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Assistant To Financial Controller Jobs in Minnesota

Prepare and present financial reports to the COO and board finance and audit committees. Assist ... Financial Controller can be substituted on a year-for-year basis. 2-3 years of accounting ...

Prepare and present financial reports to the COO and board finance and audit committees. Assist ... Financial Controller can be substituted on a year-for-year basis. 2-3 years of accounting ...

Assistant Controller

Burnsville, MN · Hybrid

$105K - $175K/yr

Job Summary We're seeking an Assistant Controller to support the financial operations of our Naval Electronics' business unit. This is a high-impact leadership role for an accounting professional who ...

This position will report directly to the VP Finance and Controller. The position will prepare ... The Assistant Controller will be responsible for assisting and training others in the department.

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Assistant To Financial Controller information

What does an Assistant to Financial Controller do?

An Assistant to Financial Controller supports the Financial Controller in managing the company's financial operations. Typical duties include preparing financial reports, reconciling accounts, assisting with budgeting and forecasting, and ensuring compliance with financial regulations. They may also help with audits, process invoices, and support month-end and year-end closing procedures. This role requires strong attention to detail, organizational skills, and proficiency with accounting software. The assistant acts as a vital support to ensure the smooth and accurate handling of financial data within the organization.

What is the difference between Assistant To Financial Controller vs Financial Analyst?

AspectAssistant To Financial ControllerFinancial Analyst
Required CredentialsTypically a bachelor's degree in finance, accounting, or related field; certifications like CPA or CMA are a plusBachelor's degree in finance, accounting, economics, or related; certifications like CFA are common
Work EnvironmentOffice setting within finance or accounting departments, supporting financial managementOffice environment, analyzing financial data, preparing reports, and forecasting
Employer & Industry UsageUsed in corporate finance, accounting firms, and large organizations to assist financial controllersCommon in investment firms, corporations, and consulting firms for financial planning and analysis

The Assistant To Financial Controller primarily supports the financial management team with administrative and accounting tasks, while the Financial Analyst focuses on analyzing financial data to guide business decisions. Both roles require finance-related credentials and are integral to financial operations, but they differ in responsibilities and focus areas.

What are the key skills and qualifications needed to thrive as an Assistant to Financial Controller, and why are they important?

To thrive as an Assistant to Financial Controller, you need a solid grasp of accounting principles, financial reporting, and often a relevant degree or bookkeeping certification. Familiarity with accounting software such as QuickBooks, SAP, or Oracle, as well as strong Excel skills, is typically required. Attention to detail, organizational skills, and the ability to communicate clearly help you manage tasks efficiently and support the financial controller. These skills are crucial for ensuring accurate financial records, supporting compliance, and maintaining smooth financial operations.

What are some typical challenges faced by an Assistant to Financial Controller, and how can they be effectively managed?

Assistants to Financial Controllers often encounter challenges such as managing multiple deadlines, ensuring accuracy in financial data, and adapting to evolving compliance requirements. Effective time management and organizational skills are essential to prioritize tasks, while attention to detail helps minimize errors in reports and reconciliations. Regular communication with the Financial Controller and other team members ensures alignment on priorities and facilitates prompt resolution of any discrepancies. Familiarity with accounting software and willingness to learn new systems can also help manage workflow more efficiently.
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Financial Controller

Financial Controller

Malton Electric Company

Virginia, MN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 16 days ago


Job description

Benefits:
  • 401(k)
  • 401(k) matching
  • Bonus based on performance
  • Competitive salary
  • Dental insurance
  • Health insurance
  • Paid time off
  • Training & development
  • Vision insurance

Financial Controller
Malton Electric is seeking a Financial Controller to join our team in Virginia, Minnesota. As a trusted provider of electric motor sales, service, repair, and engineered solutions, Malton Electric is committed to delivering exceptional quality and customer service across the mining and industrial sector. The Financial Controller will play a critical role in maintaining the company's financial health by overseeing accounting operations, ensuring regulatory compliance, supporting strategic decision-making, and providing accurate financial reporting. This position partners closely with leadership to drive operational efficiency, manage financial risk, and support the company's continued growth.
Responsibilities
  • Oversee all internal accounting operations, including general ledger, accounts payable, accounts receivable, payroll, and financial reporting.
  • Monitor budgets, financial forecasts, and key performance indicators as well as  analyze financial performance, operating costs, and profitability to provide recommendations that support business objectives and improve operational efficiency.
  • Monitor cash flow, working capital, and financial risks while identifying opportunities to improve processes and strengthen financial performance.
  • Maintain and build relationships with vendors, customers, financial institutions, and tax professionals to ensure timely and accurate financial transactions. Review and negotiate terms with vendors as needed. 
  • Fully utilize the existing operational software (Motorbase) to organize and update all finances to ensure payments are made in a timely manner and required reports are easily accessible. 
  • Prepare monthly, quarterly, and annual financial statements, budgets, forecasts, and cash flow analyses.
  • Coordinate annual audits and assist with tax reporting and regulatory filings.
  • Stay informed of accounting standards, financial regulations, and industry trends to ensure ongoing compliance.
Qualifications
  • Bachelor's degree in Accounting, Finance, or a related field required; Master's degree preferred.
  • Certified Public Accountant (CPA) or Certified Management Accountant (CMA) preferred, or equivalent experience. 
  • Five or more years of progressive accounting or financial management experience, preferably in mechanical engineering, industrial services, or a related industry.
  • Experience with ERP/accounting systems and advanced proficiency in Microsoft Excel.
  • Excellent analytical, organizational, and problem-solving skills with exceptional attention to detail. 
  • Strong communication and interpersonal skills with the ability to collaborate across departments and present financial information. 
  • Ability to manage multiple priorities in a fast-paced, customer-focused environment.
Benefits:
  • 401(k)
  • 401(k) matching
  • Competitive Salary
  • Dental insurance
  • Health insurance
  • Vision insurance
  • Paid time off