Director of Accounting

Wheels Manufacturing LLC•Bloomington, MN

1d•$160,000 - $175,000•Hybrid

About The Position

The Director of Accounting is a strategic leadership role responsible for accounting operations, financial reporting, internal controls, and ERP system leadership for QBP — while supporting consolidated reporting across the broader FBG family of companies. The Director leads the accounting organization through the Accounting Manager and provides oversight, review, and technical direction rather than executing the day-to-day accounting cycle. Scope includes accounts receivable and accounts payable leadership, SAP S/4HANA functional ownership, and multi-entity financial reporting. The Director of Accounting will receive progressive strategic exposure, cross-functional leadership opportunities, and executive visibility, with a strong emphasis on professional growth and leadership development.

Requirements

Bachelor's degree in Accounting or Finance
10+ years of progressive accounting experience, with 3+ years in a senior accounting leadership role
CPA required (active or inactive)
Demonstrated experience with SAP S/4HANA or SAP ECC with direct involvement in S/4HANA migration
Multi-entity or holding company accounting experience, including consolidations
Strong knowledge of GAAP, financial statement preparation, and internal controls
Experience managing and developing teams of 5+ accounting professionals
External audit coordination experience (Big 4 or regional firm)
Advanced Excel and ERP reporting skill
Must possess a valid US driver's license

Nice To Haves

Experience in wholesale distribution, manufacturing, logistics, or inventory-intensive environments
CMA certification in addition to CPA
Experience with Prophix or similar financial planning and consolidation software
Familiarity with Esker (AP/AR automation), Sovos (tax engine), Corpay, or similar platforms
Prior experience presenting financial results to executive leadership, board of directors, or ownership groups
Experience with cost accounting, standard costing, or inventory reserve methodologies
Background in private equity-backed, family-owned, or founder-led businesses
Experience with SAP Fiori apps, SAP Analytics Cloud (SAC), or Power BI in an SAP environment

