Good morning. The role of CFOs is evolving at a rapid pace while also becoming more strategic with new and diverse responsibilities. All of that means a shift in the finance organization as well. Now, controllers, the right-hand person to a CFO, are foreseeing radical changes in their roles.
A new global report by EY released this morning, finds 86% of financial controllers expect their roles to change dramatically in the next five years. Controllers oversee a company’s day-to-day accounting operations, implement financial plans, and supervise accountants. They ensure the finance organization meets compliance standards with clean financial records. But that’s now becoming just table stakes.
