Assistant Financial Controller

Lakewood Holdings, LLC; Crystal Lake (IL); On-site; USD 80,000 - 120,000; Full time

Job summary

A dynamic holdings company based in Crystal Lake is seeking a talented individual to manage financial operations. The role involves leading the preparation of financial statements, ensuring compliance with GAAP, and overseeing accounting functions. Candidates should possess proficiency in relevant accounting software and expertise in financial analysis. This position offers a unique opportunity for a finance professional to contribute significantly to the company’s success through expert oversight and strategic planning.

Qualifications

• Proven expertise in financial report writing and account reconciliation.
• Advanced skills in Excel and proficiency with accounting software.
• Experience with cash management strategies and budgeting processes.

Responsibilities

• Lead the preparation and analysis of financial statements.
• Oversee general ledger accounting and month-end/year-end closing.
• Manage accounts payable and accounts receivable functions.
• Develop comprehensive financial reports for leadership.

Skills

Financial report writing

Account reconciliation

Budgeting processes

Cash management strategies

Attention to detail

Strong organizational skills

Education

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

CPA or equivalent certification

Tools

QuickBooks

Sage

Great Plains

Microsoft Excel

Job description

This is an opportunity for someone who truly wants to build something extraordinary with great small businesses. We are seeking an entrepreneurially spirted individual to oversee and manage the financial operations of our organizations. As a holdings company that acquires established small businesses, we need a leader who is passionate about diving into various software and accounting systems to create streamlined processes for financial management.

Responsibilities

• Lead the preparation and analysis of financial statements, including balance sheets, income statements, and cash flow reports.
• Oversee general ledger accounting, account reconciliation, and month-end/year-end closing processes using various accounting software such as QuickBooks, Sage, or Great Plains.
• Evaluate and implement new operating/accounting systems to improve efficiencies and outdated technology.
• Manage accounts payable and accounts receivable functions to ensure timely processing and accuracy.
• Oversee payroll systems and processing.
• Assistance in diligence and evaluation of possible M&A targets.
• Conduct balance sheet reconciliation and ensure all financial data aligns with regulatory standards such as GAAP.
• Ability to teach and train additional team members in the systems and processes that have been built within a portfolio company.
• Supervise cash management activities including forecasting, liquidity management, and banking relationships.
• Develop comprehensive financial reports for leadership to inform strategic decision-making.
• Lead budgeting processes, variance analysis, and financial forecasting to support organizational planning.
• Ensure adherence to technical accounting standards including GAAP.

Requirements

• Proven expertise in financial report writing, account reconciliation, balance sheet management, and regulatory reporting.
• Proficiency with accounting software including QuickBooks, Sage, Great Plains, or similar platforms; advanced Excel skills required.
• Familiarity with technical accounting concepts such as double entry bookkeeping, debits & credits, general ledger reconciliation.
• Experience with cash management strategies, budgeting processes, and financial analysis techniques.
• Ability to interpret complex financial data accurately and communicate findings clearly to non-financial stakeholders.
• Strong organizational skills with attention to detail; ability to manage multiple priorities effectively. This position offers an excellent opportunity for a dedicated finance professional to contribute significantly to our organization’s success through expert financial oversight and strategic planning.
• Bachelor's degree in Accounting, Finance, or a related field preferred; CPA or equivalent certification a plus.
• Experience in financial management or as an accountant within corporate sector.
• Strong knowledge of accounting standards such as GAAP.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing and Finance

Industries

Venture Capital and Private Equity Principals