Assistant Controller

Job Description

Job Description

The Assistant Controller plays a critical role in supporting Finance Director in managing accounting operations, financial reporting and government contracting compliance for the Long Beach location. This position focuses on ensuring accurate financial reporting, SOX compliance and adherence to industry standards. The role requires strong analytical skills, attention to detail, and the ability to work collaboratively across departments.

Pay Range: $110,000.00 to $140,000.00, depending on experience

Essential Duties and Responsibilities

This is not intended as a comprehensive list; it is intended to provide a representative summary of the major duties and responsibilities. Incumbent(s) may not be required to perform all duties listed, and may be required to perform additional, position-specific tasks.

Inventory & Cost Accounting

• Oversee inventory accounting processes, including valuation, reconciliation, and reporting.
• Maintain and analyze costs, variances, and manufacturing overhead allocations.
• Partner with operations and supply chain teams to ensure accurate inventory tracking and cost control.

 

Program Finance & EAC Management

• Works closely with Business Development/Program Managers to ensure accurate and consistent financial reporting, revenue recognition timing determination, and project billing. Clearly understands the overall schedule, phase and timeline of each project.
• Partner with operations and supply chain teams to ensure accurate inventory tracking and cost per project.
• Review Estimate at Completion (EAC) reports, ensuring accuracy and alignment with program budgets.
• Proactively monitors program financial performance and address concerns with Project Managers, escalates larger issues to Finance Director.
• Reviews reconciliation of cost data between project cost ledgers and accounting systems.
• Identifies and appropriately notifies the Project Manager of outstanding AR issues; works with the Project Manager to resolve outstanding AR items and teams with accounts receivables on invoice payments/collections as appropriate.
• Participates in Project Reviews during life cycle of project; runs various project reports to include billing worksheets, labor detail reports, unbilled detail reports, etc. used for project review and analysis.

 

Financial Reporting & Compliance

• Manage monthly and yearend close process, including journal entries and account reconciliations review.
• Oversee accounts payable, accounts receivable, and payroll functions as needed.
• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.
• Maintain and enhance internal controls, accounting procedures, and internal financial policies to ensure compliance and operational efficiency
• Support internal and external audits, providing documentation and resolving inquiries.

 

Process Improvement & Systems

• Identify opportunities to streamline accounting processes and improve efficiency.
• Support ERP system enhancements and automation initiatives.

 

Team Leadership

• Supervise and mentor accounting staff, fostering a culture of accuracy and accountability.