Financial Controlling Job Description
Financial controlling
provides support in a timely fashion, understand new US GAAP, US GAAP ICA, and IFRS accounting guidance, and discuss appropriate accounting treatment.
Financial Controlling Duties & Responsibilities
To write an effective financial controlling job description, begin by listing detailed duties, responsibilities and expectations. We have included financial controlling job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide timely financial reporting and analysis to support Sales teams within the finance organization, controls and understands the changes in the sales structure the changes in pricing
SAP to Grape reconciliations ensuring that sales / margin / inventory / budgets and forecasts align
Reconcile and monitor monthly financial results (employee & financial costs) regarding variance analysis of actual data versus planned spending in line with US GAAP standards
Lead common effective and efficient accounting and reporting activities identifying and proactively managing risks and opportunities across Europe
Provides commercial finance analysis and support across pricing, trade spend &P investment
Support R&D & Global Marketing & Strategic Pricing Teams in all finance & Controlling related topics
Creating high performing finance teams (virtual) across Europe, Ireland and Shared Services
Coordinate operational accounting activities, month and quarter end closes, within DBS and in country
Perform/overview the month end close processes
To lead the costing of the company's product and control the financial aspects with regards to the project/order life cycle
Financial Controlling Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Controlling
List any licenses or certifications required by the position: CPA, CMA, PEN, SFS, MBA, SMMM
Education for Financial Controlling
Typically a job would require a certain level of education.
Employers hiring for the financial controlling job most commonly would prefer for their future employee to have a relevant degree such as University and Collage Degree in Finance, Accounting, Business, Economics, Business/Administration, Accountancy, Finance/Accounting, Education, MBA, Management
Skills for Financial Controlling
Desired skills for financial controlling include:
SAP
IFRS
MS-Office
SAP is an advantage
Especially Excel and PowerPoint
Excel
Finance
Internal controls
US GAAP
Accounting
Desired experience for financial controlling includes:
Assist management team to identify ways to improve performance and achieve/exceed profit targets, provide detailed and in-depth figures to help understand the business
Analyze the cost records and the calculation of the unit cost for the products or services related to a specific job or project
Interpret the financial information on costs, prices, expenses and revenues and make recommendations for improvements
Emphasis on providing price analysis costing analysis, giving full picture financial controlling function support
Recommend and participate in the implementation of improved methods, procedures, systems, and other necessary activities within the financial support organization to ensure effective support of field account sales and service operating teams
Emphasis on providing system solutions and reporting to support plant manufacturing, especially in standard cost part
Financial Controlling Examples
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Financial Controlling Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of financial controlling. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial controlling
- Other related roles, projects and responsibilities if required
- Decision support for its business partners through value add analysis, understanding and presentation of Risk & Opportunities
- Continuously monitor the respective Profit & Loss and balance sheet accounts for any inconsistencies
- To take responsibility for the payroll processes including analysis, review and reconciliation
- To ensure that financial processes are undertaken accurately, efficiently, on time and that the surrounding internal control procedures are strictly adhered to in lines with internal audit processes
- Participate in budgets’ and forecasts preparation for respective function within the company, review targets with business objectives by reliable financial analysis, prepare aggregated analysis to support management's decision-making process
- Cooperate and provide support to various stakeholders within the company and other PMI affiliates for various financial cycles
- Identify areas for enhancements, use LEAN methodology to eliminate inefficiencies
- Continue the journey to drive common processes and ways of working across Europe to optimise and streamline our controllership processes
- Sets the standards for new ways of working and processes
Qualifications for financial controlling
- Computer savvy, resourceful, solution orientated, and approachable
- Must be good at working with teams individual contributor
- Familiarity with AS400 and Oracle Hyperion as a plus
- Participate in the preparation and validation of external publications disclosure elements (MD&A)
- You have strong communication skills and an excellent ability to simplify accounting information
- You possess strong team spirit, show leadership and flexibility
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Financial Controlling Job Description
Job Description Example
Our growing company is looking for a financial controlling. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial controlling
- Owned, right first time, effective and efficient financial control around overheads to Europe enabling the business to focus on the commercial agenda
- Accurate, timely and financially astute overheads management
- Effective stakeholder management across internal and external stakeholders
- Develop a high performing, motivated team
- Develop the capabilities and skills required to create an overhead centre of excellence
- Authority and Decision Making
- Accurate and relevant P/L & B/S management across Europe Central and Countries
- Europe overhead cost base and related B/S and cash flow
- Prioritisation of key risks and action plans to manage performance delivery
- Europe overheads team budget management
Qualifications for financial controlling
