Accounting Manager

Job Description: Accounting Manager

Location: Toronto, Canada
Salary Range: 90K – 145 K

Employment Type: Permanent, On-Site

Cyclic Materials is a rapidly growing cleantech company, building a circular supply chain for rare earth elements (REEs) and other critical materials essential to the clean energy transition. The company's proprietary MagCycle℠ and REEPure℠ processes transform end-of-life products into valuable raw materials used in EVs, wind turbines, and electronics. With its successful commercial demonstration, Cyclic Materials is rapidly scaling commercially across North America, Europe and Asia.

Founded in 2021 and headquartered in Toronto, Cyclic Materials has scaled rapidly with plants established in Ontario and Arizona, as well as an expansion by building a campus in South Carolina. Cyclic Materials recently announced a Series C of $75 Million led by T. Rowe Price, in addition to backing by global leaders including Microsoft, Amazon, Hitachi Ventures, BMW i Ventures, Jaguar Land Rover's lnMotion fund, Energy Impact Partners, ArcTern Ventures, Fifth Wall and more. The company has forged strategic commercial partnerships with key industry leaders such as Solvay, Vattenfall, Lime, and VACUUMSCHMELZE to recycle magnets containing REEs and bring a circular and resilient rare earth supply chain to scale. We are proudly named as one of Top 10 Climate Tech Companies to Watch by MIT Tech Review in 2025. Learn more about Cyclic Materials cyclicmaterials.earth.

Cyclic Materials is looking to add curious, hard-working, and driven individuals to our growing team. Come join us and help build a global cleantech leader together!

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, 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.

Systems, Process & Scale-Up Support

• 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

Key Qualifications

• 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.

Core Competencies

• 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

Why You Will Love Cyclic Materials  

• 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

The base compensation offered is determined based on the successful candidate’s relevant experience, skills, and competencies and considers internal equity.

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 [email protected]
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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.