The corporate controller position is accountable for the accounting operations of the company, including the production of periodic financial reports, maintaining an adequate system of accounting records, and a overseeing a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that reported results comply with Generally Accepted Accounting Principles (GAAP) lnternational Financial Reporting Standards (IFRS).
• Equivalent business experience and at least 10+ years of progressively responsible experience for a major company or division of a large corporation.
• Preference will be given to candidates with the Certified Public Accountant (CPA) or Chartered Accountants (CA)
• Certified Management Accountant designations will also carry weight. The CPA credential is in much higher demand, while the CMA is rarely sought after when selecting a candidate in today’s hiring market.
While the market has been white-hot for staff and senior staff level finance and accounting professionals, it has also heated up for the C-level, including corporate controllers. Salaries have gone up as much as 5.5% for corporate controllers, depending on the organization’s revenue scope, reflecting a general higher demand for the position. In the California market, corporate controller roles continue to be in high demand.
The average salary for a corporate controller is generally between $108,880 and $227,700 per year. Most people in this job have more than ten years’ experience and a CPA. A large company pedigree during the infancy of someone’s professional career seems to be one of the key factors to rising to the corporate controller level.