Divisional Controller - Americas

Malco Group; Annandale (MN); Hybrid; USD 150,000 - 185,000; Full time

Job summary

The Malco Group seeks a Divisional Controller to lead the Americas accounting function from its Annandale, MN base in a hybrid role. You will oversee a team of local controllers, drive the close process, and ensure GAAP compliance across multiple entities with strong internal controls.

Responsibilities include consolidations, intercompany accounting, and collaboration with FP&A for budgeting and forecasting, while integrating acquired brands into unified systems and improving ERP and costing

Qualifications

• Bachelor’s degree in Accounting or related field; CPA strongly preferred.
• 8–12+ years of progressive accounting experience, including 4+ years leading accounting teams.
• Experience with multi-entity close, consolidation, and external audit.
• Strong knowledge of US GAAP, internal controls, and standard cost accounting; public accounting a plus.
• Experience with post-acquisition integration, ERP implementations, or system consolidations.
• Experience in distribution-driven (2-step) business models.
• Proven ability to lead and develop managers and to partner with cross-functional leaders.
• Familiarity with Traction EOS principles and ability to implement them.

Responsibilities

• Lead, develop, and mentor the Americas accounting organization, including two local Business Controllers and their teams.
• Own month-end, quarter-end, and year-end close for all Americas entities, delivering accurate results on a defined close calendar.
• Lead consolidation of Americas results, including intercompany reconciliation and eliminations.
• Deliver timely and accurate actuals reporting to the CFO and to parent company group reporting deadlines.
• Review balance sheet reconciliations, journal entries, and accruals; investigate variances.
• Ensure compliance with US GAAP and group reporting requirements.
• Design, implement, and maintain effective internal controls.
• Coordinate tax compliance with internal teams and external advisors.
• Oversee standard costing, inventory valuation, physical inventory and cycle count processes, and manufacturing variance analysis.
• Partner with Operations and Supply Chain to ensure cost drivers, bills of material, and routings are accurately reflected.
• Lead accounting integration of acquired brands into unified systems, chart of accounts, processes, and reporting.
• Drive ERP optimization, automation, and process improvements to shorten the close and improve data quality.
• Support financial due diligence on accounting matters for potential acquisitions.
• Lead or support special projects assigned by the CFO.

Skills

Leadership

Cross-functional collaboration

People development

Financial analysis

Education

Bachelor’s degree in Accounting or related field

CPA strongly preferred

Job description

• Location 14080 STATE HIGHWAY 55 NW,Annandale, MN, 55302-3457,United States
• Base Pay $150,000.00 - $185,000.00 / Year
• Other Compensation 25% bonus op
• Job Category EXMGR
• Employee Type FT Exempt
• Travel 5%

Description

Role: Divisional Controller – Americas

Reports To: Chief Financial Officer (CFO)

Direct Reports: Local Business Controllers (2) and the Americas accounting team

Location: Hybrid – Annandale, MN

Department: Finance – Accounting

About The Malco Group:

The Malco Group, formed through Aspen Pumps Group’s acquisition of Malco Tools in October 2024, is a leading manufacturer and distributor of high-quality HVACR and building construction solutions. Our portfolio includes trusted brands like Malco Tools, ACE Chemicals, C&D Valve and Veto Pro Pac Bags, delivering innovative tools, condensate pumps, cleaning chemicals, and HVACR system components to trade professionals across North America. Guided by a commitment to excellence, innovation, and sustainability, we empower HVACR professionals with turnkey solutions to enhance efficiency and performance.

Position Overview:

The Malco Group is seeking a hands‑on, people‑focused Divisional Controller to lead the accounting function across the Americas. This role owns the integrity of the division’s books and records, leading the local Business Controllers and the full accounting team to deliver an accurate, timely, and well‑controlled close for every Malco Group entity in the region.

This role is accountable for financial reporting accuracy, a strong internal control environment, GAAP and group reporting compliance, and the cost accounting and inventory practices that underpin margin visibility across the business.

The Divisional Controller will play a critical part in post‑acquisition accounting integration, standardizing accounting policies, processes, and systems across the Malco Group portfolio, and building a scalable accounting organization that supports sustainable, profitable growth.

This role partners closely with FP&A, providing the reliable actuals that drive budgeting, forecasting, and executive reporting.

Key Responsibilities:

• Lead, develop, and mentor the Americas accounting organization, including two local Business Controllers and their teams
• Set clear priorities, performance expectations, and development plans; build bench strength and succession for key roles

Month-End Close & Financial Reporting

• Own the month-end, quarter-end, and year-end close for all Americas entities, delivering accurate results on a defined close calendar
• Lead consolidation of Americas results, including intercompany reconciliation and eliminations
• Deliver timely and accurate actuals reporting to the CFO and to parent company (Aspen Pumps Group) group reporting deadlines
• Review balance sheet reconciliations, journal entries, and accruals; investigate significant variances or unusual activity
• Ensure compliance with US GAAP and group accounting and reporting requirements

Internal Controls, Audit & Tax

• Design, implement, and maintain effective internal controls, including segregation of duties and approval authorities
• Develop, document, and enforce standardized accounting policies and procedures across all Malco Group entities
• Lead the annual external audit and serve as primary point of contact for auditors
• Coordinate tax compliance (income, sales and use, property, and other filings) with internal teams and external advisors
• Oversee standard costing, inventory valuation, physical inventory and cycle count processes, and manufacturing variance analysis
• Partner with Operations and Supply Chain to ensure cost drivers, bills of material, and routings are accurately reflected in the books
• Ensure accurate product costing to support gross margin and product profitability reporting
• Monitor accounting‑related performance metrics including gross margin, inventory turns, reserves, and cost variances

Transactional Accounting & Working Capital

• Oversee accounts payable, accounts receivable, credit and collections, payroll accounting, fixed assets, and cash/bank reconciliation processes
• Monitor working capital balances (receivables, inventory, payables) and drive process improvements that support cash conversion
• Provide accurate cash and working capital data to support FP&A cash flow forecasting

Integration, Systems & Process Improvement

• Lead accounting integration of acquired brands into unified systems, chart of accounts, processes, and reporting
• Drive ERP optimization, automation, and process improvements to shorten the close and improve data quality
• Support financial due diligence on accounting matters for potential acquisitions
• Lead or support special projects assigned by the CFO

Qualifications:

• · Bachelor’s degree in Accounting or related field; CPA strongly preferred
• · 8–12+ years of progressive accounting experience, ideally within manufacturing or distribution, including 4+ years leading accounting teams
• · Demonstrated success managing a multi-entity close, consolidation, and external audit
• · Strong knowledge of US GAAP, internal controls, and standard cost accounting; public accounting experience a plus
• · Experience with post‑acquisition integration, ERP implementations, or system consolidations preferred
• · Experience in distribution‑driven (2-step) business models preferred
• · Proven ability to lead and develop managers and to partner effectively with cross‑functional leaders
• · Familiarity with Traction EOS principles and ability to implement them effectively.

Benefits and Perks:

The Malco Group recognizes the importance of offering comprehensive benefits and perks to its employees, including:

• · 401k with company matching.
• · Company paid life insurance and paid short‑term disability.