Is a controller an executive position?

Is a controller an executive position?

A financial controller is a senior-level executive who acts as the head of accounting, and oversees the preparation of financial reports, such as balance sheets and income statements.

How much money does a controller make?

As head of the accounting department, a controller is responsible for managing the finances of an organization. The average controller salary is between $110,000 and $180,000 per year, though this wide range is affected by factors such as experience, company size, scope of role, industry, and more.

What position is below a controller?

Accounting supervisor Similar to an accounting manager, they are usually subordinate to the manager, or report directly to the controller or CFO. In addition to their supervisory role, they will be responsible for monitoring and approving the financial processes and reporting of their department.

Who reports to a controller?

Chief Financial Officer
In a large company setting, controllers supervise people like accountants, payroll managers, tax managers, and financial managers. They typically report to the CFO (Chief Financial Officer). The CFO may distribute some of the financial management responsibilities between a controller and a treasurer.

Is being a controller hard?

In some ways, financial controllership can be a difficult role to define. It straddles the divides between pure accounting, finance strategy, and leadership. Good financial controllers need to have both keen attention to detail and the bigger picture in mind.

Do controllers do HR?

In the Controller role, the successful candidate will oversee all financial and accounting activities. This person will be responsible for budget management, financial analysis, payroll, accounts payable, and financial reporting. The Controller/HR Manager will report directly to the President/Chief Financial Officer.

Is controller higher than VP?

Comptroller Definition vs. The vice president of finance outranks the controller. A controller reports to the CFO, while the CFO reports directly to the company’s chief executive officer.

What is the job description of a controller?

What Does a Controller Do? As the leader of the accounting team, controllers are in charge of closely monitoring a company’s financial health. They typically maintain, manage, and analyze financial statements, payroll, budgets, tax compliance issues, and more.

Is a controller a manager?

Finance managers and controllers are responsible for the financial condition of their organizations. The two functions are similar, but finance managers tend to be involved in the management of a company’s finances while controllers focus on the accounting function and reporting.