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Fact Sheet
Management Controller / Management Accountant

From financial dashboards to operational data, the Management Controller plays a major role in steering a company’s economic performance and provides a permanent link between Operations managers and senior managers through bottom-up information flows.

WHAT DOES THIS PERSON DO?

A watchful co-pilot
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The controller’s main goal is to help directors define their strategy and ensure the strategy is being properly implemented by means of budget monitoring. This involves working with tools for guiding and controlling operations, such as dashboards, cost analyses, and regular forecasting. Each team has a Management Controller who tracks the budgets for one or more cost centres. Budget building, reporting, and analysing and commenting on performance are the main tasks. Depending on the position held, a controller may also have to report to the Board and propose corrective measures when the indicators are not all green!

Versatile and diversified
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Management control covers a variety of fields. Controllers must have a good grasp of financial and accounting concepts as well as a good understanding of the drivers of each activity. In addition, they help with managing the financial and accounting information systems, which calls for considerable familiarity with them. They also keep an eye on the production systems and ensure the reliability of the data fed into the financial systems, especially in relation to the evaluation of product inventories.

What are the essential qualities?

Tact and firmness
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The Management Controller interacts directly with the company’s various departments. From front-line supervisors to the office of the President, controllers must provide genuine help while being sufficiently firm to obtain the required answers.

A head for numbers
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Analysis, synthesis and method: as is the case for all accounting professions, Management Control calls for a well-structured mind. An ability to recall the key indicators means controllers can give the numbers that will hit home at Board meetings. They must also have a solid background in accounting.

Educational requirements

A wide range of training options can lead to the profession of Management Controller.

There is a Bachelor's degree (professional) with a specialisation in management control. However, large companies tend to prefer young graduates with a bac +5 diploma.

A bac +5 diploma (university Master’s degree or a diploma from the major business schools) can be earned via the Bachelor's in management offered at UNC or EGC (New Caledonia’s business and management school), as the latter has preparatory programs for the parallel competitive entrance exams for the major business schools (accessed in year 2).

As for as the Bachelor's degree is concerned (economy, management), the UNC/Lycée Grand Nouméa partnership offers business courses in preparation for the competitive entrance exams for the major schools.

Worth knowing!

The professions of corporate financial executive and manager are targeted in the Cadre avenir program. Students in these fields therefore have priority access to this program, which offers financial and educational support during the entire training period.

Bachelor's : 
•  Bachelor's (pro Law), major in economics and management, sub-major in organisations, with specialisation in general administration of small-and medium-sized businesses and industries

Master’s:

•  Master (pro Law), major in economics and management, sub-major in finance and bookkeeping with specialisation in financial management and management control
•  Master (pro Law), major in economics and management, sub-major in bookkeeping and finance with specialisation in financial management, management control and internal audits
•  Master (pro Law), major in economics and management, sub-major in finance with specialisation in bookkeeping, control, audits
•  Master (pro Law), major in economics and management, sub-major in bookkeeping, control, audits with specialisation in management control and internal audits
•  Master (pro Law), major in economics and management, sub-major in management sciences
•  Master (pro Law), major in economics and management, sub-major in finance, bookkeeping, control with specialisation in finance and management control
•  Master (pro Law), major in economics and management, sub-major in management with specialisation in corporate finance and management control
•  Master (pro Law), major in economics and management, sub-major in bookkeeping and control with specialisation in management control
•  Master (res. Law), major in economics and management, sub-major in finance and bookkeeping with specialisation in public sector management and audits
•  Master’s degree, international economics and finance

Diploma:

•  Senior accounting and management diploma
•  Graduate certificate in sales and management (Bachelor SUP'TG Bordeaux)
•  Diploma from an institute of political studies, economics and finance section

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