A Comptroller is a financial executive who’s responsible for establishing and maintaining a company’s accounting system. They oversee the recording of financial transactions, prepare financial statements, and review internal controls. In other words, they manage all the finances of an organization.
Meanwhile, a Chief Financial Officer (CFO) is an executive who supervises the finance department of an organization and makes sure that it meets its goals. The CFO is also in charge of preparing budgets, forecasting cash flows, and analyzing financial data. Their job is to ensure stability and growth within the company by making wise investments and strategic decisions. Both positions require strong accounting skills, however the Comptroller generally focuses on the day-to-day processes while the CFO looks at the bigger picture.