Controller, Accounting, Financial Reporting

About Nth Cycle

Nth Cycle is a critical minerals refining company commercializing a proprietary electroextraction technology (Oyster™) that recovers nickel, cobalt, and manganese from battery black mass and other secondary feed stocks. We produce mixed hydroxide precipitate (MHP) and lithium carbonate for the EV, energy storage, and stainless steel supply chains, and have a binding 10-year offtake agreement with Trafigura. The company is pursuing a public listing via business combination with a SPAC, targeting close in 2026, and is scaling its first commercial facility while building a multi-site, multi-jurisdictional operating footprint.

The Controller role is being built to anchor the accounting and financial reporting function as the company transitions from private to public and from single-site to international operations.

• Own the monthly, quarterly, and annual close on a consolidated basis across US and international entities, including intercompany eliminations, FX remeasurement and translation, and consolidation in a multi-currency environment.
• Lead SEC reporting end-to-end: 10-Q, 10-K, 8-K, proxy/S-4 financial sections, and Section 16 coordination. Manage XBRL tagging, EDGAR filing logistics, and disclosure controls.
• Maintain the technical accounting memo library and write or review memos on revenue recognition (ASC 606, including offtake and tolling structures), leases (ASC 842), share-based compensation (ASC 718), warrants and complex equity instruments (ASC 480/815), business combinations (ASC 805), impairment, and inventory costing.
• Manage the relationship with PCAOB auditor, including planning, PBC fulfillment, interim and year-end fieldwork, and resolution of technical positions.

• Design, document, and operate the internal control over financial reporting (ICFR) environment. Lead SOX readiness in year one and SOX compliance thereafter, coordinating with internal audit (co-source or in-house) and external auditor.
• Maintain entity-level controls, IT general controls in partnership with IT/Systems, and process-level controls across revenue, procure-to-pay, inventory and cost accounting, treasury, payroll, and financial close.
• Own the company's accounting policy manual, delegation of authority, and segregation of duties framework as the organization scales.

• Build and operate accounting for non-US entities as the company expands (current presence in US and Netherlands), including statutory reporting, local GAAP-to-US GAAP reconciliations, and coordination with local accountants, auditors, and tax advisors in each jurisdiction.
• Establish and maintain transfer pricing documentation, intercompany agreements, and intercompany settlement processes in partnership with Tax and Legal.
• Manage FX exposure measurement and reporting in coordination with Treasury; implement hedge accounting (ASC 815) if and when the company adopts a hedging program.
• Stand up VAT/GST, withholding tax, and indirect tax compliance processes for international operations, and oversee local payroll accounting and benefits accruals.
• Evaluate and implement entity structures, banking, and ERP/sub-ledger configurations for new countries of operation; lead the accounting workstream for cross-border M&A or JV transactions as they arise.

• Own cost accounting for a refining/manufacturing environment: standard costs, variance analysis, capitalization of plant costs, inventory valuation (raw black mass, WIP, MHP, lithium carbonate, byproducts), and reconciliation to physical inventory and metal accounts.
• Partner with Operations and Supply Chain on costing models for tolling vs. purchase arrangements, yield and recovery accounting, and margin reporting by product and customer.
• Account for the Trafigura offtake and other commercial arrangements, including price adjustments, quotational period mechanics, provisional and final pricing, and any embedded derivative considerations.

• Own the financial systems roadmap in partnership with the CFO and IT:
  Net Suite, consolidation and reporting tools, equity administration, expense management, AP automation, and tax/transfer pricing tools.
• Continue the Net Suite chart of accounts remediation and class/department/location structure build-out to support segment reporting and international consolidation.
• Drive automation of the close calendar with a target of a 5-business-day…