§ OCCUPATION · GLOBAL STANDARDS

financial controller

Financial controllers handle all tasks related to the budgeting and accounting aspects of a company or organisation.

Description

Financial controllers handle all tasks related to the budgeting and accounting aspects of a company or organisation. They implement and ensure compliance with internal financial and accounting procedures, and prepare documentation for external audits. They collect information related to financial statements such as assets, liabilities, equity, and cash flow in order to assess the company's financial position to prepare annual budgets and forecasts.

Theoretical Knowledge

ESSENTIALTheoretical knowledge required

financial department processes tax legislation financial statements accounting department processes

OPTIONALAdjacent knowledge that strengthens fit

insolvency law statistics financial forecasting

Practical Skills

ESSENTIALApplied skills & competences

enforce financial policies follow the statutory obligations explain accounting records develop financial statistics reports track key performance indicators create a financial plan ensure compliance with accounting conventions exert expenditure control synthesise financial information evaluate budgets prepare financial statements analyse financial performance of a company interpret financial statements

OPTIONALOptional competences

liaise with auditors draft accounting procedures analyse financial risk support development of annual budget liaise with financiers check accounting records prepare tax returns forms manage the general ledger advise on financial matters disseminate information on tax legislation liaise with shareholders advise on tax planning manage profitability prepare financial auditing reports supervise accounting operations manage budgets inspect government expenditures

Data Source: Unified Global Standards (ISCED, ISCO, O*NET, ESCO)