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Senior Accountant - Payable

Lusaka

 

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:

This role will own the end-to-end Accounts Payable function for multiple Zambian entities ensuring that all supplier invoices are processed accurately, paid on time, and recorded in accordance with company policy, Zambian tax law, and applicable accounting standards. You will be a primary point of contact for our supplier base, a key partner to procurement and operations teams across our exploration sites, and a critical contributor to month-end close, statutory reporting, and audit processes.

As a member of the Finance & Accounting team, you will help us build scalable, well-controlled AP processes that can grow with our rapidly expanding Zambian operations.

Responsibilities

  •       Review supplier invoices for accuracy, completeness, and validity, including verification of VAT, withholding tax, and other applicable Zambian tax requirements
  •       Code invoices accurately to the appropriate general ledger accounts, cost centers, projects, and departments in line with the company’s chart of accounts
  •       Proactively escalate irregularities, duplicate invoices, or potential fraud indicators to the Accounting Manager
  •       Ensure all invoices are processed within agreed service levels to support timely payment runs and avoid late payment penalties or supply disruptions
  •       Onboard new suppliers in the Procure to Pay system, ensuring complete and accurate vendor master data, including tax registration details, banking information, and contractual terms
  •       Perform monthly reconciliations of supplier statements of account against the AP sub-ledger and resolve discrepancies before payment is released
  •       Respond promptly and professionally to supplier queries regarding invoice status, payments, and account balances
  •       Prepare weekly AP aging analyses with commentary on long-overdue invoices and proposed resolution actions
  •       Perform monthly reconciliation of the AP sub-ledger to the general ledger and investigate any variances
  •       Support month-end and year-end close activities, including accruals for unbilled goods and services, prepayments, and related AP balance sheet reconciliations
  •       Provide AP-related inputs for cash flow forecasting and treasury planning
  •       Ensure full compliance with Zambian VAT, withholding tax, PAYE on non-employee compensation where applicable, and other ZRA requirements
  •       Maintain organized, audit-ready documentation supporting all AP transactions
  •       Support internal, external, and tax audits by preparing schedules, retrieving supporting documentation, and responding to auditor queries
  •       Contribute to the review and continuous improvement of AP policies, procedures, and internal controls
  •       Identify opportunities to automate, streamline, or strengthen invoice processing workflows

 

Qualifications

  •       Professional accounting qualification: CA Zambia, ACCA, or CIMA
  •       Current registered member in good standing with the Zambia Institute of Chartered Accountants (ZICA)
  •       3 to 5 years of progressive experience in an Accounts Payable or similar finance role, ideally in a multinational, mining, or other capital-intensive industry
  •       Demonstrated working knowledge of Zambian tax regulations, including VAT, withholding tax, and ZRA filing requirements
  •       Exceptional attention to detail and a high standard of accuracy in financial work
  •       Strong analytical and problem-solving skills; ability to investigate discrepancies independently
  •       High level of personal integrity and ability to handle confidential financial information with discretion
  •       Self-starter mindset with a willingness to take ownership and drive process improvements
  •       Comfortable working in a fast-paced, evolving environment characteristic of an early-stage, growth-oriented company
  •       Excellent written and verbal communication skills, with the ability to interact professionally with suppliers, auditors, and senior leadership

 

KoBold Metals is an equal opportunity workplace and an affirmative action employer. We are committed to equal employment opportunity 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 a full-time contract. All candidates must be legally authorized to work in Zambia.

 

Location: Lusaka, Zambia. All candidates must be legally authorized to live and work in Zambia.

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