Senior Analyst - Tenement Cost Allocation
Fortescue
Perth, WA
Residential
Mon-Fri
Job Description
Our Opportunity
- Work Location: Fortescue’s Perth office is located on the traditional lands of the Whadjuk people.
- Roster: Monday to Friday
- This is a rare opportunity to step into a high-impact role within Fortescue’s Tenure & Access team, supporting its significant global tenement portfolio.
- You’ll lead the maintenance, governance and analysis of cost allocation systems to ensure accurate and timely allocation of expenditure to Fortescue’s tenements.
- Partnering with project teams and senior stakeholders across the Metals and Growth business, you’ll deliver high-quality cost allocation insights, drive financial accuracy, and improve existing systems and processes.
- This role requires strong financial judgement and is integral to supporting Fortescue’s licence to explore and operate globally.
- Fortescue offers flexible working arrangements, supporting a balance between professional commitments and personal wellbeing while enabling high performance.
Key Responsibilities
- Lead regular analysis and review of exploration and mining- related expenditure to ensure compliance with statutory tenement obligations, including identifying, analysing, and resolving discrepancies in expenditure data.
- Own and deliver core expenditure allocation processes, including preparation of tenement expenditure status reports, allocation monitoring reports and associated journal activities.
- Own the development, maintenance and continuous improvement of tenement expenditure forecasts, including detailed tracking of tenement anniversaries and associated rent, rates and statutory payment obligations to ensure accuracy and compliance.
- Collaboration with cross-functional teams to scope, define and implement improvements to tenement expenditure allocation processes and systems, including ongoing system enhancement and data quality initiatives.
- Lead training and capability uplift across the business, improving understanding and adoption of tenement cost allocation processes and systems.
- Process, monitor and verify the integrity of tenement expenditure related to exploration joint venture agreements.
- Provide expert support to the Tenure & Access team on expenditure related analysis, including advising on best-practice allocation methodologies aligned with relevant mining legislation.
- Apply strong financial judgement in the classification of tenement-related expenditure, including clear differentiation between operating and capital costs, ensuring alignment with accounting standards and internal policies.
- Maintain and continuously improve operating procedures, documentation, reference materials to support accuracy, consistency and business continuity.
Qualifications and Experience
- Degree in business, finance, or related field.
- 5-10 years’ experience in accounting, cost control, or financial analysis (ideally in exploration, mining, energy, or similar).
- Strong hands-on experience with SAP Finance modules for cost tracking, analysis and preparation of journals.
- Advanced Excel skills, including working with large datasets, reconciliations and reporting.
- High attention to detail with excellent analytical and numerical ability.
- Clear communicator, able to interpret and translate complex data/concepts into insights.
- Proactive problem-solver, with strong ownership and collaboration mindset.
- Proactive stakeholder engagement, with a focus on improving processes, systems, and outcomes.
- Advantageous:
- CA/CPA or geology/engineering background.
- Previous experience working with Exploration, Mining or Tenement expenditure, including knowledge of reporting tenement expenditure under the Mining Act.
- Systems/process improvement experience with good understanding of integration to SAP Finance modules.
About Us
- Be part of something big. Fortescue is leading the world with our plan to decarbonise our iron ore operations, projects that harness renewable energy and the development of technology that will change our planet forever.
Our Commitment
- Fortescue celebrates individual strengths and team members are encouraged to bring their whole selves to work. Our global workforce drives and promotes an inclusive culture, both within our organisation and throughout the communities we interact with. Diverse backgrounds include First Nations Peoples, people with disabilities, LGBTQ+ community, gender, neurodiverse, cultural diversity, all age groups, and those with an intersectional or multiple diverse characteristics. We encourage candidates from all backgrounds to apply.***
- https://fortescue.com/careers
- Internal Candidates / Current Contractors please apply via Success Factors Careers Portal. For further information on how to apply please visit the Fortescue Hub.
- Fortescue reserves the right to close applications early should a suitable pool of candidates be identified. Fortescue will never contact you to ask for payment of any kind, whether directly or through a third party.
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