About the Company
KoBold Metals is a mineral exploration company inventing AI to explore for the metals we need for a low-carbon economy. Our business is discovering and developing mineral resources, and our objective is to achieve a step-change improvement in exploration success: we aim to discover more tier 1 resources, faster, and with fewer failures.
KoBold has built a fast-growing global portfolio of more than 50 exploration properties targeting nickel, copper, cobalt, and lithium, which range from 100%-owned to partnerships with majors, junior explorers, and prospectors.
Our team includes the best of the industry in exploration geoscience, data science, software engineering, operations, and business. Prior to joining KoBold, our team members made nearly 20 discoveries. Our exploration programs are co-led by our geoscientists and data scientists, who develop exploration hypotheses, rigorously quantify uncertainty in our understanding of the subsurface, and design data collection programs that most effectively reduce uncertainty, drawing upon a large suite of proprietary exploration technology built by our data scientists and software engineers. Our field programs validate and improve the system and have demonstrated material improvements over conventional exploration methods.
KoBold is privately held, and our investors include: institutional asset managers T. Rowe Rice and Canada Pension Plan Investments; technology venture capitalists Andreessen Horowitz, Bill Gates’s Breakthrough Energy Ventures, BOND Capital, Standard Investments, and Sam Altman’s Apollo Projects; and leading natural resources companies Equinor, Mitsubishi, and BHP.
About the position
In this role, you will support our global treasury operations by managing cash flow, preparing cash reconciliations and reports, and ensuring the accuracy of financial transactions related to treasury activities. You will maintain and develop banking relationships with global banking partners and handle the opening and administration of bank accounts. You will also provide support for global accounting operations. Since KoBold is a startup company, your role will be dynamic, and your role and responsibilities will grow as the company grows.
Responsibilities
- Cash Management: Monitor and manage daily cash positions, ensuring adequate liquidity for operational needs across various global entities.
- Bank Reconciliation: Perform daily bank reconciliations for multiple accounts in multiple currencies.
- Banking Relationships: Maintain and develop relationships with global banking partners. Maintain global bank accounts, including opening, closing, and administration of accounts.
- Financial Reporting: Prepare and analyze treasury-related financial reports, including cash flow forecasts, liquidity reports, and variance analyses.
- Transaction Processing: Ensure accurate and timely processing of treasury transactions, including wire transfers, ACH payments, and other electronic transactions.
- Internal Controls: Maintain and enhance internal controls related to treasury operations, ensuring compliance with company policies and regulatory requirements.
- Foreign Exchange (FX) Management: Assist in the execution of FX transactions and managing currency risk.
- Investment Management: Assist in managing short-term investments, ensuring compliance with the company's investment policy and optimizing returns.
- Debt Management: Assist in managing the organization's debt portfolio, including compliance with debt covenants and reporting requirements.
- Process Improvement: Identify and implement process improvements to enhance the efficiency and effectiveness of treasury operations. Leverage technology and automation where possible.
- Collaboration and Support: Work closely with Accounting, Financial Planning & Analysis, and other cross-functional teams to support overall financial objectives.
Qualifications
The candidate must have:
- Bachelor’s degree in accounting, finance or related field.
- 7+ years’ experience in accounting, preferably with 2+ years of broad-based experience in global treasury functions.
- Experience with internal controls/risk mitigation
- Experience opening foreign bank accounts and maintaining online banking for bank accounts in multiple currencies.
- Strong attention to detail and propensity for accuracy.
- The ability to quickly learn new tools as needed and solve new problems continuously.
- Strong organizational skills and proactive communicator.
- A high degree of independence and the ability to work effectively with limited supervision.
- Flexibility to cover treasury functions during non-company business hours when banks and other financial institutions remain open.
- Interest in contributing broadly to the success of the company and eager to pitch in where needed.
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, marital status, national origin, age, citizenship, disability, or veteran status.
This position is full-time, exempt.
Salary Range for this position: $115,000 - $140,000
Location: Remote, anywhere in the US.