About Glencore Capital Projects Group (CPG)
The Capital Projects Group (CPG) is Glencore’s dedicated organisation for developing and delivering selected major capital projects across its global Commodity Departments. Working within the Life of Asset (LOA) management process, CPG will typically begin supporting selected major projects post concept development when a project is gated to the pre-Feasibility stage (PFS entry). Collaborating deeply with the respective Commodity Department and regional team, CPG is able to shape, develop and execute, major projects from PFS onwards, into Feasibility and then Execution and handover, deploying organisation capability and project management expertise to achieve targeted outcomes safely and with predictable capital productivity.
Operating with agility and deep expertise, CPG will collaborate with each Commodity Department to develop fit for purpose delivery models that leverage and maximise regional capabilities and skills for each project that it either supports or is accountable for. As Glencore’s portfolio and LOA plans evolve, CPG will strive to continue enhance its impact and influence, driving safe, responsible and sustainable project delivery to the business.
Finance Manager – Capital Projects Group
Location: Santiago, Chile
Division: Capital Projects Group
Reporting to: Formally to Chief Financial Officer Copper South America, with a parallel line reporting to LATAM Portfolio Projects Director.
Qualifications:
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Bachelor’s degree in Finance, Accounting, or related discipline.
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Postgraduate degree and/or professional certification (e.g., CPA, CA, MBA or equivalent) preferred.
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10+ years of experience in finance roles, with at least 5 years supporting large-scale capital projects in mining, energy, or infrastructure.
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Strong understanding of capital investment in the mining industry, demonstrating commercial astuteness and strategic orientation.
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Experience working on both greenfield and brownfield projects, ideally in South America.
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Strong understanding of project accounting, capital project controls, and investment evaluation.
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Bilingual (English and Spanish) preferred.
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Proven ability to influence and collaborate with geographically dispersed teams.
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Strong ability to navigate complex corporate and project environments.
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High cultural awareness and adaptability to working in diverse, multi-country environments.
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Willingness to travel as needed.
Main objective of the role:
To provide comprehensive financial leadership for multiple capital projects at various stages of development and execution by working seamlessly with project and operational teams across South America to deliver rigorous and precise financial analysis, cost control, forecasting, and reporting aligned with corporate standards and business management and planning processes, together with regional requirements.
Operating context:
The Capital Projects Industrial Division collaborates closely with other Glencore Industrial divisions to deliver projects from pre-feasibility through to execution, ramp-up, and transition into operations. This role supports both greenfield developments (El Pachón, San Juan, Argentina) and brownfield expansions (MARA, Catamarca, Argentina & Coroccohuayco, Cusco, Peru), requiring a strong understanding of capital investment in the mining industry and an ability to navigate complex project environments. This role will also provide input into other CPG project activities in the Americas, including JVs, as the portfolio continues to evolve.
As a member of the regional project management office, the role will work closely with other functional leaders in the regional team, as well as functional leaders in the global project execution team to drive performance of the regional projects’ portfolio and more widely, influencing CPG performance overall.
In time, as the CPG portfolio progresses and capital allocation increases, the intention is that the reporting line of this role will change to report into the future role of the CFO CPG.
Control elements:
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CPG Projects Management System (formerly Capital Management Framework).
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Delegated Authorities Manual.
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Authorised Project Capital and annual budgets.
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CPG Annual Plans and quarterly objectives.
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Monthly Projects reporting.
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Group Performance Reviews.
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Projects Executive Steering Committees.
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Industrial Asset Quarterly Performance Report and Review.
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Capital quality assurance activities (incl. IPRs, ITRs and PIRs).
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All other relevant Company policies and procedures.
Key responsibilities:
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Lead budgeting, forecasting, and provide input into financial modelling for capital projects regionally, including verification and development of LoAs and project economic evaluations on an ongoing basis.
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Partner with regional project directors and site teams to ensure financial discipline and alignment with project goals.
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Monitor and accurately report with commentary on project cost performance, cash flow, and capital efficiency in accordance with budgets and capital expenditure requests.
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Provide and present with the project team, financial input into feasibility studies, investment proposals, and funding submissions.
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Ensure adherence to capital governance, accounting standards, delegated authorities and other internal controls.
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Support commercial negotiations and contract evaluations from a financial perspective.
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Identify financial risks and opportunities and provide recommendations to optimise project outcomes, capital discipline and capital productivity.
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Contribute to project stage-gate reviews and investment or steering committee preparation and inputs.
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Liaise with external auditors, regulators, and partners as required.
Job structure and relationships:
Direct reports: Finance Managers – various projects.
Other key internal relationships:
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CPG senior leadership team
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CPG Performance and Cost Lead
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Project Directors / Managers
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Regional Risk Principal
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Manager: Controls & Reporting
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Project Commercial Managers
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Project execution functional leaders
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Regional Copper Finance Support Services
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Finance Manager – Argentina Country team
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Commodity department CFOs
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Regional Compliance team
Key external relationships:
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None
Commitment to Inclusion and Diversity
At Glencore Capital Projects Group (CPG), we are committed to fostering a diverse and inclusive work environment that encourages the active and full participation of all individuals within our organization, in alignment with fair labour practices.