About the Company

Based in Canton, MA, a suburb of Boston, BSC Industries, LLC (“BSC” or the “Company”) is a 100+ year old, industry leading regional value-added distributor of industrial automation and motion control products (controls, motors, bearings, power transmission). BSC’s products are low-cost but critical components to customers’ operations with high costs of failure (i.e., downtime or injury). BSC operates out of 7 locations across New England and serve customers across diverse end markets, including healthcare, automation, semiconductor, general industrial and food and beverage. BSC is differentiated due to its deep product expertise, excellent customer service, and value-added services offerings. Over 65% of BSC’s revenue is driven by value-added services such as vendor managed inventory, assembly, kitting, product development, custom sourcing, and engineering services.

In July 2023, the company was recapitalized by Benford Capital Partners (“Benford Capital” or “BCP”) for estate planning purposes and to support long-term growth, both organically and via add-on acquisition.

Founded in 2004, BCP is a Chicago-based private equity firm focusing on building niche market-leading companies in partnership with founders and management. BCP and management are seeking an experienced Accounting Manager. The ideal candidate will have prior experience in preparing GAAP based financial statements, overseeing AR and AP processes, and implementing financial controls.

KEY COMPANY FACTS

Founded: 1919

Headquarters: Canton, MA

Locations: 7 [Canton, MA; Providence, RI; Nashua, NH; Worcester, MA; Windsor Locks, CT; Williston, VT; Westbrook, ME]

Employees: 60+

Position Summary

Reporting to the VP, Finance (top finance leader), with significant interaction at BSC management level, this highly experienced, results driven Accounting Manager position will play a key role helping the Company execute its long-term growth strategy. The Accounting Manager will support the leadership team in all aspects of financial management, including: business planning and budgeting, development of metrics to drive performance improvement, management reporting, and cost benefit analysis of key initiative, capital investments and Continuous Improvement. 

KEY RESPONSIBILITIES

• Responsible for timely and accurate monthly, quarterly, and annual financial results
• Manage the P&L, Balance Sheet and company cash flow statement; maintain the integrity of the financial statements.
• Support the budgeting and forecasting activities for the organization, including the annual budget, monthly and quarterly forecast, and individual branch business plan processes.
• Manage, take ownership and control of the accounting department under your charge with respect to month-end activities as well as day-to-day activities.
• Maintain general ledger and all related reconciliations.
• Support sales and use tax calculations, filings, and payment.
• Manage an accounting team of 4 (AR and AP professionals).
• Support annual physical and cycle count programs.
• Support lender relationships by providing required reporting per the lending agreement.
• Provide all necessary information to the external auditors.
• Support special projects as needed, such as M&A diligence and integration support.

CANDIDATE PROFILE

• 5+ years of proven experience as an Accounting Manager in a distribution or manufacturing environment.
• Bachelor’s degree in Accounting, CPA preferred.
• In-depth knowledge of GAAP standards applicable to distribution business, costing, and inventory management.
• Epicor Prophet 21 systems experience a plus
• Strong communication skills both written and verbal
• Highly analytical, comfortable as individual contributor while working with Accounting team and other functional team members
• Ability to take initiative and work independently.
• Proficient with advanced features of Microsoft Office software products (Excel, Access, Word, and PowerPoint).

LOCATION

Based in Canton, MA. BSC supports a hybrid work schedule and this position can be done remotely 2 days/week.

SALARY RANGE

$100,000 - $150,000

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.