Specialist, Regulatory Economics - 6 to 12 month contract

Canadian Pacific (CP) and Kansas City Southern (KCS) are now CPKC. As the only truly North American railway, we are making big moves! Drawing on our strong foundations and heritage, CPKC moves essential goods across our 20,000-mile network to support economic growth throughout Canada, the U.S. and Mexico. Be a part of history as we connect a continent and create exciting career opportunities across our new transnational network. Visit cpkcr.com to learn about the CPKC advantage, our purpose and culture.

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 assisting the business to apply an effective understanding of the regulations, develop economic information reports to regulatory agencies, calculate cost-of-service estimates for CPKC traffic, using regulatory methodology prescribed by the Agency and provide regulatory guidance to stakeholders, such as Legal, Marketing and Sales, and Executives.

This is a 6 to 12 month contract with a possibility of extension, or permanent hire.

POSITION ACCOUNTABILITIES:

• Drive value for the company by developing and 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
• Protecting company earnings by modelling the company’s regulated lines of business to predict outcomes and drive strategy
• Learn the Maximum Revenue Entitlement program
• Learn the fundamentals of Canadian grain markets, including major lanes, commodity types, operations, and marketing programs
• Provide guidance through-out the year, to the Grain Marketing team, to assist them in achieving a year-end regulated revenue target
• Analyze the company’s rates and services against the requirements of regulations in Canada, the United States and Mexico, and provide strategic guidance to the business to support commercial negotiations
• 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
• Plan and prioritize the development of costing evidence, market based evidence, and economic arguments to defend the Company’s position
• Develop cost-of-service estimates using regulatory costing methodology
• Support the Commercial 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 Volume Related Composite Indices (VRCPI)
• Provide the annual calculations of commercial contract indices, and manage the third-party review process
• Coordinate strategic projects to improve the team’s performance
• Develop argument and evidence to support CPKC’s position in regulatory submissions, in response to changing regulatory policy or business conditions
• 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 Business, Finance, Data Analytics, Economics or a related field
• Must possess a minimum of 2 years experience in a Finance or Regulatory Analysis
• Experience using MS Excel for data analysis and modelling
• Working experience in a Finance role, or a role dealing with a regulatory program, is an advantage
• Exceptionally strong written and verbal communication skills
• An ability to explain complex matters in a simple manner
• Demonstrated knowledge of accounting principles is desirable, although a formal designation is not required
• Eager to work effectively as part of a team
• Demonstrate a strong capability for logical reasoning, combining numerical information with other information to arrive at a reasonable decision
• Demonstrate a capability to build numerical models which are clear, easy to manage, and accurate
• Willingness to engage in constructive conflict in an open and honest manner
• Eager to expand the capabilities and scope of the role by investigating opportunities and developing tools

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 CPKC. You may be required to obtain a certification or to maintain your current certification/qualification as a conductor or locomotive engineer.

CPKC is an employment equity employer committed to the principles of employment equity and inclusion. We encourage all qualified candidates to apply including women, Black, Indigenous, People of Colour (BIPOC), members of the LGBTQ+ community, and people with disabilities. Accommodations for the job application process can be provided, as appropriate, upon request. All applicant information will be managed in accordance with the federal Personal Information Protection and Electronic Documents Act (PIPEDA)”.

• Req ID: 102947
• Department: Finance & Accounting
• Job Type: Fixed Term
• Position Type: Non-Union
• Location: Calgary, Alberta
• Country: Canada
• % of Travel: 0-10%
• # of Positions: 1
• Job Grade: 4
• Job Available to: Internal & External