Being a financial controller is a multi-faceted, challenging job position that requires excellent organizational skills, financial know-how, and the ability to solve problems on the go. As a financial controller, you’ll have a wide range of duties that involve important aspects of the business you work for, such as budgeting, forecasting, tax matters, and the financial stability of your organization.
In the rest of this article, Links Recruitment will be providing you with a complete overview of what it’s like to work as a financial controller. In addition to discussing what the work will involve on a day-to-day basis, we’ll also be going through what kinds of qualifications you should have, what your primary responsibilities will be, and what your career path could look like. At the bottom, you’ll find a table comparing the different salaries you can expect working as a financial controller in various locations.
Working as a financial controller is enjoyable and rewarding, thanks to the many different areas of influence you’ll have in your chosen company. You’ll have a list of daily responsibilities over a large number of different sectors, but you’ll also have some more time-intensive projects, such as managing budgets and forecasts, that will require you to be able to coordinate your activities in a long-term framework.
Here are some of the job duties and responsibilities you can expect to be tasked with throughout the course of your work as a financial controller.
In order to be a successful financial controller, here are some of the main skills and qualifications you’ll need.
After you’ve graduated from university with a master’s degree in Accounting or an equivalent subject, it’s possible to get a job right away as a financial controller. However, this isn’t always the best way to proceed, as in order to be really successful, you’ll need prior experience in financial management positions. For this reason, climbing up the ladder by beginning as an accounting manager or a similar role will provide you with vital experience and make you a much more appealing candidate for whichever financial controller job you end up applying for.
A proven track record of successful results in a financial controller position is one of the strongest assets you can have when you start to think about upward mobility. Many current CFOs or similar C-level executives have spent time working as a financial controller, as not only does the job teach you to keep everything organised and efficient, it also provides you with the kind of real-world interpersonal skills that you’ll require to be successful at one of the top positions in your firm. Companies are always on the lookout for new financial controllers, given that it’s such a prominent position, so there’ll be no shortage of jobs for you to apply for once you’re ready to take on the role.
The salaries of financial controllers vary dependent on the number of years spent working in the job. Because it’s a challenging position to hold in a company, experience is prized particularly highly for employers who are looking at taking on a new financial controller. Here’s how your salary might look in a few different countries, depending on your experience.
|Position||Hong Kong Monthly Salary (HKD)||Singapore Monthly Salary (SGD)||China Monthly Salary (RMB)|
|Experienced FC||55K – 80K||8K – 12K||21K – 50K|
|Early-Career FC||30K – 54K||4K – 7K||14K – 20K|
For more insights on salary and employment trends in Asia, Links International’s 2020 Asia Salary & Market Insights will provide an overview of the Asia employment market in 2020 and also insights into how HR leaders across Asia are developing streamlined and agile HR functions that excel in uncertain times.