Senior Accountant

Vulcan Elements; Durham (NC); On-site; USD 70,000 - 95,000; Full time

Job summary

Vulcan Elements in Durham, NC, is seeking a Senior Accountant to join our corporate accounting function as an early technical hire on an expanding finance team.

You will own and support foreign currency accounting, inventory and cost accounting, fixed assets, and multi-entity consolidation while helping scale operations and ensure accurate U.S. GAAP reporting.

Qualifications

• Bachelor’s degree in accounting, finance, or related field.
• 3-5 years of accounting/finance experience; public accounting a plus.
• Experience with inventory and fixed asset accounting in manufacturing or capital-intensive businesses.
• Strong foundation in U.S. GAAP with ASC 330, ASC 360, ASC 830 familiarity.
• Experience with accounting systems, NetSuite, Ramp, and Workiva.

Responsibilities

• Support monthly, quarterly, and annual close processes, including journal entries, reconciliations, and financial statement preparation per U.S. GAAP.
• Support accounts payable, including invoice review, coding, and three-way match.
• Maintain inventory rollforward to GL and tie MES to subledger.
• Analyze inventory variances and recommend corrective actions or reserves.
• Maintain fixed assets subledger, including setup, depreciation, and disposals.
• Maintain construction in progress by capital project and capitalization decisions.
• Prepare fixed asset and CIP roll-forwards and reconcile to GL.
• Support foreign currency accounting per ASC 830, including translation and remeasurement.
• Support multi-entity consolidation, intercompany eliminations, and consolidating entries.
• Support external audits, tax filings, and other compliance requests.
• Support implementation of new accounting policies and guidelines

Skills

Accounting experience

Public accounting

Inventory accounting

Fixed asset accounting

Advanced Excel

Data analysis

NetSuite

Ramp

Workiva

Financial reporting

Education

Bachelor’s degree in accounting/finance

Tools

NetSuite

Ramp

Workiva

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.