- You possess strong analytical skills and are results-oriented
- You have the ability to build and maintain a benefic relationship with your peers, partners and customers
- Participate in the preparation and review of monthly corporate financial reviews
- Participate in the preparation of the monthly and/or quarterly results for management
- Analyze controllership data and prepare report
- Prepare various financial analysis to support financial statements for management and for the Board of Directors
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Financial Controlling Job Description
Job Description Example
Our growing company is looking to fill the role of financial controlling. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for financial controlling
- Working with Finance Transformation Team and SSC Leadership to setup Controlling department in Shared Service Center
- Regional reporting across GT, reconciliations of differences
- Ensure smooth and accurate month-end closes, drive and deliver key core KPIs
- To take responsibility for the A&P (advertising&promotion) accruals and release journals through tracking, reporting, calculating by understanding and applying forecasts and ensuring processing and approval of journals
- A&P budget tracking and related tasks
- To take responsibility for the day to day management/maintenance for Global Travel Capex and have the necessary oversight over the relevant P&L
- Capex reporting, tracker, review of fixed asset register
- To take responsibility for the trade spend accruals and release journals through tracking, reporting, calculating by understanding and applying forecasts and ensuring processing and approval of journals
- Co-ordinate the overall transfer pricing process for assigned countries, from collection of data in order to calculate the correct margin/mark-up to be included in the transfer price
- Support the annual budget process periodic forecast updates for the individual teams in support fo the SMI & Life Science objectives
Qualifications for financial controlling
- Other finance certification, like CMA, would be a plus
- Bachelor Degree in Finance, Business Administration or in a related field
- 2-3 years of experience in financial accounting/controlling/financial audit
- Participate in the preparation and the validation of various disclosures for external publication
- Participate in the review of statutory financial statements
- Identify and implement and/or supervise process improvement initiatives
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Financial Controlling Job Description
Job Description Example
Our company is searching for experienced candidates for the position of financial controlling. 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 financial controlling
- Preparation of monthly reports & analysis with commentary for the Business Units and their direct reports which will help to control costs, identify issues and/or trends which need further investigation
- Work with the R&D Project Management Organization in evaluating NPI Projects and tracking spend and associated revenues generated
- Responsible for Capital reporting and forecasting, working with the R&D leads to manage existing projects and budgets
- Provide input and review additional statutory reporting output
- Support other audits
- Analysis and reporting of all financial reports, seeking and passing judgment in coordination, help decision making
- Active, pro-active management of financial figures
- Active participation in GB’s risk management and controls agenda
- Strong cooperation and management of PwC auditors throughout the year
- Provide support to GB FC in the oversight of Overheads, COGS, A&P and Fixed Asset areas, involvement and active contribution in projects relating to these areas
Qualifications for financial controlling
- Possess a minimum of f 5 to 7 years of professional experience in controlling or auditing or other relevant experience
- Possess a good knowledge of the IFRS accouting principles
- Have good knowledge of MS Office applications (Excel, PowerPoint and Word)
- Knowledge of HFM (Oracle) consolidation software and/or SAP would be considered an asset
- Have a strong ability to communicate and to simplify accounting information
- Possess strong team spirit, leadership and demonstrate flexibility
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Financial Controlling Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of financial controlling. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial controlling
- Support and coordinate the country management accounts
- Ensure the team produces monthly and quarterly management and financial reports in accordance with the agreed group timetable
- Create and maintain high quality and effective internal control area
- Ensure Financial Control processes are SOX/CARM compliant
- Supporting revenue reporting for month and quarter-end close and the Latest Estimate and Forecast process
- Significant interaction with shared services colleagues and other departments to resolve queries and support the team by providing ad hoc-reporting analysis where required
- In addition, there will be substantial opportunity for the successful candidate to support the team’s transition of tasks to shared services and develop its ability further to increase the level of business support and business partnering that it provides to the market unit
- The chance to develop your skills and learnings from the first two years of your degree
- Opportunity to increase your business awareness – departments, organisational structure, strategy and products and stakeholder management
- Increased responsibility – own and lead projects
Qualifications for financial controlling
- Possess excellent leadership skills and are oriented towards results
- Possess the ability to build and maintain mutually beneficial partnerships with peers, partners and customers
- Possess good judgement and the capacity to prioritize multiple projects concurrently, meeting tight deadlines, adapting to changing priorities and to work under pressure and in a complex environment
- University or college degree in business
- Management – ability to set priorities for a team and meet specific deadlines in a changing environment
- Min 6 years in the Accounting department or ERP support services