Job Description

Job Description

Job Description

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:

The Cost Accountant is responsible for performing the Company’s direct and indirect cost absorption processes. Specific focus and attention will be on the Company’s control environment related to the identification and capture of material and labor costs to ensure that all inventory is valued correctly in accordance with the Company’s policies and procedures. The Cost Accountant will assist in developing, implementing, and maintaining systems, procedures, and policies for inventory and costing, to ensure adherence to company guidelines.

Position Responsibilities:

• Review daily and weekly production reports to ensure completeness and accuracy within the SAP system.
• Review and update cost standards for material and labor price changes.
• Prepare the cost of goods sold and production reports.
• Reconcile inventory accounts and roll forward of inventory activities.
• Evaluate the monthly activity rates and standard costing calculations to verify the accuracy of month-end close reporting.
• Monitor variance accounts to ensure correctness, research any discrepancies from standards and determine required changes from items such as PPV.
• Complete monthly analysis on the under/over absorption by department as it relates to the set standards.
• Complete quarterly review and analysis of actual costs and activity rates to determine updated standard cost rates that are needed.
• Implement new costing functionality within SAP for expanding manufacturing departments within the company.

Other Functions:

• Support Company initiatives through design, development and reporting requests.
• Maintain Company compliance and reporting standards.
• Work alongside IT and Operations to create efficiencies in reporting production data into SAP.
• Assist in the set-up and implementation of additional departments, companies, products, and customers within SAP as it relates to the costing function.
• Conduct monthly analysis of COGS compared to forecast for accuracy purposes.
• Continue to drive development and accuracy as it relates to our growing production and manufacturing processes.
• Other duties as assigned.

Basic Qualifications:

• Bachelor’s degree in Accounting/Business Administration required.
• MBA preferred but not required.
• CPA preferred but not required.
• 3+ years of costing and/or manufacturing experience.
• Detail oriented.

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.

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