A thorough knowledge of company accounting is a factor to highlight, which facilitates the transition from accountant to controller, this being a responsibility that entails australia phone number for whatsapp certain advantages for those who decide to take the step, since a better understanding of the business means greater weight in the company and, therefore, higher remuneration, since the controller has an average salary of 40,000 euros in Spain .
What does it take to become a controller?
In addition to professional and personal skills, the controller must adapt to the new digital environment and master technology. At the same time, and above all, he or she must not neglect his or her attitude, since in order to face the challenges of the position, it is necessary to have a good attitude, which will be the difference between a good controller and the accountant who wanted to be one but fell by the wayside.
Personal skills . The controller must be prepared to hear phrases such as “the data is wrong” or “the information is not correct”, since the numbers in the reports he or she presents may not be to the liking of certain company executives.
For all these reasons, the controller must transmit information confidently and adapt to the language of his or her different interlocutors , but always with confidence and in an aseptic manner, since his or her function is not to enter into value judgments, but to transmit results, margins and other reports to help the different managers in decision-making. The controller's hierarchical dependence may be on the general manager or the financial director.
These are the professional skills you need
As for professional skills, the most important are:
Knowing how to link all the company's financial information . To do this, the controller does not record, but rather analyses in order to understand where the company's profit margin lies. He must also be able to relate each cost and income to his project, and decide which ones should continue and which ones should be abandoned.
Knowing how to measure time to the second. To do this, you must know the best time for each financial movement of the company, looking for the best time to issue payments based on the rest of the company's financial movements.
Knowing how to create a chart of accounts. A chart of accounts tailored to the company allows for better monitoring of budgets and a detailed analysis of the different items that make up the company's income statement.
Technology . The controller must master and facilitate the technology that allows the coordination of the use of the company's financial information , allowing different users to enter and use data, but must also be able to facilitate the extraction of this data in predefined and customized reports, which facilitate decision-making.