Controller

What does a Controller do? – Tasks and work environment

A Controller works with analyzing, planning, and monitoring the company's finances to support management decision-making. Common tasks include budgeting, forecasting, reporting, and follow-up of financial results. The role often involves identifying cost savings, evaluating investments, and ensuring that the company's resources are used efficiently. The work is mainly performed in an office environment, often within larger companies, authorities, or organizations, where Controllers serve as an important link between the finance department and management.

Salary development over time

Over the past three years, Controller salaries have shown a clear increase. In 2022, the average salary was 52,600 SEK, which rose to 54 700 SEK in 2023 and further to 56 600 SEK in 2024. This represents a total salary increase of over 7.6% during the period. The trend reflects a continued high demand for qualified economists with analytical skills, while the labor market has been relatively stable for the profession. Salary development is also influenced by factors such as increased complexity in corporate financial management and a growing need for reporting and analysis. At the same time, it is evident that women still earn less than men in the profession, affecting the overall salary landscape.

Controller salary – comprehensive overview

• Average salary: 56 600 SEK/month
• Lowest salary: 40,500 SEK/month (female, public sector, pre-secondary education)
• Highest salary: 67,000 SEK/month (male, private sector, post-secondary education, 3 years or more)
• Hourly wage: 340 SEK
• Gender differences: Women earn 86% of what men do (men: 61 900 SEK, women: 53 200 SEK)
• Regional differences: Data is lacking or varies depending on labor market demand

Education and qualifications

To work as a Controller, a post-secondary education in economics is generally required, often at university or college level. Employers also value experience from accounting, auditing, or other financial analysis, as well as good knowledge of business systems and Excel. Many Controllers also have supplementary training or certifications in financial management or project management.

• Formal education: Bachelor's degree in economics (3 years) or master's degree (1–2 more years)
• Certifications: Examples include Certified Controller or courses in business systems
• Internship: Often advantageous, especially in finance or accounting
• Prerequisites: High school diploma with economic specialization is recommended
• Tips for choosing: Strong analytical skills and an interest in numbers are essential

Common benefits and compensation

Controllers often have access to benefits such as occupational pension, wellness allowance, flexitime, and the possibility of remote work. Other common compensations include bonus or performance-based salary parts, subsidized lunches, and opportunities for professional development through internal or external training.

Competition and challenges

The labor market for Controllers is characterized by a balance between supply and demand, according to the Swedish Public Employment Service forecasts. Competition for the most attractive positions can be fierce, especially within larger companies and consulting firms. Challenges in the profession often involve managing complex financial analyses and quickly adapting to new regulations and digital tools. The ability to communicate financial information clearly to different parts of the organization is a key success factor. Additionally, high workload and pressure to deliver, especially during financial closing and budgeting processes, are common.

Tips for those who want to become a Controller

To succeed as a Controller, it is good to combine analytical ability with accuracy and good collaboration skills. Building a solid foundation in financial management and accounting early on makes it easier to understand business flows. Curiosity and willingness to stay updated on new digital tools and trends within finance give an advantage in the job market. Being communicative facilitates collaboration with managers and colleagues, while integrity and responsibility are crucial when handling sensitive financial data. For those looking to develop further, active participation in projects involving analysis and reporting is recommended. Finally, taking initiative and suggesting improvements is often appreciated by employers in finance and controlling.

Key facts about the Controller profession

• Educational level: Post-secondary degree, usually a bachelor's in economics
• Work environment: Office-based, often with flexible working arrangements
• Job market: Medium opportunities nationwide, balanced supply and demand
• Number of available jobs: 758 current positions in the profession
• Special skills: Analysis, reporting, business systems, and communication

Career paths and future prospects

After three to five years as a Controller, there are often opportunities to advance to more senior roles, such as Business Controller, Finance Director, Accounting Manager, or specialist in financial analysis. Some choose to work as consultants or project managers within finance, while others develop into leadership positions in larger organizations. According to the Swedish Public Employment Service, the job market for Controllers is stable, with medium opportunities for employment and an unchanged demand forecast over the next five years. The development of digital tools and requirements for advanced reporting are expected to keep the role central in both private and public sectors.

Frequently asked questions about the Controller profession

• What does a Controller earn?
  - A Controller has an average salary of 56 600 SEK per month, but this varies depending on experience, education, and employer.
• What education is required to become a Controller?
  - Usually, a post-secondary education in economics, often a bachelor's degree or higher, is required.
• Are there gender differences in Controller salaries?
  - Yes, women earn on average 86% of what men do in the profession.
• What is the job market like for Controllers?
  - The job market is balanced with medium opportunities and about 758 available positions nationwide.
• What personal qualities are important for a Controller?
  - Analytical skills, accuracy, communication ability, and responsibility are central qualities.
• What career paths are available for Controllers?
  - Common next steps include Business Controller, Finance Manager, or specialist roles within finance and analysis.
• How has the salary development for Controllers looked over time?
  - Salaries increased from 52,600 SEK in 2022 to 56 600 SEK in 2024, an increase of over 7% over three years.