Assistant controllers assist in the work of the controller in finance departments or accounting. They implement internal financial and accounting controls and prepare financial statements.
As an assistant controller, you will develop and evaluate budgets, reconcile accounts in case of any discrepancies, support the accounting department in any possible way, and assist in audits. You will make sure accounting processes comply with company standards and regulations and prepare reports about any occurring compliance issue.
You should have a degree in accounting, finance, business administration, or a related field if you decide to go for this position. You will have better chances if you have worked in finance before or if you have experience as an accountant, and you should probably obtain a certification in the field.
There is more than meets the eye when it comes to being an Assistant Controller. For example, did you know that they make an average of $41.97 an hour? That's $87,292 a year!
Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.
There are certain skills that many Assistant Controllers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Communication skills and Detail oriented.
If you're interested in becoming an Assistant Controller, one of the first things to consider is how much education you need. We've determined that 76.1% of Assistant Controllers have a bachelor's degree. In terms of higher education levels, we found that 12.5% of Assistant Controllers have master's degrees. Even though most Assistant Controllers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an Assistant Controller. When we researched the most common majors for an Assistant Controller, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Assistant Controller resumes include Associate Degree degrees or High School Diploma degrees.
You may find that experience in other jobs will help you become an Assistant Controller. In fact, many Assistant Controller jobs require experience in a role such as Staff Accountant. Meanwhile, many Assistant Controllers also have previous career experience in roles such as Senior Accountant or Accounting Manager.