We are currently hiring a Capital Accountant to join our client’s team at a major open-pit gold mining operation in Northwestern Ontario.
This project is set to become one of Canada’s largest open-pit gold mines, with expected annual production of approximately 400,000 ounces over an initial 14-year mine life, with additional long-term underground potential.
Join a high-performing team on a long-term mining project with significant growth potential.
Schedule & Travel
- 7/7 or 14/14 rotation, working on site
- Some working from home may be required
- Fly-in/fly-out (FIFO) – flights arranged and paid
- Camp accommodations and meals provided while on site
Responsibilities:
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.
- Track and account for CAPEX across development, sustaining, and growth projects.
- Maintain CIP/AUC and ensure timely capitalization to fixed assets.
- Review AFE spend for alignment with approved budgets and scope.
- Partner with Project Controls to reconcile actuals, budgets, and forecasts.
- Maintain capital continuity schedules and fixed asset sub-ledgers.
- Prepare capital accruals, journal entries, and reconciliations.
- Support month-end/quarter-end close for capital assets and project costs.
- Assist with IFRS reporting, including development and stripping costs (IFRIC 20).
- Prepare schedules for management, board, and MD&A reporting.
- Support accounting for mine development, stripping, and LOM changes.
- Assist with asset retirement obligations (ARO).
- Ensure proper classification of operating vs capital expenditures.
- Support accounting for major projects (mines, mills, tailings, infrastructure).
- Maintain audit-ready documentation and working papers.
- Ensure compliance with IFRS, company policies, and internal controls.
- Support tax, royalty, and regulatory reporting as required.
- Collaborate with operations, procurement, and project teams.
- Provide guidance on capitalization, cost tracking, and classification.
- Support continuous improvement of capital reporting and processes.
Required Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field.
- CPA designation preferred
- 5–7+ 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).
Skilled and Competencies:
- Experience in capital, project, or fixed asset accounting (mining or industrial preferred).
- Strong knowledge of IFRS and capital asset accounting.
- ERP experience (e.g., SAP, Oracle, JD Edwards, Dynamics); project controls systems are an asset.
- Advanced Excel skills; experience with financial modeling and reporting tools (e.g., Power BI is an asset).
- Strong analytical skills with the ability to interpret data and provide insights.
- Effective communication skills with the ability to support cross-functional teams.
- Detail-oriented with a strong focus on accuracy and compliance.
- Understanding of mining financial principles, including cost accounting and capital budgeting.
Pre-Employment Conditions:
- Must be able to pass a Drug and Alcohol Test
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