Are you passionate about providing service excellence to others?
Excited at the prospect of driving a company’s ability to make informed financial and operational decisions?
Are you ready to advance your career and join a fourth-generation family business with strong performance and an entrepreneurial spirit?
…If so, check out PAI!
Founded as a headwear manufacturer in 1929, Paramount Apparel International, Inc. (PAI) has evolved into a diversified apparel, headwear, and accessories company. A family-owned business, our company has thrived through change in the clothing industry and fashion business as part of a global supply chain. PAI’s mission and vision guide us as we continue to provide excellence in design and execution, responsiveness, and team empowerment. We are a leading contract and own-brand manufacturer with domestic manufacturing and global sourcing capabilities for headwear, apparel and accessory embellishment. Find out more about us at: www.paifashion.com.
PAI’s strategic plan calls for growth, innovation and aligning the organization’s resources to nimbly act and react to shifting market dynamics, and is seeking a self-motivated Controller at our headquarters in Bourbon, MO. This key position will be responsible for driving accounting success, the production of financial reports, and strengthening PAI’s financial operations and internal controls through close collaboration with other departments. The ideal candidate is ready to serve as a strategic partner to the CFO, brings extensive knowledge of US GAAP accounting standards, is an effective leader, and is genuinely curious about business operations.
Reporting directly to the Chief Financial Officer, the Controller will be responsible for:
FINANCIAL ADMINISTRATION: Oversee accounting practices in accordance with GAAP and adequate internal audit controls, manage Accounts Payable and general ledger functions, review bank activity, prepare financial statements, variance analysis and payroll reporting. Partner closely with the Accounts Receivable team. Own and manage the month-end close consolidation process. Closely monitor financial performance and forecasting and partnering with Cost Center owners in establishing budgets. Track key performance metrics and trends to optimize each department’s performance and profitability. Provide accurate and timely financial reports. Analyze inventory and cash flow requirements/projections. Assure compliance with all local, state, and federal regulations, including franchise, use, sales and withholding tax reporting and filing.
TEAM MANAGEMENT: Manage a team of 4 direct reports, including oversight for two (2) Accounts Payable team members and two (2) Staff Accountants responsible for royalty reporting, commissions, daily banking, monthly closing entries and reconciliations, audit schedules, bill pay, and vendor relationships. Recruit, assess, and retain talented team members to support growth initiatives and serve as critical business partners and resources for PAI colleagues. Partner with Human Resources to create individual development plans that align with each team member’s aspirations and capabilities. Communicate expectations clearly and promote relationship building across corporate functions and within each Cost Center. Foster a culture that promotes teamwork, client-centric customer service, grassroots problem solving and prevention, innovation, continuous improvement, and change implementation.
COLLABORATIVE LEADERSHIP: Effectively interact with management across the organization. Partner with the PAI leadership team to provide timely and pertinent financial analysis, business advice, and process design/improvement. Support PAI CFO and the leadership team on all growth strategies to achieve both budgetary targets and long-term growth milestones. Collaborate with Cost Center owners in establishing annual budgets, testing assumptions and revenue and expense drivers. Ensure that profit is maximized from each business unit in a manner consistent with company culture. Ensure timely and accurate payroll, commission and royalty payment processing. Set the example for how the accounting and finance teams are value added business partners for all aspects of the company.
CONTINUOUS IMPROVEMENT: Serve as a change agent, continuously challenging the company to achieve greater performance while questioning the status quo. Improve monthly close through automation and improvement of internal controls. Partner closely with Cost Center owners to optimize ERP solutions and drive best practices. Coach others to be analysts and thinkers who can anticipate opportunities and implement ideas for improvement in a prudent and tactful manner.
INTERNAL AND EXTERNAL CUSTOMER SERVICE: Add value through continuous cost and productivity improvement, providing recommendations as necessary. Partner with Cost Center owners to ensure they not only receive reports, but understand the story behind the reports. Actively participate in corrective action plans. Update CFO on all material financial matters through proactive identification of potential issues and concerns. Develop and maintain solid relationships with outside service providers such as auditors, insurance brokers, and vendors.
5+ years of progressive financial or accounting management experience, including a demonstrated track record of leading people and accounting strategies while building accountability and culture.
Strong working knowledge of US GAAP accounting standards.
CPA and/or experience in public accounting desired, but not required.
Experience in a manufacturing or distribution environment strongly preferred.
Familiarity with providing leadership, support, and strategy for multiple cost centers within a company strongly preferred.
Ability to proactively identify and implement process improvements essential; a demonstrated approach and methodology for continuous improvement ideal.
Strong technology skills, including experience with ERP solutions and all Microsoft Office applications.
Advanced Microsoft Excel skills a must.
4-year degree in related field is required; advanced degree (MBA) a plus, but not required.
Other Skills & Abilities include:
Must excel in an entrepreneurial environment with an appreciation for corporate and family values.
Customer-service oriented with a high level of responsiveness, integrity, and character.
Proven experience in creating buy-in for new initiatives and achieving results through engaging others and a data-driven approach.
Solid organizational skills with a high attention to detail, as well as the ability to multi-task, assimilate new information quickly, and create long-term solutions.
A collaborative and resilient attitude with a strong work ethic.
Strong interpersonal skills and the ability to build rapport across the company while quickly and confidently gaining respect of others, including superior listening and coaching skills.
A strong sense of urgency and demonstrated track record of being self-directed and taking the initiative to learn and solve problems.
Personable, approachable, and visible leadership style coupled with a sense of humor!
Compensation for this position includes a competitive base salary and an opportunity for professional growth and development. PAI offers a comprehensive benefits package, including health, dental, vision, and a 401(k) plan.
To apply, upload your resume at www.csiapply.com. All resumes and inquiries will be held in strict confidence. Please do not contact PAI directly. Candidates from contingent recruiters will not be considered. Questions? Contact our search consulting firm. Visit www.getcollaborative.com for contact information.
Collaborative Strategies, a St. Louis-based consulting firm with a dedicated executive search practice, has been connecting talent with opportunity since 1994. We take pride in matching entrepreneurial leaders with great opportunities and organizations such as PAI.
PAI is an Equal Opportunity Employer