Controller definition: Copy, customize, and use instantly
Introduction
The term "Controller" generally refers to the individual responsible for overseeing the accounting and financial reporting functions within an organization. The Controller is accountable for ensuring that the company's financial records are accurate and comply with relevant regulations.
Below are various examples of how "Controller" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Controller" as the chief financial officer
This definition ties "Controller" to the role of the chief financial officer (CFO).
"Controller" refers to the individual serving as the chief financial officer, responsible for overseeing financial management, accounting, and regulatory compliance within the company.
Definition of "Controller" in the context of accounting
This definition connects "Controller" to the accounting function.
"Controller" means the senior position responsible for managing the company's accounting operations, including the preparation of financial statements, audits, and reports.
Definition of "Controller" as a financial officer
This definition links "Controller" to the role of a financial officer.
"Controller" refers to the financial officer who ensures the accurate recording of financial transactions and the implementation of effective internal controls.
Definition of "Controller" for internal reporting
This definition applies "Controller" to internal reporting duties.
"Controller" means the executive responsible for managing the company’s internal financial reporting system, ensuring reports are timely, accurate, and in line with company policy.
Definition of "Controller" in relation to audit preparation
This definition ties "Controller" to audit preparation responsibilities.
"Controller" refers to the individual in charge of preparing financial records for external and internal audits, ensuring compliance with accounting standards and regulations.
Definition of "Controller" in relation to financial oversight
This definition connects "Controller" to financial oversight.
"Controller" means the person responsible for overseeing all aspects of financial management within the company, including budgeting, forecasting, and reporting.
Definition of "Controller" in relation to financial systems
This definition links "Controller" to the management of financial systems.
"Controller" refers to the individual responsible for ensuring that financial systems and software are properly implemented, maintained, and utilized for accurate financial reporting.
Definition of "Controller" for compliance management
This definition connects "Controller" to compliance management.
"Controller" means the person accountable for ensuring that financial practices comply with legal and regulatory standards, including tax filings, financial disclosures, and internal controls.
Definition of "Controller" as the head of finance
This definition applies "Controller" to the head of finance.
"Controller" refers to the head of the finance department, responsible for directing financial operations and ensuring the company adheres to fiscal policies and accounting principles.
Definition of "Controller" in relation to cash management
This definition ties "Controller" to cash management duties.
"Controller" means the individual responsible for overseeing cash management, including managing cash flow, handling receivables, and ensuring the availability of funds for operations.
Definition of "Controller" for corporate financial strategy
This definition links "Controller" to corporate financial strategy.
"Controller" refers to the person responsible for overseeing the development and execution of financial strategies within the company, ensuring alignment with the company’s objectives.
Definition of "Controller" for financial statements preparation
This definition connects "Controller" to the preparation of financial statements.
"Controller" means the executive responsible for preparing, reviewing, and presenting the company’s financial statements, ensuring compliance with applicable accounting standards.
Definition of "Controller" as a senior accounting position
This definition ties "Controller" to a senior position in accounting.
"Controller" refers to the senior position within the accounting department responsible for overseeing accounting functions, including general ledger, payroll, and financial reporting.
Definition of "Controller" for cost control
This definition links "Controller" to cost control responsibilities.
"Controller" means the individual responsible for monitoring and controlling costs within the organization, ensuring that spending aligns with the company’s financial targets.
Definition of "Controller" in relation to financial operations
This definition applies "Controller" to the management of financial operations.
"Controller" refers to the person responsible for managing day-to-day financial operations, including overseeing the preparation of budgets and ensuring proper financial oversight.
Definition of "Controller" for financial analysis
This definition connects "Controller" to financial analysis duties.
"Controller" means the person responsible for conducting financial analysis, interpreting financial data, and making recommendations to senior management based on financial performance.
Definition of "Controller" in relation to tax compliance
This definition links "Controller" to tax compliance duties.
"Controller" refers to the individual responsible for ensuring the company’s tax filings are accurate, timely, and comply with all relevant tax laws and regulations.
Definition of "Controller" for budgeting and forecasting
This definition ties "Controller" to budgeting and forecasting.
"Controller" means the person in charge of preparing and managing the company’s budgets and forecasts, ensuring they reflect the organization’s strategic goals and financial objectives.
Definition of "Controller" in relation to risk management
This definition connects "Controller" to risk management.
"Controller" refers to the individual responsible for identifying, assessing, and managing financial risks that could affect the company’s financial position and performance.
Definition of "Controller" as the chief accounting officer
This definition applies "Controller" to the chief accounting officer.
"Controller" means the senior executive who oversees all accounting functions within the company, including compliance with accounting standards and the preparation of financial reports.
Definition of "Controller" in relation to company liquidity
This definition links "Controller" to liquidity management.
"Controller" refers to the person responsible for monitoring the company’s liquidity position, ensuring that sufficient funds are available to meet operational and strategic needs.
Definition of "Controller" for financial consolidation
This definition connects "Controller" to financial consolidation.
"Controller" means the person responsible for consolidating financial information from various departments and subsidiaries to create comprehensive financial reports.
Definition of "Controller" in terms of internal controls
This definition ties "Controller" to internal controls.
"Controller" refers to the individual responsible for establishing and maintaining internal controls within the company to safeguard assets and ensure accurate financial reporting.
Definition of "Controller" in relation to financial policies
This definition connects "Controller" to financial policies.
"Controller" means the person responsible for developing, implementing, and enforcing financial policies and procedures within the organization.
Definition of "Controller" for strategic financial planning
This definition applies "Controller" to strategic financial planning.
"Controller" refers to the person responsible for aligning financial strategies with the company’s long-term objectives, ensuring efficient allocation of financial resources.
Definition of "Controller" in relation to financial transparency
This definition links "Controller" to financial transparency.
"Controller" means the individual accountable for ensuring transparency in financial reporting, ensuring that financial statements reflect the true financial position of the company.
Definition of "Controller" for financial risk assessments
This definition connects "Controller" to financial risk assessments.
"Controller" refers to the person responsible for assessing financial risks, ensuring that potential risks are identified and mitigated to safeguard the company’s financial health.
Definition of "Controller" in relation to company assets
This definition ties "Controller" to company assets management.
"Controller" means the person responsible for overseeing the management and safeguarding of company assets, ensuring that they are properly valued and protected.
Definition of "Controller" for overseeing accounts payable
This definition links "Controller" to accounts payable responsibilities.
"Controller" refers to the person responsible for overseeing accounts payable operations, ensuring that the company’s liabilities are accurately tracked and paid in a timely manner.
Definition of "Controller" for overseeing accounts receivable
This definition ties "Controller" to accounts receivable management.
"Controller" means the person responsible for overseeing accounts receivable, ensuring that customer payments are properly tracked and received in a timely manner.
Definition of "Controller" for financial closing
This definition applies "Controller" to the financial closing process.
"Controller" refers to the individual responsible for overseeing the financial closing process, ensuring that all transactions are recorded accurately and financial reports are completed on time.
Definition of "Controller" in relation to financial reporting standards
This definition connects "Controller" to financial reporting standards.
"Controller" means the person responsible for ensuring the company adheres to generally accepted accounting principles (GAAP) and other relevant financial reporting standards.
Definition of "Controller" for overseeing financial software systems
This definition links "Controller" to financial software systems.
"Controller" refers to the individual responsible for overseeing the implementation, maintenance, and use of financial software systems to ensure efficient financial operations.
Definition of "Controller" for ensuring financial integrity
This definition ties "Controller" to financial integrity.
"Controller" means the person responsible for ensuring the integrity of financial data, ensuring all records are accurate and compliant with applicable laws and regulations.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.