What Does an Assistant Controller do?

As an assistant controller, you manage daily accounting tasks, prepare financial reports, and ensure everything complies with regulations. You assist with budgeting, financial analysis, and help keep the company's finances in order, supporting long-term financial planning.

Key Duties & Responsibilities

Assistant Controllers in the Finance field handle essential tasks and contribute significantly to achieving team and organizational goals. Here are some of their primary responsibilities:

  • Assist in preparing accurate monthly financial statements and reports.
  • Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
  • Ensure accounting records are maintained and organized in compliance with accepted policies and procedures.
  • Manage budgets, forecasts, and internal financial plans and processes.
  • Support the Controller in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policies.
  • Assist with tax preparations, audits, and identifying and resolving discrepancies.
  • Analyze financial data, monitor and create financial models for decision support.

How to Become an Assistant Controller

Launching a career as an Assistant Controller requires a specific education. We outline the essential qualifications, skills, and steps to enter this field.

Qualification

  • Bachelor’s degree in Accounting, Finance, or related field.
  • CPA or equivalent qualification is highly desirable.
  • Proven experience as an assistant controller or other similar position.
  • Strong understanding of accounting, finance, and operational principles.
  • Experience with accounting software, ERP systems, and financial reporting tools.

Requirements & Skills

  • Strong analytical skills and attention to detail.
  • Excellent management and supervisory skills.
  • Exceptional ability to analyze and create modeling for business operations and financials required for budgeting and forecasting.
  • Ability to work and communicate effectively with all levels of operations and senior management.
  • Excellent written and verbal communication skills.

Assistant Controller Salary Guide

Wondering what Assistant Controllers earn? Explore salary ranges by experience, and career tips to maximize your earning potential.

Job Branch Avg. US Salary
Assistant Controller Finance 87,830 USD

The average salary for an Assistant Controller in the U.S. is approximately $87,830 per year and can vary from entry-level to senior positions. Assistant Controllers may receive a wide range of benefits.

Assistant Controller Salary Career Steps


Level Experience Avg. Salary per Year
Veteran20+ years$109,788
Senior11+ years$96,613
Experienced6-10 years$87,830
Mid Level3-5 years$79,047
Entry Level0-2 years$65,873

To explore more detailed salary information, including specific salary estimates in your country, visit the Assistant Controller Salary Country Overview.

How to Advance Your Career

Assistant Controllers have several pathways for advancement, typically moving up to become Financial Controllers, Chief Financial Officers, or finance directors within larger organizations. This progression can involve gaining experience across different businesses or industries, further professional certification, and the development of a strong track record in financial management and strategic planning.

Typical Work Environment

Assistant Controllers work primarily in office settings, typically within corporate or departmental headquarters. The role can be demanding, especially during financial closing periods, budget reviews, and audits, often requiring extended hours. The work involves significant use of computer systems for financial modeling, data analysis, and report generation.

Cityjobs.info provides not only a detailed Assistant Controller job description but also insights about salary data in different countries worldwide.


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