Senior Analyst, Treasury

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Date: Oct 11, 2024

Location: Toronto, ON, CA

Company: Hudbay Minerals

Role Title:

Senior Analyst, Treasury

Reports to:

Assistant Treasurer

Manager Once Removed:

Vice President, Treasurer

Direct Reports:

1

Job Type:

Full-time, permanent

Location

Toronto

 

 About Hudbay:

  At Hudbay, we are driven by our purpose: We care about our people, our communities, and our planet.

 

 Hudbay provides the metals the world needs. We work sustainably, transform lives, and create better futures for communities.

 We transform lives: We invest in our employees, their families and local communities through long-term employment, local procurement and economic development to improve their quality of life and ensure the communities benefit from our presence.

  • We operate responsibly: From exploration to closure, we operate safely and responsibly, we welcome innovation and we strive to minimize our environmental footprint while following leading operating practices in all facets of mining.
  • We provide critical metals: We produce copper and other metals needed for everyday products and essential for applications to support the energy transition toward a more sustainable future.

 

Hudbay (TSX, NYSE: HBM) is a copper-focused mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada, Peru and the United States. Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by meaningful gold production. Hudbay’s growth pipeline includes the Copper World project in Arizona, the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations.

 

Purpose of Role:

The purpose of this role is to support the day-to-day processes, systems, and reports that underpin the successful and timely execution of Hudbay’s global treasury functions and responsibilities.

 

Role Accountabilities:

1. Support day-to-day treasury operations:

  • Support the preparation of weekly consolidated cash and liquidity reports
  • Assist with the opening and closing of bank accounts as required and assist with our transactional banking system
  • Help with Revolving Credit Facility draws and Letter of Credit and Surety Bond renewals

2. Treasury Reporting and Monitoring:

  • Support the preparation of monthly treasury report
  • Reinforce the monitoring for compliance with reporting and debt covenant provisions of Hudbay’s Revolving Credit Facility and High Yield bonds, and other debt facilities
  • Support the preparation of consolidated financials by supplying data and analysis to financial and legal teams
  • Perform analytical work as requested

3. Precious Metal Purchases and Sales, and Hedging Program:

  • Responsible for the review of trade confirmations with respect to the purchase (Wheaton Streaming Arrangements) and sale (dore sales) of precious metals, as well as the hedging program with various financial institutions

4. Support relationships with various institutions:

  • Support Assistant Treasurer in the management of relationships with Revolver banks, financing companies and credit rating agencies to help ensure long-term access to capital markets
  • Lead in managing KYC checks as well as refreshing authorized signatories or banking agreements as require

5. Capital Raising:

  • Participate in the negotiation of terms of the Corporation’s Corporate Revolver and for the planning and execution of High Yield debt re-financings, convertible bonds issues and common equity issues
  • Support the negotiation of rates and terms for OEM lease financings of replacement capital equipment and execution coordination
  • Assist with providing corporate cash flow models and due diligence materials to syndicates
  • Contribute to the development of financing plans for major projects

6. Preparation of Hudbay’s Global Price Deck:

  • Collecting and analyzing supporting data from external sources and from Hudbay’s marketing department

7. Help to maintain and enhance the management of a system of treasury policies and procedures that ensure treasury activities are in compliance with corporate polices, accounting guidelines and internal controls, and Sarbanes-Oxley (SOX regulations)

 

Experience and Qualifications:

  • Bachelor’s degree in a professional area (i.e., Accounting, Finance, Engineering with economics/business minor, or related field)
  • Minimum of 3-5 years in accounting or finance role. Experience in a global corporate treasury role or mining/natural resource sector would be an asset

 

Knowledge and Skills:

  • Proficiency at the expert level with Microsoft Excel is a significant asset
  • Experience in using Bloomberg is an asset
  • Skilled user of Microsoft Word and Powerpoint
  • Attention to detail with a strong ability to consolidate and present data with a high level of accuracy and to recognize inaccurate/inconsistent data or information
  • Strong work ethic with the ability to work well under pressure to meet tight deadlines and prioritize tasks effectively
  • Strong analytical skills; possess the ability to manipulate data and perform variance analytics and regression analysis
  • Excellent people skills to be used in building constructive working relationships across the boundaries of the Hudbay organization, characterized by a high level of acceptance, cooperation and mutual respect
  • Excellent communication skills (written, verbal and non-verbal) including delivering high-quality reports
  • A logical, detail-oriented individual who takes a numeric, systems-based approach to problem solving
  • Demonstrates the ability to take ownership of issues and tasks through to resolution
  • Resourceful; willing to take action and think creatively when faced with a task that is not routine
  • Sound judgment and decision making
  • Strong organizational skills
  • Respect for confidential information

 

Working Arrangements:

Role is eligible flexible work arrangements, allowing you to balance 50% of your time in the office with 50% time working remotely.

 

Why Hudbay?

  • At Hudbay, our values of Dignity & Respect, Caring, Openness, and Trustworthiness are embedded into our culture by the way we work and how we interact with one another.
  • We pride ourselves in providing our employees with competitive total rewards that include:
    • Annual performance bonuses
    • Health benefits for you and your family, with a health spending account
    • Company paid insurance for Life, Spousal and Dependent Life, AD&D, Critical Illness, and Short & Long Term Disability cover
    • A Defined Contribution pension that includes company contribution and additional matching of your voluntary contributions
    • An Employee Share Purchase Plan with contribution matching
  • We support our employees in their individualized wellness journeys by providing a yearly Wellness Subsidy of up to CAD $1,000
  • Hudbay gives back to the community with its employee charity matching program for eligible charitable donations made by employees
  • Regular performance appraisals to acknowledge our employees for their contributions, strengths and work well done
  • The opportunity to work out of our Platinum Class A and Platinum BOMA BEST® Certified office building in Toronto’s South Core Business District conveniently located beside the newly renovated Toronto Union Station

 

Applications will be accepted until 11:59pm EST on October 25, 2024.

 

Notice to candidates: Please note that some websites make copies of Hudbay job postings on their own site.  If you see this job on a website that is not the Hudbay careers page, the best way to get your application to us is by applying directly at careers.hudbayminerals.com.  We appreciate the interest of all candidates.  Due to the volumes of applications we receive, we are only able to contact candidates that are selected to move forward in the recruitment process.  Hudbay is committed to providing an inclusive and accessible candidate experience.  If you require accommodation during the recruitment process, please let us know with your application.

 

Notice to recruiters: Please note that Hudbay Minerals does not accept unsolicited resumes from 3rd party recruitment agencies without a written agreement in place for permanent/contract placements.

 

 

Apply now »