Assistant Controller job description
An Assistant Controller supports accounting management, formulates internal controls, and prepares financial statements. They manage journal entries, assist with budgets and forecasts, and ensure compliance. Proficiency in GAAP, MS Office, and accounting software is required.
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What is an Assistant Controller?
An Assistant Controller is a professional who supports accounting management, assists in formulating internal controls, and helps prepare financial statements. They work closely with the controller to ensure compliance with regulations and accounting guidelines.
What does an Assistant Controller do?
An Assistant Controller is responsible for various tasks, including supporting accounting management, formulating internal controls and policies, preparing financial statements, managing journal entries, assisting in budgeting and forecasting, and reviewing accounting information for accuracy. They utilize accounting software, analyze data, and contribute to the financial reporting and control processes of the company.
Assistant Controller responsibilities include:
- Supporting most aspects of accounting management
- Assisting in the formulation of internal controls and policies to comply with legislation and established best practices
- Assisting in the preparation of financial statements in compliance with official guidelines and requirements
Job brief
We are seeking a reliable and detail-oriented Assistant Controller to support the preparation of financial statements that adhere to regulatory and accounting guidelines. Working under the guidance of a controller, you will play a crucial role in identifying and rectifying discrepancies while assisting in the establishment of effective control systems.
To excel in this role, you must possess a strong understanding of accounting principles. As an organized professional with keen attention to detail, you should be dependable and capable of working independently and collaboratively.
Your primary objective will be to ensure that the company’s accounting and financial processes meet established standards, promoting accurate financial reporting and effective control. Reporting to a financial controller, you will be an integral part of the finance team.
Join us in this rewarding opportunity to contribute to the financial integrity and success of our organization.
Responsibilities
- Support most aspects of accounting management (billing, tax forms, reporting etc.)
- Assist in the formulation of internal controls and policies to comply with legislation and established best practices
- Assist in the preparation of financial statements in compliance with official guidelines and requirements
- Manage journal entries, invoices etc. and reconcile accounts for the monthly or annual closing
- Assist in the preparation of budgets or forecasts
- Participate in preparation for the annual audit
- Help in development of reports for management or regulatory bodies
- Review the company’s accounting information to identify and resolve inaccuracies or imbalances
- Utilize accounting IT system to facilitate processes and maintain records
Requirements and skills
- Proven experience as assistant controller or other similar position
- Solid knowledge of GAAP (Generally Accepted Accounting Principles) and regulations
- Excellent knowledge of accounting and financial processes (budgeting, financial closure, reporting etc.)
- Understanding of data analysis and forecasting
- Working knowledge of MS Office (especially excel) and accounting software (e.g. SAP)
- Well-organized with ability to prioritize
- Very good communication and interpersonal skills
- Attention to detail and problem-solving ability
- BSc/BA in accounting, finance or relevant field is preferred
- Professional certification (e.g. CPA) is a plus
Frequently asked questions
- What does an Assistant Controller do?
- An Assistant Controller supports accounting management, assists in internal control formulation, and helps prepare financial statements.
- What are the duties and responsibilities of an Assistant Controller?
- The duties of an Assistant Controller include supporting accounting management, formulating internal controls and policies, preparing financial statements, managing journal entries, and assisting in budgeting and forecasting.
- What makes a good Assistant Controller?
- A good Assistant Controller has solid knowledge of accounting principles, attention to detail, problem-solving ability, and strong communication skills.
- Who does an Assistant Controller work with?
- An Assistant Controller works closely with the controller, accounting team, and other departments within the organization.
- What skills should an Assistant Controller have?
- An Assistant Controller should have proven experience in a similar position, knowledge of accounting principles and regulations, proficiency in accounting software, strong analytical and organizational skills, and excellent communication abilities.