DRC Accounting Operations Lead

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 Price and Canada Pension Plan Investments; technology venture capitalists Andreessen Horowitz, Breakthrough Energy Ventures, BOND Capital, Durable Capital, StepStone, and Standard Investments; and natural resources companies Equinor, BHP, and Mitsubishi.

About the Role

In this role, you will perform full cycle accounting for assigned DRC entities. In addition to owning the day-to-day accounting and month-end close for the assigned DRC entities, you will independently manage statutory audits and regulatory compliance. You will provide support to field exploration teams and vendors. Since KoBold is a startup company, your role will be dynamic and your role and responsibilities will grow as the company grows.

Responsibilities

• Perform full-cycle accounting and financial reporting. Manage end-to-end accounting for assigned DRC entities, including monthly close, reconciliations, and variance analysis. Prepare and review journal entries including payroll, and ensure the integrity of the general ledger on an ongoing basis.
• Ensure compliance with DRC tax, accounting, and mining legislation. Support accurate and timely compliance with DRC direct and indirect tax obligations (monthly VAT, WHT filings), mining-specific levies, and SYSCOHADA statutory reporting requirements. Prepare SYCOHADA and CPCC compliant statutory financial statements and coordinate with local advisors and regulatory bodies as needed to meet filing deadlines and maintain good standing.
• Manage external audits and relationships with authorities. Serve as the primary point of contact for external auditors (ONEC certified DRC auditors and Holding company auditors in South Africa) and local regulatory bodies for assigned entities, ensuring timely responses, proper documentation, and effective resolution of audit findings.
• Support field exploration and FP&A teams. Collaborate cross-functionally with field exploration and financial planning teams on project expense reporting and analysis, including review of petty cash reconciliations, to ensure accurate and timely