Full-Time

Chief Financial Officer

Posted on 7/28/2025

Phoenix Tailings

Phoenix Tailings

51-200 employees

Extracts metals from mining waste.

No salary listed

Burlington, MA, USA

In Person

Category
Finance & Banking (2)
,
Required Skills
Financial Modeling
Requirements
  • Bachelor’s degree in Finance, Accounting, Economics, or a related field; MBA or CPA preferred.
  • Minimum of 15 years of experience in senior financial leadership roles, preferably in clean technology, mining, manufacturing, or related industries.
  • Demonstrated success in fundraising, including experience with equity and debt financing, project financing, and capital markets.
  • Exceptional financial modeling and analytical skills, with the ability to evaluate complex business opportunities and risks.
  • Deep understanding of mergers and acquisitions, capital structures, and corporate finance.
  • Proven ability to navigate high-growth environments and build scalable financial systems and processes.
  • Strong leadership skills with a track record of building and managing high-performing teams.
  • Excellent negotiation, communication, and interpersonal skills, with the ability to engage effectively with investors, stakeholders, and cross-functional teams.
  • Experience in startup or fast-growing organizations, with a demonstrated ability to adapt and excel in dynamic environments is ideal.
  • Familiarity with innovative technologies and sustainability-focused industries.
  • A strong network within the financial community, particularly in capital-intensive industries.
Responsibilities
  • Develop and execute comprehensive financial strategies, including long-term financial planning, capital allocation, and risk management, aligned with the company’s vision and objectives.
  • Serve as a key advisor to the CEO and executive leadership team, providing insights and recommendations on strategic initiatives, growth opportunities, and financial performance.
  • Ensure alignment between financial strategies and business objectives to drive sustainable growth and shareholder value.
  • Lead capital-raising efforts, including equity, debt, and project financing, to support operational expansion and strategic projects.
  • Negotiate complex financial structures such as project financing and equity capital, ensuring optimal terms for the company.
  • Cultivate relationships with banks, investors, and other financial institutions to secure funding and enhance financial flexibility.
  • Oversee all aspects of financial operations, including financial reporting, budgeting, forecasting, and internal controls.
  • Implement and maintain robust financial systems, processes, and controls to ensure data accuracy, compliance, and operational efficiency.
  • Identify, assess, and mitigate financial risks, ensuring the company’s long-term stability and resilience.
  • Ensure compliance with all relevant regulations, accounting standards (e.g., GAAP or IFRS), and tax requirements.
  • Lead the preparation for audits, investor reporting, and regulatory filings, ensuring transparency and accountability.
  • Build, mentor, and lead a high-performing finance team, fostering a culture of collaboration, excellence, and continuous improvement.
Desired Qualifications
  • Experience in startup or fast-growing organizations, with a demonstrated ability to adapt and excel in dynamic environments is ideal.
  • Familiarity with innovative technologies and sustainability-focused industries.

Phoenix Tailings uses a waste-to-resource approach in metals production. It extracts valuable metals and rare earth elements from mining waste instead of mining new ore, using clean energy and zero-waste technology so no waste is produced and hazardous chemicals are avoided. The process enables recovery of metals from existing mining byproducts, with revenue generated from selling the extracted metals and rare earth elements to industries like renewable energy that rely on metals. Compared with traditional metal production, Phoenix Tailings differentiates itself by turning mining waste into a source of metals, reducing environmental impact and improving supply chain sustainability. Its goal is to provide a cleaner, more sustainable metals supply through waste-to-resource processing that minimizes environmental costs.

Company Size

51-200

Company Stage

Series C

Total Funding

$75.4M

Headquarters

Woburn, Massachusetts

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Exeter, NH facility ramps to 400 metric tons annually by Q3 2026, capturing US defense and EV demand.
  • $116.6M Series B funding from Traxys, Sumitomo, and Eni Next accelerates facility expansions and hiring.
  • $1.6M federal grant funds wastewater extraction, diversifying feedstock beyond tailings for circular supply.

