What does an Assistant Controller do?
Published 3 min read
An assistant controller is responsible for a company's financial statements and reports. They work with the controller to ensure that all financial records are accurate and up to date. They also prepare budgets and forecasts, and help to develop financial strategies.
Assistant Controller job duties include:
- Assisting the controller in preparing financial statements
- Assisting the controller in preparing budgets
- Assisting the controller in preparing cash flow projections
- Assisting the controller in preparing tax returns
- Assisting the controller in preparing audit reports
- Maintaining financial records
- Reconciling bank statements
- Processing invoices
- Issuing payments
Assistant Controller Job Requirements
The Assistant Controller position requires a minimum of a Bachelor's degree in accounting or finance, plus five years experience in progressively responsible positions in accounting. CPA certification is preferred. The Assistant Controller must have excellent interpersonal, communication, and supervisory skills. They must be able to work independently and be able to handle multiple tasks simultaneously while meeting deadlines.
Assistant Controller Skills
- Communication
- Organization
- Time management
- Prioritization
- Multitasking
- Problem solving
- Critical thinking
- Decision making
- Attention to detail
- Accuracy
- Teamwork
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How to become an Assistant Controller
The Assistant Controller is responsible for assisting the Controller in the daily operation of the accounting department. This includes preparing journal entries, maintaining the general ledger, and producing financial statements. The Assistant Controller may also be responsible for supervising staff and overseeing special projects.
To become an Assistant Controller, one should first earn a bachelor’s degree in accounting or a related field. Many employers also require that candidates have at least five years of experience working in an accounting or finance role. CPA certification is often preferred but not always required. Strong analytical, problem-solving, and communication skills are essential for success in this role.
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