Assistant Controller Job Description [Updated for 2025]

In the realm of finance, the importance of assistant controllers cannot be overstated.

As the financial landscape evolves, the need for skilled professionals adept at managing, analyzing, and safeguarding the company’s financial health becomes more crucial.

But let’s delve deeper: What’s truly expected from an assistant controller?

Whether you are:

• A job seeker trying to grasp the core responsibilities of this role,
• A hiring manager crafting the perfect job candidate profile,
• Or simply curious about the world of financial management,

You’ve come to the right place.

Today, we present a tailored assistant controller job description template, designed for effortless posting on job boards or career sites.

Let’s get started.

Assistant Controller Duties and Responsibilities

Assistant Controllers handle accounting tasks and financial reporting for an organization.

They work under the guidance of the Controller to ensure that all financial operations are executed effectively and efficiently.

Assistant Controllers typically have the following duties and responsibilities:

• Assist in preparing financial reports such as balance sheets, income statements, and cash flow statements
• Oversee and manage daily accounting operations including accounts payable/receivable and general ledger
• Work with the Controller to develop and implement financial policies and procedures
• Review and approve journal entries and account reconciliations
• Ensure compliance with local, state, and federal government reporting requirements and tax filings
• Coordinate and complete annual audits
• Perform monthly financial analysis to identify trends, variances, and potential issues
• Support budget and forecasting activities
• Assist with payroll processing and management
• Participate in developing and implementing new accounting systems and processes

 

Assistant Controller Job Description Template

Job Brief

We are seeking a diligent Assistant Controller to support our financial management team.

The Assistant Controller’s responsibilities include overseeing the financial reporting process, preparing financial reports, coordinating with external auditors, and ensuring compliance with regulatory guidelines and requirements.

Our ideal candidate holds a professional certification (e.g., CMA, CPA), is well-versed in accounting principles, and has a strong understanding of financial reporting standards.

Ultimately, the role of the Assistant Controller is to ensure the accuracy and integrity of the company’s financial information and contribute to effective financial management and planning.

 

Responsibilities

• Assist in preparing financial statements and reports, end of year accounts, budgets, forecasts, and tax returns
• Ensure compliance with accounting and tax laws
• Coordinate with external auditors and manage internal controls
• Monitor the day-to-day financial operations, including payroll, invoicing, and other transactions
• Collaborate with financial team and other departments to optimize financial operations and information systems
• Contribute to financial risk management
• Assist in the development of financial strategies and long-term business plans
• Monitor and analyze monthly operating results against budget

 

Qualifications

• Proven work experience as an Assistant Controller, Accountant or similar role
• Professional certification (e.g., CMA, CPA)
• Strong knowledge of accounting principles and financial reporting standards
• Excellent understanding of data analysis and forecasting methodologies
• Proficient in MS Office, especially Excel, and financial software (e.g., SAP)
• Excellent organizational, leadership, and communication skills
• BSc/MSc degree in Accounting, Finance, or relevant field

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Assistant Controller
• Work Environment: This job operates in a professional office environment and routinely uses standard office equipment.
• Reporting Structure: Reports to the Controller or Chief Financial Officer.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $75,000 minimum to $120,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does an Assistant Controller Do?

An Assistant Controller typically works in the finance department of an organization, assisting the Financial Controller in managing the accounting operations.

They play a significant role in preparing financial statements, budgets, and forecasts.

They also aid in conducting internal audits and are often responsible for ensuring compliance with financial regulations.

Assistant Controllers are often tasked with supervising accounting staff, improving financial processes, and implementing best practices for financial systems.

They might also be responsible for the organization’s tax compliance and managing relationships with external auditors.

They play a critical role in analyzing the financial health of the company and providing relevant information for strategic decision-making processes.

In summary, an Assistant Controller assists in managing the overall accounting operations, ensuring accuracy, and compliance while contributing to the organization’s financial planning and strategy.

 

Assistant Controller Qualifications and Skills

An effective Assistant Controller will have a combination of financial expertise, strong leadership skills, and a meticulous attention to detail.

This role requires:

• Strong knowledge in financial accounting and reporting, with an understanding of Generally Accepted Accounting Principles (GAAP).
• Exceptional analytical skills, with the ability to review and interpret financial data and provide actionable insights.
• Proficiency in financial software programs and systems, with the ability to quickly adapt to new technologies.
• Strong leadership and team management skills, with a proven ability to mentor and guide a team of accounting professionals.
• Excellent communication skills, both written and verbal, for effective coordination with other departments and presentations to management.
• Strong organizational skills and attention to detail, necessary for managing multiple projects, meeting deadlines, and ensuring accuracy in financial reporting.
• Problem-solving skills to identify and address financial discrepancies, and implement effective solutions.
• A Bachelor’s degree in Accounting, Finance, Business, or a related field. Professional certifications such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA) are often preferred.

