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.
Cyclic Materials is seeking a highly motivated and detail-oriented Senior Accountant to oversee and manage the accounting function across multiple entities, including:
- Cyclic Materials Inc. (Canada)
- Cyclic Materials USA Inc.
- Cyclic Materials, Inc. (U.S. holding company)
This role will be responsible for ensuring accurate financial reporting, maintaining strong internal controls, and supporting the company’s rapid growth across jurisdictions.
Key Responsibilities:
Financial Reporting & Close:
- Lead monthly, quarterly, and year-end close processes across all entities
- Prepare and review journal entries, reconciliations, and working papers
- Prepare consolidated financial statements
- Analyze financial results and provide variance explanations
Multi-Entity & Cross-Border Accounting:
- Manage accounting for Canadian and U.S. entities (ASPE/IFRS and US GAAP)
- Handle intercompany transactions and reconciliations
- Support currency translation and consolidation
Compliance, Audit & Controls:
- Lead and coordinate year-end audit processes across all entities
- Act as primary liaison with external auditors
- Prepare audit schedules, supporting documentation, and respond to audit queries
- Ensure compliance with regulatory, tax, and statutory requirements
- Maintain internal controls and accounting policies
Operational Accounting:
- Oversee AP, AR, payroll coordination, and general ledger activities
- Manage fixed assets, accruals, and prepaids
- Partner with cross-functional teams
Systems & Process Improvement:
- Improve accounting processes and systems
- Support ERP implementation or optimization
- Build scalable processes
Qualifications:
- CPA (or in progress) preferred
- Bachelor’s degree in Accounting, Finance, or related field
- 5+ years of experience
- Multi-entity and multi-currency experience
- Knowledge of Canadian and U.S. accounting standards
- Experience with consolidations and intercompany accounting
- Proficiency in accounting systems and Excel
Key Competencies:
- Attention to detail
- Strong organizational skills
- Analytical thinking
- Communication and collaboration
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]. 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.
Cyclic Materials Toronto, Ontario, CAN Office
320 Bay St, Suite 101, Toronto, Ontario, Canada, M5H 4A6
