Careervira Logo
Careervira Logo

USD $

Courses

Roles & Skills

Lists

Learn Paths

Career Paths

Navigating the Assistant Controller Landscape in Singapore with Step-by-Step Career Guide

Career Guide

Navigating the Assistant Controller Landscape in Singapore with Step-by-Step Career Guide

02 July 2024

blur

Elevating Your Assistant Controller Career: An Inclusive Career Guide

Features

ALL LEVEL

Table of Contents

  • 1. Assistant Controller Career Guide: Introduction

  • 2. What is Assistant Controller?

  • 3. Roles and Responsibilities

  • 4. Prerequisites

  • 5. Essential Skills for Assistant Controller

  • 6. Industry Outlook

  • 7. Top Courses To Master Assistant Controller

  • 8. Summary

Elevating Your Assistant Controller Career: An Inclusive Career Guide

Assistant Controller Career Guide: Introduction

The career guide provides a detailed roadmap of Assistant Controller position, part of the Accounting & Finance industry within Singapore that offers potential career growth.

What is Assistant Controller?

An assistant controller manages day-to-day accounts activities and often oversees any internal auditing. The assistant controller must have a good working knowledge of financial regulations to ensure that the finance department is working within those parameters. It is expected that the assistant controller is a good leader and manager, as they usually help develop their team and advise their superiors. Assistant controllers are responsible for the accuracy of data in accounts, and they must ensure that all of their counts maintain integrity. They also may be responsible for the budget and for allocating resources as necessary; this includes creating reports, overseeing the annual budget, and presenting it to their superiors. The assistant controller will often report to the company’s chief executive officer or chief financial officers, in addition to other supervisors they may have.

This position can be found in many different companies with a finance department, and it is expected that one is familiar with the work that company does. For this reason, industry-specific experience is often required for this job. Most assistant controller positions require a degree in finance or accounting. This position is not entry-level, and experience is generally required in a role that focuses on accounting and has some supervisory elements.

Roles and Responsibilities

As an Assistant Controller in Singapore, some of your main responsibilities include:

  • Ensuring compliance with accounting standards – You are responsible for ensuring that all financial transactions are in compliance with accounting standards and regulations in Singapore.
  • Managing accounts payable and receivable – You oversee the management of accounts payable and receivable, ensuring that invoices are properly processed and payments are made on time.
  • Providing accurate and timely financial reports – You prepare financial statements and reports accurately and on a timely basis to aid management decision making.
  • Assisting in budget preparation – You support to the Controller in preparing budgets, analyze variances, and assist in implementing budget controls.
  • Managing audits and tax filings – You oversee and manage external audits of the company’s financial statements and also ensure the company’s tax compliance.
  • Implementing internal controls – You assist the Controller in establishing and maintaining internal control systems that safeguard company assets and ensure the accuracy of financial records.
  • Supervising accounting personnel – You supervise and train accounting personnel to ensure they perform their duties effectively and efficiently.

Prerequisites

Prerequisite for a Assistant Controller

Educational Qualifications

Top Professional Certifications

Work Experience and Internship

Tools Knowledge required

Essential Skills for Assistant Controller

Essential skills that can help you prosper as Assistant Controller:

1.

Accounting

2.

Financial Analysis

3.

Accounting

4.

Ledger Accounting

5.

Reporting

Salary Insights

Late Career

View Detailed Salary Insights

Industry Outlook

According to recent data, the role of Assistant Controller shows promising growth in the Singapore market. Over the past 10 years, the job role has experienced steady demand and has become essential in various industries. With Singapore's strong economy and increasing focus on financial management and compliance, the Assistant Controller position is expected to grow further in the future. The projected growth indicates a rise in employment opportunities for individuals in this field. With positive market trends and the increasing need for financial expertise, the Assistant Controller role has a bright future ahead in Singapore.

Top Courses To Master Assistant Controller

If you are prepared to advance your learning journey towards becoming an Assistant Controller, you have arrived at the ideal destination! Outlined below are the leading courses that can facilitate a prosperous vocational journey for you

Summary

An assistant controller is a financial professional who manages day-to-day accounting activities, including internal auditing and ensuring compliance with financial regulations. They are responsible for maintaining data accuracy, managing budgets, and allocating resources. In addition to overseeing their team and advising superiors, assistant controllers often report to the company's top executives. This role requires industry-specific experience and typically a degree in finance or accounting. In Singapore, alternative career prospects for assistant controllers include roles such as financial analyst, treasury manager, cost accountant, and internal auditor. The Assistant Controller position is expected to experience further growth in Singapore due to the country's strong economy and emphasis on financial management and compliance.

Features

ALL LEVEL

Table of Contents

  • 1. Assistant Controller Career Guide: Introduction

  • 2. What is Assistant Controller?

  • 3. Roles and Responsibilities

  • 4. Prerequisites

  • 5. Essential Skills for Assistant Controller

  • 6. Industry Outlook

  • 7. Top Courses To Master Assistant Controller

  • 8. Summary

Home
Search
Wishlist