Financial Operations Manager

2 weeks ago


Portsmouth, Virginia, United States Pemberton & Associates Full time

Pemberton & Associates is proud to present an exciting opportunity for the newly established role of Assistant Controller. This position has emerged due to the expansion and recent advancement within the finance department. The VP of Finance is seeking a seasoned professional with robust technical and leadership capabilities to manage the accounting division. The organization is dedicated to serving the community and is currently positioned for ongoing growth.

Position Overview:

The Assistant Controller will oversee the Accounting function, which encompasses accounting operations and financial reporting for the organization. Key responsibilities include managing general ledger reconciliations, accounting systems, monthly closing processes, daily cash management, and allowance for credit loss analysis, all in accordance with GAAP standards. This role is crucial in establishing and maintaining essential internal controls, accounting policies, and compliance processes while continuously enhancing accounting practices through process optimization and automation.

Key Responsibilities:

  • Ensure the accuracy and completeness of monthly financial statements and related accounting records. Supervise the preparation of general ledger reconciliations and monthly financial close procedures, providing recommendations for write-offs as necessary.
  • Oversee daily departmental operations, including accounts payable, fixed assets, bank account reconciliations, and investment portfolio reporting. Ensure daily cash accounts are balanced and funds are allocated appropriately to meet operational needs.
  • Assist the VP of Finance in setting clear objectives for the team and executing organizational goals. Evaluate team performance and recommend promotions or salary adjustments while fostering a culture of growth and development.
  • Supervise and review all tax reporting for the organization, including annual filings and quarterly reports, ensuring compliance with regulatory standards.
  • Collaborate with other departments to develop and maintain effective reporting and communication processes.
  • Perform additional job-related duties as assigned.

Qualifications:

Experience:

  • 5 to 8 years of relevant experience in Finance/Accounting, with at least 3 years in a supervisory capacity, preferably within a financial institution.

Education:

  • Bachelor's degree in accounting, finance, business administration, or a related field.
  • Over 5 years of experience with GAAP accounting; an MBA or CPA designation is a plus.

Skills:

  • Exceptional interpersonal skills with the ability to work collaboratively.
  • Strong leadership capabilities to nurture and develop a high-performing team.
  • Excellent written and verbal communication skills.
  • Proficient in Microsoft Office Suite and accounting software.
  • Strong organizational skills with the ability to manage multiple projects and adjust priorities as needed.
  • Critical thinking and problem-solving skills to ensure compliance and recommend improvements to policies and procedures.

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.



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