Subsidiary Controller

JOB SUMMARY

DUTIES & RESPNSIBILITIES

Financial Leadership and Reporting

• Direct and oversee all accounting activities for the subsidiary, ensuring accurate and timely financial reporting.
• Coordinate and manage monthly, quarterly, and annual closing processes.
• Review financial statements, operating results, and key performance indicators for accuracy, reasonableness, and consistency.
• Analyze financial performance and communicate results, trends, risks, and opportunities to subsidiary and corporate leadership.
• Ensure compliance with GAAP and company accounting policies.

Business Partnership and Performance Management

• Partner with subsidiary leadership to develop and execute strategies that improve profitability, cash flow, and return on invested capital.
• Provide financial guidance and decision support related to pricing, customer profitability, inventory management, capital expenditures, and growth initiatives.
• Evaluate financial impacts of operational decisions and recommend actions to improve business performance.
• Participate in strategic planning and long-term business initiatives.

Budgeting and Forecasting

• Lead the annual budgeting process and periodic forecasting activities.
• Develop financial models and business analyses to support management decision-making.
• Monitor performance against budget and forecast and explain significant variances.
• Identify key drivers of financial performance and recommend corrective actions when necessary.

Inventory and Operations Accounting

• Oversee inventory accounting, valuation, reserves, and controls.
• Monitor inventory levels, turnover, obsolescence, and working capital performance.
• Partner with operations and supply chain leadership to improve inventory management and operational efficiency.
• Analyze transportation, warehousing, packaging, and distribution costs and identify opportunities for improvement.

Internal Controls and Compliance

• Maintain and strengthen internal controls, accounting procedures, and financial processes.
• Ensure compliance with company policies, regulatory requirements, and audit standards.
• Coordinate internal and external audit activities for the subsidiary.
• Implement process improvements and system enhancements to increase efficiency and accuracy.

Cash Flow and Working Capital Management

• Monitor subsidiary cash flow, accounts receivable, inventory, and accounts payable performance.
• Develop strategies to improve working capital utilization and cash generation.
• Support treasury and financing initiatives as required.

Leadership and Talent Development

• Lead, supervise, and develop accounting and finance personnel within the subsidiary.
• Establish performance expectations and provide coaching and professional development opportunities.
• Foster collaboration among finance, operations, sales, supply chain, and other functional areas.
• Promote a culture of accountability, continuous improvement, and customer service.

Special Projects

• Support acquisitions, integrations, system implementations, and strategic initiatives.
• Perform special analyses and projects as requested by subsidiary or corporate leadership.
• Perform other duties as assigned.

EDUCATION & EXPERIENCE

• Bachelor's degree in Accounting, Finance, or a related field.
• Seven to ten years of progressive accounting and financial management experience.
• Previous Controller, Assistant Controller, Finance Director, or Corporate Controller experience.
• Certified Public Accountant (CPA) preferred.
• Master of Business Administration (MBA) preferred.
• Experience in manufacturing, chemical distribution, logistics, supply chain, or industrial operations.
• Experience in a diversified, multi-location business environment.
• Experience with inventory-intensive operations and working capital management.
• Experience with ERP systems and business intelligence tools.

KNOWLEDGE, SKILLS, & ABILITIES

• Strong knowledge of GAAP, financial reporting, budgeting, forecasting, and internal controls.
• Experience leading accounting teams and partnering with operational management.
• Strong financial and business acumen.
• Advanced analytical and problem-solving skills.
• Ability to translate financial information into actionable business recommendations.
• Strong leadership and team development capabilities.
• Excellent communication and presentation skills.
• Advanced proficiency in Microsoft Excel and ERP systems.
• Ability to influence decisions across multiple functional areas.
• Strong project management and organizational skills.

PHYSICAL DEMANDS

• Regularly required to sit, stand, walk, use hands and fingers, reach with hands and arms, and communicate verbally and in writing.
• Ability to work for extended periods at a computer and use standard office equipment.
• May occasionally be required to walk through manufacturing, warehouse, distribution, or other operational areas.
• May occasionally be exposed to typical industrial environments, including noise, varying temperatures, and moving equipment, while following all required safety procedures and wearing appropriate personal protective equipment (PPE).
• Ability to occasionally lift, carry, push, or pull materials or equipment weighing up to 25 pounds.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.

WORK ENVIRONMENT

• Primarily an office-based position with regular interaction with subsidiary leadership, corporate personnel, and operational teams.
• May require periodic travel to company facilities, customer locations, or other business locations.
• Work may occasionally be performed in manufacturing, warehouse, or distribution environments where appropriate safety procedures and PPE are required.