Accounting manager, business manager salary

Financial Controller, Business Unit Manager: Role and Responsibilities

Working as a Financial Controller, Business Unit Manager entails having overall responsibility for the company's accounting and financial reporting. It involves ensuring accurate and fair accounting, as well as providing support to the management in financial decision-making. Often, the role involves leading a team of accounting professionals and being the face of the company towards auditors and authorities. Succeeding in this position requires a strong analytical ability, attention to detail, and the ability to communicate complex financial concepts in an understandable manner.

Salary for a Financial Controller, Business Unit Manager

Understanding the salary situation is crucial for anyone considering a career as a Financial Controller, Business Unit Manager. Currently, the average salary is 48 200 SEK per month. However, there is a difference between genders: men earn an average of 50 800 SEK, while women earn 46 600 SEK. This means that women earn 92% of what men do in the same professional role.

Salary Development Over Time

It is worth noting that the average salary for this professional group has changed significantly since the last measurement. Previously, the average salary was 66 300 SEK, showing a decrease to the current 48 200 SEK.

Hourly Employee's Salary

For those working as hourly employees, the average hourly wage is 290 SEK, based on 166 working hours per month. This gives an indication of what to expect in temporary or part-time positions within the profession.

Salary Range in the Field

• The highest salary for a male Financial Controller, Business Unit Manager is 86400 SEK, often achieved by privately employed professionals with a post-secondary education of three years or more.
• The highest salary for a female in the same position is 65400 SEK.
• The lowest salary for a female in the field is 51800 SEK, and this category includes those with a high school education and employment in the private sector.
• For men, the lowest recorded salary is 55300 SEK.

Education and Skills Requirements

To become a successful Financial Controller, Business Unit Manager, a post-secondary education in economics, accounting, or equivalent is often required. A bachelor's degree is usually a minimum requirement, but many employers prefer candidates with a master's degree or specialized certifications in accounting. Experience in leading teams and previous work in finance functions is also highly beneficial.

Working Conditions and Benefits

The working conditions for a Financial Controller, Business Unit Manager can vary depending on the company's size and sector. Many companies offer flexible working conditions, including the ability to work from home. Other benefits may include paid training to stay updated in the field, paid mobile or computer equipment, and sometimes performance-based bonuses.

Career Outlook in the Field

The career outlook for Financial Controllers, Business Unit Managers is generally positive, with a stable demand for competent financial leaders. However, the digitization and automation of accounting processes can change the job role, requiring continuous skills development to stay relevant.

Challenges and Competition

One of the major challenges in the profession is the rapid technological development that changes how accounting is done. Having a technical understanding and the ability to adapt to new accounting systems and software is important. Competition for jobs can be tough, especially in large and well-established companies, making it important to have both education and experience that differentiate a candidate from others.