Climb The Accounting Corporate Ladder. How to Succeed In Your Accounting Career

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The Financial Controller

The Financial Controller

3 жыл бұрын

In this video we discuss the role of a controller in depth in relation to Internal Controls, Budgeting, Forecasting, and more. We also discuss the best certifications to have, as well as whether there is flexibility to move between industries as a controller.
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All views expressed on my channel are mine alone. Not intended as financial or professional advice.

Пікірлер: 83
@bossmanceo
@bossmanceo 3 жыл бұрын
This channel is a gem! Thank you a thousand time! You’re the best!
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Awesome Pierre
@a.sydney5036
@a.sydney5036 3 жыл бұрын
@@TheFinancialController it really is. Thank you again.
@tranquil5608
@tranquil5608 Жыл бұрын
I really enjoy your videos. I find them really valuable and this was really good too. I consider you a mentor even though we dont know each other. Please keep up the good work. Thanks
@evansjuma3831
@evansjuma3831 3 жыл бұрын
Hi Bill, this is a great and informative presentation, glad to see my question comprehensively answered, many thanks brother! I am looking forward to a great year with more informative contents from you
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Thanks Evans!
@mentalnesaguaro7801
@mentalnesaguaro7801 11 ай бұрын
After watching your videos I can't help but think that becoming a financial controller is much easier in Europe than in America. Well, at least in my country. I have seen 25 year olds becoming junior financial controllers in some smaller companies after only working as an auditor in big 4 for maybe ~4 years.
@RevolutionarySky
@RevolutionarySky 11 ай бұрын
Your videos are always so insigtful! Thanks for making such useful content, i’ve got quite a journey till i get to the controller position but the way you describe and break it down to us is so clear and easy to understand, well done! Keep up with your good work
@TheFinancialController
@TheFinancialController 11 ай бұрын
Great to hear!
@loidforger5780
@loidforger5780 3 жыл бұрын
Really liked the last advice. Loving these frequent videos . Thanks
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Thanks Mo
@stephenadeya8662
@stephenadeya8662 3 жыл бұрын
Thanks, much appreciation from Nairobi, Kenya. The Q&A session was encouraging more so how you responded to various issues from different persons all over the world. You're an inspiration to my professional growth.
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Thanks stephen
@stephenadeya8662
@stephenadeya8662 3 жыл бұрын
@@TheFinancialController May be in future if you don't mind, talk about Hospitality Banquet Accounting.
@anooopmurali
@anooopmurali 3 жыл бұрын
Informative as always! Have a great year ahead.
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Thanks anoop
@CPATuttle
@CPATuttle Жыл бұрын
This was great. Thank you for sharing your experience
@lanidvabella2396
@lanidvabella2396 Жыл бұрын
nice one.. im learning a lot.. thanks for sharing your expertise
@kcnguyen18
@kcnguyen18 2 жыл бұрын
I was wondering could you sometimes make a video to advise how many years should I spend on my Senior billing level to be a Billing Manager. Are there any skills, attitudes, that I need to pay attentions to in order to get promotion? Thank you in advance!
@jobsampath
@jobsampath 3 жыл бұрын
Hey Bill, Happy new year and thank you for passing your experience to us. could you let me know how accrued expenses affect OPEX budget?
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Hi I will address this in a future video on financial budgets
@positive_vibes_2427
@positive_vibes_2427 3 жыл бұрын
I just landed a role in Auditing in Public Accounting (Entry Level Associate with a November start). I'm tuned in!
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Congratulations!
@positive_vibes_2427
@positive_vibes_2427 3 жыл бұрын
@@TheFinancialController Thanks! Currently looking up tips on how to perform well and planning for the future. Also trying to be a CPA by then!
