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Accounting manager/controller vs assistant controller

The differences between accounting managers/controller and assistant controllers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an accounting manager/controller, becoming an assistant controller takes usually requires 6-8 years. Additionally, an accounting manager/controller has an average salary of $93,973, which is higher than the $91,447 average annual salary of an assistant controller.

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

Accounting manager/controller vs assistant controller overview

Accounting Manager/ControllerAssistant Controller
Yearly salary$93,973$91,447
Hourly rate$45.18$43.96
Growth rate6%17%
Number of jobs58,29258,643
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Average age4446
Years of experience48

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 assistant controller do?

An assistant controller is an individual who supports and reports to the corporate controller about all the organization's accounting-related activities such as managerial accounting and financial activities. Assistant controllers are instrumental in maintaining the accountability of the organization's financial resources and protecting the assets of its investors. They delegate data entry tasks with junior accounting staff and coordinate financial audits with the vice president and chief financial officer (CFO). The minimum educational attainment of an assistant controller is to obtain a bachelor's degree in finance or accounting related field.

Accounting manager/controller vs assistant controller salary

Accounting managers/controller and assistant controllers have different pay scales, as shown below.

Accounting Manager/ControllerAssistant Controller
Average salary$93,973$91,447
Salary rangeBetween $66,000 And $133,000Between $63,000 And $132,000
Highest paying CityAlbany, NYStamford, CT
Highest paying stateNew YorkConnecticut
Best paying companyAmazonCloudflare
Best paying industryTechnologyFinance

Differences between accounting manager/controller and assistant controller education

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

Accounting Manager/ControllerAssistant Controller
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting manager/controller vs assistant controller demographics

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

Accounting Manager/ControllerAssistant Controller
Average age4446
Gender ratioMale, 48.4% Female, 51.6%Male, 49.8% Female, 50.2%
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, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 9.1% White, 64.0% American Indian and Alaska Native, 0.3%
LGBT Percentage7%11%

Differences between accounting manager/controller and assistant controller 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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Assistant controller example responsibilities.

  • Lead divisional capital management through ROI analysis on new products and other capital investments to maximize returns.
  • Facilitate the implementation of ERP system, which increase productivity in efficiently and effectively manage the functionality of the organization.
  • Initiate ongoing departmental projects to automate daily tasks which include the calculations for income distributions and the daily income account reconciliation.
  • Maintain timely and accurate general ledger account reconciliations, oversee treasury management, and handle fixed asset tracking and reporting.
  • Direct balance sheet and inter-company reconciliations according to GAAP and ensure compliance across accounting, payroll, and inventory management systems.
  • Oversee corporate financial internal controls including a complete re-write of all standard operating procedure documentation and supporting annual SOX audit work.
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Accounting manager/controller vs assistant controller skills

Common accounting manager/controller skills
  • Reconciliations, 7%
  • CPA, 7%
  • Internal Controls, 6%
  • GAAP, 5%
  • Cash Management, 5%
  • Payroll Taxes, 5%
Common assistant controller skills
  • Reconciliations, 9%
  • CPA, 8%
  • GAAP, 7%
  • Internal Controls, 5%
  • Payroll Processing, 5%
  • External Auditors, 5%

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