As an assistant controller, you manage daily accounting tasks, prepare financial reports, and ensure everything complies with regulations. You assist with budgeting, financial analysis, and help keep the company's finances in order, supporting long-term financial planning.
Assistant Controller: Main duties
Assistant Controllers in the Finance field handle essential tasks and contribute significantly to achieving team and organizational goals. Here are some of their primary responsibilities:
- Assist in preparing accurate monthly financial statements and reports.
- Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
- Ensure accounting records are maintained and organized in compliance with accepted policies and procedures.
- Manage budgets, forecasts, and internal financial plans and processes.
- Support the Controller in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policies.
- Assist with tax preparations, audits, and identifying and resolving discrepancies.
- Analyze financial data, monitor and create financial models for decision support.
Assistant Controller: Key Qualifications
- Bachelor’s degree in Accounting, Finance, or related field.
- CPA or equivalent qualification is highly desirable.
- Proven experience as an assistant controller or other similar position.
- Strong understanding of accounting, finance, and operational principles.
- Experience with accounting software, ERP systems, and financial reporting tools.
Basic Skills and Requirements for Assistant Controllers
- Strong analytical skills and attention to detail.
- Excellent management and supervisory skills.
- Exceptional ability to analyze and create modeling for business operations and financials required for budgeting and forecasting.
- Ability to work and communicate effectively with all levels of operations and senior management.
- Excellent written and verbal communication skills.
| Job | Branch | Avg. US Salary |
|---|---|---|
| Assistant Controller | Finance | 87,830 USD |
The average salary for an Assistant Controller in the U.S. is approximately $87,830 per year and can vary from entry-level to senior positions. Assistant Controllers may receive a wide range of benefits.
| Level | Experience | Avg. Salary per Year |
|---|---|---|
| Veteran | 20+ years | $109,788 |
| Senior | 11+ years | $96,613 |
| Experienced | 6-10 years | $87,830 |
| Mid Level | 3-5 years | $79,047 |
| Entry Level | 0-2 years | $65,873 |
To explore more detailed salary information, including specific salary estimates in your country, visit the Assistant Controller Salary Country Overview.
Career Path for Assistant Controllers
Assistant Controllers have several pathways for advancement, typically moving up to become Financial Controllers, Chief Financial Officers, or finance directors within larger organizations. This progression can involve gaining experience across different businesses or industries, further professional certification, and the development of a strong track record in financial management and strategic planning.
Assistant Controller: Work Environment
Assistant Controllers work primarily in office settings, typically within corporate or departmental headquarters. The role can be demanding, especially during financial closing periods, budget reviews, and audits, often requiring extended hours. The work involves significant use of computer systems for financial modeling, data analysis, and report generation.
Cityjobs.info provides not only a detailed Assistant Controller job description but also insights about salary data in different countries worldwide.
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