The Role Of The Controller Is Evolving: They Are Now The Heart Of The Finance Function, And Decision Makers Must Ensure That They Are Reaching Their Full Potential

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Innovation Enterprise would like to introduce the Controller Summit, taking place in Boston on November 30 & December 1. Speakers will take the stage to share their experience around the evolution of the Controller's role.

Finance

We have organized this summit with the aim of providing not just controllers, but also finance leaders with the knowledge necessary to ensure the controller is being used to its full potential.

The primary leaders of the finance function are the Controller and CFO, two roles that are often confused with companies mistakenly believing them to be the same. The role of the Controller is, however, evolving, taking on the responsibilities left behind by the CFO as they move further towards a strategic position at the head of the company. Indeed, in a recent IMA survey, over 30% of controllers said that they were now taking on responsibilities that were traditionally carried out by the CFO, and almost 80% noted an increase in demand for them to apply strategic, forward-thinking skills.

This change does not just impact controllers. Those aspiring to be controllers need to adopt new skills, putting a greater emphasis on enhancing their leadership qualities and ability to lead on strategy. CFOs also need to better understand how to work with controllers, offering as much help as possible to enable them to best perform their responsibilities.

The Controller Summit will take place this November 30 and December 1 at the Colonnade Hotel in Boston, with speakers from a diverse range of industry leading companies taking the stage to share their experience around how controllers can realize their potential to promote company growth from the heart of the finance function.

Among the speakers will be Zekeriya Bildik, Industrial Controller of Ferrero. He will be arguing that the main driver behind the evolution of the Controller’s role is the turbulent times industries are facing, and provide insights around how controllers can adapt. Speaking to us ahead of the summit, he noted that: “Volatility and uncertainty are absolutely the main challenges of Controllers in today’s business environment. Customer trends, market trends, macroeconomic view, competitor behaviours-reactions, technology, regulations have been changing day by day at enormous pace. Great contribution is expected from controllers as strategic business partners - from forming new business processes through to having elastic business plans for all possible scenarios.”

Also speaking at the summit will be Alexi Wellman, VP, Global Controller at Yahoo, Oscar Palacio, Global Controller at Vice, Jim Waddell, Corporate Controller at Bose Corporation, and many others. They will cover a range of topics and lead discussion with 100+ delegates around everything impacting the controllers’ remit, from new technologies to how they can position themselves to drive growth.

Curator of the event Maisy Hockey noted that: “The role of the controller is changing and they must adapt fast. We have organized this summit with the aim of providing not just controllers, but also finance leaders with the knowledge necessary to ensure the controller is being used to its full potential, and the high quality of speakers should ensure attendees bring a wealth of insights back with them to their organization.”

Registrations can be completed online. For any questions regarding the summit or to enquire about group rates, please contact Elliott Jay, (+1 415 800 4714) or ejay(at)theiegroup(dot)com

IE
Innovation Enterprise Ltd, a division of Argyle Executive Forum, is a business-to-business media brand specializing in delivering the most innovative business solutions to executive-level decision makers. Innovation Enterprise produces a range on online and offline content, including, but not limited to, summits, online learning, webinars, and white papers, as well as offering other additional services such as lead generation and bespoke research.

Innovation Enterprise focuses on seven key channels - Finance, Supply Chain, Analytics, Big Data, Strategy, Digital, Innovation & Sports - to ensure that organizations are furnished with all the cutting-edge insights necessary to driving growth in the evolving business environment.

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Lauren Ravary
@IEGroup
since: 12/2008
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