Vice President and Controller (Chemical Distributor)

Comp: $180K-$200K + bonus 20-25%

Reports to: President

The company is a specialty chemical distributor, founded in 1950, headquartered in Conshohocken, Pennsylvania. Their focus is to provide innovative products for their customers in the CASE, Plastics, Rubber, Lubricants and Cosmetics industry.  Their team provides expertise and access to solutions to customer problems.

Position Description

The Vice President and Controller is responsible for directing the fiscal functions of the company in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board and in accordance with financial management techniques and practices appropriate within the industry. This role will provide expert counsel to the executive team by providing clear, concise financial information, making sound, educated economic decisions and overseeing other administrative functions including Finance, Supply Chain, Information Technology, Customer Service, Human Resources and Warehouse Operations.

Key Responsibilities

  • Plan, develop, organize, implement, direct and evaluate the organization’s fiscal function and performance.
  • Serve as a strategic partner to the executive team.
  • Assist in development and evaluation of long-range plans, introduction of new strategies and advice on fiscal implications and any regulatory actions.
  • Provide timely and accurate analysis of budgets, financial reports and financial trends in order to assist the executive team in performing their responsibilities.
  • Enhance and/or develop, implement and enforce policies and procedures including a strong internal control environment for the organization by way of systems that will improve the overall operation.
  • Work with various departments on financial issues impacting their performance.
  • Provide strategic financial input and leadership on decision-making issues affecting the Company, e.g., evaluation of potential alliances, acquisitions, investments, and new ventures.
  • Manage bank relationships, including completion of Borrowing Base certificate and covenant compliance.
  • Process payroll and 401K contributions on a weekly basis.
  • Work with health and general insurance brokers on renewals, premiums, and applicable necessary coverage.
  • Lead financial discussion, due diligence, and post-closing on M&A activities.
  • Ensure compliance with Responsible Distribution and other applicable industry standards.
  • Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
  • Be an advisor from the financial perspective on any contracts into which the Company may enter.

Skills

  • Drive to get things done with and through others.
  • Works well under pressure.
  • Ability to understand, quickly react and motivate others to adapt to the changing organization environment.
  • Ability to handle simultaneous projects and responsibilities.
  • Strong commitment to achieving results.
  • Empathetic and stimulating communication style.
  • Sales-oriented focus when evaluating fiscal matters.
  • Solid decision-making and involving key stakeholders in final decisions.
  • Takes initiative.
  • Willingness to assume responsibility for risk.

Qualifications

  • Bachelor’s degree required and 20 years of related financial experience
  • A minimum of 10 years of supervisory experience
  • CPA preferred
  • Experience in chemical industry preferred but not required

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