Assistant Controller

Job description

The Assistant Controller is responsible for the integrity, accuracy, and consistency of financial reporting information for the U.S. finance organization. This includes applying accounting principles and procedures to analyze financial data, preparing accurate and timely financial and regulatory reports, and ensuring the effectiveness of internal accounting control processes. Additional responsibilities include analyzing financial performance and carrying out special projects.

Tasks and responsibilities

• Support for most aspects of accounting (e.g., recording assets and liabilities, revenue and expense recognition, tax forms, financial and regulatory reporting, etc.)
• Management of account balances and account reconciliations for monthly and annual closings
• Reviewing the company's financial statements to identify and correct inaccuracies or discrepancies
• Preparation of financial and regulatory reports in accordance with official regulatory and accounting requirements
• Assistance in preparing reports for senior management or regulatory authorities
• Assistance with preparing budgets and forecasts
• Support and participation in the preparation and entire process for audits (regulatory, financial reporting, and internal audits)
• Assistance in developing internal controls and policies to ensure compliance with legal requirements and established best practices
• Identification and Prevention of Deviations in the Existing Internal Control System
• Management and implementation of special projects and process improvement initiatives
• Support for assigned activities involving other units within the U.S. financial organization (e.g., units in New York, Chile, the Caribbean, and Switzerland)
• Utilizing and maximizing the use of accounting systems and technology tools to streamline and improve processes and maintain records
• Protecting corporate value by maintaining the confidentiality of information
• Compliance with anti-money laundering and bank secrecy laws, as well as Itaú-specific policies and procedures
• Ensuring that accountants and senior accountants maintain sufficient knowledge of financial functions as part of their backup responsibilities
• Cross-training of assigned team members for backup purposes
• Keeping professional skills up to date by participating in training programs, reading professional publications, maintaining personal networks, and joining professional organizations
• Other projects by assignment

Qualifications

• Bachelor's Degree in Accounting
• 10–15+ years of experience in financial accounting
• Experience in the broker-dealer industry is required
• Experience in regulatory reporting is required
• Solid knowledge of GAAP (Generally Accepted Accounting Principles) and industry and tax regulations
• Ver