Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

How to Become a Controller Assistant

Career News May 27, 2014

An assistant controller works under a financial controller to prepare the financial statements for the organization. Compliance with best practices, regulations, and business policy is required, and the assistant controller is versed in those areas. In addition to preparing financial reports for the business, he or she also fills forms out for regulatory offices.

An assistant controller may work in conjunction with a government representative. The assistant controller monitors cash flow, hires and train staff, and performs other duties as required.

Requirements to be an Assistant Controller

The person is expected to have a Bachelors degree and also be a Certified Public accountant to be considered for this position, in most cases. The candidate will have to be well versed in computer usage including accounting software such as Blackbaud, Oracle, or ADP General Ledger. In addition, good personal math skills and attention to detail are essential for success in this career.

An assistant controller will be responsible for supervising A/R, A/P, P/R personnel and all transactions. He or she will be responsible for overseeing accounting procedures, internal controls (implementing, monitoring, enhancing), and database management, as well as randomly auditing work flow to assure that all accounting transactions are appropriately authorized. The person will substantiate and justify expenditures and expense reports while supervising and/or preparing monthly journal entries, as well as other standard functions. Training staff may be an aspect of the position, as well.

Path to the Assistant Controllers Position

Achieving a Bachelor’s in Accounting is the first step. Securing an internship while in school is a great addition to a resume, and a possible introduction to a company that may choose to hire you. Seeking out such courses as higher math, critical thinking and communications can also be helpful. Naturally, work experience and continuing education are required, but pursuing a C.P.A. is a logical course.

Regulation and complexity will certainly not lessen in the future. As that complexity and control rises, there will be more segregation of duties with more specialization likely to be required. This opens up more advancement possibilities. It is a field that is always essential to a business and the current job market should expand significantly over the next decade.

Expected Salary

The salary range seems to be all over map as far as salaries receive; about $50,000 per year in a small city to $177,000 with a major business, according to some sources such as Indeed.com. The most interesting statistics was in Alaska, working for a drilling firm, which paid an average of $80,000 per year. There does seem to be a range, so arming yourself with those facts and negotiating may improve your income.

The position of financial controller is knowledge intensive. There is always a push to gain more education, certifications, and new skills. It is an important work that requires attention to detail and to implement that knowledge and skill. If that sounds interesting to you, there are many schools where you can attain the needed degrees or training, either at school or online.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!