Assistant Controller

Job Summary
The IAM National Benefit Funds Office is conducting a search for an Assistant Controller to support and assist the Controller and Director of Accounting and Finance for the IAM National Pension Fund, IAM National 401K Fund, and the National IAM Benefit Trust Fund (the “Funds”) located in Washington, D.C.

The IAM National Pension Fund is the 5th largest multiemployer pension fund in the United States. The Fund has approximately 13 billion in assets and over 1,500 contributing employer locations. The IAMNPF has provided valuable retirement benefits for members of the International Association of Machinists and Aerospace Workers and their families for over 50 years. The I.A.M. National Pension Fund (“NPF) is a collectively bargained labor-management pension trust fund established under the authority of the Taft-Hartley Act and the Employee Retirement Income Security Act of 1974 (“ERISA”). The Fund is governed by a joint Board of Trustees (the “NPF Trustees”), which consists of an equal number of union and employer representatives.

Responsibilities and Duties

• Lead the Department’s efforts in the Annual Audits of each of the three Funds
  • Manage Prepared-by-Client (PBC) lists for the three annual audits
  • Coordinate deliverables with other stakeholders throughout the Fund Office regarding requested items
  • Assist in preparing Financial Statements, Supporting Schedules, Disclosures, Footnotes, etc.
  • Support the Controller and Director of Finance in interfacing with the outside auditors
  • Preparation and review of reports required for Board of Trustees meetings for each of the three Funds,
• Maintaining the General Ledgers for each of the three Funds 
  • Timely and accurate monthly close for each Fund
  • Monthly reconciliations
  • Monthly internal reporting
• Manage General Ledger staff up to five.
• Actively participate in the implementation/maintenance of two Benefit Application Systems to be used by the Funds and relied on for recordation of transactions.
• Oversee the Accounts Payable process for each of the three Funds, including
  • Review of invoices and oversight of payment runs
  • Adherence to Cost Sharing Agreements and Budget
  • Serve as system admin for AP Automation application (AvidXchange)
• Oversee the Cash Receipts process for each of the three Funds, including
  • Serve as a liaison between Accounting and other departments
  • Adherence to related policies for cash and types of deposits
• Support the Controller in the Budget Process for each of the three Funds
  • Annual Budget process on Department level
  • Maintain records for Budget contingencies

Qualifications and Skills

• Bachelors or master’s degree in Accounting, CPA preferred
• Minimum of 7 years of accounting experience, including 4 years of managing multiple staff of various levels. Public Accounting experience with medium sized firm a plus.
• Experience using multiple accounting systems; NetSuite and Concur a plus; demonstrated proficiency in MS Excel is required.
• Demonstrated ability to show initiative, solve problems, handle multiple tasks simultaneously and remain calm under pressure.
• Demonstrated ability to train, lead, leverage staff skill sets and improve processes.
• Demonstrated ability to work independently, prioritize and develop timelines and schedules.
• Strong customer service orientation and communication skills, both verbal and written, with the ability to interact effectively with all levels of staff and management with varying degrees of financial knowledge.
• Excellent organization skills and the ability to handle multiple, competing tasks simultaneously

Complete benefit package paid in full by the Fund. The benefits include health, dental, vision, short term disability, life, 401k, and pension plan.

E/O/E

Job Type: Full-time
Ability to Relocate:
Washington, DC 20003: Relocate before starting work (Required)
Work Location: Hybrid remote in Washington, DC 20003