Responsibilities

Provide leadership, oversight, and final review of the close and reporting process, which is executed day-to-day by the Accounting Manager and accounting team.
Establish close calendars, standards, and reporting expectations; monitor performance against deadlines and drive continuous improvement of the close.
Review and approve financial statements (income statement, balance sheet, cash flow) and management reporting packages prepared by the accounting team.
Review and interpret variance analysis versus budget, forecast, and prior periods; present financial results and insights to leadership.
Own consolidated financial reporting across FBG entities, including intercompany eliminations and transfer pricing documentation.
Own the external audit relationship; direct audit planning, coordinate deliverables, and resolve technical accounting matters.
Establish standards for revenue recognition, expense cutoff, and balance sheet integrity; review reconciliations and approve significant or non-routine journal entries.
Oversee the financial reporting environment (Prophix, SAP trial balance imports, consolidated reporting), setting requirements and reviewing output for accuracy.
Design, implement, and maintain a robust internal control framework appropriate for QBP's scale and complexity.
Ensure GAAP compliance across all accounting functions; serve as the organization's primary GAAP authority.
Develop, document, and maintain accounting policies and procedures; embed these into the Month-End Close Playbook.
Identify and remediate control gaps; lead resolution of audit findings and management letter recommendations.
Support tax compliance and reporting in coordination with the FBG Tax function and external advisors.
Establish and enforce journal entry approval controls and segregation of duties.
Serve as the finance/accounting functional owner for SAP S/4HANA across all relevant modules (FI-GL, FI-AP, FI-AR, FI-AA, CO).
Lead accounting-side User Acceptance Testing (UAT), defect triage, and go-live readiness validation.
Own post-go-live stabilization, hypercare, and ongoing optimization of finance modules.
Drive adoption of SAP Fiori apps to modernize accounting workflows and replace legacy transaction codes.
Partner with IT/Applications on system enhancements, integrations (Prophix, Wells Fargo, Esker, Sovos, Corpay), and reporting improvements.
Champion automation of manual workarounds and elimination of custom processes that impede scalability.
Ensure audit trail integrity, data quality, and master data governance within SAP (profit centers, cost centers, chart of accounts).
Serve as the bridge between finance business requirements and SAP technical teams; translate accounting needs into system specifications.
Set inventory valuation and cost flow methodology; provide oversight of inventory accounting across multiple distribution centers.
Review inventory sub-ledger to general ledger reconciliations; direct resolution of significant discrepancies.
Review and approve inventory reserves (obsolete, slow-moving, excess, shrink) and analyze COGS and gross margin trends.
Provide oversight of physical inventory counts and cycle count programs; ensure sound valuation and reserve methodology.
Partner with Operations, Purchasing, and Category Management on inventory valuation and cost accounting policy.
Provide strategic and control oversight of the Accounts Payable function, which is managed day-to-day by the Accounting Manager.
Establish and enforce controls, approval thresholds, and policy governing disbursements, write-offs, and cash application.
Review and approve significant or non-routine disbursements, write-offs, and payment-term exceptions.
Monitor AR aging, DSO, and AP performance metrics; partner with Sales on credit and collection strategy and bad debt reserves.
Set direction for continuous improvement of collections, cash application, and vendor payment processes.
Directly manage the Accounting Manager; provide leadership to the broader accounting team through that role.
Conduct regular 1:1s and performance reviews; provide coaching, mentoring, and professional development support.
Build a strong control-minded, continuous-improvement culture within the accounting organization.
Assess team capabilities and recommend structural changes as the business scales.
Develop succession depth within accounting — specifically, cultivate the Accounting Manager → Assistant Controller path.
Manage workload distribution to prevent capacity overload and leadership burnout — a deliberate organizational priority.
Participate in annual planning and quarterly forecast review alongside the Director of FP&A.
Present financial results and analysis to executive leadership and the FBG board.
Represent finance in cross-functional business decisions (pricing, category management, capital allocation).
Partner with the Director of FP&A on integrated financial strategy and business unit performance.
Gain progressive exposure to banking relationships, lender reporting, and debt covenant compliance.
Participate in strategic initiatives such as M&A evaluation, new entity formation, and business model analysis.
Attend and contribute to the FBG Audit, Compliance, and Risk Committee.
Experience working within or reporting to a holding company structure with multiple legal entities under common control.
Familiarity with intercompany transactions, eliminations, and preparation of consolidated financial statements.
Understanding of shared services models, management fee structures, and cost allocation methodologies.
Ability to support financial reporting across diverse entity types: C-Corp, S-Corp, LLC, trusts, and disregarded entities.
Experience coordinating with a holding company controller, compliance director, or CFO on group-level reporting.
Multi-currency experience or international branch accounting (QBP operates Q-Taiwan as a foreign branch) preferred.
Familiarity with transfer pricing documentation and arm's-length transaction standards.
Hands-on experience as a finance/accounting user or functional lead within SAP S/4HANA (FI-GL, FI-AP, FI-AR, FI-AA, CO).
Direct participation in at least one SAP ECC-to-S/4HANA migration or greenfield S/4HANA implementation.
Understanding of the Universal Journal (ACDOCA), merged financial and management accounting, and real-time reporting capabilities.
Familiarity with SAP Fiori apps for accounting workflows (journal entry posting, invoice processing, bank statement reconciliation).
Knowledge of SAP integration points: bank interfaces (FEBAN/Electronic Bank Statements), procurement (MM), sales (SD), and controlling (CO-PA).
Ability to translate finance business requirements into functional specifications for SAP technical teams.
Experience with SAP master data governance: chart of accounts, profit center/cost center hierarchy, and business partner setup.
Understanding of SAP reporting tools and ability to leverage embedded analytics; experience with BW, SAC, or Power BI integration is a plus.
Ability to work on a phone and computer extensively.
Domestic travel 1–2 times per year (FBG meetings, audit coordination, entity visits).