Career Overlap Transition record Edition 1 · ESCO v1.2.1
Table 1Transition record

financial controllertoaccounting manager

A financial controller already meets 48% of what the accounting manager role asks for. The move turns on 16 required skills not yet in the profile.

From financial controller
48%
Overlap1
To accounting manager
28 Skills carried over
16 Required, not held
61 Difficulty2
adjacent 0–30
moderate 30–55
substantial 55–75
career change 75–100
this move, 61

This move: 61 of 100 · substantial

1 Share of the accounting manager role’s weighted skill requirement already met by the financial controller profile. Required skills count in full, supplementary skills at 0.35. Directional: the figure for the reverse move differs. 2 Combines what is missing with how specialised it is, so a gap of general skills scores easier than the same number of narrow ones.

Table 2

Table 2 · What you already bring

Of the 28 skills that carry over, these are the ones fewest other occupations ask for. A accounting manager role needs them, and most people applying for one will not have them already. This is the part of a financial controller background worth leading with.

Skill the target role also needs Area
  • already held liaise with auditors communication, collaboration and creativity
  • already held draft accounting procedures communication, collaboration and creativity
  • already held supervise accounting operations management skills
  • already held manage the general ledger information skills
  • already held explain accounting records management skills
  • already held ensure compliance with accounting conventions information skills

All 28 carried skills, including the 17 the accounting manager role treats as required.

Table 3

Table 3 · What you would need to learn

The 34 missing skills fall into 6 areas of the ESCO skill hierarchy, numbered below in the order worth working in: the areas carrying the most required skills come first, and inside each one the required skills sit above the supplementary ones.

Skill to acquire Tier
01 business, administration and law 7 required, 4 supplementary
  • required, not held corporate social responsibility required
  • required, not held depreciation required
  • required, not held accounting entries required
  • required, not held financial analysis required
  • required, not held financial management required
  • required, not held international financial reporting standards required
  • required, not held national generally accepted accounting principles required
  • optional, not held global standards for sustainability reporting optional
  • optional, not held bookkeeping regulations optional
  • optional, not held liquidity management optional
  • optional, not held public finance optional
02 information skills 4 required, 3 supplementary
  • required, not held identify if a company is a going concern required
  • required, not held analyse market financial trends required
  • required, not held ensure compliance with disclosure criteria of accounting information required
  • required, not held monitor financial accounts required
  • optional, not held calculate tax optional
  • optional, not held forecast organisational risks optional
  • optional, not held perform account allocation optional
03 management skills 3 required, 6 supplementary
  • required, not held integrate strategic foundation in daily performance required
  • required, not held manage accounts required
  • required, not held strive for company growth required
  • optional, not held attach accounting certificates to accounting transactions optional
  • optional, not held evaluate employees optional
  • optional, not held make strategic business decisions optional
  • optional, not held manage staff optional
  • optional, not held perform cost accounting activities optional
  • optional, not held plan health and safety procedures optional
04 assisting and caring 1 required
  • required, not held follow company standards required
05 services 1 required
  • required, not held fraud detection required
06 communication, collaboration and creativity 5 supplementary
  • optional, not held advise on bankruptcy proceedings optional
  • optional, not held advise on public finance optional
  • optional, not held inform on fiscal duties optional
  • optional, not held liaise with managers optional
  • optional, not held perform dunning activities optional
Table 4

Table 4 · Where to start

The 3 entries a accounting manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.

Each entry opens a course search for that skill. Career Overlap earns nothing from these links.

Appendix

Appendix · The rest of the record

All 28 skills that carry over
Skill Type
  • already held accounting department processes knowledge
  • already held analyse financial performance of a company skill
  • already held check accounting records skill
  • already held create a financial plan skill
  • already held draft accounting procedures skill
  • already held enforce financial policies skill
  • already held ensure compliance with accounting conventions skill
  • already held evaluate budgets skill
  • already held explain accounting records skill
  • already held financial department processes knowledge
  • already held financial statements knowledge
  • already held follow the statutory obligations skill
  • already held interpret financial statements skill
  • already held manage budgets skill
  • already held supervise accounting operations skill
  • already held support development of annual budget skill
  • already held tax legislation knowledge
  • already held advise on financial matters skill
  • already held advise on tax planning skill
  • already held disseminate information on tax legislation skill
  • already held financial forecasting knowledge
  • already held liaise with auditors skill
  • already held liaise with financiers skill
  • already held manage the general ledger skill
  • already held prepare financial auditing reports skill
  • already held prepare financial statements skill
  • already held prepare tax returns forms skill
  • already held statistics knowledge
18 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held global standards for sustainability reporting optional
  • optional, not held advise on bankruptcy proceedings optional
  • optional, not held advise on public finance optional
  • optional, not held attach accounting certificates to accounting transactions optional
  • optional, not held bookkeeping regulations optional
  • optional, not held calculate tax optional
  • optional, not held evaluate employees optional
  • optional, not held forecast organisational risks optional
  • optional, not held inform on fiscal duties optional
  • optional, not held liaise with managers optional
  • optional, not held liquidity management optional
  • optional, not held make strategic business decisions optional
  • optional, not held manage staff optional
  • optional, not held perform account allocation optional
  • optional, not held perform cost accounting activities optional
  • optional, not held perform dunning activities optional
  • optional, not held plan health and safety procedures optional
  • optional, not held public finance optional
9 held skills the accounting manager role does not ask for
Skill Type
  • not needed by the target role analyse financial risk skill
  • not needed by the target role develop financial statistics reports skill
  • not needed by the target role exert expenditure control skill
  • not needed by the target role insolvency law knowledge
  • not needed by the target role inspect government expenditures skill
  • not needed by the target role liaise with shareholders skill
  • not needed by the target role manage profitability skill
  • not needed by the target role synthesise financial information skill
  • not needed by the target role track key performance indicators skill
12 gaps that are knowledge rather than practice

Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.

Skill to acquire Tier
  • required, not held corporate social responsibility required
  • required, not held depreciation required
  • required, not held accounting entries required
  • required, not held financial analysis required
  • required, not held financial management required
  • required, not held fraud detection required
  • required, not held international financial reporting standards required
  • required, not held national generally accepted accounting principles required
  • optional, not held global standards for sustainability reporting optional
  • optional, not held bookkeeping regulations optional
  • optional, not held liquidity management optional
  • optional, not held public finance optional
Index

Other moves recorded from financial controller

Full index of moves from financial controller

Note

How this record was compiled

Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.