Searching for a new job in accounting and finance? Become a controller, since doing so could open the door to many career opportunities.
A controller plays a vital role in an organisation’s success. Here are some of the reasons why.
Accounting and Budgeting
As a controller, you handle a wide range of accounting and budgeting tasks. These include:
- Accounts payable
- Accounts receivable
- Financial and time management
- Payroll
Without this role, employees may not get paid on time or at all. Along with this, an organisation could exceed its budget. If any of these things happen, an organisation can quickly come apart.
Audits
With a financial audit, an organisation evaluates its internal controls and accounting processes. The audit provides insights into whether these controls and processes are effective. If not, they may need to be revamped or replaced.
Typically, a controller coordinates audits. They may schedule regular times during the year for these assessments. Plus, they make sure audits are performed correctly.
Upon completion of an audit, a controller could help with the review process. They can explain what an audit entails and its most important facts and figures. This can help an organization bolster its internal controls and accounting processes.
Financial Forecasts
Organisations often use financial forecasts to plan for the future. These forecasts encompass historical data. They account for the global economy and other factors, helping an organisation identify and address financial problems down the line.
If you work as a controller, you help develop and evaluate an organisation’s financial forecasts. These give you a glimpse into how an organisation runs and ways it can improve its operations to become more profitable than ever before.
As you prepare financial forecasts, organisational stakeholders may rely on you for feedback. This means you could become an important contributor to your organisation’s success.
Should You Become a Controller?
There’a lot to like about becoming a controller. Reasons to consider this career path include:
- Many career opportunities are available. Many Canadian organisations are actively searching for controllers and other accounting and finance professionals. This trend shows no signs of slowing down any time soon.
- There is room for career advancement. Once you learn the ins and outs of being a controller, the career possibilities available are seemingly endless. In some instances, controllers even become chief financial officers.
- You can earn a great salary and benefits. Since controllers are in high demand, organisations will spend big to recruit and hire them. If you pursue controller jobs, you may find many options are available, including roles with outstanding starting salaries and benefits.
If you’re considering this or other accounting and finance career paths, get help along the way. A talent recruitment firm can learn about you and what you want to do in your career. The firm’s recruiters can put you on the path to career success.
Elby Professional Recruitment Can Keep You Updated About Controller Jobs
At Elby Professional Recruitment, we put the needs of job seekers and employers front and center. Let us help you launch your controller job search. Explore our job board today.