Who We Are

We are a global mining company dedicated to safely delivering nickel, copper, cobalt, and platinum group metals essential for the world's energy transition.

Our mission is to improve lives and shape a better future together.

From utensils to cellphones to satellites, our operations simplify daily life and enhance connectivity. Our metals are integral to life-saving medical equipment and the electric vehicles driving the fight against climate change – our work truly matters.

Join our diverse team of 15,000 talented individuals committed to transforming critical minerals into prosperity and sustainable development in countries like Canada, Brazil, Indonesia, the United Kingdom, and Japan. We invite you to use your skills with us and contribute to something meaningful and enduring.

The Opportunity

We are currently seeking a Specialist, Closing Cost to join our Corporate Accounting team in Toronto.

This is a permanent hybrid position.

As a Specialist, Closing Cost you will manage the cost closing process for all Base Metals entities, ensuring accurate and timely completion of financial activities related to expenditures and project closing. Your experience and skill will allow you to plan and execute the strategic actions and initiatives identified by the leadership in Global Cost and Investment Management, ensuring the adoption of the best market practices in management and control in a long-term view.

Additionally, in this position you will:

• Validation and management of the SAP-CO Masterdata, SAP-Project Masterdata and IBS (budget tool) Masterdata, such as the creation and management of profit centers, cost center, work breakdown structure, GL accounts, plants, production phases, assessments cycles, statistic indexes, distribution cycles, internal orders, production orders and profiles, ensuring adherence to Vale's business rules, identifying systemic risks, and proposing improvements.
• Collaborate with various stakeholders, including project managers, finance teams, and vendors, to reconcile costs, analyze variances, and provide financial insights for decision-making.
• Creation and maintenance of cost and investment SAP Master Data, parameterization of Investment Master Data, maintenance of the Chart of Accounts of the group's companies, cost center and profit center management, ensuring the correct interpretation of corporate laws and IFRS regulatory resolutions, aiming the standardizing concepts, governance and process that guarantee the recognition, integrity, compliance and quality of the results.
• Execute, coordinate and oversee the month-end cost closing process for all expenditures and projects (including the mirroring projects activities), ensuring adherence to timelines and financial guidelines, verifying the accuracy and completeness of cost data, ensuring compliance with company policies and accounting standards.
• Prepare financial reports summarizing expenses, projects and COGs, variances, and overall financial performance for management review and to present to the board of directors of base metals. Analyze cost trends, identify cost-saving opportunities, and provide recommendations for process improvements. Responsible for information on Cost of Product Sold, Cost of Service Provided and Product Inventory, as well as the load on the consolidation system and quantitative and qualitative analysis.

About You

Education:

• University Degree in Accounting, Finance or a related discipline.

Experience:

• A minimum of 8 years of experience

Skills:

• Have a deep knowledge of the flowsheet of each operation (mines, mills, refineries, smelter) in Canada, Brazil, Indonesia, UK and Japan, to be able to design the cost model of all base metals companies and execute the proper cost allocation.
• Understand the main functionalities of the CO, PS, FI, FM, MM modules in SAP, being able to use the functionalities to support the work on a daily basis.
• Advanced knowledge of microsoft excel (Vlookup, Pivot Tables, Conditional formatting, Macros etc)
• Ability to work independently & a mindset of process Improvement
• Knowledge of risk mitigation and control efficiency
• Strong analytical skills to analyse processes flows for complex processes
• Good communication skills

What We Offer You

• Competitive compensation including a variable annual incentive plan
• Participation in a competitive Defined Contribution Pension package
• Comprehensive benefits package (company paid core coverage, health and dental coverage, flex accounts, disability plans and optional insurances)
• Leave for all of life's reasons (vacation, flex, sick, parental)
• Work culture dedicated to safety, diversity & inclusion, and career growth
• Employee Family Assistance Program
• Virtual Healthcare online
• Online training and career development opportunities.

Why Toronto

Vale's Toronto office, nestled in the heart of Canada's largest city, serves as a pivotal hub for the company's operations. This office is central to Vale's IT, strategic planning, Human Resources, and legal affairs, driving key initiatives that support the company's global mission. Toronto's vibrant, diverse, and dynamic environment enhances Vale's ability to innovate and excel in these critical areas, reflecting the city's status as a leading international business center.

Include to Transform

At Vale Base Metals, 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 critical 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.

Pay Grade: F4T

Apply by: Monday, December 23rd, 2024

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