Assistant Controller

King Ranch • Wharton, TX

8d • Hybrid

About The Position

The Assistant Controller will be responsible for a variety of accounting functions, including reviewing work for accuracy and compliance with U.S. GAAP and corporate policies, monitoring royalty contracts and managing revenue recognition, assisting with and reviewing payables, and performing periodic reviews and analysis of inventoried assets. This role will also involve reviewing general ledger reconciliations, monthly bank reconciliations, and journal entries. Additionally, the Assistant Controller will coordinate with the Retail and Corporate Controllers for timely close and reporting, prepare monthly operating reports, conduct cash flow forecasting, prepare and monitor KPIs, prepare annual budgets, coordinate audits, prepare regulatory reports, and coordinate the month-end and year-end closing process. The position also supports policy and procedure creation, process improvement for NetSuite ERP, development of operational and financial reporting, and requires strong communication skills with operations, a commitment to safeguarding company assets, and maintaining confidentiality.

Requirements

• Must be highly proficient in Microsoft Excel and capable of utilizing Microsoft Word programs.
• Excellent communication skills (verbal, written, and interpersonal), the ability to interact with all levels of management throughout the organization, and the initiative to get the job done.
• Must have a valid driver’s license in good standing.
• Minimum of a bachelor’s degree in accounting, finance, or business administration.
• Should have 5+ years’ accounting experience.

Nice To Haves

• Proficiency or familiarity with NetSuite, JD Edwards, Hubble, and Power BI.
• Results-oriented with the ability to prioritize your workload while performing multiple tasks.
• Detail-oriented in execution of work.
• Adaptable to various competing demands and demonstrate a high level of mental agility.
• Strong business acumen and acute problem-solving skills.
• Master’s degree is a plus.

Responsibilities

• Review work performed to ensure accuracy, identify and resolve issues and ensure compliance with U.S. GAAP and corporate policies.
• Monitor royalty contracts and manage related revenue recognition.
• Assist with and review input of vouchers, invoices, reports, and other payables items.
• Perform periodic review and analysis of inventoried assets across multiple operating locations.
• Review invoices for fixed asset determination.
• Schedule and perform periodic inventory and fixed asset count and reconciliation.
• Review general ledger reconciliations, including monthly bank reconciliations.
• Review monthly accrual and other journal entries as needed for operations.
• Coordinate with the Retail and Corporate Controllers to ensure timely close and reporting on a monthly, quarterly and annual basis.
• Prepare monthly operating reports detailing actual and forecasted results.
• Conduct monthly cash flow forecasting.
• Prepare and monitor key performance indicators (KPIs).
• Prepare annual budgets for all locations.
• Coordinate audits of company’s accounts.
• Prepare reports required by regulatory agencies.
• Coordinate the month-end and year-end closing process across multiple locations.
• Review company financial statements for accuracy and clarity.
• Support the creation of and adherence to policies and procedures for the segment.
• Support process improvement and optimization of NetSuite ERP.
• Assist with development of operational and financial reporting, including review for accuracy.
• Demonstrate a strong ability to communicate areas of accounting with operations.
• Show a commitment to safeguarding the assets of the company.
• Maintain a high level of confidentiality for a private, closely held company.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level