Yesterday’s Controller
However you spell it—“controller” or “comptroller”—the image is the same: a numerically gifted foot soldier dutifully overseeing a company’s financial reporting system. In addition, a controller keeps a keen eye on industry legislation, changes to taxation, and other relevant considerations.
But while a distinct talent for the timely practices of filing and reporting, accompanied by a sound knowledge of internal controls and compliance regulations, remains the foundation of the role, recent business developments and fluctuations in the market have recast the controller as a professional who wears many hats.
A February 2019 survey conducted by FloQast, published by Business Wire, talked to over 300 financial and accounting professionals, including 202 controllers. The “big find”? That the age-old controller stereotype is shattering. In other words, the potential growth of your operation may well be reliant on securing the controller of today: a multi-talent as much visionary as actuary.