Job Description for a Comptroller
A comptroller oversees the financial affairs of a business or government office. Also known as controllers, these financial managers hold a great deal of responsibility for their companies' financial success.
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Duties
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A comptroller's work includes reviewing all accounting information, financial statements, payroll, investments and other financial dealings. Comptrollers must set financial goals and closely follow a budget to ensure financial order. They also attend meetings to offer input on how business dealings may affect a company's financial situation.
Character Traits
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Comptrollers must be accurate and thorough in their work, comfortable working independently and with a team, and efficient and timely in submitting financial reports and creating financial solutions.
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Qualifications
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Substantial working knowledge of tax laws, auditing procedures, financial reports and data analysis is critical. Comptrollers also need good communication skills, because they compile financial reports for company CEOs. Certified public accountant (CPA) status is a standard qualification.
Education
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A bachelor's degree in accounting or other finance-related major is typical, according to the U.S. Bureau of Labor Statistics, although many comptrollers obtain master's degree or financial certifications to remain competitive in the job market. Classes should include a heavy emphasis on computers, mathematics and business management.
Job Outlook and Pay
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A comptroller's pay depends on company size, geographical location and industry. According to the Bureau of Labor Statistics, average job growth (8 percent) is expected between 2008 and 2018. The bureau reported that in May 2008, the average annual salary range was $72,030 to $135,070.
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References
- Photo Credit Image by Flickr.com, courtesy of George Kelly