What critics are saying

  • China's 90% refining dominance imposes export restrictions, compressing Phoenix margins 40-60% within 12 months.
  • Machinery Partner integration fails if Cazalot or Blair depart, delaying AI yield gains versus Energy Fuels.
  • Exeter production slips past Q3 2026 trigger Nomura debt covenants, forcing asset sales by 2027.

What makes Phoenix Tailings unique

  • Phoenix Tailings uses predictive complexation and electrochemistry to refine rare earths from tailings without toxic waste.
  • Modular, net-zero process powered by renewables produces metals cost-competitively versus China's acid-heavy methods.
  • AI integration from Machinery Partner acquisition optimizes yields and automates refining for domestic supply chains.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Stock Options

Family Planning Benefits

Unlimited Paid Time Off

Professional Development Budget

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

8%

1 year growth

3%

2 year growth

1%
FinSMEs
Feb 20th, 2026
Phoenix Tailings Raises $40.2M in Sereis B-3 Amplification Funding

Phoenix Tailings raises $40.2M in sereis B-3 amplification funding. February 20, 2026 Phoenix Tailings, a Woburn, MA-based rare earth metals production company, raised $40.2M in Series B-3 amplification funding. The round was offered exclusively to existing investors and select strategic partners and consisted of $30.2M in equity led by Olive Tree Capital, Phoenix Tailings' Series A lead investor, and $10M in venture debt from Nomura. The raise brought the total of the Series B funding to $116.6M. The round also added strategic partners including Traxys, Eni Next, and Geodesic Alliance Fund. The company intends to use the funds to expand operations and its development efforts Led by CEO Nicholas Myers, Phoenix Tailings is a rare earth metals production company building a stable, circular rare earth supply chain from tailings to metal. It operates domestic refining facilities in Massachusetts and New Hampshire and produces finished rare earth metals and alloys for global customers. 20/02/2026

MINING.COM
Feb 19th, 2026
Rare earth refiner Phoenix raises $30M with Traxys backing to expand US supply

US rare earth refiner Phoenix Tailings has raised $30.2 million in a Series B round, valuing the company at $360 million. The round was backed by metals trader Traxys North America, which also signed a memorandum of understanding with Phoenix to work towards an offtake agreement for rare earth metals. Other investors include Olive Tree Capital and Geodesic Alliance Fund. The funding will expand Phoenix's facilities that recover key minerals from mining waste, extract additional rare earth elements and support executive hiring. The investment reflects growing efforts to build US critical minerals supply chains independent of China, which controls 60% of global rare earth mining and over 90% of refining capacity. CEO Nick Myers said the round closed quickly due to strong investor interest in rare earths.

Postmedia Network
Feb 18th, 2026
Rare-Earth Refiner Phoenix Gets Traxys Backing to Boost Supply

Rare-earth refiner Phoenix Tailings Inc. has raised $30.2 million from investors, including metals trader Traxys North America LLC, to expand facilities that recove…

Postmedia Network
Dec 4th, 2025
Phoenix Tailings receives $1.6M federal funding to extract critical minerals from wastewater

Phoenix Tailings has been selected to receive $1.6 million in federal funding to develop technology for extracting critical minerals from wastewater. The funding supports the company's strategy to build a circular rare earths supply chain from tailings and non-conventional resources through to finished metal. Phoenix combines flexible extraction and separation technologies with modular metallisation cells to create a scalable platform for domestic critical metal supply. The company operates without reliance on Chinese inputs, equipment or technology, aiming to establish an independent US and allied critical metals ecosystem. The technology is designed to support advanced manufacturing and technology growth by providing reliable access to critical minerals essential for next-generation industries.

Patch
Jul 22nd, 2025
Phoenix Tailings secures $76.4M funding

Phoenix Tailings, a startup based in Woburn, has secured $76 million in funding. The company specializes in extracting valuable metals from mining waste, aligning with the growing interest in sustainable materials.

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