Sr Treasury Analyst - Metal Sales and Cash Forecasting

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

What will you be responsible for?
As our Senior Treasury Analyst – Metal Sales and Cash Forecasting, you will be responsible for coordinating all aspects of the precious metals sales process, including determining the gold tenders and spot sale requirements, recording, monitoring, confirming and settling all sals, reconciliation and monitoring of accounts with refiners and bullions banks. You will manage the global cash forecasting process, supporting bank account management and providing back up support to the cash team.  

In this role you will

Here is a snapshot of what your day to day will look like:
Metal Sales

• Manage day-to-day metal sales volumes
• Prepare metal sales forecasts
• Partner with region and sites shipping schedules and quantities
• Recording, confirming and settling all gold and silver metal sales
• Manage metal sales tender process to ensure target pricing is achieved
• Determine ounces to be sold or bought per shipment
• Reconcile gold and silver sales transactions to bank confirmations in compliance with SOx controls
• Execute transfer of gold and silver bullion to counterparties through an internet based bullion transfer system
• Reseach and resolve transactional and settlement discrepancies with bullion and trading banks
• Prepare all weekly metal sales related revenue activity
• Maintain all counterparty settlement instructions
• Communicate when regional resources have or need tools to effectively determine metal production volumes and scheduling conflicts that may impact timing of shipments
• Execute sales confirmation process with customers
• Supervise issues in metal sales process including scheduling conflicts, operational issues, and external market conditions that could occur related to transportation, logistics or sales transactions
• Coordinate with Treasury Manager , Site & Regional teams and/or the Marketing team for non-bullion commodities on any contractual stipulations or complications that arise
• Determine shipments to be financed and coordinate outturn dates
• Manage the sales to Bank of Ghana including invoicing
• Manage intercompany metal sales, tracking shipments, status, and settlement
• Liaison with JV partners on process and timing of sales
• Execute SOX controls and serve as the primary contact for internal and external audit request
• Provide necessary information for quarterly executive reporting
• Financial analysis as required

Quarterly reporting

• Manage and process PO payments through SAP
• Maintain all counterparty settlement instructions

Cash Forecasting

• Develop and maintain a monthly scorecard and reporting process at the regional business and consolidated level
• Provide monthly reporting at a regional business and consolidated level
• Assist in developing and maintaining cash forecasting systems

     
Treasury Operations Back Up Support

• Recording, confirmation and settling foreign exchange transactions
• Daily preparation of cash management activity to be used in determining investment and borrowing requirements.
• Recording, confirmation and settling investment and borrowing transactions.
• Initiate wire transfers and verify approval authority

Your training, skills & experience checklist

Here is what we would need to see from you!
Experience:

• 4-5+ years of finance experience required 
• Treasury operations and metals sales experience preferred
• Advanced degree or certification preferred
• Bullion and banking system experience preferred

Skills and Abilities:

• Excellent communication and influencing skills
• Ability to work independently or as part of a team
• Ability to present financial data in a professional manner
• Strong Microsoft PowerPoint, Excel and Word skills
• Strong financial modeling capabilities
• High sense of urgenc