Account and Finance Controller Job Description Template
As an Account and Finance Controller, you will play a critical role in overseeing the financial health of the company. You will be responsible for managing all financial operations, including accounting, budgeting, financial reporting, and compliance. You will work closely with other departments to ensure financial stability and contribute to strategic decision-making.
Responsibilities
- Oversee all accounting operations including Billing, A/R, A/P, GL, and Revenue Recognition.
- Manage the monthly, quarterly, and annual close processes.
- Prepare and publish timely monthly financial statements.
- Coordinate and direct the preparation of the budget and financial forecasts and report variances.
- Ensure quality control over financial transactions and financial reporting.
- Manage and comply with local, state, and federal government reporting requirements and tax filings.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- Coordinate internal and external audits to ensure compliance.
- Analyze financial data and provide insights to senior management.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field.
- CPA or CMA certification preferred.
- 5+ years of experience in accounting/finance, with at least 3 years in a supervisory role.
- Strong understanding of GAAP and financial reporting.
- Experience with ERP systems and financial software.
- Excellent analytical and problem-solving skills.
- Strong leadership and interpersonal skills.
- Attention to detail and high level of accuracy.
Skills
- Financial Reporting
- Budgeting and Forecasting
- GAAP
- ERP Systems
- Tax Compliance
- Internal Controls
- Audit Coordination
- Financial Analysis
- Excel
- Communication
Frequently Asked Questions
An Account and Finance Controller oversees all financial functions of an organization, including budgeting, reporting, and auditing. They ensure compliance with regulatory standards, manage financial statements, and implement financial strategies to achieve financial objectives. Their role is pivotal in safeguarding the organization's financial health by optimizing financial processes and controls.
To become an Account and Finance Controller, candidates typically hold a bachelor's degree in finance, accounting, or a related field. Many pursue advanced certifications like CPA or CMA. Experience in financial management roles is essential. Developing skills in financial analysis, leadership, and strategic planning is crucial, along with proficiency in financial software and systems.
The average salary for an Account and Finance Controller varies based on factors like location, experience, and industry. Typically, these professionals earn a competitive salary, reflective of their crucial role in managing financial operations. Benefits packages often accompany the salary, including bonuses, health insurance, and retirement plans, enhancing overall compensation.
Qualifications for an Account and Finance Controller generally include a degree in accounting or finance. Additionally, certifications such as CPA, CMA, or similar are highly valued. Significant experience in accounting roles, expertise in financial regulations, and proficiency in accounting software and ERP systems are crucial for success in this position.
Key skills for an Account and Finance Controller include financial analysis, budgeting, auditing, and regulatory compliance. Responsibilities involve preparing financial reports, leading accounting teams, and advising on financial strategy. Strong leadership, attention to detail, and excellent communication skills are essential to perform these duties effectively.