Date: Dec 5, 2024
Location: Paramaribo, PM, SR
#job-location.job-location-inline { display: inline; }Company: Newmont Goldcorp Corporation
Newmont Suriname was established in 2004 as an entity of Newmont Mining Corporation and is headquartered in Paramaribo, Suriname. Located in South America, Suriname was originally settled as a Dutch colony, is very culturally diverse and enjoys a tropical climate. The Merian Project is located approximately 60 km south of Moengo in a largely undeveloped part of the country with the nearest permanent settlement, Langa Tabiki, approximately 17 km east from the Project site. Strong support from host communities and the government of Suriname strengthen Merian's ability to deliver safe, profitable production with significant upside potential and opportunity for employees, host communities and shareholders.
Dimensions
Direct Reports 3
Indirect Reports 6
Operating Budget
Site:$250M
Department: $3.3M
Capital Budget
Site:$25M
Department: $0
Purchasing Authority $50,000
Purpose
Newmont Suriname (NS), with an annual spend on capital and operating of approximately $260M, represents one of the profitable business units in Newmont.
The Finance Superintendent is an important role which influences and directly impacts upon financial and commercial decisions of material significance to NS, through the analysis, provision of advice and guidance and the development and maintenance of control and reporting systems in Suriname.
This role is responsible for all financial reporting associated with NS, including reporting actual results on a monthly, quarterly and annual basis, facilitates financial audits and performs financial performance results and variance budgeting, forecast preparation and capital expenditure reporting. The position has three direct reports and a total staff of 9 and interfaces with all departments and functions operating within Suriname and the Accounting, Finance, Treasury, Internal Audit and SOx functions in both the South America Region and Corporate Newmont.
Essential Duties
Finance
• Continually improve site financial processes and systems that will preserve the operation’s value and result in well-informed commercial decisions.
• Educate all key personnel in the accounting and costing processes and systems as well as applicable Standards and Guidelines
• Manage the month end process to ensure that month end procedures are completed so as to meet Newmont’s Monthly reporting schedule, including; analysis and approval of accruals and journals ensuring accuracy and compliance with SOx controls, accounting policies and US GAAP. Ensure that financial information submitted to Denver is accurate and approved by Site Business Manager and Controller.
• Analysis of monthly and quarterly costs for the General Manager, Site Business Manager, Controller.
• Preparation of presentations regarding site costs, physicals and drivers for the Newmont Suriname Gold Safe Production and Cost meetings, Site Monthly Safe Production and Cost meetings
• Development of a MOS for reporting with respect to meetings and submission deadlines for the site, and arrange for the meetings to be held in accordance with that schedule.
• Provide consulting advice to the Departmental Managers on cost systems and opportunities for improvement by maximising revenue and reducing/controlling costs.
• Provide input into the weekly and monthly reports and develop of systems supporting forecasting and actual reporting of site physicals
• Manage the development of analytical models and forecasting tools in Excel and Hyperion for all major cost drivers for the site ensuring the Departmental Managers and Superintendents have the information needed for cost and volume analysis, quarterly forecasts, and the annual Business Plans.
• Assist in analysis of supplier contracts including input into key supplier meetings. Develop and report Supplier KPI’s and work with the Contract Coordinator on site to review Supplier performance and seek opportunities to add value to the business through the supply of inputs.
Capital
• Support and maintain the Newmont Suriname capital effectiveness processes and systems that will result in well-informed commercial capital expenditure decisions.
• Provide technical advice to Authority for Expenditure preparers.
• Review, and when necessary, prepare capital submissions ensuring technical and financial aspects of the business case are properly presented so as to support the capital approval process.
Business Excellence
• Identify opportunities for continuous improvement and process redesign, and to provide support and coaching to all department employees with regard to the Business Excellence methodology and tools.
Legal
• In conjunction with the Controller, co-ordinate the Suriname legal function on site identifying opportunities and minimizing risk, and implement processes around all commercial agreements.
Business Results
• In conjunction with the Controller, support the Business Planning process for the site and the achievement of the objectives defined in the annual Suriname site business plan.
Safety & Health
• Continually improve the safety management system, improve safety performance and develop a deeper safety culture within the Business Department.
General
• Ensure strong and functional links with the Region are developed to maximize efficiency and synergy in all areas of the operation.
• Support the Controller to meet operational needs as required.
Training & Experience
• Tertiary Qualification – Degree in Accounting
• Professional Accounting or Finance Certification Required
• 10 Years of experience in a financial role
• 5 Years of experience in a management or senior role in a Mining environment
• Advanced PC skills and computer literacy
• Demonstrated knowledge of SAP ERP Systems
Working Conditions
Newmont Suriname has a central administrative office located in Paramaribo with the operating site, Merian, located approximately 300km south east of Paramaribo in Suriname.
The role will be primarily based in Paramaribo, with requirements to spend time at the operating site for extended periods.
Newmont is an Equal Opportunity Employer that operates globally to a common set of safety, environmental and community relation standards that define expected performance for our operating sites. Maintaining high standards for all of Newmont’s operations, and measuring our performance against those global standards, is an integral part of our current business practice and our short term goals.
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.
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