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Corporate Accounting Manager

KoBold Metals

KoBold Metals

Accounting & Finance
Remote
Posted on Thursday, September 12, 2024

About the company

The mining industry has steadily become worse at finding new ore deposits, requiring >10X more capital to make discoveries compared to 30 years ago. The easy-to-find, near-surface deposits have largely been found, and the industry has chronically under-invested in new exploration technology, relying on the manual techniques of yesteryear – even as demand accelerates for copper, lithium, and other metals to build electric vehicles, renewable energy, and data centers.

KoBold builds AI models for mineral exploration and deploys those models—alongside our novel sensors—to guide decisions on KoBold-owned-and-operated exploration programs. In the six years since founding, KoBold has become by far both the largest independent mineral exploration company and the largest exploration technology developer. Our data scientists and software engineers, who come from leading technology companies, jointly lead exploration programs with our renowned exploration geologists.

KoBold has proven its first discovery with materially less capital than the industry average and found one of the best copper deposits ever discovered: the copper is far more concentrated than the global average of copper mines, and this asset alone is expected to generate meaningful revenue for decades. KoBold has a portfolio of more than 60 other projects, each of which has the potential for another high-quality discovery.

KoBold is privately held; investors include institutional asset managers T. Rowe Rice and Canada Pension Plan Investments; technology venture capitalists Andreessen Horowitz, Breakthrough Energy Ventures, BOND Capital, and Standard Investments; and natural resources companies Equinor, BHP, and Mitsubishi.

About the position

In this role, you will be responsible for ensuring accurate reporting of joint venture expenditures in accordance with the joint venture agreements. You will provide support to field exploration teams by preparing project and budget reports and providing support in vendor compliance. You will also be responsible for researching and documenting complex technical accounting issues. Since KoBold is a startup company, your role will be dynamic and your role and responsibilities will grow as the company grows.

Responsibilities

The Corporate Accounting Manager will:

  • Maintain summaries of joint venture agreement key terms for compliance
  • Determine and document proper accounting for different types of joint venture/earn-in agreements
  • Ensure accurate billing and tracking of joint venture expenditures
  • Oversee reporting to joint venture partners
  • Research and document technical accounting issues for complex accounting issues
  • Assist with financial reporting and ensuring compliance with local accounting rules in multiple jurisdictions
  • Assist in setting up internal control framework and documenting process narratives and identifying and testing key controls
  • Support field exploration teams by preparing project reports
  • Provide support for for operations in new jurisdictions
  • Manage information flow and documentation for audits
  • Provide support for miscellaneous projects in accounting and operations

Qualifications

The candidate must have:

  • Bachelor's degree in accounting; CPA certification required
  • 8+ years of progressive accounting experience, including at least 2 years with a national or regional public accounting firm
  • Strong knowledge of GAAP
  • Experience working with international operations
  • Strong organizational skills and attention to detail
  • The ability to quickly learn new tools and technology as needed and solve new problems continuously
  • Interest in learning about mineral exploration and being a close partner to the exploration project teams
  • A high degree of independence and the ability to work effectively with limited supervision
  • Flexibility to accommodate meetings with staff/vendors overseas

It is helpful but not required to have experience with:

  • Experience with joint ventures in exploration/mining
  • Knowledge of IFRS

KoBold Metals is an equal opportunity workplace and an affirmative action employer. We are committed to equal employment opportunities for people of any race, color, ancestry, religion, sex, gender identity, sexual orientation, national origin, age, citizenship, marital status, disability, or veteran status.

This position is full-time, exempt.

Expected salary range for this role is between $150-185K usd

Location: Remote, anywhere in the US.