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Director, Projects and Closure Estimating

Date:  Sep 14, 2022
Location: 

Denver, CO, US (United States)

Founded in 1921 and publicly traded since 1925, Newmont (www.newmont.com) is one of the largest gold companies in the world. Headquartered in Denver, Colorado, the company has approximately 24,000 employees and contractors, with the majority working at Newmont's core operations in the United States, Australia, Ghana, Peru and Suriname. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont's industry leading performance is reflected through high standards in environmental management, health and safety for its employees and creating value and opportunity for host communities and shareholders.

About this role

What you will be responsible for?
Senior level position providing mentorship and leadership for definition, development of, and adherence to Newmont, standards for Capital Cost and Closure Estimating. Responsible for developing mentorship and tools for the function as well as providing assurance for capital cost and closure estimate process and estimates as defined in the Global Projects Charter. Additionally, this position will help the Senior Director of Project Controls with talent management including planning, recruiting, training, mentoring and development within the corporate wide Project Controls area. 
 

In this role you will

Here is a snapshot of what your day to day will look like:

  • Working with the Senior Director of Global Controls, this individual will work to help define standards, processes and procedures and tools for the Estimating function within Newmont Global Projects. These standards, processes and procedures will be developed with the intent to standardize execution across the projects and ensure efficiency within the project execution area. In addition, the individual will help the Senior Director Project Controls in talent management within the function to plan and identify needs, recruit, train, mentor and develop and people movement/placements. To complete these duties, they will:
  • Act as the Subject Matter Expert for Capital Cost and Closure Estimating and benchmarking within Global Projects including relevant accounting standards. 
  • Provide ownership of the estimating tools within global projects. 
  • Work with the Senior Director of Project Controls to help in planning future needs, recruiting, training and development and people movements.
  • Work with the Senior Director of Project Controls to support Project Directors and Project Controls Managers with the tools and processes required to accurately estimate studies and closure estimates. 
  • Provide assurance activities for project and closure estimates as required e.g. preliminary and final estimate plan reviews, stage-gate reviews, definitive estimate reviews, review of consultant and vendor estimates, risk reviews and yearly closure estimate reviews.
  • Develop and retain relationships with stakeholders related to Estimating i.e. Value Assurance, Regional PD's, Study Directors, Group Executive Studies, Regional Study Directors, Engineering, Project Evaluation and Closure Teams. 
  • Development of Capital and Closure Estimates as the need arises. 
  • Assist in preparation of Authorization for Expenditure documentation.

Closure Estimating

  • Develop and maintain the governance documentation for Closure Estimating.
  • Provide direct support for the yearly closure estimating process and reporting.
  • Develop and maintain the Closure Benchmarking processes and system.
  • Conduct Assurance activities as required.

Capital Cost Estimating 

  • Develop and maintain the governance documentation for Capital Cost Estimating including, Capital Cost, Owners Cost and Stage Costs.
  • Develop and maintain the Capital Cost Benchmarking processes and system.
  • Conduct Assurance activities as required.
  • Support of studies as the need arises i.e. Options analysis estimates.

The above duties and responsibilities are representative of the nature and level of work assigned and are not necessarily all-inclusive.
 

Your training, skills & experience checklist

Here is what we would need to see from you!
Education:

  • Bachelor of Engineering degree and minimum of 15 to 20 year’s of experience including experience with greenfield and international projects, or an equivalent combination of training and experience are necessary. 
  • Advanced degree/certification in business management (MBA), project management or construction management preferred.

Experience:

  • Experience in Estimating and Benchmarking systems is essential.
  • Experience in Closure Estimating and asset.
  • Must have Estimating experience associated with major EPCM/EPC projects (TIC value greater than $1B). Experience should be associated with projects from concept to execution in either Owners or Consultants teams.
  • Prefer experience associated with power, mining or heavy infrastructure work in both domestic US and international locations.

Skills and Abilities:

  • Must have good written and verbal communication skills. 

Working conditions & location

Where you will be located!

  • The primary locations for this position are Vancouver, BC or Denver, CO.
  • Position may be required to travel to and assist other domestic and international sites. Position may require frequent and/or extended travel to foreign locations. 

The salary range offered for this role is $135,320 to 167,160 . The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience.  The salary offer will not be based on a candidate’s salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.  

This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company’s performance and their own individual performance. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and individual performance.

Newmont offers a competitive and inclusive benefits package to support physical, mental, financial and emotional wellbeing. This role will be eligible for the following benefits:  Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; 401(k) program with company match; pension; financial planning; employee assistance program (EAP); adoption assistance; dependent scholarship program; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto and pet insurance.  All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont’s sole discretion.

Consistent with Newmont’s values of safety and responsibility, we believe that COVID-19 vaccination is a critical tool to fight this pandemic and protect the health and safety of Newmont’s workforce and the communities in which we work and live. With the wide availability of vaccines in the United States, if you are offered this position, you will have to show proof of a COVID-19 vaccine prior to being hired.  This requirement will be subject to an exemption process, as required by law.  Newmont may update its vaccination policies/requirements at any time in its sole discretion.


Nearest Major Market: Denver