Cyclic MaterialsVerified Job Source

Capital Procurement Specialist

Toronto, ON
On-site
Posted Aug 21, 2026
1 position

$72,000–$95,000 / year

Opens an external site

Employment type: Full-time
Experience level: Senior · 7+ years
Posting language: English
Working hours: 40 hours per week

Job summary

The Capital Procurement Specialist leads the sourcing and procurement of major capital equipment and engineered systems for expansion projects. This role involves negotiating commercial agreements, managing vendor relationships, and collaborating with engineering and project management teams to ensure project success.

Job details

Cyclic Materials is building a resilient circular supply chain for rare earth elements and other critical materials. Through our fully integrated proprietary technology platform, we recover rare earths from end-of-life products and transform them into high-purity materials used to produce new permanent magnets. These magnets are critical to the modern economy, underpinning AI, automotive, e-mobility, electronics, semiconductor, energy, defense, and other advanced manufacturing sectors. Founded in 2021, Cyclic Materials has rapidly become a category leader in rare earth recovery, achieving commercial operations in less than five years. We currently operate facilities in Ontario and Arizona, with further expansion underway in South Carolina. Backed by investment accounts advised by T. Rowe Price Associates, Inc., alongside strategic investors including Microsoft, Amazon, Hitachi Ventures, BMW i Ventures, Jaguar Land Rover’s InMotion fund, Energy Impact Partners, ArcTern Ventures, and Fifth Wall, we are scaling quickly and building the industrial backbone required to meet growing global demand for a secure and sustainable supply of rare earths. We have established an extensive and growing network of commercial partnerships with global industry leaders such as Solvay, Vattenfall, Lime, and VACUUMSCHMELZE, enabling the rapid deployment of recycled rare earth materials into real-world supply chains. Joining Cyclic Materials means tackling complex and exciting challenges at scale alongside a team committed to strong execution and measurable impact. If you are motivated by building critical infrastructure and advancing the circular economy, join us and help accelerate the growth of rare earth recycling. Position Overview The Capital Procurement Specialist is responsible for leading the commercial sourcing and procurement of major capital equipment, engineered systems, and project services supporting Cyclic Materials' expansion projects. This individual will work closely with Engineering, Project Management, Operations, and vendors to develop sourcing strategies, execute competitive bid processes, negotiate commercial agreements, and ensure successful delivery of critical project packages. Beyond executing procurement activities, this role will help build and mature Cyclic's Capital Procurement function by contributing to new processes, standards, vendor strategies, and best practices. Responsibilities Strategic Procurement * Lead sourcing activities for complex capital equipment and engineered packages. * Develop procurement strategies aligned with project schedules and commercial objectives. * Execute RFQs, bid evaluations, negotiations, and vendor recommendations. * Negotiate pricing, commercial terms, warranties, payment milestones, and contractual risk. Project Support * Work closely with Engineering during equipment specification development. * Participate in package strategy reviews. * Support project schedules by identifying procurement risks and mitigation plans. * Coordinate with Project Managers to ensure procurement milestones are achieved. Vendor Management * Develop strategic relationships with OEMs, fabricators, engineering firms, and critical vendors. * Evaluate vendor capabilities and performance. * Support vendor development initiatives. Commercial Excellence * Prepare commercial evaluations and award recommendations. * Drive cost savings and value engineering opportunities. * Ensure compliance with procurement policies and approval authorities. Process Development * Help establish standardized procurement processes. * Develop templates, playbooks, sourcing strategies, and lessons learned. * Contribute to ERP and procurement system improvements. * Help define key procurement metrics and reporting. Qualifications * Experience procuring engineered equipment or industrial projects * 7+ years of capital procurement experience * Strong commercial negotiation skills * Experience working with Engineering and Project Management teams * Excellent analytical and communication skills * EPC, manufacturing, mining, recycling, chemical processing, metals, or heavy industrial experience * Familiarity with ERP systems (D365 preferred) * Contract negotiation experience * International sourcing experience The successful candidate will: * Think strategically while executing tactically. * Thrive in an evolving environment. * Enjoy building new processes. * Influence without formal authority. * Be comfortable making decisions with incomplete information. * Take ownership of outcomes. * Build strong cross-functional relationships. Pay Range $72,000—$95,000 CAD Why You Will Love Cyclic Materials * At Cyclic Materials, we're dedicated to supporting our workforce on their unique career journey * We offer a competitive compensation package including Health and Dental coverage, RRSP (Canada)/ 401K (USA) contributions and a generous paid time off program that lets you recharge * We value diversity and are committed to maintaining a workplace where everyone is respected and recognized for their contributions The base compensation offered is determined based on the successful candidate’s relevant experience, skills, and competencies and considers internal equity. As an Equal Opportunity employer, Cyclic Materials is committed to fostering an inclusive workplace where all individuals have an opportunity to succeed. If you require accommodation at any stage of the interview process, please email HumanResources@cyclicmaterials.earth [HumanResources@cyclicmaterials.earth]. Applicants for roles in Canada or the United States must be authorized to work in the applicable country without current or future sponsorship from Cyclic Materials, including for an H1-B visa, F-1 visa (OPT), TN, L1-A visa, or any other non-immigrant status. To all applicants, your interest and effort are sincerely appreciated. While we thank everyone for their application, only those selected for an interview will be contacted.

What you’ll do

Requirements

Candidates must have at least 7 years of experience in capital procurement for industrial or engineering projects. Strong negotiation skills and proficiency with ERP systems are required, along with the ability to work effectively in a cross-functional environment.