Assistant Controller

The Assistant Controller at Monomoy Advisors is responsible for overseeing general accounting functions, leading the monthly accounting close process, and managing financial audit activities. Other key duties include preparing and analyzing financial statements, ensuring compliance with US GAAP, and partnering with various teams to support strategic financial planning. This role is integral in building scalable finance processes and infrastructure for client organizations.

To qualify for the Assistant Controller position at Monomoy Advisors, candidates should possess a Bachelor’s degree in Accounting or Finance, along with 5-10 years of relevant accounting experience. A CPA designation is preferred, and candidates should be familiar with ERP systems, financial tools, and have a solid understanding of financial statements. Strong communication skills and problem-solving abilities are key for success in this role.

The Assistant Controller plays a critical role in financial reporting at Monomoy Advisors by preparing and reviewing financial statements, ensuring their accuracy and completeness. Additionally, they lead the monthly accounting close process, support annual corporate financial audits, and assist in the preparation of presentations and analyses for leadership and external partners.

While experience in sectors like Biotech, Pharmaceuticals, technology, and manufacturing is beneficial, it is not strictly necessary. What is essential is a proven track record in accounting, familiarity with finance processes, and the ability to adapt in a fast-paced, innovative environment. Monomoy Advisors values diverse experiences that can contribute to our teams.

The work environment at Monomoy Advisors is hybrid, offering flexibility while emphasizing teamwork and collaboration. Though travel to client locations may be required depending on client demands, the role is structured to support a balance between professional and personal commitments, contributing to a productive and enjoyable workplace.

When answering this question, highlight specific methodologies you've employed, such as ensuring timely reconciliations, adherence to accounting principles, and team coordination. Mention the importance of accurate financial reporting in guiding business decisions and any software tools you utilized in the process.

Discuss your approach to staying updated on GAAP regulations, including continuing education, attending workshops, and collaborating with technical accounting experts. Emphasize the processes you’ve implemented to regularly review financial practices and ensure adherence to these standards.

Outline a clear process for audit preparation, such as thorough documentation of financial records, reconciling accounts, and anticipating auditor inquiries. Mention the importance of clear communication with the auditing team and how you would leverage your organization skills to streamline the process.

Share a specific project where you faced obstacles, detailing your responsibilities and the steps you took to overcome those challenges. Highlight teamwork and any innovative solutions that led to a successful outcome, demonstrating your ability to manage complexity and drive results.

Illustrate your prioritization strategy, perhaps using project management tools to assess deadlines and importance. Explain how you communicate with stakeholders to manage expectations and keep projects on track while maintaining accuracy in your work.

Mention your familiarity with specific ERP systems and financial tools relevant to Monomoy Advisors. Provide examples of how you’ve used these tools in past roles to improve efficiency, accuracy in financial reporting, and overall financial management.

Discuss your methodology for analyzing existing processes, identifying gaps, and implementing improvements. Emphasize collaboration with team members and stakeholders to develop practical, effective policies that align with the company's strategic goals.

Reflect on key competencies needed for success in this role, such as attention to detail, communication skills, and adaptability in a changing financial landscape. Use examples to support your views, illustrating how these skills have contributed to your past successes.

Explain your commitment to professional development through continuous education, participation in accounting forums, and engaging with industry updates. Show your proactive approach to incorporating new regulations into your work practices.

Provide a specific instance where you built a strong working relationship with a client stakeholder. Discuss the challenges faced, how you addressed them collaboratively, and the positive outcomes resulting from this partnership.