ASSISTANT CONTROLLER
ROLE OVERVIEW
We are seeking an Assistant Controller to support the Controller in managing the organization’s financial activities and ensuring accurate financial reporting. This role involves overseeing accounting operations, preparing financial statements, and ensuring compliance with accounting standards and regulations. The Assistant Controller also plays a key role in budgeting, financial analysis, and internal controls. The Ideal Candidate will come from Aviation and have experience in airframe parts & MRO. This person will be a change agent with a tenacity to solve a problem and a strong ability to manage the team to clear KPIs.
RESPONSIBILITIES
• Lead a team of 4 and ensure the transparency of resources for the accounting department to function efficiently.
• Assist in the preparation and review of monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with GAAP (Generally Accepted Accounting Principles) and other relevant standards.
• Oversee day-to-day accounting functions, including accounts payable, accounts receivable, payroll, and general ledger maintenance.
• Implement and monitor internal controls to safeguard company assets and ensure the accuracy of financial records.
• Support the budgeting and forecasting processes by preparing reports, analyzing variances, and providing financial insights to assist in strategic planning.
• Assist in the coordination of internal and external audits, including the preparation of supporting documentation and responses to auditor inquiries.
• Ensure compliance with financial regulations, company policies, and accounting standards. Stay updated on changes in accounting regulations and best practices.
• Conduct financial analysis and generate reports to identify trends, variances, and opportunities for improvement. Provide recommendations based on analysis.
• Identify opportunities for process improvements in accounting operations and implement enhancements to increase efficiency and accuracy.
REQUIREMENTS
• A minimum of a bachelor’s degree in accounting, finance, or a related field is required; CPA designation strongly preferred.
• 8+ years working in accounting or finance in Aviation, with a minimum of 4 years in a supervisory or managerial role. Experience with mergers & acquisitions and/or private equity is a strong advantage.
• You have In-depth understanding of accounting principles and financial regulations.
• Strong experience with warehousing of parts, large inventory counts and turns. In-depth understanding of accounting software including Quantum Control by Component Control (ERP) and Microsoft Excel.
COMPENSATION
A competitive compensation package will be developed for the successful candidate that includes an excellent base salary, performance-based bonus and additional offerings commiserate with role.