---
title: 'Senior Accountant at Vulcan Elements'
canonical: 'https://feeny.ai/job/senior-accountant-vulcan-elements-research-triangle-park-hwssnebttjmj'
type: 'job'
last_seen: '2026-09-13'
---

# Senior Accountant at Vulcan Elements

- **Company:** Vulcan Elements
- **Location:** Research Triangle Park, NC
- **Posted:** 2026-09-09
- **Last confirmed live:** 2026-09-13
- **Apply:** https://job-boards.greenhouse.io/vulcanelements/jobs/5413408008

## Job description

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.

Qualifications:

- 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.

## 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

- [Product Quality Engineer](https://feeny.ai/job/product-quality-engineer-vulcan-elements-research-triangle-park-6y47hgsga0mf) — Research Triangle Park, NC
- [Payroll Specialist](https://feeny.ai/job/payroll-specialist-vulcan-elements-research-triangle-park-cgnbgwqzqqss) — Research Triangle Park, NC
- [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