Assistant Controller
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About the role
Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life. This role is currently based at our Minneapolis office and will transition to our new headquarters in Dayton, MN, in 2027. Assistant Controller The Assistant Controller leads Graco's global accounting, internal controls and financial reporting activities. This position is accountable for core accounting, external reporting, and consolidation-ensuring accurate, timely financial results and a strong control environment. The individual in this position partners across the Finance function to drive alignment and resolve complex accounting matters while establishing consistent accounting standards, scalable processes, and disciplined controls across Graco. Additionally, this position leads efforts to standardize accounting processes and improve data consistency, including chart of accounts alignment and accounting and financial reporting requirements within business-led ERP initiatives, while partnering with operations and supply chain to improve cost visibility and inventory accuracy. What you will do at Graco Financial Reporting & Close - Lead the monthly, quarterly, and annual close processes, ensuring accuracy and timeliness - Lead consolidation of financial results, including preparation of consolidated financial statements and disclosures - Oversee external financial reporting, including SEC filings and regulatory requirements - Lead technical accounting for complex transactions and ensure appropriate application of GAAP and disclosure requirements - Manage accounting policies, including monitoring new pronouncements and implementing updates; communicate implications to the Audit Committee - Ensure the integrity, consistency, and transparency of financial results across the organization - Support preparation of financial materials for executive leadership and Board of Directors - Communicate key accounting matters and implications to senior leadership - Establish and monitor key performance indicators (KPIs) to improve close efficiency, reporting quality, and process effectiveness Controls, Compliance & Audit - Establish and maintain a strong internal control environment - Lead global SOX compliance efforts and ensure effectiveness of internal controls over financial reporting - Ensure compliance with financial, regulatory and audit requirements - Lead internal and external audit activities, including coordination, execution and remediation efforts - Partner with internal and external auditors to ensure timely and effective completion of audits Cost Accounting & Inventory - Provide oversight of cost accounting and ensure accurate inventory valuation and cost of goods sold to support reliable financial results and margin performance - Partner with Operations & Supply Chain finance team to improve cost visibility and margin performance - Ensure alignment between cost accounting, inventory valuation and external financial reporting - Drive consistency in cost accounting practices across the organization to support accurate reporting and business decision-making Accounting Operations & Process Improvement - Scale and standardize accounting processes to support a consistent and efficient global operating model - Drive simplification and automation of accounting processes - Improve data integrity, documentation standards, and reporting consistency across the organization - Strengthen accounting and control processes in partnership with finance and business teams to improve operational effectiveness - Lead continuous improvement initiatives to enhance efficiency, scalability, and quality of accounting operations Accounting Transformation & Standards - Support acquisition due diligence and lead accounting integration efforts, including purchase accounting and required financial reporting - Lead standardization of global accounting processes, chart of accounts, and reporting structures to enable consistent financial reporting - Ensure accounting requirements are proactively embedded in ERP and broader enterprise initiatives to maintain financial integrity and control - Support design and implementation of future-state accounting processes aligned to system and data changes - Improve data consistency, documentation standards, and reporting integrity across the organization - Partner with Tax, Treasury, Legal, HR, and operations teams to align accounting and reporting requirements Team Leadership and Financial Management - Lead, mentor, manage and staff a team of Accounting & Reporting leaders, ensuring alignment with organizational goals and promoting
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