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Division Controller

Company: Lowry Rhoads Associates
Location: Fort Wayne
Posted on: January 17, 2022

Job Description:

Our client has a fantastic opportunity for a newly-created Controller role to lead a newly acquired business through rapid growth. Awesome team, growth-related change initiatives, and high visibility!

Our client, Meridian Adhesives Group, a Private-Equity backed leading specialty adhesives manufacturer has recently completed the acquisition of American Sealants, Inc (ASI), a provider of innovative product assembly adhesives and sealants which will serve as the bedrock of their growth in the product assembly market. To help guide this business through its organic and acquisition growth, they seek a strong entrepreneurial and change-management oriented accountant to provide process and financial leadership to this Product Assembly division. While managing the financial administration of the division, the Controller will be a leader and motivator who can lead the process transition from that of a family-owned business into a professional corporate financial function adding value as a strategic partner to operational leadership. The position reports to the Corporate Controller of the parent company (Meridian), with dotted-line reporting to the Division Head.

Meridian Adhesives Group is a rapidly growing full service global adhesive solutions provider. Fueled by 16 acquisitions since its formation in 2018, Meridian has established itself as an adhesive technology leader in the electronics, flooring, infrastructure, and packaging markets with over $400 million in revenue. The ASI business, with its 80 employees and $50 million in annual revenue has a broad product line and technology base through which they will drive further growth in the product assembly market. The ideal Controller candidate to help lead this division through that growth is a change agent with a combination of Public Accounting and manufacturing industry controller backgrounds with strong manufacturing cost accounting knowledge along with experience driving the implementation of new processes and systems including the procedural and human capital elements of ERP implementation.

Oversee the coordination and control of the daily operation of the division's accounting and financial reporting activities
Provide leadership for streamlining and improving business processes
Partner with business leadership to provide transparency for production costs, facility expenses, and profitability through creation of customized reports, dashboards, etc.
Direct and manage the division's business' monthly, quarterly, and annual financial statement closing processes
Lead the division's budgeting process
Manage the accumulation and consolidation of all financial data necessary for an accurate accounting of consolidated business results for the division
Report to the corporate group to facilitate in consolidated and external financial reporting Direct and manage the business' treasury management, any payroll / HR functions, assist in key raw material procurement activities as needed, and tax related reporting
Will help lead the migration of acquired companies' from Sage or other legacy ERPs onto a new ERP system
Design, implement and maintain accounting processes, procedures, and related internal controls
Minimal travel (once or twice quarterly)

Minimum of eight years of accounting experience
Public Accounting experience
Experience as a Controller in a manufacturing company (specialty chemicals is ideal)
Strong corporate reporting experience
Experience working with small-midsize industrial companies, either as a public-accountant to, or an employee for those organizations
A team-player leader, with relationship skills to establish the accounting function as a value-add to operations leadership
Problem-solving and analytical skills are a must; also, must have a thorough understanding of business processes and internal controls
Ability to identify business improvement opportunities and work as a partner with operations, manufacturing, and sales to capitalize on those opportunities
Willingness to wear multiple hats and grow with the company
Solid technical accounting experience
Adept with ERP systems, including their implementation into newly acquired companies

Bachelor's Degree in Accounting is required
CPA is preferred, but not required

Keywords: Lowry Rhoads Associates, Fort Wayne , Division Controller, Accounting, Auditing , Fort Wayne, Indiana

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