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Director Accounting Policy (Hybrid)

  • Req ID: 96184
  • Department: Finance & Accounting
  • Job Type: Full-Time
  • Position Type: Non-Union
  • Location: Calgary, Alberta
  • Country: Canada
  • % of Travel:
  • # of Positions: 1
  • Job Available to: Internal & External
  • Deadline to apply: 09/30/2022

 

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.

 

PURPOSE OF THE POSITION

Reporting to the Managing Director Corporate Accounting and Reporting, you will be a key member of the Finance team who will assist Finance and business stakeholders meet strategic goals by providing them with a clear and concise understanding of current and future accounting as it affects specific transactions and policies of the company.  You will ensure that CP’s accounting policies are appropriate to meet business needs and practices, and unusual and complex transactions are in accordance with US GAAP and regulatory requirements.  You will also be responsible for coordinating the monitoring and reporting of the anticipated impact to Canadian Pacific of emerging accounting standards, financial reporting requirements and industry issues and building and prioritizing the Accounting Policy team’s work plans to meet our strategic goals and those of our stakeholders.  You will direct and supervise the Specialist Accounting Policy.

 

POSITION ACCOUNTABILITIES

  • Develop Accounting Policy work plans to meet strategic goals, prioritizing projects based on stakeholder requirements and team’s work load.
  • Lead continuous improvement of CP’s accounting policies though alignment with stakeholder goals, changes in business practices, and developments in US GAAP and financial reporting.
  • Provide pinpointed guidance with respect to the accounting implications of unusual and complex transactions, including confidential transactions and contractual arrangements.  As necessary, work with external auditors to obtain alignment on appropriate accounting:
    • Lead accounting research for specific transactions, ensuring quality documentation prepared and communicated to stakeholders, and participate in cross functional resolution of accounting matters;
    • Oversee the review of new significant contracts for potential complex accounting requirements and provide education on required accounting to Finance and business representatives; and
    • Lead process improvements for more efficient and effective review and assessment of unusual and complex contracts.
  • Keep current with new accounting pronouncements and prepare succinct pinpointed guidance to management with respect to their potential impact to CP and next steps required to implement;
  • Lead cross functional teams implementing new accounting standards and developing CP Accounting Policies, including providing training on these policies to Finance and business representatives;
  • Prepare comment letters to standard setters for proposed new accounting pronouncements;
  • Provide leadership to the Accounting Policy Committee;
  • Provide guidance with respect to accounting and regulatory requirements in relation to CP’s dealings with securities regulators and rail regulators, and prepare responses to securities regulators’ comment letters;
  • Review public documents to ensure that financial disclosures are appropriate;
  • Lead accounting policy related aspects of CP’s acquisition integration planning; and
  • Direct and supervise the work of the Specialist Accounting Policy in alignment with Finance work plans and priorities.

 

POSITION REQUIREMENTS

  • Accounting Designation: CPA, with 10+ years of experience primarily in financial reporting, accounting policy and/or interpretation of US GAAP/IFRS;
  • Knowledge of US GAAP/IFRS;
  • Communication Skills both verbal and written;
  • Ability to interpret complex accounting policies and accounting treatment and translate to business application;
  • Ability to work as a key team member in cross functional teams, obtain consensus / agreement on recommendations;
  • Ability to interact with management across the Company;
  • Previous railway knowledge including Rail Industry accounting would be considered an asset.

 

WHAT CP HAS TO OFFER: 

  • Flexible and competitive benefits package
  • Competitive company pension plan
  • Employee Share Purchase Plan
  • Performance Incentive Program 
  • Annual Fitness Subsidy
  • Flexible work environment

 

ADDITIONAL INFORMATION: 

As an employer with national presence, the possibility does exist that the location of your position may be changed based on organizational requirements.

 

Background Investigation:

The successful candidate will need to successfully complete the following clearances:    

  • Criminal history check
  • Reference 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").

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