Managing the finances of a large corporate group requires sharp eyes and even sharper ears.
At Société Générale, the financial controller orchestrates billions of pieces of financial data and sets them to music.
As financial controllers, we make sure that the figures add up and are properly presented in order to post them every quarter.
Every 10th of the month, we validate what are called statements of account. Which means... things can get tense.
The validation process covers 3 stages.The first-level control consists of verifying, independently of the production, that the data has been duly entered and translated into standard accounting language, in accordance with set standards.
Level-two controllers have an overall view of the data turned over by all the teams. They ensure everything is coherent and correct.
Once all the controls are done, the documents are sent to external agencies, such as auditors, tax agents, and regulators, for official validation.
Another aspect of our job deals with adapting to changes in accounting standards.It’s a constantly evolving subject. The data has to be filed according to industry standards, and it’s the regulators who set the tone.
You might think that financial controller is a numbers job. But in the end, it's mostly about working with the various company teams.
As financial controllers, we train teams as standards evolve, and we work on our teaching skills by explaining the results.