VP, Finance

Role: VP, Finance 

Role Type: Hybrid, 4 days week in office

Location: Toronto

Cyclic Materials is a rapidly growing cleantech company, building a circular supply chain for rare earth elements (REEs) and other critical materials essential to the clean energy transition. The company's proprietary MagCycle℠ and REEPure℠ processes transform end-of-life products into valuable raw materials used in EVs, wind turbines, and electronics. With its successful commercial demonstration, Cyclic Materials is rapidly scaling commercially across North America, Europe and Asia.

Founded in 2021 and headquartered in Toronto, Cyclic Materials has scaled rapidly with plants established in Ontario and Arizona, as well as an expansion by building a campus in South Carolina. Cyclic Materials recently announced a Series C of $75 Million led by T. Rowe Price, in addition to backing by global leaders including Microsoft, Amazon, Hitachi Ventures, BMW i Ventures, Jaguar Land Rover's lnMotion fund, Energy Impact Partners, ArcTern Ventures, Fifth Wall and more. The company has forged strategic commercial partnerships with key industry leaders such as Solvay, Vattenfall, Lime, and VACUUMSCHMELZE to recycle magnets containing REEs and bring a circular and resilient rare earth supply chain to scale. We are proudly named as one of Top 10 Climate Tech Companies to Watch by MIT Tech Review in 2025. Learn more about Cyclic Materials cyclicmaterials.earth.

Cyclic Materials is looking to add curious, hard-working, and driven individuals to our growing team. Come join us and help build a global cleantech leader together!

Position Overview   

Reporting to the Chief Financial Officer, the Vice President of Finance is the company’s senior finance leader responsible for enterprise-wide financial management and controls, multi-entity multi-currency statutory and management reporting, currency and financial risk management, and all aspects of operational finance across our corporate and manufacturing footprint. This executive will be a hands-on builder who can scale systems, lead cross-functional initiatives across all functions in the organization and ensure rigorous compliance with U.S. GAAP and IFRS requirements.

Responsibilities

Strategic Financial Leadership & Business Growth

• Develop and execute financial management strategies and tactics aligned with Cyclic Material’s long-term business goals, including market expansion


• Partner with the CFO and executive leadership to define financial frameworks for sustainable growth and profitability


• Serve as a strategic partner to the CEO and Board; translate the company strategy into financial plans, investments, and measurable outcomes


• Key contributor to the planning and budgeting processes across all functions in the company

Financial Management & Reporting

• Oversee all financial operations including accounting, cash flow management, financial risk management, treasury, and financial and management reporting


• Ensure accuracy, integrity, and timeliness of financial statements in compliance with relevant accounting standards


• Lead monthly, quarterly, and annual reporting processes for all internal and external stakeholders


• Direct U.S. GAAP financial reporting and international reporting (e.g., IFRS/local GAAP); coordinate external audits and tax compliance, establish and maintain robust internal controls (SOX‑ready environment) and accounting policies
  
  

Risk Management

• Drive cost efficiency initiatives across manufacturing, procurement, and logistics.


• Implement and monitor key financial metrics


• Oversee commodity exposure management (e.g., LME/COMEX), pricing formulas, and customer/supplier pass‑through mechanisms


• Manage FX, interest-rate, and credit risks; help develop hedging strategies with policy


• Identify financial, operational, and compliance risks, implementing mitigation strategies


• Maintain internal controls, policies, and governance frameworks that ensure transparency and accountability

Team Leadership & Development

• Lead, mentor, and grow a high-performing finance and accounting team that supports operational and strategic objectives across multiple jurisdictions


• Foster a culture of collaboration, accountability, and continuous improvement across departments


• Promote cross-functional coordination between all departments

Systems & Process Optimization

• Strengthen financial systems and reporting processes


• Integrate automation and analytics-driven financial planning to enhance accuracy and decision-making


• Support digital transformation initiatives to improve forecasting, costing, and data visibility


• Co-lead ERP system optimization and evergreen improvements


• Own and monitor controls on systems involved with contract management, expense processing and all other financial processes

Qualifications

• One of the following accounting designations required, CPA, ACCA OR CIMA


• 15+ years of progressive financial leadership experience, including 10+ years in a senior executive role at a multinational


• Must have experience with direct reporting accountability in a large private and/or publicly listed company


• Proven experience in a manufacturing OR recycling environment is mandatory, ideally in the metals industry


• Proven experience overseeing finance in multi-entity, international organizations


• Demonstrated international reporting experience, including consolidation for multi‑currency, multi‑entity structures and coordination with international auditors/tax advisors


• Strong knowledge of manufacturing finance, cost accounting, and ERP systems.


• Experience in US financial operations required, global experience is an asset


• Strong technical accounting skills combined with business acumen.


• Exceptional leadership, communication, negotiation, and stakeholder management skills.


• Demonstrated success in scaling organizations and improving financial performance.


• Ability to operate strategically while maintaining hands-on involvement in operational details


• Experience partnering with investment bankers, external counsel, auditors, and investor relations/communications teams through financing and/or capital markets processes is a strong asset

Why You Will Love Cyclic Materials  

• At Cyclic Materials, we're dedicated to supporting our workforce on their unique career journey


• We offer a competitive compensation package including Health and Dental coverage, RRSP contributions and a generous paid time off program that lets you recharge


• We value diversity and are committed to maintaining a workplace where everyone is respected and recognized for their contributions

The base compensation offered is determined based on the successful candidate’s relevant experience, skills, and competencies and considers internal equity.

As an Equal Opportunity employer, Cyclic Materials is committed to fostering an inclusive workplace where all individuals have an opportunity to succeed. If you require accommodation at any stage of the interview process, please email [email protected].

Applicants for employment in the Canada and US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States or Canada and with Cyclic Materials (i.e., H1-B visa, F-1 visa (OPT), TN, L1-A visa or any other non-immigrant status).

To all applicants, your interest and effort are sincerely appreciated. While we thank everyone for their application, only those selected for an interview will be contacted.