Assistant Controller

About Waycrosse:
Established over 60 years ago, Waycrosse, Inc. is a single-family office based in Wayzata, MN. Waycrosse provides comprehensive wealth management services including: facilitating legal services, tax, insurance, and investments. We are passionate about being a most trusted partner to our clients and we look to hire individuals who can deliver outstanding service with the utmost confidentiality. We are proud to foster an inclusive workplace culture. We strive to attract, develop, and retain top caliber talent through competitive rewards, while ensuring alignment with our values and the achievement of our mission.

General Overview: 

The Assistant Controller works across the organization to support the accounting activities of the organization. This role involves preparing monthly financial reports, board materials, and conducting financial analysis. Additionally, the Assistant Controller ensures that proper internal controls are in place and functioning to effectively mitigate risks. This role is a key contributor to multiple workstreams within the team assisting or leading processes as required.

Key Areas of Responsibility:

Corporate financial reporting:

• Prepares timely and complete monthly financial statements
• Creates documentation of policies and procedures related to corporate and client financial reporting handled by the department
• Reconcile and ensure balance sheet reconciliations for Waycrosse and consolidated subsidiaries are completed monthly

Budget and Compliance:

• Consolidates annual budget materials and works closely with the Controller on overall budget process
• Ensure compliance with local, state, and federal reporting requirements including preparation and submission of required tax returns
• Gather data, present materials, address questions related to annual corporate audit

Corporate billing process:

• Provide guidance and expertise to ensure associated forecasting is up to date and collections are processed timely

Client accounting operations:

• Support daily, weekly, and monthly deadlines for money movement operations
• Ensure payments and receipts are processed in a timely manner
• Support underlying client financial reporting requirements

System Maintenance/Implementation:

• Shared administrative responsibilities for JD Edwards accounting software
• Partner with other system admins to troubleshoot and find solutions to system issues
• Oversee review of integrity reports
• Active participant in new or existing technology rollouts and enhancements, including the development of communication and training plans required

Professional Qualifications:

• 4-year accounting degree required
• Minimum 8 years of accounting experience
• Experience with corporate tax reporting and filing
• Advanced Excel skills and proficiency in Microsoft Office products
• Ability to communicate to a wide range of audiences with various levels of financial knowledge
• Excellent independent problem solving and analytical skills
• CPA and public accounting experience ideal, with substantial investment accounting knowledge a plus

Working Conditions

The physical working conditions of this position include an office environment. Sitting and working on a computer for extended periods of time are common.

Hybrid Work Environment:

We are currently in a hybrid work environment where employees are required to be in the office on Wednesday and a minimum of two other days per week (a total of three days in the office and 2 days remote). This work arrangement is subject to change and is at the discretion of Waycrosse.

Benefits Overview

Waycrosse, Inc. provides employees with a comprehensive benefit program including but not limited to medical, dental, life, vision, retirement (401K), and disability plans.