Oyu Tolgoi’s workforce today is more than 97 per cent Mongolian, and major strategic focus for the company is to develop a skilled workforce that is continuously learning. We aim to attract the best talent, so that we can together deliver a safe and globally competitive copper business that contributes to the prosperity of Mongolia.
The opportunity
We are looking for One (1) Analyst Budget control E&I maintenance in Oyu Tolgoi LLC – Underground Electrical and Instrumentation Department based Oyu Tolgoi Site with 7 days on and 7 days off.
The primary responsibility of the Analyst, Budget Control, is to provide leadership in managing the budget for the E&I department. This position is accountable for the development, implementation, evaluation and reporting of the maintenance budget, considering overhead costs and utilizing a zero-based budgeting approach.
What the role entails:
- Collaborate with Senior Maintenance Planners to create and manage annual budgets for electrical maintenance projects.
- Develop cost forecasts based on historical data, scope of work, and project timelines.
- Regularly review and update budget projections in response to project changes and external factors.
- Track actual expenditures against budgeted amounts and prepare variance reports.
- Analyse cost overruns and identify root causes, providing actionable recommendations for corrective measures.
- Continuously monitor project costs and identify opportunities for cost savings without compromising quality or safety
- Prepare and present detailed financial reports on cost performance for management and key stakeholders.
- Provide monthly, quarterly, and annual updates on the financial status of electrical maintenance projects.
- Maintain clear, accurate, and up-to-date documentation on all financial transactions and cost-related records.
- Track and manage costs for materials, equipment, and outsourced services.
- Identify areas for cost reduction and process improvement in electrical maintenance operations.
- Recommend strategies to optimize resource allocation and reduce unnecessary expenditures.
- Work closely with project managers, engineers, and other team members to ensure financial goals align with operational objectives.
- Communicate financial performance insights to senior management, providing recommendations to improve profitability.
What you will need for this role
- Bachelor’s degree in finance, Accounting, Business Administration, or a related field Bachelor in engineering or equivalent education obtained through degrees, certificates or diplomas from colleges or universities
- Professional certifications such as Certified Management Accountant (CMA) or Chartered Financial Analyst (CFA) are a plus.
- Experience with project management software is a bonus
- Minimum of 3-5 years of experience in budget analysis, cost analysis, or financial planning, preferably in a technical or industrial environment.
- Strong ability in Microsoft Office programs with an ability to produce high-quality documents using (in particular) Word, Excel and PowerPoint.
All interested candidates should submit the following documents
Please click HERE to go to Oyu Tolgoi LLC Online Application System or go to www.ot.mn, select your vacancy and click on the link in the bottom.
Please make sure to attach the following documents:
- CV (in English and Mongolian)
- Cover Letter (in English and Mongolian)
What we offer:
- A competitive salary package
- Access to top tier family-friendly health and medical programs
- Retirement/Savings Plan*
- My Share – Global Employee Share Plan
- Access to top tier family-friendly health and medical programs
- A comprehensive leave policy that covers all moments that matter in life (vacation/annual, cultural leave, paid parental leave, short term sick leave, paid holidays
- Other benefits and favourable employment conditions