What is an Accounting Controller Job?
An accounting controller job involves overseeing and managing the financial activities of an organization. This position is responsible for ensuring that the company's financial records are accurate and up-to-date, and that financial procedures are being followed in accordance with legal and regulatory requirements.
What Usually Do in This Position?
In this position, an accounting controller is responsible for a variety of tasks, including managing the accounting department, preparing financial reports, analyzing financial data, and ensuring compliance with accounting standards and regulations. The controller also works closely with other departments within the organization to ensure that financial information is being communicated effectively.
Top 5 Skills for Position
- Strong analytical skills
- Attention to detail
- Excellent communication skills
- Leadership ability
- Knowledge of accounting software and financial systems
How to Become this Type of Specialist
To become an accounting controller, individuals typically need a bachelor's degree in accounting or a related field. Many also pursue a master's degree in accounting or business administration. Certification as a Certified Public Accountant (CPA) may also be required or preferred by some employers.
Average Salary
According to salary data from the Bureau of Labor Statistics, the median annual salary for accountants and auditors was $73,560 as of May 2020.
Roles and Types
The role of an accounting controller can vary depending on the organization and industry. Some common titles for this position include Controller, Director of Accounting, and Chief Financial Officer (CFO). In addition, there are various types of organizations that hire accounting controllers, including corporations, non-profits, and government agencies.
Locations with the Most Popular Jobs in USA
According to data from the Bureau of Labor Statistics, the states with the highest employment levels for accountants and auditors as of May 2020 were California, Texas, New York, Florida, and Illinois.
What Are the Typical Tools
Accounting controllers typically use a variety of tools to manage financial information, including accounting software, financial reporting systems, and spreadsheets. In addition, they may use data visualization tools to analyze financial data and communicate information to other members of the organization.
In Conclusion
An accounting controller job is an important role within an organization, responsible for managing financial information and ensuring compliance with accounting standards and regulations. To succeed in this position, individuals need strong analytical skills, attention to detail, leadership ability, and knowledge of accounting software and financial systems. With the right education and experience, a career as an accounting controller can be both rewarding and fulfilling.