financial controller

Code 2411.1.8

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.

Essential skills

Knowledge

  • financial statements
  • tax legislation
  • accounting department processes
  • financial department processes

Skills and competences

  • analyse financial performance of a company
  • enforce financial policies
  • follow the statutory obligations
  • exert expenditure control
  • evaluate budgets
  • explain accounting records
  • ensure compliance with accounting conventions
  • interpret financial statements
  • prepare financial statements
  • create a financial plan

Transversal competences

  • develop financial statistics reports
  • synthesise financial information
  • track key performance indicators

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What to assess for this role

Technical knowledge can be verified with tests and references. What never shows up on a CV are the transversal competences, and they explain most failed hires. Before closing, it pays to measure them with a standardised battery.

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Sources

This service uses the ESCO classification of the European Commission and the Mapha Taxonomy developed by OTIC SOFOFA (CC BY 4.0), in an adapted version. Group codes come from the ILO's ISCO-08. See sources and licences