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Account Controller Job Description – Updated

Account Controller Job Description – Updated

An Account Controller, also known as a Financial Controller, is a pivotal role within the finance department of an organization. This position is primarily responsible for overseeing the day-to-day operations of the accounting team, ensuring the company’s finance function is organized and efficient, and producing accurate financial and accounting reports. The role involves supervisory, managerial, and administrative components, making it essential for maintaining the financial health of the business.

What Does an Account Controller Do?

An Account Controller manages all aspects of accounting operations, from overseeing accounting records and preparing financial reports to budgeting and forecasting. They ensure that all reported results comply with generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS). Moreover, the Account Controller implements policies and procedures for the accounting team, supervises staff to ensure adherence to these policies, and collaborates with external auditors to ensure proper compliance with all regulations.

In addition to these responsibilities, Account Controllers are often involved in planning and supporting fiscal audits and comprehensive budgeting processes. They play a crucial role in risk management by analyzing and managing financial risks within the organization. Additionally, they strategically support the CEO and other executives by providing accurate financial information and operational support when needed.

How to Write a Job Description for an Account Controller Position

Writing an effective job description for an Account Controller position requires clarity, completeness, and an understanding of the role’s strategic importance in your organization. Here are several steps to guide you through drafting an effective job description:

  • Job Title & Summary: Start with a clear, concise job title. The summary should provide an overview of the role in a couple of sentences, emphasizing the importance of the position in your company.
  • Duties and Responsibilities: List specific duties and responsibilities, detailing the day-to-day activities as well as the longer-term strategic tasks. This section should mirror the complexities and scope of the role.
  • Skills and Qualifications: Specify the required qualifications including educational background, professional certifications (e.g., CPA), and necessary technical skills (e.g., proficiency in ERP software). Highlight soft skills like leadership, communication, and analytical abilities.
  • Experience: Define the minimum years of experience in accounting or finance roles, ideally specifying experience in similar industries or environments if relevant.
  • Work Environment and Physical Demands: Describe the working conditions and physical demands if they are out of the ordinary.
  • Reporting Relationships: Clarify who the Account Controller reports to and any supervisory responsibilities within the finance department.

Account Controller Job Description Template Example

Job Title: Account Controller

Job Summary: We are looking for a seasoned Account Controller to oversee our accounting department’s daily operations. You will be managing accounting records, evaluating and managing risk, ensuring compliance with regulations, publishing financial statements, overseeing accounting operations, analyzing financial data, monitoring expenditure, forecasting revenue, coordinating auditing processes, and ensuring accuracy of financial information.

Essential Duties and Responsibilities:

  • Oversee and manage the general accounting functions, including, but not limited to: accounts payable, accounts receivable, general ledger, and taxes
  • Help with quarterly and year-end financial audit activities and the annual corporate financial controls audit
  • Assess current practices and procedures, and make recommendations for improvements
  • Prepare, review, and analyze financial statements to ensure accuracy and completeness
  • Perform ad hoc analysis and projects as requested
  • Supervise and/or manage general ledger accounting functions
  • Develop staff by managing performance, setting goals, providing ongoing training, and maintaining strong employee relationships
  • Work with external auditors to ensure correct and timely closing and reporting at year-end

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or Business with an emphasis in Accounting, or a related field
  • Preferred Certified Public Accountant or Certified Management Accountant designations
  • 10+ years of accounting and finance experience
  • Excellent communication and analytical skills
  • Strong leadership skills with a dedication to driving and achieving results
  • Knowledge of the financial reporting and general ledger structure
  • Experience with accounting software and databases

This template provides a comprehensive outline for an Account Controller job description, which can be tailored to meet the specific needs and goals of your organization. As the business environment evolves, ensuring an updated and detailed job description will attract highly qualified candidates to your organization.