How do i become a Controller?
To become a Controller, you typically need a bachelor's degree in accounting, finance, or a related field, along with several years of progressive experience in accounting or finance roles. Earning professional certifications such as CPA or CMA can significantly enhance your qualifications. Advancement to senior accounting or management positions is often necessary before moving into a controller role. Strong leadership, technical, and analytical skills are essential. Networking and continuous professional development also play important roles in breaking into this field.
Earn a bachelor's degree
Obtain a bachelor's degree in accounting, finance, business administration, or a related field.
Gain relevant work experience
Work in accounting, auditing, or finance roles to build foundational experience, often starting as an accountant or auditor.
Pursue professional certifications
Consider earning certifications such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA) to enhance qualifications.
Advance to senior accounting roles
Progress to positions like senior accountant, accounting manager, or assistant controller to gain leadership experience.
Develop management and technical skills
Build expertise in financial reporting, budgeting, compliance, and team leadership.
Apply for controller positions
Seek out controller roles in organizations, leveraging your experience, education, and certifications.
Typical requirements of a Controller
Bachelor's degree in accounting or finance
Most employers require at least a bachelor's degree in a relevant field.
Professional certification
Certifications such as CPA or CMA are often preferred or required.
Several years of accounting experience
Typically, 5-10 years of progressive experience in accounting or finance roles is expected.
Leadership and management skills
Experience managing teams and overseeing financial operations is essential.
Strong technical proficiency
Expertise in accounting software, financial analysis, and regulatory compliance is important.
Alternative ways to become a Controller
Transition from public accounting
Many controllers start their careers in public accounting firms before moving into corporate finance roles.
Move up from internal audit or finance analyst roles
Professionals in internal audit or financial analysis can transition into controller positions with the right experience.
Earn an MBA
Obtaining a Master of Business Administration (MBA) can provide broader business knowledge and open doors to controller roles.
Specialize in a specific industry
Gaining deep expertise in a particular industry (e.g., healthcare, manufacturing) can make you a strong candidate for controller roles in that sector.
How to break into the industry as a Controller
Start in entry-level accounting or finance roles
Begin your career as a staff accountant, junior auditor, or financial analyst to gain foundational experience.
Network with professionals in the field
Attend industry events, join professional associations, and connect with controllers to learn about opportunities.
Pursue relevant certifications
Work toward certifications like CPA or CMA to stand out to employers.
Seek mentorship
Find mentors who are experienced controllers or finance leaders to guide your career development.
Take on increasing responsibility
Volunteer for projects that involve budgeting, financial reporting, or team leadership to build relevant skills.
Stay updated on industry trends
Keep current with changes in accounting standards, technology, and best practices.