Volumetric and Fixed Asset Accounting Assistant (REMOTE)

ABOUT US

Trans-Northern Pipelines Inc. (TNPI) operates regulated pipelines to safely transport the refined petroleum products (gasoline, diesel, aviation, and heating fuel) used by Canadian businesses and consumers every day. These pipelines connect refineries in Edmonton to Calgary, including the Calgary International Airport; and refineries in Nanticoke, Ont., and Montreal to the Greater Toronto Area (GTA), with lateral pipelines to Ottawa as well as to Pearson International Airport and Pierre-Elliot Trudeau International Airport. We are committed to operating in a safe and environmentally responsible manner to protect the public, the environment, and the pipelines.

WHAT’S IN IT FOR YOU?

We take pride in being a Canadian organization that fosters a community of dedicated, collaborative, and safety-minded professionals. The company is backed by three major shareholders, all of whom are Fortune 500 companies and prominent leaders in the North American oil and gas industry.

As a purpose-driven company, we understand the importance of supporting the communities in which we operate. In addition to our flexible work environment, TNPI provides fulfilling opportunities for personal growth, learning, and contribution. We make safety a way of life, as it’s embedded in our culture and the way we work. With a philosophy that no job is so important, no task so urgent that it cannot be completed safely the right way, every day. Joining our team means being part of an environment where you are valued, respected, and supported. Explore our commitments and community investments to learn more.

POSITION SUMMARY:

We are seeking a detail-oriented Volumetric and Fixed Asset Accounting Assistant to support our accounting processes. The ideal candidate will have a strong understanding of accounting principles, excellent communication skills, and the ability to manage multiple tasks in a fast-paced environment.

** This is a contract position for a 14-month period

KEY RESPONSIBILITIES:

• Analyze and record all fixed asset transactions to appropriate asset classes, ensuring they align with capital nature requirements for both the general ledger and regulatory (CER) books
• Accumulate project costs in appropriate fixed asset accounts, and confirm any retirements and disposals with project managers by reviewing historical records.
• Reconcile the fixed asset subledgers with the general ledger and calculate monthly depreciation.
• Prepare and post monthly depreciation accruals and fixed asset journal entries.
• Monitor the In-Service status of ongoing capital projects through regular communication with project managers.
• Track and manage capital projects under construction, ensuring projects align with financial reporting.
• Prepare all fixed asset continuity schedules and capital cost allowance (CCA) documentation for income tax purposes.
• Liaise with government, shareholders, and auditors for fixed asset management and compliance.
• Update fixed asset subledger and cost center files for regulatory tariff applications and annual reporting.
• Maintain and update tariff rates and monthly over/under pricing in the Volumetric Accounting System (VAS).
• Oversee the daily ticket distribution process from VAS and act as a liaison between the Oil Movement Scheduling Department and shippers to manage volumetric product receipts and deliveries and resolve ticketing discrepancies.
• Manage product inventory for airport tank deliveries, reconcile closing inventories, and update volumetric product movement reports.
• Review and monitor the Tender Analysis Report (volumetric batches) to ensure quality assurance in product movements.
• Prepare month-end shipper billing, generating monthly invoices and reports for shippers and internal teams.

QUALIFICATIONS:

Must-haves (minimum requirements):

• 2 years of proven experience in volumetric accounting, or fixed assets in a pipeline or linear asset environment with accounting or ERP system knowledge.
• Post-secondary education in Accounting, Business Administration or equivalent education.
• Strong attention to detail and the ability to work with demonstrated analytical and mathematical skills.
• Excellent communication (verbal and written) and problem-solving skills.
• Ability to manage time effectively and prioritize tasks.
• Intermediate to advanced experience with MS office (Excel, Word, Outlook, PowerPoint).
• Alignment with our values of safety above all else, respect, trust, results focused, decisiveness, and lifelong learning. 

Preference for:

• Enrolled in Chartered Professional Accountant Program or Chartered Professional Accountant.
• Thorough knowledge and understanding of accounting principles and practices 
• Bilingual (English and French) – please submit your resume in English.

WORKING CONDITIONS AND OTHER IMPORTANT INFORMATION:

• TNPI offers a flexible work policy that allows for hybrid or remote work arrangements. Employees who are permitted to work a flexible work arrangement, will be required to attend the physical office location in Richmond Hill, located at 310-45 Vogell Road occasionally, as required. 
• Hours of work are a regular 35-hour work week, Monday to Friday, with the potential for extended work hours based on business needs.
• Collaborating with exceptional teammates to make a positive impact.
• Competitive base salary and an annual incentive program with a pay for performance philosophy.
• Comprehensive company-paid benefits package.
• Rewarding Defined Benefit pension and Savings Plan with a matching component.
• Comprehensive time-off policy offering a generous allocation of vacation days, as well as additional company-designated and flexible days off.

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We appreciate the interest of all applicants. As an equal opportunity employer, we encourage applications from qualified individuals and are committed to providing a diverse and inclusive work environment where every employee feels valued and respected. Accessibility accommodations are available upon request. 

Please note that only applicants closely matching the skills, qualifications, and requirements for available positions will be contacted for further follow-up and potential interviews.