What to do in your 1st week as a Controller (from a Corporate Controller)

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The Financial Controller

The Financial Controller

2 жыл бұрын

You just landed a job as a Controller or an Accounting Manager. Here is what to focus on during your 1st week.
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All views expressed on my channel are mine alone. Not intended as financial or professional advice

Пікірлер: 91
@theaifinancialadvisor
@theaifinancialadvisor 2 жыл бұрын
Great content and valuable info!
@hjxb
@hjxb Жыл бұрын
the world needed this video. thank you
@somaansa939
@somaansa939 2 жыл бұрын
Awesome! Thanks for sharing.
@Freedomfastlane100
@Freedomfastlane100 2 жыл бұрын
Thank you for sharing Bill. 👏👏👏
@jayguerero47
@jayguerero47 Жыл бұрын
LOVE THIS. thanks sir!
@roswell644
@roswell644 Жыл бұрын
Good insights!
@intanshaharudin9657
@intanshaharudin9657 2 жыл бұрын
Great video, Bill!
@diegodenardin398
@diegodenardin398 Жыл бұрын
Thank you for the good tips!
@nabiamujib2543
@nabiamujib2543 8 ай бұрын
Amazing explanations❤❤❤
@chathurakulathilaka6936
@chathurakulathilaka6936 7 ай бұрын
Good content, appreciate it
@Tizonwar8
@Tizonwar8 2 жыл бұрын
Super insightful, thanks for sharing. Saves us doing tonnes of "networking" just to get a brief understanding of what these financial seniors do.
@cmaman1
@cmaman1 2 жыл бұрын
Great advice 👍
@husseinmustafa5326
@husseinmustafa5326 2 жыл бұрын
I did before as auditor. i need more thanks 👍
@abdullahesmail9681
@abdullahesmail9681 2 жыл бұрын
Good job Bill Keep going we waiting for More & More videos
@gerardorodriguez9943
@gerardorodriguez9943 2 жыл бұрын
I have been working in Corporate Finance for over 10 years and I have to say that your videos are very insightful. I only wish I would have received your advise much sooner. Keep up the good work 👏.
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Thanks brother
@wombat0433
@wombat0433 2 жыл бұрын
How do I know if a counting is for me. I have been in accounting for 4 years with no promotion and it's really getting dull and although I'm studying for my CPA I don't even know what the future holds for me any advice for an uncertain future?
@HI-bv9is
@HI-bv9is 2 жыл бұрын
@@wombat0433 Get out of your comfort zone. It seems that you already mastered the job you have for 4 years and it's time to move beyond thist point if you want to learn more and advance your career. Start applying for higher positions.
@wombat0433
@wombat0433 2 жыл бұрын
@@HI-bv9is thank you for the feedback. I would love to look for another job but at the moment I am unable as this whole pandemic has made my anxiety a bit worse so since I work from home I'm going to stick it out a little longer hopefully I'll be better in the future. As for the higher position I don't even feel competent in my current role anymore so now I'm just questioning everything since I wasn't promoted. I'm like a dog that's been kicked out to the streets and the master throws tortillas at it
@HI-bv9is
@HI-bv9is 2 жыл бұрын
@@wombat0433 I'm sure you are very good at what you do and been doing for 4 years. Don't let your mind play tricks on you. Take like a week vacation to reset your brain. I think you're just tired and your brain is exhausted from over thinking. Stay strong and don't give up!
@ltran6535
@ltran6535 2 жыл бұрын
Thank you!!
@IsaacOgunleye-wy7mu
@IsaacOgunleye-wy7mu 6 ай бұрын
Quite insightful you are such a wonderful teacher..thank you sir from Nigeria
@scotolivera8207
@scotolivera8207 2 жыл бұрын
Thanks
@elenabyrd5754
@elenabyrd5754 2 жыл бұрын
I have gained so much knowledge from you that has helped me tremendously in my career. Thank you!
@TheFinancialController
@TheFinancialController 2 жыл бұрын
I’m glad it’s helpful Elena!
@920WIZCO
@920WIZCO 2 жыл бұрын
Another great video, thanks for sharing!
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Thanks brother
@issamelsayd
@issamelsayd Жыл бұрын
Thank you
@samenahoro8128
@samenahoro8128 11 ай бұрын
AWESOME !!!!!!!
@ramakrishnan7060
@ramakrishnan7060 2 жыл бұрын
