Assistant Controller Job Description

Job summary 1

The Assistant Controller will assist General Manager and the Corporate Controller in directing the Accounting and Purchasing functions including sourcing, procurement, cost, payables, and reporting. Contributes to the development and maintenance of financial reporting, planning, and budgeting systems. Oversees the preparation of periodic reporting and required legal filings. Ensures that all corporate and required accounting policies and procedures are documented and followed by the organization. Mentors and trains accounting staff. Assists with the completion of periodic audits as needed.

Duties & Responsibilities 1

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Requirements & Skills 1

Job summary 2

As the Assistant Controller, you will assist the Controller in directing the financial activities of the organization by performing duties personally or through subordinate Team Members. Overview: Assist and support Controller in performing, directing, and reconciling financial activities. The focus of this job is on producing high-quality, detailed work based on established standards, guidelines, and procedures. Precise, consistent work output is essential requiring patience and a willingness to handle and complete one task at a time. The job environment is stable, based on known relationships with people and well-defined processes. Job knowledge and competency are built through structured step-by-step training and positive, supportive coaching from management and peers. Communication with others is based on knowledge of repetitive job routines and procedures gained from sufficient on-the-job experience.

Duties & Responsibilities 2

Requirements & Skills 2

Job summary 3

This position serves as the Assistant Controller for General Accounting. The incumbent will provide effective leadership to the General Accounting team, with the capability to motivate and influence to design and achieve short- and long-term goals. The Assistant Controller will be responsible for monthly and year-end closing, commitment control, Chartfield, and tree maintenance, journal entries, monthly financial reports, and other aspects to ensure the integrity of the general ledger and system. The incumbent will closely collaborate with the Assistant Controller for Financial Reporting to ensure seamless operations of the entire General Accounting and Financial Reporting department. This position will work frequently with Finance & Accounting staff, and campus partners or stakeholders to translate operational issues into useful solutions. This position will review current processes for efficiency and effectiveness and explore innovative solutions to enable high-quality services and performance levels.

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Requirements & Skills 3

Job summary 4

We seek an individual who brings expertise, as well as an eagerness to contribute their knowledge and skills within a team environment. This role reports to the Director of Accounting and will provide leadership to staff to maximize workflow, and effectively communicate with corporate management and other department managers. The successful Assistant Controller will provide timely and accurate processing of day-to-day financial transactions and ensure that the company complies with all financial laws while assisting staff in resolving day-to-day accounting and business problems.

Duties & Responsibilities 4

Requirements & Skills 4

Job summary 5

We are seeking a Controller Assistant. The primary responsibility for financial statement preparation, financial analysis, budgets, and forecasts in line with corporate policies and processes and legislative requirements to ensure financial reporting analysis and forecasts support business strategy and decisions.

Duties & Responsibilities 5

Requirements & Skills 5

Job summary 6

As an Assistant Controller you will be responsible for supporting the Controller and the overall financial activities of the division. Interact with financial management and leadership regarding financial and operational activities. Financial and operational activities include; financial projections and reporting, practice evaluations, economic strategies, budgeting, policy support, and development.

Duties & Responsibilities 6

Requirements & Skills 6

Job summary 7

We are seeking an experienced candidate with a go-getter attitude to fill the role of Assistant Controller. Under the direction of the Chief Accounting Officer, and working in conjunction with another Assistant Controller, this Assistant Controller will be responsible for overseeing the departments that support Accounting (specifically the Bank Services and Fixed Assets Departments).

Duties & Responsibilities 7

Requirements & Skills 7

Job summary 8

The Assistant Controller will be responsible for oversight of multiple portfolios, client reporting, and providing support to both internal and external clients. The Assistant Controller may at times support multiple asset classes under the private investment platform, which includes Real Estate Equity, Real Estate Debt, Private Equity, Funds and Co-Investments, and Private Credit. The ideal candidates will have broad accounting expertise as well as be knowledgeable of operational best practices. Our teams consist of highly skilled CPAs, MBAs, and CFAs who are expected to provide accurate, timely, and efficient services.

