Accounting Controller Job Description Template
The Accounting Controller is a key member of the finance team responsible for overseeing the accounting operations of the company, including financial reporting, maintaining accounting records, and ensuring compliance with financial regulations. This position plays a critical role in supporting the company's financial health and strategic decision-making.
Responsibilities
- Oversee all accounting operations including A/R, A/P, GL, and cost accounting
- Prepare and publish timely monthly financial statements
- Coordinate the preparation of regulatory reporting
- Research technical accounting issues for compliance
- Support month-end and year-end close processes
- 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
Qualifications
- Bachelor's degree in Accounting, Finance, or related field
- Certified Public Accountant (CPA) or Certified Management Accountant (CMA) designation preferred
- Proven experience as an Accounting Controller or equivalent role
- Thorough knowledge of accounting principles and procedures
- Experience with creating financial statements and general ledger functions
- Excellent accounting software user and administration skills
- Strong attention to detail and confidentiality
Skills
- Financial Reporting
- A/R and A/P Management
- General Ledger
- Cost Accounting
- GAAP Compliance
- Financial Analysis
- Excel
- ERP Systems
- Regulatory Compliance
Frequently Asked Questions
An Accounting Controller manages all financial aspects of a company. Their main duties include overseeing accounting operations, preparing budgets and reports, ensuring compliance with regulations, and developing controls to streamline processes. They play a critical role in financial planning and analysis, helping senior management make informed decisions. Controllers often supervise accounting staff and coordinate audits, making them pivotal in maintaining financial integrity.
To become an Accounting Controller, one typically needs a bachelor's degree in accounting or finance, along with professional certification like CPA or CMA. Extensive experience in accounting, financial analysis, and management is essential. Initially, one should aim for roles like Accountant or Financial Analyst, gradually advancing to senior positions. Developing skills in financial software, leadership, and strategic planning is crucial for career progression.
The average salary for an Accounting Controller varies based on factors like industry, location, and experience. Controllers in large metropolitan areas or specialized industries often earn higher salaries. Typically, they enjoy additional benefits such as bonuses, health insurance, and retirement plans. Factors such as advanced certifications and proven expertise in financial controls can further enhance earning potential.
An Accounting Controller typically requires a bachelor's degree in accounting or a related field. Advanced qualifications like a CPA or CMA are highly desirable. Employers usually seek candidates with at least a few years of experience in senior accounting or finance roles. Skills in financial management, regulatory compliance, and proficiency in accounting software are crucial. Continuing education is also beneficial to keep up with evolving industry standards.
An Accounting Controller must possess strong analytical skills, attention to detail, and excellent organizational abilities. Key responsibilities include managing financial operations, developing internal controls, and preparing financial reports. They should be adept in using financial software and have a solid understanding of accounting principles. Leadership skills are essential, as they often supervise teams and liaise with other departments to ensure financial integrity and compliance.