Demo

Financial Controller

Catalycs Value Partners
Kearny, NJ Full Time
POSTED ON 10/3/2024 CLOSED ON 11/24/2024

What are the responsibilities and job description for the Financial Controller position at Catalycs Value Partners?

We are looking to bring on a Corporate Controller to stand up the Finance function of a newly acquired manufacturing company by one of our private equity clients. Reporting to the CFO, the Controller will play a pivotal role in building the financial infrastructure, ensuring that our operations are supported by robust accounting systems, sound financial processes, and actionable insights. The transaction is a carveout of a subsidiary from a larger entity, so there will be a need to participate in separation planning and execution activities post-close.


The role is initially remote, but will be expected to become hybrid after an initial 2-3 month period. As such, candidates should currently be residing within commuting distance to the Kearny, New Jersey area.


Key Responsibilities:

  • Separation Planning and Execution: Play a leading role in the separation of the finance function from the seller entity, including identification of TSAs and system, process, people, and data transitions
  • Finance Function Setup: Develop and implement policies, procedures, and systems to establish the finance function. Design scalable accounting processes and workflows to support future growth and expansion.
  • Accounting Operations: Oversee all aspects of accounting operations, including accounts payable, accounts receivable, general ledger, and payroll. Ensure accuracy, completeness, and compliance with accounting standards and regulatory requirements.
  • Financial Reporting: Design and produce timely and accurate financial reports to provide visibility into the company's financial performance. Establish key performance indicators (KPIs) and dashboards to monitor progress against strategic objectives.
  • Budgeting and Planning: Lead the budgeting and planning process, working closely with department heads to develop financial forecasts and operating budgets. Provide guidance and support to optimize resource allocation and maximize profitability.
  • Internal Controls: Implement robust internal control procedures to safeguard company assets and mitigate financial risks. Establish segregation of duties, authorization protocols, and compliance measures to ensure integrity and transparency in financial operations.
  • Financial Analysis: Conduct in-depth financial analysis to identify trends, opportunities, and risks. Provide actionable insights and recommendations to senior management to support strategic decision-making and drive business growth.
  • Team Building and Development: Recruit, train, and mentor a high-performing finance team to support the company's objectives. Foster a culture of innovation, collaboration, and continuous improvement. Provide coaching and professional development opportunities to empower team members to excel in their roles.


Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field; CPA certification preferred.
  • Minimum of 8 years of progressive experience in accounting and finance, with significant exposure to startup or high-growth environments.
  • Experience in M&A and/or startup environments; strong preference for experience during carveout acquisitions
  • Financial controlling experience at manufacturing organizations
  • Strong understanding of accounting principles and financial reporting requirements
  • Hands-on experience with accounting software and ERP systems; familiarity with cloud-based solutions preferred. Strong preference for candidates who have overseen a transition or an implementation of a new ERP system
  • Excellent leadership and communication skills, with the ability to inspire and motivate teams in a fast-paced and evolving environment.
  • Proven track record of building finance functions from the ground up and driving process improvements.
  • Currently residing within commuting distance to the Kearny, New Jersey area.
  • Permanent US Work Authorization (US Citizenship or Green Card)



Please apply at https://www.catalycs.com/careers/controller/


Disclaimer: Catalycs Value Partners is an Equal Opportunity Employer. As such, we do not discriminate based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.

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