Bruno Mendes de Moraes

Senior Finance Leader | Mining Industry Leader | MBA in Finance

Toronto, Ontario, Canada

About

Finance leader with 15+ years of experience driving financial excellence across global mining operations in Canada, Brazil, Indonesia, Japan, Singapore, and the UK. Currently leading financial transformation at Vale Base Metals as Director of Accounting, Tax and Financial Reporting & Global Controller. Committed to responsible management and enhancing financial reporting accuracy and reliability to support executive decision-making. Spearheaded accounting team transformations, standardizing internal procedures, and integrating processes to support consolidated annual revenue of USD 7.2 billion and operational assets worth USD 17.5 billion. Demonstrated success in reducing departmental expenses by more than 40% over five years through scope review, synergy creation, automation, and digital transformation initiatives. Focus on building trust among investors, regulators, and other stakeholders through transparent and accurate financial reporting, enhancing the Record-to-Report (R2R) process, designing the tax strategy, implementing effective internal controls over financial reporting, improving productivity by streamlining processes, and identifying and managing risks. My leadership philosophy centers on developing high-performing teams through merit-based evaluation and inclusion, driving a culture of excellence that creates stakeholder value while navigating the unique challenges of the global mining industry.

Experience

  • Vale Base Metals (3 yrs 7 mos)
    • Finance Lead - System carve-out and implementation
      Apr 2025 - Present · 1 yr 4 mos

      Following the ringfence from Vale S.A., as the CFO representative of the project, I'm responsible for ensuring the system separation and implementation for all finance functions.

    • Global Controller
      Nov 2024 - Present · 1 yr 9 mos

      Expanded leadership role to encompass global tax strategy and planning across all base metals operations, in addition to the Financial Reporting responsibilities. Spearheading comprehensive tax governance and optimization initiatives while maintaining financial reporting excellence. Key contributions: - Developed integrated tax planning strategies yielding substantial compliance efficiencies - Enhanced cross-border transfer price tax frameworks for operations spanning 6 countries - Established robust tax governance frameworks ensuring regulatory compliance - Integrated tax planning with financial reporting for enhanced decision making

    • Senior Accountant Officer
      Nov 2024 - Present · 1 yr 9 mos

      As Senior Accountant Officer for UK companies, I was responsible for overseeing accounting operations and ensuring compliance with UK financial regulations and statutory requirements. This role included managing reporting processes, supporting audits, and maintaining governance standards across UK entities.

  • Member of Fiscal Council at Norte Energia
    May 2026 - Present · 3 mos

    Serving on the Fiscal Council of Norte Energia, overseeing financial reporting, governance, and compliance to support transparency, accountability, and shareholder confidence in one of Brazil’s largest renewable energy platforms. Brings global finance leadership experience across mining and energy sectors, with a focus on governance, risk management, and financial oversight.

  • Director of Finance at PT Sumbawa Timur Mining
    Sep 2023 - Present · 2 yrs 11 mos

    Providing strategic financial leadership for Indonesian mining operations, with focus on optimizing capital deployment and enhancing financial controls in emerging market context. Board-level representation on financial matters including capital investment decisions, risk management, and compliance.

  • Member of Finance Working Group at Nickel Institute
    Jan 2020 - Present · 6 yrs 7 mos

    Contributing financial expertise to industry group advancing nickel market understanding and opportunities. Collaborating with global industry leaders on financial best practices, market analysis, and industry standards affecting metals pricing and reporting.

  • Vale (8 yrs 9 mos)
    • Global Manager, Base Metals
      Dec 2020 - Feb 2023 · 2 yrs 3 mos

      Led corporate financial accounting, controlling and reporting for global base metals companies. Transformed the Controller function through process standardization and technology enablement. Key achievements: - Streamlined financial reporting processes reducing close timeline by 25% - Implemented enhanced management reporting metrics improving operational decision-making - Led financial systems upgrade enhancing data analytics capabilities - Achieved annual cost savings of 20% through process optimization and selective outsourcing - Developed specialized mining industry financial metrics enhancing performance evaluation

    • Manager, Corporate Accounting
      May 2019 - Nov 2020 · 1 yr 7 mos

      Directed accounting operations for operations in Canada, ensuring regulatory compliance and financial reporting excellence. Led team delivering timely, accurate financial statements under both local accounting standards and IFRS. Achievements include: - Enhanced internal controls framework strengthening financial governance - Implemented standardized accounting procedures improving consistency across operations - Streamlined month-end close process improving reporting timeliness by 40% - Led successful implementation of accounting automation tools reducing manual processes - Provided technical accounting expertise on complex mining transactions

    • Manager, Accounting
      Apr 2016 - Apr 2019 · 3 yrs 1 mo

      Progressively advanced through leadership roles: May 2018 - April 2019: Led team of 7 professionals generating consolidated financial information for Vale S.A., consolidating approximately 130 companies globally. Managed Controlling Department budget across 7 countries while preparing critical financial analysis for Executive Officers, Committees and Board of Directors. April 2016 - April 2018: Managed team of 12 professionals responsible for accounting processes and financial statement preparation (IFRS and BRGAAP) for approximately 30 companies. Implemented management control routines, process improvements, and budget optimization initiatives achieving 15% cost reduction.