Saturday, July 27, 2024

Duties and Responsibilities of an Assistant Controller

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

An Assistant Controller, or Assistant Financial Controller, is responsible for providing high-level support to Corporate Controllers as they manage a company’s accounting and financial activities. Duties and Responsibilities of an Assistant Controller. Their duties include producing financial summary statements, forecasting a company’s financial health and correcting inaccuracies in a company’s financial records.

Assistant Controllers complete many administrative, organization and analysis tasks to monitor the financial health of their business. Their duties and responsibilities include:

Assistant Controller Duties:

  • Assist Controller with meeting all deadlines and ensuring all tasks are completed on time
  • Be a liaison between the Controller and the Director of Operations
  • Ensure assets are kept updated within the accounting system
  • Process accounting transactions within specified timeframes
  • Monitor incoming invoices and payments
  • Track and report on inventory
  • Process accounting entries and reports
  • Prepare documents for internal and external audits
  • Perform accounting functions

Assistant Controller Responsibilities:

  • Maintain financial accounting records, and reconcile accounts
  • Prepare accounting reports for management
  • Prepare journal entries for month-end close
  • Assist with budget preparation
  • Maintain payroll records
  • Prepare monthly financial statements and reports for upper management
  • Assist with project and sales finance
  • Assist with monthly bank statements
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