Responsible for leading on all mine-related analysis included in internal management reporting and external financial reporting, and assisting the governance around capital expenditure reporting. The role required the incumbent to take a lead role in Financial Systems used by the team. The incumbent will liaise with the mine site finance team, the corporate external reporting team and senior management.
Key Area: Quarterly Operations Performance Reporting:
Prepare the operations narrative and tables in the Quarterly MD&A. Key contributor to the quarterly Audit committee deck and speaker notes, Executive Summary, and the Cost of Sales report
Prepare, analyze and report on changes in production, revenue, cost of sales, depreciation, cash costs, All-in Sustaining costs, net income, operating cash flow and capital expenditures
Respond to queries by auditors and prepare schedule/analysis requested by the auditors
Contribute to the quarterly conference calls with the mines
Implement new accounting pronouncements and their impacts on mine reporting
Key Area: Monthly Operations Reporting: Complete ownership for all analysis and reporting aspects of allocated mines including, but not limited to :
Review monthly operations’ reports and financial statements for consistency with established company policies
Review and understand all mine-related consolidation adjustments and prepare IFRS adjustments done at corporate level: including stockpile and production inventory, capitalized stripping, and cash cost adjustments
Participate in monthly COO conference calls with the mines and provide cash cost, All-in Sustaining costs, and Cost of Sales calculations to management.
Key Area: Capital management:
Supports the approval for capital expenditure (“AFE”) process
Assists in the capital approval process through the Capital Review Committee (“CRC”) by reviewing the back-up documentation and business case to ensure completeness and validity, financial analysis, comparison to plans. Leverages systems (BPM) and ensures appropriate KPI’s, analytics and success factors are included in the business case
Management Reporting of Capital expenditures
Prepares the monthly/ quarterly management reports on capital expenditures by site, project and AFE
Reviews monthly capital expenditure tracking reports and highlights overspend and exceptions
External Capital expenditures Reporting
Prepares capital expenditure reporting for the quarterly MD&A
Collaborates with financial reporting/site finance teams on capital reported in the cash flow statement
Use the World Gold Council Guidance on All-in-sustaining costs to report capital as sustaining or non-sustaining
Reviews the capitalized stripping models monthly and provides assurance on accounting
Uses systems (Oracle, HFM, BPM) to automate capital expenditure reporting
Capital expenditure planning
Reports on the capital expenditure plans of each site for the budget and five year plan, quarterly forecast and estimate
Key Area: Systems: Super user in Financial Systems
As a Super user of Business Performance Management system (BPM), drive the design of new and improved customized reports, and ensure the accuracy and validity of KPI entered into BPM
Super user of HFM: Review and approve financial and statistical data loaded and input into Hyperion Financial Management (HFM)
Key Area: Other :
Travel to sites as required
Continuous improvement initiatives - Assist in automation of, and improvements in, all analytical models. Preparation of streamlined analysis templates, as required.
Ad hoc projects, as required.
What we look for:
Minimum 5 years of experience
Mining experience preferred
Excellent attention to details
Ability to meet deadlines
Strong written and oral communication skills. French preferred, not required
Strong organizational and time management skills, with the ability to work independently and to establish priorities with minimal supervision
Proficient in Excel and Word; experience with Hyperion Financial Management (HFM) preferred
Willing to travel
IAMGOLD is committed to treating all people in a way that respects their dignity and independence. Should you require any accommodation during the recruitment process or otherwise, please notify us of this when you apply and we will work with you to meet your accessibility needs.
IAMGOLD is a leading mid-tier gold producer with four operating gold mines (including current joint ventures) on three continents. IAMGOLD has a pipeline of development and exploration projects. The company’s growth plans are focused in Canada, select countries in South America and Africa.
IAMGOLD is committed to a Zero Harm approach: we continually strive to reach the highest standards in human health and safety, minimize our impact on the environment and work co-operatively with our host communities.
Primary Location: Canada
Work Locations: 19 - Toronto Head Office 401 Bay Street Suite 3200 Toronto M5H 2Y4
Organization: Finance CFO
Job Posting: May 8, 2020, 3:46:55 PM