Assistant Controller

POSITION: Assistant Controller FLSA CLASSIFICATION: Exempt LOCATION: Oak Brook, ILREPORTS TO: Controller DIRECT REPORTS: Accounts Receivable, Accounts Payable, Billing, Fixed Assets, General AccountingLAUNCH is a leading aviation services company headquartered in Oak Brook, IL that is searching for an Assistant Controller. As a key member of the finance team, the Assistant Controller reports to the Controller and is responsible for the day-to-day accounting activities, the month-end close process, and the preparation of financial statements. The Controller will lead and direct all accounting department personnel while also being hands-on with key accounting processes. The Assistant Controller will assist the Controller with higher level special projects. ESSENTIAL DUTIES & RESPONSIBILITIESPrimary owner of all general ledger accounts for multiple divisions; review and approve entries made by direct reports and manage the monthly, quarterly, and annual account reconciliations Lead the month-end close process for all entities in a timely and accurate manner in conformity with GAAP Oversee credit checks for potential customersEnsure that appropriate internal controls are established, documented, and followed related to cash, accounts receivable, fixed assets, accounts payable, accrued expenses, and capital accounts Manage and improve all financial reporting; identify opportunities and implement solutions to improve processes through automation, standardization, etc.Supervise and mentor all accounting department staff; foster a culture of engagement, accountability, and continuous improvement; determine staffing requirement needed to support the company’s business plans Monitor and analyze all department work to develop more efficient procedures and uses of personnel while maintaining the highest levels of accuracy and timeliness Prepare monthly financial statements (income statement, balance sheet and cash flows) including flux analysisAnalyze debt agreements to understand terms and conditions as well as covenant complianceUnderstand lease accounting (ASC 842)Assist Controller with accounting research/technical accounting transactionsOversee revenue recognition and subscription-based accounting principles of the Digital Marketplace segmentsOther duties as assigned. KNOWLEDGE, SKILLS & ABILITIESExperience supervising, developing, and mentoring multiple people Advanced experience with Microsoft Office Suite Excellent written and oral communication skills; must be able to communicate effectively across all levels of the organization Personal integrity and commitment to individual and team accountability Detail-oriented and committed to 100% accuracy of all information Strong IT skills including an understanding of ERP systems; experience with IT systems upgrades or implementations is a plus Experience with operational accounting in a professional service, legal, or consulting company preferredExperience in a rapid growth environment preferredExperience in a high transactional volume business is a plus Ability to adhere to LAUNCH’s Mission and ValuesMINIMUM EDUCATION / EXPERIENCE / QUALIFICATIONSBachelor’s degree in accountingMust be 21 years of age10 years in an accounting role5 years management experienceAdvanced level Microsoft excelExperience with Microsoft Office Suite (word, excel, PowerPoint)Public accounting experience preferred with Big 4 experience a plusCPA preferred KEY RELATIONSHIPSAll clients/customers Corporate Headquarters, all departments

Salary : $115,000 - $130,000