comptroller

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Comptroller

An officer who conducts the fiscal affairs of a state or Municipal Corporation.

A comptroller, which is often synonymous with auditor, generally has specific duties including the supervision of revenue, the examination and certification of accounts, and the inspection, examination, or control of the accounts of other public officials.

A state comptroller's major function is the final auditing and settling of all claims arising against the state.

The chief financial officer of any private organization, such as a university or a corporation, is also called a comptroller.

Within the federal government, the office of the comptroller of the currency exists as part of the national banking system. The function of this office is to promulgate and execute rules and regulations that govern the national banks. The approval of the comptroller of currency is essential to the organization of new national banks, as well as the transformation of state-chartered banks into national banks and the consolidation and merger of banks.

The comptroller general of the United States is the leading official of the General Accounting Office whose primary duty is to audit various governmental agencies.

comptroller

noun accountant, auditor, banker, bookkeeper, bookkeeping expert, bursar, business mannger, cashier, chartered accountant, chief accounting officer, depositary, examiner of business accounts, financial officer, inspector of accounts, inventory expert, manager, purser, reckoner, registrar, supervisor of accounts, treasurer, trustee
Associated concepts: city comptroller, state comptroller
References in periodicals archive ?
If you secure the financial controller job, that divisional FD/CFO role could well be yours to lose in future.
The new financial controller was coming up to retirement age and promoted me to assistant financial controller and basically let me run the department.
B), an industrial packaging products and services company, on Friday named David Lloyd as vice president (VP) and corporate financial controller, while Chris Luffler was promoted as VP and business managerial controller.
Between 1994 and 1999, Ighodaro moved rapidly through BT's management hierarchy, becoming financial controller for PC north east; controller, financial systems for BT's worldwide networks; head of group quality (strategy and business management) in London; director, networks and infrastructure programme office, in Munich; and financial controller, BTUK markets in London.
Following a number of training positions in accounting and audit, he moved to French-owned healthcare and agrochemical specialists Roussel UCLAF, where his positions included five years as finance director for Australia and New Zealand and six years as UK financial controller.
AVG Technologies NV (NYSE:AVG), a provider of Internet and mobile security, on Tuesday named Martin Wheatcroft as SVP of Finance and group financial controller, who will report to CFO John Little with immediate effect.
He qualified with CIMA in 1984 while working at Ford Motor Company and is currently BA's financial controller in its commercial section.
Easter (age 53) is currently finance director, Aviva UK general insurance, and has had a long career in finance with the company, having previously held senior finance roles including managing director, group finance and group financial controller.
Intertek Group plc (Intertek) today announces that Lloyd Pitchford, Intertek Chief Financial Officer, has resigned and will leave the company by 30 September 2014 at which time Edward Leigh, Intertek's Group Financial Controller, will replace him as Chief Financial Officer and join Intertek's Board.
The ACE Group of insurance and reinsurance companies, headed by ACE Limited (NYSE:ACE), reported on Monday the appointment of Samantha Froud, group financial controller, as chief administration officer for the company's Bermuda-based operations as of 1 January.
Li previously served as the Financial Controller at Techwayson Holdings Limited, a company which designs, supplies and integrates automation and controls system.
Sinclair has worked as Group Financial Controller at Sweett since October 2012.

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