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Financial Modelling Specialist, Regulatory Economics (Hybrid)

 

  • Req ID: 95828
  • Department: Finance & Accounting
  • Job Type: Full-Time
  • Position Type: Non-Union
  • Location: Calgary, Alberta
  • Country: Canada
  • % of Travel: 0-10%
  • # of Positions: 1
  • Job Grade: 4
  • Job Available to: Internal & External
  • Deadline to apply: 07/04/2022

 

Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides 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. For more on our purpose, culture, and strategy, visit cpr.ca/en/about-cp.

 

PURPOSE OF THE POSITION:

This role is a key contributor to the Regulatory Economics team, to ensure that it achieves its mandate of improving corporate earnings and reducing business risk through the following activities:

  • Optimize company results by providing superior information analysis combined with a deep understanding of the business and the regulatory environment.
  • Develop economic information reports to regulatory agencies.
  • Calculate cost-of-service estimates for CP traffic, using regulatory methodology prescribed by the Agency.
  • Provide regulatory guidance to stakeholders, such as Legal, Marketing and Sales, and Executives.

 

POSITION ACCOUNTABILITIES

  1. Drive value for the company by developing and maintaining cutting edge financial models.
    • Develop enhanced tracking and forecasting models for regulatory economic programs comprising in excess of one-billion dollars of annual revenues.
    • Improve company revenues by uncovering new information and insights through superior data analysis.
    • Provide time savings by reducing manual effort and eliminating non-value added work through intelligent business process development.

 

  1. Develop and defend CP’s positions with regard to regulatory consultations and emerging issues.
    • Research recent developments in the regulatory economic environment.
    • Assess the relevance to CP, and communicate effectively to internal stakeholders.
    • Support the team to advance CP’s position in consultation with regulators and other stakeholders.

 

  1. Assist the Legal department in defending the company in regulatory proceedings by developing evidence and arguments.
    • Work with Legal to understand the important issues in the case.
    • Work with Operations and Marketing to understand the traffic at issue.
    • Development economic evidence and operational analysis to support CP Legal in regulatory proceedings.

 

  1. Support the Marketing team by providing calculations and guidance with respect to specific regulatory mechanisms.
    • Develop analysis and guidance on the impact of business decisions and regulatory change via the VRCPI.
    • Provide the annual calculations of commercial contract indices, and manage the third-party review process.

 

  1. Coordinate strategic projects to improve the team’s performance.
    • Develop argument and evidence to support CP’s position in regulatory submissions, in response to changing regulatory policy or business conditions.
    • Coordinate projects involving development of new IT systems and reports as requirements evolve.
    • Coordinate cross-functional projects with other teams to address new business issues and improve the company’s performance under the regulatory environment.

 

POSITION REQUIREMENTS

  • University degree in Finance or Economics is preferred.
  • Exceptionally strong financial modelling skills, with advanced MS-Excel, Power Query and Power Pivot.
  • Working experience with SAP Analytics Cloud will be valued. 
  • Proven ability to build complex financial models, incorporating large and disparate data sources, with clear separation of inputs, outputs and process.
  • Demonstrated knowledge of accounting principles is desirable, although a formal designation is not required.
  • Working experience in a Finance role, or a role dealing with a regulatory program, is an advantage.
  • You must demonstrate a strong capability for logical reasoning, combining numerical information with other information to arrive at a reasonable decision.
  • You are eager to expand the capabilities and scope of the role by investigating opportunities and developing tools.

 

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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