Cyclic Materials™ is building a resilient circular supply chain for rare earth elements and other critical materials. Our proprietary two-phase process unlocks value from end-of-life products by efficiently recycling rare earths back to a high-purity form.

Cyclic

Materials offers a scalable, rapid and resource-productive solution to complement traditional mining in creating supply of rare earths. These materials are critical to the modern economy, including the production of electric vehicles, electronics, AI infrastructure, wind turbines, defense, and advanced manufacturing technologies. Founded in 2021, Cyclic Materials has rapidly progressed from technology development to commercialization.

We currently operate facilities in Ontario and Arizona, with a new expansion underway in South Carolina. Backed by US$75 million in Series C financing led by T. Rowe Price, alongside strategic investors including Microsoft, Amazon, Hitachi Ventures, BMW i Ventures, Jaguar Land Rover’s InMotion fund, Energy Impact Partners, ArcTern Ventures, and Fifth Wall, we are scaling to meet growing global demand for a secure and sustainable rare earth supply.

We are growing quickly and building the industrial backbone required for a circular rare earth economy.

Joining Cyclic

Materials means working on complex and exciting challenges at scale, alongside a team committed to executing and delivering measurable impact. If you are motivated by building critical infrastructure and advancing the circular economy, join us and help accelerate the growth of rare earth recycling. The Position

We are seeking an experienced Director, Internal Controls & SOX Compliance to build and lead Cyclic Materials’ global ICFR and SOX compliance program from the ground up, supporting IPO readiness, and establishing a best-in-class governance framework to support SEC reporting, U.S. GAAP reporting, and the long-term growth of a multinational organization. Reporting directly to the Global CFO, the Director, Internal Controls & SOX Compliance will lead the design, implementation and ongoing management of Cyclic Materials' global internal controls framework.

This executive leadership role is responsible for preparing the Company for its transition to a U.S. public company, including developing an Internal Control over Financial Reporting (ICFR) program aligned with the Sarbanes-Oxley Act (SOX), supporting SEC reporting requirements, and partnering with external advisors to establish governance processes appropriate for an Emerging Growth Company (EGC). Responsibilities:

IPO Readiness & Public Company Preparation





Lead the internal controls workstream for IPO readiness, including the ICFR and SOX roadmap, public company governance processes, SEC readiness, drafting support, and coordination with external consultants, legal counsel, investment bankers, auditors, executive leadership, and the Board.

Internal Control over Financial Reporting (ICFR)

Design, implement, document, test, and maintain a global ICFR framework covering enterprise, entity-level, process-level, financial reporting, IT general, automated application, disclosure, and management review controls

This includes risk assessments, process narratives, flowcharts, RCMs, deficiency evaluation, and remediation tracking.

SOX Compliance Program

Develop and lead the Company's SOX compliance program, including:

SOX 302 compliance support, SOX 404 readiness, Annual control testing program, Quarterly certification processes, Deficiency management, Remediation oversight, Management reporting, Continuous monitoring.

Coordinate activities with key stakeholders, including external SOX consultants, internal process owners, external auditors and the Audit Committee.

Global Financial and IT Controls

Partner with Finance, Operations groups and IT to establish consistent financial controls across operations and information systems globally.

Ensure controls address global consolidations, foreign exchange, intercompany accounting, revenue recognition, procurement, treasury, capital projects, fixed assets, inventory, payroll, and financial close and reporting

Capital Project Governance

Develop internal controls supporting ~$1 Billion worth of projects covering capital authorization, procurement contractor payments, Change orders, construction accounting, capitalization policies, fixed assets, project reporting, and delegation of authorities.

Technical Accounting

Partner with Accounting leadership to ensure controls over US GAAP accounting, significant estimates, new pronouncements, equity transactions, government grants, business combinations, lease accounting, stock-based compensation

Policy & Governance

Maintain policies including Internal Controls, Financial Policies, Accounting, Delegation of Authority, procurement, Capital Approval, and Corporate Governance Framework





Audit Committee Support

Primary liaison between management and committee for ICFR status, SOX readiness, remediation updates, Audit Committee Materials, and coordination of external audit

Leadership Responsibilities

Build and lead the Company's Internal Controls function.

Recruit and develop future SOX and Internal Audit resources.

Manage relationships with external advisors and consultants.

Drive continuous improvement initiatives.

Develop a culture of accountability, compliance and operational excellence.

Provide enterprise-wide training on controls and governance. The Qualifications:

Required

CPA (Canada, U.S. or equivalent) and a Bachelor’s degree in Accounting, Finance, Commerce or the equivalent

10–15+ years of progressive experience in public accounting, internal controls, SOX compliance and financial reporting

Minimum 5 years leading SOX and ICFR programs for a U.S.-listed public company

Demonstrated experience leading IPO readiness or supporting a company through a U.S. IPO

Extensive knowledge of Sarbanes-Oxley Act (SOX), SEC reporting requirements, COSO Internal Control Framework, U.S. GAAP, and SEC disclosure requirements

Experience developing global internal control frameworks

Experience managing external consulting firms and audit relationships

Exceptional project management and leadership skills

Excellent executive communication and presentation abilities

Preferred

Big Four audit or advisory experience.

Experience with Emerging Growth Companies (EGCs).

Experience supporting Nasdaq or NYSE-listed issuers.

Experience with multinational manufacturing, industrial, mining, chemicals, infrastructure or clean technology companies.

Experience implementing SOX programs from the ground up.

Experience with Microsoft Dynamics 365 ERP.

Familiarity with GRC platforms (AuditBoard, Workiva, Diligent, Archer or similar).

Experience supporting debt financing, government funding compliance and large-scale capital project governance.

The Success

Measures

Within the first 6 months, you will:

Deliver a comprehensive IPO-ready ICFR framework.

Complete documentation of all key business processes and controls.

Establish global SOX governance across all operating entities.

Successfully coordinate IPO readiness activities with external advisors.

Build scalable governance supporting future global expansion.

Implement effective controls over the Company's US$1 billion U.S. capital expansion program.

Prepare the organization for productive post-IPO compliance as an Emerging Growth Company.

📌 Director, Internal Controls & SOX Compliance (Toronto)
🏢 GlassRatner Canada
📍 Toronto