Institute of Management Accounting and Control

Controllers: Will the Succes Story Continue?

New employment data from the German Federal Employment Agency provide encouraging findings for members of the profession

The digitalization also has an effect on the controlling profession, and examples from industry show that intelligent systems and algorithms can even replace activities for which an automation was inconceivable a few years ago. In the long run, this development may imply a significantly reduced need for controllers or even the “extinction” of the controller profession itself.

But are these only nightmare scenarios or can a potential decline of the controlling profession already be observed in the job market? Dr. Stefan Grunwald-Delitz, Prof. Utz Schäffer, and Prof. Jürgen Weber have investigated these questions by analyzing employment data from the German Federal Employment Agency of the past three years. The result of this analysis is quite encouraging for members of the profession: Controlling is still on the upswing! From 2017 to 2019, the number of controllers has increased by roughly 10,000 to 120,000 employees. Compared to other jobs in finance or the development of the job market in general, this represents a disproportionately high increase. The success story of the controlling profession thus continues for the time being. However, this does not imply that the all-clear has been given. It is therefore particularly important to further develop the role image of controllers and to proactively address any accompanying challenges.

Grunwald-Delitz, S./Schäffer, U./Weber, J. (2021): Controller: Geht die Erfolgsstory weiter?, in: Controller Magazin 45 (2), p. 6-10.