Our client, based in Nashville, TN is currently seeking an experienced and qualified Divisional Controller, Wholesale.. The Divisional Controller, Wholesale is is instrumental to the accounting and analysis for the company’s wholesale and retail fuel operations. This role will serve as a liaison between the wholesale and retail operations teams and the accounting and finance group to ensure that the accounting processes for wholesale and retail fuel operations are optimized and operated effectively to capture financial results.
The Divisional Controller, Wholesale will be responsible for all aspects of the accounting function for the company’s wholesale fuel business as well as all fuel activities in the company’s retail convenience store business. This position will oversee and manage the company’s fuel accounting, billing, and accounts receivable teams and be responsible for internal control oversight, operational accounting, billing and collections, month-end close management, financial reporting to internal stakeholders, and technical accounting support and guidance. This position requires strong leadership skills, attention to detail, and a thorough understanding of fuel accounting principles and systems. This position will work closely with a team of professionals to maintain high-quality accounting practices and contribute to the overall success of the wholesale fuel distribution business and retail fuel activities.
Benefits of Working with our client:
Competitive Compensation Structure
Affordable Healthcare Insurance
HSA Contributions & Matching
PTO & Community Service Days
Employee Discounts and Perks
401K Matching/Immediate Vesting
Corporate Chaplaincy Program
Employee Assistance Program
Oversee a timely and accurate month-end close process for the company’s wholesale fuel business and retail fuel activities and prepare monthly operational results in accordance with U.S. GAAP.
Prepare and present monthly financial and operational analysis for the wholesale business and retail fuel activities to provide actional insights to management for decision-making purposes.
Oversee the timely and accurate filing of all motor fuel excise tax returns across each state (approximately 20) and respective local jurisdictions the company operates in and ensure the company maintains compliance with the requirements of each state and local jurisdiction.
Provide oversight of the company’s fuel accounting systems and ensure they are designed functioning properly to meet the company’s business objectives.
Responsible for the design, implementation, and operating effectiveness of proper policies, procedures, and internal controls for the wholesale fuel business and retail fuel activities.
Conduct financial reviews and analysis monthly to support the company’s growth, profitability, and operational performance and identify, document, and resolve accounting and operational issues as they arise.
Assist the Corporate Controller and FP&A department with formulating budgets, forecasts, and monthly variance analysis related to the wholesale fuel business and retail fuel activities.
Interface with external auditors and regulatory professionals to support interim and year-end financial statement audits and tax audits.
Drive all pre-acquisition and post-acquisition integration efforts in connection with any wholesale fuel businesses the company acquires and the fuel activities of any retail fuel businesses the company acquires.
Responsible for the overall performance of the company’s fuel billing and accounts receivable operations. These departments are responsible for the accurate and timely invoicing for all wholesale customer transactions and fuel supplier transactions as well as the accurate and timely drafting of customer payments and customer collection activities.
Ensure compliance with internal policies, accounting standards, and applicable laws and regulations and implement and maintain effective internal controls to safeguard the company’s assets.
Collaborate with internal teams including sales, operations, customer service, legal, and IT to optimize the wholesale business and fuel accounting activities.
Participate in cross-functional projects and initiatives aimed at improving operational efficiency and customer satisfaction.
Continuously improve accounting processes for the wholesale business and retail fuel activities and identify opportunities for automation, streamlining, and efficiency enhancements.
Maintains the confidentiality of all company, client, employee, and vendor information.
Perform other duties as assigned.
Manage a team of 15 – 20 professionals, including 4 – 5 direct reports, in the company’s fuel accounting, billing, and accounts receivable departments.
These departments are responsible for all aspects of fuel accounting, billing, and accounts receivable across the company’s wholesale fuel distribution business and retail fuel activities.
Carry out supervisory responsibilities in accordance with the organization’s policies, procedures, and applicable employment and labor laws.
Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing and resolving complaints and/or issues.
Bachelor’s degree in Accounting, Finance, or a related field; Master’s degree preferred.
Certified Public Accountant (CPA) designation.
10+ years of progressive accounting experience.
5+ years of job-specific experience in a supervisory capacity at the accounting manager level or higher.
Strong knowledge of U.S. GAAP and fuel accounting principles and best practices.
Proficiency in using accounting software and enterprise resource planning (ERP) systems.
Excellent analytical skills, with the ability to interpret complex data and financial information.
Strong attention to detail and accuracy, ensuring compliance with internal policies and external regulations.
Excellent leadership and communication skills, with the ability to effectively manage a team and collaborate with cross-functional stakeholders.
Ability to prioritize tasks, meet deadlines, adapt to changing priorities, and manage multiple tasks simultaneously in a fast-paced environment.
Experience with Business Process Management
Or any equivalent combination of education and experience in job-related activities.
Master’s Degree or MBA
Experience with wholesale fuel distribution, transportation and logistics, or convenience stores that sell fuel.
Previous experience with PDI Enterprise software.
Excellent salary, bonus structure, medical benefits, 401K & much more