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Is there any difference between finance manager and financial controller?

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Question added by Mohammad Ashfaq , Financial Controller , Union COOP
Date Posted: 2013/04/30
mukkur srinivasan varadhan
by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice

Practically, there is no difference in these two roles.

• While there are many similarities between the roles of a finance manager and a finance controller, finance manager is a face of the management in the finance sphere while finance controller is his subordinate who oversees the risks implemented by the finance manager.
• Finance controller looks after day to day operations and gathers all the data and information and shares it with the manager.
• Finance controller is often asked to make financial forecasts based upon gathered data and also has to minimize risks.

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