Principal Duties and Responsibilities
The Assistant Controller is responsible for managing, leading, and developing direct reports, all Finance team members other than the Controller. Capable of performing the tasks of the Controller in their absence.
Business Partnering
Capable of presenting financial information and perspectives to all levels of the organization, including C-suite and Board of Directors. Identify business risk and opportunities with cross-functional teams and develop mitigation plans as necessary. Automate standard work processes to reduce the administrative burden and risk of error. Prepare robust and diligent financial business cases for capital investment proposals. Capable of performing in-depth financial analysis that facilitates decision making.
Budgeting
Lead the annual budget process, ensuring timely completion of deliverables and challenging departments with respect to expense, capital productivity, and headcount plans. Prepare, distribute, and consolidate budget review files in collaboration with departments. Loading of financial statements into divisional and corporate consolidation systems.
Forecasting
Preparation and presentation of monthly rolling forecast updates for income statement, balance sheet, and cash flow. Maintain confidential personnel database to ensure accurate financial forecasting.
Period Close Management
Lead the monthly and quarterly close cycles, supporting the team as necessary to prepare the full set of financial statements and present to the Controller. Business Review
Co-ordination and preparation of the monthly business review package, ensuring accurate information is received timely from other departments and challenging as necessary.
Compliance
SOX compliance, SPA - liaison with internal and external audit, and coordinate documentation requests with internal departments. Provide information for local state and federal tax requirements, engaging Corporate tax personnel as necessary. Maintain RCM and critical testing documentation to reflect business conditions.
Inventory Ownership
Ownership of inventory control scope, related entries, and account reconciliations, ensuring accuracy and compliance with accounting standards. Prepare work order variance analysis, identify root causes, and take corrective actions. Ensure inventory risk is reviewed monthly and appropriate reserves are made. Prepare annual cost roll data and lead the implementation process. Oversight of the cycle count process and results, ensuring accuracy is >95 and implementing improvement actions as necessary. Lead the annual physical inventory process and ensure effective designation of duties across the team, collation of results, and communication of outcome.
Required Behaviors
Independent critical thinking ability and able to drive improvements without prescriptive instructions. Capable of presenting to various levels of management. Able to prioritize effectively, work calmly under pressure, and manage time constraints. Drives high performance across the organization and leads with integrity. Demonstrates initiative in leading the team, non-Finance personnel, and assigned projects. Diligent and thorough with attention to detail. Positive attitude to work and willingness to grow in the role. Solid demonstrable understanding of US GAAP and State/Federal tax laws.
This role is required to be on-site 5 days a week at the Commerce CA location.