Frederick Fox

Assistant ControllerPosition OverviewThe Assistant Controller plays a key role in overseeing accounting operations, financial reporting, project finance, and regulatory compliance. Working closely with the Finance Director and cross-functional leadership teams, this position ensures the accuracy and integrity of financial information while supporting operational and strategic business objectives.This role has a strong focus on project accounting, inventory and cost accounting, revenue recognition, and financial oversight of complex programs. The Assistant Controller will also support compliance with Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley (SOX) requirements, and applicable government contracting regulations.The ideal candidate is an experienced accounting professional with strong leadership capabilities, excellent analytical skills, and the ability to manage multiple priorities in a deadline-driven environment. Key ResponsibilitiesInventory and Cost Accounting<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Oversee inventory accounting processes, including valuation, reconciliation, reporting, and compliance with established accounting standards.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Monitor and analyze product costs, cost variances, manufacturing overhead allocations, and related financial activities.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Collaborate with operations and supply chain teams to ensure accurate inventory tracking, cost allocation, and financial reporting.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Identify opportunities to improve inventory controls, cost management, and accounting accuracy.</li>
</ul>Project Finance and Estimate at Completion (EAC) Management<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Partner with Business Development, Program Managers, and Operations teams to ensure accurate project financial reporting, revenue recognition, and billing.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Maintain a thorough understanding of project schedules, phases, milestones, and timelines to support accurate financial planning and reporting.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Review Estimate at Completion (EAC) reports to ensure accuracy and alignment with project budgets, forecasts, and financial expectations.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Monitor program financial performance, identify potential risks or cost overruns, and work with Project Managers to address concerns.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Escalate significant financial issues and reporting discrepancies to the Finance Director.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Review and reconcile project cost data between project cost ledgers and the general accounting system.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Monitor accounts receivable issues and collaborate with Project Managers and Accounts Receivable teams to resolve outstanding balances and support timely collections.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Participate in project lifecycle reviews and prepare supporting reports, including billing worksheets, labor detail reports, unbilled cost reports, and other financial analyses.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Ensure project costs, revenue, and billing activities are accurately recorded and aligned with contractual requirements and applicable accounting standards.</li>
</ul>Financial Reporting and Compliance<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Oversee monthly, quarterly, and year-end financial close activities, including the preparation and review of journal entries and account reconciliations.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Prepare and review financial statements and supporting schedules in accordance with GAAP.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Provide oversight and support for accounts payable, accounts receivable, payroll, and other accounting functions as needed.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Maintain and strengthen internal controls, accounting procedures, and financial policies to support compliance and operational efficiency.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Ensure adherence to SOX requirements and applicable regulatory and industry standards.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Support internal and external audits by preparing documentation, responding to inquiries, and resolving audit findings.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Maintain compliance with applicable government contracting requirements, including FAR, DFARS, CAS, and DCAA audit standards, as relevant.</li>
</ul>Process Improvement and Systems<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Identify opportunities to streamline accounting processes, strengthen internal controls, and improve reporting accuracy.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Develop and implement accounting procedures and process improvements that support operational efficiency.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Support ERP system enhancements, financial reporting improvements, and automation initiatives.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Evaluate existing accounting workflows and recommend solutions to improve data integrity and financial visibility.</li>
</ul>Team Leadership and Development<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Supervise, mentor, and develop accounting personnel while promoting accuracy, accountability, and professional growth.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Provide guidance and oversight to ensure accounting activities are completed accurately and within established deadlines.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Foster collaboration across Finance, Operations, Program Management, and other departments.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Support the Finance Director with accounting initiatives, financial analysis, and departmental priorities.</li>
</ul>QualificationsRequired Qualifications<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Bachelor's degree in Accounting from an accredited institution.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Minimum of 7 years of progressively responsible accounting experience.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">At least 3 years of experience in a managerial or supervisory accounting role.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Extensive knowledge and hands-on experience in project accounting, particularly revenue recognition.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Strong understanding of financial reporting, account reconciliations, cost accounting, and month-end and year-end close processes.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Experience overseeing project financial performance, budgeting, forecasting, and cost analysis.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Strong analytical and problem-solving skills, with the ability to investigate discrepancies and develop practical solutions.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Excellent organizational and project management skills, with the ability to manage multiple initiatives and meet reporting deadlines.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Strong written and verbal communication skills, including the ability to explain complex financial information to diverse audiences.</li>
</ul>Preferred Qualifications<ul style="margin:0px;padding-left:40px;">
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Certified Public Accountant (CPA) designation.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Experience in government contracting, defense, aerospace, manufacturing, or other project-based industries.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Working knowledge of government contracting regulations and compliance requirements, including:</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Federal Acquisition Regulation (FAR)</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Defense Federal Acquisition Regulation Supplement (DFARS)</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Cost Accounting Standards (CAS)</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Defense Contract Audit Agency (DCAA) audit requirements</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Experience with SOX compliance, internal controls, and financial audits.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Familiarity with ERP and project accounting systems.</li>
<li style="line-height:1.2;font-family:Arial;font-size:14px;color:rgb(0, 0, 0);margin:0px;">Experience with Estimate at Completion (EAC) reporting and project lifecycle financial management.</li>
</ul>

Assistant Controller

Position Overview

The Assistant Controller plays a key role in overseeing
accounting operations, financial reporting, project finance, and
regulatory compliance. Working closely with the Finance Director
and cross-functional leadership teams, this position ensures the
accuracy and integrity of financial information while supporting
operational and strategic business objectives.

