• Assistant Controller

    Job Location US-MA-Cambridge
    Posted Date 1 month ago(1 month ago)
    Requisition ID
  • Overview

    Draper is an independent, nonprofit research and development company headquartered in Cambridge, MA. The 1,700 employees of Draper tackle important national challenges with a promise of delivering successful and usable solutions. From military defense and space exploration to biomedical engineering, lives often depend on the solutions we provide. Our multidisciplinary teams of engineers and scientists work in a collaborative environment that inspires the cross-fertilization of ideas necessary for true innovation. For more information about Draper, visit www.draper.com.


    Our work is very important to us, but so is our life outside of work. Draper supports many programs to improve work-life balance including workplace flexibility, employee clubs ranging from photography to yoga, health and finance workshops, off site social events and discounts to local museums and cultural activities. If this specific job opportunity and the chance to work at a nationally renowned R&D innovation company appeals to you, apply now www.draper.com/careers.



    Equal Employment Opportunity

    Draper is committed to creating a diverse environment and is proud to be an affirmative action and equal opportunity employer.   We understand the value of diversity and its impact on a high-performance culture.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.   


    Draper is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, please contact hr@draper.com.


    This role will report to the Director of Accounting and will be involved in and oversee the activities of the company’s daily accounting functions.  Knowledge of GAAP accounting principles is required for preparation of the monthly and annual financial statements. In addition to monitoring the daily accounting functions, the Assistant Controller should be well positioned to assist in developing and driving continuous financial process improvement across the company. This position has two direct reports and will oversee the Accounts Payable, Payroll, and General Ledger functions as well as providing direction, support and mentoring to those employees. The Assistant Controller will be responsible for:


    • Day-to-day transactional accounting activities ensuring that accounting and internal control procedures are adhered to through the processes
    • Supervise direct reports and provide leadership and oversight to Disbursements (AP/Travel and Payroll) and General Ledger teams. Carry out supervisory responsibility in accordance with the organization’s policies and applicable laws. Responsibilities include: interviewing, hiring and training employees; planning, assigning and directing work; setting quarterly KPIs and appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
    • Manage outsourced business relationships including with ADP and external tax advisor(s)
    • Maintain ongoing review of and enhancements to process-and-procedures documentation
    • Assist in the coordination of all audit activity; provide support to internal and external auditors
    • Oversee key account reconciliations and monitor ledgers and reporting systems to verify compliance with applicable GAAP standards
    • Assist in adoption of new accounting standards (e.g., ASC 606)
    • Partner with FP&A to support internal measurement reporting
    • Responsible for the accurate and timely month-end close; produces month-end financial reports
    • Maintain cash forecast and related analyses
    • Manage the preparation of data needed to support  the OMB A-133 report and Schedule of Federal Awards
    • Manage the preparation and submission of the IRS 990 reports
    • Oversee Royalty tracking and reporting process
    • Develop reporting and variance analysis tools
    • Manage regulatory filings for taxes, including personal property and business licenses
    • Work with Director of Accounting to evaluate and implement new systems for accounting as needed
    • Assist with related special projects as required



    Ideal candidates should have extensive accounting knowledge with at least 7 to 10 years of experience, including managerial roles, complemented by a Bachelor’s Degree or higher in the field of Accounting, Finance or the equivalent. Candidate should possess excellent organizational skills, strong attention to detail, be self-motivated, execute good time management skills and have the ability to communicate with people on all levels with both technical financial expertise and in a non-financial capacity. A demonstrated ability to be proactive and forward thinking in a rapidly-growing, progressive organization is also required.

    • Bachelor’s degree (B.A /B.S.) in accounting, finance or equivalent
    • Seven to ten years of progressively responsible experience including three years in managerial/supervisory roles
    • CPA, Government Accounting, and/or not-for-profit experience a plus
    • Excellent management skills and ability to educate and develop staff
    • Acute attention to detail and consistency
    • Demonstrated ability to plan and organize projects
    • Experience with ERP systems and reporting systems such as PeopleSoft, Oracle or SAP and ADP
    • Exceptional GAAP accounting knowledge
    • Demonstrated ability to improve financial processes and controls ensuring adherence to accounting guidelines
    • Commitment to excellence and high standards
    • Excellent written and verbal communication skills
    • Strong Microsoft tools skills - Excel, Word, PowerPoint
    • Strong organizational, problem-solving, and analytic skills; able to manage priorities and workflow
    • Versatility, flexibility, and continuously learning
    • Initiative- willingly does more than is required or expected in the job, goes the extra mile in terms of time and effort, self-motivated and seized opportunities to make a difference
    • Results orientation- Effectively execute on plans, drives for results and takes accountability for outcomes perseveres and does not give up easily in challenging situations; recognizes and capitalizes on opportunities; takes full accountability for achieving (or failing to achieve) desired results.
    • Ability to build working relationships and confidently communicate with other business areas and the senior executive leadership team


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