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Manager, Financial Reporting, Penasquito

Date: 
Location: 

Greenwood Village, 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

 

Are you passionate about working for a global company within Finance?


Join Newmont! As the Manager of Financial Reporting at Penasquito you will perform monthly and quarterly financial close activities for the relevant mine site in coordination with the Site Business Manager and team, analyze accounting issues for the site, including technical, operational, financial reporting, and SOX control matters, support internal and external audit requirements as necessary in coordination with the site team, and ensure adequate analysis and QA/QC of site results to avoid errors and incorrect accounting treatment for the operations within the region. Additionally, you'll support Americas General Ledger Manager, Operational Accounting Manager and Assistant Controller to develop and implement accounting initiatives, ensuring adequate technical accounting analysis for assigned site(s).

In this role you will

 

  • Handle site inventory accounting activities, in coordination with our operational site teams and corporate accounting to record accurate inventory entries on co-product accounting
  • Guide Corporate Accounting through the review and evaluation of inventory modeling, including evaluation of Net Realizable Value calculations as per the co-product accounting. Execute associated critical SOX 404 internal controls over this process.
  • Lead site reclamation accounting activities, coordinating with operational teams as well as the corporate operations accounting and closure management teams to ensure accurate reclamation accounting entries
  • Review variance analysis for site against business plan and forecast on metrics including Costs Applicable to Sales, All-in Sustaining Costs, Cash Sustaining Costs, production metrics (tonnage, grade, recovery, etc) and coordinate with our Site Business manager to ensure key variances are gathered and presented in terms of the co-product accounting
  • Analyze site operations to ensure potential impairment indicators are communicated to Corporate Accounting and are analyzed and documented from both a US GAAP and, if applicable, IFRS perspective
  • Manage special projects as required, such as: IFRS conversions, acquisitions/divestitures, accounting systems upgrades and audit related activities.
  • Partner with Financial Reporting to analyze and report actual operating results in our organization's management reports and SEC filings. Prepare and review Results of Operations, including in the Company’s Management Discussion and Analysis of its external SEC filings.
  • Support and coordinate the quarterly external audit review and annual external audit process as needed for the site
  • Champion Newmont accounting standards by partnering with Corporate Planning and regional sites to ensure budgets and forecasts are appropriately and consistently reflected. Execute the QAQC accounting review as part of the annual planning process and improve current financial information system.
  • Handle the execution of monthly analysis of trial balance, in conjunction with Site Business Manager, to ensure results are accurate and reflect appropriate accounting from both a transactional, systematic, and technical accounting perspective
  • Accountable for the accuracy of capital and expense classification, including the analysis of depreciation and amortization recorded contributing to the operational close including the co-product accounting effect of the cost
  • Coordinate with SiteBusiness Manager and the Corporate technical accounting, on technical accounting topics that are applicable to the site
  • Coordinate with internal audit to support completion of annual audit plan, review audit reports, and to help organize management action plans, as necessary in coordination with the site including any internal control issues
  • Lead the site in the development, implementation, enhancement, communication and functional maintenance of accounting and cost reporting systems, as necessary
  • Assist the site on staffing including limited temporary assistance and fill in for Site Business Manager, as needed


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

Your training, skills & experience checklist

 

  • Undergraduate degree in Finance or Accounting with a Master's degree and professional certifications preferred 8 years experience in the mining or extractive industries in a planning, budgeting, accounting, tax and/or financial management role Systems focus and experience with SAP and BPC, preferred
  • At least Eight years of mining or other extractive industry experience required in the accounting or auditing subject areas with the knowledge on co-product accounting
  • CPA or equivalent, preferred
  • Knowledge of US GAAP, SEC rules and regulations and internal control system design and operation
  • Knowledge of IFRS, preferred
  • Exhibited excellent verbal and written communication skills
  • Strong Microsoft Office skills required
  • Ability to work in a team environment
  • High level of motivation, requiring minimal direction/supervision, and assertive diplomacy necessary
  • Hands on work required
     
Working conditions & location

 

  • The position will sit in the Greenwood Village, CO Corporate Office.
  • Working in our inclusive environment, telephone calls or other meetings may take place before and/or after normal local business hours to accommodate other regions' work schedules and priorities.
  • We may ask you to travel both domestically and internationally to our various regional sites.
     

To learn more about Newmont visit us at:

Our business success comes from the accomplishments and well-being of our employees and contractors. Our goal is to build a workplace culture that fosters leaders and allows every person to thrive, contribute, and grow. We are committed to selecting and developing our employees, and to establishing a work environment where everyone can take an active part in reaching our strategic goals while feeling a sense of pride in working at Newmont.

Newmont seeks to recruit, hire, place and promote qualified applicants, meaning applicants who meet the minimum requirements of the position, without regard to personal characteristics such as gender, race, nationality, ethnic, social and indigenous origin, religion or belief, disability, age or sexual orientation or any other characteristic protected by applicable law.

NOTE: Newmont does not ask for or require job applicants to pay money to apply or be considered for employment with the Company. In addition, Newmont does not ask potential job candidates to provide sensitive personal data without first submitting a job application through our secure, online portal, and only as requested for legitimate business purposes.  If you are asked to provide money or sensitive personal data through any other means, do not respond and please report this immediately to it.sec@newmont.com.


Nearest Major Market: Denver