Assistant Controller

Job Description

Job Description

Description:

Position Overview

Trans Lease is seeking an Assistant Controller to support the finance and accounting function for an equipment lease and finance platform. This role is responsible for supporting the month-end close, maintaining balance sheet integrity, improving accounting processes and controls and supporting audit readiness and reporting accuracy.

The Assistant Controller partners closely with the Vice President of Finance and the Accounting Manager to ensure timely financial reporting, proper accounting treatment across the lease lifecycle and strong internal governance. This position is ideal for a hands on accounting leader who can work in the details, manage deadlines and improve how work gets done.

Key Responsibilities

Month-End Close & Financial Reporting

• Support the monthly and year-end close process, including close schedules, timelines, and supporting documentation.
• Prepare and review journal entries, schedules and reconciliations to ensure accuracy and completeness.
• Assist with preparation of monthly and annual financial statements, management reporting and supporting schedules.
• Ensure accounting records and reporting are aligned with GAAP and internal standards.

Balance Sheet & Reconciliations

• Own and maintain key balance sheet schedules and reconciliations, including lease receivables, unearned income and funding liabilities.
• Ensure reconciling items are identified quickly and resolved timely.
• Maintain consistent documentation standards to support internal review, audit support and lender reporting.

Lease & Portfolio Accounting

• Support correct accounting treatment for new originations, modifications and early terminations.
• Support accurate recognition of interest income, fee income, depreciation, impairments and residual values.
• Assist in monitoring credit loss provisioning (e.g., CECL / allowance) in coordination with the VP of Finance and internal stakeholders.

Audit, Compliance & Internal Controls

• Support external audit activities and preparation of schedules, documentation and audit requests.
• Assist in maintaining and improving accounting policies, procedures and internal controls.
• Support compliance requirements, including state, local and special tax filings as needed.

Banking & Lender Support

• Support covenant reporting and lender information requests, ensuring completeness and accuracy of supporting schedules.
• Assist in preparing financial deliverables used in bank reporting and lender communications.

Process Improvement & Systems

• Identify process improvement opportunities within the close process, reconciliations, reporting workflows and documentation.
• Help drive process automation and system improvements to improve accuracy, speed and scalability.

Team Support & Collaboration

• Partner with the Accounting Manager to support daily execution, close readiness and workload prioritization.
• Provide guidance and support to accounting team members on technical accounting, documentation standards and reconciliations.
• Support a culture of accountability, continuous improvement and collaboration.

Other

• Additional duties as assigned.

Required Education, Experience, Knowledge & Skills

• Bachelor’s degree in Accounting (CPA preferred but not required).
• 5+ years of progressive accounting experience, ideally within equipment finance, leasing, lending or financial services.
• Strong understanding of GAAP and experience supporting month-end close, reconciliations and audits.
• Strong attention to detail and ability to manage multiple deadlines.
• Advanced Excel skills and ability to work comfortably with schedules and reconciliations.
• Strong communication skills, including the ability to work across teams and communicate accounting topics clearly.