Divisional Financial Strategist

7 days ago


Vergennes, Vermont, United States SunSource Full time

SunSource is a leading value-add industrial distribution company with 200+ locations and 3,000+ employees.

We provide customers with products and solutions within Fluid Power, Fluid Process, Fluid Conveyance, General Industrial Components, and Industrial Service & Repair.

The primary purpose of this position is to develop and implement financial and cash management strategies throughout all functions of the company, ensuring compliance with financial requirements and principles.

This role will be responsible for coordinating all Fluid Power audits, financial analysis of acquisition opportunities, and the annual budget process.

Key Responsibilities:

  • Audit Compliance - Coordinate all audits of the Fluid Power division, including annual external audits, sales and use tax audits, and semi-annual bank audits.
  • Strategic Direction - Develop and implement financial strategies throughout all functions of the Fluid Power division.
  • Tax Compliance - Develop tax liability with PWC Tax and make estimated payments, working on tax planning and cost savings strategies.
  • Risk Management - Coordinate annual general insurance contracts with insurance carriers and be the primary contact on insurance claims.
  • Treasury and Cash Management - Develop and monitor treasury activities with main financial partners, implement cash management strategies, and negotiate lease terms on major capital projects.
  • Financial Reporting - Prepare the monthly financial package for the board of directors and the published annual report, including footnotes.
  • Financial Analysis - Evaluate potential acquisition candidates by performing due diligence and performing high-level analytics on cost and pricing initiatives.
  • Budgeting/Forecasting - Coordinate the annual budgeting process and assist in preparing the board of director's presentation.

Requirements:

  • 4 Year Degree in Accountancy, Business, or Finance
  • MBA and CPA preferred but not required
  • 10+ years in accounting and/or finance role within a corporate organization is required
  • Experience working as a divisional or departmental controller is preferred
  • Proficient skills in Microsoft Office, including Excel, Word, and PowerPoint

SunSource is an Equal Employment Opportunity Employer M/F/V/D. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.


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