Manager, Projects and Policy

Job Summary

The Incumbent is responsible for preparing and supporting pension accounting legal and personal injury reserves corporate accounting and accounting policy and research areas within the Financial Reporting function. The incumbent processes and reviews accounting entries supporting schedules reconciliations analyses and white papers accurately and efficiently. The role documents analyzes and improves processes to ensure that appropriate accounting procedures are followed in alignment with regulatory standards.

Main Responsibilities

Accounting Policies and Projects

Perform accounting research analysis and communication of accounting impacts associated to significant and complex transactions and new accounting pronouncements issued by Financial Accounting Standards Board (FASB) as well as regulators such as Security and Exchange Commission (SEC) Canadian Transportation Agency (CTA) or Surface Transportation Board (STB) bodies in Canada and the U.S.

Collaborate on special projects that have an accounting implication such as acquisitions and divestitures and purchase and supply contracts

Coordinate with stakeholders and implement new accounting pronouncements affecting CN including changes to existing processes accounting treatments and disclosures

Develop and maintain business and accounting models as well as templates to determine Accountings impact of complex accounting transactions

Benefit Plan Financial Reporting

Review and oversee as part of a team the preparation of annual financial statements for the Companys various Canadian and U.S. pension benefit plans in accordance with their respective financial frameworks

Ensure timely and accurate submission of regulatory filings of the above-noted Plans to the Superintendent of Financial Institutions (OSFI) for Canadian plans and the Department of Labor (DOL) for U.S. plans by prescribed filing deadlines

Audit plan-level activity to ensure that plans are being operated in compliance with regulations as well as to their respective plan documents

Provide assistance to stakeholders to ensure operational and administrative defects observed within the Plans are corrected efficiently

Oversee and mentor employees responsible for preparing annual financial statements

Lead and coordinate the annual audit process for each plan with appropriate auditors

Accounting of CN Sponsored Defined Benefit (DB) Pension and Other Post Employment Plans

Carry out CN Sponsored DB Pensions Accounting and other Post Employment Plans

Process and supervise monthly journal entries pertaining to established beginning of year estimates provided by external actuaries and adjusted for updated assumptions

Prepare monthly quarterly and year-end close process for the plans

Run the pension accounting projection model

Assist in the preparation and review of pensions and other postretirement sections of the Companys interim and annual financial statements related footnote disclosures and accompanying Management Discussion and Analysis (MD&A)

Prepare reconciliations and documentation concerning Sarbanes-Oxleys (SOX) internal controls related to pension accounting and reporting

Lead and coordinate with internal and external stakeholders the annual calendar and tasks pertaining to year-end annual re-measurement

Analyze the resulting actuarial valuations of each plans funded status for accounting purposes

Research and document pension accounting implications associated with new and proposed significant transactions including plan amendments and de-risking

Support Human Resources (HR) Pension Treasury and CN Investment Division concerning pension funding and accounting related issues

Identify and implement process improvements in pension accounting reporting controls and forecasting areas

Communicate complex pension accounting impacts and issues with various levels of Management

Support the Senior Manager Projects and Policies in responding to queries from internal and external stakeholders

Foreign Exchange and Hedging

Participate in leading the team and the FX Hedging process including the review of setting up the U.S. dollar (USD) net asset position the designation of USD debt and the closing of the daily net investment hedge variance explanations as well as coordinating with Treasury

Maintain the FX Hedging documentation linked to establish a daily hedge in alignment with Generally Accepted Accounting Principles (GAAP) and documentation concerning SOXs internal controls

Run the FX month-end and reporting process including reviewing reconciliations and quarterly roll of unrealized and realized FX

Oversee discussions with Treasury as well as internal and external auditors

Accounting for Legal and Personal Injury Reserves

Review the monthly quarterly and year-end reconciliations including contingencies sections of the Companys interim and annual financial statements as well as related footnote disclosures and accompanying MD&A

Prepare documentation in connection with SOX internal controls related to contingencies

Oversee and coordinate with both internal and external stakeholders the annual actuarial valuation deliverables related to Canadian Worker Compensation Liabilities and U.S. Legal Liabilities

Research contingencies accounting implications associated with new and existing events including claim revaluations and out of court settlements and recoveries

Support Law concerning contingencies-related issues

Responsibilities Weights (%) for Job Eval

Accounting Policies and Projects 40%

Benefit Plan Financial Reporting 20%

Accounting for CN Sponsored Defined Benefit (DB) Pension and Other Post Employment Plans 15%

Accounting for Derivative Financial Instruments Foreign Exchange and Hedging 15%

Accounting for Legal and Personal Injury Reserves 10%

Working Conditions

The role has standard working conditions in an office environment with a regular workweek from Monday to Friday. Due to the nature of the role the incumbent must be able to meet tight deadlines handle pressure and stress. The position requires discretion in handling confidential matters.

Requirements

Experience

Accounting

Minimum 5 years of experience at a Chartered Professional Accountant (CPA) firm or relevant industry experience

Education/Certification/Designation

Bachelors Degree of Commerce in Accountancy

Graduate Diploma in Accountancy

Chartered Professional Accountant (CPA)

CN Values (Expected Proficiency Levels)

We care about each other Promotes safe collaboration

We strive for excellence Anticipates needs with hands-on insight application

We succeed together Builds strong partnerships to drive results

We lead responsibly Acts transparently and includes diverse voices

Leadership (Expected Proficiency Levels)

Vision and strategic thinking Monitors trends and proposes practical improvements

Impactful and inclusive leadership Inspires teams through empathetic and inclusive communication

Performance and value delivery Capitalizes on data insights to drive ROI and customer value

Empowerment and talent development Builds trust and empowers people to make independent decisions

Strategic communication and influence Explains functional strategy with clarity and impact

Managerial courage and decisiveness Makes bold decisions and capitalizes on customer and business

Job Specific (Expected Proficiency Levels)

Business acumen - Mitigates and advises on cross-functional risks

Financial acumen - Maximizes ROI and manages unit-level financial performance

Process optimization - Leads functional crossteam process improvements with clear ROI

Stakeholder management - Aligns priorities to resolve crossfunctional disputes

Reading the environment - Evaluates risks and recommends solutions

Technical Skills/Knowledge

Advanced knowledge of Microsoft Suite (Excel PowerPoint Word) Business Objects Workiva and TM1

Knowledge of COSO framework and internal controls over financial reporting

Knowledge of U.S. GAAP accounting policies including accounting for DB pension and other postretirement plans contingencies foreign exchange transactions such as hedging of FX exposure of a net investment in foreign operations with USD derivative instruments and USD debt as well as Railroad specific accounting policies required by the CTA the U.S. STB and SOX regulations

About CN

CN is a premium railroad that sustainably generates value for our customers shareholders employees and stakeholders with an unwavering commitment to safety and service. 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. CNs network connects Canadas Eastern and Western coasts with the U.S. South through a 20000-mile rail and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN powers the North American economy and is committed to programs supporting social responsibility and environmental stewardship.

At CN we are dedicated to building North Americassafest mostinclusiveandsustainable railroad which includes reflecting the communities in which we operate. Research shows that candidates often dont apply unless they feel they fit the job posting at 100%. To all potential applicants even if you dont meet 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 get in touch with our team at.

As an equal opportunity employer qualified candidates 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.

Please monitor your email on a regular basis as communication to applicants is done via email.

Required Experience:

Manager