Top KPIs for Financial Controller
1.Budget Variance: The difference between budgeted and actual financial performance, indicating financial management effectiveness.
2.Cash Flow Management: Monitoring of incoming and outgoing cash flows to ensure liquidity and operational stability.
3.Cost of Compliance: The total cost associated with meeting regulatory and compliance requirements.
4.Financial Reporting Accuracy: The accuracy and timeliness of financial reporting, ensuring stakeholder confidence.
5.Internal Audit Findings Resolution Rate: The speed and thoroughness with which audit findings are resolved.
6.Tax Optimization: Strategies implemented to legally minimize tax liabilities and maximize compliance.
7.Working Capital Efficiency: The effectiveness of managing short-term assets and liabilities.
8.Accounts Receivable/Payable Turnover: Measures the speed of collection on receivables and payment of payables.
9.Financial Process Automation Level: The extent to which financial processes are automated, improving efficiency.
10.Debt Management: The management of corporate debt levels to ensure financial health and stability.