Business Unit Controller Job Description [Updated for 2025]

In the complex world of business, the role of a Business Unit Controller has become increasingly critical.
As businesses grow and evolve, the demand for proficient individuals who can monitor, manage, and optimize the financial health of business units escalates.
So, let’s break it down: What’s truly expected from a Business Unit Controller?
Whether you are:
- A job seeker aiming to understand the core of this role,
- A hiring manager outlining the perfect candidate,
- Or simply curious about the intricate role of a Business Unit Controller,
You’ve landed at the right spot.
Today, we introduce a customizable Business Unit Controller job description template, designed for easy posting on job boards or career sites.
Let’s dive right in.
Business Unit Controller Duties and Responsibilities
Business Unit Controllers are key figures in a company’s financial department, responsible for managing and overseeing all financial activities of a specific business unit.
They take on a strategic role in planning and implementing financial plans, as well as ensure compliance with legal requirements.
Their duties and responsibilities include:
- Managing and overseeing all financial activities within a specific business unit
- Preparing and analyzing financial reports and statements
- Creating and implementing financial strategies and plans to achieve the business unit’s objectives
- Performing budgeting and forecasting activities for the business unit
- Ensuring compliance with financial regulations and standards
- Working closely with other departments to provide financial insight and advice
- Identifying and implementing cost-saving measures
- Monitoring the business unit’s financial performance and making recommendations for improvements
- Assisting in the development of pricing strategies and financial models
- Liaising with auditors and managing internal controls
- Conducting financial risk assessments and implementing mitigation strategies
Business Unit Controller Job Description Template
Job Brief
We are seeking a detail-oriented and strategic Business Unit Controller to join our financial team.
The Business Unit Controller will be responsible for overseeing financial operations of our business units, including financial planning, budgeting and risk management.
The ideal candidate should have a strong understanding of business finance, high level of financial analysis skills and ability to strategize and implement financial plans.
Ultimately, the role of the Business Unit Controller is to provide financial leadership and make decisions to promote the financial well-being of the business unit.
Responsibilities
- Oversee and manage all financial operations within the business unit
- Develop and implement financial plans and strategies
- Create and maintain budgets, and ensure the business unit is operating within budget
- Identify areas of financial risk and develop risk management strategies
- Coordinate with other department leaders to monitor and support financial operations and growth
- Prepare financial reports and present findings and recommendations to company leadership
- Ensure compliance with financial regulations and standards
- Collaborate with corporate finance teams on company-wide financial strategy and decisions
Qualifications
- Proven work experience as a Business Controller, Financial Controller or similar role
- Strong knowledge of financial regulations and procedures
- Experience with financial software and systems
- Excellent analytical and strategic planning skills
- Strong leadership and decision-making abilities
- Ability to communicate and present financial information to non-financial colleagues and stakeholders
- BSc degree in Accounting, Finance or relevant field; MSc/MBA is a plus
- Professional certification (e.g. CMA, CPA) is a plus
Benefits
- 401(k)
- Health, dental and vision insurance
- Retirement plan
- Paid time off
- Professional development opportunities
Additional Information
- Job Title: Business Unit Controller
- Work Environment: This role operates in a professional office environment with potential for remote work. Travel may be required depending on business needs.
- Reporting Structure: Reports to the Chief Financial Officer (CFO).
- Salary: Salary will be based on candidate’s experience and qualifications, along with market and business considerations.
- Pay Range: $120,000 minimum to $170,000 maximum
- Location: [City, State] (specify the location or indicate if remote)
- Employment Type: Full-time
- Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
- Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].
What Does a Business Unit Controller Do?
Business Unit Controllers are primarily found in the financial sector but may work in any large organization that is divided into separate business units or subsidiaries.
They have the responsibility of overseeing all financial activities within a specific business unit, ensuring that the unit’s financial performance aligns with the company’s strategic goals.
They prepare and manage the financial budget of the business unit, analyzing financial data to detect discrepancies, variances, and opportunities for cost savings.
Business Unit Controllers work closely with the unit’s management team to provide financial insights that aid in decision-making processes.
They also review and approve spending requests, ensuring that all expenditures align with the budget and company policies.
In addition, they may be tasked with ensuring compliance with financial regulations and standards, including tax laws and accounting practices.
Business Unit Controllers are expected to regularly report to senior management, providing critical analysis and financial reports that detail the performance of the business unit.
They also work closely with auditors during internal or external audits.
Business Unit Controller Qualifications and Skills
A competent Business Unit Controller should have a mix of both soft and hard skills that are aligned with the demands of the job, such as:
- Strong knowledge of financial planning, budgeting and forecasting to create strategic plans for the business unit.
- Excellent leadership abilities to manage, guide and motivate the financial team and to coordinate and collaborate with other departmental heads.
- Exceptional analytical and problem-solving skills to interpret complex financial data and make informed decisions.
