Want to take your finance skills to the next level? A financial controller, sometimes known as a comptroller or financial control officer, might be the gig for you. As a management level position responsible for planning, organizing, evaluating, and as the name suggests, controlling the operation of financial departments, a financial controller oversees the day-to-day operations that keep a company's finances running smoothly.
Usually employed in the private sector or in government, financial controllers tend to work under the Chief Financial Officer, managing a staff of accountants or other individuals. They employ a key fiduciary responsibility and can be tasked with developing and implementing financial policies, preparing financial statements, summaries and reports, organizing the budget process, managing cash flow, evaluating accounting procedures and investment activities, and making recommendations for changes.
The main responsibility of a financial controller is to ensure the finances are in place in all departments he or see oversees. With such an important fiduciary responsibility, a financial controller is likely to have a reputation as dependable, open and trustworthy. Additionally, it is crucial that a financial controller have several years of experience in finance with a thorough understanding of all areas of the industry in order to control operations. Prior experience in management is likely to be an asset.
- Reliable, trustworthy, with strong leadership qualities
- Extensive knowledge of finance, accounting, and budgeting
- Experience in a management position