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Assistant Controller

Ruprecht Company
8 hours ago
On-site
Mundelein, IL, United States
Indeed

Description: Position Overview The Assistant Controller is the senior day-to-day accounting leader for two food business units. Reporting directly to the Vice President of Finance, this role owns the accounting engine across both businesses, including the close, financial statement integrity, balance-sheet controls, inventory and cost accounting, accounting policies and procedures, audit execution, and development of the accounting team. The businesses operate through distinct models: one includes food manufacturing and the other includes imported food products. Accordingly, the role requires strong technical accounting capability together with practical expertise in manufacturing costs, inventory, landed cost, international supply-chain economics, and multi-business-unit reporting. The Assistant Controller is a critical partner to the VP of Finance and works closely with Operations, Supply Chain, Procurement, Commercial/Sales, FP&A, and business-unit leadership to ensure accurate reporting, strong controls, and financially sound decision-making. Key Responsibilities Lead the monthly, quarterly, and annual close processes for both business units, establishing clear timelines, ownership, review standards, and escalation protocols. Own the accuracy and integrity of business-unit financial statements, including journal entries, accruals, account reconciliations, balance-sheet schedules, and investigation of unusual or material items. Ensure accounting practices are consistent with U.S. GAAP, company policy, and established accounting procedures; recommend and implement accounting policies and process improvements as needed. Lead accounting across the two business units and promote consistent accounting treatment, chart-of-account usage, close procedures, documentation standards, and financial controls. Own intercompany accounting and reconciliations, including allocations, eliminations, and timely resolution of intercompany differences. Provide accounting leadership for inventory across manufacturing and imported-product operations, including raw materials, packaging, WIP, finished goods, goods in transit, reserves, cycle counts, physical inventories, and inventory adjustments. Own or provide senior review of standard costing and product costing for the manufacturing business, including BOMs, routings, labor and overhead rates, purchase price variance, material usage, manufacturing variances, yield, waste, scrap, and overhead absorption. Ensure accurate landed-cost accounting for imported products, including product purchase cost, international freight, duties/tariffs, brokerage, insurance, drayage, and other applicable costs. Review freight, duty, purchase price, currency, and sourcing-related variances and partner with Procurement and Supply Chain to understand drivers and improve cost visibility. Oversee appropriate accounting for foreign-currency transactions and coordinate with the VP of Finance and other finance resources on exposure reporting and accounting treatment, where applicable. Serve as the primary accounting partner to the VP of Finance, proactively identifying significant accounting, reporting, control, inventory, or financial risks and recommending appropriate action. Partner with Operations and business-unit leaders to explain financial results and identify the underlying operational drivers of cost, margin, inventory, yield, waste, and working-capital performance. Support budgeting, forecasting, and management reporting by providing reliable historical results, accounting insight, trend analysis, and clear explanations of actual-to-plan performance. Own and continuously strengthen internal controls across key accounting cycles, including revenue, purchasing, inventory, fixed assets, accounts payable, accounts receivable, cash, and journal-entry processes. Lead accounting support for external audits and coordinate required schedules, documentation, reconciliations, control evidence, and responses to audit reque…

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