- Strong communication and interpersonal skills to effectively present financial information and engage with stakeholders, both internal and external.
- High proficiency in financial software and applications to facilitate financial management and reporting.
- Detail-oriented and organized to ensure accuracy and consistency in financial data and reports.
- Strong understanding of regulatory requirements and accounting principles to ensure compliance.
- Ability to work under pressure and meet deadlines while managing multiple tasks.
Business Unit Controller Experience Requirements
Business Unit Controllers usually require a minimum of 5 to 7 years of experience in financial management or a related field.
This experience should ideally be in a corporate setting, where they would gain exposure to various financial functions and strategies.
Entry-level candidates may start their careers in roles such as Financial Analyst or Accountant, which helps them gain a solid understanding of financial regulations, budgeting and financial reporting.
Those with 3 to 5 years of experience may progress to roles such as Assistant Controller or Financial Manager.
In these positions, they can learn to oversee financial activities, prepare financial forecasts, and manage a team of financial professionals.
Candidates aiming to become Business Unit Controllers should ideally have more than 7 years of experience and demonstrate a proven track record in financial leadership roles.
This may include experience in roles like Chief Financial Officer, Finance Director or a similar high-level position.
In addition to the above, experience with financial software, mergers and acquisitions, and strategic planning is also highly beneficial for a Business Unit Controller role.
Candidates are often required to have a strong understanding of the business they are in, highlighting the importance of industry-specific experience.
Business Unit Controller Education and Training Requirements
Business Unit Controllers typically have a bachelor’s degree in business, finance, accounting or a related field.
They also need strong financial analysis skills and a deep understanding of financial principles and corporate governance.
Knowledge in areas such as budgeting, auditing, and financial reporting is also crucial.
Business Unit Controllers may also require professional certifications such as Certified Public Accountant (CPA), Certified Management Accountant (CMA), or Chartered Financial Analyst (CFA).
These certifications not only provide the necessary credentials but also demonstrate a commitment to professional development and ethical standards.
Many businesses prefer Business Unit Controllers to have a master’s degree in business administration (MBA) or finance.
This higher level of education can signify a greater depth of knowledge and leadership abilities.
Experience plays a significant role in this profession, with many companies requiring several years of experience in financial management or a related field.
Continued education, through attending workshops and seminars, is also beneficial for staying updated on the latest industry trends and regulations.
Business Unit Controller Salary Expectations
A Business Unit Controller earns an average salary of $105,890 (USD) per year.
The actual salary can vary widely depending on factors such as the size of the company, the industry in which the company operates, the level of experience of the individual, and the geographical location of the business unit.
Business Unit Controller Job Description FAQs
What skills does a Business Unit Controller need?
A Business Unit Controller should have strong financial acumen, analytical thinking, and excellent problem-solving skills.
They must be proficient in financial software and have a good understanding of financial regulations and legislation.
Apart from that, good communication, leadership, and strategic planning skills are also necessary for this role.
Do Business Unit Controllers need a degree?
Yes, a degree is typically required for the position of a Business Unit Controller.
Most employers prefer candidates with a degree in Accounting, Finance, or a related field.
Moreover, professional certifications like Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) are often preferred.
What should you look for in a Business Unit Controller resume?
A Business Unit Controller’s resume should reflect a strong background in finance or accounting.
Look for experience in managing budgets, forecasting, reporting, and strategic planning.
Proficiency in financial software and tools is a must.
Certifications like CPA or CFA can be an added advantage.
Leadership experience, along with a proven record in managing financial procedures and policies, is also beneficial.
What qualities make a good Business Unit Controller?
A good Business Unit Controller is highly analytical and detail-oriented, with strong decision-making skills.
They should have a strong understanding of financial processes and the ability to interpret and analyze financial data.
They should be excellent communicators, capable of explaining complex financial concepts to non-financial team members.
Leadership skills and the ability to work under pressure are also essential qualities for this role.
What are the daily duties of a Business Unit Controller?
A Business Unit Controller typically oversees the financial operations within a department or unit.
Their daily duties might include preparing financial reports, budgeting, forecasting, analyzing financial data, managing cost and general accounting, performing internal audits, and ensuring compliance with financial regulations.
They might also work closely with upper management to develop strategic plans for the business unit.
Conclusion
And there we have it.
Today, we’ve unveiled the true essence of a business unit controller.
Surprised?
It’s not just about crunching numbers.
It’s about shaping the financial trajectory of a company, one financial report at a time.
Equipped with our trusted business unit controller job description template and real-world examples, you’re ready to take the leap.
But why end here?
Delve deeper with our job description generator. It’s your next destination for creating precisely-tailored job listings or refining your resume to perfection.
Keep in mind:
Every financial report contributes to the larger financial health of the organization.
Let’s shape that future. Together.
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