Controller, accounting salary

What does it mean to work as a Controller in accounting?

Working as a Controller in accounting entails a central role within organizations, especially within finance departments. The job involves monitoring, analyzing, and reporting financial information. Controllers ensure that the company's financial goals are achieved through budgeting, forecasting, and cost control. They often work on identifying areas for improvement to optimize the company's financial processes.

Salary for a Controller in accounting

Working as a Controller in accounting can be financially rewarding. The average salary for the profession is 54 700 SEK per month. Interestingly, the salary has increased from the previous year's 52 600 SEK, indicating a positive trend for the profession. When it comes to gender differences, on average, men earn 58 900 SEK while women earn 52 000 SEK, meaning that women earn approximately 88% of what men do.

Hourly wage and salary variations

For those who are hourly employees, the average hourly wage is 329 SEK, based on 166 working hours per month. However, there are variations depending on education, sector, and experience. The highest salary for a Controller can reach up to 63,200 SEK, a salary belonging to a male private sector employee with a post-secondary education of at least three years. On the other hand, the lowest salary can be as low as 41,300 SEK for a female employee in the public sector with a high school education.

Education and qualifications

To become a Controller in accounting, a post-secondary education in finance or a related field is usually required. Many employers prefer candidates with a bachelor's degree in finance, accounting, or finance. Further education and certifications can also be advantageous in improving job prospects and earning potential.

Working conditions and benefits

Controllers typically work in office environments and sometimes have the option to work from home, depending on the employer. Benefits such as paid training and a company mobile phone may be provided, making the profession attractive. Workloads can vary depending on the company's size and economic cycles, but the profession often offers a balance between work and personal life.

Future prospects and job market

According to forecasts from the Employment Service, the job opportunities for Controllers are considered moderate. The recruitment situation is characterized by balance, and demand is expected to remain unchanged over a five-year period. This means that there are stable opportunities for those wishing to pursue a career in this field.

Challenges and competition

Challenges in the profession may include high demands for precision and accuracy, as well as the ability to handle stressful periods during budgeting and reporting, for example. Competition can be tough, especially in larger companies and organizations, requiring Controllers to stay updated with the latest tools and methods in finance and accounting.

Summary of salary statistics

• Average salary: 54 700 SEK
• Men's average salary: 58 900 SEK
• Women's average salary: 52 000 SEK
• Highest salary (male): 63,200 SEK
• Highest salary (female): 57,300 SEK
• Lowest salary (male): 42,800 SEK
• Lowest salary (female): 41,300 SEK

In conclusion, working as a Controller in accounting is a stable and lucrative profession for those interested in finance and accounting. With the right education and experience, there are good opportunities to advance and improve one's earning potential.