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Corporate controllers manage finances, oversee accounting books, and produce reports that comply with regulations. To become one, complete a bachelor’s degree in accounting, gain hands-on experience through internships, and consider completing a master’s degree to become more employable.
Corporate controllers are specialists who oversee their companies’ finances by managing funds, monitoring organizations’ accounting books and producing reports that comply with government regulations. These professionals must have leadership skills to supervise teams of employees. If you want to become a corporate controller, you need to complete four years of undergraduate training, and you should also consider completing two years of graduate school.
An individual planning to become a corporate controller must complete a four-year bachelor’s degree in accounting. You must submit your high school diploma or equivalent certification, along with your most recent standardized exam results, to your prospective training institution’s admissions committee. The school will require you to see your high school class transcript as well as a completed application form.
Finance courses teach you the skills you need to be competitive in the job market. You should study how to read and produce accounting documents, such as cash flow statements and balance sheets, that show how money comes in and goes out of a company, as well as an organization’s total assets and liabilities, respectively. Understanding these concepts is important for anyone who wants to become a corporate controller, because he or she is responsible for developing reports that reveal the company’s financial situation.
Even if your training program doesn’t require you to complete an internship, consider doing so. Getting hands-on experience and putting that on your resume will attract more employers to you when you start your job search. As an intern, you must help a company ensure that it is complying with established tax laws and get used to tracking personnel payroll items. Additionally, you need to participate in activities related to cost accounting – a process used to create budgets and make monetary decisions in an effort to control costs and therefore generate greater profits. Learning these tasks will prepare you to become a corporate controller.
Completion of a two-year master’s program in accounting is also required to become more employable. This type of program covers financial regulations and reporting methods in detail and requires you to take and pass a comprehensive exam before you graduate. Earning an advanced degree in the field entitles you to complete an institute exam to receive the industry certification that employers prefer you to have. Achieving this type of credential proves your mastery of the concepts in this career area and not only gives you more employment opportunities, it can also result in a higher salary as you look to become a corporate controller.
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