Niron Magnetics

Staff Accountant - General

Staff Accountant - General
Notice info
LocationMinneapolis, MN
Salary$60,000-$75,000
On-site
Mining

About This Job

Niron Magnetics is reshaping tomorrow's technologies with the world's only high-performance, rare-earth-free permanent magnets. The company's proprietary magnet technology based on Iron Nitride enables magnets that are inherently high magnetization, free of rare earths and other critical materials, and solve supply chain reliability challenges, will drive innovation in various industries. Headquartered in Minneapolis, MN, Niron Magnetics is comprised of a team of professionals with a desire to make a positive impact on the global community. We were named one of "America's Top GreenTech Companies" for 2024 and 2025 by TIME Magazine and the "Innovation of the Year" at the 2025 mHUB Fourth Revolution Awards.

Our team is made up of 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

As a Staff Accountant at Niron, you will play a crucial role in ensuring the accuracy and efficiency of our financial operations. You will manage fixed assets, inventory and cost accounting transactions. Your expertise will support month-end and year-end close processes, audits, and compliance reviews. Additionally, you will contribute to the successful implementation of our new ERP system, driving improvements and establishing best practices.


Fixed Assets

- Record acquisitions, disposals, transfers, and depreciation of fixed assets in accordance with GAAP and company policy.

- Prepare monthly, quarterly, and annual fixed asset reports for management and auditors.

- Assist with physical asset verification and tagging processes.

- Support capital project tracking.


Cost Accounting and Inventory Support

- Maintain accurate standard cost data for inventory valuation and production reporting.

- Ensure timely and accurate posting of production orders.

- Support monthly closing activities related to cost allocations and inventory adjustments including analyzing variance accounts.

- Work with supply chain and operations to ensure proper accounting for inventory movements and obsolescence reserves.

- Collaborate with operations and finance teams to improve cost tracking and reporting processes.


Financial Close & Reporting

- Assist in month-end and year-end close processes, including journal entries, account reconciliations, and financial reporting.

- Report actual results relative to budget and forecast targets.


Audit & Reviews

- Support audits and compliance reviews by preparing schedules and documentation.


ERP Implementation

- Participate in the implementation of a new ERP system, including:

- Assisting with data migration and validation.

- Testing system functionality and reporting issues.

- Documenting new processes and procedures.


What we're looking for

- Bachelor's degree in Accounting, Finance, or related field; CPA or CMA preferred.

- 2+ years of accounting experience with cost accounting experience in a manufacturing environment.

- Strong understanding of cost accounting principles, inventory management, and financial analysis.

- Excellent attention to detail, organizational, and analytical skills.

- Proficiency in Microsoft Excel; Relevant experience with Microsoft Dynamics 365 or similar ERP system

- Excellent communication, leadership, and problem-solving abilities.

- Ability to work independently and collaboratively in a dynamic, start-up environment.


Our pay and benefits

- Salary: $60,000-75,000 annually, depending on education, experience and skills

- 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

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