Accounting Manager

Job Description:

Accounting Manager

Location:

Toronto, Canada

Salary Range: 90K – 145 K

Employment Type:

Permanent, On‑Site

Cyclic Materials™ is building a resilient circular supply chain for rare earth elements and other critical materials. Through our proprietary Mag Cycle℠ and REEPure℠ processes, we recover rare earths from end‑of‑life products and transform them into high purity materials used in the production of permanent magnets. These materials are critical to the modern economy, including the production of electric vehicles, electronics, AI infrastructure, wind turbines, defense, and advanced manufacturing technologies.

Founded in 2021, Cyclic Materials has rapidly progressed from technology development to commercialization. We currently operate facilities in Ontario and Arizona, with a new expansion underway in South Carolina. Backed by US $75 million in Series C financing led by T. Rowe Price, alongside strategic investors including Microsoft, Amazon, Hitachi Ventures, BMW i Ventures, Jaguar Land Rover’s InMotion fund, Energy Impact Partners, Arc Tern Ventures, and Fifth Wall, we are scaling to meet growing global demand for a secure and sustainable rare earth supply.

We have established commercial partnerships with global industry leaders such as Solvay, Vattenfall, Lime, and VACUUMSCHMELZE, enabling the deployment of recycled rare earth materials into real world supply chains. In 2025, Cyclic Materials was named one of the Top 10 Climate Tech Companies to Watch by MIT Technology Review.

We are growing quickly and building the industrial backbone required for a circular rare earth economy. Joining Cyclic Materials means working on complex and exciting challenges at scale, alongside a team committed to executing and delivering measurable impact. If you are motivated by building critical infrastructure and advancing the circular economy, join us and help accelerate the growth of rare earth recycling.

Role Overview
Cyclic Materials is seeking an experienced Accounting Manager with 5–6 years of progressively responsible accounting experience to lead core accounting operations in a fast‑growing, capital‑intensive environment. This role will manage a team of three direct reports and will be hands‑on across full‑cycle accounting, financial close, and internal controls.

The Accounting Manager will play a key role in strengthening accounting processes, establishing and maintaining manufacturing cost accounting frameworks, strengthening inventory controls. This position is well suited for a technically strong accounting professional who thrives in a scaling late‑stage private or public company and is comfortable operating across both strategic and operational levels while the finance organization evolves. As production scales across Canada, the United States and Europe, strong manufacturing accounting, inventory controls, and cost visibility are essential to operational and financial success.

Key Responsibilities
Accounting Operations & Close

Lead and oversee daily accounting, treasury, and inventory management activities.

Own and maintain manufacturing cost accounting processes, including standard costing, variance analysis, and cost allocation methodologies.

Partner with Operations and Supply Chain to ensure accurate tracking of raw materials, work‑in‑progress (WIP), finished goods, and scrap.

Review and analyze inventory valuation, reserves, and obsolescence in accordance with GAAP.

Support month‑end inventory close processes, including inventory reconciliations and production cost roll‑ups.

Manage timely and accurate monthly, quarterly, and year‑end close processes.

Oversee accounts payable, accounts receivable, payroll tax, inventory, fixed assets, and balance sheet reconciliations.

Review and approve journal entries, accruals, and bank reconciliations.

Financial Reporting & Compliance

Prepare, review, and analyze GAAP‑compliant financial statements (Canadian and U.S.).

Ensure compliance with SOX controls, U.S. GAAP, and internal accounting policies.

Support internal and external audits and act as a key point of contact for auditors.

Maintain strong documentation and internal control frameworks appropriate…