Divisional Controller - Americas

Role: Divisional Controller – Americas Company: Malco Group Reports To: Chief Financial Officer (CFO) Direct Reports: Local Business Controllers (2) and the Americas accounting team Location: Hybrid – Annandale, MN Department: Finance – Accounting About The Malco Group: The Malco Group, formed through Aspen Pumps Group’s acquisition of Malco Tools in October 2024, is a leading manufacturer and distributor of high-quality HVACR and building construction solutions. Our portfolio includes trusted brands like Malco Tools, ACE Chemicals, C&D Valve and Veto Pro Pac Bags, delivering innovative tools, condensate pumps, cleaning chemicals, and HVACR system components to trade professionals across North America. Guided by a commitment to excellence, innovation, and sustainability, we empower HVACR professionals with turnkey solutions to enhance efficiency and performance. Position Overview: The Malco Group is seeking a hands-on, people-focused Divisional Controller to lead the accounting function across the Americas. This role owns the integrity of the division’s books and records, leading the local Business Controllers and the full accounting team to deliver an accurate, timely, and well-controlled close for every Malco Group entity in the region. This role is accountable for financial reporting accuracy, a strong internal control environment, GAAP and group reporting compliance, and the cost accounting and inventory practices that underpin margin visibility across the business. The Divisional Controller will play a critical part in post-acquisition accounting integration, standardizing accounting policies, processes, and systems across the Malco Group portfolio, and building a scalable accounting organization that supports sustainable, profitable growth. This role partners closely with FP&A, providing the reliable actuals that drive budgeting, forecasting, and executive reporting. Key Responsibilities: Accounting Leadership & Team Development Lead, develop, and mentor the Americas accounting organization, including two local Business Controllers and their teams Set clear priorities, performance expectations, and development plans; build bench strength and succession for key roles Create a consistent, scalable accounting operating model across all Americas entities Month-End Close & Financial Reporting Own the month-end, quarter-end, and year-end close for all Americas entities, delivering accurate results on a defined close calendar Lead consolidation of Americas results, including intercompany reconciliation and eliminations Deliver timely and accurate actuals reporting to the CFO and to parent company (Aspen Pumps Group) group reporting deadlines Review balance sheet reconciliations, journal entries, and accruals; investigate significant variances or unusual activity Ensure compliance with US GAAP and group accounting and reporting requirements Internal Controls, Audit & Tax Design, implement, and maintain effective internal controls, including segregation of duties and approval authorities Develop, document, and enforce standardized accounting policies and procedures across all Malco Group entities Lead the annual external audit and serve as primary point of contact for auditors Coordinate tax compliance (income, sales and use, property, and other filings) with internal teams and external advisors Cost Accounting & Inventory Oversee standard costing, inventory valuation, physical inventory and cycle count processes, and manufacturing variance analysis Partner with Operations and Supply Chain to ensure cost drivers, bills of material, and routings are accurately reflected in the books Ensure accurate product costing to support gross margin and product profitability reporting Monitor accounting-related performance metrics including gross margin, inventory turns, reserves, and cost variances Transactional Accounting & Working Capital Oversee accounts payable, accounts receivable, credit and collections, p…

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