Compensation: $250,000 Base Salary + Bonus Potential (DOE)
Reports To: Chief Financial Officer (CFO)
About the Role
A large, established electrical distribution company is seeking an accomplished Vice President of Finance & Controller to provide executive-level financial leadership while maintaining strong oversight of the organization's accounting and financial operations.
This is a high-impact leadership opportunity for a finance executive who combines strong technical accounting expertise with strategic financial planning, operational business acumen, and a proven ability to improve profitability and financial performance.
Reporting directly to the CFO, this individual will play a critical role in strengthening the company's financial infrastructure, optimizing working capital, improving financial visibility, and supporting continued growth across a multi-location distribution environment.
The ideal candidate is a hands-on financial leader who can operate both strategically and tactically - someone equally comfortable advising executive leadership on financial strategy and working directly with accounting, purchasing, inventory, and branch operations to improve business performance.
Key Responsibilities
Executive Financial Leadership & Strategy
- Partner closely with the CFO and executive leadership to develop and execute financial strategies supporting organizational growth and profitability.
- Provide financial analysis, recommendations, and insights to support strategic business decisions, operational investments, and expansion initiatives.
- Lead financial planning and analysis, including annual budgets, rolling forecasts, financial modeling, and scenario planning.
- Evaluate business performance, identify financial risks and opportunities, and recommend actionable improvements.
- Establish financial KPIs and reporting frameworks that drive accountability across the organization.
- Support long-term financial planning, capital investment decisions, and strategic initiatives.
- Provide executive oversight of all accounting operations, financial reporting, and controllership functions.
- Ensure accurate and timely monthly, quarterly, and annual financial close processes.
- Oversee financial statements, general ledger, accounts payable, accounts receivable, payroll accounting, fixed assets, and inventory accounting.
- Strengthen internal controls, accounting policies, financial governance, and compliance procedures.
- Ensure compliance with GAAP, regulatory requirements, and company policies.
- Coordinate with external auditors, tax advisors, financial institutions, and other professional partners.
- Improve reporting accuracy, financial transparency, and the effectiveness of accounting operations.
Operational Finance, Inventory & Profitability
- Partner with Operations, Purchasing, and executive leadership to improve financial performance across multiple distribution branches.
- Develop financial strategies to optimize inventory investment, inventory turns, and working capital.
- Monitor and analyze aged inventory, slow-moving and obsolete stock, and Days Inventory Outstanding (DIO).
- Evaluate gross margins, purchasing performance, operating expenses, and branch-level profitability.
- Identify opportunities to improve cash conversion, reduce financial inefficiencies, and strengthen return on invested capital.
- Provide financial guidance to operational leaders to support pricing, purchasing, inventory management, and resource allocation decisions.
- Develop meaningful financial and operational dashboards that support data-driven decision-making.
Cash Flow & Working Capital Management
- Lead cash flow forecasting and working capital analysis.
- Evaluate accounts receivable, accounts payable, and inventory performance to identify opportunities to improve liquidity.
- Partner with leadership to establish strategies that improve cash conversion and strengthen the company's financial position.
- Support banking relationships, financing requirements, and capital planning in coordination with the CFO.
Systems, Process Improvement & Leadership
- Identify opportunities to improve and automate financial reporting, accounting workflows, and ERP processes.
- Develop scalable financial systems and processes to support business growth and operational complexity.
- Lead, mentor, and develop accounting and finance personnel while building a culture of accountability and continuous improvement.
- Establish clear performance expectations and strengthen collaboration between Finance, Operations, Purchasing, and branch leadership.
- Support organizational change initiatives and financial process standardization across multiple locations.
Qualifications
Required Qualifications
- Bachelor's degree in accounting, Finance, or a related field.
- 12-15+ years of progressive accounting and finance experience, including significant senior leadership responsibility.
- Previous experience as a Vice President of Finance, Corporate Controller, Senior Controller, Finance Director, or comparable financial executive.
- Strong command of GAAP, financial reporting, internal controls, budgeting, forecasting, and cash flow management.
- Demonstrated ability to lead both accounting operations and strategic financial planning.
- Experience in distribution, wholesale, manufacturing, or another inventory-intensive, multi-location business environment.
- Strong understanding of inventory accounting, cost management, gross margins, working capital, and operational profitability.
- Proven success implementing financial process improvements, reporting enhancements, and scalable internal controls.
- Experience with ERP systems, financial reporting platforms, and advanced Excel-based financial analysis.
- Strong executive communication skills and the ability to translate complex financial information into actionable business recommendations.
- Proven ability to lead, mentor, and develop accounting and finance teams.
- Willingness to remain hands-on and actively involved in financial and operational challenges.
Preferred Qualifications
- CPA or CMA designation.
- Experience in electrical distribution, industrial distribution, or related wholesale markets.
- Experience supporting a multi-branch organization with significant inventory investment.
- Experience with ERP implementations, integrations, financial automation, or business intelligence tools.
- Demonstrated experience improving working capital, inventory performance, cash conversion, and branch-level profitability.
- Experience partnering directly with a CFO, CEO, President, or ownership group on financial strategy.
What Success Looks Like
- Accurate, timely, and reliable financial reporting across the organization.
- Improved visibility into branch-level financial and operational performance.
- Stronger cash flow forecasting and working capital management.
- Measurable improvements in inventory efficiency, margin performance, and financial accountability.
- A scalable accounting and finance infrastructure capable of supporting continued expansion.
- Strong internal controls, financial governance, and audit readiness.
- A high-performing accounting and finance team with clear ownership and accountability.
- A trusted partnership with the CFO and executive leadership that supports sound financial decision-making.
Why Join
- Executive-level leadership opportunity within a large, established electrical distribution organization.
- Direct partnership with the CFO and senior executive leadership.
- Meaningful influence over financial strategy, operational performance, and long-term growth.
- Opportunity to modernize financial processes, strengthen financial infrastructure, and drive measurable business improvements.
- Collaborative, entrepreneurial, and fast-paced environment.
- Competitive executive compensation package, including a $250,000 base salary, bonus potential, and benefits.