Golf Pride Division Controller

Eaton Corporation•Pinehurst, NC

12h•$165,000 - $242,000•Onsite

About The Position

Eaton's Golf Pride division is currently seeking a Division Controller. The Division Controller is the top finance executive for Golf Pride and is officially titled a Division Controller inside Eaton. This role reports directly to the Golf Pride President and functionally (dotted line) to the Eaton Industrial Sector SVP of Finance. The role is based at Golf Pride’s Global Innovation Center (GIC) in Pinehurst, NC, next to Pinehurst Resort’s #8 golf course. Relocation benefits are available from within the United States. By some measures, Golf Pride is the fifth largest golf equipment brand in the world. Golf Pride produces grips for both club makers (like Callaway or Titleist) as well as grips sold directly to golf consumers (at places like PGA Tour Superstore). More than 80% of tour pros use Golf Pride grips without endorsement contracts. Golf Pride estimates that it serves between 5-7 million golfers around the world every year. It operates two world class factories in Taiwan and Thailand and manages two distribution centers in the US and UK. The global Golf Pride team includes more than 1,100 people around the world with about 50 people at the GIC in Pinehurst. The GIC is both the global headquarters for Golf Pride and the central location for all growth, innovation, and design development activities at Golf Pride. The expected annual salary range for this role is $165000 - $242000 a year. This position is also eligible for a variable incentive program. Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations. What you’ll do: This role is the senior most financial leadership role at Golf Pride and operates in many ways as the “CFO” of Golf Pride inside Eaton. It is a core member of the Golf Pride Senior Leadership Team (SLT) and involved in all aspects of decision making on the business with the President and the other functional leaders. This role requires thinking creatively about where and how to invest in Golf Pride’s growth and development while at the same time delivering accretive financial returns to Eaton. In this position, you will collaborate closely with the President and the other functional leaders of the business. You will be primarily responsible for the internal financial planning process. You will be the primary point person, setting financial performance expectations with Eaton (our only financial stakeholder). At the same time, you will partner with the other functional leaders of the business to make sure we deliver those expectations while also funding our innovation and growth activities. You lead the annual profit planning process and the monthly forecasting and close cycles (connected to SIOP). The key to this role is being able to deliver an attractive return to Eaton while helping Golf Pride also make the investments it needs for long-term success. The Division Controller will report functionally (dotted line) to the SVP of Finance for the Industrial Sector. Making certain that all of Eaton’s functional requirements for planning, reporting, analysis, and compliance are fulfilled. You must ensure that all aspects of Golf Pride’s finance and accounting activities are to Eaton’s standards and manage strong controls and regulatory compliance globally. You are accountability for quality planning, reporting, and compliance at all Golf Pride sites (US GIC, UK, Taiwan, and Thailand). You work directly with the Industrial Sector Finance team as needed to make sure that Golf Pride’s results roll up accurately within the Eaton financial systems.

Requirements

Bachelor’s degree from an accredited institution
Minimum of 10 years of progressive finance/accounting experience
Minimum of 5 years experience managing people
Minimum of 3 years of experience within the manufacturing or consumer industry
Working knowledge of financial and ERP systems
Must be legally authorized to work in the US without company sponsorship now or in the future

Nice To Haves

Master’s degree in finance or accounting, economics, or MBA from an accredited institution preferred, but not required.
12 years of broader financial experience within manufacturing and/or consumer organizations is desired but not required.
4 years of experience in international financial disciplines, i.e., tax strategies, transfer pricing, currency hedging, statutory reporting, and legal entity are also desired.
Knowledge of pronouncements of external regulatory bodies, such as Financial Accounting Standards Board, SEC, IRS, IASB, etc.is strongly preferred.
Executive level leadership skills and presence.
Organizational savvy skills with the ability to operate and influence across a matrixed global team.
Strong analytical capability with the ability to coach and develop others.
A balanced mix of front-end commercial exposure (ideally in a branded consumer product environment) and back end operational experience.
Acts as a trusted business partner – sees the big picture – provides broad thought leadership.
Creates, promotes, and sustains a performance culture. Continuously raises the performance bar for the finance organization.
Must be capable of evaluating talent and building organizational capability. Requires good mentoring and coaching skills.
Effectively drives and manages change, challenges the status quo and champions new and innovative ideas.
Exhibits managerial courage and willingness to support and make tough decisions that help Golf Ride grow and develop.
Effectively leverage functional and cross-functional resources to solve problems, improve processes, and meet objectives.
General knowledge of all functional areas of the Group, Sector and Corporate organizations.

Responsibilities

Partner with the President on all key financial decisions both short and long term at Golf Pride.
Lead from a thoughtful financial perspective as a core member of Golf Pride’s SLT.
Build and finance and account team that can effectively support the growth and development of Golf Pride while at the same time consistently delivering on our financial commitments to Eaton.
Develop and drive internal planning processes (especially Profit Planning and the monthly forecasting process) that allow us to make reasonable commitments and deliver them.
Partner with cross-functional leaders to develop a broad understanding of the business and what is happening operationally behind the numbers that we report.
Actively manage our commitments to Eaton around revenue, margin, profit, and cash and work cross-functionally inside Golf Pride to make sure we can deliver on those commitments.
Collaborate with the Commercial Controller to ensure that we are proactively managing price and our gross margins in an inflationary environment.
Lead our cost modeling and cost accounting efforts to ensure that our business leaders have accurate cost data to help them make sound business decisions.
Partner with other SLT functional leaders to ensure that they are actively managing our free cash performance (CAPEX, DOH, DPO, and DSO) as well as our profit performance.
Lead financial, operational, and commercial conversations with Industrial Sector Leadership to explain month-end and forecast variances.
Direct the regular financial processes for the Golf Pride division including closing the books, forecasting, planning, reporting, analysis, and any corrective action needed to close gaps.
Assure the existence and competency of financial systems and procedures to comply with GAAP and corporate policies and procedures to guarantee the integrity of financial reporting.
Ensure that the internal control environment is maintained in compliance with Sarbanes-Oxley.
Work with Sector and corporate finance organizations (i.e., treasury, tax, audit) in improving financial processes, implementing policy changes, and executing strategies and initiatives.