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Company Overview:

MP Materials (NYSE: MP) is rebuilding American industrial capability for a new era of autonomy, robotics, and electrification.

We are the only U.S. company with a fully integrated rare earth supply chain—from mining and refining to advanced metal and magnet manufacturing. Our products include both the critical materials used to make permanent magnets and the finished magnets themselves—enabling next-generation technologies in robotics, automation, aerospace, transportation, defense, and energy systems. These materials are the foundation of physical AI—the convergence of computation, movement, and control.

We hire ambitious, mission-driven people who want to tackle complex challenges and shape the future of strategic industries. Our culture is rooted in teamwork, resiliency, and integrity, with a deep commitment to operational excellence and national purpose. MP is rapidly evolving from a materials producer into a leading U.S. manufacturer—and our people are driving that transformation.

Position Overview:

MP Materials is seeking a highly motivated and detail-oriented Director, Accounting - Revenue to oversee revenue recognition and related accounting operations in our vertically integrated business model. This individual will play a key role in ensuring compliance with ASC 606, managing complex revenue contracts, intercompany revenue arrangements, and revenue recognition calculations requiring sophisticated Excel-based models, driving timely and accurate financial reporting, and supporting process improvements across our revenue streams—including product sales, leasing arrangements, long-term contracts, and potential service arrangements.

The ideal candidate will be a hands-on accounting professional with strong technical expertise, a proactive mindset, and the ability to thrive in a fast-paced vertically integrated manufacturing and technology environment.

Position Responsibilities:

• Own and manage the revenue accounting cycle, including monthly close, journal entries, reconciliations, revenue reporting, and analysis related to accounts receivable and its current expected credit losses.
• Develop and maintain ASC 606 revenue recognition models.
• Perform detailed reviews over ASC 606 revenue recognition models with focus on accuracy and quality in accordance with internal policies, complex pricing models, and contract terms.
• Own all customer contracts and sales arrangements to ensure appropriate revenue treatment throughout contract term, including thoroughly understanding terms and conditions impacting pricing.
• Partner with Sales, Operations, Legal, and FP&A to understand contract terms, pricing structures, cost accounting in a complex manufacturing environment and delivery milestones.
• Partner with Technical Accounting and Internal Audit in the development and maintenance of revenue-related accounting policies, procedures, and internal controls.
• Stay abreast of new accounting guidance and developments related to ASC 606 and other areas impacting revenue recognition to operationalize technical standards, ensuring compliance with U.S. GAAP.
• Assist with detailed revenue recognition disclosures required by U.S. GAAP.
• Support the implementation and continuous improvement of revenue-related processes and related product accounting in SAP S/4HANA.
• Collaborate with auditors during quarterly reviews and annual audits, including preparation of supporting schedules and documentation.
• Monitor new revenue streams and business models (e.g., magnet sales, international shipments, government contracts) for proper revenue treatment.
• Mentor and supervise revenue accounting staff, fostering professional growth and accountability, as applicable.
• Prepare and analyze revenue metrics and support revenue forecasting with FP&A.
• Other duties, as assigned.

Basic Qualifications:

• Bachelor’s degree in Accounting or Finance.
• CPA license.
• Minimum of 10 years of progressive accounting experience, with at least 7 years in revenue accounting and/or Big 4 public accounting experience.
• Extensive experience in ASC 606 and revenue recognition practices.
• Ability to develop cross functional relationships both within the finance function and the broader organization. Work effectively on cross functional teams and a demonstrated ability to partner with other functions
• Effective leadership, delegation and prioritization skills with experience in managing a large team
• Ability to prioritize, think strategically and exercise sound judgment
• Experience working with ERP systems (preferably SAP S/4HANA) and financial reporting tools (e.g., OneStream, Hyperion).
• Strong analytical, communication, and organizational skills.
• Advanced knowledge of Excel.

Desired Qualities:

• Experience in manufacturing, mining, energy, or technology sectors.
• Deep understanding of ASC 842.
• Prior involvement in ERP system implementations or upgrades.
• Familiarity with SOX compliance and internal controls.
• Demonstrated ability to interpret complex contracts and apply professional judgment.
• Proven success working in high-growth or transformational business environments.

MP Materials is Proud to be an Equal Opportunity / Affirmative Action Employer 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law. Underrepresented groups/Women/Disabled/Veterans are encouraged to apply. Candidates whose disabilities make them unable to meet the position’s requirements will still be considered qualified if they can perform the essential functions of the job with reasonable accommodation.

Your Right to Work – In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment verification document form upon hire.

For Assistance with Application - Alternative methods of applying for employment are available to individuals unable to submit an application through this site because of a disability. Contact Human Resources Department at 702-844-6111; dial 7 when prompted for HR; 1700 South Pavilion Center Dr. 8th Floor, Las Vegas, NV 89135 to discuss reasonable accommodation.