Description Assistant ControllerLONG BEACH, CALIFORNIA
The Assistant Controller plays a critical role in supporting the Finance Director in managing accounting operations, financial reporting, and government contracting compliance for the Long Beach location. This position focuses on ensuring accurate financial reporting, SOX compliance, and adherence to industry standards. The role requires strong analytical skills, attention to detail, and the ability to work collaboratively across departments.
Essential Duties and ResponsibilitiesThe following is not intended to be a comprehensive list but rather a representative summary of the major duties and responsibilities. Incumbents may not be required to perform all duties listed and may be assigned additional position-specific responsibilities.
Inventory & Cost AccountingOversee inventory accounting processes, including valuation, reconciliation, and reporting.
Maintain and analyze costs, variances, and manufacturing overhead allocations.
Partner with Operations and Supply Chain teams to ensure accurate inventory tracking and cost control.
Program Finance & Estimate at Completion (EAC) Management
Work closely with Business Development and Program Managers to ensure accurate and consistent financial reporting, revenue recognition timing, and project billing.
Develop a thorough understanding of each project's overall schedule, phases, and timelines.
Partner with Operations and Supply Chain teams to ensure accurate inventory tracking and project cost management.
Review Estimate at Completion (EAC) reports to ensure accuracy and alignment with program budgets.
Proactively monitor program financial performance, address concerns with Project Managers, and escalate significant issues to the Finance Director.
Review reconciliations of cost data between project cost ledgers and accounting systems.
Identify outstanding accounts receivable (AR) issues and communicate them to the appropriate Project Manager.
Collaborate with Project Managers and Accounts Receivable teams to resolve outstanding invoices and support collection efforts.
Participate in project reviews throughout the project lifecycle.
Generate and analyze project financial reports, including billing worksheets, labor detail reports, unbilled detail reports, and other financial data used for project reviews and analysis.
Financial Reporting & Compliance
Manage monthly and year-end closing processes, including journal entries and account reconciliation reviews.
Oversee accounts payable, accounts receivable, and payroll functions as needed.
Prepare and review monthly, quarterly, and annual financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
Maintain and enhance internal controls, accounting procedures, and financial policies to ensure compliance and operational efficiency.
Support internal and external audits by providing documentation, responding to inquiries, and assisting with audit resolution.
Ensure compliance with applicable financial reporting standards, internal policies, and SOX requirements.
Process Improvement & Systems
Identify opportunities to streamline accounting processes, strengthen internal controls, and improve operational efficiency.
Support ERP system enhancements, automation initiatives, and process improvement projects.
Collaborate with cross-functional teams to improve financial reporting accuracy and system effectiveness.
Team Leadership
Supervise, mentor, and develop accounting staff, fostering a culture of accuracy, accountability, and continuous improvement.
Provide guidance and support to ensure timely and accurate completion of accounting activities.
Promote collaboration and effective communication across Finance and other departments.
Required Skills and Experience
Bachelor's degree in Accounting from an accredited institution.
Extensive knowledge and practical experience in project accounting, particularly revenue recognition.
Minimum of seven (7) years of progressively responsible accounting experience, including at least three (3) years in a managerial or supervisory role.
Desired Qualifications
Certified Public Accountant (CPA) designation preferred.
Working knowledge of government contracting regulations, including Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), Cost Accounting Standards (CAS), and Defense Contract Audit Agency (DCAA) audit requirements.
Strong attention to detail, organizational skills, and ability to meet reporting deadlines.
Demonstrated project management skills with the ability to manage multiple initiatives simultaneously.
Ability to communicate complex financial information clearly and professionally, both verbally and in writing, to diverse audiences.
Strong critical-thinking and problem-solving abilities, with the capacity to navigate ambiguity, investigate complex issues, and develop sound conclusions.
Additional Eligibility Qualifications
Applied Aerospace and Defense will only employ individuals who are legally authorized to work in the United States for this position. U.S. citizenship or permanent residency (Green Card) is required. The company will not sponsor individuals for employment visas, now or in the future, for this position.
Any offer of employment is contingent upon successful completion of a background investigation and drug screening. Candidates must also successfully complete a basic visual acuity examination.
Physical Requirements
The physical demands described below are representative of those required to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform these functions.
While performing the duties of this position, the employee is regularly required to sit, walk, talk, and hear. The employee frequently uses hands and fingers to handle, manipulate, or feel objects. The employee is occasionally required to stand, walk, and reach with hands and arms. The employee must occasionally lift and/or move up to 15 pounds.
Work Environment
The work environment characteristics described below are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the job.
Position Requirements - Strong background in inventory management, cost accounting, and audit support.
- Bachelor's degree from an accredited institution in Finance or Accounting.
- Formal training and in-depth experience in cost accounting, financial accounting, local, state, and federal tax regulations, and financial analysis & reporting.
- Minimum 5 years of accounting experience.
Desired Qualifications
- Manufacturing environment
- Strong analytical and evaluative skills
- Developed written and oral communication skills
- Strong interpersonal skills as this team member will interact frequently with personnel outside of accounting and finance department.
- Strong decision-making skills: incumbent needs to analyze and synthesize data, and be able to make decisions without having complete information
- Expert user of Microsoft Office products
Shift First
Full-Time/Part-Time Full-Time
Location Applied Aerospace & Defense, Long Beach
Category Accounting/Finance
Req Number ACC-26-00019
Position Assistant Controller
Close DatePost Internal Days 0
Number of Openings 1
Exempt/Non-Exempt Exempt
This position is currently accepting applications. 
