Job Role Description

Finance > Controller

Salary National Average

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115450.0000 127620.0000 141850.0000

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Short Description:

A Controller is responsible for overseeing an organization's financial operations, including accounting, budgeting, financial reporting, and compliance with regulations. Their duties include managing the finance team, developing financial strategies, and ensuring accurate and timely financial statements. The Controller analyzes financial data to provide insights for decision-making and works closely with executive management to support organizational goals. Strong leadership, analytical skills, and expertise in accounting principles are essential for success in this role, as the Controller plays a critical role in maintaining the financial health and integrity of the organization.

Duties / Responsibilities:

  • Develop internal control policies, guidelines, and procedures for budget administration, cash and credit management, and accounting.
  • Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
  • Maintain knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
  • Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
  • Receive cash and checks and make deposits.
  • Prepare and file annual tax returns or prepare financial information so outside accountants can complete tax returns.
  • Advise management on short-term and long-term financial objectives, policies, and actions.
  • Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
  • Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
  • Develop and maintain relationships with banking, insurance, and nonorganizational accounting personnel to facilitate financial activities.

Skills / Requirements / Qualifications

  • Administration and Management: Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Economics and Accounting: Knowledge of accounting principles, practices, financial markets, banking, analysis and reporting of financial data.
  • Law and Government: Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
  • Mathematics: Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications
  • Accounting Software: Accurate NXG; Blackbaud The Financial Edge; FlexiLedger software; Intuit Quicken software
  • Compliance Software: Corporate Responsibility System Technologies Limited CRSTL Compliance Positioning System; FLS eDP.Payroll tax; Intrax ProcedureNet; Paisley Cardmap

Job Zones

  • Education: Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).
  • Related Experience: Extensive skills, knowledge, and experience are needed for these occupations. Many require more than five years of experience. 
  • Job Training: Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, or training.
  • Job Zone Examples: These occupations often involve coordinating, training, supervising, or managing the activities of others to accomplish goals. Very advanced communication and organizational skills are required. 
  • Specific Vocational Preparation in years: (8.0 and above)

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