Assistant Controller

Red Roof Inns, Inc.

$75K — $95K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting required; Master's in business is a plus.
  • 5 years' accounting experience, with at least 3 years in public accounting preferred.
  • Strong analytical skills and a keen attention to detail required.
  • Proficient in MS Office, focusing on Microsoft Excel and Oracle applications; must be able to adapt to new software.
  • Excellent verbal and written communication skills are essential.
  • Must be self-motivated with strong organizational skills for managing multiple tasks.
  • Detail-oriented personality is a must.

Responsibilities

  • Assist the Controller in leading and coaching the accounting team to achieve goals.
  • Work with the Controller group to finalize monthly financial results.
  • Communicate complex financial and GAAP information clearly to all organizational levels.
  • Ensure the accuracy of financial reports and establish necessary processes.
  • Review monthly balance sheet reconciliations to identify and rectify issues.
  • Prepare annual and quarterly financial statements for multiple companies adhering to GAAP.
  • Provide insights into business trends and propose adjustments to prevent issues.

Benefits

  • Opportunity for professional development and advancement within the company.
  • Collaboration with senior management and external auditors.
  • Dynamic work environment with the chance to influence financial decisions.
  • Engagement in varied financial reporting responsibilities across multiple companies.
Full Job Description
The Assistant Controller reports to the Controller. This position assists the Controller in managing the accounting team and leading the Company's efforts to ensure monthly reported financial statements are issued timely and accurately in order to support senior management decision making. The Assistant Controller also assists the Controller in leading the Company's compliance with Generally Accepted Accounting Principles (GAAP), including the timely completion of multiple sets of audited financial statements each year. These activities include proactive and effective communications with senior management, investors and operating departments (e.g. Marketing, Operations, Franchising). Demonstrates a solid understanding of finance concepts to comprehend detail, quickly identify outlying information and inter-relate and translate operational and other measurements to better understand financial results. Strong communication and computer skills are necessary to organize, prepare and publish reports in a concise and timely manner for comprehension to department heads, senior management and investors. Position Responsibilities • Assist the Controller in leading and managing staff through coaching, motivation, and providing direction to deliver expected results • Work with the Controller group to close monthly financial results • Understand and succinctly communicate complex financial information and GAAP to individuals at all levels of the organization • Ensure the accuracy of reported financial results and establish necessary processes within and outside of Accounting to ensure such • Review monthly balance sheet account reconciliations to identify and proactively correct system and accounting operational issues to improve accounting efficiency and accuracy • Prepare annual financial statement for six companies • Prepare quarterly financial statements for each of the Companies in compliance with GAAP • Provide insight into business trends and root causes and anticipate issues and needed adjustments in order to avoid reactionary behavior • Assist the Controller in proactively coordinating and leading the timely completion of each of the annual audited financial statements. With the Controller, act as the primary point person with the external auditors. Develop and maintain all necessary accounting policies and systems, ensuring that records are maintained in accordance with generally accepted accounting principles • Generate and review large quantities of data using internal and external computer systems • Establish processes and information to support the analyses of reported financial results, on an ongoing and ad hoc basis • Proactively communicate in order to constructively influence staff and senior management on operational decisions, including creating corrective action plans. • Other duties as assigned Qualifications • Bachelor's degree in accounting required. A Master's in business is a plus. • 5 years' experience in accounting, with at least three years in public accounting (preferred). • Analytical ability is required with a keen attention to detail. • Solid computer skills in MS Office with emphasis on Microsoft Excel spreadsheets, Oracle applications, and the adaptability to learn new applications quickly. • Must have excellent verbal/written communication skills. • Must be self motivated and able to prioritize and manage multiple tasks in a timely manner. • Detailed oriented personality. Additional Information

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