Job Description

At CN, everyday brings new and exciting challenges. You can expect an interesting environment where you\'re part of making sure our business is running optimally and safely-helping keep the economy on track. We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference. You will be able to thrive in our close-knit, safety-focused culture working together as ONE TEAM. The careers we offer are meaningful because the work we do matters. Join us!

Job Summary

The Senior Accountant Lease Administration is responsible for the end-to-end management of leasing activities at CN. In accordance with the new Lease Accounting Standard adopted in 2019, the role is accountable for various steps of the lease lifecycle, such as ensuring CN is compliant with new leasing guidelines, administering CN\'s leased asset portfolio, entering lease accounting information from lease contracts into CN\'s leasing system, performing lease qualification and classification tests, administering lease payments, performing month-end and quarter-end close procedures. Furthermore, the incumbent prepares monthly account reconciliations to ensure that financial data in the leasing system is accurate and ensures that CN\'s quarterly financial statements are fairly stated. The position also performs Sarbanes-Oxley (SOX) controls within day-to-day tasks, and prepares reporting data, complex calculations, schedules, and reports for CN\'s quarterly and annual financial statements.

Main Responsibilities

Lease Administration

\xc2\xb7 Evaluate and determine the accounting treatment for new and current leases

\xc2\xb7 Create, update and maintain lease information in the leasing system and database

\xc2\xb7 Process lease payments

\xc2\xb7 Establish controls for offline credits related to leased cars

\xc2\xb7 Manage lease accounting related to different phases of a lease

\xc2\xb7 Perform various lease related activities to ensure compliance with the new Lease Accounting Standard such as lease qualification and classification tests, lease term and option assessments and lease re-measurements

\xc2\xb7 Maintain and establish good relations with CN\'s lessors, internal stakeholders (Finance, Treasury, Real Estate, Taxation, Procurement and Supply Management, IT, Operations) as well as internal and external auditors

Financial Reporting

\xc2\xb7 Prepare lease schedules included in the financial statements, notes, management discussions and analysis (MD&A), and executive binder

\xc2\xb7 Perform monthly reconciliations of various accounts

\xc2\xb7 Execute monthly reporting for leases

\xc2\xb7 Review purchase and lease contracts for the purpose of reporting future commitments and embedded derivatives

\xc2\xb7 Execute ad-hoc requests for data extracts related to lease accounting

\xc2\xb7 Prepare quarterly regulatory reporting schedules for Properties

\xc2\xb7 Assist with the Authorization for Expenditure ( ) approval process and provide support related to SAP Project System(PS) and Asset Accounting (AA) modules

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 manage stress.

Requirements

Experience

Accounting

\xc2\xb7 Between 2 to 5 years of relevant work experience

o Experience with accounting policy research*

o Experience with accounting and leasing systems

*Any experience for these above would be considered as an asset

Education/Certification/Designation

\xc2\xb7 Bachelor\'s Degree in Accounting

\xc2\xb7 Member of the Order of Chartered Professional Accountants (CPA)

Competencies

\xc2\xb7 Applies analytical thinking to make recommendations that pursue sustainable performance

\xc2\xb7 Tracks metrics to achieve ambitious targets and holds self and others accountable to meet performance expectations

\xc2\xb7 Shows initiative and empowers others to raise CN\'s collective game

\xc2\xb7 Collaborates with key internal stakeholders to enable higher productivity

\xc2\xb7 Inspires others with impactful communications and adapts to the audience

\xc2\xb7 Time management

\xc2\xb7 Fluently bilingual both written and verbal (English, French)

Technical Skills/Knowledge

\xc2\xb7 Knowledge of US generally accepted accounting principles (GAAP)

\xc2\xb7 Advanced Microsoft Excel skills;

\xc2\xb7 Knowledge of SAP (Financial Accounting (FI), Controlling (CO), Asset Accounting (AA), Project System (PS), Plant Maintenance (PM), and Material Management (MM) Modules)

\xc2\xb7 Knowledge of Business Warehouse (BW)*

*Any knowledge for any of the above would be considered as an asset

About CN

CN is a world-class transportation leader and trade-enabler. 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. As the only railroad connecting Canada\'s Eastern and Western coasts with the Southern tip of the U.S. through a 19,500 mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship. At CN, we work as ONE TEAM, focused on safety, sustainability and our customers, providing operational and supply chain excellence to deliver results.

What does AFE stand for?

CN requires that all employees be fully vaccinated against COVID-19 and provide proof thereof as a condition of employment. The Company\'s vaccination mandate extends to employees of our wholly owned subsidiaries as well as CN\'s contractors, consultants, agents and suppliers and anyone who accesses CN properties in Canada.

CN is an employment equity employer and we encourage all qualified candidates to apply. We thank all applicants for their interest, however, only candidates under consideration will be contacted. Please monitor your email on a regular basis, as communication is primarily made through email.

Canadian National Railway