Log In

Log In to Save

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

Become An Assistant Controller

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As An Assistant Controller

  • Interacting With Computers
  • Processing Information
  • Getting Information
  • Evaluating Information to Determine Compliance with Standards
  • Organizing, Planning, and Prioritizing Work
  • Mostly Sitting

  • Repetitive

  • $84,066

    Average Salary

What Does An Assistant Controller Do

An Assistant Controller supports the accounting operations of a company through performing various administrative and bookkeeping duties. They manage journal entries and invoices, reconcile accounts for the monthly or annual closing, and assist in the preparation of financial statements.

How To Become An Assistant Controller

Most accountants and auditors need at least a bachelor’s degree in accounting or a related field. Certification within a specific field of accounting improves job prospects. For example, many accountants become Certified Public Accountants (CPAs).  

Education

Most accountant and auditor positions require at least a bachelor’s degree in accounting or a related field. Some employers prefer to hire applicants who have a master’s degree, either in accounting or in business administration with a concentration in accounting.

A few universities and colleges offer specialized programs, such as a bachelor’s degree in internal auditing. In some cases, those with associate’s degrees, as well as bookkeepers and accounting clerks who meet the education and experience requirements set by their employers, get junior accounting positions and advance to accountant positions by showing their accounting skills on the job.

Many colleges help students gain practical experience through summer or part-time internships with public accounting or business firms.

Licenses, Certifications, and Registrations

Every accountant filing a report with the Securities and Exchange Commission (SEC) is required by law to be a Certified Public Accountant (CPA). Many other accountants choose to become a CPA to enhance their job prospects or to gain clients. Many employers will often pay the costs associated with the CPA exam.

CPAs are licensed by their state’s Board of Accountancy. Becoming a CPA requires passing a national exam and meeting other state requirements. Almost all states require CPA candidates to complete 150 semester hours of college coursework to be certified, which is 30 hours more than the usual 4-year bachelor’s degree. Many schools offer a 5-year combined bachelor’s and master’s degree to meet the 150-hour requirement, but a master’s degree is not required.

A few states allow a number of years of public accounting experience to substitute for a college degree.

All states use the four-part Uniform CPA Examination from the American Institute of Certified Public Accountants (AICPA). Candidates do not have to pass all four parts at once, but most states require that they pass all four parts within 18 months of passing their first part.

Almost all states require CPAs to take continuing education to keep their license.

Certification provides an advantage in the job market because it shows professional competence in a specialized field of accounting and auditing. Accountants and auditors seek certifications from a variety of professional societies. Some of the most common certifications are listed below:

The Institute of Management Accountants offers the Certified Management Accountant (CMA) to applicants who complete a bachelor’s degree. Applicants must have worked at least 2 years in management accounting, pass a two-part exam, agree to meet continuing education requirements, and comply with standards of professional conduct. The exam covers areas such as financial statement analysis, working-capital policy, capital structure, valuation issues, and risk management. 

The Institute of Internal Auditors (IIA) offers the Certified Internal Auditor (CIA) to graduates from accredited colleges and universities who have worked for 2 years as internal auditors and have passed a four-part exam. The IIA also offers the Certified in Control Self-Assessment (CCSA), Certified Government Auditing Professional (CGAP), Certified Financial Services Auditor (CFSA), and Certification in Risk Management Assurance (CRMA) to those who pass the exams and meet educational and experience requirements.

ISACA offers the Certified Information Systems Auditor (CISA) to candidates who pass an exam and have 5 years of experience auditing information systems. Information systems experience, financial or operational auditing experience, or related college credit hours can be substituted for up to 3 years of experience in information systems auditing, control, or security.

For accountants with a CPA, the AICPA offers the option to receive any or all of the Accredited in Business Valuation (ABV), Certified Information Technology Professional (CITP), or Personal Financial Specialist (PFS) certifications. The ABV requires a written exam, completion of at least six business valuation projects, and 75 hours of continuing education. The CITP requires 1,000 hours of business technology experience and 75 hours of continuing education. Candidates for the PFS also must complete a certain amount of work experience and continuing education, and pass a written exam.

Advancement

Some top executives and financial managers have a background in accounting, internal auditing, or finance.

Beginning public accountants often advance to positions with more responsibility in 1 or 2 years and to senior positions within another few years. Those who excel may become supervisors, managers, or partners; open their own public accounting firm; or transfer to executive positions in management accounting or internal auditing in private firms.

