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Assistant Corporate Controller

Cleveland, OH

Who We Are 

Formerra is a preeminent distributor of engineered materials, connecting the world’s leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading ecommerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways – driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com. 

 Formerra leads in the market with the following key capabilities: 

  • Problem-solving mindset, based on ingenuity and backed by a skilled and experienced commercial team that brings differentiated insights across markets including healthcare, consumer, industrial and mobility
  • Expansive material portfolio, including engineering thermoplastics and traditional polymers across leading material brands 
  • Integrated, long-standing relationships with leading, global suppliers 
  • Unparalleled and highly specialized technical, processing, and design support 
  • Regulatory-compliant material support and expertise 

Position Overview:

The Assistant Corporate Controller is a key finance leader reporting to the VP, Accounting and plays a critical role in ensuring the integrity, accuracy, and timeliness of the company’s financial reporting. This position oversees core corporate accounting functions, manages the month-end close process, strengthens internal controls, and partners cross-functionally to drive process improvements and scalability. The Assistant Corporate Controller is a curious, proactive, and collaborative business partner who supports organizational growth and prepares the accounting function to scale in complexity and leadership toward the Controller role.  Lead or support special projects and ad-hoc initiatives as needed.

Essential Duties & Responsibilities:

  • Accounting Operations & Financial Reporting
    • Lead daily accounting operations primarily focused on GL and journal entry review. Overview of AP and AR required in relation to accruals, reserves and other related GL accounts.
    • Lead global corporate accounting operations, including general ledger, fixed assets, journal entries, reconciliations, and account analysis.
    • Manage the monthly, quarterly, and annual close processes, ensuring accurate and timely financial statements in accordance with GAAP.
    • Prepare and review complex and judgmental journal entries, accruals, reserves, and reconciliations for balance sheet and income statement accounts.
    • Support financial consolidation activities and coordination with regional accounting teams
    • Prepare accurate and timely monthly, quarterly, and year‑end financial statements.
  • Internal Controls & Compliance
    • Enforce robust internal controls and support other compliance initiatives.
    • Assist with coordination of external global consolidated audit.
    • Ensure GAAP compliance across all financial reporting.
    • Support the development, documentation, and implementation of accounting policies and procedures.
  • Month‑End Close & Analysis
    • Oversee daily, weekly, monthly, quarterly, and annual accounting requirements, including variance analysis and preparation of key schedules and reporting packages for senior leadership.
    • Maintain primary oversight of corporate fixed asset accounting and the capital authorization approval process.
    • Manage month‑end close process, account reconciliations, and variance analysis.
    • Prepare key schedules and contribute to reporting packages presented to senior leadership and functional leaders.
  • Leadership & Team Development
    • Supervise, mentor, and develop professional accounting staff, fostering a culture of accountability, collaboration, and continuous improvement.
    • Provide guidance, escalation management, and cross-functional support to internal business partners.
    • Partner closely with the Accounting team to strengthen workflows, build scalable processes, and develop future accounting leaders.
    • Collaborate with regional accounting leads to promoting consistency and quality.
  • Business Partnering & Financial Insight
    • Partner with FP&A, Treasury, Tax, and operational teams.
    • Provide financial analysis supporting budgeting, forecasting, and decision‑making.
    • Communicate financial results and accounting concepts clearly to both finance and non-finance stakeholders.
  • Systems & Process Improvement
    • Identify opportunities to improve company-wide processes that can lead to more efficient transaction processing, reconciliation and/or improved information availability and reliability for decision-making.
    • Own initiatives to optimize, standardize, and improve global accounting processes as well as other processes requiring cross-functional collaboration
    • Support ERP enhancements, automation initiatives, and system upgrades (e.g., SAP, OneStream) to improve efficiency, accuracy, and scalability.
    • Identify, lead and deliver on opportunities for continuous growth in the company’s use of technology tools (e.g., OneStream, AI, Tableau)
    • Drive continuous improvement initiatives that enhance the effectiveness of the close and reporting processes.

 

Qualifications:

Education & Professional Experience

  • Bachelor’s degree in Accounting or Finance required; CPA preferred.
  • 5+ years of progressive accounting experience, including supervisory experience.
  • Experience managing month-end close, financial reporting, internal controls, and audits.

Technical & Professional Skills

  • Deep knowledge of GAAP and reconciliation practices.
  • Advanced skills in accounting systems (SAP, OneStream, or similar preferred).
  • Strong analytical ability and business insight.

Communication & Collaboration

  • Strong communicator with the ability to influence and partner across functions.
  • Proven ability to manage multiple priorities in a fast-paced environment while delivering high-quality results.
  • Curious, proactive, and collaborative mindset with a strong sense of ownership.

Work Environment:

  • Physical Requirements & Work Setting:
  • Hybrid Schedule: A mix of office and remote work, reporting into the Cleveland office (required 3 days in the office with the team, usually Tuesday through Thursday, though the office is available and open 5 days a week)
  • Physical Requirements: Requires remaining in a stationary position for prolonged periods of time, and frequent communication. Must be able to operate computers and other office equipment.
  • Setting: Typical work is in the office environment where the noise level is low to moderate.

#LI-TP1 
#LI-Hybrid 

Disclaimers:

  • Legal authorization to work in the specified country is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.
  • The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
  • It is the policy of Formerra that all employees are employed at the will of Formerra for an indefinite period and are subject to termination at any time, for any reason, with or without cause or notice. At the same time, employees may terminate their employment at any time and for any reason.
  • Equal Opportunity Employer. All qualified candidates will receive consideration for employment and will not be discriminated against based on race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, pregnancy, genetic information, creed, citizenship status, marital status or any other consideration prohibited by law or contract.
  • NOTICE: Formerra is committed to ensuring a fair and legitimate recruitment process. We want to alert job applicants to the potential risk of recruitment scams and encourage caution when responding to unsolicited job postings or communications. If you receive a job offer without having explicitly applied through our website or a legitimate job board, please be wary. We will never request sensitive personal information—such as your Social Security number, birth date, or banking details—via email. If you are uncertain about the legitimacy of a job posting or communication, please contact us directly at careers@formerra.com.

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