Controller Job Description Template

We are looking for a Controller to develop accounting policies and oversee all financial procedures of our company.

Document, monitor and update accounting policies
Ensure all payments are completed on time (including accounts payable and bank deposits)
Review quarterly and annual budgets for all departments
Analyze costs and profits
Set and track financial KPIs
Build risk assessment models to evaluate investments
Report on financial status on a regular basis and create ad-hoc reports when needed
Maintain accurate and up-to-date filing systems
Perform internal audits and assist with external audits
Ensure compliance with accounting and tax regulations

Work experience as a Controller or similar role
Thorough knowledge of accounting principles, procedures and legislation
Hands-on experience with general ledger accounts payable and accounts receivable functions
Experience with cash management and risk assessment
Good knowledge of accounting software
Attention to detail
Ability to work with tight deadlines
BSc or MSc in Accounting or Finance
CPA or CMA preferred

What does Controller do?

A Controller is responsible for overseeing the financial operations of an organization. On a day-to-day basis, their tasks may include:

Financial reporting: Prepare and review financial statements, including profit and loss statements, balance sheets, and cash flow statements.
Budgeting and forecasting: Develop, monitor, and revise the organization's budget, as well as prepare financial forecasts and projections.
Financial analysis: Analyze financial data and variances, identify trends, and provide insights to management for decision-making.
Accounts payable and accounts receivable management: Oversee the process of paying vendors, managing invoices, and collecting payments from customers.
Cash flow management: Monitor cash flow, including daily cash positions, cash forecasts, and cash flow projections.
Internal controls: Establish and enforce policies and procedures to ensure the accuracy and integrity of financial transactions and internal controls.
Financial planning and strategy: Collaborate with management to develop short-term and long-term financial objectives, and provide recommendations to improve financial performance.
Compliance and regulations: Ensure compliance with local, state, and federal financial regulations, as well as company policies and procedures.
Team management: Supervise and train accounting staff, review their work, and provide guidance and support when needed.
Auditing: Coordinate and participate in internal and external audits, including ensuring the accuracy and completeness of financial records.

It's important to note that the specific tasks performed by a Controller may vary depending on the size and industry of the organization.