Assistant ControllerSample Job Descriptions, Salaries, and Interview Questions
The assistant controller aids the corporate controller in maintaining company financial statements. They ensure that the financial statements meet management requirements, industry standards, and are in line with standard accounting principles as well as state and federal regulations. Assistant controllers help develop financial reporting, planning, and budgeting systems. Some assistant controllers also prepare monthly, quarterly, and yearly financial reports, train staff on proper company procedures
An assistant controller should have solid accounting skills, good leadership skills, and be able to think critically and analytically. Excellent computer skills and knowledge of relevant technology are also essential skills needed, as well as a strong working knowledge of generally accepted accounting principles and financial accounting standards. They work in many industries, primarily in an office environment.
Sample job description #1
Oversees and has responsibility for ensuring that the preparation of the Company’s SEC financial reporting on Form 10-Q, 10-K, and 8-K meets SEC requirements.
Reviews quarterly earnings release and determines appropriateness of items to be included/excluded from Non-GAAP measures.
Participates in the monthly, quarterly, and annual close processes to ensure complete and accurate reporting.
Communicates and explains accounting issues and evolving accounting guidance to the management team.
Communicates directly with external auditors on financial statements and accounting issues to ensure agreement with Company’s decisions on accounting disclosures and issues.
Prepares white papers for technical accounting matters.
Establishes and publishes accounting policies.
Ensures SOX compliance.
5+ years’ experience working for a publicly traded organization.
Knowledge of internal and external reporting, audit preparation
Bachelor’s degree in Accounting or Finance
Manufacturing or distribution experience preferred
Sample job description #2
Provide leadership to the A/R, A/P and Billing team and for the day-to-day accounting and financial operations.
Lead and optimize accounting and financial operations, incl. process optimization, systems optimization and integration etc.
Responsible for monitoring performed by reviewing AP systems and banking program access where applicable.
Assist with the internal monitoring of the purchase order process by the accounting function.
Responsible for Accounts Receivable cash application reconciliation and oversight
Ensuring proper verification and approval of routing and account numbers for electronic payments.
Resolve customer deductions in collaboration with sales and customer service teams
Responsible for developing and maintaining treasury and Account Receivables / Payables principles, practices and procedures to ensure accurate and timely financials statements.
Ensure the design, implementation, and maintenance of internal controls relevant to the preparation and fair presentation of financial statements are free from material misstatement.
Ensure an accurate and timely daily, monthly, quarterly and year-end close.
Establish and maintain disclosure controls and procedures and effective internal control over financial reporting for the Company.
Oversee the preparation of monthly and quarterly management and regulatory reports.
Supervises the execution of all aspects of cash management operating strategies
Develops and manages cash flow forecasting process, analysis, & reporting
Work as a liaison to external auditors
Actively drive continuous improvement opportunities in process, policies, and standards
Partner closely with Controller to drive accounting policy alignment, reporting quality and timeliness
Responsible for all areas relating to external financial reporting and technical accounting.
Responsible for financial reporting, internal control documentation with respect to external reporting, technical accounting, process improvement and audit preparation.
Support budget and forecasting activities.
Bachelor’s in Accounting
MBA or Master’s Degree preferred
5+ years of experience
Prior management experience and ability to lead a team
Ability to tactfully interact with all business stakeholders for requests and resolution of issues
Strong skills in Microsoft Office Suite particularly Excel and Power Point
Sample job description #3
What you will do
Under general direction of the VP, Finance, the Assistant Corporate Controller will manage and oversee the daily operations of the accounting department including:
Revenue recognition, Invoicing, Accounts payable/receivable, payroll, bank account reconciliations, journal entries & general ledger
Month/quarter/year-end close processes/reporting
Treasury and budgeting, cash flow forecasting
Revenue and expenditure variance analysis
Identification of cost control opportunities throughout the P&L
Maintain the Company’s accounting system in compliance with the requirements of the FAR and manage any pre-award and/or DCAA audits
Indirect Rate calculations and Summary Cost Management Reporting
Establish and enforce proper accounting methods, policies and principles
Coordinate with 3rd party CPA/tax firm and complete audits
Develop and improve systems and procedures and initiate corrective actions
Manage insurance renewals and issues
Assign projects and direct staff to ensure compliance and accuracy
Lead, coach, and mentor team; conduct annual review process
Who you are
Bachelor’s Degree in Finance or Accounting
CPA or CMA a plus
Strong technical accounting background with 5+ years’ experience, preferably in the federal contracting industry
2+ years of project accounting experience (ASC606 experience)
Technical and comprehensive knowledge of all finance, financial planning, accounting and tax areas of a government contracting businesses including an excellent understanding of GAAP, FAR and DCAA requirements
Expertise in Quickbooks Online Advanced as well as time management systems and integrations
Experience selecting, implementing, and operating in various account systems (i.e, Netsuite, Unanet, Deltek, etc.)
Strong analytical capabilities including the ability to leverage financial data to design and generate critical business reports
Excellent computer skills including all MS Office and Google Workspace applications, as well as low-code and no-code software
Excellent written and verbal communication skills
Strong attention to detail and skills in planning and organization
Ability to work independently to solve challenging problems and exercise sound judgement
Average salary and compensation
The average salary for an assistant controller is $85,350 per year in the United States. Salary may vary due to level of experience, education, and geographical location.
Los Angeles, California
Minneapolis-St. Paul, Minnesota
New York City, New York
Sample interview questions
How would you improve accounting processes?
How do you monitor different accounting functions?
What accounting software programs are you familiar with?
What experience do you have in establishing internal controls?
Do you work well under pressure?
What systems have you developed to reduce/eliminate errors in your work?
What environment do you feel you do your best work in?
What do you expect from the other people you work with?
How do you see your profession evolving in the future?
What is your auditing process for reports that you have delegated to other team members?
Describe how you prioritize work?
What are three attributes that you would look for when hiring junior members on our team?
What do you enjoy most about being an assistant controller?
We match top professionals with great employers across the country. Your next career move or star employee is just around the corner. Review our career content and advice, browse our latest job openings, or email us your resume. We look forward to connecting with you soon!