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Vulcan Elements manufactures American rare-earth permanent magnets for defense, aerospace, and automotive applications with a focus on national security and economic resilience. The Capital Projects Analyst will serve as the financial steward for Vulcan's commercial manufacturing facility build-out in Benson, NC, managing the company's largest financial account: Property, Plant and Equipment.
This role sits at the intersection of Accounting, Finance, and Commercial Manufacturing, requiring ownership of the financial infrastructure and controls for a substantial capital project. You will manage the complete lifecycle from construction-in-progress and capitalization through asset commissioning and ongoing fixed-asset accounting.
Key responsibilities include:
- Owning accounting for capital investments, including construction-in-progress (CIP), fixed assets, depreciation, asset transfers, disposals, and impairments
- Assisting in development of the company's capital requisition process
- Evaluating project expenditures and determining appropriate capitalization under U.S. GAAP, partnering with project teams on complex items
- Establishing and maintaining accurate asset records as projects progress from construction through commissioning
- Developing processes for componentization and useful-life assignment across complex manufacturing equipment, facilities, and infrastructure
- Supporting monthly, quarterly, and annual close activities related to capital projects and fixed assets
- Partnering with Finance and project leadership to track capital spending against budgets and forecasts
- Developing reporting and analytics providing visibility into committed, incurred, forecasted, and capitalized project costs
- Designing and implementing internal controls over the capital expenditure lifecycle, including project authorization, purchasing, invoice coding, capitalization, commissioning, and asset disposal
The ideal candidate combines strong accounting foundations with an analytical mindset and the ability to act as the liaison between Accounting/Finance and the Commercial Manufacturing team. You will own processes, controls, and financial infrastructure in a rapidly evolving, high-growth environment.
REQUIREMENTS:
- Bachelor's degree in accounting, finance, or related field
- 3+ years of progressive accounting/finance experience with meaningful exposure to fixed assets, capital projects, manufacturing accounting, project accounting, or related area
- Strong understanding of U.S. GAAP, particularly accounting for property, plant and equipment and capitalization of project costs
- Experience with significant capital projects, manufacturing environments, construction, industrial operations, or asset-intensive businesses strongly preferred
- Strong analytical skills and comfort working with large and sometimes imperfect datasets
- Strong judgment and ability to establish practical accounting policies and controls in a rapidly evolving environment
- Excellent communication skills and ability to work effectively with both finance and non-finance stakeholders
- Hands-on mindset and willingness to build processes from the ground up
- Must be a U.S. Person due to required access to U.S. export-controlled information or facilities