Current jobs related to Corporate Controller - Perrysburg - OnPoint Group, LLC

The Company

OnPoint Group, LLC, (“OnPoint”) has built the pre-eminent facility management platform serving the U.S. industrial supply chain's (distributors, manufacturers, wholesalers and retailers) critical assets. Miner and TrueSource, which operate as separate business units (“BUs”), are dock & door focused operations.

• TrueSource provides facility management services via a network of 7,000 plus affiliates to large retail, manufacturing, and distribution companies at facilities within the US. While focused on dock and doors, TrueSource offers a broad portfolio of additional preventative maintenance and emergency break-fix services (e.g., glass repair, material handling, plumbing and professional cleaning) to customers that prefer to outsource.
• Miner is engaged in the installation (via subcontractors) and self-perform servicing and maintenance of warehouse equipment, including but not limited to industrial truck loading dock equipment, waste handling equipment and industrial and residential doors applications.
• Elite Material Handling is engaged in the sale, service and rental of forklifts, warehouse colling and safety equipment.

OnPoint was effectively formed in 2017 following the acquisition of certain businesses by our present majority private equity owner, Harvest Partners LP. Since that date, OnPoint has seen considerable organic and acquisitive growth.

OnPoint was selected as a 2024 US Best Managed Company (an award sponsored by Deloitte and The Wall Street Journal), our fourth consecutive year of recognition.

The Role

The Corporate Controller, in this hands-on role, is responsible for all aspects of reporting, accounting, treasury, and tax for OnPoint. This includes the production of periodic financial reports, maintenance of an adequate system of accounting records, and ensuring that reported results comply with US GAAP. The Corporate Controller will also lead the monthly consolidation process, sales and use tax administration, treasury operations, monthly forecasting of P&L’s and cash, and the annual budget process. The Corporate Controller is also responsible for coordination with third party providers for the completion of the annual financial statement audit and external Federal and State income tax.

The position requires the ability to build effective partnerships internally and externally, across all levels of the organization and will work closely with the broader Finance and Accounting teams, IT, Human Resources, and global leadership team to improve operational efficiency and drive profitable growth, while building out the best Finance and Accounting team in the industry.

Attention to detail, project management, consistent follow-through and being the sounding board of the CFO are critical to the success of this role.

Reports to: Chief Financial Officer

Reporting to Corporate Controller: (i) Assistant Controller (+ Senior Accountant); and (ii) Indirect Tax Manager (+2 tax accountants)

Primary Responsibilities

• Reporting

o Consolidating the results of the subsidiaries and BUs.

o Manage all accounting and reporting activities (e.g., flash, monthly reporting, forecasts, quarterly lender reporting, Harvest specific requests) associated with OnPoint.

o Review and manage subsidiary balance sheets and in particular consolidated allowance for doubtful accounts, inventory allowance, consolidated goodwill and amortization, equity roll-forward and intercompany balances and transactions.

o Reviewing and ensuring the distribution of monthly Corporate departmental income statements compared to department budgets.

o Preparing and collating slides for board and CEO reporting.

o Review method of consolidating historical and forecast results and implement improvements.

• External Audit and Tax

o Serving as a key liaison/coordinator for the external audit and tax advisory relationships.

o Ensuring audited financial statements are issued on a timely basis.

o Preparing audited financial statements.

o Ensuring federal and state income tax returns as well as shareholder K-1’s are issued on a timely basis.

• Accounting Policies and Procedures

o Evaluate the accounting policies, procedures and processes for efficiency, effectiveness and adherence to GAAP.

o Ensures compliance with internal controls, policies and procedures and supervision of financial reporting.

o Partner with and educate BU teams on proper control environment management and accounting policies.

o Recommend and implement improvements to current accounting policies, process and controls.

o Create and maintain documented system of accounting policies and procedures.

o Perform technical accounting research and monitor emerging accounting standards relevant to OnPoint as they evolve prior to issuance, interpret their impact to the Company, and present their status to senior management.

• M&A

o Review due diligence reports of potential acquisitions.

o Review of post close acquisition payments (e.g., hold backs, retention bonuses and earn outs).

o Accounting for acquisitions and divestments.

• Oracle FCCS

o Coordination of maintenance and enhancement of group reporting tool.

o Monthly loading of BUs and Corporate departmental P&L forecasts.

o Yearly loading of BUs and Corporate departmental P&L budgets.

o Serve as key liaison/coordinator for structure modifications with vendor.

• Budget

o Coordinates the annual consolidated budget process.

o Prepares corporate P&L and free cash flow budgets.

• Fixed Assets and Capex

o Coordinate the maintenance of OnPoint’s fixed asset register and adherence to the results by the BUs.

o Reconciliation of fixed assets register to the general ledger.

o Establish and maintain enterprise-wide investment approval processes including capital expenditures.

• Corp

o Responsible for monthly financial reporting, budgets and forecasting.

o Reviewing and authorization of non-recurring costs for OnPoint.

o Review costings of one-off projects e.g., new IT systems

• Treasury

o Oversee all treasury operations.

o Manages and monitors daily/weekly/monthly cash management transactions, reports cash operation activities and executes borrowing/investment transactions on a group basis.

o Monitors and prepares loan covenant compliance reporting.

o Additional responsibilities include assisting in the development of bank relationships, determination of short-term cash to be invested, and anticipation of short-term and medium-term (M&A) borrowing needs.

• Tax

o Manage the indirect tax department (e.g., sales, use, franchise, and property).

o Managing outsourced income tax function to a third party.

o Managing shareholder/partner distributions.

Other duties as assigned

Experience and Qualifications:

• Preference will be given to financial, professionally qualified candidates (e.g., Certified Public Accountant or Certified Management Accountant designations).
• Bachelor’s Degree Required, MBA or Master’s Degree preferred.
• Ten years of demonstrated Finance and Accounting leadership with at least 3 years within a corporate financial role.
• Experienced at consolidations and preparing external audited financial statements.
• Strong GAAP technical knowledge including for accounting for M&A.
• Excellent Excel and good PowerPoint skills.
• Experience in Oracle/FCCS as a reporting tool.
• Deep understanding of financial analysis and reporting, key business metrics, forecasting, and annual budgeting
• Worked in medium to large sized firms (e.g., $500m revenue plus) with geographically distributed, multi-site organization highly desirable.
• PE exposure.
• Ability to thrive in a fast paced, technology driven, service environment.
• Must be results-oriented and demonstrate the ability to work independently and in a team environment as well as to lead and/or participate in cross-functional teams.
• Excellent verbal, analytical, organizational, writing and presentation skills.
• Excellent project management skills including successful leadership of projects from planning phase through completion.
• Experience in service, sales or industrial environments.

Compensation and Benefits

At OnPoint, we believe Our People are what make us great and so we take great care of Our People OnPoint has an industry leading compensation and benefits program to include:

• Base Salary and bonus eligibility of commensurate with experience
• Benefits start on your first day at OnPoint Group, LLC
• 401(k)
• Medical, Dental and Vision Coverage
• Company Paid Life Insurance and Disability Coverage
• Paid Vacation and Holidays

Link to benefits overview: Benefits

Work Environment

The work is performed primarily in an office setting. Occasionally, the person will be required to travel to locations across the country.

OnPoint considers applicants for all positions without regard to race, color, religion, creed, gender, national origin, age, disability, genetic information, marital or veteran status, or any other legally protected status.

*This job description is subject to change at any time.