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Role and Responsibilities of a Controller
π Taylor is a Controller for Lund Construction Co., overseeing all financial functions for large construction projects, ensuring they stay on time and within budget.
π The Controller's role requires viewing data to make critical decisions, such as managing accounts receivable (A/R), accounts payable (A/P), and determining whether to buy or rent equipment.
π§ A specific task in construction accounting is maintaining a work-in-progress schedule for long-term contracts, which is unique to this industry.
Required Qualifications and Career Path
π Taylor holds a Bachelor's degree in Business Administration (emphasis in Accounting), a Professional Accounting Certificate, a CPA License, and an MBA, although a degree is not technically required to become a Controller by working up through accounting.
π οΈ Key attributes for this role include being super organized, meticulous, detail-oriented, and having a passion for working with ERPs, software integration, and financial dashboards.
π Suggested first steps for aspiring Controllers include taking an accounting class, pursuing a bachelor's degree (Business Admin or Finance), and obtaining a CPA License.
Job Dynamics and Industry Outlook
πΌ The Controller position is described as a super high-demand job, but the specific expectations and responsibilities vary significantly between industries (e.g., construction vs. healthcare).
π A major challenge mentioned is that not everyone will accept the Controller's advice, requiring the professional to deal with subsequent decisions and continue guiding the company as directed.
π Every industry requires a financial controller, although their specific data and financial statements will differ based on the sector.
Key Points & Insights
β‘οΈ Controllers must be able to make data-driven decisions regarding cash flow items like collecting old A/R or slowing down A/P payments.
β‘οΈ Aspiring Controllers should consider gaining public accounting experience, such as auditing or tax, as it can be very helpful for career progression.
β‘οΈ The job description for a Controller is often fluid; positions in different sectors, like manufacturing versus construction, will involve different day-to-day tasks.
πΈ Video summarized with SummaryTube.com on Oct 29, 2025, 11:10 UTC
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Full video URL: youtube.com/watch?v=J_N88qgtqIw
Duration: 5:07
Get instant insights and key takeaways from this YouTube video by Indeed.
Role and Responsibilities of a Controller
π Taylor is a Controller for Lund Construction Co., overseeing all financial functions for large construction projects, ensuring they stay on time and within budget.
π The Controller's role requires viewing data to make critical decisions, such as managing accounts receivable (A/R), accounts payable (A/P), and determining whether to buy or rent equipment.
π§ A specific task in construction accounting is maintaining a work-in-progress schedule for long-term contracts, which is unique to this industry.
Required Qualifications and Career Path
π Taylor holds a Bachelor's degree in Business Administration (emphasis in Accounting), a Professional Accounting Certificate, a CPA License, and an MBA, although a degree is not technically required to become a Controller by working up through accounting.
π οΈ Key attributes for this role include being super organized, meticulous, detail-oriented, and having a passion for working with ERPs, software integration, and financial dashboards.
π Suggested first steps for aspiring Controllers include taking an accounting class, pursuing a bachelor's degree (Business Admin or Finance), and obtaining a CPA License.
Job Dynamics and Industry Outlook
πΌ The Controller position is described as a super high-demand job, but the specific expectations and responsibilities vary significantly between industries (e.g., construction vs. healthcare).
π A major challenge mentioned is that not everyone will accept the Controller's advice, requiring the professional to deal with subsequent decisions and continue guiding the company as directed.
π Every industry requires a financial controller, although their specific data and financial statements will differ based on the sector.
Key Points & Insights
β‘οΈ Controllers must be able to make data-driven decisions regarding cash flow items like collecting old A/R or slowing down A/P payments.
β‘οΈ Aspiring Controllers should consider gaining public accounting experience, such as auditing or tax, as it can be very helpful for career progression.
β‘οΈ The job description for a Controller is often fluid; positions in different sectors, like manufacturing versus construction, will involve different day-to-day tasks.
πΈ Video summarized with SummaryTube.com on Oct 29, 2025, 11:10 UTC
Find relevant products on Amazon related to this video
Equipment
Shop on Amazon
Software
Shop on Amazon
Best Equipment
Shop on Amazon
Best Software
Shop on Amazon
As an Amazon Associate, we earn from qualifying purchases

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