Controller, accounting

What does a controller in accounting do? – Tasks and work environment

A controller in accounting is responsible for analyzing, monitoring, and reporting financial information within an organization. Tasks include budgeting, forecasts, performance analysis, and supporting management with decision-making data. The role often involves close collaboration with the finance department, executive management, and other business units to ensure the company's financial goals are met. The work environment is generally office-based, characterized by a fast pace, tight deadlines, and demands for accuracy and analytical skills. Digital tools and advanced financial systems are used daily, and it is common to work both in small teams and independently.

Salary development over time

The salary development for a controller in accounting has been steadily increasing over the past three years. In 2022, the average salary was 52,600 SEK per month, which increased to 54 700 SEK in 2023. During 2024, the average salary continued upward to 56 600 SEK, representing an increase of approximately 7.6% over the three-year period. This positive trend can be linked to increased demand for qualified financial analysis, higher transparency requirements in financial management, and an expectation of higher educational levels among professionals. The market has been relatively stable, but competition for the most experienced and specialized controllers has contributed to pushing salaries slightly above the average for similar roles.

Controller, accounting 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)
• Hourly wage (average): 340 SEK
• Women: 53 200 SEK/month
• Men: 61 900 SEK/month
• Gender pay gap: Women earn 86% of what men do

Education and qualifications

To work as a controller in accounting, a university degree in economics is usually required, often with a focus on accounting, finance, or business administration. Many employers also value experience with financial systems, analytical skills, and proficiency in Excel and reporting tools. Practical experience from finance departments or similar roles is often advantageous, and certifications in accounting and finance can provide a competitive edge.

• Bachelor's degree in economics (3 years) or master's degree (5 years)
• Certifications in accounting, e.g., FAR, CIMA, or equivalent
• Internship in finance department or trainee programs
• Strong ability to work with financial systems and advanced calculation programs
• Courses in business analysis and reporting

Common benefits and compensations

In addition to the base salary, benefits such as pension contributions, wellness allowances, bonuses, flexible hours, and remote work options are common. Opportunities for professional development, subsidized lunches, health insurance, and extra vacation days depending on the employer and sector are also typical.

Competition and challenges

The job market for controllers in accounting is characterized by balance, meaning supply and demand for labor are relatively equal. There are approximately 758 job openings in the profession, indicating good mobility but also competition for the most attractive positions. Challenges in the role include high demands for accuracy, changing regulations, and increased digitalization requiring continuous skill development. The ability to interpret and communicate complex financial data in an understandable way is crucial for success and career development in the role.

Tips for aspiring controllers in accounting

To succeed as a controller in accounting, it is beneficial to combine analytical skills with a structured approach. Attention to detail and accuracy help in identifying deviations and opportunities for improvement in financial reports. Good communication skills are essential when explaining complex figures to colleagues without a financial background. It is also important to be curious and open to new digital tools, as technological developments rapidly influence work methods. Continuous self-education, such as courses in business analysis or accounting, increases the chances of standing out in the job market. Collaboration skills are highly valuable, as many projects require cross-functional efforts. Finally, a proactive and solution-oriented attitude can lead to greater responsibilities and career advancement.

Key facts about controllers in accounting

• Education level: Bachelor's degree or higher in economics
• Work setting: Office-based, often with flexible workplaces
• Demand: Moderate, approximately 758 job openings in the profession
• Gender pay gap: Women earn 86% of men's salaries
• Special skills: Advanced Excel, financial systems & business analysis

Career paths and future outlook

After a few years of experience as a controller in accounting, opportunities include advancing to roles such as senior controller, finance manager, CFO, or specialist in corporate management and business development. It is also common to work as a project manager for larger change projects or to specialize in areas such as group accounting or risk analysis. The employment agency's forecast indicates that opportunities for controllers are moderate, and demand is expected to remain unchanged over the next five years. The combination of analytical competence and business understanding remains highly sought after, especially in larger companies and international corporations.

Frequently asked questions about controllers in accounting

• What does a controller in accounting earn?
  - The average salary is 56 600 SEK per month, with variation depending on experience, education, and sector.
• What are the gender differences in salary?
  - Women earn an average of 53 200 SEK while men earn 61 900 SEK, which means women earn approximately 86% of men's salaries.
• What are the educational requirements?
  - A bachelor's degree or higher in economics, preferably with a focus on accounting or finance, is often required.
• What are the future prospects?
  - The demand is assessed as moderate, and the forecast is that the job market will remain unchanged over the next five years.
• What are the main responsibilities of a controller?
  - Budgeting, performance analysis, reporting, and supporting management with financial decision data.
• What is the lowest and highest salary?
  - The lowest salary is 40,500 SEK and the highest is 67,000 SEK per month, depending on education, gender, and sector.
• What are common benefits?
  - Pension contributions, bonuses, wellness allowances, flexible hours, and remote work options are common.