Management accountants often start as cost accountants, junior internal auditors, or trainees for other accounting positions. As they rise through the organization, they may advance to accounting manager, chief cost accountant, budget director, or manager of internal auditing. Some become controllers, treasurers, financial vice presidents, chief financial officers, or corporation presidents.

Public accountants, management accountants, and internal auditors can move from one aspect of accounting and auditing to another. Public accountants often move into management accounting or internal auditing. Management accountants may become internal auditors, and internal auditors may become management accountants. However, it is less common for management accountants or internal auditors to move into public accounting.

Important Qualities

Analytical skills. Accountants and auditors must be able to identify issues in documentation and suggest solutions. For example, public accountants use analytical skills in their work to minimize tax liability, and internal auditors use these skills to detect fraudulent use of funds.  

Communication skills. Accountants and auditors must be able to listen carefully to facts and concerns from clients, managers, and others. They must also be able to discuss the results of their work in both meetings and written reports.

Detail oriented. Accountants and auditors must pay attention to detail when compiling and examining documentation.

Math skills. Accountants and auditors must be able to analyze, compare, and interpret facts and figures, although complex math skills are not necessary.

Organizational skills. Strong organizational skills are important for accountants and auditors who often work with a range of financial documents for a variety of clients.

Show More

Show Less

1,098 Assistant Controller jobs More

Add To My Jobs

Real Assistant Controller Salaries

Job Title Company Location Start Date Salary
Assistant Controller First Reserve Corporation, LLC Greenwich, CT Oct 10, 2016 $273,000
Assistant Controller First Reserve Corporation LLC Greenwich, CT Nov 01, 2014 $247,500
Assistant Controller Oz Management, LP New York, NY Aug 14, 2015 $215,000
Assistant Controller Oz Management, LP New York, NY Aug 17, 2014 $200,000
Assistant Controller Kabam, Inc. San Francisco, CA Jun 08, 2015 $165,000
Assistant Controller Abbott Laboratories Santa Ana, CA Feb 10, 2014 $161,082
Assistant Controller 500 Startups Management Company, LLC Mountain View, CA Aug 17, 2016 $155,000
Assistant Controller Stubhub, Inc. San Francisco, CA Feb 01, 2013 $150,000
Assistant Controller Dc09, LLC Duluth, GA Mar 24, 2016 $143,832 -
$160,000
Assistant Technical Controller, US Gaap Reporting Liberty Mutual Group Asset Management Inc. Boston, MA Sep 29, 2015 $141,500
Show More

Top Skills for An Assistant Controller

PayrollProcessingGeneralLedgerAccountsExternalAuditorsAssetsMonthlyJournalEntriesAccountReconciliationsBalanceSheetAccountsAccountsPayablesBankReconciliationsIncomeGaapAnnualBudgetTaxReturnsSuperviseInternalControlsSalesTaxAnnualAuditSpecialProjectsPBankAccounts

Show More

Top Assistant Controller Skills

  1. Payroll Processing
  2. General Ledger Accounts
  3. External Auditors
You can check out examples of real life uses of top skills on resumes here:
  • Slashed payroll processing time by 40% by automating commission calculations and eliminating complex and problematic compensation policies.
  • Reconciled various general ledger accounts.
  • Provided the consolidated audit schedules and support to external auditors.
  • Managed the capital spending process by developing policies and procedures for accounting for fixed assets and capital spending approval.
  • Managed and prepare all manual monthly journal entries with proper support and approvals.

Top Assistant Controller Employers

Show More

What Kind Of Companies Hire an Assistant Controller

  1. The Connaught Group Ltd. /Carlisle Etcetera LLC
  2. WILLIS AUTO CAMPUS
  3. Sirius Solutions L.L.L.P
  4. Magnolia Bluffs Casino
  5. SURDNA FOUNDATION
  6. El Encanto Inc
  7. FMG, LLC
  8. Naguabo Auto Sales
  9. Playtime LLC
  10. Franke
What type of job are your looking for?
Full Time
Part Time
Internship
Temporary

Assistant Controller Videos

What Does a Warehouse Inventory Control Clerk Do? : Career Advice & More

Career Advice on becoming a Group Financial Controller by Nick H (Full Version)

Day in the Life of a CPA with Sarah Coffey, CPA -- Inside INCPAS 2.5