Director: Assistant Controller (Onsite) - The Toro Company

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Who Are We?

The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world-class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us. From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and a healthy tenure,come find out what makes The Toro Company the best place in the Twin Cities to build a career.

Job Purpose:

The Assistant Controller provides operational leadership for enterprise accounting, consolidation, financial close and cost accounting with a staff consisting of two direct reports and approximately 20 professional staff. The role partners with the Corporate Controller to ensure the accuracy, integrity, and timeliness of financial information while translating accounting requirements into disciplined, scalable processes. This leader strengthens governance, develops accounting talent, and modernizes controllership operations by advancing standardization, automation, and data quality across a complex, multi-entity environment.

What Will You Do?

Financial Close, Consolidation & Reporting

• Lead the monthly, quarterly, and annual close and consolidation processes, establishing clear timelines, accountabilities, review standards, and escalation protocols.
• Oversee the preparation and review of consolidated financial statements and supporting schedules in accordance with U.S. GAAP and applicable statutory requirements.
• Coordinate accounting inputs and documentation for external reporting and SEC filings, partnering with technical accounting, legal, finance, and other stakeholders.
• Review significant, complex, or unusual transactions and ensure accounting conclusions are appropriately documented, approved, and reflected in the financial records.
• Monitor close performance, reporting accuracy, and balance sheet integrity; resolve issues promptly and drive sustainable corrective actions.

Accounting Operations & Process Excellence

• Oversee core accounting activities including general accounting, consolidations, intercompany accounting, fixed assets, inventory accounting, and balance sheet reconciliations.
• Define and monitor service, quality, and control expectations for accounting processes performed by corporate, business, regional, or shared-service teams.
• Partner with Finance Technology and IT to improve ERP, consolidation, reconciliation, and financial reporting capabilities; represent controllership requirements in system initiatives.
• Establish meaningful performance measures and use root-cause analysis to drive continuous improvement.
• Leverage AI/ML and other technologies to automate close, consolidation and ledger data validation to reduce audit lag and minimize manual efforts
• Actively coordinate upstream business data practices where financial data originates, design and add dimensionality to the chart of accounts as necessary to facilitate custom, granular business reporting

Cost Accounting and Inventory

• Manage cost accounting processes, including standard cost procedures, inventory valuation and existence.
• Collaborate with the Integrated Supply Team to improve cost transparency.
• Efficiently and accurately handle the forecasting and recording of LIFO entries.
• Ensure cost and inventory items are consistently aligned among FP&A, Accounting, and External Reporting.

Business Partnership & Enterprise Initiatives

• Serve as a trusted partner to finance and business leaders on accounting, reporting, controls, and financial process matters.
• Collaborate with FP&A, Tax, Treasury, Shared Services, Finance Technology, Legal, IT, Internal Audit, and Operations to align accounting execution with enterprise priorities.
• Lead or contribute to ERP implementations, finance transformation, organizational changes, and other cross-functional initiatives requiring strong accounting governance.
• Communicate accounting risks, decisions, tradeoffs, and recommended actions clearly to senior finance leadership.

People Leadership & Talent Development

• Lead, coach, and develop a high-performing accounting team with clear roles, decision rights, objectives, and development plans.
• Build organizational capability through succession planning, cross-training, technical development, and exposure to enterprise initiatives.
• Promote collaboration, inclusion, accountability, continuous learning, and constructive challenge.
• Allocate resources to the highest-risk and highest-value priorities and adjust capacity as business needs evolve.

What Do You Need?

Education & Experience

• Bachelor's degree in accounting, finance, or a related field required; master's degree preferred.
• CPA preferred.
• 12 or more years of progressive accounting and finance experience, including leadership responsibility in corporate accounting, financial reporting, or controllership.
• Experience in a complex, public-company, multi-entity environment with manufacturing strongly preferred.
• Demonstrated experience leading financial close, consolidation, and cross-functional process improvement.
• Experience with ERP, consolidation, (SAP and OneStream preferred) reconciliation, and financial reporting systems; finance transformation experience preferred.

Knowledge & Skills

• Strong knowledge of U.S. GAAP, consolidation, financial reporting, accounting operations, SOX, internal controls, and audit requirements.
• Ability to translate technical accounting and control requirements into practical, repeatable operating processes.
• Ability to oversee financial data architecture: focusing on governance, risk mitigation and cross-functional collaboration to ensure secure and efficient financial data access.
• Project Management experience in applying lean or agile methodologies to accelerate close cycles and streamline workflows to continuously evaluate, define and optimize the global accounting operating model.
• Sound judgment, professional skepticism, attention to detail, and be able to identify and elevate material risks.
• Strong analytical and problem-solving skills, with the ability to manage competing priorities and deliver against firm deadlines.
• Clear and concise communication skills, including the ability to explain complex accounting matters to technical and nontechnical audiences.
• Proven ability to influence across functions, lead through change, and build trusted relationships at multiple organizational levels.
• Commitment to talent development, accountability, collaboration, and continuous improvement.

Scope & Impact

• Provides enterprise-level leadership for assigned accounting, consolidation, reporting, and control activities.
• Directly influences the accuracy, timeliness, and integrity of financial information and the effectiveness of the accounting control environment.
• Operates with significant visibility across corporate functions, business units, auditors, and senior finance leadership.
• Balances strategic priorities with hands‑on operating discipline and timely issue resolution.
• Contributes to modernization, process standardization, automation, and scalable growth across accounting operations.

What Can We Give You?

At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top tier medical/dental/vision plan, 401k, and many other great benefits -The Toro company offers employees at our Bloomington, MN HQlocation a variety of perks, including:

• Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment.
• Location – Conveniently located near both St. Paul and Minneapolis, we are centrally located for most commuters!
• Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached, you can grab a snack and a coffee at any time during your day.
• Wellness - The Toro Company’s HQ offers complimentary use of our onsite fitness facility to employees. In addition to physical wellbeing, TTC offers a variety of mental health and financial health resources to all employees.
• Volunteerism - The Toro Company is proud to provide employees 20 hours of paid time to volunteer in the community.
• Summer Hours – Enjoy a flexible schedule during the summer! By working a little more during the first few days of the week, TTC employees at our Bloomington HQ are able to start their weekends early and leave by noon on Friday.
• Competitive Salary – The pay range takes into account skills, experience, education, and location. It is not common to be hired at or near the top of the range; compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the annual pay range is between $204,000 - $250,000. Cash compensation is one piece of our competitive total rewards package. You may be eligible to participate in an incentive program, which rewards employees based on individual and organizational performance. Eligibility and award amounts are determined by company policy and performance metrics. If you need to, you can access your pay early with the dailypay app.

At The Toro Company, we are committed to fostering a secure and trustworthy recruitment experience for our applicants. Recruitment fraud is a growing concern for job seekers, so please be aware that throughout our recruitment process, you’ll never be required to pay any fees or disclose personal financial details when applying to TTC opportunities. All legitimate job opportunities must be applied for directly through our official careers page at jobs.thetorocompany.com or via Workday, our applicant tracking system.

The Toro Company is an Equal Opportunity Employer. We consider all qualified applicants based on merit and do not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information, military service, or other non‑merit factors. We are committed to creating a welcoming environment for all employees.