Assistant Controller

$85,000 - $90,000/Yr

Financialpeople Staffing - Buffalo, NY

posted 6 months ago

Full-time - Mid Level
Buffalo, NY
Administrative and Support Services

About the position

The Assistant Controller position at our client, a leading manufacturing company based in Western New York, is a pivotal role that supports the financial operations of the organization. This full-time position offers a competitive salary range of $85,000 to $90,000 per year and is designed for an individual who is ready to take on significant responsibilities in the accounting department. Reporting directly to the Controller, the Assistant Controller will assist in various accounting functions, with a particular emphasis on costing. This role is not only crucial for the day-to-day financial management of the company but also presents substantial career growth potential for the right candidate who demonstrates strong leadership, analytical skills, and a commitment to excellence. In this role, the Assistant Controller will manage costing activities, which include analyzing manufacturing costs and variances to identify areas for improvement. The successful candidate will develop and maintain financial cost reports necessary for standard and gross margin analysis, ensuring that the company maintains its competitive edge in the manufacturing sector. Collaboration with cross-functional teams will be essential to ensure accurate costing and effective cost control measures are implemented throughout the organization. The Assistant Controller will also support the month-end and year-end close processes, which involve preparing journal entries, performing reconciliations, and generating financial reports. Additionally, the role includes assisting in budgeting and forecasting processes, providing insights and analysis that will inform strategic decision-making. Establishing and maintaining internal controls to safeguard company assets and mitigate financial risks will be a key responsibility, as will preparing audit work papers and assisting with external audits as needed. The Assistant Controller will also respond to tax notices and manage compliance with regulatory requirements, ensuring that the company adheres to all financial regulations. Furthermore, providing support and training to accounting staff will be an important aspect of this role, as will contributing to special projects and initiatives as assigned by management.

Responsibilities

  • Assist the Controller in overseeing the day-to-day accounting operations of the company.
  • Manage costing activities, including analyzing manufacturing costs and variances to identify areas for improvement.
  • Develop and maintain financial cost reports necessary for standard and gross margin analysis.
  • Collaborate with cross-functional teams to ensure accurate costing and cost control measures.
  • Support month-end and year-end close processes, including journal entries, reconciliations, and financial reporting.
  • Assist in budgeting and forecasting processes, providing insights and analysis to inform decision-making.
  • Help establish and maintain internal controls to safeguard company assets and mitigate financial risks.
  • Prepare audit work papers and assist with external audits as needed.
  • Respond to tax notices and manage compliance with regulatory requirements.
  • Provide support and training to accounting staff as necessary.
  • Contribute to special projects and initiatives as assigned by management.

Requirements

  • Bachelor's degree in Accounting or Finance required.
  • Minimum of 5 years of progressive accounting experience, with a focus on costing, preferably in a manufacturing environment.
  • Strong understanding of cost accounting principles and practices.
  • Proficiency in Microsoft Excel.
  • ERP System experience.
  • Excellent analytical and problem-solving skills.
  • Ability to communicate effectively with cross-functional teams.
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