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Title
Text copied to clipboard!Assistant Controller
Description
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We are looking for an Assistant Controller to join our finance team and play a pivotal role in our financial management processes. This position is ideal for a detail-oriented individual with a strong background in accounting and finance. The Assistant Controller will work closely with the Controller to ensure accurate financial reporting, compliance with regulatory requirements, and the efficient operation of the accounting department. Responsibilities include assisting with the preparation of financial statements, budgeting, forecasting, and analysis, managing accounts payable and receivable, and ensuring compliance with GAAP and other financial regulations. The ideal candidate will have a proven track record of improving financial processes, providing leadership and direction to accounting staff, and contributing to the overall financial strategy of the organization. This role requires excellent analytical skills, the ability to manage multiple priorities, and strong communication skills to effectively collaborate with various departments.
Responsibilities
Text copied to clipboard!- Assist in the preparation of monthly, quarterly, and annual financial statements in compliance with GAAP.
- Support the Controller in ensuring accurate and timely financial reporting.
- Manage accounts payable and receivable, including the supervision of accounting staff.
- Contribute to the budgeting and forecasting processes, providing accurate financial data.
- Maintain internal controls for financial processes to ensure compliance with regulatory standards.
- Participate in the audit process, liaising with external auditors and preparing necessary documentation.
- Analyze financial data and reports, identifying trends and making recommendations for improvements.
- Assist with tax preparation and filing, ensuring compliance with federal, state, and local tax regulations.
- Oversee payroll processing, ensuring accuracy and compliance with labor laws.
- Implement and maintain financial management software and systems.
- Develop and maintain financial policies and procedures.
- Train and mentor junior accounting staff.
- Participate in strategic planning and risk management initiatives.
- Manage cash flow and prepare cash flow forecasts.
- Coordinate with other departments to ensure financial accuracy and accountability.
Requirements
Text copied to clipboard!- Bachelor's degree in Accounting, Finance, or related field.
- CPA or CMA certification preferred.
- Minimum of 5 years of accounting experience, with at least 2 years in a supervisory role.
- Strong understanding of GAAP and financial reporting requirements.
- Experience with financial statement preparation and analysis.
- Proficiency in accounting software and Microsoft Office Suite.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong leadership and team management abilities.
- Effective communication and interpersonal skills.
- Ability to work under pressure and meet tight deadlines.
- Detail-oriented with a high level of accuracy and organization.
- Experience in budgeting, forecasting, and financial modeling.
- Knowledge of tax preparation and filing.
- Understanding of internal controls and risk management.
- Experience with payroll processing and compliance.
- Ability to maintain confidentiality of financial information.
- Willingness to continuously improve skills and knowledge.
- Experience in the industry of the hiring company is a plus.
Potential interview questions
Text copied to clipboard!- Can you describe your experience with financial reporting and GAAP compliance?
- How have you contributed to improving financial processes in your previous roles?
- What experience do you have with budgeting and forecasting?
- Can you discuss a time when you identified a significant financial error and how you addressed it?
- How do you manage tight deadlines, especially during the end-of-month or end-of-year closing?
- Describe your experience with managing a team. How do you motivate your team members?
- What accounting software are you most familiar with, and what is your proficiency level?
- How do you stay updated with changes in accounting standards and regulations?
- Can you provide an example of a complex financial analysis you have performed and the outcome?
- What strategies do you use to ensure accuracy and compliance in financial reporting?