In the early stages of a product, the Controller may be required to perform all phases and functions of the process, which includes posting and maintaining the general ledger, subsidiary ledger, journals, schedules and all files. As the product grows, staff should be added to assume the responsibilities of routine daily record-keeping maintenance. The Controller is responsible for the product and, when the need arises, can and will perform any and all of the routine daily functions as determined and created by the Controller at the onset of the product.
Responsibilities Manage the entire process of the back-office execution of each deal.
Know the big picture. Understand the product from top to bottom. Understand and possibly research the tax issues surrounding the product. Understand the trading strategy and how it achieves the goal. Create a process chart for the product.