The position of financial controller consists of directing financial activities, such as planning, procurement, and investments for all or part of an organization.
Tasks
Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes;
Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments;
Develop and maintain relationships with banking, insurance, and nonorganizational accounting personnel to facilitate financial activities;
Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards;
Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals;
Monitor financial activities and details such as reserve levels to ensure that all legal and regulatory requirements are met;
Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns;
Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies;
Receive, record, and authorize requests for disbursements in accordance with company policies and procedures;