Business Controller salary

Business Controller: A Profession in Focus

Working as a Business Controller means being a central part of the company's financial management. The role requires both analytical sharpness and the ability to communicate financial information clearly. A Business Controller is responsible for monitoring and analyzing the company's financial results, budgeting, and forecasts. It also involves providing management with decision-making support and strategic recommendations.

Business Controller Salary and Gender Pay Gap

The average salary for a Business Controller is 54 700 SEK per month, which is an increase from the previous 52 600 SEK. However, there is a clear gender pay gap, with men earning an average of 58 900 SEK compared to 52 000 SEK for women, meaning that women earn 88% of what men do in the same profession. Hourly employed controllers have an average hourly wage of 329 SEK, based on 166 working hours per month.

Salary Range and Educational Level

The salary for a Business Controller can vary significantly depending on educational level and sector. The highest salary, 63200 SEK, is awarded to a man with a post-secondary education of three years or more, working as a private employee. On the other end of the spectrum, the lowest salary, 41300 SEK, is given to a woman in the public sector with a maximum of two years of high school education. Men's lowest salary is 42800 SEK, also within the public sector.

Education and Skills

To become a successful Business Controller, typically an academic degree in economics, finance, or related fields is required. Many employers prefer candidates with a master's degree and relevant work experience. In addition to formal education, having strong analytical skills, understanding of financial software, and a strategic mindset is important.

Benefits and Working Conditions

Working as a Business Controller may involve certain benefits depending on the employer. Common benefits include paid further education, the opportunity to work from home, and access to various digital tools and platforms to streamline work. Access to health benefits and pension plans is also common.

Future Outlook and Competition

According to forecasts from the Swedish Public Employment Service, the job opportunities for Business Controllers are considered medium, and demand is expected to remain unchanged over the next five years. The recruitment situation is characterized by balance, meaning there is neither a significant shortage nor an excess of competent workforce in the field.

Challenges and Opportunities

As a Business Controller, one faces challenges in staying updated with changes in financial regulations and technical tools. However, there are significant opportunities for those willing to take initiative and propose improvements in the company's financial processes. Being able to communicate financial concepts to non-financial professionals is another important aspect of the job.

Summary of the Business Controller Profession

Working as a Business Controller offers a dynamic and analytical career path with a competitive salary. Despite gender pay gaps, it is a profession that provides good opportunities for development and specialization. With the right education and experience, a Business Controller can play a crucial role in the company's financial success.