Vice President, Corporate Controller

SUMMARY: The Vice President, Corporate Controller, will lead the accounting and financial reporting functions for MultiTech; operating in a fast-paced, growth-oriented private equity-owned environment. This role is accountable for ensuring accurate financial statements, strong internal controls, timely month-end close, cost accounting, inventory accuracy, margin analysis, and operational financial support. As a hands-on finance leader who can balance day-to-day accounting execution with strategic financial analysis to support profitability, operational performance, and business growth, this role will work closely with operations, supply chain, purchasing, quality, and executive leadership.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Financial Reporting and Month-End Close

Lead the monthly, quarterly, and annual close process for the corporation. Prepare and review financial statements, journal entries, account reconciliations, accruals, and supporting schedules. Ensure financial results are reported accurately, timely, and in accordance with company policies and GAAP. Analyze monthly financial results and explain variances to budget, forecast, and prior periods. Prepare financial reporting packages for executive leadership, ownership, and private equity stakeholders. Maintain the general ledger and ensure proper classification of revenue, expenses, assets, liabilities, and cost of goods sold.

Cash Management, Working Capital, and Financial Operations

Monitor working capital, including inventory, accounts payable, accruals, and other balance sheet accounts. Support cash flow forecasting and provide insight into operating cash requirements. Review accounts payable activity, vendor accruals, prepaid expenses, and fixed asset additions. Partner with procurement and operations to evaluate vendor costs, purchase commitments, and inventory planning. Ensure financial transactions are properly documented, approved, and recorded.

Internal Controls and Compliance

Establish, maintain, and improve internal controls over financial reporting, inventory, purchasing, payroll, accounts payable, and fixed assets. Ensure compliance with company policies, accounting standards, audit requirements, and private equity reporting expectations. Support external audits, internal reviews, lender reporting, tax requests, and other financial compliance matters. Identify control gaps and implement corrective actions, improving accuracy, accountability, and process discipline. Ensure appropriate segregation of duties and approval controls across accounting and finance processes.

Leadership and Cross-Functional Partnership

Lead, coach, and develop accounting and finance team members. Partner closely with operations, supply chain, product, procurement, quality, sales, HR, and corporate finance. Serve as a financial advisor to executive leadership by providing accurate data, analysis, and recommendations. Support a culture of accountability, continuous improvement, transparency, and financial discipline. Communicate financial results and business drivers clearly to both financial and non-financial stakeholders.

Manufacturing Accounting and Cost Control

Oversee cost accounting activities, including standard costing, product costing, bill of material review, labor and overhead rates, and cost variance analysis. Partner with operations to monitor manufacturing costs, production yields, labor efficiency, material usage, waste, and overhead absorption. Analyze gross margin, product profitability, production variances, and inventory adjustments. Support new product costing, commercialization analysis, and pricing decisions. Review and validate inventory valuation, reserves, cycle counts, and physical inventory results. Identify opportunities to improve cost controls, reduce waste, and strengthen operational profitability.

Reporting and Value Creation

Provide timely and accurate information related to EBITDA, margin performance, cost savings, working capital, and operational improvement initiatives. Assist in identifying value creation opportunities through improved controls, cost reductions, productivity gains, and enhanced reporting. Support due diligence, refinancing, acquisition integration, or other special projects as needed.

QUALIFICATION REQUIREMENTS:

EDUCATION AND/OR EXPERIENCE:

Bachelor’s degree in accounting, finance, business administration, or a related field required. CPA required. CMA or MBA preferred. 15+ years of progressive accounting and/or finance experience, to include manufacturing and plant controller experience, required. Experience with Private Equity-owned environment preferred. 5+ years of direct leadership experience with proven ability to scale function/discipline rapidly.

Strong knowledge of GAAP, internal controls, manufacturing cost accounting, inventory accounting and control, and financial reporting required. Strong ERP, financial reporting, and exceptional Excel skills required.

Ability to analyze financial results and explain business drivers clearly. Strong understanding of gross margin, COGS, labor, overhead, and production variances. High attention to detail and accuracy. Strong sense of urgency and ability to meet tight deadlines. Drives continuous improvement. Strong problem-solving and process improvement mindset. Excellent communication and cross-functional leadership skills. Ability to work hands-on while also providing strategic financial guidance. Ability to operate effectively in a fast-paced environment. High integrity, discretion, and accountability.

PHYSICAL DEMANDS:

Lifting requirements up to 15 pounds. Requires sitting for periods of time and occasional standing.

Requires travel using all modes of transportation. Requires a valid passport.

WORK ENVIRONMENT:

Working conditions are normal for an office environment. Minimal noise. Our Minnesota facility includes a manufacturing environment. Moderate noise level. Machinery operation requires the use of safety equipment to include but not limited to; safety glasses, hearing protection, wrist and shoe straps, and ESD smock. Loose fitting clothing and jewelry are not permitted. No food is allowed in the manufacturing area. No cell phone use allowed in manufacturing area unless approved by management.

EQUIPMENT AND TOOLS USED:

Laptop computer and standard office equipment.