This role has a strong focus on project accounting, inventory and
cost accounting, revenue recognition, and financial oversight of
complex programs. The Assistant Controller will also support
compliance with Generally Accepted Accounting Principles (GAAP),
Sarbanes-Oxley (SOX) requirements, and applicable government
contracting regulations.

The ideal candidate is an experienced accounting professional
with strong leadership capabilities, excellent analytical skills,
and the ability to manage multiple priorities in a
deadline-driven environment.

Key Responsibilities

Inventory and Cost Accounting

* Oversee inventory accounting processes, including valuation,
reconciliation, reporting, and compliance with established
accounting standards.
* Monitor and analyze product costs, cost variances,
manufacturing overhead allocations, and related financial
activities.
* Collaborate with operations and supply chain teams to ensure
accurate inventory tracking, cost allocation, and financial
reporting.
* Identify opportunities to improve inventory controls, cost
management, and accounting accuracy.
Project Finance and Estimate at Completion (EAC) Management

* Partner with Business Development, Program Managers, and
Operations teams to ensure accurate project financial reporting,
revenue recognition, and billing.
* Maintain a thorough understanding of project schedules, phases,
milestones, and timelines to support accurate financial planning
and reporting.
* Review Estimate at Completion (EAC) reports to ensure accuracy
and alignment with project budgets, forecasts, and financial
expectations.
* Monitor program financial performance, identify potential risks
or cost overruns, and work with Project Managers to address
concerns.
* Escalate significant financial issues and reporting
discrepancies to the Finance Director.
* Review and reconcile project cost data between project cost
ledgers and the general accounting system.
* Monitor accounts receivable issues and collaborate with Project
Managers and Accounts Receivable teams to resolve outstanding
balances and support timely collections.
* Participate in project lifecycle reviews and prepare supporting
reports, including billing worksheets, labor detail reports,
unbilled cost reports, and other financial analyses.
* Ensure project costs, revenue, and billing activities are
accurately recorded and aligned with contractual requirements and
applicable accounting standards.
Financial Reporting and Compliance

* Oversee monthly, quarterly, and year-end financial close
activities, including the preparation and review of journal
entries and account reconciliations.
* Prepare and review financial statements and supporting
schedules in accordance with GAAP.
* Provide oversight and support for accounts payable, accounts
receivable, payroll, and other accounting functions as needed.
* Maintain and strengthen internal controls, accounting
procedures, and financial policies to support compliance and
operational efficiency.
* Ensure adherence to SOX requirements and applicable regulatory
and industry standards.
* Support internal and external audits by preparing
documentation, responding to inquiries, and resolving audit
findings.
* Maintain compliance with applicable government contracting
requirements, including FAR, DFARS, CAS, and DCAA audit
standards, as relevant.
Process Improvement and Systems

* Identify opportunities to streamline accounting processes,
strengthen internal controls, and improve reporting accuracy.
* Develop and implement accounting procedures and process
improvements that support operational efficiency.
* Support ERP system enhancements, financial reporting
improvements, and automation initiatives.
* Evaluate existing accounting workflows and recommend solutions
to improve data integrity and financial visibility.
Team Leadership and Development

* Supervise, mentor, and develop accounting personnel while
promoting accuracy, accountability, and professional growth.
* Provide guidance and oversight to ensure accounting activities
are completed accurately and within established deadlines.
* Foster collaboration across Finance, Operations, Program
Management, and other departments.
* Support the Finance Director with accounting initiatives,
financial analysis, and departmental priorities.
Qualifications

Required Qualifications

* Bachelor's degree in Accounting from an accredited institution.
* Minimum of 7 years of progressively responsible accounting
experience.
* At least 3 years of experience in a managerial or supervisory
accounting role.
* Extensive knowledge and hands-on experience in project
accounting, particularly revenue recognition.
* Strong understanding of financial reporting, account
reconciliations, cost accounting, and month-end and year-end
close processes.
* Experience overseeing project financial performance, budgeting,
forecasting, and cost analysis.
* Strong analytical and problem-solving skills, with the ability
to investigate discrepancies and develop practical solutions.
* Excellent organizational and project management skills, with
the ability to manage multiple initiatives and meet reporting
deadlines.
* Strong written and verbal communication skills, including the
ability to explain complex financial information to diverse
audiences.
Preferred Qualifications

* Certified Public Accountant (CPA) designation.
* Experience in government contracting, defense, aerospace,
manufacturing, or other project-based industries.
* Working knowledge of government contracting regulations and
compliance requirements, including:
* Federal Acquisition Regulation (FAR)
* Defense Federal Acquisition Regulation Supplement (DFARS)
* Cost Accounting Standards (CAS)
* Defense Contract Audit Agency (DCAA) audit requirements
* Experience with SOX compliance, internal controls, and
financial audits.
* Familiarity with ERP and project accounting systems.
* Experience with Estimate at Completion (EAC) reporting and
project lifecycle financial management.

Assistant Controller

About the role

Not the right role?