Job Description

Job Description

Job Description

Who We Are

Formerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading ecommerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways – driving improved performance, productivity, reliability, and sustainability. To learn more, visit 

Formerra leads in the market with the following key capabilities:

• Problem-solving mindset, based on ingenuity and backed by a skilled and experienced commercial team that brings differentiated insights across markets including healthcare, consumer, industrial and mobility
• Expansive material portfolio, including engineering thermoplastics and traditional polymers across leading material brands
• Integrated, long-standing relationships with leading, global suppliers
• Unparalleled and highly specialized technical, processing, and design support
• Regulatory-compliant material support and expertise

Position Overview:

The Corporate Controller oversees consolidated financial statement preparation process, global accounting policies and reporting procedures. Provides leadership to global accounting team and performs ad-hoc management reporting and analysis as required by senior management group and the various functions. Works with auditors, maintains internal control compliance and manages department budgets. Additionally, this role acts as a key business partner to various functional teams and senior leadership, ensuring the financial strategy aligns with the overall business objectives.

Essential Duties and Responsibilities:

Management of Global Accounting Teams:

• Manages the corporate team (accounting, AR and AP) as well as accounting teams in Mexico and Ireland. Each region has a controller leading the local accounting who then reports to this role.
• Ensures alignment and integration of accounting policies across regions to drive consistency in reporting and compliance

Leadership and Team Development:

• Direct reports include corporate team of an accounting manager, AP manager, and AR manager, as well as Regional Controllers in Mexico and Ireland.
• Cultivates a high-performing, collaborative team culture across regions, focusing on developing talent and cross-functional collaboration.

Cross-function Business Partnering:

• Partners closely with the Director of FP&A, Global Senior Manager Treasurer and Global Tax Director, collaborating on consolidated management reporting, including the Board of Directors, budgeting, forecasting of costs, cash flow forecasts and information required for tax provisions and compliance.
• Works with business leaders to provide financial insights that inform strategic decisions, ensuring financial objectives align with overall business strategy.

Implementation of Accounting Standards & Policy:

• Oversees the implementation of new accounting pronouncements and reviews unusual transactions for appropriate accounting and disclosure.
• Provides advisory support to senior management and other functional leaders on the impact of accounting changes to business operations and financial results.

Statutory Reporting & Compliance:

• Oversees statutory reporting requirements and government compliance reporting across regions, ensuring timely and accurate submissions to regulatory bodies.
• Partners with tax and legal teams to ensure compliance with evolving tax laws and global regulatory standards.

Integration of Corporate and Regional Accounting Operations:

• Oversees the activities of the Corporate Accounting Department (general ledger, accounts payable and accounts receivable) for integration of all accounting issues and services, including the accurate and timely financial statement production, billing and account statement production and disclosures, specifically related to the U.S., Canada and Puerto Rico entities as well as corporate entries, consolidation entries and coordination on intercompany with other countries.

System and Control Enhancement:

• Establishes and maintains robust systems and controls to verify all systems, process, and data, enhance the Company's value.
• Works with IT and other business units to streamline accounting processes and improve system automation for better accuracy and efficiency.

Reserve and Valuation Oversight:

• Review and assessment of valuation reserves (e.g. accounts receivable and inventory) environmental reserves, restructuring, incentive compensation, workers' compensation, self-insurance reserves and asset impairments (e.g., goodwill and intangibles).
• Collaborates with functional leaders to ensure adequate reserves are recorded for risks and contingencies, with clear communication to leadership on the impacts to the business.

Equity Transactions & Stock Compensation:

• Leads the accounting for equity transactions, stock compensation and re-purchase accounting.
• Provides strategic advice to senior management on the financial implications of equity-based compensation and other related transactions.

Qualifications:

Education Requirements:

• Bachelor's degree in accounting or related field

Experience Requirements:

• 10+ years' experience in accounting, financial management, financial systems, financial reporting, financial principles, financial analysis, accounting, budget management, strategic planning, and managing direct reports.
• SAP and One Stream experience, beneficial but not required.
• Strong internal customer orientation and customer centricity.
• Demonstrated continuous improvement focus.
• Excellent oral and written communication skills.
• Flexibility to handle changing requirements and multiple projects.
• Excellent time management skills with a proven ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Strong communication skills with team, peers, CFO and leadership team.
• Ability to prioritize tasks and to delegate when appropriate.
• Ability to function well in a fast-paced and dynamic environment.
• Proficient with Microsoft Office Suite or related software.

Work Environment:

• Physical Requirements & Work Setting:
• Hybrid Schedule: A mix of office and remote work, reporting into the Cleveland office (required 3 days in the office with the team, usually Tuesday through Thursday, though the office is available and open 5 days a week)
• Physical Requirements: Requires remaining in a stationary position for prolonged periods of time, and frequent communication. Must be able to operate computer and other office equipment.
• Setting: Typical work is in the office environment where the noise level is low to moderate.

Disclaimers:

• Legal authorization to work in the US is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.
• The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
• It is the policy of Formerra that all employees are employed at the will of Formerra for an indefinite period and are subject to termination at any time, for any reason, with or without cause or notice. At the same time, employees may terminate their employment at any time and for any reason.
• Equal Opportunity Employer. All qualified candidates will receive consideration for employment and will not be discriminated against based on race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, pregnancy, genetic information, creed, citizenship status, marital status or any other consideration prohibited by law or contract.
• NOTICE: Formerra is committed to ensuring a fair and legitimate recruitment process. We want to alert job applicants to the potential risk of recruitment scams and encourage caution when responding to unsolicited job postings or communications. If you receive a job offer without having explicitly applied through our website or a legitimate job board, please be wary. We will never request sensitive personal information—such as your Social Security number, birth date, or banking details—via email. If you are uncertain about the legitimacy of a job posting or communication, please contact us directly at careers@formerra.com.

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