Founded in 1921 and publicly traded since 1925 Newmont www.newmont is one of the largest gold companies in the world. Headquartered in Denver Colorado the company has approximately 24000 employees and contractors with the majority working at Newmonts 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. Newmonts 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.
Purpose
- Manage the project economic evaluation process on behalf of Investment Managers and the Corporate Planning department by evaluating investment alternatives within Newmonts capital projects portfolio and determining which alternatives have the best economic and strategic fit for the company. Provide leadership and governance for Newmonts investment evaluation standards and tools.
- Partner with Investment Managers and Corporate Leadership by analyzing the impact that investment alternatives will have on business plans and strategic plans. Act as a subject matter expert for the planning and investment evaluation processes.
- Support the corporate planning function in determining enterprise funding requirements and by providing reporting and analysis of regional and consolidated business & strategic plans. This includes managing our portfolio tools analyzing the business portfolio and supporting senior management decision making around business plan & strategic scenarios
Essential Duties
- Leads the development establishment and implementation of global standards tools and practices of economic & portfolio evaluations. Develop new and/or improve existing economic models that quantify net present value and rate of return of incremental aftertax cash flows related to specific investment alternatives.
- Lead and manage and provide recommendations for the development of specialized analytical tools including simulations scenario analysis portfolio management or detailed budgeting systems. Integrate findings into the consolidated business plan to determine portfolio risks and opportunities.
- Establish and manage a critical financial reporting systems & control framework effectively serving as the gatekeeper for consistent and disciplined communication of project metrics assumptions and assertions supporting the information needs of Investor Relations Financial Reporting and Newmonts executive leadership team.
- PerformQA/QC & peer reviews as well as planning coordinating and providing advanced and complex analytics evaluation interpretation and synthesis of data; leading business and strategic decisions
- Act as a true business partner with Director & above leaders (SVP Projects and Study and Project Directors) & other cross functional teams to present coordinated results for project investment reviews with the Executive Leadership Team. Manage functional relationship and provide independent recommendations.
- With thorough knowledge of corporate and regional business plans and strategies assist in communicating the global strategic rationale for investment decisions effectively to help determine the strategic fit of a project or investment opportunity and present analysis to relevant stakeholders including the ELT regional & functional leadership.
- Independently develop produce enhance and analyze key performance metrics for projects / operations/investment opportunities that enable a standardized rating and ranking against other alternatives in Newmonts investment portfolio.
- Enhance plan flexibility and optionality by leading & facilitating the process of evaluating project portfolio & investment options that are collectively exhaustive and mutually exclusive.
- Drive quality assurance and establish quality control processes by providing internal and external benchmarking analysis related to key assumptions and parameters used in the economic and portfolio models.
- Leads the effort of collaborating with technical and business functions to ensure that sources used in economic and portfolio models are based on appropriate assumptions that conform to current Planning guidance.
- Provide mentoring to individuals in the organization that improves economic evaluation techniques planning skills understanding of Newmonts portfolio and overall business acumen.
- Subject Matter Expert for the departments analytical tools methods and processes. Provides recommendations for improvement/best practices. Requires sound knowledge of integrated planning systems financial accounting tax capital budgeting and portfolio analysis.
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The above duties and responsibilities are representative of the nature and level of work assigned and are not necessarily allinclusive. |
Training & Experience
- Undergraduate degree in Finance Economics or Mining related technical degree. MBA or Masters in Mineral Economics preferred.
- Minimum 10 years of combined relevant experience in mining and financial work. At least 3 years in the mining industry. Previous management experience preferred.
- Ability to efficiently and effectively evaluate and prioritize tasks.
- Selfmotivated dynamic diplomatic and results oriented.
- Experience in project management valuation risk analysis simulation and mining operations.
- Excellent communication/presentation skills both written and verbal.
- Strong interpersonal skills and ability to interact with all levels within the organization
- Strong understanding of financial accounting tax capital budgeting and portfolio analysis including development of portfolio management tools.
- Expert analytic quantitative and synthesis skills; indepth understanding and application of financial data and modeling and associated systems/tools.
- Ability to lead through influence impact across diverse stakeholder groups.
Working Conditions
- Position may be required to travel to and assist other domestic and international sites.
- Position may be required to work in a mining environment on a temporary basis.
Our business success comes from the accomplishments and wellbeing 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.
Required Experience:
Senior Manager