Corporate Controller Search for a $200M Consumer Company

A $200M consumer company faced a critical vacancy when their Corporate Controller left with little notice. The company engaged us to identify and place a skilled financial leader capable of managing financial operations and reporting directly to the CFO during a period of rapid growth and operational complexity.

Client Overview

The client, a growing consumer company generating $200M in annual revenue, required an experienced Corporate Controller to stabilize its financial operations, ensure compliance, and support the CFO in strategic initiatives.

Challenges

  • Unexpected Vacancy: The previous Corporate Controller left with minimal notice, leaving a gap in financial oversight.
  • Complex Financial Environment: Managing operations across multiple regions with varying tax and compliance requirements.
  • Strategic Support: The CFO required a reliable partner to oversee daily financial operations and support long-term planning.
  • Timeliness: Needed to fill the role quickly to avoid disruptions in reporting and compliance.

Strategy

  1. Role Definition: Worked closely with the CFO to define the Corporate Controller responsibilities, emphasizing operational leadership, compliance, and team management.
  2. Targeted Candidate Search: Focused on candidates with experience in consumer goods, multi-region operations, and strong technical accounting skills (CPA preferred).
  3. Screening and Assessment: Evaluated expertise in financial reporting, team leadership, and ERP systems. Conducted behavioral interviews to ensure cultural fit and adaptability.
  4. Timely Placement: Delivered a shortlist of qualified candidates within four weeks to minimize operational disruptions.

Outcome

  • Placement: Hired a Corporate Controller with over 10 years of experience in consumer goods, including prior roles managing $250M+ operations.
  • Immediate Impact:
    • Stabilized financial operations by quickly addressing reporting backlogs.
    • Implemented new processes for monthly financial close, reducing cycle time by 20%.
    • Ensured compliance with tax and regulatory requirements across multiple jurisdictions.
  • Long-Term Contributions:
    • Enhanced team productivity by mentoring junior accountants and streamlining workflows.
    • Supported the CFO by providing accurate forecasts and analyses for strategic decision-making.
    • Optimized ERP usage, improving data accuracy and operational efficiency.

Key Takeaways

This case highlights the importance of a skilled Corporate Controller in maintaining financial stability and supporting strategic initiatives. Rapid identification and placement of the right leader ensured operational continuity and set the foundation for long-term success.