What is controller?
An experienced accounting leader responsible for a company's financial infrastructure, including the chart of accounts, accounting systems, close procedures, documented policies, reconciliations, internal controls, and reporting for management and external stakeholders. For an early-stage company, the total cost of this function can easily reach hundreds of thousands of dollars each year.
Where you will use it: this term comes up in the Applied AI for Finance and Accounting course, and the full course glossary collects every term in one place.
Related terms
From the free Applied AI for Finance and Accounting course by Devon Coombs, CPA, MBA.