Senior Accounting Manager

Niron Magnetics is commercializing the first new magnetic material in decades powered by its breakthrough material formulation and advanced manufacturing process. The company’s proprietary technology enables magnets that are free of rare earths and other critical materials, solve supply chain reliability challenges, and drive innovation in various industries. We are now scaling this new technology from our Pilot Plant to the first commercial scale plant and beyond. Headquartered in Minneapolis, MN, our team is made up of more than 100 people who think big, dare to innovate, and strive to impact the planet through technological innovation for our customers. Ready to work alongside amazing people, solve complex problems, and leave a legacy? Join our team.

What you’ll do

We are seeking a highly skilled and detail-oriented Senior Accounting Manager to join our growing finance team. This role will ensure the consolidation accuracy, compliance, and integrity of financial reporting and technical accounting within a government contracting environment. It requires deep expertise in US GAAP, FAR, CAS, and federal reporting requirements, along with strong oversight of internal controls and policy enforcement.

Technical Accounting

• Research and apply advanced accounting standards including US GAAP, FAR (Federal Acquisition Regulations), and CAS (Cost Accounting Standards).
• Prepare technical accounting memos for transactions such as indirect cost allocations, contract modifications, and revenue recognition under cost-reimbursable and fixed-price contracts.
• Monitor and implement changes in federal regulations and accounting standards.
• Support accounting for government-specific transactions including incurred cost submissions, allowable/unallowable cost determinations, and contract closeouts.
• Ensure consistent application of accounting policies and identify/report deviations.
• Develop and maintain internal controls over financial reporting and compliance with federal cost principles.

Reporting

• Responsible for the overall management of the General Ledger and Balance Sheet to ensure accuracy of financial data.
• Oversee preparation of financial statements and reports required under federal contracts, including DCAA-compliant schedules.
• Ensure compliance with federal reporting requirements such as incurred cost submissions, and other audit-related documentation.
• Preparing financial reports and reviewing account balance reconciliations and journals.
• Monitor and manage organizational spending, while ensuring that accounting staff are appropriately coding expenses and revenues and are in compliance with both internal financial policies and external financial regulations.
• Maintain and manage accurate files to ensure the accuracy and compliance of financial records.
• Responsible for the management of the month end close, including but not limited to, ensuring that cash balances are accurate and accounted for, receivables have been followed up on, and payables have been recorded and disbursed in the appropriate period.
• Responsible for the reconciliation of accounts to ensure accuracy of financial data.
• Prepare financial statements and supporting reports in a timely manner that are in accordance with generally accepted accounting principles.
• Prepare monthly schedules and/or reports for management covering different programmatic areas such as grants, membership dues, conferences and events, and other areas as needed.
• Assist in the preparation and management of the organizational budget. Adhere to and provide guidance to junior staff and managers as it relates to the budget.
• Collaborate with auditors during the annual audit, managing the audit and ensuring timely responses to requests, and accurate financial data is supplied.
• Other responsibilities may include but are not limited to collaborating with stakeholders, organizing accounts for accurate classifications, conducting financial analysis, recommending improvements, and other items as needed.

Government Contracts

• Manage indirect rate structures and monitor cost pools for compliance with CAS.
• Supervise accounting functions such as billing, revenue recognition, and cost allocations under government contracts.
• Prepare audit-ready documentation for DCAA, DCMA, and other oversight bodies.

What we’re looking for

• Bachelor’s degree in accounting.
• CPA required.
• Public accounting experience preferred.
• 7+ years of experience in technical accounting, including government contracting.
• Experience with government ERP systems and reporting tools.
• Excellent attention to detail, organizational, and analytical skills.
• Intermediate to advanced computer skills using Microsoft Suite of products such as Outlook, Word, and Excel. Relevant experience with Microsoft Dynamics 365 or similar ERP system.
• Leadership and problem-solving abilities. Must have excellent communication skills when providing instructions, creating detailed reports, and offering insight to other managers. This should include verbal and written communication.
• Ability to work independently and collaboratively in a dynamic, start-up environment.
• Advance knowledge of accounting practices, full cycle accounting, laws and regulations in accordance with Generally Accepted Accounting Principles (GAAP).
• Attention to detail to ensure quality work, and deadlines are adhered to.
• Ability to manage time effectively to ensure that projects are equally balanced.
• Ability to analyze financial data to draw insights, provide feedback and guidance based on analysis.
• Ability to apply problem solving to resolve or avoid problems as well as utilizing this skillset to find solutions to complex financial issues.
• Ability to use discretion when managing sensitive and confidential information.
• Identifying and implementing process improvements along with the Director of Accounting.

Our pay and benefits

• Equity position in Niron via stock option grant
• Comprehensive medical, dental, and vision insurance, Mental healthcare
• 401k plan with company match
• Paid vacation, sick time, and holidays
• Experience in a fun, high-performing, manufacturing environment