Assistant Controller

POSITION: Assistant Controller FLSA CLASSIFICATION: Exempt LOCATION: Oak Brook, IL

REPORTS TO: Controller DIRECT REPORTS: Accounts Receivable, Accounts Payable, Billing, Fixed Assets, General Accounting

LAUNCH 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 & RESPONSIBILITIES

• Primary 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 customers
• Ensure 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 analysis
• Analyze debt agreements to understand terms and conditions as well as covenant compliance
• Understand lease accounting (ASC 842)
• Assist Controller with accounting research/technical accounting transactions
• Oversee revenue recognition and subscription-based accounting principles of the Digital Marketplace segments
• Other duties as assigned.

KNOWLEDGE, SKILLS & ABILITIES

• Experience 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 preferred
• Experience in a rapid growth environment preferred
• Experience in a high transactional volume business is a plus
• Ability to adhere to LAUNCH’s Mission and Values

MINIMUM EDUCATION / EXPERIENCE / QUALIFICATIONS

• Bachelor’s degree in accounting
• Must be 21 years of age
• 10 years in an accounting role
• 5 years management experience
• Advanced level Microsoft excel
• Experience with Microsoft Office Suite (word, excel, PowerPoint)
• Public accounting experience preferred with Big 4 experience a plus
• CPA preferred

KEY RELATIONSHIPS

1. All clients/customers
2. Corporate Headquarters, all departments