Million likes and thank-you. Very timely video
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Thanks for watching
@tranquil5608
@tranquil5608 2 жыл бұрын
Very precise and informative video. Many thanks for the good work
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Thanks for watching
@AbdullahiAbdirahmanAli
@AbdullahiAbdirahmanAli Жыл бұрын
REALY HELPFUL STUFF. AND YOUR WAY OF EXPLAINING WHAT REALLY MATTERS IS WHAT MAKES YOU APART FROM EVERYONE ELSE. AND THAT IS ABSOLUTELY CRUCIAL TO US ACCOUNTING COMMUNITY. THANK YOU MAN.
@TheFinancialController
@TheFinancialController Жыл бұрын
Thanks so much!
@vijayrajashree4694
@vijayrajashree4694 Жыл бұрын
Good one.. 😊
@theserenedogeofvenice3895
@theserenedogeofvenice3895 2 жыл бұрын
Bill, I love this video! Please look into making more of these for other roles on the team too!
@wombat0433
@wombat0433 2 жыл бұрын
How do I know if a counting is for me. I have been in accounting for 4 years with no promotion and it's really getting dull and although I'm studying for my CPA I don't even know what the future holds for me any advice for an uncertain future?
@opentheworld
@opentheworld 2 жыл бұрын
I'm following you from the Netherlands. I'm both a traveler and a Cpa. Your tips are very important. Thank you, good posts 👏
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Welcome aboard!
@richardkwabla7525
@richardkwabla7525 2 жыл бұрын
Thank u sir
@funfinance8007
@funfinance8007 6 ай бұрын
Informative video! Perfect
@TheFinancialController
@TheFinancialController 6 ай бұрын
Glad you think so!
@Soulenergy31
@Soulenergy31 2 жыл бұрын
Bill is the Bossss!! 👍 great content as always!!
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Thank you Saul!
@mm22sapphire50
@mm22sapphire50 2 жыл бұрын
Today is my first day as a financial controller and i seem to have left a good impact
@TheFinancialController
@TheFinancialController 2 жыл бұрын
Best of luck to you sir
@ltran6535
@ltran6535 2 жыл бұрын
Good luck!
@kennyrogers1243
@kennyrogers1243 Жыл бұрын
How’s it going
@mm22sapphire50
@mm22sapphire50 Жыл бұрын
@@kennyrogers1243 i am now a business controller and it is going well so far :)
@user-dn5jo7hi4j
@user-dn5jo7hi4j Жыл бұрын
Amazing thanx
@hackit9578
@hackit9578 Жыл бұрын
Hi Bill, thank you for another video. I was thinking of giving up finance because I just couldn't get it .. until I found your videos ❤ thank you. I've been following you since had below 50 members and I'm so glad you kept going. Thank you again for the awesome videos
@TheFinancialController
@TheFinancialController Жыл бұрын
Thanks a lot for your nice words!
@GaborCsirke
@GaborCsirke 2 ай бұрын
Thank you! I learned from your video. Good for the three priority groups.
@TheFinancialController
@TheFinancialController 2 ай бұрын
Excellent!
@HomewithHilda
@HomewithHilda 2 жыл бұрын
Hi Bill, can you please do a video about Billable hours in Accounting Firms especially during busy season? P
@bergerhugueslusanda5968
@bergerhugueslusanda5968 8 ай бұрын
Thank you so much
@TheFinancialController
@TheFinancialController 8 ай бұрын
You're most welcome
@damianboyd9142
@damianboyd9142 Жыл бұрын
Love your content. would it be possible for you to give something similar on what a typical week would look like as a financial controller within a health insurance company?
@TheFinancialController
@TheFinancialController Жыл бұрын
Thanks! I will try
@matsji
@matsji Ай бұрын
Today is the first week as a financial controller. I hope it will help me to execute things properly
@frankmeyer2874
@frankmeyer2874 Жыл бұрын
great little vid pitty employment agencies dont ask these questions when scoping projects !!!
@jonathanvargaszuniga7478
@jonathanvargaszuniga7478 2 жыл бұрын
Hi Bill, thanks for the video, I was offered a Financial Controller position, I have a quick question, whats the correct approach when talking to other department leaders, what can you ask ask for?, are there any limitations?
@tatjanaaustin9225
@tatjanaaustin9225 2 жыл бұрын
Thank you for the video, especially love peeling face mask in the background. 😂 be real!! Be yourself!!
