What are the responsibilities and job description for the Assistant Controller position at NAPCO Security Technologies?
Position: Assistant Controller
Company: NAPCO Security Technologies, Inc.
Location: Amityville, NY
Reports to: Controller
The Company: NAPCO Security Technologies, Inc., headquartered in Amityville, Long Island NY, is a world-wide leader in the manufacturing of electronic security systems for over 45 years is expanding our accounting and finance department and is looking for an Assistant Controller for our growing, publicly traded company. The Assistant Controller will play a key role in supporting the Controller with the preparation, analysis, and reporting of financial statements, ensuring compliance with GAAP, SEC regulations, and other applicable standards. This individual will assist in managing the day-to-day accounting functions and contribute to the overall financial management of the company. A strong understanding of working within a manufacturing environment is essential for success in this role.
Responsibilities:
• Supervision of accounts receivable, accounts payable and the general accounting department.
• Oversee and review general ledger activities, including journal entries, account reconciliations, and intercompany transactions.
• Ensure accurate inventory accounting, including proper valuation, costing methods and reconciliation of inventory balances.
• Ensure all financial reports comply with GAAP and SEC regulations, maintaining accuracy and timeliness.
• Coordinate with external auditors for year-end audits and quarterly reviews, ensuring all necessary documentation is available.
• Review accounting processes, ensuring adherence to company policies and procedures.
• Maintaining and enhancing SOX controls.
• Managing month-end closing.
• Assisting in preparation of 10Ks and 10Qs and the related supporting disclosures.
• Assist in the preparation and review of consolidated financial statements, including balance sheets, income statements, cash flow statements, and related disclosures.
• Assist in the preparation of quarterly and annual filings (10-Q, 10-K, etc.).
• Assist in managing the month-end and year-end close process, ensuring all deadlines are met.
• Assist in the design, implementation, and maintenance of internal controls.
• Assist in monitoring and evaluating internal controls and recommend improvements to processes and safeguard company assets.
• Assist in the preparation and review of monthly, quarterly, and annual budgets.
• Help maintain the chart of accounts and ensure proper accounting treatment for complex transactions.
Requirements:
• Bachelor’s degree in accounting
• The ideal candidate will be a CPA or CPA candidate with 3 years of Public experience which should include experience auditing publicly-traded companies.
• Strong understanding of inventory accounting and experience with manufacturing companies.
• Strong understanding of GAAP.
• Strong analytical skills with the ability to interpret financial data and make recommendations.
• Detail-oriented, with a focus on accuracy and meeting deadlines.
• Ability to manage multiple priorities and work under pressure in a fast-paced environment.
• Strong interpersonal and communication skills, with the ability to collaborate across departments and interact with senior management.
• Proficiency in Microsoft Excel.
Compensation and Benefits: We offer an attractive employment package including a competitive salary, 401(k), paid vacation, personal time off, paid holidays, long term disability insurance, tuition reimbursement, medical insurance, dental insurance, life insurance, and excellent growth potential.
