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CFO & Strategy

CFO vs. Controller: Which to Hire First and When

Collated by Harry Prabandham

Curated by Rubric Financial

Last updated

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Two Different Jobs

  • A controller is the top of your accounting function: backward-looking and internal. Their core question is 'are the numbers right?'
  • A CFO is the top of your finance function: forward-looking and external. Their core question is 'what should we do next?'
  • The controller owns the monthly close, GAAP accuracy, internal controls, compliance, and the accounting team.
  • The CFO owns strategy, fundraising, forecasting, cash and runway management, and board and investor relations.

About the author

Harry Prabandham

Founder & CEO

Founder and CEO of StartupCFO. MBA from Wharton, MS in Computer Science, and decades of experience building and advising venture-backed startups.

More articles by Harry

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