dcsimg

Career Story: Controller For A Training And Consulting Company

Controller For A Training And Consulting Company

Job Title: Corporate Controller

Type of Company: My company provides training and consulting services to assist Fortune 500 companies in developing a more productive workforce. Our primary areas of expertise are diversity and inclusion, leadership development, and communication.

Education: BS, Accountancy, Bentley College (now Bentley University, Waltham, MA)

Previous Experience: During college, I had an internship in the accounting department of a large corporation. I gained experience performing account reconciliations and assisting with projects while earning college credits. After graduation, I worked as an auditor for a large public accounting firm.

Job Tasks: A large part of my job focuses on financial reporting. Every month, I compile all of the company's sales, costs, and other transactions into a set of statements that we use to review how well the company is doing. This process, called the month-end close, takes about eight to ten business days to complete. During this time, I download information from our sales order system and ensure the amounts have been properly recorded in our accounting system. I also review the activity in our asset and liability accounts for any significant changes and make any adjustments that are needed.

Once I am sure that the company's transactions have been properly recorded, I create reports that assist management in their evaluation of the business. These reports include a balance sheet, profit & loss statement, comparison to prior year results, and labor allocation analysis. Some reports are created in and printed from the accounting system, and some are created using Excel spreadsheets. The full set of reports is distributed to the senior management of the company, including the Chief Financial Officer and the President.

My other responsibilities during the month involve assisting people from other parts of the company with questions or problems that they have. For example, a salesperson might contact me to ask the best way to enter a sale into our order entry system so that it appears at the right time for the right amount of money.

Best and Worst Parts of the Job: The best part of my job is when I can help someone solve a technical problem. I have extensive experience with Excel, the accounting system, and the sales order system; it feels good to use that knowledge to assist others with their jobs.

The worst part of my job is when a salesperson wants to record a sale, but I have to tell them no because it does not meet all the requirements. Accounting has many rules that must be followed, even if it does not work out the way we want it to.

Job Tips: Although accounting computer systems do all the work and record all the transactions, it is important to know the basics of accounting, like debits and credits. When something goes wrong, this is the best way to find the solution.

Learn how to do all accounting tasks, from printing checks to billing clients. This provides an understanding of how everything works together and assists in managing the functions.

Public accounting is an excellent way to learn a lot about accounting and analysis. A CPA license is a useful credential when pursuing future positions.

Additional Thoughts: It is important to be detail-oriented in the accounting profession. We deal with many rules, schedules and figures; a careless error could have a large impact on the status of the business.

Popular Schools offering Accounting Programs

 
Results:  10
Matching School Ads

Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!

Selected Campus Locations:
  • Online

As a student at South University, Online Programs you will receive the same quality instruction, variety of learning options and level of service found at the campus locations.

Selected Campus Locations:
  • Online

The Secret to Getting Ahead is Getting Started

Selected Campus Locations:
  • National City

Choosing a school and a new career path can be a very overwhelming process.

Selected Campus Locations:
  • Panorama City

The University of Scranton has grounded its education in Catholic and Jesuit principles based on intellectual growth and integrity, all of which shape the online master’s and certificate programs. You can choose one of five degree programs from a selective institution ranked among the top 10 master’s universities in the North by U.S. News & World Report.

Selected Campus Locations:
  • Online

At Saint Mary's University of Minnesota, we take pride in offering online graduate degrees designed to complement the schedules of working adults like you.

Selected Campus Locations:
  • Online

Discover the Difference a Community of Support Makes in Your Educational Journey. From Application to Graduation, the Support You Need to Achieve Your Goals. 100% Online.

Selected Campus Locations:
  • Online

Prepare for an exciting new career at the Milan Institute.

Selected Campus Locations:
  • Visalia
Selected Programs:
  • Accounting

Colorado State University-Global Campus

Colorado State University-Global Campus (CSU-Global) offers career relevant bachelor’s and master’s degree programs for working adults and nontraditional learners.

Selected Campus Locations:
  • Online

At Post University, we believe you shouldn’t have to put your life on hold to further your education.

Selected Campus Locations:
  • Online

Additional Career Stories for Accountants And Auditors

The inside stories from people actually working in the field.
Click a story title to show the story, and click the title again to hide it.

All Types

You are visiting:

What are Career Stories?

Career Stories are concise, real-world career overviews written by people relating their personal career experiences and wisdom. They provide invaluable insights and mentoring advice to students and career changers.

Most stories include:

  • a typical day or project
  • tips and advice
  • best and worst parts
  • educational background
  • previous experience

Browse hundreds of Career Stories

More Details On This Career

Please also see our detailed information about Accountants And Auditors, including:

Back to Top