The specifics of what a controller does, and the skills needed for a particular role can vary by company. In any case, controllers should be able to bring a diverse skill set to the job that goes beyond number-crunching. Here are some of the key competencies necessary for this senior management position:
Working knowledge of generally accepted accounting principles (GAAP)
For public companies: Knowledge of U.S. Securities and Exchange Commission (SEC) regulations and the Sarbanes-Oxley Act (SOX)
A strong work ethic and integrity
Attention to detail
The ability to multitask
Problem-solving and analytical thinking skills
Managerial abilities
Interpersonal skills, including collaboration and communication