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.

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.

• 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.