Academic journal article Journal of Accountancy

Congratulations, You're Controller! Now What? Getting Control of the New Job: A Manual for the First Day, the First Week, and the First Month

Academic journal article Journal of Accountancy

Congratulations, You're Controller! Now What? Getting Control of the New Job: A Manual for the First Day, the First Week, and the First Month

Article excerpt

In order to effectively fulfill your role as a master organizer of huge volumes of financial data, you must first organize your own time and workspace. It's not easy to set personal priorities and manage the deluge of e-mail, reports, letters, junk mail, and voice mail that besiege you each day.

Physician, heal thyself. Accountant.... organize yourself!

If organization is critical to any function, it is accounting and finance. Much of accounting is organizing and summarizing data derived from millions of transactions, and condensing this into statements and reports that quickly convey the organization's financial position and results of operations. The CFO, Controller, and Financial Manager must be master organizers, providing structure and clarity to a chaotic tangle of data and information.

Perhaps the opening directive to any Finance Department job description should be: "Bring order to chaos." But before imposing order to the department and the data that it handles, the CFO, Controller, and Financial Manager must bring order to their own personal workdays, and the various tasks and priorities that fill them.

First Day on the Job

Congratulations! You have just been hired into your dream job. You are now the CFO, Controller, Financial Manager (choose your title) of a large, successful organization. Based on information you gleaned during the interview process, you believe that you have a sense of what your department needs, and you are excited about getting started. …

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