David Hofeling work email
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David Hofeling personal email
I am an experienced finance professional with a diverse background in mining. My experience spans the business cycle from early stage exploration projects to mine development into operations and finally, mine closure. These skills are transferable to any industry. I have extensive experience in system implementations, cost accounting, budgeting, forecasting, project evaluation and financial analysis. I worked for Rio Tinto for 15 years in numerous capacities and Placer Dome prior to that. My greatest strength is strategic thinking and problem solving leading to increased shareholder value.
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Finance Manger, Copper & Coal ProjectsRio Tinto Sep 2015 - Apr 2016Greater Salt Lake City AreaPrepared and developed all financial reports and policies for global copper and coal projects. Coordinated and consolidated annual budgets and quarterly forecast including staffing plans. * Reduced month-end close duration by 50%.* Established Joint Venture billing process for project staff for efficient recovery of costs.* Developed collaborative working relationship with internal and external stakeholders improving decision making. * Developed support cost allocation methodology for global projects division increasing project costing accuracy.* Identified and implemented changes in accounting policy as projects progress. -
Sr. Finance Manager, Kitimat Modernization ProjectRio Tinto Apr 2013 - Sep 2015Kitimat, B.C., CanadaSenior finance representative for an international US$5 billion aluminum smelter project. Responsible for all financial reporting and cash forecasting. Managed and coordinated internal and external audits. Direct management responsibility of Owner’s costs of $500 million. Managed a team of 6.* Saved $5million in Provincial Sales Tax (PST).* Supported Investment Committee project funding requests of $1.5 billion.* Reduced month-end close time by 2 days or 40%.* Significantly impacted the accuracy of Owner’s Cost final cost estimate.* Met all reporting deadlines despite being highly complex foreign currency reporting.* Developed reporting system for Owners Cost.* Developed fixed asset capitalization procedure to maximize accuracy.* Supervised preparation of fixed asset register for new smelter.* Maintained compliance of corporate governance process for major capital projects* Managed risk identification and reporting ensuring an accurate risk profile.* Identified and implemented changes in accounting treatment (capitalization vs. expense) as projects progress. -
Director - Finance, Copper Major ProjectsRio Tinto Nov 2009 - Apr 2013Greater Salt Lake City AreaResponsible for global finance, governance, compliance, tax optimization and risk management at numerous domestic and international copper and nickel projects. Developed project and commodity related strategies, uniform reporting and budgeting with project Managing Directors and local financial staffs. Performed risk management and reporting. Member of Copper Group Audit Committee. Managed remote team of 4 located in the U.S., Indonesia and Peru.Analyzed joint venture agreements and establish efficient & effective consolidation, reporting, accounting systems and processes for multi-billion dollar projects.*Resolution - Underground copper, Arizona U.S.*Eagle - Underground copper/nickel, Michigan, U.S.*La Granja - Open pit copper, Cajamarca, Peru* Sulawesi - Open pit nickel, Sulawesi, Indonesia * Optimized corporate structure to minimize complex taxation issues; $10’s millions in anticipated savings* Recommended strategies for social and land issues to gain acceptance.* Supported Investment Committee project funding requests up to $500 million.* Developed collaborative working relationship with internal and external stakeholders. * Coordinate and draft investor relation updates for the respective projects.* Advise on organizational structure.* Identify and recommend changes in accounting policy as projects progress. -
Controller Resolution CopperRio Tinto May 2005 - Oct 2009Superior, AzPerform full cycle accounting functions for the joint venture with BHP Billiton and several 100% owned corporate entities. Responsible for cash calls to the owners and prepared financial reports and presentations to the JV management committee and community stakeholders.* Applied mining sales tax exemption to mine development costs savings to date approximately $25 million.* Established business systems (SAP) and processes for new legal entity on time and on budget.* Implemented shared services per Rio Tinto standard minimizing local staff and reduced costs $200k / year.* Maintained joint venture governance without breach of contract.* Developed property tax modeling to maximize project NPV by more accurate forecast.* Performed business evaluation and modelling leading to better decisions.* Promoted sustainability within the Copper Triangle. -
Manager Accounting, Shared ServicesRio Tinto Mar 2003 - Apr 2005Greater Salt Lake City AreaCoordinate and distribute accounting activities for 8 Rio Tinto entities utilizing two different software packages among 5 direct reports.* Rapidly built a team of five in a very dynamic environment whilst increasing customer base * Achieved 100% compliance with timely and accurate financial reporting* Built a culture of continuous improvement and customer satisfaction.* Prepared Joint Venture analysis & reporting including cash calls to partners. -
Chief Accountant, Kennecott ExplorationRio Tinto Dec 2000 - Mar 2003Greater Salt Lake City AreaResponsible for Kennecott Exploration financial reporting for the U.S., Mexico and Canada entities. Multiple joint venture agreements requiring earn-in and cash call reporting.* Forensic accounting - re-created two years of accounting for multiple joint venture exploration projects in order to recover $7 million in costs.* Implemented standard joint venture templates for billing and reporting increasing timeliness and accuracy. * Reduced month-end reporting time by 50%. -
Sr. AccountantCortez Gold Mines - Barrick Jun 1994 - Dec 2000Greater Elko Nevada AreaResponsible for all mine site accounting functions including payroll and accounts payable.* Implemented JD Edwards – Fixed Assets and General Ledger.* Saved 20% on annual property taxes * Production costing* Metal accounting* Cost accounting
David Hofeling Skills
David Hofeling Education Details
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Accounting And Finance
Frequently Asked Questions about David Hofeling
What is David Hofeling's role at the current company?
David Hofeling's current role is CFO.
What is David Hofeling's email address?
David Hofeling's email address is da****@****nto.com
What schools did David Hofeling attend?
David Hofeling attended University Of Utah - David Eccles School Of Business.
What skills is David Hofeling known for?
David Hofeling has skills like Strategic Financial Planning, International Project Management, Minerals, Risk Financing, Coal, Gold, Mining, Sap, Financial Analysis, Financial Statements, Sarbanes Oxley Act, Compliance.
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Dave Hofeling
Annapolis, Md1videologygroup.com5 +141034XXXXX
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