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Business Analyst

Employer
Vale Base Metals
Location
Ontario, Canada
Salary
Competitive
Closing date
Feb 1, 2022

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Who We Are

Who We Are:

Welcome to Vale in Canada. As a leader in the mining industry, our responsibility is to positively impact our people, communities and the environment. We value our workforce and offer continuous training and career development opportunities for our people.

Vale is a global leader in the production of iron ore and one of the largest producers of nickel. Active in Canada for over 100 years, Vale employs nearly 6,000 people across our corporate office in Toronto and sites in Manitoba, Ontario, Newfoundland and Labrador. Applying the latest technologies to sustainably produce nickel, copper, cobalt, platinum group metals, gold and silver is at the heart of what we do.

With our global headquarters in Rio de Janeiro, Brazil, and approximately 125,000 employees in over 30 countries, Vale is constantly growing and changing. We invite you to be part of our evolution.

Our Sudbury Operations have been in existence for more than 100 years. With five mines, a mill, a smelter, a refinery and nearly 4,000 employees it is also one of the largest integrated mining complexes in the world. Sudbury is also home to several administrative sites serving both the Ontario Operations as well as all our North Atlantic Operations.

Port Colborne is home to our Nickel Refinery where raw materials from our Sudbury operations are processed into electrocobalt and precious metals and serves as a distribution centre for finished nickel products.

Our Team:

The Financial Planning and Analysis team supports Plant Operations and Support Groups by providing timely financial analysis and reporting that will enable the site management team to make informed decisions and control their costs.

The Opportunity

We are currently seeking a Business Analyst, Local 2020-05 to join our Sudbury Operations.

Be a business partner to the operating site or sites by being a key member of the site management team, gain and maintain a thorough understanding of the cost structure, cost drivers and operation of the site or sites, provide relevant financial information and analysis that will enable the site management team to exercise cost control over their costs. Ensure financial reporting requirements are met as set out by the North Atlantic Management team including, but not limited to, monthly results, weekly, monthly, yearly forecasts, annual budget and five year plans.

Accountabilities

Be a business partner to the site or sites you are allocated to by:
  • Gaining and maintaining a thorough understanding of the cost structure and cost drivers of your site or sites
  • Gaining and maintaining a thorough understanding of the operations at your site or sites
  • Understand and analyze the components and drivers of operating costs
  • Understand and analyses the contract expenditure impacting costs
  • Understand and analyze the impact of production challenges and plans on costs
  • Understand and analyze capital expenditure and the impact that production challenges and plans have on it
  • Provide support to the site management team in terms of cost analysis, financial results and financial sign-off on operational changes impacting costs and/or revenue
    • Costs analysis includes reporting on absolute cost for the period (month, quarter, year, YTD etc.), cost in terms of cost category and unit costs
    • Financial results analysis includes reporting on actual vs. budget, actual vs. plan and plan vs. budget numbers over various timeframes
    • Track costs against the site’s or sites’ agreed-upon KPIs and working with site management, analyze the reasons for any deviations and develop and implement action plans to address the deviations; track action plans to ensure implementation and effectiveness
    • Ensure that costs recorded are valid and relevant to your allocated site or sites
    • Assist site or sites with the preparation of forecasts (weekly/monthly/yearly), annual budget and five-year plan for all costs (operating and capital costs) within the guidelines and deadlines provided by N.A. Management and Reporting & Budgeting team. Forecasts are to be prepared in conjunction with site management and needs to take into account production forecasts and plans and the impact thereof on the various cost drivers
    • Be active in the management of the site or sites you are allocated to in terms of providing feedback and input on matters that affects costs, provide different insights and perspectives where possible and relevant and challenge the team on the requirements for spending or new projects
    • Analyze costs for potential opportunities to reduce or eliminate costs; discuss these with the N.A. Finance team and site management; log agreed-on initiatives in the relevant tracking tool; regular review and follow up on initiatives to ensure implementation thereof and realization of benefits
  • Be a member in the capital risk ranking process at the plant level to ensure all site capital proposals meet cost-benefit and business value justifications, provide analysis and advice to plant management for all capex submissions
  • Review and provide input to plant specific business cases (ex. engineering requests, upgrades, mobile equipment rent vs buy scenarios, total cost of ownership business cases) with direction and oversight from NA Business & Support group
  • Provide guidance and make decisions on capital vs operating spend at the plant, capital lease criteria with direction and oversight from NA Financial Reporting group
  • Ensure plant financial reporting requirements are delivered accurately and timely
  • Prepare and analyze quarterly reconciliations of key balances
  • Review plant process orders and key inventory balances for month end close process
  • Provide information to external and internal auditors to ensure integrity and compliance of financial statements
  • Educate the operations teams on the financial impact that their decisions have and work with them to minimize any negative cost impacts
  • Attend all relevant plant meetings such as daily/weekly/monthly update meetings
  • Attend any other relevant meeting as required by the N.A. Management Team
  • Any other tasks that may be assigned from time to time

Qualifications & Specific Skills
  • Education: The successful candidate will possess a University business graduate or equivalent (Business or Commerce program preferred).
  • Experience: The ideal candidate will possess a minimum of three years of progressive relevant experience in a resource, processing or manufacturing environment.
  • Computer Skills: Proficiency with Microsoft Office products to include Word, Access and Outlook and Vale Accounting systems to include, Oracle or SAP. Requires advanced knowledge of Excel spreadsheets for modeling and analysis (extra weight on this component in technical section).
  • Specific Skills:
    • Knowledge of product and inventory costing methodologies and principles.
    • Knowledge of financial accounting systems.
    • Experience supporting strategic cost savings initiatives.
    • Knowledge of Mining, Milling and Refining Processes.

What We Offer You
  • Competitive salary
  • Work culture dedicated to safety, diversity & inclusion and career growth
  • Grow your career in a large and global company, and mining industry leader
  • Employee Family Assistance Program
  • Online training and career development opportunities

Comments:

These positions are covered under the Collective Agreement between Vale and the Local 2020-05 United Steelworkers.

Applicants are encouraged to review the Job Selection Posting Process for Local 2020-05 Employees located on the Ontario Operations Human Resources website.

We appreciate your interest in being a part of the team though only those applicants who are selected for interviews will be contacted.

Difference Makes All the Difference

At Vale, we are committed to ensuring an inclusive work environment where people feel comfortable to be themselves. Vale encourages everyone to express their ideas and opinions and values the plurality of individual profiles. We want our people to feel that all voices are heard, all cultures respected and that a variety of perspectives are not only welcome – they are essential to our success. We treat each other fairly and with dignity regardless of race, gender, nationality, ethnic origin, religion, age, sexual orientation or any other personal consideration that makes us different.

Vale is an equal opportunity employer seeking to increase diversity across our operations and improve equal opportunity at Vale and in the mining industry.

In accordance with the Accessibility for Ontarians with Disabilities Act, accommodation is available throughout our recruitment process for applicants with disabilities.

Apply By: January 31, 2022

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