A control analyst studies the internal processes and operations within an organization to identify inadequacies and recommend strategies and policies to fix them and minimize risk. The work of a control analyst also includes supervising processes and providing technical guidance for personnel of an organization.
For this role, you will be involved in defining the work strategy for an organization, making improvements to processes, and informing or training personnel on these changes. You will also prepare incident reports, reconcile records and analyze documents like ledger accounts or balance sheets based on generally accepted accounting principles. A control analyst may also be part of an organization's audit process.
Individuals who work as control analysts typically have a bachelor's degree. But a high school or GED may suffice in some cases. Control analysts must have excellent analytical abilities and good technical abilities. Excellent communication skills and an ability to collaborate with others and liaise with external auditors may also be necessary for this role. The average annual income of a control analyst is $58,958.