Corporate Controller in Today's Environment: Part 2
Authored by Miles Hutchinson
About this Course
Topics covered include: The diverse roles of Corporate Controllers; Characteristics of the Controller Vs. the CFO Vs. the Treasurer, and what if there is no CFO or Treasurer; Characteristics of the Controller Vs. the CFO Vs. the Treasurer, and what if there is no CFO or Treasurer
Roles and responsibilities, build your organizational plan and promote it; Core competencies of the successful controller 'What brought you here won't keep you here'; Core communication tools- understanding yourself and others is the key; Strategic Vs Controlling which approach do you take? When & how often?; Dashboard Reporting where to find the tools; Dealing with Auditors identify the different approaches to use with Regulatory Vs. Financial Auditors.
Upon completing this course, you should be able to: Identify, define and clarify the roles you accept as the Corporate Controller; Identify and set reasonable boundaries for what you can accomplish and work within those constraints; Recognize when to outsource the work; Describe how to become a better communicator and strategist with leadership, employees, customers, vendors, lenders and investors; Differentiate obstacles an organization faces when acquiring a new business system; Recognize key performance indicators (KPIs) and what they allow an organization to do; Recognize key performance indicators (KPIs) and what they allow an organization to do
Identify starting points for preparing proforma financial statements; Recognize key performance indicators (KPIs) and what they allow an organization to do
Identify starting points for preparing proforma financial statements
Recognize what to avoid when designing a forecasting model; Describe what the controller is required to do with regards to regulatory audits; Identify why it's important to be as forthcoming as possible with financial auditors outside an organization; Recognize steps toward choosing a new business system; Identify what should be avoided when preparing financial reports for presentation; Describe a purpose of the documentation tab in a forecast model; Recognize when forecasting should be used when dealing with the inconsistent timing of cash flows; Differentiate which aspect of implementing a new business system does the DiSC model came into play; Recognize a challenge inherent to outsourcing a service as opposed to performing the service in-house; Identify what dashboard reporting typically involves; Describe the weighted average cost of capital (WACC) is the hurdle rate; Recognize which type of knowledge regulatory compliance for sales and use tax requires; Differentiate functions of a controller;
Experience as an accounting manager or controller.