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Title:  Financial Reporting and Equity Administrator I

Requisition ID:  22043
Location: 

New Orleans, LA, US, 70112

Category:  Finance & Accounting
Description: 

Freeport-McMoRan is a leading international mining company with headquarters in Phoenix, Arizona. We operate large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold, and molybdenum. The company has a dynamic portfolio of operating, expansion and growth projects in the copper industry. Freeport-McMoRan is one of the world’s largest publicly traded copper producers, the world’s largest producer of molybdenum and a significant gold producer. We have a long and successful history of conducting our business in a safe, highly efficient and socially-responsible manner.

 

We have the assets, the talent, the drive and the financial strength to provide attractive and rewarding careers of our employees. We encourage you to take the time to explore the opportunity to advance your career at Freeport-McMoRan.

Description

 

Under direct supervision perform equity administrative duties focused on processing of employee grants, vesting’s and exercises of equity awards as well as accounting and financial reporting duties primarily focused on the accounting close process including pension plan and stock-based compensation calculations.  Responsibilities include recording journal entries, performing financial analysis and account reconciliations, preparing stock-based compensation schedules, and providing variance explanations among other duties.

 

1. Act as liaison with third party administrator to ensure accurate and timely recordkeeping of equity award activities pursuant to the terms of the equity awards plan and agreements.  Perform monthly reconciliations of the data in the recordkeeping system. Act as point of contact for domestic and international employees with respect to grants, vesting and exercises of equity awards. Reconcile plan reserve balances monthly with transfer agent. Track employee status and expiration dates to ensure there is no impact on equity awards or the ability to exercise options. Maintain schedules in accordance with window policies and insider trading rules. Assist with the review of information pursuant to long term incentives as listed in drafts of the company proxy.

 

2. Complete assigned duties as part of the accounting close process. Apply knowledge of accounting policies and procedures to tasks, which include recording journal entries, and research and analysis, stock-based compensation related schedules, variance explanations among other duties.

 

3. Gather and analyze data to assist in drafting footnotes, MD&A or other assigned sections of Company’s Form 10Q/K’s or other SEC filings.  Draft other reports as necessary for review by supervisor for distribution to various groups.

 

4. Assist with the extensible Business Reporting Language (XBRL) tagging of Company’s SEC filings.

 

5. Stay informed of new accounting guidance/issues that may impact current requirements and/or disclosures.  Review processes for improvements as changes occur or new requirements are added to the month-end close process. Use knowledge gained in making recommendations that are practical and which gain efficiencies.

 

6. Prepare and maintain supporting workpapers for external auditor review for both financial reporting as well as equity awards.

 

7. Perform other accounting and special projects as assigned.

Minimum Qualifications

 

  • Bachelor’s degree in Accounting, Finance, or related area
  • Advanced knowledge of Excel
  • Advanced problem-solving and analytical skills
  • Strong organizational and planning skills, with the ability to prioritize in time-sensitive situations
  • Work will both independently and in group settings
  • Excellent written and verbal communication skills
  • Detail-oriented
  • Ambitious, action-oriented and forward thinker
  • Willing and able to travel as needed

 

Preferred Qualifications

 

  • Internship or practical work experience within the mining industry

     

Criteria /Conditions

 

  • Ability to understand and apply verbal and written work and safety-related instructions and procedures given in English
  • Ability to communicate in English with respect to job assignments, job procedures, and applicable safety standards
  • Must be able to frequently sit, stand and walk
  • Must be able to frequently lift and carry up to ten (10) pounds
  • Must be able to work in a potentially stressful environment
  • Personal protective equipment is required when performing work in a mine, outdoor, manufacturing or plant environment, including hard hat, hearing protection, safety glasses, safety footwear, and as needed, respirator, rubber steel-toe boots, protective clothing, gloves and any other protective equipment as required
  • Freeport-McMoRan promotes a drug/alcohol free work environment through the use of mandatory pre-employment drug testing and on-going random drug testing

Freeport-McMoRan has reviewed the jobs at its various office and operating sites and determined that many of these jobs require employees to perform essential job functions that pose a direct threat to the safety or health of the employees performing these tasks or others.  Accordingly, the Company has designated the following positions as safety-sensitive:

  • Site-based positions, or positions which require unescorted access to site-based operational areas, which are held by employees who are required to receive MSHA, OSHA, DOT, HAZWOPER and/or Hazard Recognition Training; or 
  • Positions which are held by employees who operate equipment, machinery or motor vehicles in furtherance of performing the essential functions of their job duties, including operating motor vehicles while on Company business or travel (for this purpose “motor vehicles” includes Company owned or leased motor vehicles and personal motor vehicles used by employees in furtherance of Company business or while on Company travel); or
  • Positions which Freeport-McMoRan has designated as safety sensitive positions in the applicable job or position description and which upon further review continue to be designated as safety-sensitive based on an individualized assessment of the actual duties performed by a specifically identified employee.

Equal Opportunity Employer/Protected Veteran/Disability


Nearest Major Market: New Orleans

Job Segment: Financial, Equity, Finance

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