Corporate Controller, Pavement Preservation Group

The Company

Pavement Preservation Group, Inc. ("PPG" or the "Company") is a leading provider of pavement preservation contracting services to public and private customers. PPG is positioned for robust organic growth and continued execution of its successful M&A playbook. PPG’s Southwest division was acquired by The Sterling Group ("Sterling") in August 2024, and the Vance Brothers division was acquired in November 2024. Since 1982, Sterling has partnered with management teams to grow and build winning businesses in the industrial sector. PPG is a portfolio company held in Sterling’s $2.0B Fund V. Sterling has direct experience in road contracting services through its partnership since 2020 with Frontline Road Safety, LLC, the nation’s largest provider of pavement marking services.

Position Summary

Reporting to the Chief Financial Officer, the Corporate Controller is a key member of the finance organization, responsible for the accuracy and completeness of the financial statements, ensuring consistent accounting policies and procedures are applied across the organization, and management of the financial control process and methodology. They will have significant relevant experience with all areas of financial accounting and controls in addition to relationship management within finance, other operational groups and all business units.

Key Responsibilities

• Responsible for the accuracy and completeness of financial statements by ensuring all key balance sheet accounts are reconciled timely and accurately, ensuring all disposition of reconciling items have been handled appropriately and ensuring sign offs from all accounting staff/managers.
• Responsible for a timely close process including coordinating with each Business Unit including checklists, signoffs, journal entry logs; Develop processes and procedures as required. Also responsible for continuous improvement of the close cycle and closing checklists (Goal to be jointly determined)
• Responsible for preparing a monthly/Quarterly package to CFO including key account reconciliations and identification of any risk areas or assessments.
• Development of effective review process of all account reconciliations, repository and meeting cadence before, during and post close. Full Calendar needs to be developed including pre-close meetings, touch points during close and related deliverables based on closing checklist requirements, P&L reviews at the appropriate time during close and CFO review meetings and integration of FP&A into the P&L review process.
• Lead implementation of Consolidation Reporting Tool.
• Ensure accuracy of T/B loads into Consolidation Reporting Tool and deliverable of Business Unit Financial statements and Consolidating and Consolidated Financial statements including, Income Statements, Balance Sheets and Cash Flow Statement; Ensure GAAP reporting and Management reporting accuracy on a monthly basis.
• Working with CFO develop a Financial Integration Playbook for acquisitions that can be leveraged across new Companies as they are acquired; Responsible for the execution and management of the playbook (along with accounting team members of the acquisition, FP&A and others as appropriate).
• Responsible for multiple locations running disparate ERP systems and establishing consistent accounting standards across the entire eco-system (CFO will support).
• Participate in the accuracy and completeness of Purchase Accounting and related Closing Balance Sheet requirements, Opening Balance Sheet requirements, Net Working Capital True-up as well as tracking of earnouts if any, and working with 3rd party support.
• Directs the accounting, partner accounting, tax, and teams to ensure all financial data is accurate and timely.
• Provide strategic and day-to-day leadership for the function, coordinating activities and managing direct and indirect reports to achieve goals and initiatives
• Key areas of responsibility include audit, consolidations, credit agreement compliance (with CFO), accounting policy, controls environment, closing process (timely, accurate, efficient), revenue accounting (Percentage of Completion method), receipts and disbursements, and ensuring information is provided to a 3rd party tax firm for timely and accurate filings and compliance.
• Direct the timely preparation of all financial reports, including income statement, balance sheet, and cash flow statements.
• Lead the financial integration of acquired entities.
• Responsible for managing the external audit process and ensuring all audits are completed on budget and on time. and monthly close and reporting cycle.
• Evaluate current financial systems, recommend future system design, and lead implementation of new systems (with CFO).
• Lead geographically dispersed divisional controllers.
• Manage and report cash forecast
• Work closely with banks, including consolidation of banking relationships and reporting for credit line availability
  
  

Primary Qualifications

• 10 years of significant demonstrated experience as a strong accountant in a corporate controller context.
• CPA required
• Demonstrated experience managing external audit process, monthly close and reporting cycle (such as monthly close cycle, key account reconciliations, developing closing checklists, closing calendars and other key financial statement controls), reporting and compliance or private equity and debt markets, and development and implementation of an internal controls program.
• Must have track record of success in job performance.
• Acquisition integration and purchase accounting experience.
• A background in public accounting, Big 4 preferred.
• Experience working with private equity-owned businesses, including rigorous reporting requirements (detailed weekly, monthly and quarterly financial statements as well as operational dashboards).
• Experience working for a company or industry that employs a dispersed, large “blue collar” workforce.
• Experience and comfort working in multiple ERP systems, Consolidation and reporting tools (e.g. OneStream); Significant time will be working in and leveraging the Consolidating Reporting Tool.
• Experience with project accounting.
• Combination of entrepreneurial spirit and corporate sophistication; a team player who has the ability to effectively integrate finance into a team of seasoned industry veterans and create a proactive environment to drive results.
• Strong interpersonal and communication skills.
• Experience with cash flow forecasting and cash management a plus.
• Ability to travel
  
  

Personal Attributes

• The successful candidate must bring high level of ethical, intellectual, professional and personal values that complement the team and company culture and:
• Demonstrates ability to work collaboratively with the CFO and Senior Leadership Team to achieve company business plan and goals. Assertive in style and with a bias for action, but respectful of others, and skilled in navigating competing organizational priorities and agendas. Team-oriented with the ability to develop a team and coach others, and earn the respect of other team members
• Executive presence with demonstrated ability to lead change and drive execution. Possess exceptional interpersonal and communication skills needed to effectively share and engage internal stakeholders and business operations with the most relevant data. Must contribute and thrive in a dynamic high paced environment.
• A strategic thinker regarding competitive strategy, business models and financial management
• High energy, self-motivated, and hands-on management style working with all levels of the organization to drive performance and continuous improvement using an analytic and metrics-based approach