Research Triangle Park, NC
4 weeks ago

Job Overview

Pay
Not disclosed

Job description

Location:
Research Triangle Park, NC, HQ
Work arrangement:
On-site

Role Summary

Vulcan Elements manufactures American-made rare-earth permanent magnets which are a critical component of advanced electronics. With a focus on national security and economic resiliency, we serve critical industries such as defense, aerospace, and automotive powering a high-technology future. Vulcan Elements is building a team of ambitious professionals committed to Mission Focus, Technical Excellence and Integrity.

As Senior Accountant you will sit on our corporate accounting function as an early technical hire on an expanding finance and accounting team. This role covers meaningful scope across foreign currency accounting, inventory and cost accounting, fixed assets, and supporting the overall accounting and finance team function as we continue to scale our operations.

Responsibilities

  • Support the monthly, quarterly, and annual close process, including journal entries, reconciliations, and financial statement preparation in accordance with U.S. GAAP.
  • Support accounts payable, including invoice review, coding, and three-way match.
  • Maintain the inventory rollforward to the general ledger and review purchases, consumption, scrap and ending balances to tie MES and subledger to GL.
  • Analyze inventory variances, including purchase price, usage, and manufacturing variance, and recommend corrective action or reserve adjustments as needed.
  • Maintain the fixed asset subledger, including asset setup, useful lives, depreciation and disposals.
  • Maintain construction in progress by capital project, including capitalization and placed-in-service determinations.
  • Prepare fixed asset and construction-in-progress roll-forwards and reconcile to the general ledger.
  • Support foreign currency accounting in accordance with ASC 830, including functional currency assessments, translation and remeasurement, CTA rollforward, and analysis of FX gain and loss activity.
  • Support multi-entity consolidation, including intercompany eliminations and consolidating entries
  • Support external audits, tax filings, and other compliance-related requests.
  • Support the implementation of new accounting policies, standards, and guidelines

Responsibilities and tasks outlined are not exhaustive and may change as determined by the needs of the business.

Requirements

  • Bachelor’s degree in accounting, finance, or a related field
  • 3-5 years of experience in accounting/finance experience; public accounting a plus
  • Experience with inventory and fixed asset accounting, with experience in manufacturing or other capital-intensive businesses a plus
  • Strong foundation in U.S. GAAP with a preference in ASC 330 Inventory, ASC 360 Fixed Assets/CIP, ASC 830 Foreign Currency Matters
  • Experience working with accounting systems; including NetSuite, Ramp or similar systems and reporting/consolidation platforms such as Workiva
  • Advanced Excel skills; comfort working with large data sets and reconciliations
  • Strong attention to detail and ability to meet compliance related reporting deadlines.

Must be a U.S. Person due to required access to U.S. export-controlled information or facilities.

Role:
Senior Accountant

Company profile

Vulcan Elements

vulcanelements.com

Vulcan Elements is a startup manufacturer of rare earth magnets for electric vehicles, defense systems and other technologies, located in Durham, North Carolina. The company aims to build secure, resilient supply chains for the United States and its allies, and it is building what it calls the largest rare earth magnet facility in the Western Hemisphere, in Benson, North Carolina. In November 2025, the Pentagon's Office of Strategic Capital granted Vulcan Elements a $620 million loan, the largest it had ever made, a few months after 1789 Capital invested in the company.

Company Size
10 - 50 employees
Founded
2023
Total Raised
$620M
Key Investors
Pentagon's Office of Strategic Capital, 1789 Capital

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