Controller Job Description
Controller
provides accounting, and GAAP reporting guidance to the finance and accounting departments of all sizes.
Controller Duties & Responsibilities
To write an effective controller job description, begin by listing detailed duties, responsibilities and expectations. We have included controller job description templates that you can modify and use.
Sample responsibilities for this position include:
Managing the Finance staff with responsibility for all aspects of daily accounting operations and the related formulation and administration of overall accounting policies
Motivate, manage, and review Finance Director, Finance Manager, and other Finance Support Staff
Acting as a consultative resource to the Division President to understand business operations and extract information from accounting records/systems to facilitate the decision-making process
Make sound recommendations to enhance efficiency of accounting and reporting functions— supporting computer systems, and to ensure quality of data
Oversees the division’s accounting and finance functions
Preparation of figures and analysis for input to the year end statutory accounts for LLC in line with US GAAP and consistent with the relevant company's accounting policies
Design and implement financial, operational, and accounting control systems
Accounting policies and procedures
Establishing and directing organization-wide accounting policy in support of effective financial management
Continually assessing the effectiveness of the department, including the people, processes and technologies
Controller Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Controller
List any licenses or certifications required by the position: CPA, CMA, LSS, MBA, CFA, CFO, CEO, SOX, YMCA, ICQ
Education for Controller
Typically a job would require a certain level of education.
Employers hiring for the controller job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, MBA, Business/Administration, Education, Management, Manufacturing, Economics, Leadership
Skills for Controller
Desired skills for controller include:
Excel
SAP
GAAP
Accounting
Microsoft Office
US GAAP
Systems
Finance
Products
Processes
Desired experience for controller includes:
German is an additional asset
Managing the dept
Creating the annual budget with input from GM and Dept
2 + years of experience in controlling in international company, preferably in financial environment
Tool affinity to ensure with company applications
Profit and loss statements
Controller Examples
1
Controller Job Description
Job Description Example
Our growing company is hiring for a controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for controller
- Have overall responsibility for the Controller function including operational accounting, SEC and investor reporting, SOX compliance, transaction analysis, and interaction across the organization
- Define, enhance and implement financial reporting tools and systems
- Direct annual audit processes in coordination with fund auditors
- Management company accounting and operations
- Overseeing accounting and operations of foreign entities
- Supervise a 2–3 person development accounting group
- Oversee control systems, transaction-processing operations, and policies and procedures
- Ensure timely AP and AR accounting
- Manage and supervise accounting procedures
- Assess standard operating systems and assist the team in process improvements and general ledger system and determine appropriate time frame/cost for upgrade
Qualifications for controller
- Comprehensive understanding of the balance sheet and P/L partnership accounting
- Payroll receivables
- Monthly close monthly internal management and corporate reporting to Parent Company
- Establishing departmental goals and objectives that lead to the successful achievement of divisional and corporate goals and objectives
- Providing effective leadership and management to the department, while providing budget and business planning to the divisions’ managers
- Identifying problems and opportunities for improvement and generating creative solutions that improve qualitative and quantitative performance
2
Controller Job Description
Job Description Example
Our company is looking to fill the role of controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for controller
- Production and analysis of management information ensuring robust reconciliation of data to source systems including liaison with UK colleagues
- Coordinates month-end and year-end closing processes in timely and accurate manner
- Manage the accuracy and productivity of day-to-day activities of accounting
- Oversees activities of the accounting team and provides accurate and timely dissemination of financial reports
- Complete day-to-day accounting and financial management of an IT Services Company using Netsuite ERP
- Cultivating strong domestic and international cross-functional relationships with Customer Service, Manufacturing, Operations, R & D/Engineering, Sales and HR
- Develop and perform complex financial models and reports providing analytics to senior management, develop and maintain dashboards, KPI’s, and other performance trackers
- Integrate existing and future acquisitions
- Analyze the financial impact of equity raises, refinancings, and debt offerings
- Provide support for investor, rating agency, board, and other presentations
Qualifications for controller
- Actively participate in the budgeting/annual operating plan process
- Prepare and review monthly and quarterly financial reports and constantly implement improvements to achieve best in class information
- Act as liaison with external auditors, lenders, and others
- Demonstrate long-term strategic planning skills with strong understanding of valuation concepts and methodologies
- Timely monthly close of Accounts Receivable and Payable
- Preparation of all monthly Profit and Losses, to be approved by CFO before distribution, and all monthly management statements to outside partners
3
Controller Job Description
Job Description Example
Our company is growing rapidly and is looking for a controller. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for controller
- Develop process improvements while maximizing the full efficiencies of the accounting system
- Analysis and investigation of differences from actual to budget and year over year differences
- Preparation of all annual budgets for all real estate entities, to be approved by CFO
- Preparation of all financial statements and financial information requested by banks and insurance, to be approved by CFO
- Preparation and distribution of all information to partners, to be approved by CFO
- Full year end close and reporting for all real estate entities
- Maintaining monthly detailed analysis of all general ledger accounts for all real estate entities
- Preparation of monthly capital/tenant improvement schedules
- Preparation of Monthly and Year End accruals/deferrals for all real estate entities
- Reviewing Monthly outside Management statements in detail and responsible for accuracy
Qualifications for controller
- Pointing out any discrepancies/questionable items and resolving with management agents directly
- Keeping track of funds held at Management Agents and drawing out excess funds
- Annual tie up of all payroll taxes, W-2's and W-3's into general ledger for all real estate companies
- Approving the payment of all real estate entity Invoices and confirm they are all in budget
- Month end work
- Recs
4
Controller Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for controller
- Oversee monthly financial closings, which includes the Management of all books of original entry
- Function as a backup for maintaining and operating the computerized ADP payroll system
- Perform budget preparation and budget variance analysis
- Perform analytical financial statement reviews
- Prepare monthly Sales, Inventory, Labor reports and other pertinent financial information for senior management
- Prepare annual Form 1099 income forms and summaries
- Analyze contract/lease proposals and make recommendations
- Miscellaneous special projects and analyses
- Coordinating with fund administrators
- Coordinating with tax advisors
Qualifications for controller
- Communicating with third parties including attorneys, consultants, bankers, prime brokers, custodians, trading desks/back offices, vendors
- Performance calculations and general reporting for the funds
- Some compliance work
- A combination of public and private accounting experience or straight private equity fund experience
- Small firm exposure
- Proficiency with Excel is recommended
5
Controller Job Description
Job Description Example
Our company is hiring for a controller. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for controller
- Handle all functions of accounting, financial reporting and cash management
- Act as a liaison with the company’s internal accounting team regarding consolidation of the entity into the company’s SEC-filed financial statements
- Establish/maintain procedures to ensure proper internal controls are in place to effectively mitigate risks
- Review general ledgers/workpapers for development entities
- Review construction loan draws
- Review contracts, contract change orders, and performance bonds to ensure they are in compliance with specified terms
- Audit monthly subcontractor and major supplier invoices and ensure that all invoices have been accrued properly to the correct cost reports and phase codes
- Ensure that all subcontractor and major supplier lien waivers are in place prior to payment release
- Prepare and/or review quarterly financial statements for development entities
- Review forecasts of job cost reports, communicate deviations from budgets
Qualifications for controller
- Advanced working knowledge of QuickBooks Microsoft Excel, Word and Power Point
- RE Development/Construction background
- Maintain and control billing and collections and ensure integrity of the accounts receivable balances
- Healthcare payables
- Premium collections
- Administrative expense payables / budget activities