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 five operating mines in Canada, the United States, Mexico and Nicaragua.
Job Summary
We are seeking a Capital Accountant to join our team. Reporting to the Controller, Operations, the Capital Accountant is responsible for providing financial insights and support to the mining operations and management team. You will be responsible for analyzing financial data, preparing reports, forecasting budgets, and making strategic recommendations to optimize financial performance and drive decision-making within the mining organization. Your analytical skills and understanding of the mining industry will be instrumental in ensuring the financial success and sustainability of operations.
The Capital Accountant is responsible for the accounting, tracking, and financial reporting of capital projects across mining operations. This role partners closely with Project Controls, Engineering, Operations, and Procurement to ensure capital expenditures are accurately captured, capitalized, and reported in compliance with IFRS and mining-specific accounting standards.
This position plays a critical role across mine development, sustaining capital, expansions, and infrastructure projects, supporting both site and corporate finance functions.
Key Responsibilities
Capital & Project Accounting
- Review, track, and account for capital expenditures (CAPEX) across mine development, sustaining, and growth projects.
- Maintain CIP (Construction in Progress) / AUC (Assets Under Construction) and ensure timely capitalization into fixed assets.
- Review and validate AFE expenditures, ensuring alignment with approved budgets and project scopes.
- Partner with Project Controls to reconcile actuals against budget and forecast for capital projects.
- Prepare and maintain capital continuity schedules and fixed asset subledgers.
Financial Reporting & Month-End
- Prepare monthly capital accruals, journal entries, and reconciliations.
- Support month-end and quarter-end close activities related to capital assets and project costs.
- Assist with IFRS reporting, including treatment of development costs, stripping costs (IFRIC 20), and asset classifications.
- Prepare supporting schedules for MD&A, board reporting, and management review.
Mining-Specific Accounting
- Support accounting for mine development, stripping, overburden, and life-of-mine (LOM) changes.
- Assist with asset retirement obligations (ARO) and related accounting.
- Ensure proper classification between operating and capital expenditures.
- Support project accounting for new mines, expansions, shafts, mills, tailings, and infrastructure.
Controls, Audit & Compliance
- Maintain detailed working papers and documentation to support internal and external audits.
- Ensure capital accounting complies with company policies, IFRS, and internal controls.
- Support tax, royalty, and government reporting related to capital assets where required.
Business Partnering
- Work closely with mobile maintenance, mill, mine, procurement, project, and other operations teams.
- Provide financial guidance on capitalization rules, spend tracking, and cost classifications.
- Support continuous improvement of capital reporting, processes, and controls.
Required Experience and Skill Set
- 5+ years of experience in capital, project, or fixed asset accounting, ideally within mining, resources, construction, or heavy industrial environments.
- Strong knowledge of IFRS, including capital asset accounting.
- Hands-on experience with CIP, fixed assets, project costing, and capital reporting.
- Strong understanding of mining financial principles, including cost accounting, capital budgeting, and financial modeling.
- Proficiency in financial analysis tools and software (e.g., Microsoft Excel, financial modeling software).
- Proven experience as a Capital Accountant, preferably in the mining or natural resources industry.
- ERP experience (e.g., SAP, Oracle, JD Edwards, Dynamics).
- Experience working with project controls systems is an asset.
- Exposure to Power BI or financial reporting tools is a plus.
- Advanced Excel skills (capital schedules, reconciliations, variance analysis).
- Excellent analytical skills with the ability to interpret complex financial data and draw actionable insights.
- Strong communication skills, both written and verbal, to effectively present financial findings and recommendations to stakeholders.
- Able to work collaboratively with cross-functional teams and provide financial support to non-financial stakeholders.
- Attention to detail and a commitment to accuracy in financial reporting.
- Knowledge of relevant financial regulations and compliance standards in the mining industry.
Job Conditions
- This position is based in Geraldton, Ontario.
Certifications
- CPA designation is an asset.
Education
- Bachelor’s degree in Accounting, Finance, 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.
The salary range for this position is from $116,908.00 to $142,887.00.