Southern Glazer's - Bolingbrook, IL

posted 3 months ago

Full-time - Executive
Bolingbrook, IL
Merchant Wholesalers, Nondurable Goods

About the position

As the Vice President, Controller at Southern Glazer's Wine & Spirits, you will play a pivotal role in maintaining the organization's financial and accounting systems and controls. This position requires establishing comprehensive financial and accounting policies, procedures, controls, and reporting systems. You will be responsible for collecting, interpreting, and reporting financial data, minimizing bank balances, evaluating and making investments, and directing staff to ensure the financial health of the organization. Your leadership will be crucial in fostering an environment where continuous learning and growth are supported, and where every team member feels respected and heard. In this role, you will analyze financial reports, determine cash flow forecasts, and develop innovative financial strategies to achieve revenue goals. You will assess the financial performance of the division against the business's goals and plans, evaluate financial performance, and generate profit and loss statements. Identifying new market opportunities and developing plans for effective implementation will be key responsibilities, as will proposing several financial options to support business objectives. You will also develop forecasting models to ensure the achievement of revenue, gross profit, and depletion objectives, while identifying financial and competitive risks and developing appropriate action plans. Your additional responsibilities will include leading budget preparation processes and expense management initiatives, performing month- and quarter-end reconciliation and account closing processes, and preparing and distributing monthly financial statements and analytical reviews. You will reconcile assigned balance sheet accounts monthly to identify and resolve outstanding items, analyze designated balance sheet and expense accounts within deadlines, and complete quarterly corporate schedules while managing interim and annual external audit schedules. Furthermore, you will create monthly budget variance analyses and reconcile physical inventory and cycle counts, completing gross profit reconciliations as necessary. Responding to any audit comments or suggestions upon completion of the audit will also be part of your duties, along with performing other tasks as assigned.

Responsibilities

  • Analyze financial reports, determine cash flow forecasts, and develop new financial strategies to achieve revenue goals
  • Assess the financial performance of the division against the business's goals and plans
  • Evaluate financial performance and generate profit and loss statements
  • Identify new market opportunities, and develop plans for effective implementation
  • Propose several financial options to support business objectives
  • Develop forecasting models to ensure the achievement of revenue, gross profit, and depletion objectives
  • Identify financial and competitive risks and develop appropriate action plans
  • Lead budget preparation processes and expense management initiatives
  • Develop accounting control parameters and recommend improvements to current control procedures
  • Perform month- and quarter-end reconciliation and account closing processes
  • Prepare and distribute monthly Financial Statements and Analytical Reviews
  • Reconcile assigned balance sheet accounts monthly to identify and resolve outstanding items
  • Analyze designated balance sheet and expense accounts within deadlines utilizing financial statement reporting tools
  • Complete quarterly corporate schedules, manage interim and annual external audit schedules
  • Create monthly budget variance analysis
  • Reconcile physical inventory and cycle counts and complete gross profit reconciliations
  • Respond to any audit comments or suggestions upon completion of the audit
  • Perform other duties as assigned

Requirements

  • Bachelor's Degree and seven years of experience or equivalent education and related experience
  • Minimum of 10 years of experience in progressive Finance and/or Accounting positions, including 3 years experience managing employees and supervisors
  • Knowledge of Generally Accepted Accounting Principles (GAAP), internal controls, and financial reporting
  • Knowledge in Forecasting, Staffing, Financial Planning and Strategy, Strategic Planning, Financial Diagnosis, Quality Management
  • Proficient in Microsoft Office Suite
  • Strong organization, multi-tasking, and time management skills

Benefits

  • Comprehensive medical and prescription drug coverage
  • Dental and vision plans
  • Tax-saving Flexible Spending Accounts
  • Disability coverage
  • Life insurance plans
  • 401(k) plan
  • Tuition reimbursement
  • Wellness program
  • Parental leave
  • Vacation accrual
  • Paid sick leave
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