Traditionally, controllers were viewed as guardians of accuracy and compliance. Modern controllers:

• Ensure financial integrity.
• Provide forward-looking insight.
• Influence decisions before outcomes are locked in.

The strategic controller helps leadership decide what should happen, not just explain what already did. The controller often acts as an enterprise translator between strategy, operations, and financial outcomes. This sometimes can appear to be accuracy-focused and not necessarily decision-useful insight.

Controllers must move away from just variance explanation and include performance interpretation. To do this, the controller must understand business models and value drivers, be able to translate strategy into financial growth, and align KPIs with strategic priorities.

Part of this process includes understanding concepts of root-cause analysis versus surface-level variance analysis. It also includes understanding correlation versus causation in financial data. Within this segment, we will review all of these concepts, and controllers will come away with insightful ideas regarding how to elevate their role.