Comptroller: meaning, definitions and examples

financial management

A comptroller is a management-level position responsible for overseeing the financial reporting and accounting processes within an organization. The role involves ensuring compliance with financial regulations and standards, as well as developing financial strategies to improve the organization's fiscal health. Comptrollers often supervise accounting departments, review financial data, and prepare budgets. They may work in both public sector entities, such as government agencies, and private companies. This position is crucial for maintaining the integrity and efficiency of an organization's financial operations.

chief accountant, controller, financial officer

Examples of usage

• The comptroller presented the annual budget to the board.

• Our company hired a new comptroller to streamline financial processes.

• The state comptroller audits local government finances yearly.