Boart Longyear Finance Manager

Boart Longyear, a global exploration drilling company, relies heavily on a competent and strategic Finance Manager to navigate the complexities of the mining industry. The role transcends simple bookkeeping; it's about ensuring the financial health and stability of the organization, enabling informed decision-making, and supporting its long-term growth strategy. A Boart Longyear Finance Manager is responsible for overseeing all aspects of the company's financial operations within a specific region or business unit. This encompasses a broad range of duties, including financial planning and analysis (FP&A), budgeting, forecasting, accounting, tax compliance, and internal controls. They are the financial stewards, ensuring that resources are managed effectively and efficiently to maximize profitability and minimize risk. The FP&A aspect of the role is crucial. The Finance Manager meticulously analyzes financial data, identifying trends, opportunities, and potential threats to the company's performance. They develop comprehensive financial models to forecast future performance, taking into account market conditions, commodity prices, operational efficiencies, and capital expenditures. These models inform strategic planning, allowing management to make proactive decisions regarding investments, resource allocation, and operational improvements. Budgeting is another key responsibility. The Finance Manager collaborates with various departments to develop realistic and achievable budgets that align with the company's strategic goals. They monitor budget performance throughout the year, identifying variances and working with department heads to implement corrective actions. This involves a deep understanding of the company's operations and the factors that influence costs and revenues. Accounting responsibilities include ensuring the accuracy and integrity of financial records in accordance with generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS). The Finance Manager oversees the preparation of monthly, quarterly, and annual financial statements, providing timely and accurate information to management, shareholders, and regulatory bodies. They are also responsible for managing the company's audit process, working closely with external auditors to ensure compliance with accounting standards and regulations. Tax compliance is a significant part of the role, particularly for a global company like Boart Longyear with operations in multiple countries. The Finance Manager must understand and comply with complex tax laws and regulations, ensuring that the company meets its tax obligations in a timely and efficient manner. This often involves working with tax advisors to optimize tax planning and minimize the company's tax burden. Internal controls are essential for safeguarding the company's assets and ensuring the reliability of financial information. The Finance Manager is responsible for designing and implementing effective internal controls to prevent fraud, errors, and irregularities. They regularly review and assess the effectiveness of these controls, making improvements as needed to mitigate risks. Beyond the technical aspects, a Boart Longyear Finance Manager needs strong leadership and communication skills. They must be able to effectively communicate financial information to non-financial audiences, explaining complex concepts in a clear and concise manner. They also need to be able to influence decision-making at all levels of the organization, advocating for financial prudence and responsible resource management. Furthermore, they lead and mentor a team of financial professionals, fostering a culture of excellence and continuous improvement. In conclusion, this role is vital to Boart Longyear's sustained success within the challenging landscape of the mining industry.