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Financial controllers must oversee, supervise and sometimes run an entire accounts department for a company. They ensure the quality of accounting and financial reporting is as good as it possibly can be and abides by all regulations that could affect it.
Financial controllers are experts of the accounting world, particularly in the fields of audits and bookkeeping. It is an extremely highly pressurised job and the financial controller will have to work separately from the other senior staff in the company such as the CEO, Chief Accountant or CFO.
The typical duties of a financial controller will include some of the following:
Controllers will play a major part in setting budgets and forecasting for the company. Due to their knowledge of the accounts and the financial markets in general they can make accurate predictions about what could occur and help the company to move forward. They are extremely commercial thinking.