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Post by rubisultan23 on Apr 29, 2024 19:53:32 GMT -8
To this end it has decision-making authority in various areas that affect the company's overall profitability. Controller Functions and Profiles The controller's functions cover almost all areas of finance. This ranges from managing and relationships with financial entities to negotiate better proposals or credit policies to improving processes that ensure the collection and payment of invoices generated by your company. At the same time UK Phone Number List the Controller, in collaboration with the Chief Financial Officer, reviews compliance with targets and budgets related to each activity Function Description Determine sources of income Regarding income you must understand its sources to identify the most profitable businesses and the less profitable ones Fixed Income Management Sales services leasing financial services etc. You should also look into the subsidies the company may receive. Determine cost allocation Regarding cost controllers must determine where and how they allocate to implement cost corrective actions General expenses Contingent expenses Fixed expenses Financial expenses Personal expenses Amortization expenses Taxes, etc. Every good controller stands out by possessing a set of skills and knowledge relevant to their function in the company Skills Knowledge Able to communicate the performance of different tasks to different departments using an easy-to-understand communication method.
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