regular financial reporting and insights to support project and portfolio decision-making

Assist in maintaining financial controls and improving reporting accuracy across Digital & IT programs

Support analysis of IT cost structures, including cloud, infrastructure, and licensing models, to understand financial impact on operational and capital expenditures

Work with Finance to ensure alignment with capitalization policies, including treatment of cloud and IT-related expenditures in accordance with regulatory and accounting standards (e.g., IFRS)

Coordinate with Procurement and Finance on vendor onboarding, purchase requests, and contract processes

Track vendor spend against budgets and ensure alignment with approved funding

Support the management of contracts, SOWs, renewals, and invoicing

Validate vendor invoices and support accruals and financial reconciliation processes

Maintain visibility into vendor performance and financial commitments

Support IT governance processes, including:

RAID logs (risks, assumptions, issues, dependencies)

Steering committee materials and executive reporting

Maintain project artefacts such as financial trackers, reporting templates, and documentation

Assist with audit, compliance, and internal reporting requirements

Ensure adherence to governance frameworks, policies, and procedures

Develop, maintain, and enhance Power BI dashboards and reports to track:

Project health

Key operational metrics

Support the creation of executive-level reporting and dashboards

Translate financial and project data into clear, actionable insights

Work with stakeholders to improve reporting accuracy, consistency, and usability

Nice‑to‑Have / Value‑Add Contributions

Support strategic planning activities by providing financial insights and reporting

Assist in the development and refinement of IT cost models

Contribute to cloud cost tracking and reporting initiatives, supporting cost visibility and optimization

Provide data‑driven insights to support continuous improvement and operational efficiency initiatives

Qualifications & Experience

3–7+ years of experience in a Project Control Officer, PMO Analyst, or IT Financial Analyst role

Proven experience in budget tracking, forecasting, and variance analysis within IT or technology environments

Strong understanding of CapEx vs OpEx classification and tracking in project environments

Experience supporting vendor management, procurement processes, and contract coordination

Hands‑on experience with Power BI (dashboard creation and reporting)

Advanced proficiency in Microsoft Excel (financial tracking, analysis, reporting)

Experience working within IT project delivery or Digital transformation environments

Nice to Have

Experience in utilities, banking, telecom, or other regulated industries

Exposure to cloud cost tracking (AWS, Azure)

Familiarity with capitalization policies and financial compliance frameworks (e.g., IFRS)

What Success Looks Like

Accurate and timely financial tracking and reporting across IT initiatives

Strong visibility into budgets, forecasts, and vendor spend

High‑quality Power BI dashboards and executive reporting

Effective coordination across Finance, Procurement, and IT stakeholders

Consistent adherence to governance and compliance standards

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