Financial professionals play a critical role in working with not-for-profits (NFPs) to provide donors, regulators, and other stakeholders with the information they need to understand the results produced by the NFP. Controllers and financial managers not only are responsible for the accounting function, but they also may facilitate budgeting, fundraising, and grant activities. Accounting systems, data, and internal controls are also in their purview.
Controllers' roles and responsibilities can vary depending on the size, type, and complexity of the organization.