 

Assistant Controller Experience Requirements

The journey to becoming an Assistant Controller typically begins with earning a bachelor’s degree in accounting, finance, or a related field.

Upon graduation, individuals usually need to gain at least 2-3 years of experience in an entry-level accounting or financial role.

Entry-level roles such as Junior Accountant, Audit Associate, or Financial Analyst can provide valuable experience in financial reporting, auditing, and budgeting.

This helps to lay a solid foundation for the understanding of financial processes and systems, which is essential for the Assistant Controller role.

A candidate with around 5 years of experience, often in roles such as Senior Accountant or Financial Analyst, is usually considered ideal for the Assistant Controller role.

This individual should possess significant experience in overseeing accounting activities, preparing financial reports, and maintaining a system of accounting policies and procedures.

Those aiming for the Assistant Controller position may also need to demonstrate experience in managing others, as this role often involves supervising accounting staff.

In some industries or larger companies, candidates may also be required to hold a Certified Public Accountant (CPA) designation or a Master’s degree in Business Administration (MBA) along with their substantial work experience.

A combination of these qualifications and experiences will prepare an individual for the complex financial and managerial responsibilities of an Assistant Controller.

 

Assistant Controller Education and Training Requirements

Assistant Controllers typically have a bachelor’s degree in finance, accounting, or a related field.

They also require a strong knowledge of accounting principles and practices, and skills in financial software programs.

Many positions prefer candidates with a Certified Public Accountant (CPA) designation, which requires passing a national exam and meeting state-specific requirements.

In some cases, employers may require or prefer an Assistant Controller with a master’s degree in business administration (MBA) or a related field, especially for larger organizations.

Additionally, experience in a supervisory role within the finance or accounting department is often required or preferred.

Continuing professional education is crucial in this role due to the frequent changes in financial regulations and laws.

There are also numerous certifications available that demonstrate expertise in various aspects of finance and accounting, which can improve career prospects and potential for advancement.

 

Assistant Controller Salary Expectations

An Assistant Controller earns an average salary of $83,059 (USD) per year.

The actual salary can vary depending on years of experience, industry, company size, and geographical location.

 

Assistant Controller Job Description FAQs

What skills does an Assistant Controller need?

Assistant Controllers should possess strong financial knowledge, analytical thinking, and excellent problem-solving skills.

They also need to be proficient in accounting software and have good understanding of accounting principles and regulations.

Communication and management skills are also crucial for this role, as they often need to work closely with other finance team members, present reports to senior management, and supervise junior staff.

 

Do Assistant Controllers need a degree?

Yes, most Assistant Controllers need a bachelor’s degree in Accounting, Finance, or a related field.

Some employers may even prefer candidates with a Master’s degree in Business Administration or Accounting.

Professional certifications such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA) may also be required or highly preferred.

 

What should you look for in an Assistant Controller’s resume?

In an Assistant Controller’s resume, look for a strong background in accounting and financial management.

They should have experience in financial reporting, budgeting, auditing, and tax compliance.

Experience in a managerial position is also a plus.

Certifications such as a CPA or CMA are additional indicators of a strong candidate.

Familiarity with specific accounting software used by your company can be an added advantage.

 

What qualities make a good Assistant Controller?

A good Assistant Controller is detail-oriented and has excellent analytical skills to interpret complex financial data.

They should have strong leadership skills, as they often need to manage a team.

Excellent communication and interpersonal skills are also important, as they need to work with people across the organization.

They should have a strong ethical compass and a commitment to maintaining the highest standards of financial integrity and transparency.

 

Is it difficult to hire an Assistant Controller?

Finding the right Assistant Controller can be challenging due to the advanced qualifications and wide range of skills required for the role.

It is a crucial role within an organization’s finance department, thus, finding a candidate with the right mix of technical expertise, leadership skills, and strategic thinking ability can be time-consuming.

It’s important to offer competitive benefits and a clear path for career growth to attract top talent.

 

Conclusion

Voila!

Today, we unveiled the true essence of being an Assistant Controller.

And you know what?

It’s not just about crunching numbers.

It’s about shaping the financial future of a company, one financial statement at a time.

With our must-have Assistant Controller job description template and real-world instances, you’re ready to take the leap.

But why stop at that?

Delve further with our job description generator. It’s your guide to creating precision-crafted job listings or honing your resume to perfection.

Remember:

Every financial decision is a step towards the bigger goal.

Let’s reach that summit. Together.

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