Leading the accounting departments of large companies is the financial controller, a supervisor of all budgetary matters for a business. In addition to overseeing each financial department, this important figure also creates vital financial reports for executives and shareholders.
Most major companies have separate departments for accounting, budget and auditing. The financial controller is often at the head of all of these sectors. They develop statements for profit and loss, balance sheets and prospectus plans for the financial performance of the company over a future period of time. They also handle the paperwork required by government regulatory offices when needed
A high level of mathematics and problem-solving skills are essential to this position. Successful financial controllers also need to be good communicators and leaders, and possess training in financial reporting.
Every kind of large business employs these money supervisors, so there is work in almost every subsector of business. A master’s degree in finance, accounting or business administration is usually required. Salaries average £50,000 annually.