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Financial Controller Reviews
What is it like working as a Financial Controller?
May 2014
Learning Never Ends.
Financial Controller:
College proves to the employer that you can learn. It won't teach you everything you need on the job. Be prepared to keep learning. Learn about the industry you're going into, it might be different than what you learned in school. Learn about the company, it's competition, the region, the culture. Many people say 'always be yourself', but remember, that everyone is different and you have to be aware of how others react, so being yourself in every situation may not be the best. Oh, and don't forget to keep learning.
April 2014
Understanding The Economics Of Higher Education.
Financial Controller:
Pros: My job is very challenging in an assortment of categories, Human Resources: staffing (making sure competent personnel are hired for many different areas of our business), setting policies and procedures(writing up the company policy guide for our specific business location), ck payroll before sent up to corporate for processing, etc.
Financial Controller: keeping track of inventory that is perishable(foods) vs. Inventory of Capital expenditures and small tools(10000s of pcs) how well the individual depts. Are doing actual costs vs. Budget, determining why discrepancies occur to better manage next event, flash report after each event(quick overview of how Legends performed monetarily vs budget & staffing of event. A/R, A/P, Spreadsheets for each event cost to budget, close financials each month. Assist with oversight of operations on event days to ensure quality control.
Cons: Inconsistency of management, inability of upper mgmt. To understand, what can & does go wrong at the individual accounts, especially, when the error began with upper mgmt. Not having a clear delineation of who is reporting to whom(currently, I have to explain the same problems to the Asst GM & GM at my site, the Regional Mgr, my Corp Controller who is at Corp HQ & reports to the VP of Finance, the Exec Regional Mgr and possibly to the President of the company). This is a very difficult situation for me to know where I should report certain types of problems(cost overruns in the kitchen vs non-compliance w Corp policy vs an employee screaming at me because they didn't get the raise they were promised in their pay because I was not notified by the individual granting the bump in pay. This also inhibits communication of any ideas to help resolve problems & quickly implementing them, because too many people are focusing on the problems. No standard in Corp policy for purchase orders.
March 2014
Get A Degree.
Financial Controller:
You can be the best at what you do but without a degree of a designation, your employer will not adequately compensate the value you bring to an organization.
January 2014
Work Flexibility.
Financial Controller:
Pros: I am Working for the Global Locations in Europe.
Cons: The Time Constraint to manage both the side of the globe East and west by siting from india.
January 2014
Advice.
Financial Controller:
- Work hard.
- Learn as much as you can the industry as well as the company.
January 2014
Ensure a work life balance is agreed with emlpoyer.
Financial Controller:
Ensure an agreed work life balance is agreed. Commit to gaining a qualification.
January 2014
Financial Controller:
Stress level is comfortable, as I have a very supportive supervisor; however, daily responsibilities are high because he works part-time or from home most of the time. Time management is very important in this job, therefore the main focus of every task is efficiency. Human resources are very limited, so wise allocation of work and smart delegation is essential. The company has grown in the last couple of months tremendously (4 companies merged together), and the newly joined ownership creates some difficulty in decision-making and managing the financial function. Communication and professionalism is critical in this situation. Technical knowledge of the operational side is a huge asset, as the merge resulted in a mix of very different experiences and processes.
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