I have been a controller for two years and feel like I still missing experience. I was hired as a senior accountant and become a controller by luck. The previews controller that was going to mentor me passed abruptly. All I know about being a controller, I have researched and self learned. I feel like if I ever leave this job in the future; I am going have trouble in a bigger company with little experience. What can I do to learn more? Any advise in this matter would be helpful! Thanks

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Fake it till you make it. But learn as you go lol good luck

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Lol, Thank you

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I was in a similar situation a few years ago. You realizing this and asking this question shows that you are already on the right path. Keep learning, remember the fundamentals, utilize resources including other staff, work closely with your auditors and ask for their feedback, and advocate for training/development. Best of luck!

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You might be the equivalent to an accounting manager in a bigger company but you’d possibly get a pay bump and likely better benefits. Just keep learning and growing where you’re at

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Thank you!

I realize these job descriptions may scare you if you read into them with the requirements they are asking for. But remember before you had any experience, you had none and here you are today. There is no limit to knowledge, and approach each objectives using the same knowledge you have accumulated. Continue making used of resources, and don't be afraid to learn.

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Thank you, All I can do is continue to learn and build up my skills up. Thank you, to all of you that took the time to reply!

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I was hired as a Bookkeeper of a big Construction Company in San Antonio. In a couple of months after my bosses husband and wife liked my work and me personally that they promoted me to the Controller of the Company. Since then I learned how to be a Controller through experience. A Controller is someone who makes sure that accounting processes run smoothly and and the general ledger is balanced by using Trial Balance. He also reconciles all of the balance sheet accounts and compares the trial balances from the previous month to see if there’s a large difference of each account from the previous Financial Statements. He makes sure to investigates an unusual increase and decreases of each accounts. Controller also controls the expenditures of the company to make sure any increases and decreases are properly recorded in each proper accounts. The Controller also make sure that Financial Statements accounts are compared to the past month or year and he investigates the big amount of increases or decreases on each accounts. He also controls the expenditures by comparing the past to the present period. If there’s a big spike he makes sure that it is explained in financial Statements yearly budget.

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There are additional functions of a Controller and that is like that of CPA. Many times the CPA just signed Financial Statement and make sure that the ending balances of the Financial Statements are true and correct but a Controller should and be responsible to make a suggestion or suggestions to the stockholders or owners what to do when expenses are higher than estimated or forecasted. A Controller must notified the divisions, department leaders or the bosses when their expenditures are higher than expected or forecasted. Sometimes the Controllers give advices or ways to control expenses or increase income or sales. When I was promoted to the Controller of Winter’s Construction Company, I used to sit down with the owners to discuss the increase and decreases of the income and expenses every year not only with the comparison of the Income and expenses from previous years to current. Many times the Controller advices the stockholders or owners what they can do to control their expenditures and increase their sales by increasing their prices according to the price indexes of the materials and the need to increase their sales prices to combat losses. Controller are business advisors also.

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I completely understand where you are coming from! I started as a part time Admin Assistant working at a company through a temp agency. About 9 months after they hired me FT from the agency the controllers Assistant who also handled 5 other sister companies. She did all the functions of a Bookkeeper for 4 of them, then the largest one she did AP/collections, the taxes, IFTA. As well as being the personal assistant to the Controller. She quit. That morning, she hadn't even come in yet, and the Controller walks by my desk going out just causally saying "your up". He meant I was promoted to her job and she'd be there for a month to train me. She was there a week. Talk about thrown in the deep end. While I was trying to learn, having to still do most of the admin job, they were also in the middle of buying the company from the owners. The controller was one of them so he was not really around. Then a new accounting system. After that, the turn over was like clockwork. As people quit I had to step in, learn mostly on my own, then hire amd train replacements. The controller always low balled it so that made it so much worse. I was there for 15 full years. I learned every position. At the end during covid, there were only 2 of us. I worked 40 hrs by Wednesday. I did not work weekends. I was also acting Controller for 4 months every year as well.I left with 13 weeks of vacation. When I went for my bookkeeping certification he asked me why. Am I trying to fluff my resume or what? Saying once again, that he could teach me. It was just air. They should have paid for it too as they have a program for that. That was just a small blip of what happened.

Now I can't find a job. I regret quitting but there is no way to go back.

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Keep doing what you already are doing. Before leaving make sure you have a strong foundation and learn what you need before stepping up in another position. They call it competence confidence- you’ve done it before many times that you feel confident about it, gives you confidence built by your competence.

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