Duties & Responsibilities 8

Requirements & Skills 8

Job summary 9

We are looking to add a reliable Assistant Controller to help in overseeing aspects of the accounting and finance functions while also being hands-on with the operational needs. Reporting to the Controller you will be responsible for performing and ensuring the completion of accounting and financial activities. You will be forecasting and monitoring the business plan, analyzing accounting records, preparing journal entries and reports, and monitoring financial activities.

Duties & Responsibilities 9

Requirements & Skills 9

Job summary 10

We have a position available for an Assistant Controller.

Duties & Responsibilities 10

Requirements & Skills 10

Frequently asked questions

What does an assistant controller do?

An assistant controller is a senior-level accounting professional who works under the direction of the financial controller. The assistant controller is responsible for managing the day-to-day accounting operations of an organization, ensuring that financial records are accurate and up-to-date, and supporting the financial controller in developing and implementing financial strategies. Some of the specific duties and responsibilities of an assistant controller may include:

Accounting operations: The assistant controller oversees the accounting operations of an organization, including accounts payable, accounts receivable, payroll, and general ledger.

Financial reporting: The assistant controller helps prepare financial reports, including income statements, balance sheets, and cash flow statements, to provide accurate and timely financial information to management and stakeholders.

Budgeting and forecasting: The assistant controller may assist in the budgeting and forecasting process, helping to develop financial projections and monitor performance against budget.

Internal controls: The assistant controller helps develop and implement internal controls to ensure that financial transactions are processed accurately and securely.

Audit preparation: The assistant controller may assist in preparing for audits by internal and external auditors, ensuring that financial records are accurate and up-to-date.

Compliance: The assistant controller helps ensure compliance with applicable laws and regulations, such as tax laws, accounting standards, and financial reporting requirements.

Risk management: The assistant controller helps identify and manage financial risks, such as credit risk, market risk, and operational risk.

Financial analysis: The assistant controller may perform financial analysis to identify trends and patterns, and make recommendations to improve financial performance.

Supervision: The assistant controller may supervise and mentor accounting staff, ensuring that they are trained and perform their duties effectively.

Special projects: The assistant controller may be involved in special projects, such as mergers and acquisitions or system upgrades, that require financial expertise.

Overall, the role of an assistant controller is to support the financial controller in managing the financial operations of an organization, ensuring accuracy, compliance, and strategic alignment with organizational goals.

What are the skills of an assistant controller?

An assistant controller is a senior-level accounting professional who requires a range of technical, analytical, and interpersonal skills to effectively perform their role. Here are some of the key skills required for an assistant controller:

Accounting knowledge: Assistant controllers need a strong understanding of accounting principles and practices, including financial reporting, auditing, and tax preparation.

Financial analysis: Assistant controllers need strong analytical skills to interpret financial data, identify trends and patterns, and make informed decisions.

Communication skills: Assistant controllers need strong communication skills, both written and verbal, to effectively communicate financial information to others within the organization.

Software proficiency: Assistant controllers need to be proficient in the use of accounting software, such as QuickBooks, SAP, or Oracle, as well as Microsoft Excel and other productivity tools.

Attention to detail: Assistant controllers need to be highly detail-oriented, with the ability to identify errors and inconsistencies in financial data and documentation.

Time management: Assistant controllers need to be able to manage their time effectively, prioritize tasks, and meet deadlines.

Problem-solving: Assistant controllers need to be able to identify problems and find effective solutions, whether related to financial reporting, tax compliance, or other financial issues.

Leadership: Assistant controllers need to be able to lead and mentor accounting staff, ensuring that they are trained and perform their duties effectively.

Adaptability: Assistant controllers need to be able to adapt to changing business conditions, regulatory requirements, and accounting standards.

Professionalism: Assistant controllers need to maintain a high level of professionalism and integrity in their work, including maintaining confidentiality and adhering to ethical standards.

Overall, assistant controllers need a combination of technical and interpersonal skills to effectively manage the financial operations of an organization, ensuring accuracy, compliance, and strategic alignment with organizational goals.

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