Sr Treasury Analyst - Metal Sales and Cash Forecasting

Date:  Nov 17, 2023

Denver, CO, US, 80237

Founded in 1921 and publicly traded since 1925, Newmont ( 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 will you be responsible for?
As our Senior Treasury Analyst – Metal Sales and Cash Forecasting, you will be responsible for coordinating all aspects of the precious metals sales process, including determining the gold tenders and spot sale requirements, recording, monitoring, confirming and settling all sals, reconciliation and monitoring of accounts with refiners and bullions banks. You will manage the global cash forecasting process, supporting bank account management and providing back up support to the cash team.  

In this role you will

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

  • Manage day-to-day metal sales volumes
  • Prepare metal sales forecasts
  • Partner with region and sites shipping schedules and quantities
  • Recording, confirming and settling all gold and silver metal sales
  • Manage metal sales tender process to ensure target pricing is achieved
  • Determine ounces to be sold or bought per shipment
  • Reconcile gold and silver sales transactions to bank confirmations in compliance with SOx controls
  • Execute transfer of gold and silver bullion to counterparties through an internet based bullion transfer system
  • Reseach and resolve transactional and settlement discrepancies with bullion and trading banks
  • Prepare all weekly metal sales related revenue activity
  • Maintain all counterparty settlement instructions
  • Communicate when regional resources have or need tools to effectively determine metal production volumes and scheduling conflicts that may impact timing of shipments
  • Execute sales confirmation process with customers
  • Supervise issues in metal sales process including scheduling conflicts, operational issues, and external market conditions that could occur related to transportation, logistics or sales transactions
  • Coordinate with Treasury Manager , Site & Regional teams and/or the Marketing team for non-bullion commodities on any contractual stipulations or complications that arise
  • Determine shipments to be financed and coordinate outturn dates
  • Manage the sales to Bank of Ghana including invoicing
  • Manage intercompany metal sales, tracking shipments, status, and settlement
  • Liaison with JV partners on process and timing of sales
  • Execute SOX controls and serve as the primary contact for internal and external audit request
  • Provide necessary information for quarterly executive reporting
  • Financial analysis as required

Quarterly reporting

  • Manage and process PO payments through SAP
  • Maintain all counterparty settlement instructions

Cash Forecasting

  • Develop and maintain a monthly scorecard and reporting process at the regional business and consolidated level
  • Provide monthly reporting at a regional business and consolidated level
  • Assist in developing and maintaining cash forecasting systems

Treasury Operations Back Up Support

  • Recording, confirmation and settling foreign exchange transactions
  • Daily preparation of cash management activity to be used in determining investment and borrowing requirements.
  • Recording, confirmation and settling investment and borrowing transactions.
  • Initiate wire transfers and verify approval authority

Your training, skills & experience checklist

Here is what we would need to see from you!

  • 4-5+ years of finance experience required 
  • Treasury operations and metals sales experience preferred
  • Advanced degree or certification preferred
  • Bullion and banking system experience preferred

Skills and Abilities:

  • Excellent communication and influencing skills
  • Ability to work independently or as part of a team
  • Ability to present financial data in a professional manner
  • Strong Microsoft PowerPoint, Excel and Word skills
  • Strong financial modeling capabilities
  • High sense of urgency and follow through
  • Eagerness to learn and take appropriate measured risks

Working conditions & location

Where you will be located!

  • This position is located at the Corporate office in Denver, CO
  • Position may be required to work overtime and/or weekends


We understand no candidate will meet every single desired qualification. If your experience looks a little different from what we’ve identified and you think you can bring value to the role, we’d love to learn more about you!

The salary range offered for this role is $79,760 to 94,715. 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. 

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; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; 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.

Nearest Major Market: Denver