OverviewCanadian Pacific Analyst/Specialist – Regulatory Costing Full Time in Calgary, AB
Branch Calgary AB CA
Analyst/Specialist – Regulatory Costing
Take responsibility for quality assurance. Quality assurance to be verified by the supervisor. Canadian Pacific is a transcontinental railway in Canada and the…
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts, providing North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP.
Objective for this role:
Protect company revenues, and increase earnings by stewarding and applying CP’s first-in-class regulatory costing system:
Calculate cost-of-service estimates for CP traffic, using regulatory methodology prescribed by the Agency.
Maintain the models and economic data that form the basis of the costing system.
Provide costing guidance to stakeholders, such as Legal, Marketing and Sales, and Executives.
Develop cost-of-freight evidence to support Legal in defending CP’s position in rate arbitrations and other regulatory proceedings.
Work with Legal, Operations, and Marketing, to understand the operations and material issues in the case.
Apply the regulatory costing system to develop meaningful cost of service evidence, which may be used in defense of CP’s rates and tariffs.
Assist Legal in developing CP’s submission of evidence, and provide support throughout the proceedings.
Improve company earnings by $0.5 million in the first twelve months, by evaluating the impacts of Accounting policy changes and regulatory changes, as they affect CP’s business under the economic regulations .
Learn how CP’s Balance Sheet and Income Statement accounts drive results in the regulatory costing system.
Study how changes in the values of those accounts translate into impacts on earnings, via the economic regulations.
Maintain an ongoing dialogue with Accounting and other stakeholders in order to remain aware of accounting policy changes.
Monitor the regulatory environment to remain aware of changes in regulations and policy.
Provide guidance to the business by modelling the impacts of changes to accounting policy and regulations, in order to maximize corporate earnings.
Promote CP’s competitive position by maintaining a first-in-class regulatory costing system.
Develop and maintain models for calculating cost of freight service using the regulatory costing system.
Develop submissions of costing data to regulatory agencies, as required under the regulations.
Develop and maintain forecasts of changes in costs, regulatory price indices, and other regulatory economic indicators.
Support the Marketing team by providing calculations and guidance with respect to the annual indexation of freight rates in multi-year freight contracts.
Provide guidance to Marketing and Sales for the negotiation of freight rate indexation methodology.
Provide the annual calculations of commercial contract indices.
Manage the review, by an external agent, of the calculations as required.
Provide explanations of unusual annual variance in the indices, as required.
Training and Experience
University degree in Finance or Economics is preferred.
Working experience in a Finance role, or a role dealing with a regulatory program, is an advantage.
You must be eager to work effectively as part of a team. This means reaching for goals that are set by the team, which may not always align with personal priorities.
You will have strong communication skills when dealing with complex matters.
You must demonstrate a strong capability for logical reasoning, combining numerical information with other information to arrive at a reasonable decision.
You must also demonstrate a capability to build numerical models which are clear, easy to manage, and accurate.
You are willing to engage in constructive conflict in an open and honest manner.
The Analyst works under the direct guidance of a supervisor. The Analyst is expected to:
Develop cost-of-freight evidence with direct support the immediate supervisor.
Develop analysis of risks and opportunities under the economic regulations at request of the supervisor.
Quality assurance to be verified by the supervisor.
Guidance to the business is provided by the Analyst, under direct supervision.
Decisions on how to manage risks within the costing system and costing models are taken by the supervisor with significant input from the Analyst.
Decisions on how to manage strategic issues are taken by the supervisor with significant input from the Analyst.
The Specialist will meet the requirements of the position with a high level of autonomy. The Specialist is expected to:
Meet regulatory deadlines independently.
Develop analysis of risks and opportunities under the economic regulations as they arise.
Take responsibility for quality assurance.
Guidance to the business is provided by the Specialist.
Decisions on how to manage risks within the costing system and costing models are taken by the Specialist with significant input from the supervisor.
Decisions on how to manage strategic issues are taken by the supervisor with significant input from the Specialist.
WHAT CP HAS TO OFFER:
Flexible and competitive benefits package
Competitive company pension plan
Employee Share Purchase Plan
Performance Incentive Program
Annual Fitness Subsidy
As an employer with national presence, the possibility does exist that the location of your position may be changed based on organizational requirements.
The successful candidate will need to successfully complete the following clearances:
Criminal history check
Management Conductor Program:
Becoming a qualified conductor or locomotive engineer is the single best way for a management employee to learn the business at CP. You may be required to obtain a certification or to maintain your current certification/qualification as a conductor or locomotive engineer.
CP is an equal opportunity employer committed to the principles of employment equity and inclusion. We welcome applications from all qualified individuals. All applicant information will be managed in accordance with the federal Personal Information Protection and Electronic Documents Act (“PIPEDA”).
Employment Type: Full Time
Location: Calgary, AB, CA
Posted on: 2018-05-24