Controller, financial

What does a Controller in finance do? – Tasks and work environment

A Controller in finance primarily works with analyzing, planning, and monitoring the company's financial results. This involves preparing and interpreting financial reports, budgets, and forecasts, as well as identifying opportunities to improve the company's profitability. The work environment is usually office-based, with regular contact with management, the finance department, and other business areas. Advanced analysis tools and financial systems are often used, and the role requires good ability to communicate complex financial relationships in an understandable way.

Salary development over time

The salary for a Controller, financial has steadily increased over the past three years. In 2022, the average salary was 52,600 SEK per month, then increased to 54 700 SEK in 2023 and further to 56 600 SEK in 2024. This development corresponds to a total increase of approximately 7.6% over the three-year period. The salary increase can partly be explained by a continued high demand for qualified economists and Controllers, as well as the increased complexity in financial management in many companies. At the same time, the job market for Controllers has been balanced, meaning that salary development has been stable rather than sharply rising.

Controller, financial salary – complete overview

• Average salary: 56 600 SEK/month
• Lowest salary: 40,500 SEK/month (female, public sector, pre-university education)
• Highest salary: 67,000 SEK/month (male, private sector, post-secondary education 3+ years)
• Hourly wage: 340 SEK
• Gender differences: Men earn 61 900 SEK, women 53 200 SEK (women earn 86 % of men's salary)
• Regional differences: Salary variations may occur depending on region and sector

Education and qualifications

To work as a Controller in finance, a university degree in economics is usually required, often with a focus on accounting, finance, or business administration. Many employers also seek experience in qualified financial work, advanced Excel skills, and experience with business systems. Certifications and further education can be advantageous for those wishing to develop within the profession.

• Economics degree: Bachelor's degree (3 years) or master's (4–5 years)
• Certifications: Examples include Certified Controller, courses via FAR or SRF
• Internship/Trainee: Common during studies or early in the career
• Prerequisites: Good knowledge of economics, accounting, analysis, and IT
• Online courses: Opportunities to supplement with courses in Excel, Power BI, or business systems

Common benefits and compensations

Employees who are Controllers in finance are often offered benefits such as pension schemes, wellness allowances, health insurance, and the possibility of flexible working hours or remote work. Bonus programs and other performance-based compensations may also be present, especially in the private sector. Access to professional development and training is also common within the profession.

Competition and challenges

The competition for positions as a Controller in finance is moderate, and the job market is characterized by balance. This means there is neither a shortage nor an excess of qualified candidates, but the right education and experience are crucial for securing the most attractive positions. Challenges in the profession may include increased demands for digital competence, understanding new regulations, and rapid changes in the environment. The ability to work proactively and deliver value-creating analyses is becoming increasingly important, while the role also requires integrity and the ability to handle large amounts of information.

Tips for those who want to become a Controller in finance

To succeed as a Controller, it is good to develop analytical skills and accuracy, as the work often involves managing and interpreting large amounts of financial data. Being communicative and pedagogical facilitates when presenting complex reports to different parts of the organization. It is also important to show a strong interest in business development and be solution-oriented, especially during change processes or when new systems are to be implemented. The ability to collaborate and build relationships with colleagues across departments is a strength, as is staying updated on new tools and methods in financial management. Being flexible and quickly adapting to changing conditions is also a trait appreciated by employers.

Key facts about Controller, financial

• Education level: University degree in economics (3–5 years)
• Work environment: Office-based, often hybrid/remote options
• Work arrangement: Full-time, sometimes project-based
• Demand: Moderate, approximately 758 job openings
• Special skills: Analysis, reporting, advanced IT tools

Career paths and future prospects

After three to five years as a Controller in finance, there are opportunities to advance to roles such as senior Controller, finance manager, or CFO (Chief Financial Officer), especially for those combining experience with further education. According to the Swedish Public Employment Service’s forecast for the profession, the job market is expected to be balanced with moderate opportunities for employment, and demand is expected to remain unchanged over the next five years. The possibility to specialize in areas such as group accounting, risk management, or business development is also good. The role is suitable for those who want to move into consulting or take on leadership positions within finance.

Frequently asked questions about Controller, financial

• What does a Controller, financial earn?
  - The average salary is 56 600 SEK per month, but it varies based on experience, education, and sector.
• What are the career paths for Controllers?
  - After a few years, opportunities exist to become a senior Controller, finance manager, or CFO.
• What education is required to become a Controller in finance?
  - Usually, a university degree in economics, preferably with a focus on accounting or finance.
• Are there large salary differences between men and women?
  - Yes, women earn on average 86 % of men's salaries within the profession.
• What are the future prospects?
  - The job market is expected to be balanced, with moderate opportunities for employment over the next five years.
• What does the work environment for a Controller entail?
  - The work is office-based and often characterized by a fast pace and many deadlines.
• Is remote work possible?
  - Yes, many employers now offer hybrid solutions or the possibility of remote work.