North America Regional Controller

The North America Regional Controller plays a crucial role in managing financial operations across multiple countries. Key responsibilities include ensuring compliance with US GAAP, providing strategic guidance to regional and local managers, overseeing financial reporting, and leading the budget preparation process. Additionally, the role involves managing audits, ensuring robust internal controls, and driving process improvements across finance functions.

To successfully assume the position of North America Regional Controller, candidates should hold a Bachelor’s degree in Accounting or Finance, alongside a professional accounting qualification like CPA or Master’s degree. A minimum of 7 years of finance or accounting experience, particularly in a regional or multi-country management capacity, is essential for this role. Experience with ERP systems, particularly JD Edwards Enterprise One, will also enhance your suitability.

The North America Regional Controller is instrumental in supporting business growth by providing detailed financial analyses and insights that drive decision-making for regional and local teams. By collaborating with various departments and leading budgeting and forecasting efforts, this position fosters an understanding of financial performance, enabling the organization to seize growth opportunities while managing risks effectively.

Key skills for the North America Regional Controller include advanced proficiency in Microsoft Excel and strong knowledge of international accounting standards like US GAAP and IFRS. Leadership abilities are crucial for managing diverse teams, along with excellent communication skills to handle relationships across multiple regions. Additionally, skills in problem-solving, conflict management, and attention to detail play vital roles in navigating the complexities of this position.

The North America Regional Controller operates in a dynamic, multicultural environment. Frequent travel within the region to supervise financial operations and collaborate with local financial teams is a fundamental aspect of the role. The commitment to a high-performing culture and the continuous quest for process improvements must also align with the ever-evolving needs of a global business landscape.

To ensure compliance with US GAAP, I prioritize maintaining updated knowledge of any changes in regulations and actively cultivate a culture of adherence within my team. Implementing robust internal controls, conducting regular audits, and providing training to financial teams across the region helps ensure we adhere to all relevant standards and reporting requirements.

In my experience, I utilize historical data, industry trends, and market analyses as core components for accurate financial forecasting. I collaborate with country teams to gather insights and ensure our forecasts reflect not just quantitative data, but also qualitative information from local markets to enhance accuracy and strategic relevance.

When I identify financial discrepancies, I approach them systematically. I first conduct a detailed analysis to understand the root cause, whether it’s due to data entry errors, miscommunication, or other factors. Collaborating with the relevant teams to resolve issues quickly is essential, and I ensure that corrective measures are implemented to prevent recurrence.

I believe in fostering teamwork through open communication, shared goals, and consistent engagement. I host regular meetings to unify the teams, encourage collaboration on projects, and celebrate wins as a group. Creating an environment where teams can share their experiences and solutions helps build trust and strengthens relationships across regions.

Effective cash flow management requires a proactive approach. I regularly monitor and review cash flow forecasts, align them with business operations, and engage with local teams to optimize cash management. Implementing strategies like timely invoicing and proactive collections ensures sufficient liquidity to support operations and growth.

Preparing for audits across multiple countries entails thorough planning and coordination with country controllers. I establish an audit timeline, give early notice about the requirements, and create checklists to ensure all documents and information are ready for review. Active communication during the audit is crucial for addressing any arising issues efficiently.

I've led several initiatives aimed at process improvements in financial operations, including streamlining reporting processes, implementing automation tools, and standardizing procedures across regions. By analyzing existing processes and receiving feedback from teams, I identify pain points and opportunities for efficiency that ultimately enhance productivity and accuracy.

Integrating new businesses into the financial framework requires a structured approach. I initiate the process by conducting a comprehensive review of the new entity's financials, systems, and policies. By aligning them with our existing practices and providing appropriate training to the new teams, I ensure a smooth transition that supports consistency and compliance across the organization.

Technology is essential in financial reporting. I leverage ERP systems to automate data collection and reporting, ensuring efficiency and accuracy. Additionally, I use analytical tools to visualize and interpret data, enabling me to provide actionable insights to our management teams. Embracing technology helps us maintain agility in our reporting processes.

Managing relationships with local financial teams across different cultures requires cultural sensitivity and adaptability. I prioritize understanding local practices, customs, and communication styles. Building rapport through regular engagement, showing appreciation for their contributions, and encouraging open dialogue fosters strong relationships that enhance collaboration and success.