Job description
Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.
Graco’s Industrial Division is a fast-paced, high-performing, and growing business, with global operations and hundreds of millions of dollars in annual sales. Our equipment helps solve some of the world’s most complex manufacturing challenges. Graco technology is used by automotive companies to achieve the highest quality paint finishes; electronics manufacturers rely on our solutions to manage heat inside 5G equipment and gaming consoles; battery producers use our technology to get the extra mile out of electric vehicles; and Graco enables solar panel manufacturers to increase efficiency while reducing footprint, just to name a few applications. Many of our end user customers are household names that are synonymous with technology thought leadership. Graco’s Industrial Team is built for performance, innovation and service within these markets, with Leading Technology and Proven Quality.
Position Overview
The Division Financial Controller is a member of the Division Management Team, reporting to the Division President, and provides financial leadership to the division, including financial analysis, divisional strategy, and facilitating growth initiatives. This position is responsible for optimizing the organization’s financial performance, compliance with management and accounting principles, providing analysis on divisional sales, margins and expenses, and executing and maintaining internal controls in compliance of corporate and SOX requirements. The Division Financial Controller also supervises the division accounting team, including the Division Factory Controller and local accounting functions for North American sites associated with the division, and is responsible for the annual divisional and manufacturing plans. The role is expected to identify, develop and implement recommendations for process improvements, and serves as the division representative that coordinates with corporate finance functions (corporate reporting, cost accounting, tax, treasury, etc.).
The Division Financial Controller is a member of the Division Management Team, reporting to the Division President, and provides financial leadership to the division, including financial analysis, divisional strategy, and facilitating growth initiatives. This position is responsible for optimizing the organization’s financial performance, compliance with management and accounting principles, providing analysis on divisional sales, margins and expenses, and executing and maintaining internal controls in compliance of corporate and SOX requirements. The Division Financial Controller also supervises the division accounting team, including the Division Factory Controller and local accounting functions for North American sites associated with the division, and is responsible for the annual divisional and manufacturing plans. The role is expected to identify, develop and implement recommendations for process improvements, and serves as the division representative that coordinates with corporate finance functions (corporate reporting, cost accounting, tax, treasury, etc.).
Essential Duties
-
Partner with division leaders on divisional strategies through data-driven analysis, decision-making and preparation of financial recommendations, helping to drive sustainable, long-term growth
-
Review and analyze of proposed pricing, rebates commissions and marketing programs; review of effectiveness of the programs and recommendations for improvements
-
Review of customer contracts and agreements; assistance and coordination with corporate accounting for appropriate accounting treatment; recommendations to improve these agreements
-
Works with factory management to ensure that manufacturing transactions and controls are in place and operating effectively
-
Develops divisional operating measurements and reporting to analyze performance, enhance productivity and efficiency and drive simplification efforts
-
Coordination with regional finance functions for implementation of key divisional operating measurements
-
Review capital investment projects and requests; monitor progress in implementation and recommend changes, if appropriate
-
Manage detailed development of sales incentive plans and quotas; prepare periodic detailed reporting on individual progress on quotas and detailed calculation of sales incentives
-
Preparation and recording of monthly journal entries, in coordination with corporate accounting
-
Assist with acquisition due diligence and integration as well as implementation of enterprise information systems
Position Requirements
Education/Certifications
Education/Certifications
-
Bachelor’s degree in accounting or equivalent, MBA a plus
-
Certified Public Accountant (CPA) designation, active or inactive, a plus
Experience
-
7-8 years in Accounting/Finance positions
Skills/Abilities/Competencies
-
Leadership and interpersonal skills
-
Excellent problem solving ability, organized, analytical; able to work with detailed information and provide high level analysis
-
Ability to work independently, working proactively and taking initiative to achieve desired results
-
Excellent oral and written communication skills
-
Strong skills using analytical and report writing software (such as Excel, Cognos tools)
We believe that teamwork, collaboration and the continuation of a strong culture best happens in person, yet we believe strongly in work/life balance. This position is based at Graco’s Industrial Division global headquarters in Northeast Minneapolis. Base salary up to $160k, with incentive package. Relocation available.
Power to Be
At Graco, the Power to Be means providing the support, resources and freedom to pave your own way. Bring your unique attributes to the table, along with a commitment to being your best self, and you can be a part of a culture that rewards effort, celebrates uniqueness, and gives you the tools you need to succeed and become your best, fullest self along the way. Our culture empowers employees to chart their own career path. Our managers provide support and opportunities while offering freedom for employees to find their own Power to Be. Whether you decide to move up within the same department or expand to another cross-functional group, you will gain the well-rounded experience to succeed on your own terms.
Graco has excellent opportunities available to individuals who want to be part of a fast-moving, growing company that is committed to quality, innovation and solving fluid handling problems for our customers. Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco’s comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.
Proven Quality. Leading Technology. Launch your career with Graco!
gatheringourvoice.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, gatheringourvoice.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, gatheringourvoice.org is the ideal place to find your next job.