Cost Analyst

Greenstone Gold Mine

  • Geraldton, ON
  • Permanent
  • Full-time
  • 14 days ago
The Greenstone Mine commenced production in May 2024 and will be one of Canada's largest open-pit gold mines, with annual production expected to average nearly 400,000 ounces of gold per year for an initial 14-year mine life with additional potential from a large underground deposit. Greenstone Gold Mines LP is owned by Equinox Gold Corp, a Vancouver-based mining company with seven other operating mines in the United States, Mexico and Brazil.Job SummaryWe are seeking a Cost Analyst to join our team. Reporting to the Controller, the Cost Analyst is responsible for providing financial insights and support to the mining operations and management team. They will analyze financial data and prepare reports, forecasts, and budgets. They will also offer strategic recommendations to optimize financial performance and support decision-making. Strong cost analysis skills and a solid understanding of the mining industry will be instrumental in ensuring the financial success and sustainability of operations.This is a full-time position (40 hours per week, Monday through Friday), with 50% of the time spent working onsite at the GGM office.Key Responsibilities
  • Collaborate with operational managers to develop annual budgets and long-term financial forecasts for mining operations.
  • Monitor and analyze budget-to-actual performance, identifying cost variances through root cause analysis (what, why, and how) in collaboration with operational managers.
  • Track and analyze mining costs, identifying cost-saving opportunities and efficiency improvements.
  • Work closely with operational teams to optimize cost allocation (e.g., fuel, CAPEX vs. OPEX) and cost control measures.
  • Perform weekly cost analysis, reviewing cost data and commitments to ensure accuracy and timeliness of accruals.
  • Conduct thorough financial analysis of mining operations, including cost assessments and profitability evaluations.
  • Prepare and present financial reports to management, highlighting key performance indicators, financial trends, and areas for improvement.
  • Manage financial databases (SAP, Anaplan, OneStream, Power BI) to ensure accurate and up-to-date financial information to support analysis and reporting.
  • Identify opportunities for process improvement and automation in financial reporting and data management.
  • Ensure compliance with financial regulations, accounting standards, and company policies.
Required Experience and Skill Set
  • Proven experience as a Cost Analyst or Financial Analyst, preferably within the mining, construction, or natural resources sectors.
  • Strong understanding of financial principles and compliance requirements relevant to mining, including cost accounting, capital budgeting, and cost analysis.
  • Knowledge of SAP processes, including PR-PO workflows, account assignments, commitments, and work order procedures, with the ability to identify cost variances and prepare accruals or reclassification entries.
  • Ability to interpret complex cost data and extract actionable insights.
  • Strong collaboration skills, with the ability to work effectively with cross-functional teams and provide financial support to non-financial stakeholders.
Job Conditions
  • Strong attention to detail.
  • Strong analytical skills.
  • Demonstrated commitment to accuracy in financial reporting.
  • Strong verbal and written communication skills.
  • Microsoft Excel proficiency.
  • Advanced proficiency in financial analysis tools and software.
CertificationsEducation
  • Bachelor’s degree in Accounting, Finance, Economics, or a related discipline.
Greenstone Mine provides company transportation from multiple pick-up point locations.Greenstone Gold Mines is committed to inclusiveness, equity, and accessibility. We encourage all qualified candidates to apply.Accommodations are available on request for candidates taking part in all aspects of the selection process.

Greenstone Gold Mine