Our Corporate Controller job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Corporate Controller role
Corporate Controllers are responsible for managing the accounting operations of a company, including the production of financial reports, maintenance of accounting records, and a comprehensive set of controls designed to mitigate risk. This role ensures the accuracy of the company's reported financial results and ensures that reported results comply with generally accepted accounting principles.
Role Purpose
The purpose of the Corporate Controller role is to ensure the financial integrity and operational efficiency of the organization. This role is pivotal in developing financial strategies that support the company’s overall objectives and in providing accurate financial data to inform decision-making. The Corporate Controller is also crucial in maintaining compliance with financial regulations and standards, thus protecting the company from legal and financial risks. By managing the accounting department, the Corporate Controller ensures that the organization’s financial practices align with its strategic goals, promoting sustainability and growth.
Corporate Controller Summary
A Corporate Controller is responsible for overseeing the financial management and accounting functions of an organization. This role includes managing financial policies and procedures, ensuring compliance with regulatory requirements, and providing strategic financial guidance to senior management. The Corporate Controller plays a critical role in shaping the financial direction of the company, managing financial risks, and ensuring accurate financial reporting.
Corporate Controller Duties
- Oversee all financial operations and direct corporate financial planning and structure
- Coordinate, analyze, and report the financial performance to Management and Board of Directors
- Prepare short and long-term financial forecasts of financial performance for use with internal management and external parties
- Ensure compliance with all federal, state, and local corporate, payroll, and other applicable taxes
- Manage the accuracy and productivity of day-to-day activities of accounts payable, cash disbursements, invoicing/billing, customer credits and collections, payroll, perpetual inventory integrity, fixed asset records, general & entity accounting, cost accounting, and operations
- Develop and maintain systems of internal controls to safeguard financial assets of the organization
- Oversee the coordination and activities of independent auditors ensuring all audit issues are resolved, and compliance with all regulatory requirements
- Establish and maintain appropriate internal control safeguards
Corporate Controller Skills
- Expert knowledge of financial reporting and data mining tools such as SQL, Access, etc.
- Strong understanding of GAAP and applicable regulations
- Excellent analytical skills and experience in financial modeling
- Proficiency in ERP systems
- Outstanding communication and leadership skills
- Ability to manage multiple tasks and meet deadlines
- Advanced Excel skills, including VLOOKUP and pivot tables
- Problem-solving attitude and capability to work independently
Corporate Controller Requirements
- Bachelor's degree in Accounting, Finance, or related field
- Certified Public Accountant (CPA) or equivalent certification
- Minimum of 10 years of progressively responsible financial experience
- Experience in financial management within a corporate environment
- Knowledge of finance, accounting, budgeting, and cost control principles
- Strong understanding of corporate finance and performance management principles
- Experience with financial reporting requirements
- Familiarity with financial accounting statements
Personal Traits
- Attention to detail
- Integrity and ethical standards
- Strong organizational skills
- Ability to work under pressure
- Leadership and team management skills
- Excellent problem-solving abilities
- Adaptability and flexibility
- Strong interpersonal skills