Financial Controller

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. 

Where You’ll Work – White Knight Fluid Handling Inc., a subsidiary of Graco, Inc.

White Knight was established in 1995 and has consistently developed and manufactured high-quality products. We are a leading supplier of pumps and fluid transfer technology to the semiconductor, Solar Cells, LEDs, flat-panel displays, electronic and industrial markets.

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Job Purpose

The controller provides financial leadership for the business unit and is a member of the management team.  The controller prepares financial analysis and works with management to develop strategy and operating initiatives.  The business unit controller reviews impacts of pricing, marketing programs and customer contracts and agreements, capital investments and provide recommendations to improve the business.  This role is responsible for compliance with company management and accounting policies and coordinates the annual plan and periodic re-projections, including coordination with regional finance functions as necessary.  The controller develops processes to provide analysis and reports on sales, margins and expenses.  The controller assists with implementation of corporate-wide financial and operating measurements and defines and implements operating measurements and reporting to track progress on operating targets and goals.  This role assists in preparation and presentation of reports and materials for operations reviews and takes initiative to identify, develop recommendations and assist in implementation of process improvements.

The business unit controller supervises the accounting staff across all business unit locations and is responsible for completion of annual factory plan and periodic re-projections.  The controller works with factory management to ensure that manufacturing transactions and controls are in place and operating effectively as well as develops factory operating measurements and reporting to manage factory performance and analyze cost of goods sold. The controller also supervises the local accounting functions associated with the business unit, ensuring compliance with management and accounting policies, development and maintenance of internal controls and appropriate coordination with corporate finance functions.  The controller coordinates with corporate finance functions (corporate reporting, cost accounting, tax, treasury) to ensure that timely and accurate reports and analysis are provided, appropriate journal entries are prepared and recorded, and assists with internal and external audits.  The business unit controller assists in development and maintenance of controls over assets, coordinating with corporate finance functions as needed.  This role is responsible for documentation of internal controls and management testing of controls within the business unit.
Additionally, the business unit controller may assist in financial and operating due diligence for acquisition targets, as well as assist in acquisition integration. The role assists in implementation of enterprise information systems as well as completing special projects as assigned.

What You Will Do at Graco 

• Assist in definition of strategies through analysis and discussion and preparation of financial recommendations

• Review and analysis of proposed pricing 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

• Coordination with corporate functions and development of internal controls to implement and maintain appropriate internal controls and compliance with corporate management and accounting policies. Provide input into new or updated policies.

• Documentation of key internal controls and management testing of controls

• Implementation of processes, analysis and reporting to provide both business unit and corporate-wide financial and operating measurements

• Coordination of annual plan and periodic re-projections

• Review factory operating plans and assist in development of departmental rates and standard costs

• Assist in development and maintenance of appropriate controls over assets

• Supervision of business unit accounting functions for all locations associated with the business unit, ensuring compliance with management and accounting policies, internal controls, general ledger maintenance, coordination with corporate finance functions, timely and accurate submission of reporting packages, development of local operating measurements, etc. 

• Coordination with regional finance functions for implementation of key operating measurements

• Coordinate with corporate finance functions (corporate reporting, cost accounting, tax, treasury, accounting services) to ensure that timely and accurate reports and information are provided

• 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

• Manage detailed development and calculation of customer rebates, commissions and similar

• Analysis and reporting on business unit sales, cost of goods sold, margins and expenses

• 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

• Completion of special projects and other duties as assigned

What You Will Bring to Graco

• Bachelor’s degree in accounting or equivalent experience in accounting environment

• 3 years public accounting experience or internal audit

• 5 years experience in accounting in variety of functions

• 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)

Applicants must be legally authorized to work in the United States. This role is not eligible for immigration sponsorship now or in the future (e.g., H-1B, TN, F-1 OPT).

At Graco, you truly make a difference. Your unique talents contribute to our organizational growth and future. Not only do you make a difference, but Graco’s culture empowers employees to create their own career path. Whether you choose to advance within your current department or explore new opportunities in different divisions, you have the ability to build your future. Our managers are here to provide support and guidance as you continue to grow within your career.

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.

Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit http://www.e-verify.gov/.

The base pay range for this position is listed below, exclusive of fringe benefits or other compensation.  If you are hired, your final base hourly rate will be determined based on factors such as geographic location, skills, competencies, education, and/or experience.  In addition to those factors, we will also consider internal equity of our current employees.  Please keep in mind that the range provided is the full base salary range for the role.  Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.