How to Become an Assistant Controller
Step 1: Understand the job description and responsibilities of an Assistant Controller
What does an Assistant Controller do?
AN Assistant Controller assists the corporate controller in directing the organization's accounting functions including cost, payables, and reporting. Contributes to the development and maintenance of financial reporting, planning and budgeting systems. Being an Assistant Controller oversees the preparation of periodic reporting and required legal filings. Ensures that all corporate and required accounting policies and procedures are documented and followed by the organization. Additionally, Assistant Controller may train accounting staff. May coordinate with auditors. Requires a bachelor's degree of accounting or finance. Typically reports to the controller. The Assistant Controller typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Assistant Controller typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
The career path for an assistant controller involves a combination of the following.
A bachelor’s degree in finance, accounting or a related field is the minimum requirement to become an assistant controller.
Assistant controllers can access accounting and finance job training by attending events hosted by professional organizations, private companies and universities.
Companies usually provide formal training programs to help prepare newly hired assistant controllers.
As the controller is responsible for the accounting department, this assistant financial worker manages many aspects of the financial process as well.
Step 2: Learn best tips to become an Assistant Controller
Best tips for those who want to become an Assistant Controller
Here are some tips to become an Assistant Controller.
Step 3: View best colleges and universities for Assistant Controller
Best colleges and universities for Assistant Controller
- Florida Southern College
- Colby College
- Dartmouth College
- University of Notre Dame
- Western Washington University
- Canisius College
Step 4: Think about whether is it worth to be an Assistant Controller
Is being an Assistant Controller Worth it?
Assistant controllers help prepare and deliver training to accounting staff on accounting methods and software use.
Assistant controllers are responsible for recruiting and hiring staff, and obtaining temporary assistance from staffing agencies during peak periods while also respecting the diversity of the accounting staff.
As a junior controller you will be part of the Finance & Operations team where you will focus primarily on the AP and AR administration.
An opportunity has become available for a blood bank assistant/blood hamper controller.
The role of assistant stock controller has become available within our organisation.
Step 5: Prepare relevant skills for being an Assistant Controller
What skills do you need to be an Assistant Controller?
This role is not a beginner's role, as such, there are many skills required. It is vital to the role to command: Accounting Management, Audit Management, Financial Planning, Financial Reporting. For this position, you need to be experienced with: Accounting Software, Financial Analysis Software. Management isn't easy, if it were, everyone would have the competenticies to execute the role with success.
It is important that an Assistant Controller have strong mathematical, organizational and written and verbal communication skills.
Besides these general skills, many employers might look for potential Assistant Controller candidates to possess the following skills.
This Assistant Controller job description gives the details of the duties of an assistant controller, the qualifications required for the post and the job prospects.
An assistant controller should possess good interpersonal and communication skills.
An experienced assistant controller gets promoted to the role of a controller.
Step 6: View average salary for Assistant Controller
How much does an Assistant Controller make?
The average salary range for an Assistant Controller is from $111,863 to $153,768. The salary will change depending on your location, job level, experience, education, and skills.
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