@kingofkings9142
@kingofkings9142 2 жыл бұрын
@Positive vibes..... How is it going on now? Are you enjoying the role?
@positive_vibes_2427
@positive_vibes_2427 2 жыл бұрын
@@kingofkings9142 decent. A lot of downtime since busy season. Trying to get thru CPA more than anything tbh. Helping out here and there though
@paige4985
@paige4985 3 жыл бұрын
I really liked your videos. Please keep posting.
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Thanks Paige ;)
@jogradinjj5591
@jogradinjj5591 2 жыл бұрын
thank you learned so much ..from Australia
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Thanks a lot
@heisenberg7049
@heisenberg7049 3 жыл бұрын
Thanks for including my question. Great video. Breaking Bad is the best!
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Thanks man, keep asking good questions
@madisonpack5258
@madisonpack5258 Жыл бұрын
Hey Bill, I work in accounts payable right now, but I do not want to be stuck here forever. What actions can I take to move up the ladder? Degrees? Other positions?
@queensgambit4982
@queensgambit4982 7 ай бұрын
First step get a bachelors degree in accounting . With a Bach you can get get entry to staff accountant position. It is the first professional accounting position . Yeah climbs to Staff 2 ,and senior , asst cont and then controller etc. I would recommend getting your masters to complete 150 credit hours and become eligible to sit for the CPA exam . Don’t go for certificate of accounting or something like that . The only way to become a competent accountant is to understand and have. Solid foundation of GAAP . Generally accepted accounting principles. If you do get go for your masters I recommend taking courses in taxation . Knowing both makes you a solid accountant with a lot of potential .
@jessiesi1412
@jessiesi1412 3 жыл бұрын
I keep watching your Chanel and love your videos. Thanks for the efforts!
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Thanks Meng!
@cocoshuimu
@cocoshuimu Жыл бұрын
Hi Bill, I am revisiting this video again. I was a senior accountant but I hadn't had much forecasting/budgeting experience so I am getting a Financial Analyst role (focusing on budgeting and forecasting) probably next week, am I going backwards according to your metric? or am I still on the right track to be a finance manager in a couple of years? Thank you very much.
@TheFinancialController
@TheFinancialController Жыл бұрын
Don’t think of it as backwards. Just learn about budgeting and forecasting as much as you can
@cocoshuimu
@cocoshuimu Жыл бұрын
@@TheFinancialController Thank you so much for your advice. I really appreciate it ❤️
@shabeelck5588
@shabeelck5588 2 жыл бұрын
Hey sir, will i get promote if im just a tally accountant?
@theboombody
@theboombody Жыл бұрын
I definitely went into the accounting career path for the job stability and to provide for my loved ones. Sure didn't go into it for the passion of the content.
@sxrpmoon5456
@sxrpmoon5456 2 жыл бұрын
best info ever
@ngocbaonguyen5386
@ngocbaonguyen5386 3 жыл бұрын
Can you do an opinion on CPA + CFE ?
@jithinsavio3812
@jithinsavio3812 3 жыл бұрын
This channel is best, useful for young accountants.. Is there any assistant post for u available sir..?knowledge matters not salary...✌️
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Thank you. Not yet but will let u know when I do need one
@danielwilson1793
@danielwilson1793 3 жыл бұрын
Hey Bill, Nice videos btw haha really love it I was wondering could you sometimes make a video about career certification. Like what is the best certification that we need if we want to accelerate our career as a finance/accountant/controller/analyst? Thanks in advance haha I would really love to watch it and hope others too.
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Sounds like a good video idea ok
@IXIFrostIXI
@IXIFrostIXI Жыл бұрын
Do you think accounting manager to FBP is a trap or a solid foreword movement ?
@claudiamendieta4937
@claudiamendieta4937 Жыл бұрын
You are the best 😀
@isaacweah2780
@isaacweah2780 Жыл бұрын
