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

audit supervisortofinancial controller

A audit supervisor already meets 32% of what the financial controller role asks for. The move turns on 10 required skills not yet in the profile.

From audit supervisor
32%
Overlap1
To financial controller
9 Skills carried over
10 Required, not held
65.4 Difficulty2
Career overlap Distant match

32%

Learning distance Substantial retraining

65.4/ 100

1 Share of the financial controller role’s weighted skill requirement already met by the audit supervisor 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.

Why

Why this move works

A financial controller role treats 7 of its required skills as things a audit supervisor already does. These are the ones it depends on most.

  • accounting department processes
  • analyse financial performance of a company
  • financial department processes
  • financial statements
  • follow the statutory obligations
  • interpret financial statements

What stands in the way is 10 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.

Table 2

Table 2 · What you already bring

Of the 9 skills that carry over, these are the ones fewest other occupations ask for. A financial controller role needs them, and most people applying for one will not have them already. This is the part of a audit supervisor background worth leading with.

Skill the target role also needs Area
  • already held accounting department processes business, administration and law
  • already held financial department processes business, administration and law
  • already held prepare financial auditing reports information skills
  • already held follow the statutory obligations assisting and caring
  • already held interpret financial statements information skills
  • already held analyse financial performance of a company information skills

All 9 carried skills, including the 7 the financial controller role treats as required.

Table 3

Table 3 · What you would need to learn

The 28 missing skills fall into 5 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 information skills 5 required, 5 supplementary
  • required, not held develop financial statistics reports required
  • required, not held ensure compliance with accounting conventions required
  • required, not held prepare financial statements required
  • required, not held synthesise financial information required
  • required, not held track key performance indicators required
  • optional, not held analyse financial risk optional
  • optional, not held check accounting records optional
  • optional, not held inspect government expenditures optional
  • optional, not held manage the general ledger optional
  • optional, not held prepare tax returns forms optional
02 management skills 5 required, 4 supplementary
  • required, not held create a financial plan required
  • required, not held enforce financial policies required
  • required, not held evaluate budgets required
  • required, not held exert expenditure control required
  • required, not held explain accounting records required
  • optional, not held support development of annual budget optional
  • optional, not held manage budgets optional
  • optional, not held manage profitability optional
  • optional, not held supervise accounting operations optional
03 communication, collaboration and creativity 6 supplementary
  • optional, not held advise on tax planning optional
  • optional, not held disseminate information on tax legislation optional
  • optional, not held draft accounting procedures optional
  • optional, not held liaise with auditors optional
  • optional, not held liaise with financiers optional
  • optional, not held liaise with shareholders optional
04 business, administration and law 2 supplementary
  • optional, not held financial forecasting optional
  • optional, not held insolvency law optional
05 natural sciences, mathematics and statistics 1 supplementary
  • optional, not held statistics optional
Table 4

Table 4 · Where to start

The 3 entries a financial controller 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 9 skills that carry over
Skill Type
  • already held accounting department processes knowledge
  • already held analyse financial performance of a company 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 tax legislation knowledge
  • already held advise on financial matters skill
  • already held prepare financial auditing reports skill
18 supplementary skills, helpful but not required
Skill to acquire Tier
  • optional, not held support development of annual budget optional
  • optional, not held advise on tax planning optional
  • optional, not held analyse financial risk optional
  • optional, not held check accounting records optional
  • optional, not held disseminate information on tax legislation optional
  • optional, not held draft accounting procedures optional
  • optional, not held financial forecasting optional
  • optional, not held insolvency law optional
  • optional, not held inspect government expenditures optional
  • optional, not held liaise with auditors optional
  • optional, not held liaise with financiers optional
  • optional, not held liaise with shareholders optional
  • optional, not held manage budgets optional
  • optional, not held manage profitability optional
  • optional, not held manage the general ledger optional
  • optional, not held prepare tax returns forms optional
  • optional, not held statistics optional
  • optional, not held supervise accounting operations optional
28 held skills the financial controller role does not ask for
Skill Type
  • not needed by the target role adhere to Standard Operating Procedures skill
  • not needed by the target role adhere to organisational guidelines skill
  • not needed by the target role adhere to questionnaires skill
  • not needed by the target role advise on efficiency improvements skill
  • not needed by the target role arrange audit skill
  • not needed by the target role attend to detail in preparation for audits skill
  • not needed by the target role audit contractors skill
  • not needed by the target role audit techniques knowledge
  • not needed by the target role communicate problems to senior colleagues skill
  • not needed by the target role company policies knowledge
  • not needed by the target role conduct financial audits skill
  • not needed by the target role corporate law knowledge
  • not needed by the target role design questionnaires skill
  • not needed by the target role develop audit plan skill
  • not needed by the target role employment law knowledge
  • not needed by the target role execute ICT audits skill
  • not needed by the target role global standards for sustainability reporting knowledge
  • not needed by the target role internal auditing knowledge
  • not needed by the target role international financial reporting standards knowledge
  • not needed by the target role make strategic business decisions skill
  • not needed by the target role national generally accepted accounting principles knowledge
  • not needed by the target role observe confidentiality skill
  • not needed by the target role perform quality audits skill
  • not needed by the target role pose questions referring to documents skill
  • not needed by the target role prepare audit activities skill
  • not needed by the target role quality standards knowledge
  • not needed by the target role revise questionnaires skill
  • not needed by the target role supervise staff skill
3 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
  • optional, not held financial forecasting optional
  • optional, not held insolvency law optional
  • optional, not held statistics optional
Index

Other moves recorded from audit supervisor

Full index of moves from audit supervisor

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.