Assistant to the controller vs cost accountant

Differences between assistant to the controller and cost accountant duties and responsibilities

Assistant to the controller example responsibilities.

• Manage financial reporting, monthly close, GAAP accruals and supervision of the accounting department.
• Manage general ledger and coordinate annual internal audit, interacting with CPA firm and auditing staff.
• Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
• Reconcile accounts receivable between A2000 systems and QuickBooks for monthly reporting and closing.
• Prepare wire transfer, ACH transactions and verify accuracy and follow up transactions until completion.
• Process weekly check runs and send checks to appropriate companies or post ACH payments online.
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Cost accountant example responsibilities.

• Manage ledgers and perform month end journal entries.
• Manage the payroll with ADP system and account receivable.
• Manage costing control as well as accounts payable (A/P) and accounts receivable (A/R).
• Prepare internal financial reports for treasury manage accounts include in external compliance reports.
• Prepare raw material and WIP inventory reconciliations.
• Develop tracking of GAAP inventory valuation for all inventory inherit from the bankrupt former company.
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