beginnings
how I got started | I trained and qualified as a Chartered
Accountant (equivalent of CPA) in the UK then worked as an internal
auditor for an international media and publishing company before moving
to the US.
inspiration
why this job?| The most important aspect of my current career is
that I have been able to make it work around my family responsibilities.
Here in Silicon Valley there is a preponderance of small start up
companies who only need/can afford a part time finance function. The
corporate culture is also much more relaxed and flexible and, as long as
I get my job done, I can work hours that suit me. There are times when
I need to work longer hours, particularly when it comes to working on
financing or acquisitions, but I have never found the workload
overwhelming. There is also the possibility of working from home,
particularly when I need to be on international conference calls outside
of normal working hours.
love
why I love this job!| I enjoy being able to bring my
international experience and knowledge to assist on cross border issues,
for example, where the US company exports products to the EU and has to
deal with European VAT and duty issues. When I was working as a pure
Controller, I enjoyed the fact that I was fully responsible for the
systems and the numbers reported each month and for the numbers used by
my CFO to judge the performance of the company and to make decisions on
its future strategy.
work
my typical day| I spend much of my time digging into numbers and
unwinding transactions in order to explain or correct the numbers
reported by the financial systems. In my current job I work along side
the Controller, working on projects as well as taking responsibility for
all aspects of our three international subsidiaries. I understand the
differences, as well as the universal aspects of finance departments in
different countries and can use this experience to help bridge the gap
between US Management and their overseas operations, customers and
suppliers.
challenges
what they are | Depending on the culture of the company and/or
the willingness of the Controller to get involved in the business
aspects of the business, the basic work of a Controller can get
monotonous. A Controller is responsible for the efficient working of
the finance function but I do not believe that it is possible to be an
effective Controller without fully understanding and being active in all
aspects of the company's business. Often there may be a residual
belief in some non-finance functions that accountants are just
responsible for numbers and cannot add any value to the 'business'
functions. Changing such attitudes can be a challenge but it is well
worth the effort.
upside
all about growth | A standard career path from Controller would
be to a CFO. However, there is no reason why an effective Controller
who has integrated themselves into and understands all aspects of an
organisation, and who has the requisite entrepreneurial skills could not
go all the way up to CEO. I have also seen several Controllers who
have taken their skills and set up their own businesses providing
finance expertise either as a Contract Controller to smaller companies
or Consultancy advice on specific projects to larger companies.
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