A Controller works either by contract or salary with a business to complete various aspects of managing ledgers, handling accounts and issuing payroll. A Controller is also responsible for submitting taxes and other deductions from payroll to the appropriate agencies as well as making deposits or even paying bills for the company or business.  Each company or business will have slightly different expectations for the Controller and this is usually established first beginning  work.

Controllers can work either full or part time and to even do a lot of the work from home depending on the contract or company they’re working with. The internet and various computer software programs make it increasingly easy for the Controller to work with many companies without having to physically go the company. All information can be sent via the internet in encrypted programs for security. Some Controllers choose to work after hours in businesses or agencies to avoid trying to balance ledgers and books while business is being completed. Controllers will usually still meet with the manager or company owners several times a year to address any issues or reconcile any differences in accounts or issues with procedures.

A Controller must be knowledgeable on basic accounting and bookkeeping principles as well as understand basic business procedures. He or she should have current and accurate information regarding payroll deductions such as workers compensation, state, local or federal taxes, and insurance and other deductions. Since the Controller usually has direct access to accounts they are bonded and have strict confidentiality and privacy requirements. The Controller should also be familiar with the various reporting documents that must be submitted to the government to follow all requirements.

Common work activities include:

Paying and recording all accounts and bills for the business for both incoming and outgoing transactions.

Issuing payroll at the required time including all deductions and withholdings required by law.

Completing and maintaining all general ledgers in accordance with basic bookkeeping and accounting principles.

Reporting to government agencies as required.

Correcting and reconciling any discrepancies within ledgers, accounts or other financial statements.

Meeting with managers or owners to discuss the ledgers and answer any questions.

The typical salary range for a Controller is $60,000 to $100,000+.

**Annual earnings are determined by a variety of factors including field, title, place of employment, level of education, experience and geography.**

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