Group controller salary

Group Controller: An Insight into the Professional Role and Salary Structure

Working as a Group Controller means having a central role in the company's financial management and monitoring. The profession requires a deep understanding of financial processes and an analytical ability to interpret financial data. You will work on analyzing and reporting financial results and supporting decision-making within the company. It is a profession that demands precision, analytical skills, and good communication abilities.

Salary for Group Controller

It is always interesting to know what a Group Controller earns. The average salary for a Group Controller is 54 700 SEK per month. There is a gender difference where men earn an average of 58 900 SEK while women earn 52 000 SEK. This means that women earn 88% of what men do in this profession. Hourly positions in this field have an average salary of 329 SEK per hour, based on 166 working hours per month.

Salary Development and Disparities

The salary for a Group Controller has increased from 52 600 SEK to 54 700 SEK since the last measurement. The highest salary for a Group Controller is 63200 SEK, belonging to a male private sector employee with a tertiary education of three years or more. On the other end of the spectrum, the lowest salary is 41300 SEK for a female working in the public sector with a maximum of two years of high school education. For men, the lowest salary is 42800 SEK under similar conditions.

Education and Qualifications

To become a Group Controller, a tertiary education in finance is usually required, such as a bachelor's degree in business economics or equivalent. Many employers also prefer you to have several years of experience in financial management or accounting. Further education in specific financial areas can also be advantageous and provide competitive advantages in the job market.

Working Conditions and Benefits

The working environment for a Group Controller is often in an office, but there are also opportunities to work from home depending on the company's policy. Some employers offer benefits such as a company phone, occupational pension, and sometimes even paid training to keep your skills updated.

Future Outlook for Group Controllers

According to forecasts from the Employment Service, the opportunities for employment as a Group Controller are considered moderate at the national level. Over a five-year period, demand is expected to remain unchanged with a balanced recruitment situation. This means that the profession is not expected to experience significant changes in demand, but there are still good opportunities for employment.

Challenges and Competition

One of the major challenges for Group Controllers is to stay updated with constantly changing financial regulations and technologies. Additionally, competition can be tough, especially in larger cities where many candidates may apply for the same position. Therefore, it is important to continuously develop your skills and network within the industry.

What Does a Group Controller Do?

As a Group Controller, you work on compiling and analyzing financial reports to provide a clear picture of the company's financial position. You collaborate closely with management and other departments to ensure that the company achieves its financial goals. The work may also involve budgeting, forecasting, and setting up financial strategies.

• Analyze the company's financial results
• Prepare budgets and forecasts
• Support management decision-making
• Enhance financial processes and tools

In summary, the role of a Group Controller is both challenging and rewarding, with opportunities for personal and career development within the company's financial management. If you have a passion for numbers and strategic thinking, this could be the right career path for you.