Manager, Treasury

About Taseko Taseko Mines Limited is a dynamic and growing mine operator headquartered in Vancouver, Canada. Focused on North America, Taseko is driven to unlock the true value of copper for a complex and changing world.

Description

Position:
Taseko Mines Limited –
Manager, Treasury

Employment Type:

Full-Time

Location:

Vancouver, BC
Reporting Relationship:
Director, Finance
Salary Range: $125,000 to $150,000

Role Overview

Reporting to the Director, Finance, the Manager, Treasury will be responsible for the management of Taseko’s treasury reporting, cash management and forecasting, assisting with financial risk management, investments, and banking administration. This role involves developing and implementing strategies to optimize cash management, reduce financial risk, and ensure the efficient allocation of resources to support Taseko operational and strategic goals.

Core Responsibilities

• Treasury Management
• Monitor and manage daily cash movements to ensure adequate liquidity for operational needs, including foreign exchange requirements and funding across international borders
• Manage cash register, and prepare & review various cash forecasts
• Liaise with credit facility lenders as needed to assist with liquidity needs
• Maintain and review schedules to support tracking of external and inter-corporate loan balances, interest accruals & settlement, covenant compliance, and corporate derivative valuations
• Assist with the execution of hedging instruments and all related back-office reporting processes

• Financial Reporting and Forecasting
• Maintain schedules for all external filing and payment deadlines to creditors
• Prepare and analyze financial reports to provide insights into cashflow, investments, and financial performance
• Ensure compliance with regulatory requirements and accounting standards (IFRS), including accurate reporting of corporate debt covenant compliance
• Review external and internal reporting from a treasury completeness and accuracy perspective
• Review and oversee legal entity reporting for tax and treasury purposes
• Monitor actual performance against forecasts and take corrective actions
• Collaborate with departments and mine site finance teams to develop financial forecasts
• Assist with projects that come up from time-to-time

• Investment Management
• Optimize cash positions to minimize borrowing costs and maximize interest on deposits
• Assist with managing short and long-term investment strategies for excess cash
• Evaluate and recommend investment opportunities aligning with Taseko objectives and risk tolerance, including supporting hedge strategies

• Bank Administration
• Administration of all bank accounts and banking platforms, including timely processing of wires, EFT/ACH & fund transfers, authorizations, documentation, and the opening & closing of accounts
• Administer the corporate credit card program
• Foster and maintain strong relationships with existing and potential banks & financial institutions
• Assist with negotiating terms and managing bank accounts to secure favourable conditions and services

• Financial Analysis & Risk Management
• Conduct regular financial analysis and reporting to track cash flow, financial performance, and liquidity
• Identify and mitigate financial risks related to foreign currency fluctuations, interest rates, and credit exposure
• Prepare reports for senior management to support decision-making
• Implement and monitor strategies to protect financial assets

• Compliance & Process Improvement
• Ensure adherence to financial policies, procedures, and regulatory & documentation requirements
• Develop and enforce internal controls to safeguard assets and prevent fraud
• Continuously assess and improve treasury processes & systems to enhance efficiency & effectiveness
• Assist with quarterly and annual process reviews performed by internal and external auditors

• Payroll & Benefits Plans
• Prepare corporate office payroll, tax reporting, & with holdings, and related government filings
• Quarterly and annual reporting related to various payroll matters (e.g. WCB, EHT, CRA, RCA)
• Manage tax reporting related to share-based compensation and retirement benefits plans
• Liaise with human resources personnel to ensure effective communications and…