A controller/finance manager is intricately involved in the company's accounting process. As this is a hybrid position, you will be fulfilling two roles. On one side, you will be tasked with managing the company's finances, and on the other, ensuring that recorded data is accurate, on time, and within the rules set by the company. Some of the duties and responsibilities that you will be performing in this capacity include managing all accounting operations, coordinating and directing the preparation of the budget and financial forecasts, preparing and publishing timely monthly financial statements, research technical accounting issues for compliance, ensuring quality control over financial transactions and reporting, developing and documenting business processes and accounting policies, among others.
Essential skills required for this role include analytical, mathematical, communication, organizational, and attention to detail. To qualify for this role, you will need an advanced degree in accounting or a relevant discipline, along with being CPA or CMA certified. Proven work experience in this role of five or more years is also required. The long study duration is worth the effort, as the average hourly pay for this role is $53.68, which amounts to $111,645 annually. The career is projected to grow substantially and create new opportunities all over the United States.
There is more than meets the eye when it comes to being a controller/finance manager. For example, did you know that they make an average of $56.57 an hour? That's $117,662 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 controller/finance managers 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 controller/finance manager, we found that a lot of resumes listed 11.6% of controller/finance managers included internal audit, while 8.1% of resumes included cpa, and 7.3% of resumes included financial statements. 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 controller/finance manager job title. But what industry to start with? Most controller/finance managers actually find jobs in the manufacturing and technology industries.
If you're interested in becoming a controller/finance manager, one of the first things to consider is how much education you need. We've determined that 72.7% of controller/finance managers have a bachelor's degree. In terms of higher education levels, we found that 18.0% of controller/finance managers have master's degrees. Even though most controller/finance managers have a college degree, it's impossible 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 controller/finance manager. When we researched the most common majors for a controller/finance manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on controller/finance manager resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a controller/finance manager. In fact, many controller/finance manager jobs require experience in a role such as controller. Meanwhile, many controller/finance managers also have previous career experience in roles such as senior finance analyst or senior accountant.