Financial Controller

Company Description

Founded in 1929 in Auburn, Maine, Maine Oxy is a family-owned distributor specializing in industrial gases and welding supplies. With 24 locations across New England, Florida, and Georgia, the company serves a diverse range of industries with reliable products and expert solutions. Maine Oxy values safety, reliability, collaboration, community, and integrity in all its operations. The company is committed to delivering exceptional service and fostering strong relationships within the communities it serves.

Description

The Financial Controller is responsible for the overall accuracy, integrity, and timeliness of the Company’s financial reporting. This role owns and continuously improves the month-end close process, leads comprehensive financial and operational variance analysis, and ensures full audit readiness across all financial functions.

The Controller will maintain robust internal controls, oversee multi-entity accounting operations, and ensure compliance with GAAP and multi-state regulatory requirements. This individual is highly detail-oriented, process-driven, and capable of leading teams in a fast-paced, multi-location distribution environment.

Essential Duties and Responsibilities

• Own and execute the monthly, quarterly, and annual close processes, ensuring accuracy and timeliness
• Prepare and review consolidated and subsidiary financial statements in accordance with GAAP
• Ensure all balance sheet accounts are reconciled monthly with proper supporting documentation
• Review and approve journal entries and accruals to ensure accuracy and completeness
• Maintain and enforce close calendars, deliverables, and accountability across the accounting team
• Identify and resolve close process bottlenecks, driving efficiency and consistency
• Preforms detailed monthly and quarterly variance analysis (actual vs. budget, forecast, prior period, and prior year.)
• Identify root causes of financial and operational variances, including pricing, volume, cost drivers, and process inefficiencies
• Develop clear, concise, and actionable financial narratives for leadership
• Prepare and deliver financial reporting packages, including KPIs and dashboards
• Lead the planning, preparation and coordination of annual external audits serving as the primary liaison with the auditors
• Ensure audit readiness through accurate documentation, reconciliations, and internal controls
• Oversee compliance with GAAP, internal policies, and multi-state regulatory requirements
• Support tax filings including income, sales & use, and property taxes
• Monitor changes in accounting standards and regulatory requirements, implementing updates as necessary
• Oversee day-to-day operations of General Ledger, Accounts Payable, Accounts Receivable, and Payroll functions
• Ensure accuracy and completeness of all financial transactions and account classifications
• Maintain and optimize the Company’s chart of accounts and financial reporting hierarchy
• Monitor and enforce accounting policies and procedures across all locations
• Monitor working capital metrics, including AR aging, AP cycles, and inventory related financial impacts
• Establish and maintain strong internal controls over financial reporting
• Conduct periodic reviews of control effectiveness, identifying gaps and implementing corrective action
• Ensure standardization of accounting practices and documentation across multiple entities and locations
• Manage and develop accounting, accounts receivable and accounts payable staff
• Establish clear performance expectations, KPIs, and accountability measures
• Provide ongoing coaching, feedback, and formal performance evaluations
• Foster a culture of accuracy, accountability, continuous improvement, and collaboration
• Ensure accuracy, completeness and alignment between ERP systems and financial reporting (including Computers Unlimited TIMS)
• Partner with IT and leadership to implement system enhancements, automation, and reporting improvements.
• Participate in ERP upgrades, integrations, and system implementations.
• Assist the CFO with budgeting and forecasting processes
• Support treasury and cash management activities as needed
• Participate in special projects, including system implementations and acquisitions
• Perform other duties as assigned based on business needs and organizational growth

Qualifications

• Strong knowledge of GAAP financial reporting and internal controls
• Exceptional attention to detail with a commitment to accuracy and completeness
• Advanced analytical and problem-solving skills, particularly in financial and operational variance analysis
• Ability to manage and prioritize multiple deadlines in a fast-paced environment
• Strong organizational and process management capabilities
• Effective communication skills, with the ability to clearly explain financial results
• Proficiency in Microsoft Excel and financial systems

Education and Experience

• Bachelor’s degree in accounting or finance required
• CPA or CPA track strongly preferred
• 7–10 years of progressive accounting experience with increasing responsibility
• 3–5 years in a leadership or supervisory role
• Experience in distribution, manufacturing, or industrial environments strongly preferred
• Experience in multi-entity and multi-state operations is a plus

Physical Requirements

• Regularly required to sit, stand, walk, speak, and hear
• Use of hands for computer and office functions
• Occasionally lift and/or move up to 25 pounds

Benefits

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Employee discount
• Health insurance
• Health savings account
• Life insurance
• Paid Time Off (PTO) 
• Parental leave
• Referral program
• Retirement plan
• Vision insurance