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Accounting manager/controller vs accounting consultant

The differences between accounting managers/controller and accounting consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an accounting manager/controller and an accounting consultant. Additionally, an accounting manager/controller has an average salary of $93,973, which is higher than the $62,830 average annual salary of an accounting consultant.

The top three skills for an accounting manager/controller include reconciliations, CPA and internal controls. The most important skills for an accounting consultant are CPA, GAAP, and reconciliations.

Accounting manager/controller vs accounting consultant overview

Accounting Manager/ControllerAccounting Consultant
Yearly salary$93,973$62,830
Hourly rate$45.18$30.21
Growth rate6%6%
Number of jobs58,29274,894
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 73%
Average age4444
Years of experience44

What does an accounting manager/controller do?

An accounting manager/controller is responsible for spearheading and overseeing the daily operations in a company's accounting department. They monitor the company's budgets, including its costs and expenditures, and produce financial reports. It is also their duty to establish objectives and guidelines, manage accounting staff, monitor financial activities, review and assess financial statements, approve expenditures, and resolve issues promptly and efficiently. Furthermore, as an accounting manager/controller, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.

What does an accounting consultant do?

An Accounting Consultant is a person tasked to assist the accounting department of a company. The consultant advises businesses concerning the accounting system used by the organization. It is also through the accounting consultant's help that improvements in the accounting process are proposed, the determination of problematic areas in the workflow, possible issues in the future, and everything that needs upgrading. The accounting consultant also helps businesses conform to legal policies set about by State and Federal legislation.

Accounting manager/controller vs accounting consultant salary

Accounting managers/controller and accounting consultants have different pay scales, as shown below.

Accounting Manager/ControllerAccounting Consultant
Average salary$93,973$62,830
Salary rangeBetween $66,000 And $133,000Between $45,000 And $86,000
Highest paying CityAlbany, NYSan Francisco, CA
Highest paying stateNew YorkCalifornia
Best paying companyAmazonJordan Company
Best paying industryTechnologyManufacturing

Differences between accounting manager/controller and accounting consultant education

There are a few differences between an accounting manager/controller and an accounting consultant in terms of educational background:

Accounting Manager/ControllerAccounting Consultant
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 73%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting manager/controller vs accounting consultant demographics

Here are the differences between accounting managers/controller' and accounting consultants' demographics:

Accounting Manager/ControllerAccounting Consultant
Average age4444
Gender ratioMale, 48.4% Female, 51.6%Male, 49.3% Female, 50.7%
Race ratioBlack or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.1% White, 63.6% American Indian and Alaska Native, 0.5%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 13.4% White, 63.0% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accounting manager/controller and accounting consultant duties and responsibilities

Accounting manager/controller example responsibilities.

  • Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
  • Prepare and provide information as needed to independent auditors and outside CPA for tax compliance; coordinate activities of external auditors.
  • Perform treasury and cash management responsibilities.
  • Standardize balancing methods for semi-weekly payroll and quarterly payroll tax returns gaining consistency among four banks.
  • Mentore, motivate and train the finance staff in their areas of the department and QuickBooks.
  • Correct the ERP system to properly reflect accurate costing of inventory and proper reflection of costs.
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Accounting consultant example responsibilities.

  • Work independently on line of business projects to automate derivative processes and system enhancement testing.
  • Share oversight for recruitment, human resources and advertising.
  • Provide support to accounts payable department in tagging and recording of fix assets during an ERP system transition
  • Work with governance and internal audit team ensuring SOX compliance during monthly & quarterly reviews as well as the annual audit.
  • Collaborate with accounting department in monthly closing process and development of internal controls to support SOX requirements.
  • Improve audit performance of major medical center by clearing backlog of account reconciliations across multiple medical billing systems.
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Accounting manager/controller vs accounting consultant skills

Common accounting manager/controller skills
  • Reconciliations, 7%
  • CPA, 7%
  • Internal Controls, 6%
  • GAAP, 5%
  • Cash Management, 5%
  • Payroll Taxes, 5%
Common accounting consultant skills
  • CPA, 15%
  • GAAP, 11%
  • Reconciliations, 8%
  • ERP, 4%
  • Shared Services, 4%
  • SOX, 4%

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