Senior Manager, Regulatory Costing - Financial Planning

At CN, everyday brings new and exciting challenges. You can expect an interesting environment where you are part of making sure our business is running optimally and safely―helping keep the economy on track. We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference. You will be able to thrive in our close-knit, safety-focused culture working together as ONE TEAM. The careers we offer are meaningful because the work we do matters. Join us!

Job Summary

The Senior Manager, Regulatory Costing - Financial Planning is responsible for defending CN's financial interests in the face of government regulations. The incumbent challenges interpretations and produces innovative analysis and arguments to regulators in support of CN's view. The role ensures compliance with regulatory requirements with accurate and timely regulatory reporting, and monthly Year-End Outlook (YEO) forecasts to properly drive the business within statutory constraints. Furthermore, the incumbent is an authority on economic matters related to the Canadian Transportation Agency and the United States (U.S.) Surface Transportation Board (STB), for costing and rate challenges.

Main Responsibilities

Review Regulatory Framework

·Defend and advocate for CN's interest against regulatory positions which vary from CN's views or methodology

·Produce all data, analysis, and reports to protect CN under the Canadian Western Grain revenue cap program

·Challenge the status quo with innovative analysis and interpretations within the statutory framework and press for positive change that benefits the entire supply chain

·Write the briefings for CN Law and outside counsel to review and serve to the Canadian Transportation Agency (CTA)

·Participate in meetings with CTA Staff, CN Law, outside counsel, and CN Vice Presidents (VPs) to advocate for CN's position.

·Liaise with Canadian Pacific (CP) counterpart to present common front on matters of common interest

Updating of Economic Indices and Rates

·Oversee the preparation of updated annual economic indices including the Volume Related Composite Price Index (VRCPI), Cost of Capital, interswitching studies, Car Repair Billing and rates

·Provide Accounting Regulatory Reporting with the operating statistics required in Transportation Canada (TC) annual report

·Perform the statistical analysis required to resolve transfer pricing, between CN's Canadian and American operations for Taxation and Revenue Management

·Assist Marketing and Business Development in matters of interpretation of Maximum Revenue Entitlement (MRE) provisions and participate in drafting new contracts and agreements (e.g., fleet integration programs, and CP switching agreements)

·Lead and coach team of direct reports in the development of their competencies in regulatory interpretation, monitoring, costing, and reporting

Forecasting and Reporting

·Produce monthly YEO forecasts for Grain Marketing to properly inform on the crop-to-date status of the book of business and adjust pricing to keep within statutory constraints

·Maintain the forecasting model by keeping abreast of the impact of new Marketing programs, investments in industrial developments, as well as new and evolving regulations

·Negotiate and coordinate with the CTA and its representatives for process changes, data requirements, submission deadlines and audits

·Oversee the preparation of and review the submission to the CTA of CN's regulated grain traffic data, revenues, deductions, and calculations of revenue entitlement under the law

·Respond to CTA's audit requests for additional information and supporting documents

·Coordinate with Treasury and Accounting on any payments to the CTA, as necessary

Participate in Ad Hoc Consultations

Participate with CN Law in numerous regulatory consultations as the economic authority in regulatory matters

Working Conditions

The role has standard working conditions in an office environment with a regular work week from Monday to Friday. This may vary according to deadlines, peak periods, and ad hoc requests. Due to the nature of the role, the incumbent must be able to meet tight deadlines, handle pressure and stress. The role is subject to the Financial Planning workplace flexibility policy.

Requirements

Experience

Finance, Accounting, Costing, Pricing or Marketing

·Between 5 to 10 years of experience in CN, in finance, accounting, costing, pricing, or marketing

·Between 3 to 5 years of experience in statistical analysis or econometric modelling

Education/Certification/Designation

·Post-Graduate Degree in Finance, Economics, Econometrics, or Accounting

Competencies

·Develops self and others

·Applies critical thinking

·Knows the business and stays current on industry needs

·Sets direction and inspires others

·Communicates with impact

·Collaborates with others and shares information

·Demonstrates agility and drives change

Technical Skills/Knowledge

·Strong technical writing skills

·Knowledge of statistics and econometrics

·Proficient in Microsoft Office (Excel, Access)

·Solid understanding of railroad operations

·Fluently bilingual both written and verbal (English, French)*

*Any skills/attributes for these above would be considered as an asset

About CN

CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada's Eastern and Western coasts with the Southern tip of the U.S. through a 19,500 mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship. At CN, we work as ONE TEAM, focused on safety, sustainability and our customers, providing operational and supply chain excellence to deliver results.

At CN, we are dedicated to building North America's safest, most inclusive and sustainable railroad, which includes reflecting the communities in which we operate. Research shows that candidates from underrepresented groups often don't apply unless they feel they fit the job posting at 100%. Even if you don't see yourself in every job requirement listed in a posting, we still encourage you to apply. If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), please reach out to our team at cnrecruitment@cn.ca.

As an equal employment opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, and other protected status as required by applicable law. We thank all applicants for their interest, however, only candidates under consideration will be contacted. Please monitor your email on a regular basis, as communication is primarily made through email.