What are the responsibilities and job description for the Assistant Controller position at Parsons & Associates?
Job Overview
We have been engaged by our manufacturing client in Van Nuys to recruit to fill the position of Assistant Controller. This position reports to the Corporate Controller/CAO. We are seeking a detail-oriented and experienced Assistant Controller to join our finance team. The ideal candidate will play a crucial role in supporting the financial operations of the organization, ensuring accuracy in financial reporting, and maintaining compliance with accounting standards. This position requires strong analytical skills, attention to detail, and a solid understanding of accounting principles.
Responsibilities
The Assistant Controller is responsible for the management of all operational accounting activities within the company, including G.A.A.P compliance, inventory & cost accounting, A/P, A/R, and general accounting, along with cost controls, ERP optimization and process improvement. The Operations Controller will ensure accounting accuracy, compliance with regulatory standards, and the implementation of best practices in accounting management. The ideal candidate will have a strong background in G.A.A.P, and operational accounting, along with excellent analytical skills, and the ability to lead a team effectively.
Key Responsibilities:
- Leadership and Team Management:
- Lead and develop the accounting team.
- Foster a culture of continuous improvement and professional development.
- Provide training and mentorship to team members to enhance their skills and knowledge.
- Collaborate with cross-functional teams to support overall business objectives.
- Conduct performance reviews and provide feedback to team members.
- Financial Reporting and Compliance:
- Ensure compliance with accounting standards, regulatory requirements, and internal policies.
- Oversee month-end and year-end closing processes.
- Improve the monthly closing process.
- Coordinate with external auditors for annual audits and ensure timely submission of audit requirements.
- Prepare and submit financial reports to senior management and stakeholders.
- Compliance and Internal Controls
- Ensure all accounting operations comply with federal, state, and local laws and regulations.
- Develop and maintain internal control systems to safeguard company assets and ensure the integrity of financial information.
- Coordinate and support external and internal audits, ensuring timely and accurate audit processes
- Tax Compliance
- Ensure compliance with tax regulations.
- Cost Control and Management:
- Monitor and control costs, including material, labor, SG&A, and overhead expenses.
- Implement cost reduction initiatives and process improvements.
- Analyze cost structures and identify opportunities for efficiency improvements.
- Ensure accurate product costing and inventory valuation.
- Operational Support:
- Partner with operations management to provide financial insights and support for operational decision-making.
- Develop and maintain financial models to support capacity planning, production scheduling, and capital investment decisions.
- Monitor and manage working capital, including inventory, receivables, and payables.
- Supervise payroll processing and ensure compliance with relevant laws and regulations.
- Technology and Process Improvement
- Oversee the implementation and maintenance of financial software and systems.
- Identify opportunities for process improvements to enhance efficiency and accuracy in financial operations
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field; CPA or CMA certification a plus.
- 7 years of experience in accounting or finance, with a focus G.A.A.P compliance in an manufacturing environment.
- Proven experience in financial reporting.
- Strong knowledge of G.A.A.P, manufacturing processes, cost accounting, and inventory management.
- Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
- Excellent analytical, problem-solving, and decision-making abilities.
- Strong leadership and team management skills.
- Effective communication and interpersonal skills.
- Attention to detail and a high level of accuracy.
Preferred Qualifications:
- MBA or advanced degree in finance or accounting.
- Active CPA license
- Experience with process improvement principles and practices.
- Familiarity with SOX compliance and internal controls.
Job Type: Full-time
Pay: $180,000.00 - $220,000.00 per year
Benefits:
- 401(k)
- 401(k) 3% Match
- 401(k) matching
- Dental insurance
- Disability insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Physical Setting:
- Office
Schedule:
- Monday to Friday
Work Location: In person
Salary : $180,000 - $220,000