@captainobvious2435
@captainobvious2435 2 жыл бұрын
That was Christian Bale in the movie American Psycho.
@TheCareerCypher5871
@TheCareerCypher5871 Жыл бұрын
Listened to most of your videos and I got the job, now I need to study for the role and excel at it
@TheFinancialController
@TheFinancialController Жыл бұрын
Nice job!
@TheCareerCypher5871
@TheCareerCypher5871 Жыл бұрын
@@TheFinancialController Thanks and God bless you and your works
@kingmoran
@kingmoran 2 жыл бұрын
Can you do Financial Analyst?
@user-eh5vb3cx9f
@user-eh5vb3cx9f Ай бұрын
Hi Bill Thank you for your informative videos. Are these the same things to do with the financial institution business also?
@TheFinancialController
@TheFinancialController Ай бұрын
Yes, to a large extent
@eliasabdissa9406
@eliasabdissa9406 Жыл бұрын
Hi brokindly asking to give me feedback regarding manufacturing flow chart and structure of the company thank youin advance
@sali1806
@sali1806 2 жыл бұрын
Hi, your videos are very lively and interesting, and I am looking forward to working with you. How can I contact you?
@sallyho146
@sallyho146 2 жыл бұрын
Not sure about changing bank accounts. It will lose a historic data. If new start up and new bank account, there is not much historical data. Then it makes sense to change the bank.
@Kaijja
@Kaijja Жыл бұрын
I work at a big 4, I'm being headhunted to work at a manufacturer as a Plant Controller. That's why I'm here 😂 Any tips for the transition?
@TheFinancialController
@TheFinancialController Жыл бұрын
Congratulations! just follow the tips in this video!
@user-tj5sh3dg1s
@user-tj5sh3dg1s 2 жыл бұрын
Ups and downs are inevitable in life. The more favourable the situation, the humbler we need to be. Keep bitterness to ourselves and leave happiness to others.
@phd-prospect7294
@phd-prospect7294 2 жыл бұрын
👨‍🎓👨‍🎓👨‍🎓👨‍🎓
@HD-xh3fk
@HD-xh3fk Жыл бұрын
Hi Bill, for billing error on an invoice, what main account I should charge to ?
@TheFinancialController
@TheFinancialController Жыл бұрын
In most cases revenue account
@janeh5949
@janeh5949 Жыл бұрын
I was offered an interim CFO position, I do not have a CPA, I will fill in for a couple of months until they hire a permanent CFO. This is a nonprofit foster care agency with two accountants under me. Am I going to follow the same procedures and expectations and those three items? Or should I concentrate on something else since it’s nonprofit?
@TheFinancialController
@TheFinancialController Жыл бұрын
Same but also ask about various source of grants and ask to see the budget
@erinbsullivan444
@erinbsullivan444 2 жыл бұрын
Too late!😅 This would have been good information 2 months ago. 🤷🏼‍♀️
@maryamaishanyc7449
@maryamaishanyc7449 3 ай бұрын
I’ve been working as an AP agent for a not large company for over 3 years also usually covering up for AR and order entering agent. I basically know so much but can’t sell my services very well.😢 And another thing is that I can’t go out to work onsite because I have to always be home. That’s why I’ve been stuck with this unappreciative employer who never gives raise. I’ve been watching a couple of videos for a couple days and your advices are really empowering and insightful. So I simply wanted to thank you for motivation and inspiration❤️
@TheFinancialController
@TheFinancialController 3 ай бұрын
Thanks for sharing this and I do hope you find a way to improve your work situation! All the best.
@OmarAl93
@OmarAl93 Жыл бұрын
Hi Bill, I have big interview as Controller at large corporate next week. I've been reveiewing your viedeos are they're truly helpful :) any tips for beginners on essentials for forecasting and planning for financial Statements? I feel closing entries is something I'm able to understand as we have covered enough in University on IFRS regulations.
@MurtazaM52
@MurtazaM52 Жыл бұрын
Hi Omar, How did your Interview go? I’m also in a similar position, applying for a Controller position, might have the interview next week. Any tips or advice is super helpful!
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