Assistant Financial Controller

Position Overview
The Assistant Financial Controller will report to the Financial Controller who's responsible for all accounting related activities, including managerial accounting, high-level accounting and finance activities, for the medical practice. The financial controller reports to a chief financial officer (CFO). The controller collaborates with external auditors and ensures the company follows all reporting guidelines and procedures. These professionals also set, monitor and implement organizational financial control.

Essential Functions
The main role will be to assist the financial controller with their primary responsibilities that center on ensuring the business runs effectively and efficiently, and some of their most common duties include:

The assistant will be given duties that will help with accounting, including billing, accounts receivable, accounts payable, general ledgers, cost accounting, revenue recognition and inventory accounting

The assistant will gather important data in order to help the controller create and deliver budgetary financial forecasts for approval at the board meetings.

The assistant will help coordinating regulatory reporting

Preparing and publishing monthly financial statements

Researching technical accounting issues for compliance

Ensuring quality control for financial reporting and transactions

Managing and complying with reporting requirements and tax filings for local, state and federal government

Developing and documenting accounting policies and business processes to strengthen internal controls

Work Experience

Required Experience:
1 to 2 years
Candidates also have at least one year of experience in an accounting role.

Physical Demands and Work Environment
This role follows a Monday through Friday schedule with traditional hours, though job duties sometimes may require overtime or weekend hours, especially during busy financial reporting periods.

The assistant controller will learn the skill sets required to eventually step into a future financial controller role. Financial controllers often have an in-depth understanding of accounting and business concepts. This position also is analytical because the controllers analyze financial reports and transactions for quality control.

Education

Required Degree Level:
A bachelor's degree in finance, accounting, business administration, or another closely related field.

Requirement for the controller will have a certification in public accountant (CPA) credentials. Although CPA requirements vary from state to state, most require at least 150 semester hours of undergraduate education, which is about 30 more credits than most students complete within a bachelor's degree program. Candidates also have at least one year of experience in an accounting role.