Assistant Controller

$100,000 - $120,000/Yr

PangeaTwo - Birmingham, AL

Full-time - Mid Level

Birmingham, AL

About the position

The Assistant Controller position at our client, a leading distribution company in Birmingham, Alabama, is a pivotal role that focuses on maintaining the financial integrity of the organization while supporting its growth and success. The company is dedicated to delivering high-quality products and services, and the Assistant Controller will play a crucial part in ensuring that all accounting operations are conducted efficiently and in compliance with relevant standards and regulations. This role requires a detail-oriented individual with a strong background in accounting and finance, as well as the ability to manage a team effectively. In this role, the Assistant Controller will supervise the accounts receivable (AR), accounts payable (AP), and staff accounting teams, ensuring that all financial records are accurate and that the processing of receivables and payables is efficient. The Assistant Controller will also be responsible for conducting monthly bank reconciliations, reviewing financial data and reports for accuracy, and preparing detailed financial reports for senior management. These reports will highlight key financial metrics and insights that are essential for strategic decision-making. Additionally, the Assistant Controller will coordinate and manage various annual audits, including financial, operational, and compliance audits. This includes overseeing significant inter-company transactions and processes, implementing robust internal controls, and ensuring the integrity of inter-company financial data. The role also involves supporting daily cash management and banking operations, monitoring cash flow, managing bank relationships, and ensuring sufficient liquidity for operational needs. The Assistant Controller will be expected to take on additional responsibilities and special projects as required, demonstrating flexibility and adaptability to meet the evolving needs of the company.

Responsibilities

• Supervise and provide guidance to the AR, AP, and staff accounting teams.
• Ensure efficient processing of receivables and payables, maintain accurate financial records, and foster a collaborative and high-performance work environment.
• Oversee and perform monthly bank reconciliations to ensure all transactions are accurately recorded and discrepancies are promptly addressed.
• Conduct thorough reviews of financial data, statements, and reports to ensure accuracy and compliance with accounting standards.
• Prepare detailed financial reports for senior management, highlighting key financial metrics and insights to support strategic decision-making.
• Coordinate and manage various annual audits, including financial, operational, and compliance audits.
• Oversee the management of significant inter-company transactions and processes, ensuring accurate and timely cash and GL transfers.
• Implement and maintain robust internal controls to ensure the integrity of inter-company financial data.
• Perform and oversee the reconciliation of balance sheet GL accounts monthly, identifying and resolving discrepancies.
• Support the daily cash management and banking operations, including monitoring cash flow, managing bank relationships, and ensuring sufficient liquidity for operational needs.
• Execute banking transactions and address any issues that arise promptly.
• Take on additional responsibilities and special projects as required.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field; CPA or CMA preferred.
• Minimum of 5 years of progressive accounting experience, with at least 2 years in a supervisory or managerial role.
• Strong knowledge of GAAP and financial reporting.
• Proficiency in accounting software and Microsoft Office Suite.
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving abilities.
• High level of integrity and attention to detail.