Financial Controller
The Financial Controller (FC) is a vital and senior role in the finance department. Usually reporting to a Finance Director or Chief Financial Officer, the Financial Controller has responsibility for the accounting operations of a business.
A Financial Controller oversees all accounting functions in a business. They make sure that all accounting records are appropriately kept and that every reported result complies with applicable accounting standards and country legislation. Part of their duties includes coordinating and managing the preparation of budget and financial forecasts, preparing or, reviewing the management and other regular financial reports. It’s also a role where you must ensure your finance team operates with a robust control environment and being the main point of contact with the external auditors.
As a senior role, FCs contribute to the financial strategy of a business and will be pivotal in the development of all internal control policies and procedures in the company. It’s possible that they may have responsibility for financial risk management and are expected to work alongside other senior leadership team members to monitor and help reduce risk where possible. They contribute to ensuring all financial systems are accurate and give advice on improvement where necessary.