Critical Materials Recycling · 1 week ago
Chief Financial Officer
Critical Materials Recycling, Inc. (CMR) is a startup based in Boone, Iowa, focused on sustainable recycling of Rare Earth Elements (REEs) through innovative technology. They are seeking an experienced Chief Financial Officer (CFO) to lead the financial strategy and operations as the company scales its operations.
Responsibilities
Establish and manage day-to-day financial operations, including bookkeeping, general ledger management, accounts payable/receivable, payroll oversight, cash management, and monthly close processes
Develop and maintain financial models, budgets, and forecasts to support operational scaling, capital planning, and strategic decision-making
Track performance against key metrics and provide actionable reporting to the CEO/Board
Support all fundraising activities, including equity raises, strategic investments, grants, and non-dilutive funding (e.g., DOE, DoD)
Ensure compliance with GAAP, tax regulations, and state/federal reporting requirements
Design and implement scalable financial systems and processes to support growth from pilot to commercial operations
Partner closely with the COO, CTO, and CCO to align financial strategy with operations, technology development, and commercial agreements
Identify financial risks related to capital intensity, feedstock variability, pricing volatility, and regulatory changes, and develop mitigation strategies
Qualification
Required
Progressive financial leadership experience, including prior experience as a CFO, VP of Finance, or senior finance leader in a startup or high-growth environment
Demonstrated hands-on experience with bookkeeping, accounting, and financial controls, especially in early-stage or resource-constrained companies
Proven track record of supporting fundraising efforts, including venture capital, strategic investors, and/or non-dilutive funding sources
Strong financial modeling, forecasting, and analytical skills, with advanced proficiency in Excel or similar tools
Establish and manage day-to-day financial operations, including bookkeeping, general ledger management, accounts payable/receivable, payroll oversight, cash management, and monthly close processes
Develop and maintain financial models, budgets, and forecasts to support operational scaling, capital planning, and strategic decision-making
Track performance against key metrics and provide actionable reporting to the CEO/Board
Support all fundraising activities, including equity raises, strategic investments, grants, and non-dilutive funding (e.g., DOE, DoD)
Ensure compliance with GAAP, tax regulations, and state/federal reporting requirements
Design and implement scalable financial systems and processes to support growth from pilot to commercial operations
Partner closely with the COO, CTO, and CCO to align financial strategy with operations, technology development, and commercial agreements
Identify financial risks related to capital intensity, feedstock variability, pricing volatility, and regulatory changes, and develop mitigation strategies
Preferred
Bachelor's degree in Finance, Accounting, Economics, or a related field; CPA, CFA, or MBA strongly preferred
Experience in capital-intensive industries such as cleantech, recycling, manufacturing, energy, or materials processing is preferred
Familiarity with government grants, incentives, and compliance requirements (e.g., DOE, DoD, IRA-related programs) is preferred
Experience implementing accounting systems and scaling financial infrastructure (e.g., QuickBooks, NetSuite, or similar) is preferred