Site Controller Fluid Power

Posted Yesterday
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60101, Addison, IL, USA
In-Office
100K-150K Annually
Senior level
Industrial • Manufacturing
The Role
The Site Controller will oversee accounting operations, financial reporting, budgeting, and compliance, ensuring processes meet corporate standards while mentoring the accounting team.
Summary Generated by Built In
Price Engineering, a SunSource company, specializes in engineered custom products and solutions through engineering resource management, research, planning and development in the areas of hydraulics, pneumatics, automation and electrical systems. www.priceeng.com 

Price Engineering is based in Hartland, WI and provides industrial engineered custom solutions for fluid power and motion control, specializing in the integration of hydraulics, pneumatics, automation, electrical systems, lubrication, repair, and other services, providing comprehensive support from concept to implementation.

Price Engineering is a SunSource company, a leading value-added industrial distribution and solutions business with approximately ~$3 billion in annual revenue. The company provides technical fluid power, fluid process, fluid conveyance, industrial flow control, automation solutions and industrial service and repair to a diverse customer base across North America. Backed by a strong private ownership structure, SunSource continues to expand through organic growth and strategic acquisitions.

Position Summary

    The Site Controller will serve as the senior accounting leader for Price Engineering Business and have oversight to sister business with common systems which totals ~$100M in annual revenues. They will be responsible for all aspects of reporting financial results, development of financial statements, lead budgeting and forecasting processes and prepare and analyze monthly financial reports for the business. This leader will be a key business partner to the Business President, and be an integral part of the business and finance leadership teams.  In addition, the person will be a primary liaison to the corporate finance team and support systems integrations, finance best practices, provide audit requirements and adhere to internal controls and compliance.

Overview

    • Ensure a timely and accurate month-end close, lead financial statement preparation, and manage deadlines effectively
    • Lead accounting position for the business with ownership of month-end financial statements including: P&L, balance sheet, cash, variance analysis and management of net working capital
    • Oversight of the financial requirements of sister businesses that share common ERP
    • Act as a partner to the business leaders, cross-functional teams, and accounting team providing monthly/quarterly/annual accounting and financial packets, support of audit requirements, and analytics to drive business growth
    • Collaborate with corporate teams to support systems and shared services initiatives
    • Willing to work through manual processes and multiple systems to support the ability to meet deadlines as well as develop improvements and operational efficiency

Accounting Overviews and Internal Controls

    • Lead the financial reporting and close process for the business and region
    • Manage the general ledger, including key account reconciliations, flux analysis, and variance review
    • Possess a strong foundation in accounts payable/receivable, inventory accounting, and related items
    • Have a strong grasp of accounting framework and application of accounting in a manual environment as transition to next-generation system occurs
    • Maintain and adhere to internal control framework consistent with expectations of broader company
    • Standardize financial processes and reporting across the region under same ERP (P21)

Financial Reporting and Compliance

    • Oversee consolidation process and preparation and accuracy of consolidated financial statements in accordance with U.S. GAAP and all related audit testing and engagements
    • Assist with the preparation of budgets and forecasts, and analyze the operational drivers of variances
    • Assist each of the region businesses with financial analysis, and opportunities to grow the business  
    • Manage commissions and related compensation calculations for the business
    • Ensure timely, accurate, and transparent reporting for internal management, lenders, and ownership stakeholders
    • Standardize accounting policies, procedures, and reporting across entities to ensure

Team Development

    • Build and mentor the accounting team across the businesses on P21 ERP system
    • Willing to teach, develop, and organize the group for success
      • Drive the group to use tools, systems and documentation in more modern form

Professional Qualifications

    • Education: Bachelor’s degree in Accounting or Finance required; CPA, MBA or master’s degree preferred

Experience

    • 10+ years of progressive accounting and finance experience, including at least 3 – 5 years in a previous controller capacity
    • Experience in a private-equity–backed or public company environment of comparable scale ($1B+) with strong accounting background with demonstrated financial analysis expertise
    • Adaptability and comfort working across multiple ERP systems, with ability to adopt new systems
    • Industrial distribution, manufacturing, or multi-location business experience preferred with knowledge of cost accounting in an operational environment

Success Competencies

    • Highly organized: Ability to plan through a month end process, and to adhere to timelines
    • Analytical strength with the ability to understand financial variances and communicate effectively   
    • Ability to work with team members in multiple locations and at varying levels
    • Excellent interpersonal and communication skills with the ability to communicate accounting results in a comprehensive and proactive manner
    • Work effectively across a decentralized, fast-paced organization
    • Hands-on, detailed leader who builds scalable, efficient accounting processes and understands what a good team requires

Systems

    • Advanced proficiency in Microsoft Excel and PowerPoint, with the ability to build dynamic financial models, automate reporting, and develop clear, executive-level presentations
    • Experience with financial consolidation and reporting tools, with OneStream experience strongly preferred
    • Familiarity with ERP systems, including Epicor Prophet 21 (P21), with the ability to navigate multi-entity environments and support system-driven process improvements

Equal Opportunity Employer, including disability and protected veteran status.  If you are an individual with a disability and require an accommodation to complete the application process, please contact [email protected] to request reasonable accommodation. Only requests for accommodation in the application process will be returned from this email address.  This employer uses E-Verify. Please click here for additional information. (For Illinois E-Verify information click hereaquí).   
Sun-Source | Privacy Policy #priceengassc

Skills Required

  • Bachelor's degree in Accounting or Finance
  • CPA, MBA or master's degree
  • 10+ years of progressive accounting and finance experience
  • 3 - 5 years in a controller capacity
  • Experience in a private-equity-backed or public company environment of comparable scale ($1B+)
  • Adaptability and comfort working across multiple ERP systems
  • Industrial distribution, manufacturing, or multi-location business experience
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The Company
HQ: Addison, Illnois
1,861 Employees

What We Do

SunSource, a leader in industrial and mobile fluid power distribution for over 85 years, provides customers with innovative solutions that help reduce maintenance costs, lower operating costs and increase productivity. The solutions are part of the SunSource Advantage: a comprehensive program offering design and engineering support; supply chain optimization; productivity solutions; value-added services; and repair capabilities. As a national distributor with local presence, SunSource has a unique and dominant position as a full-service resource for the industrial, OEM, MRO and mobile industrial equipment industries. We distribute a broad range of components, but SunSource is much more than a distributor just supplying fluid power components or systems. Along with high-quality products, we provide a commitment to high-quality customer service and technically sound, cost-effective solutions. SunSource’s history of accomplishment and continued growth means that we give the best condition to energetic, driven people to be effective in their role. We pride ourselves on a culture that provides opportunities for development and advancement of our associates. In addition, we build meaningful relations with our customers, suppliers and internal associates. We are all bound by a pledge to a common mission toward providing the highest quality products and services within our industry and achieving the company’s growth objectives

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