Fiscal officer vs assistant controller

Differences between fiscal officer and assistant controller duties and responsibilities

Fiscal officer example responsibilities.

• Manage procurement functions deposits, journals and fund transfers in PeopleSoft for department.
• Manage A/R of roughly 3 million dollars each fiscal year and disburse into three funding streams.
• Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
• Supervise two employees and the reconciliation of the subsidiary ledgers: A/P, A/R, payroll and all human resource issues.
• Prepare cash management report and maintain reconciliations and journal entries.
• Set up district outstanding debt payment ACH wires.
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Assistant controller example responsibilities.

• Lead divisional capital management through ROI analysis on new products and other capital investments to maximize returns.
• Facilitate the implementation of ERP system, which increase productivity in efficiently and effectively manage the functionality of the organization.
• Initiate ongoing departmental projects to automate daily tasks which include the calculations for income distributions and the daily income account reconciliation.
• Maintain timely and accurate general ledger account reconciliations, oversee treasury management, and handle fixed asset tracking and reporting.
• Direct balance sheet and inter-company reconciliations according to GAAP and ensure compliance across accounting, payroll, and inventory management systems.
• Oversee corporate financial internal controls including a complete re-write of all standard operating procedure documentation and supporting annual SOX audit work.
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