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 MagCycle℠ 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, ArcTern 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
As an Equal Opportunity employer, Cyclic Materials is committed to fostering an inclusive workplace where all individuals have an opportunity to succeed. If you require accommodation at any stage of the interview process, please email HumanResources@cyclicmaterials.earth
Applicants for employment in the Canada and US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States or Canada and with Cyclic Materials (i.e., H1-B visa, F-1 visa (OPT), TN, L1-A visa or any other non-immigrant status).
To all applicants, your interest and effort are sincerely appreciated. While we thank everyone for their application, only those selected for an interview will be contacted.
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 MagCycle℠ 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, ArcTern 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.
- Prepare, review, and analyze GAAP-compliant financial statements (Canadian and U.S.).
- Ensure compliance with SOX controls, US 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 for a scaling organization.
- Support ERP implementation and optimization (Microsoft Dynamics 365 Business Central preferred) across all operations.
- Develop, document, and improve accounting processes, policies, and procedures to support growth.
- Collaborate cross-functionally with Operations, Supply Chain, R&D, and FP&A to improve reporting accuracy and visibility, including manufacturing and cost accounting considerations.
- Adapt quickly to shifting priorities during organizational design reviews and finance team evolution
- CPA designation preferred (or actively working toward designation).
- 5–6 years of hands-on accounting experience, including ownership of full-cycle accounting.
- Prior experience in manufacturing, metals, chemicals, industrial, clean-tech, or capital-intensive environments strongly preferred.
- Experience producing GAAP-compliant financial statements in multi-entity or cross-border (Canada/U.S.) environments.
- Strong working knowledge of SOX controls and other public company requirements and US GAAP.
- Demonstrated leadership experience managing teams (ideally 5+ direct reports).
- Advanced Excel and Database skills; experience with QuickBooks and Microsoft Dynamics 365 Business Central is a strong asset.
- Strong analytical, problem-solving, planning, and project management capabilities.
- Self‑starter who works well independently in a fast‑paced environment.
- Able to balance hands‑on work with process design and team leadership.
- Highly adaptable and resilient as the organization evolves.
- Strong communicator who collaborates effectively across teams, including remote ones.
- Detail‑oriented with strong organization and urgency
- Maintains high integrity and handles sensitive information appropriately
- Skilled at managing multiple priorities and tasks, from transactional to strategic
- At Cyclic Materials, we're dedicated to supporting our workforce on their unique career journey
- We offer a competitive compensation package including Health and Dental coverage, RRSP contributions and a generous paid time off program that lets you recharge
- We value diversity and are committed to maintaining a workplace where everyone is respected and recognized for their contributions
As an Equal Opportunity employer, Cyclic Materials is committed to fostering an inclusive workplace where all individuals have an opportunity to succeed. If you require accommodation at any stage of the interview process, please email HumanResources@cyclicmaterials.earth
Applicants for employment in the Canada and US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States or Canada and with Cyclic Materials (i.e., H1-B visa, F-1 visa (OPT), TN, L1-A visa or any other non-immigrant status).
To all applicants, your interest and effort are sincerely appreciated. While we thank everyone for their application, only those selected for an interview will be contacted.