Management control and audit professions
The management control and audit functions guarantee the financial performance of companies. They ensure that resources are used efficiently and that internal processes are respected.
Professionals in these fields combine advanced analytical skills with an in-depth understanding of business operations.
At EM Normandie Business School, we train experts in these fields, professionals capable of understanding the financial and operational complexities of businesses to ensure their success and long-term survival.
Management controller
Management controllers play a key role in optimising a company's financial performance. They analyse financial data, draw up budgets and forecasts and propose strategies to improve efficiency and profitability.
This professional works closely with management to define the company's economic and strategic objectives.
Their tasks include :
- Analysing financial and operational performance.
- Drawing up budgets, forecasts and financial reports.
- Proposing corrective measures to improve performance.
- Working with the various teams to ensure consistency of financial objectives.
Find out more about Arthur Streichenberg, Work-study track in Management Control at Air France
Internal auditor
The internal auditor ensures that the company complies with regulations and internal procedures. They identify risks and make recommendations to improve processes and internal controls.
They work closely with the various departments to ensure that recommendations are implemented.
In addition, he or she carries out regular audits to assess the effectiveness of the measures taken and ensure ongoing compliance.
Duties include :
- Carrying out audits of internal processes.
- Identifying financial and operational risks.
- Making recommendations to improve internal controls.
- Following up on corrective actions taken.
Financial auditor
The role of the financial auditor is to assess the reliability of a company's financial statements and ensure that they comply with current accounting standards and regulations. They analyse financial information to identify any risks and errors, thereby ensuring the transparency and integrity of financial reports.
They often work with the accounting departments and senior management to gather information and clarify complex issues.
They also prepare detailed reports on their findings and recommend corrective action to improve the quality and accuracy of the financial statements.
Its tasks include :
- Reviewing and evaluating financial statements to ensure accuracy and compliance.
- Analysing financial operations and transactions to detect potential risks and anomalies.
- Making suggestions for improving accounting procedures and financial controls.
- Verifying that corrective measures are implemented and that they address the issues identified.
Chief Financial Officer (CFO)
The Chief Financial Officer (CFO) oversees all the company's financial and administrative activities. He or she draws up the financial and administrative strategy, ensures that financial risks are managed and communicates with investors and stakeholders.
They also monitor budgets and financial forecasts to ensure that business objectives are met.
They also play a key role in investment and financing decisions to support the company's growth and profitability. They also ensure that administrative operations run smoothly to guarantee optimum organisational efficiency.
Its tasks include :
- Defining and implementing the company's financial and administrative strategy.
- Supervising cash management, investments and financing.
- Ensuring financial communication with investors and stakeholders.
- Manage the financial and administrative teams, oversee their development and optimise internal processes.
- Ensuring compliance with legal and regulatory obligations in financial and administrative matters.
Find out more about Anaïs Trentesaux, Management Control Director at Courir
Management control consultant
Management control consultants provide their expertise to help companies optimise their financial performance. They analyse financial processes, propose solutions and support the implementation of recommendations.
They work closely with internal teams to identify inefficiencies and areas for improvement.
In addition, he uses advanced management tools to monitor performance indicators and ensure that new practices are implemented effectively.
His tasks include :
- Analysing the financial processes of client companies.
- Proposing solutions to improve efficiency and profitability.
- Supporting the implementation of recommendations.
- Training client company teams in new practices.
Risk manager
The risk manager ensures that the company identifies, assesses and manages the potential risks that could affect its operations. They develop strategies to minimise negative impacts and ensure business continuity.
They carry out regular risk analyses to anticipate emerging threats and propose appropriate contingency plans.
It also trains staff in risk management best practice and ensures compliance with current regulations.
Its tasks include :
- Identifying and assessing financial, operational, strategic and compliance risks.
- Developing and implementing risk management policies and procedures.
- Drawing up business continuity plans.
- Communicating risks to the organisation's stakeholders.
- Monitoring the effectiveness of risk management strategies and propose continuous improvements.
External audit manager
The external auditor conducts financial audits for companies. They ensure that the financial statements accurately reflect the company's situation and that they comply with accounting standards.
They examine financial documents in detail and carry out control tests to verify the accuracy of the information.
In addition, it provides detailed reports to stakeholders, highlighting areas of concern and recommendations for improving transparency and financial reliability.
Its tasks include :
- Planning and carrying out financial audits.
- Checking that financial statements comply with accounting standards.
- Writing audit reports and presenting findings to senior management.
- Advising companies on best accounting and financial practices.
Financial analyst
Financial analysts study companies' financial data to assess their performance and growth potential. They provide recommendations to investors and executives to guide their financial decisions.
They use various analytical tools and models to interpret market trends and economic indicators.
In addition, he prepares detailed reports and presentations to communicate his analyses and forecasts clearly and concisely.
Duties include :
- Analysing financial statements and performance indicators.
- Assessing the financial health and growth potential of companies.
- Proposing investment or financial management recommendations.
- Monitoring financial markets and economic trends.
Discover the profile of Wilfried Yver, Director of Digital Strategy at Orange
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