Controller Job Description [Updated for 2025]

In the world of finance and business operations, the focus on controllers has never been more significant.

As businesses evolve and expand, the demand for proficient individuals who can oversee and manage the financial health of an organization is growing.

But let’s delve deeper: What’s truly expected from a controller?

Whether you are:

• A job seeker trying to understand the scope of this role,
• A hiring manager outlining the perfect candidate,
• Or simply fascinated by the financial management aspect of businesses,

You’ve come to the right place.

Today, we present a customizable controller job description template, designed for seamless posting on job boards or career sites.

Let’s dive right into it.

Controller Duties and Responsibilities

Controllers, also known as financial controllers, oversee all aspects of a company’s financial activities.

This role requires a deep understanding of accounting principles, financial analysis, budgeting, and forecasting.

Controllers may also be involved in strategic planning and decision-making processes at the executive level.

Their daily duties and responsibilities include:

• Oversee all company accounting practices, including accounting departments, preparing budgets, financial reports, tax and audit functions
• Direct financial strategy, planning and forecasts; conferring with President, VP of Finance, and other executive management team members as necessary
• Supervise investment and cash management strategies
• Analyze and interpret financial data and recommend changes to improve systems and financial performance
• Ensure compliance with federal, state, and local legal requirements by researching existing and new legislation, consulting with outside advisors, and filing financial reports
• Coordinate audit activities and implement audit recommendations
• Monitor financial details to ensure that legal requirements are met, reviewing company financial reports and seeking ways to reduce costs
• Work with human resources employees to design benefit plans and manage related costs

 

Controller Job Description Template

Job Brief

We are seeking a highly skilled and experienced Controller to oversee our financial operations.

The Controller will be responsible for budget management, financial analysis, payroll, forecasting, accounts payable, accounts receivable, and financial reporting.

Key areas within the human resources function will be managed by the Controller including policy and strategic planning.

The successful candidate for this position will report directly to our CEO and play an instrumental role in the financial future of the company.

 

Responsibilities

• Guide financial decisions by establishing, monitoring, and enforcing policies and procedures.
• Protect assets by establishing, monitoring, and enforcing internal controls.
• Monitor and confirm financial condition by conducting audits and providing information to external auditors.
• Maximize return and limit risk on cash by minimizing bank balances and making investments.
• Prepare budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans.
• Achieve budget objectives by scheduling expenditures; analyzing variances; initiating corrective actions.
• Provide status of financial condition by collecting, interpreting, and reporting financial data.
• Comply with federal, state, and local legal requirements by studying existing and new legislation, anticipating future legislation, enforcing adherence to requirements, filing financial reports, and advising management on needed actions.
• Manage team of financial controllers and financial analysts.

 

Qualifications

• A minimum of 5 years’ experience in a similar role.
• In-depth knowledge of corporate finance and accounting principles, laws and best practices.
• Solid knowledge of financial analysis and forecasting.
• An analytical mind with a strategic ability.
• Excellent organizational and leadership skills.
• Outstanding communication and interpersonal abilities.
• BSc/BA in accounting, finance or relevant field; MSc/MA is a plus.
• CPA or other relevant qualification is a plus.

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Professional development opportunities

 

Additional Information

• Job Title: Controller
• Work Environment: Office setting with options for remote work. Some travel may be required for team meetings or client consultations.
• Reporting Structure: Reports to the CEO or CFO.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $105,000 minimum to $150,000 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 Controller Do?

A Controller is typically a senior executive in a business organization who oversees all accounting-related activities.

They work for corporations across industries including manufacturing, financial services, and technology firms, among others.

Their primary responsibility is to manage the company’s financial statements, including income statements, balance sheets, and cash flow statements.

They ensure that these financial reports are accurate and comply with laws, regulations, and standards.

Controllers work closely with other members of the finance team, such as accountants and financial analysts, to analyze and interpret financial data.

They provide insights into the company’s financial health and make recommendations to improve financial performance.

They also oversee the company’s budgeting processes, conducting regular budget reviews, and implementing cost-control measures.

Controllers often work with auditors to ensure that all financial information is accurately represented.

In addition, Controllers manage tax planning and compliance, ensuring that the company pays its taxes correctly and on time.

They may also be involved in strategic planning, risk management, and decision-making at the executive level.

Controllers need to have excellent leadership, communication, and analytical skills.

They must also have a thorough understanding of accounting principles, financial reporting standards, and tax laws.

