Analyst, Sales and Marketing
Newmont CorporationAbout the role
Workplace Type: Hybrid - Remote/Onsite
Posting End Date: 21 May 2024
Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. The Company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.
At Newmont, people create the value in the metals we mine and are ambassadors in the communities where they live and work. As a team, we foster an environment in support of our people vision, where everyone belongs, thrives and is valued. We have built a diverse and inclusive workplace where our people can bring their differences to support delivering results together.
Newmont’s Corporate Headquarters are located in Denver, Colorado with roles in Engineering, IT, Finance, Accounting, Human Resources and much more.
Join us and unearth your potential in a global company that is at the forefront of shaping the future of the mining industry.
About your role
Responsible for the back-office support of concentrate sales for multiple products for several sites or region. This includes the preparation of multiple invoices involving calculations based on assays, weights, and prices which are compiled for each contract. In addition, the role is responsible for preparing month-end accounting deliverables and analytics related to concentrates these sites or regions as well as forecast/budget analysis. This role is critical to achieve strict compliance and consistency in all issues relating to Newmont’s policy and procedures, internal controls, and compliance with generally accepted accounting principles. The analyst will support overall objectives of the sales and marketing team including providing analysis on customer receivables, receipt timing, assay results among other critical information to negotiating agreements with customers.
Your role will consist of
1. Concentrate Sales:
• Point of contact with Newmont customers for its global concentrate and by-product sales, including scheduling of shipments, customer invoicing & payment, assay exchange, final settlement of shipments, and back-office support.
• Responsible for the day to day back-office management of their respective sites or regions customer portfolio. Review and maintain information within the Mineman system to ensure all inputs are accurate and current and reconcile to forecast and production spreadsheets provided by the sites or regional teams.
• Preparation of concentrate Sarbanes-Oxley (SOX) related documentation
• Manage umpire assay Quality Assurance / Quality Control process.
• Responsible for reviewing broker prepared lay time calculations.
• Manage and distribute advance reporting of customer, smelter, and umpire lab performance for distribution to Sites or Regional and Newmont Management.
2. Dore Assay Settlement Process:
• Liaise with Site, refinery, assay laboratories, and umpire laboratories for dorè from sites.
• Lead assay settlements with refinery to achieve timely settlements.
• Record all doré shipments in the Mineman system from shipment through to final settlement.
• Establish reporting of final metal return and refinery performance for distribution to Sites or Region and Newmont Management.
• Expand reporting of customer, smelter, and umpire lab performance for distribution to Site or Region and Newmont Management.
3. Other:
• Analyze and evaluate bids, summarize results and generate recommendation that will be used to advise regions on the sales strategy for their mine products.
• Provide direction and support to regions in the efficient management of the marketing and logistics administration related to mine product sales.
• Develop analytical tools, interpret, and provide analysis & recommendations on the performance of assay/weight reconciliations, customer performance and lab performance.
• Develop and manage cross departmental relationships to support efficient execution of Newmont mine product sales strategy; departments include Mine.
• Coordinate and review cash inflows, follow up on any overdue balances with customers related to concentrate sales activity, ensure AR balances are accurate and reconcile to the GL monthly.
• Support in the preparation of monthly consolidated AR reports and provide analysis for Newmont management.
• P
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