Controllers maintain all finances and budgetary practices for a company by bookkeeping, budgeting and creating financial reports. They act in a financial leadership role by overseeing the activities of the accounting department and help to ensure that a company is financially successful.
What Responsibilities Will I Have?
- Maintain a documented system of accounting policies and procedures
- Oversee the operations of the accounting department
- Ensure that suppliers are paid correctly and on time
- Ensure that payments from customers are collected promptly
- Process payroll in a timely manner
- Maintain all financial information in an organized manner
- Create and present financial statements
- Check company manufacturing costs and ensure that the company is operating efficiently
- Coordinate the preparation of the corporate annual reports
- Develop monthly forecasting reports, financial models, budgets and metrics
- Manage the production of the annual budget and forecasts
- Provide recommendations for company cost-saving measures
- Comply with local, state and federal government reporting requirements and tax filings
Recommended High School Courses:
- agricultural education
- personal finance
You must have, at minimum, a bachelor’s degree in accounting or business administration to be a controller. Higher degrees, like a master’s in business administration or a related degree, will give candidates a competitive edge. Often controllers have passed an exam and have become either a certified public accountant or certified management accountant.