--- title: 'Payroll Specialist at Vulcan Elements' canonical: 'https://feeny.ai/job/payroll-specialist-vulcan-elements-research-triangle-park-cgnbgwqzqqss' type: 'job' last_seen: '2026-09-06' --- # Payroll Specialist at Vulcan Elements - **Company:** Vulcan Elements - **Location:** Research Triangle Park - **Posted:** 2026-09-02 - **Last confirmed live:** 2026-09-06 - **Apply:** https://job-boards.greenhouse.io/vulcanelements/jobs/5409637008 ## Job description Vulcan Elements is manufacturing American rare-earth permanent magnets for a secure, resilient future. 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 our core values of being Mission-Focused, having Technical Excellence and Integrity. The Payroll Specialist will be responsible for processing accurate and timely payroll for Vulcan Elements employees, including calculating wages, overtime, deductions, and tax withholdings in compliance with federal, state, and local regulations. They'll maintain payroll records, resolve discrepancies, and serve as a point of contact for employee questions regarding pay, benefits deductions, and related policies. As Vulcan scales its workforce across sites like Durham and the new Benson facility, this role will also help ensure payroll systems and processes stay accurate and compliant through that growth. This role will be located at our Durham, NC location and will move to the Benson, NC office when open and operational. ## Responsibilities - - Verify employee timesheets are approved by managers to confirm hours worked and ensure accuracy before processing - Calculate wages, overtime, and bonuses in accordance with company policy and applicable labor laws using systems such as Rippling, ADP, or QuickBooks Payroll - Process payroll using systems such as ADP, Rippling, or QuickBooks Payroll, including off cycle runs for corrections or urgent adjustments - Enter and maintain data related to benefits deductions, tax withholdings, and direct deposit preferences - Confirm accuracy of new hires in the payroll system and assist with terminations, ensuring final paychecks comply with state-specific deadlines - Maintain organized, audit-ready records of payroll transactions and employee compensation history - Investigate and resolve payroll discrepancies, errors, and employee inquiries in a timely and professional manner - Ensure ongoing compliance with federal, state, and local wage, hour, and payroll tax laws, updating systems and processes as regulations change - Process wage garnishments, tax levies, and other court-ordered deductions accurately and confidentially - Prepare and file payroll tax reports (e.g., Form 941, state unemployment, W-2s, 1099s) and reconcile payroll tax liabilities using systems such as Rippling, ADP, or QuickBooks payroll - Reconcile payroll data with the general ledger and support Finance/Accounting during month-end close - Partner with the People Partner to track and audit PTO and leave accruals (vacation, sick, FMLA) to ensure accurate employee balances - Support payroll system upgrades, integrations, and internal or external audits - Generate payroll reports for management, including labor costs, headcount, and overtime trends, to support budgeting and workforce decisions Responsibilities and tasks outlined are not exhaustive and may change as determined by the needs of the business ## Qualifications - Associate's or Bachelor's degree in Accounting, Finance, Business Administration, or related field (or equivalent work experience) - 3+ years of experience processing payroll, preferably in a multi-state or high-volume environment - Hands-on experience with payroll software (ADP, Rippling, QuickBooks Payroll, or similar) - Working knowledge of wage and hour laws, tax withholding requirements, and garnishment procedures - Experience with payroll tax filings and general ledger reconciliation preferred - Strong proficiency in Excel/Google Sheets for reconciliation and reporting - Excellent attention to detail and ability to handle confidential information with discretion - Strong communication skills to resolve employee payroll questions clearly and professionally Must be a U.S. Person due to required access to U.S. export-controlled information or facilities. ## Preferred Qualifications - CPP (Certified Payroll Professional) designation a plus, but not required - International payroll experience (e.g., managing payroll across multiple countries, currencies, or working with global EOR/PEO providers) a plus ## About Vulcan Elements ## Company Overview - **One-liner**: Vulcan Elements manufactures American rare-earth permanent magnets to build a resilient, Western supply chain for critical industries including defense, aerospace, automotive, and AI datacenters. - **Entity Type**: Private (Seed + Series A + Debt financing) - **Headquarters**: Cambridge, Massachusetts, United States (primary R&D operations also in Research Triangle Park, NC) - **Founded**: 2023 - **Founders**: John Maslin (CEO) and Dr. Piotr Kulik (CTO) ## Core Business - Primary industry: Advanced manufacturing of rare earth permanent magnets (neodymium). - Target customers: B2B and government/defense – enterprise customers in defense, aerospace, automotive, industrial, consumer electronics, AI datacenters, semiconductor fabrication. - Mission: "Improving U.S. and allied security by producing the Rare Earth Magnets that are critical to economic and national security." – [vulcanelements.com](https://vulcanelements.com/) ## Products & Services - **Rare Earth Permanent Magnets (Neodymium)**: High-performance sintered and bonded magnets used in motors, generators, sensors, and actuators. Application areas include defense systems, satellites, AI datacenters, semiconductor fabrication, consumer