Financial controller salary

Occupational Profile: Financial Controller

A Financial Controller, often simply referred to as Controller, plays a critical role within the company's finance department. This position involves overseeing the company's financial planning, reporting, and compliance. Controllers are responsible for preparing budgets, monitoring and analyzing financial results against budgets, and ensuring that the company complies with laws and regulations regarding financial reporting.

Salary Statistics and Development

The average income for a Financial Controller in Sweden is 54 700 SEK per month. An interesting aspect of the salary statistics is the gender difference, where men earn an average of 58 900 SEK while women earn 52 000 SEK, which is 88% of men's salaries. Since last year, the average salary has increased from 52 600 SEK to 54 700 SEK, indicating a positive salary development in the profession.

Education and Requirements

To work as a Financial Controller, an academic degree in economics, business administration, or finance is usually required. Many employers prefer candidates with a master's degree or higher. Important skills include advanced knowledge of financial management, accounting, and financial analysis, as well as good IT skills, especially in financial systems and Excel. Certifications such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) can also be advantageous.

Job Market and Career Prospects

The job market for Financial Controllers is stable with good prospects for the future. The role is critical for all medium to large organizations, creating a steady demand for qualified controllers. Career paths can further lead to higher positions such as Chief Financial Officer (CFO) or finance director.

What to Consider?

Those aspiring to a career as a Financial Controller should be prepared for a demanding role with significant responsibilities. Attention to detail and the ability to handle stress are required, as the work often involves strict deadlines and complex financial issues. To succeed in the profession, strong communication skills and the ability to present financial information clearly to non-financial professionals are also important.

Benefits and Advantages

Benefits for a Financial Controller may vary depending on the employer but can include things like paid further education, occupational pension, flexible working hours, and the possibility of partially remote work. These benefits help make the position attractive and sustainable over time.