Corporate Controller Job Description Template
We are seeking a results-driven corporate controller to oversee our financial operations. You will be performing financial planning, optimizing financial processes, and preparing budgets and reports.
To ensure success as a corporate controller, you should demonstrate in-depth knowledge of financial management principles and extensive experience in a similar role. A first-class corporate controller will be someone whose expertise translates into optimized financial operations and increased profitability.
Corporate Controller Responsibilities:
- Guiding financial decisions by developing and monitoring policies and procedures.
- Evaluating and enhancing financial controls and tax return procedures.
- Analyzing and interpreting balance sheets, income statements, cash flow, and liabilities.
- Performing internal audits and financial risk assessments, as well as facilitating intervention strategies.
- Preparing annual budgets, forecasts, and reports, as well as reviewing journal entries and account reconciliation.
- Monitoring closing processes, billing, invoicing, expenses, reimbursements, and payroll administration.
- Maximizing returns on excess cash balances and improving closing and reporting cycles.
- Coordinating and recording investments and maintaining fixed asset records.
- Overseeing financial and accounting staff and analyzing profit center performance metrics.
- Documenting processes and ensuring compliance with financial management and accounting regulations.
Corporate Controller Requirements:
- Bachelor’s degree in accounting, finance, or a similar field.
- A Master’s degree with a focus on corporate financial management is preferred.
- At least five years’ experience as a financial administrator, or similar.
- Advanced competency in financial management and accounting software, such as Idu-Concept and FreshBooks.
- In-depth knowledge of accounting standards and industry regulations.
- Extensive experience in corporate finances, auditing, and performance management.
- Superb organizational and time management abilities.
- Excellent leadership, communication, and collaboration skills.
- The Corporate Controller is responsible for overseeing a company’s financial reporting, accounting processes, internal controls, and compliance with regulatory requirements. They often play a key role in strategic financial planning and decision-making.
- Key responsibilities typically include financial reporting, budgeting and forecasting, managing financial risks, ensuring compliance with accounting standards and regulations, overseeing internal controls, managing the accounting team, and providing financial analysis and insights to support business decisions.
- Strong analytical skills, attention to detail, leadership abilities, excellent communication skills, proficiency in financial software and systems, knowledge of accounting principles and regulations, and the ability to adapt to changing business environments are all important skills for a Corporate Controller.
- While both roles are crucial to a company’s financial management, the CFO typically focuses on broader strategic financial planning, capital allocation, investor relations, and overall financial strategy, whereas the Corporate Controller is more focused on day-to-day financial operations, reporting, compliance, and internal controls.