Accounting controller salary

What does it mean to work as an Accounting Controller?

As an Accounting Controller, or a Controller as the profession is often called, you have a central role within the company's finance function. You are responsible for monitoring and ensuring accurate financial reporting, budgeting, and analysis. The work of the Controller is crucial for steering the company's finances and making strategic decisions. Common tasks include preparing financial reports, analyzing costs and revenues, and participating in the budgeting process. Additionally, you may be expected to develop and optimize internal controls and processes to improve efficiency.

What does an Accounting Controller earn?

The salary for an Accounting Controller varies depending on experience, education, and workplace. The average salary for the profession is 54 700 SEK per month. Men in the profession earn an average of 58 900 SEK, while women earn 52 000 SEK, which means that women earn 88 percent of what men make in this role. For those working on an hourly basis, the average salary is 329 SEK per hour, based on 166 working hours per month.

Salary range for Accounting Controllers

The highest salary for an Accounting Controller is 63,200 SEK, and this salary belongs to a man working as a privately employed official with a post-secondary education of 3 years or more. For women, the highest salary is 57,300 SEK. On the lower end of the scale, women in the public sector with a maximum of 2 years of upper secondary education earn 41,300 SEK, while the corresponding salary for men is 42,800 SEK.

Requirements and Education

To become a successful Accounting Controller, a strong background in finance and accounting is required. Typically, a post-secondary education in finance, such as a bachelor's degree in business administration, is sought after. Experience in accounting, auditing, or similar roles also helps strengthen your profile. Further education and certifications in finance and accounting can be advantageous and give you an edge in the competition.

Job prospects and future opportunities

According to the Employment Agency's forecasts, the job opportunities for controllers are moderate nationally, and over the next five years, demand is expected to remain unchanged. The recruitment situation for controllers is assessed to be balanced, meaning there is a steady match between supply and demand in the labor market.

Working conditions and potential benefits

The working conditions for an Accounting Controller vary depending on the employer and sector. Many companies offer flexible working conditions, including the possibility of working from home. It is not uncommon for employers to offer benefits such as paid training, which can help you continuously develop your skills and stay updated in the field.

Challenges in the role of Accounting Controller

As an Accounting Controller, you face several challenges, including managing large amounts of data and presenting complex information in an easily understandable way for decision-makers. It also requires the ability to handle stress and deadlines, as financial reports and budgets often have strict deadlines.

Summary

Working as an Accounting Controller offers an interesting and challenging career in finance and accounting. With an average salary of 54 700 SEK and opportunities for career development, it is an attractive career choice for many. To succeed in this field, a solid education, strong analytical skills, and the ability to communicate financial information effectively are essential.