What are the responsibilities and job description for the VP Corporate Controller position at WORLDPAC?
About The Company
Worldpac is a leader in the automotive aftermarket distribution industry, delivering premium products and solutions to customers across North America. Our commitment to excellence, innovation, and integrity drives our success and positions us as an industry leader.
Job Purpose
The Vice President, Corporate Controller at Worldpac is a key leadership role responsible for overseeing the organization's core financial operations, including accounting, financial reporting, compliance, internal controls, tax, accounts receivable, and accounts payable functions. Reporting directly to the CFO, the VP Corporate Controller ensures the financial integrity and regulatory compliance of the company while driving continuous improvement in accounting processes and systems. This role manages a large team of managers and staff.
Responsibilities
Accounting, Financial Reporting & Operations
- Oversee all accounting operations, including general ledger, financial statement preparation, and multi-entity consolidations in accordance with US GAAP.
- Lead the month-end, quarter-end, and year-end close processes, ensuring accuracy, timeliness, and compliance.
- Manage and optimize financial systems and processes to support high-volume transactions and business growth.
- Coordinate and manage external audits, ensuring timely resolution of findings and implementation of recommendations.
Internal Controls & Compliance
- Develop, implement, and maintain robust internal controls to safeguard company assets and ensure compliance with Sarbanes-Oxley (SOX) and other regulatory requirements.
- Monitor changes in accounting and financial regulations, ensuring company-wide adherence.
- Establish, review, and update accounting policies and procedures to maintain compliance and operational efficiency.
Tax
- Oversee all aspects of tax compliance, including federal, state, local, and international tax filings.
- Manage relationships with external tax advisors and authorities.
- Ensure timely and accurate tax reporting, remittance, and planning.
Accounts Receivable & Accounts Payable
- Direct the AR and AP functions, ensuring efficient, accurate, and timely processing of high-volume transactions.
- Monitor aging reports, collections, and implement effective credit and vendor management policies.
- Oversee payment processing, reconciliations, and dispute resolution.
Team Leadership & Development
- Build, mentor, and lead a high-performing finance and accounting team, fostering a culture of collaboration, accountability, and continuous improvement.
- Act as a change agent, driving adoption of best practices and new technologies.
Stakeholder Management
- Manage relationships with internal and external stakeholders, building professional credibility and trust.
- Collaborate cross-functionally to support business operations and strategic initiatives.
BEHAVIORAL COMPETENCIES
Financial Integrity & Accountability
- Demonstrates unwavering commitment to accuracy, transparency, and compliance in all accounting, tax, and reporting activities. Holds self and team accountable for meeting deadlines, resolving discrepancies, and maintaining the highest standards of ethical conduct.
Controls & Compliance Orientation
- Proactively develops, implements, and monitors internal controls to safeguard assets and ensure compliance with SOX and other regulatory requirements. Stays current with evolving regulations and drives adherence throughout the organization.
Process Optimization & Continuous Improvement
- Seeks out opportunities to streamline and improve accounting operations, including accounts receivable and payable, tax, and reporting processes. Motivates the team to adopt best practices and integrate improvements into daily work.
Analytical Rigor
- Applies strong analytical skills to interpret complex financial data, identify anomalies, and support effective decision-making. Uses data-driven insights to enhance accuracy and efficiency in financial operations.
Stakeholder Collaboration
- Builds productive relationships with internal and external stakeholders, including auditors, tax authorities, vendors, and business partners. Communicates clearly and professionally to resolve issues and support business objectives.
Team Leadership & Development
- Mentors and develops a high-performing finance and accounting team, fostering a culture of collaboration, accountability, and professional growth. Acts as a change agent, encouraging adoption of new processes and technologies.
Results Orientation
- Plans and prioritizes work to ensure timely completion of accounting cycles, tax filings, and payment processing. Maintains focus on delivering high-quality outcomes that support organizational goals.
Skills
Technical Accounting Expertise
- Deep knowledge of US GAAP, financial reporting standards, and Sarbanes-Oxley (SOX) compliance
- Advanced proficiency in preparing, reviewing, and presenting complex financial statements
- Experience with multi-entity consolidations and intercompany accounting
Internal Controls & Compliance
- Design, implementation, and monitoring of robust internal control frameworks
- Policy development, risk assessment, and remediation of control deficiencies
- Regulatory compliance management across multiple jurisdictions
Tax Management
- Oversight of federal, state, local, and international tax compliance and reporting
- Coordination of tax planning, audits, and relationships with external tax advisors
- Knowledge of indirect taxes, transfer pricing, and tax provision processes
Accounts Receivable & Accounts Payable Operations
- Management of AR and AP processes, including credit policies, collections, vendor management, and payment cycles
- Optimization of working capital and cash flow through effective receivables and payables strategies
- Reconciliation, aging analysis, and dispute resolution
Financial Systems & Process Improvement
- Implementation and integration of ERP and financial systems
- Identification and execution of process automation and efficiency initiatives
- Data integrity management and system controls
Audit & External Reporting
- Coordination of annual audits and timely resolution of audit findings
- Preparation of regulatory filings and disclosures
- Liaison with external auditors and regulatory agencies
Leadership & Communication
- Building, mentoring, and leading high-performing accounting teams
- Clear, concise communication of complex financial information to diverse audiences
- Influencing cross-functional teams and driving change management
Analytical & Problem-Solving Skills
- Advanced financial analysis, anomaly detection, and root cause investigation
- Ability to synthesize large volumes of data for actionable insights
- Strategic thinking with a focus on operational excellence
EDUCATION
- Bachelor's degree in Accounting, Finance, or a related field; CPA designation required, MBA preferred.
Experience
- Minimum of 10 years of progressive experience in accounting and finance, including Controller and Assistant Controller roles
- Background working with Private Equity-owned organizations is preferred.
- Previous experience in public accounting is advantageous.
- Strong technical knowledge of GAAP, SOX, and financial reporting standards.
- Proven experience in managing complex financial operations in a multinational organization in product based industries
- Demonstrated success in leading process improvement initiatives and establishing policies and procedures.
- Strong analytical, problem-solving, and decision-making skills.
- Exceptional communication and interpersonal skills, with the ability to influence and collaborate across all levels of the organization.
Managerial Experience
- Demonstrated ability to lead and develop large teams in a dynamic and fast-paced environment.
Posted Salary Range
USD $202, USD $270,000.00 /Yr.
Salary : $270,000