The Job Description of a Controller
A controller is a financial accounting position that is usually the top supervisor position in an accounting office. In larger companies, the controller will usually report to the chief financial officer; in smaller companies, the controller may be the highest accounting position.
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Major Duties
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A controller's main duties are to directly supervise the accounting department, review financial statements, prepare for audits, and assist upper-level management with ad hoc financial analysis.
Desired Education
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Most controller positions require an accredited bachelor's degree in accounting or finance. A post-graduate degree such as an MBA or Master of Accountancy is better.
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Desired Experience
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While experience may vary depending on the company and/or industry, most controller positions request 7 to 10 years of progressive accounting experience, including previous supervisory duties.
Accounting Licenses
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Either a certified public accountant (CPA) or certified management accountant (CMA) license is a solid qualification for a controller position. Some companies may require a license for their controller position.
Pay Scale
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Compensation levels for controller positions will vary by company and industry; regional cost-of-living indexes will also affect total pay. According to a June 2009 PayScale industry report, the average salary for a controller with 7 to 10 years quality accounting experience is $71,000 annually.
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