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What does a Controller do? – tasks and work environment

A Controller works with analyzing, planning, and monitoring financial processes within companies and organizations. Tasks include budgeting, reporting, forecasting, and identifying and driving improvements in financial management. The role often involves close collaboration with management and other departments to ensure financial goals are met and accurate decision-making data are provided. The work environment is typically office-based with a high pace, utilizing digital tools and advanced analytical methods daily. The Controller role demands strong analytical skills, precision, and excellent communication abilities.

Salary development over time

Salaries for Controllers have developed steadily in recent years. In 2022, the average salary was 52,600 SEK per month, increasing to 54 700 SEK in 2023 and further to 56 600 SEK in 2024. This represents a total salary increase of approximately 7.6% over three years, with a particularly clear rise between 2022 and 2023. Factors driving this development include increased demand for qualified financial management, digitalization, and a focus on business development. Despite salary increases, the salary level remains dependent on education, sector, and experience. The market is characterized by a balance between supply and demand, contributing to a relatively stable salary trend.

Controller salary – complete overview

• Average salary: 56 600 SEK/month
• Lowest salary: 40,500 SEK/month
• Highest salary: 67,000 SEK/month
• Hourly wage: 340 SEK
• Women: 53 200 SEK/month (86% of men's salary)
• Men: 61 900 SEK/month
• Regional differences: Salary levels may vary between regions, but metropolitan areas often offer higher salaries.

Education and qualifications

To work as a Controller, a post-secondary education in economics is generally required, often with a focus on accounting, finance, or business management. Many employers prioritize candidates with college or university degrees, and it is common to supplement with certifications or courses in financial management and enterprise systems. Practical experience from finance departments, auditing, or controlling is highly valued. Self-study and online courses can provide advantages, especially in digital tools and analytical methods.

• Economics program: 3–4 years at university/higher education
• Certification in controlling or accounting: Examples include FAR or international certifications
• Internship or trainee programs: Strongly recommended to gain insight into the profession
• Prerequisites: Good knowledge of mathematics, statistics, and business systems
• Online courses: Opportunities to broaden skills in Excel, Power BI, and other analytical tools

Common benefits and compensations

Controllers are often offered benefits such as occupational pension, wellness allowance, flexitime, and remote work options. Other common compensations include bonus programs, training allowances, and subsidized meals. Additionally, extra vacation days and insurance coverage are common, especially in larger companies or organizations.

Competition and challenges

The competition for Controller positions is assessed as moderate, according to the Employment Service's forecasts. The market is characterized by a balance between applicants and available jobs, making the right education and experience crucial to stand out. Challenges in the profession include rapid technological development in digital analysis tools, the need for continuous skills development, and increased demands for business understanding. Workload can be high, especially during financial closing and reporting, and the ability to handle stress is important. Today, women earn on average 86% of men's salaries, indicating a remaining salary gap within the profession.

Tips for aspiring Controllers

To succeed as a Controller, it is beneficial to combine analytical skills with a strong interest in business development. Being meticulous and structured is an advantage, as the role requires handling large data sets and complex reports. Developing communication skills helps when explaining financial results to management and colleagues. The ability to quickly learn new digital tools provides a competitive edge, as does a willingness to continuously update knowledge in finance and business management. An interest in problem-solving and taking initiative is highly valued. Lastly, being collaborative is essential, as the work often involves teamwork and close dialogue with other parts of the organization.

Key facts about Controllers

• Education level: Post-secondary degree (3–4 years)
• Work environment: Office-based, often in larger companies or organizations
• Typical work arrangement: Full-time, some options for remote work
• Demand: Moderate, balanced between supply and demand
• Special skills: Financial management, enterprise systems, data analysis

Career paths and future prospects

After three to five years as a Controller, there are good opportunities to advance to roles such as Senior Controller, Finance Director, or specialist in Business Control or Financial Control. Many move on to leadership positions within finance departments or management consulting firms. The Employment Service's forecasts indicate that demand for Controllers is expected to remain unchanged over the next five years, with a balanced recruitment situation. This means job opportunities are stable, but competition for the most attractive positions can be fierce. Currently, there are 758 job openings in the profession, indicating ongoing demand for skills. Specialization in digital analysis and process development can provide additional career advantages.

Frequently asked questions about Controllers

• What does a Controller earn?
  - A Controller has an average monthly salary of 56 600, but the salary varies between 40,500 SEK and 67,000 SEK depending on experience, education, and sector.
• What education is required to become a Controller?
  - Usually, a post-secondary education in economics, often at university level for 3–4 years, supplemented with courses in financial management and practical experience.
• Are there salary differences between women and men?
  - Yes, women earn on average 86% of what men do within the role of Controller.
• What does the job market look like for Controllers?
  - The forecast is stable with moderate opportunities for employment and a balance between supply and demand according to the Employment Service.
• What personal qualities are needed?
  - Analytical ability, accuracy, good communication skills, and an interest in business development are important qualities.
• What career paths are available after a few years in the role?
  - Opportunities exist to advance to Senior Controller, Finance Manager, or specialized roles within controlling and business development.
• Can you work as a Controller remotely?
  - Yes, remote work is becoming increasingly common, especially with larger employers.