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Some of the functions that a controller would be responsible for are as follows:
Manage the accounting functions, e.g., accounts receivable, Accounts Payable, payroll, general ledger maintenance, preparation and consolidation of financial statements.
Supervise accounting personnel.
Prepare budgets.
Prepare financial forecasts.
Prepare required tax returns, e.g., sales taxes, payroll taxes, excise taxes, and corporate taxes.
Prepare financial statements in accordance with Generally Accepted Accounting Principles.
Meet with outside auditors or other independent Accountants and facilitate their work.
Assure regulatory compliance by preparing or reviewing reports and my instituting necessary procedures.
Design, implement, and monitor internal controls to safeguard assets and provide reliable financial statements.
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