Sunday, December 29, 2019

Controller Salary Levels, Jobs

Controller Salary Levels, JobsController Salary Levels, JobsIf youre interested in managing an organizations daily financial operations, you might want to look at the position of financial controller. If the demand for these roles isnt convincing, perhaps the controller salary levels will be. Companies are looking for experienced accountants with strong interpersonal skills and an interest in controlling access to corporate funds. If thats you, consider the expectations, required skills and salary range of a controller, which, in some cases, is equivalent to the CFO.This financial executive position is one of the hot positions listed in the 2019 Robert Half Salary Guide for Accounting and Finance Professionals, and as the guide shows, the demand for controllers in the financial services sector and in corporate accounting remains strong.Controller salary benchmarksAccording to the Salary Guide, the controller salary for 2019 in corporate accounting is expected to be $118,250 at the mi dpoint. For the title of corporate controller, the midpoint level is considered to be $173,750. Divisional controllers can expect starting salaries of $143,000, and for assistant controllers, $106,250.In financial services, the salary midpoint for a controller is $127,500.The salaries listed in the Salary Guide reflect starting pay only and are based on actual placements throughout the United States, as well as an analysis of the demand for the role, the supply of talent and other market conditions. Bonuses and benefits are not taken into account. Duties and expectationsThe controller must have the knowledge to guide a companys strategic financial decisions and is, therefore, integral to the financial health of the organization. The controller job description involves overseeing the day-to-day financial operations of an organization, including the accounting, payroll, accounts payable and accounts receiva ble departments.Because this position directly manages finance staff, the controller should have both a strong background in accounting and finance as well as polished soft skills.Other key responsibilities for controller jobs often include the followingPreparing financial forecasting reports and financial statements (internal and external)Maintaining accounting records, including general ledger, payroll and taxesReconciling accountsCoordinating auditsManaging budgetsRecommending financial performance benchmarksCommunicating regularly with (and often reporting to) the CFOOverseeing accounts payable and receivable departmentsEnsuring income tax complianceAre you ready to take the next step? Check out these openings in five hot cities, and search your own city. Controller jobs in Los AngelesController jobs in Overland Park, Kan.Controller jobs in Portland, MaineController jobs in Charlotte, N.C.Controller jobs in San Antonio, TexasProfessional experience and skillsCandidates for contr oller jobs should have a minimum of a bachelors degree in accounting or business, but preferably an MBA. They should usually have at least seven years of experience in the accounting field, and some public accounting experience is often required. Other qualifications that hiring managers look for in a controller include the followingCPA or Chartered Global Management Accountant designation (CGMA)Working knowledge of generally accepted accounting principles (GAAP)For public companies Knowledge of U.S. Securities and Exchange Commission (SEC) regulations and Sarbanes-Oxley ActStrong work ethicAdvanced knowledge of accounting softwareAttention to detailAbility to multitaskProblem-solving skillsManagerial abilitiesInterpersonal skills, including collaboration and communicationIntegrityThe role of controller can vary widely across different organizations, but controllers should be leaders and teachers with strong tech skills, a good understanding of financial statement preparation and an alysis, and an ability to understand myriad accounting operations and job functions. They should be able to dig in and make the numbers tell a story.Now that you know these skills are in demand and that you could be well-compensated for such expertise, be sure you dont stumble in the search for controller jobs.

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