How can you help me. I am having an interview by Sept 21,2021 for a financial controller?
@comfortmutenda1131
@comfortmutenda1131 3 жыл бұрын
Hi Bro thanks for the awesome content , I'm an accountant having an interview for Finance Controller role on Tuesday with a consulting firm , your videos are amazing , is there any tip you can give me I would highly appreciate it .
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Good luck. Be calm and just have a conversation. Ask questions that shows you are curious about the role and its objectives
@comfortmutenda1131
@comfortmutenda1131 3 жыл бұрын
Thanks so much bro👏and God bless you
@550manu
@550manu 2 жыл бұрын
your content are amazing
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Thanks 🙏
@will201084
@will201084 2 жыл бұрын
So I am basically doing a lot of what a controller does at a clerks pay? Damnit lol
@FujiMezu
@FujiMezu 6 ай бұрын
I’m a freshman in college studying to become an accountant! What should my ultimate goal be?
@HemantBhaiyaGaming
@HemantBhaiyaGaming 4 ай бұрын
How do you grow in the field of Enrolled agent?
@abdullahesmail9681
@abdullahesmail9681 2 жыл бұрын
Hi bill I am Abdullah from Egypt I have 9 year's is a general accountant it means her in Egypt you work in all functions in a company usually the company size is small or family business in my case can I get job as a financial controller ?
@ahmedismail717
@ahmedismail717 3 жыл бұрын
I need your help witch one should i start first CMA or IFRS DIP or FMVA i am working as senior Accountant at construction company from 3 years and before that i was external auditor for around 2 years , thank you alot
@TheFinancialController
@TheFinancialController 3 жыл бұрын
I guess depends on your goal. Why not the CPA (or your country equivalent) if you were in audit?
@ahmedismail717
@ahmedismail717 3 жыл бұрын
@@TheFinancialController actually i am in UAE and CPA or ACCA will be my next goal i need to warm up with 6 months certificate 😅
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Sorry I’m not familiar with those other certificates. But if I were you I would focus all my efforts on getting the CPA
@ahmedismail717
@ahmedismail717 3 жыл бұрын
@@TheFinancialController Thank you so much Dear ❤️❤️
@nagibabdowhab9447
@nagibabdowhab9447 2 жыл бұрын
I have question, please ?! The MBA Is important for accounts?
@TheFinancialController
@TheFinancialController 2 жыл бұрын
No
@jamaicanqueen1058
@jamaicanqueen1058 9 ай бұрын
Are there any courses that I can take to give me more insight and hands on experience in becoming an AP Manager? I’ve worked in this area for many years, and would like become an AP Manager.
@TheFinancialController
@TheFinancialController 9 ай бұрын
my controller Academy course has a whole module on AP. And another module on accruals and month-close. Check it out
@ahmedismail717
@ahmedismail717 3 жыл бұрын
Best of luck big boss
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Thanks man
@apoorvasharma9365
@apoorvasharma9365 3 жыл бұрын
Could you please made the videos on U.S. GAAP
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Sure will do.
@morayophilips6200
@morayophilips6200 Жыл бұрын
👏👏👏👏👏👏👏
@JaxHO
@JaxHO 2 жыл бұрын
ACCA or CPA? Any advice?
@mohamedalaasaad7447
@mohamedalaasaad7447 2 жыл бұрын
Hello I'm Mohamed from egypt, i'm accountant in manufacturing company, now i'm studying cma 'm target to get examination in October window , I need to get meeting with you nearest time via zoom or teams
@davidwoods9136
@davidwoods9136 2 жыл бұрын
Explaining the algorithm at the beginning of the video.... you are a demi-god.
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Haha had to re watch to see what you mean
@ALshe77i96
@ALshe77i96 3 жыл бұрын
why when you say Ahmed the language change to Egyptian😂😂
@TheFinancialController
@TheFinancialController 3 жыл бұрын
Abu hmeeeed 😂
@ALshe77i96
@ALshe77i96 3 жыл бұрын
@@TheFinancialController really😂😂
@everybodywatching8763
@everybodywatching8763 2 ай бұрын
❤❤ 🇵🇰 🇵🇰 🇵🇰 🇵🇰
@mackenzierhinehart4395
@mackenzierhinehart4395 28 күн бұрын
None of these are common questions for an interview.
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