Sunwater Capital is seeking an Assistant Controller with strong analytical, technology, communication, and organizational skills to assist the CFO with accounting operations, budgeting, and reporting, growing into the Controller role. Sunwater Capital is a North Bethesda-based investment and asset management firm covering real estate, information, and healthcare, as well as nonprofits.
The Assistant Controller will be responsible for accounting operations, budgeting, reporting, payroll, financial controls, and risk management. The Assistant Controller will also manage special projects such as acquisition integration, software implementation, and process improvements.
The Assistant Controller will report to the firm's CFO and have one direct report.
\n Reporting and Financial ControlsResponsible for reviewing and presenting monthly reporting and year end analyses for businesses and on a consolidated basis; update reporting templates as business needs changeReview monthly financial statements for each entityPerform a periodic review and maintenance of financial controlsManage financial statement audits TreasuryManage bank and credit accountsAssist with treasury management across the various businesses BudgetingManage the budgeting process and cash flow forecastingReview each team's budget and prepare budget v actual for specific businesses AccountingManage all aspects of the general ledger for the funds, businesses, and nonprofits, including preparing journals for M&A transactions and internal transactionsManaging subscription revenue recognition, coordinating with Sales and Customer teams, calculating key SaaS metrics (MRR, ARR, Churn Rate, etc.)Research accounting issues for compliance with generally accepted accounting principlesReview invoices and journal entriesIssue/release paymentsManage month-end closeReview bank reconciliationsReview management fee calculations OtherAssist in integrating new acquisitions/businessesIdentify and implement new processes to increase efficiency and accuracy of financialsSpecial projects Required Experience & Qualifications Bachelor's degree in Accounting5 - 7 years of work experience in an accounting role, at least half the time in a supervisory positionCertified Public Accountant preferredSaaS accounting experience preferred Hands-on corporate accounting and operations preferred Strong excel and technology skills; ability to quickly learn new software packagesSage Intacct experience a plus (designing reports and dashboards) Proven leadership skills and ability to develop teamsStrong business acumenSolid analytical and critical thinking skillsStrong attention to detailEffective verbal and written communication skillsHighly organized to track progress across different entities/businessesHigh energy, integrity, ability to learn quickly, proactive, curious, and collegial
\n$150,000 - $180,000 a year
Sunwater offers a comprehensive benefits package that includes paid health insurance covering dental and vision, a 401(k) plan with company matching, and generous paid time off.
Salary ranges from $150,000 to $180,000, depending on skills and experience.
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