Suppose you're dedicated to making the most out of your company's budget, developing financial reports, and analyzing their various accounts. In that case, you may want to consider applying for the Control Accountant position.
More than just a general accountant, Control Accountants work with other teams and departments to compile, analyze, and adjust finances based on various audits, risk analysis, and strategies developed. You'll need to be detail-oriented and up to date with the latest company policies and spending guidelines.
Most companies will require an incoming Control Accountant to have five years of experience in accounting or a similar field. A bachelor's degree in accounting, business, finance, or a similar field is also commonly requested, although a master's degree is also preferred. While your base pay will depend on the industry and company, Control Accountants make, on average, about $64,000 per year.
There is more than meets the eye when it comes to being a control accountant. For example, did you know that they make an average of $29.51 an hour? That's $61,377 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.
There are certain skills that many control accountants 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.
When it comes to the most important skills required to be a control accountant, we found that a lot of resumes listed 16.8% of control accountants included general ledger accounts, while 10.9% of resumes included financial statements, and 8.0% of resumes included procedures. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the control accountant job title. But what industry to start with? Most control accountants actually find jobs in the finance and technology industries.
If you're interested in becoming a control accountant, one of the first things to consider is how much education you need. We've determined that 55.9% of control accountants have a bachelor's degree. In terms of higher education levels, we found that 24.7% of control accountants have master's degrees. Even though most control accountants 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 a control accountant. When we researched the most common majors for a control accountant, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on control accountant resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a control accountant. In fact, many control accountant jobs require experience in a role such as accountant. Meanwhile, many control accountants also have previous career experience in roles such as controller or staff accountant.