Director, Capital Efficiency
7 months ago
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 Director, Capital Efficiency is responsible for leading the optimization of strategic allocation and utilization of financial resources within the Network Operations, Mechanical, and Engineering organizations. The role leverages engineering expertise to identify and implement strategies that enhance capital efficiency, ensuring that investments in projects, technology, and infrastructure align with both financial goals and engineering best practices. The role requires a unique combination of financial acumen, continuous improvement, and engineering insight to drive efficient and effective capital deployment.
Main Responsibilities
Capital Optimization
- Collaborate with executive leadership to develop capital strategies that align with Network objectives and overall organizational goals
- Provide technical insights to bridge the gap between financial considerations and engineering requirements
- Lead comprehensive cost-benefit and financial analysis for network projects, considering both short-term and long-term financial and technical impacts as well as evaluate the feasibility and efficiency of capital-intensive projects
- Assess technical risks and opportunities associated with capital investments
- Optimize the allocation of engineering resources, including personnel, materials, and technology, to maximize capital efficiency
- Develop and implement strategies to prioritize and allocate resources based on project requirements and financial goals
Technology Optimization
- Develop models to assess the return on investment for technology initiatives
- Identify opportunities to optimize technology and Network processes to improve capital efficiency
- Work closely with all Network teams to streamline workflows and enhance resource utilization
Continuous Improvement
- Implement a culture of Continuous Improvement (CI), leveraging lean principles to enhance capital efficiency over time
- Identify and champion innovative solutions to drive efficiency gains
Cross-Functional Collaboration and Stakeholder Management
- Foster collaboration between Finance and Network teams to ensure alignment in capital efficiency initiatives
- Act as a bridge between technical teams and organizational stakeholders, facilitating effective communication
- Prepare assessments, strategies, position papers and statements
- Persuade stakeholders and influence designs and decisions using negotiation, facilitation, and consensus-building skills
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 role requires regular travel (50%) within Canada and the United States (U.S.).
**Requirements**:
Experience
Engineering and Finance
- Minimum of 10 years of combined experience in engineering or related roles
- Between 8 to 10 years of experience successfully managing complex capital projects from initiation to completion
- Proven experience in engineering project management, financial analysis, and capital efficiency
- Experience leading cross-functional teams
- Experience developing business cases and analysis
Education/Certification/Designation
- Bachelor's Degree in Engineering, Construction Management, or a related field
- Project Management (PMP), Scrum Alliance, ITIL or Six Sigma certifications or equivalent
Competencies
- Demonstrates agility and drives change
- Innovates
- Knows the business and stays current on industry needs
- Applies critical thinking
- Collaborates with others and shares information
- Sets direction and inspires others
- Communicates with impact
Technical Skills/Knowledge
- Strong understanding of engineering principles and their intersection with financial considerations
- Excellent communication skills, with the ability to translate technical information for a non-technical audience
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 pro
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