Capital Projects Analyst

Vulcan Elements Inc.; Benson (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

Vulcan Elements Inc. in Benson, NC seeks a Capital Projects Analyst who will bridge Accounting, Finance and Commercial Manufacturing to manage CIP, fixed assets, depreciation and asset transfers.

You will own capital project accounting from construction-in-progress through commissioning, placing assets in service and ongoing fixed-asset accounting. collaborating with project teams, you will develop controls, track spend against budgets, prepare reporting, and support month-end closes while

Qualifications

• Bachelor’s degree in accounting, finance, or a related field.
• 3+ years of progressive accounting/finance experience with fixed assets or capital projects.
• Strong understanding of U.S. GAAP for property, plant and equipment.

Responsibilities

• Own key aspects of accounting for the company's capital investments, including construction-in-progress (CIP), fixed assets, depreciation, asset transfers, disposals, and impairments.
• Assist in the development of the Company’s capital requisition process
• Evaluate project expenditures and determine appropriate capitalization under U.S. GAAP, partnering with project teams on complex or judgmental items.
• Establish and maintain accurate asset records as projects progress from construction through commissioning and placed-in-service status.
• Develop processes for componentization and useful-life assignment across complex manufacturing equipment, facilities, and infrastructure.
• Support monthly, quarterly, and annual close activities related to capital projects and fixed assets, including reconciliations and financial statement support.
• Partner with Finance and project leadership to track capital spending against budgets and forecasts across the commercial facility build-out.
• Develop reporting and analytics that provide visibility into committed, incurred, forecasted, and capitalized project costs.
• Design and implement internal controls over the capital expenditure lifecycle, including project authorization, purchasing, invoice coding, capitalization, commissioning, and asset disposal.

Skills

Accounting

Fixed assets

Capital projects

GAAP knowledge

Analytical skills

Communication

Education

Bachelor's degree in accounting

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 Mission Focus, Technical Excellence and Integrity.

The Capital Projects Analyst will sit at the intersection of Accounting, Finance and Commercial Manufacturing stewarding the financial aspects of the build-out of Vulcan’s commercial manufacturing facility in Benson, NC, the production equipment that will operate at the facility, and all of the supporting capital infrastructure. This position is a critical part of Vulcan’s success as it will be in charge of Vulcan’s largest financial account: Property, Plant and Equipment.

The ideal candidate combines strong accounting foundations, with an analytical mindset, and an ability to act as the Accounting and Finance liaison to the Commercial Manufacturing team. You will own the processes, controls, and financial infrastructure required to manage a substantial capital project—from construction-in-progress and capitalization through asset commissioning and ongoing fixed-asset accounting.

Key Responsibilities:

• Own key aspects of accounting for the company's capital investments, including construction-in-progress (CIP), fixed assets, depreciation, asset transfers, disposals, and impairments.
• Assist in the development of the Company’s capital requisition process
• Evaluate project expenditures and determine appropriate capitalization under U.S. GAAP, partnering with project teams on complex or judgmental items.
• Establish and maintain accurate asset records as projects progress from construction through commissioning and placed-in-service status.
• Develop processes for componentization and useful-life assignment across complex manufacturing equipment, facilities, and infrastructure.
• Support monthly, quarterly, and annual close activities related to capital projects and fixed assets, including reconciliations and financial statement support.
• Partner with Finance and project leadership to track capital spending against budgets and forecasts across the commercial facility build-out.
• Develop reporting and analytics that provide visibility into committed, incurred, forecasted, and capitalized project costs.
• Design and implement internal controls over the capital expenditure lifecycle, including project authorization, purchasing, invoice coding, capitalization, commissioning, and asset disposal.

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+ years of progressive accounting/finance experience, with meaningful exposure to fixed assets, capital projects, manufacturing accounting, project accounting, or a related area.
• Strong understanding of U.S. GAAP, particularly accounting for property, plant and equipment and capitalization of project costs.
• Experience working with significant capital projects, manufacturing environments, construction, industrial operations, or other asset-intensive businesses strongly preferred.
• Strong analytical skills and comfort working with large and sometimes imperfect datasets.
• Strong judgment and an ability to establish practical accounting policies and controls in a rapidly evolving environment.
• Excellent communication skills and an ability to work effectively with both finance and non-finance stakeholders.
• A hands-on mindset and willingness to build processes from the ground up rather than simply administer established systems.

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

This position requires access to information and technology that is subject to US Export Control. Vulcan Elements will use this information to determine if you are eligible to receive this information under US Law.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in Vulcan Elements’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.