Assistant Controller
Job Description
Assistant Controller
Salary: $130,000- $145,000
Assistant Controller
Job Summary
We are seeking an experienced and results-driven Assistant Controller to support the Controller in overseeing the company's accounting operations within a fast-paced manufacturing environment. The Assistant Controller will play a key role in financial reporting, cost accounting, budgeting, internal controls, and strategic financial planning. This position will partner closely with operations and executive leadership to identify cost-saving opportunities, improve financial performance, and support business growth.
The ideal candidate has a strong manufacturing accounting background, experience with cost accounting and inventory management, and a proven ability to drive process improvements and operational efficiencies.
Key Responsibilities
Financial Leadership & Reporting
- Assist in managing the daily operations of the accounting department, including general ledger, accounts payable, accounts receivable, payroll, fixed assets, and inventory accounting.
- Prepare and review monthly, quarterly, and annual financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
- Support month-end and year-end close processes, ensuring accuracy and timeliness.
- Maintain and strengthen internal controls to safeguard company assets and ensure compliance.
- Assist with annual audits, tax reporting, and regulatory compliance.
Manufacturing & Cost Accounting
- Oversee standard costing, inventory valuation, bill of materials (BOM) accuracy, and manufacturing variances.
- Analyze material, labor, and overhead costs to identify trends and improvement opportunities.
- Monitor inventory transactions, cycle counts, and physical inventories to ensure financial accuracy.
- Partner with production and operations teams to improve manufacturing efficiencies and reduce operating costs.
- Evaluate production performance and provide financial analysis to support operational decision-making.
Strategic Planning & Cost Savings
- Identify, recommend, and implement cost-saving initiatives across manufacturing and corporate operations.
- Develop financial models and profitability analyses to support strategic business decisions.
- Participate in budgeting, forecasting, and long-range financial planning.
- Monitor key performance indicators (KPIs) and provide actionable recommendations to improve profitability.
- Support capital investment analyses and return-on-investment (ROI) evaluations for equipment, automation, and operational improvements.
- Collaborate with cross-functional leaders to drive continuous improvement initiatives and operational excellence.
Leadership & Team Development
- Supervise, mentor, and develop accounting staff, fostering a culture of accountability and continuous improvement.
- Assist in establishing departmental goals, performance expectations, and professional development plans.
- Promote collaboration between Accounting, Operations, Supply Chain, Purchasing, and Production teams.
- Serve as a trusted advisor to the Controller and executive leadership on financial and operational matters
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Job Requirements
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field required.
- CPA or CMA certification preferred.
- Minimum of 5 years of progressive accounting experience, with at least 3 years in a manufacturing environment.
- Previous supervisory or leadership experience preferred.
- Strong knowledge of GAAP, cost accounting, inventory accounting, and manufacturing financial processes.
- Experience with ERP systems in a manufacturing environment (such as Epicor, SAP, Oracle, Microsoft Dynamics, Infor, or NetSuite).
- Advanced proficiency in Microsoft Excel, including financial modeling, pivot tables, and data analysis.
Preferred Skills
- Demonstrated success identifying and implementing cost reduction and operational improvement initiatives.
- Strong analytical, problem-solving, and strategic thinking skills.
- Experience with budgeting, forecasting, and financial planning and analysis (FP&A).
- Knowledge of lean manufacturing, continuous improvement, or Six Sigma principles is a plus.
- Excellent communication and presentation skills with the ability to explain financial information to non-financial stakeholders.
- Ability to manage multiple priorities while meeting deadlines in a dynamic manufacturing environment.
Key Competencies
- Strategic Financial Planning
- Manufacturing & Cost Accounting
- Cost Reduction & Process Improvement
- Financial Analysis
- Budgeting & Forecasting
- Inventory Management
- Internal Controls & Compliance
- Leadership & Team Development
- Business Partnership
- Operational Decision Support