Assistant Financial Controller

Suffolk Transportation Service, Inc.; Bay Shore (NY); On-site; USD 80,000 - 110,000; Full time

Job summary

Suffolk Transportation Service, Inc. is looking for an Assistant Financial Controller to manage financial activities and ensure compliance with accounting standards. This role involves maintaining multi-entity financial records, conducting financial analysis, and collaborating with various departments, providing a great opportunity for career advancement in a dynamic environment.

Qualifications

• Ten years of progressive accounting experience required.
• Strong understanding of GAAP essential.
• Experience with accounting software preferred.

Responsibilities

• Assist in preparing and analyzing financial statements according to GAAP.
• Maintain and reconcile general ledger accounts.
• Perform reconciliations for key accounts.

Skills

Analytical skills

Problem-solving skills

Organizational skills

Communication skills

Attention to detail

Education

Bachelor's degree in Accounting, Finance, or a related field

Tools

Microsoft Excel

Microsoft Business Central D365

Job description

Job Summary:
Suffolk Transportation Service, Inc. is seeking a highly motivated and detail-oriented Assistant Financial Controller to support the Financial Controller in overseeing all financial activities of the organization. The Assistant Financial Controller will play a crucial role in maintaining accurate multi-entity financial records, ensuring compliance with accounting principles and regulations, andproviding insightful financial analysis to support strategic decision-making. This position offers an excellent opportunity for a driven accounting professional to grow their career within a dynamic and growing company.
Responsibilities:

• Financial Reporting: Assist in the preparation and analysis of monthly, quarterly, and annual financial statements (e.g., balance sheets, income statements, cash flow statements) in accordance with GAAP.
• General Ledger Management: Maintain and reconcile general ledger accounts, ensuring accuracy and completeness of financial data.
• Account Reconciliations: Perform regular reconciliations of key accounts, including bank accounts, accounts receivable, accounts payable, and inventory. Investigate and resolve discrepancies in a timely manner.
• Budgeting and Forecasting: Support the Financial Controller in the development, monitoring, and analysis of the annual budget and periodic forecasts. Assist in identifying variances and providing explanations.
• Internal Controls: Assist in the implementation and maintenance of strong internal controls to safeguard company assets and ensure the integrity of financial information.
• Audit Support: Assist with internal and external audits by preparing schedules, providing documentation, and responding to inquiries.
• Tax Compliance: Support the preparation and filing of various tax returns and ensure compliance with all applicable tax laws and regulations.
• Accounts Payable/Receivable Oversight: May oversee or assist with the accounts payable and accounts receivable functions to ensure timely and accurate processing of transactions.
• Inventory Accounting: Assist in the management of inventory accounting, including cost accounting, valuation, and cycle counts.
• Financial Analysis: Conduct financial analysis, prepare reports, and provide insights on financial performance to management.
• Process Improvement: Identify and implement opportunities to improve accounting processes and enhance efficiency.
• Ad Hoc Projects: Participate in various financial projects and initiatives as assigned by the Financial Controller.
• Team Collaboration: Work collaboratively with other departments within the organization.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field is required.
• Ten (10) years of progressive accounting experience, with exposure to general ledger, financial reporting, and internal controls.
• Strong understanding of Generally Accepted Accounting Principles (GAAP).
• Proficiency in Microsoft Excel (advanced skills preferred, including pivot tables, VLOOKUP/XLOOKUP, and data analysis).
• Experience with accounting software (e.g., Microsoft Business Central D365) is highly desirable.
• Excellent analytical, problem-solving, and organizational skills.
• Strong attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Excellent communication (both written and verbal) and interpersonal skills.
• Understands, encourages, and carries our the principles of safety management
• Ability to meet deadlines and manage multiple priorities in a fast-paced environment.

Preferred Qualifications:

• Master’s Degree, CPA (Certified Public Accountant) or progress towards certification is advantageous.
• Experience in the transportation industry is a positive
• Experience with Dayforce HCM system and Microsoft Business Central D365 ERP is a plus