Group controller

What does a Group Controller do? – Tasks and Work Environment

A group controller works with financial management, analysis, and reporting in larger companies or corporate groups. The role involves coordinating and ensuring the quality of financial information from various subsidiaries, analyzing results, preparing consolidated financial statements, and supporting management in strategic decision-making. Tasks often include budgeting, forecasting, performance follow-up, and internal controls. The work is almost exclusively office-based, where advanced IT systems and reporting tools are central. Group controllers collaborate closely with finance departments, management teams, and sometimes external auditors.

Salary development over time

The salary for a group controller has shown positive growth in recent years. In 2022, the average salary was 52,600 SEK per month, increasing to 54 700 SEK in 2023. In 2024, the average salary has risen further to 56 600 SEK, which corresponds to an increase of approximately 7.6% over three years. This rise can be linked to the increased demand for qualified financial management in larger organizations, while skill requirements have also increased. The market is characterized by balance, but specialization and experience are increasingly valued, helping to push salary levels higher for experienced controllers.

Group Controller salary – comprehensive overview

• Average salary: 56 600 SEK/month
• Lowest salary: 40,500 SEK (female, public sector, pre-secondary education); 45,100 SEK (male, lowest for men)
• Highest salary: 67,000 SEK (male, private sector, at least 3 years post-secondary education); 57,900 SEK (female, highest for women)
• 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 levels may vary depending on urban vs. rural areas and sector (public, municipal, private)

Education and qualifications

The path to becoming a group controller almost always involves a university or college degree in economics, often with a focus on accounting, finance, or business administration. Many employers also require experience from similar qualified financial roles and the ability to work with consolidated financial statements and advanced analysis. Specialized certifications and further education can enhance competitiveness on the job market.

• Economics degree: University or master’s degree in economics (3–5 years)
• Further training: Courses in consolidated accounting, IFRS, financial analysis
• Practical experience: Several years working as a controller, accountant, or auditor
• Certifications: Examples include Certified Controller or ACCA
• Prerequisites: Good knowledge of Excel and enterprise systems, analytical skills

Common benefits and compensations

In addition to base salary, benefits such as occupational pension, bonuses, wellness allowances, and flexible working hours are often offered. Some employers also provide opportunities for remote work, professional development, extra vacation days, or insurance. The extent of benefits varies between private and public sectors, with private employers generally having slightly greater flexibility.

Competition and challenges

The competition for positions as a group controller is balanced, according to the Swedish Public Employment Service. There are moderate opportunities, with 758 job postings currently available. A challenge is the high demands placed on both technical skills and understanding of business processes. Rapid technological development and changing regulations require continuous further training. Additionally, controllers are expected to communicate financial information to non-financial personnel, which requires pedagogical ability and flexibility.

Tips for aspiring Group Controllers

To succeed as a group controller, it is beneficial to combine analytical sharpness with strong communication skills. Building a solid foundation in accounting and financial management is important, while experience in larger organizations is valuable. Accuracy and a structured working style facilitate handling complex financial flows. Being solution-oriented and able to quickly familiarize oneself with new enterprise systems is also crucial, as technical tools are constantly evolving. Initiative and curiosity about the overall business make it easier to contribute strategically. Finally, being pedagogical and able to explain complex relationships clearly is a great advantage, especially when supporting management in decision-making processes.

Key facts about Group Controller

• Educational level: University degree in economics, often 3–5 years
• Work environment: Office-based, often with remote work options
• Demand: Moderate opportunities, 758 job openings in the profession
• Special skills: Consolidated accounting, analysis, advanced IT tools

Career paths and future prospects

After three to five years as a group controller, opportunities open to advance to roles such as chief controller, finance manager, or CFO in larger organizations. It is also common for experienced controllers to take on responsibilities for larger corporate projects or international accounting issues. According to the Swedish Public Employment Service, demand for controllers is expected to remain stable over the next five years, offering solid career opportunities. The role is particularly sought after in larger companies and within groups where the complexity of financial management is high.

Frequently asked questions about Group Controller

• What does a Group Controller earn?
  - A group controller has an average salary of 56 600 SEK per month. The salary varies depending on experience, sector, and region.
• What education is required to become a group controller?
  - A university or college degree in economics, preferably with a focus on accounting and finance, is a basic requirement.
• What is the job market like for group controllers?
  - There are moderate employment opportunities, with 758 job postings currently available.
• Are there gender pay differences?
  - Yes, men earn on average 61 900 SEK, while women earn 53 200 SEK, which means women earn 86% of men's salaries.
• What are common career paths after a few years?
  - Chief controller, finance manager, and CFO are typical next steps for experienced controllers.
• What benefits are offered?
  - Common benefits include occupational pension, bonuses, wellness allowances, and remote work options.
• What does regional salary variation look like?
  - Salaries are generally higher in metropolitan areas and within the private sector compared to public or municipal sectors.