electronics, industrial motors, power tools, and non-drive train motors. – [vulcanelements.com](https://vulcanelements.com/) - **R&D and Process Optimization**: Developing next-generation magnetic technologies and advanced manufacturing processes focused on efficiency, cost competitiveness, and supply chain transparency. – [vulcanelements.com](https://vulcanelements.com/) ## Market Standing - **Valuation**: Not publicly disclosed. - **Total Funding**: $690.2 million (as of November 2025) across three rounds: - Seed Round (Dec 2023): $5.2M – 3 investors. - Series A (Sep 2025): $65M – led by Washington Harbour Partners and Altimeter. - Debt Financing (Nov 2025): $620M – led by the Department of Defense’s Office of Strategic Capital (OSC). – [cbinsights.com](https://www.cbinsights.com/company/vulcan-elements) / [linkedin.com](https://www.linkedin.com/company/vulcan-elements) - **Key Metric**: Total funding $690.2M; production output of 10 metric tons in 2025. - **Notable Investors/Partners**: Department of Defense’s Office of Strategic Capital, Washington Harbour Partners, Altimeter. - **Growth Signals**: - Announced a $1.4 billion partnership with the United States government. - Selected Benson, North Carolina, for a 1.1 million sq ft facility – the largest magnet manufacturing plant outside China. - Employee headcount of 38 (+200% YoY) as of mid-2026. - Rapidly scaling pilot operations; 37 open job listings on Greenhouse. – [vulcanelements.com](https://vulcanelements.com/) / [linkedin.com](https://www.linkedin.com/company/vulcan-elements) / [greenhouse.io](http://job-boards.greenhouse.io/vulcanelements) ## Competitive Advantages - **Domestic Supply Chain**: The only U.S. company vertically integrating rare earth magnet production, reducing reliance on Chinese supply. - **Technical Expertise**: Co-founder Dr. Piotr Kulik is one of four rare earth magnet science professors in the U.S. and opened the first academic rare earth magnetics lab in the country in over 20 years. - **Government Backing**: Strong ties to U.S. national security agencies and over a billion dollars in government-funded partnerships. - **Process Innovation**: Proprietary process optimization methods aimed at cost competitiveness without sacrificing performance. - **National Security Focus**: All operations require U.S. Person status, aligning with defense and aerospace customer needs. ## Strategic Focus - **Scale Production**: Transition from pilot-scale (10 metric tons/year) to mass production at the Benson, NC facility to meet surging demand from defense, AI, and automotive sectors. - **Supply Chain Resilience**: Partnering exclusively with U.S. and allied-country suppliers (UK, Australia, Japan). - **R&D**: Developing next-generation magnetic materials and advanced manufacturing processes. - **Talent Acquisition**: Actively hiring engineers, scientists, operations, and business development talent to support rapid growth. – [greenhouse.io](http://job-boards.greenhouse.io/vulcanelements) ## Why Work Here - **Mission-Driven Culture**: Employees contribute directly to national security and economic resilience, with values of Mission Focus, Technical Excellence, and Transparency. – [vulcanelements.com](https://vulcanelements.com/careers/) - **Benefits**: Competitive equity, unlimited PTO, 90% health insurance (100% for employee), 99% dental and vision, 401K, fully stocked kitchen. – [vulcanelements.com](https://vulcanelements.com/careers/) - **Work Environment**: Fast-paced startup with a "startup manufacturer" ethos; roles are largely on-site in Research Triangle Park, NC or Benson, NC. Internship opportunities available with mentorship and real impact on critical projects. - **Growth Opportunity**: Extremely high headcount growth (+200% YoY) and large-scale facility expansion offer rapid career advancement. - **U.S. Person Requirement**: Many positions require U.S. Person status due to government contracts. ## Sources 1. [vulcanelements.com](https://vulcanelements.com/) 2. [vulcanelements.com/careers](https://vulcanelements.com/careers/) 3. [greenhouse.io (Vulcan Elements jobs)](http://job-boards.greenhouse.io/vulcanelements) 4. [linkedin.com/company/vulcan-elements](https://www.linkedin.com/company/vulcan-elements) 5. [cbinsights.com/company/vulcan-elements](https://www.cbinsights.com/company/vulcan-elements) ## Other roles at Vulcan Elements - [Senior Materials Scientist](https://feeny.ai/job/senior-materials-scientist-vulcan-elements-research-triangle-park-53n83a0hj1yh) — Research Triangle Park, NC - [Sr. Manager, Operational Excellence](https://feeny.ai/job/sr-manager-operational-excellence-vulcan-elements-benson-y4aw80sbt401) — Benson, NC - [Staff Process Engineer](https://feeny.ai/job/staff-process-engineer-vulcan-elements-research-triangle-park-jfs5jqwjdteq) — Research Triangle Park, NC - [R&D Materials & Process Engineer](https://feeny.ai/job/r-d-materials-process-engineer-vulcan-elements-research-triangle-park-ksmm3yh6bxmy) — Research Triangle Park, NC - [Controls Engineer](https://feeny.ai/job/controls-engineer-vulcan-elements-research-triangle-park-m1m7tkg7thr1) — Research Triangle Park, NC - [Safety Specialist](https://feeny.ai/job/safety-specialist-vulcan-elements-benson-d58ksk27rxgj) — Benson, NC - [Machinist](https://feeny.ai/job/machinist-vulcan-elements-benson-z2y1p4qcfny9) — Benson, NC - [Manufacturing Engineering Manager](https://feeny.ai/job/manufacturing-engineering-manager-vulcan-elements-research-triangle-park-56h2n366x0pb) — Research Triangle Park, NC - [Machining Site Lead](https://feeny.ai/job/machining-site-lead-vulcan-elements-benson-m7fnfqdmxg27) — Benson, NC - [Buyer](https://feeny.ai/job/buyer-vulcan-elements-research-triangle-park-wymzztx1dfn6) — Research Triangle Park, NC