General Accounting

What is the difference between a CFO and a Controller?

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  1. 12 Answers

    Sometimes the titles are used to mean the same thing, but they really are different jobs.

    The Controller is responsible for the accounting and recordkeeping of a business. They may have other duties as well such as IT and Human Resources. Their responsibility lies in the regular accounting and in maintaining all financial and regulatory compliance.

    The CFO role is broader than the Controller and more forward looking. The CFO reviews the financial statements and then uses that information and try to project future performance. CFO’s develop and implement strategy so that the business can achieve its goals.

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