Director - Treasury

Job Description

• Provide leadership in treasury activities including cash management, cash forecasting and liquidity planning, liability/debt management and capital market transactions, financial assurance (letters of credit and surety bonds), metal sales and hedging transactions, global insurance and loss prevention programs, and other areas, as required.
• Provide leadership to treasury staff, particularly in Europe and South America, and function as a key liaison between Corporate and the regional finance team and/or the mine sites.
• Maintain key control processes and ensures such processes are followed and in compliance with corporate governance, financial reporting, tax, and other Company policies.
   

Job Responsibilities

Provide oversight of cash management and cash forecasting and liquidity planning processes, including:

• Oversee use of cash management banks and processes working closely with tax and other departments to ensure efficient movement of global cash.
• Liaising with various internal and external stakeholders in maintaining the short-term cash forecast for use in corporate long-term liquidity analysis and planning.
• Continuously explore ways to improve cash forecasting processes and systems.

Provide leadership and coordination for liability / debt management and capital market transactions, including:

• Manage lender due diligence processes and co-ordination of all information requirements to support completion of financing transactions. Review and provide comments on financing agreements, and manage completion of all financing documentation, with assistance of legal.
• Work with internal teams to oversee preparation of financial models required for financing transaction, ongoing covenant requirements and rating agency reviews.
• Ensure ongoing covenant compliance in accordance with loan agreements.
• Manage the MIGA political risk insurance process.
• Manage relationships with rating agencies and support the annual review process.

Manage financial assurance (letter of credit and surety bonds) facilities, including:

• Maintenance of current capacity, including negotiation of related fees and broker compensation for existing bonding requirements.
• Evaluation and availability of financing alternatives to support new letters of credit and surety bonding requirements.

Lead and oversee treasury activities in Brazil, Chile, and Europe.

Involvement in other treasury processes, including metal sales, hedging (FX and energy) transactions, global insurance and loss prevention programs, quarterly internal and external reporting requirements, and other areas as required.
 

Sustainability Expectations

• Performs a variety of critical duties within treasury that contribute to the short and long-term success of the Company. 
• Adheres to all safety and environmental considerations. 
• Promotes a work environment where health, safety and the environment are the highest priority. Is alert and observes, corrects, and reports unsafe conditions. 
• Follows operating procedures and complies with all regulatory requirements.

Education and Experience

• Bachelor of commerce, finance, or economics degree required.
• 8 – 10 years of related work experience.
• Preferably a CPA with experience working within a Treasury or Finance function at a managerial level.
• Proficiency with MS Excel and MS Word.
• Ability to deal with deadlines during peak periods.
• Ability to travel internationally as required.

Additional Qualifications & Skill Requirements

• Excellent attention to detail and good organizational skills
• Ability to prioritize effectively.
• Strong analytical skills
• Ability to learn quickly.
• Ability to work with others in a team environment.
• Flexibility to undertake a variety of assignments