 

Controller Qualifications and Skills

A Controller should have the skills and qualifications that align with your job description, such as:

• Strong financial acumen to understand and interpret financial data, create budgets, and make informed business decisions.
• Ability to perform complex financial analysis, forecasting and modeling using analytical skills.
• Comprehensive knowledge of accounting principles, tax laws and regulations, and accounting software and systems.
• Exceptional communication skills to effectively present financial information and complex financial concepts to non-financial staff and stakeholders.
• Strong leadership and management skills to oversee the accounting team and ensure all financial operations are running smoothly.
• Attention to detail and accuracy for preparing financial statements, reconciling account balances, and ensuring compliance with state and federal regulations.
• Proficiency in risk management and the ability to develop internal controls and procedures to mitigate risks.
• Problem-solving skills to identify, analyze, and resolve financial discrepancies and issues.
• Strategic planning and decision-making skills to guide business strategy and direction based on financial data and projections.

 

Controller Experience Requirements

Candidates for the Controller role often require a substantial amount of experience in finance or accounting, typically 5 to 10 years.

This experience can be gained through roles such as Accountant, Financial Analyst, or Audit Associate, amongst others.

Many companies also prefer their Controllers to have previous experience in a managerial or supervisory role, given the leadership responsibilities associated with this position.

This could be experience leading a team of accountants, managing financial projects, or overseeing an organization’s entire financial operation.

Controllers are also expected to have extensive knowledge of financial software and systems, which they often gain through years of hands-on experience.

This may include software for payroll, accounts payable and receivable, financial reporting, and budgeting.

Candidates with more than 10 years of experience often have a solid understanding of all aspects of financial management, including strategic planning, risk management, and regulatory compliance.

These individuals are well-prepared to take on the role of a Controller, as they can effectively oversee the financial health of an organization.

Furthermore, a high level of professional certification, such as being a Certified Public Accountant (CPA), may be required or preferred, which also requires several years of experience in the field.

 

Controller Education and Training Requirements

Controllers, also known as financial controllers, typically require a bachelor’s degree in a field such as finance, accounting, or business administration.

They also need a strong foundation in accounting principles, economics, and financial analysis.

Depending on the industry, controllers may also need to have knowledge in specific areas, such as manufacturing, healthcare, or government regulations.

Many employers prefer candidates with a master’s degree in business administration (MBA) or finance.

This higher level of education often indicates a more thorough understanding of financial management, strategic planning, and business operations.

Most positions require controllers to have professional certification, such as a Certified Public Accountant (CPA) or Certified Management Accountant (CMA).

These certifications ensure that the individual has met certain educational and experience requirements, and has passed an extensive exam.

Controllers are also expected to participate in ongoing professional development and training to stay current with financial laws and regulations, industry trends, and technological advancements in financial software and systems.

Several years of experience in finance or accounting, often at lower-level management positions, is typically required before someone can become a controller.

This experience helps to develop the necessary skills in financial reporting, budgeting, auditing, and strategic planning.

 

Controller Salary Expectations

A Controller makes an average of $96,764 (USD) per year.

This salary, however, can fluctuate based on factors such as years of experience, industry, and the geographical location of the job.

 

Controller Job Description FAQs

What skills does a controller need?

Controllers need to have excellent analytical and problem-solving skills, as they are responsible for reviewing and analyzing financial reports.

Strong communication and interpersonal skills are also important for presenting financial information to executives and stakeholders.

Controllers should also have a strong understanding of accounting practices and financial regulations.

 

Do controllers need a degree?

Yes, controllers typically need a bachelor’s degree in finance, accounting, or a related field.

Many companies prefer candidates with a master’s degree in business administration (MBA) or a Certified Public Accountant (CPA) designation.

In addition to formal education, controllers should have several years of experience in finance or accounting.

 

What should you look for in a controller resume?

In a controller resume, look for a solid educational background in accounting or finance and any certifications such as CPA.

Experience in overseeing financial operations, preparing financial reports, and managing accounting staff is crucial.

Additionally, look for experience in strategic planning, budget management, and any specialized experience relevant to your industry.

 

What qualities make a good controller?

A good controller is analytical, detail-oriented, and possesses strong leadership skills.

They should be proficient in strategic planning and decision-making based on financial data.

Additionally, a good controller maintains integrity and transparency in financial reporting and complies with all financial regulations and standards.

 

Is it difficult to hire controllers?

Hiring a controller can be challenging because it is a senior-level role that requires a combination of education, experience, and leadership skills.

It’s important to find a candidate who not only has a strong background in finance and accounting but also aligns with your company’s values and culture.

 

Conclusion

And there we have it.

Today, we’ve given you an inside look into the true responsibilities of being a controller.

Surprise, surprise?

It’s not just about balancing the books.

It’s about strategically steering the financial health of a business, one financial report at a time.

With our must-have controller job description template and real-world examples, you’re equipped to leap forward.

But let’s not stop here.

Go further with our job description generator. It’s your secret weapon for creating laser-focused job listings or honing your resume to perfection.

Remember:

Every financial decision is a brick in the foundation of your company.

Let’s construct that future. Together.

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