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Accounting manager/controller hiring summary. Here are some key points about hiring accounting managers/controller in the United States:
Here's a step-by-step accounting manager/controller hiring guide:
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.
Before you start hiring an accounting manager/controller, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
An accounting manager/controller's background is also an important factor in determining whether they'll be a good fit for the position. For example, accounting managers/controller from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
The following list breaks down different types of accounting managers/controller and their corresponding salaries.
| Type of Accounting Manager/Controller | Description | Hourly rate |
|---|---|---|
| Accounting Manager/Controller | Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time... Show more | $31-63 |
| Manager/Finance Accounting | A manager of finance accounting's role is to oversee the financial activities in a company or organization. Their responsibilities revolve around coordinating with other departments to gather financial data, analyze the revenues and expenditures, and develop written reports and presentations... Show more | $31-61 |
| General Ledger Accountant | A general ledger accountant is in charge of ensuring the accuracy of a company's overall accounting processes and information. It is their responsibility to communicate with different departments and officials to gather necessary data, conduct extensive audits, prepare documentation and reports, maintain financial data on the company ledger, and interpret financial information... Show more | $22-36 |
Including a salary range in your accounting manager/controller job description helps attract top candidates to the position. An accounting manager/controller salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for an accounting manager/controller in Kansas may be lower than in New York, and an entry-level accounting manager/controller usually earns less than a senior-level accounting manager/controller. Additionally, an accounting manager/controller with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $121,681 | $59 |
| 2 | California | $119,406 | $57 |
| 3 | Massachusetts | $108,978 | $52 |
| 4 | Texas | $106,369 | $51 |
| 5 | Virginia | $102,435 | $49 |
| 6 | Washington | $95,794 | $46 |
| 7 | Maryland | $92,997 | $45 |
| 8 | Georgia | $90,846 | $44 |
| 9 | Illinois | $90,060 | $43 |
| 10 | Florida | $90,032 | $43 |
| 11 | Pennsylvania | $89,864 | $43 |
| 12 | Arizona | $86,917 | $42 |
| 13 | North Carolina | $85,746 | $41 |
| 14 | Michigan | $85,628 | $41 |
| 15 | Wisconsin | $84,722 | $41 |
| 16 | South Carolina | $84,716 | $41 |
| 17 | Alabama | $80,695 | $39 |
| 18 | Colorado | $79,281 | $38 |
| 19 | Utah | $74,926 | $36 |
| 20 | Tennessee | $74,696 | $36 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Amazon | $100,955 | $48.54 | 19 |
| 2 | U.S. Venture | $99,248 | $47.72 | |
| 3 | Estée Lauder | $99,213 | $47.70 | 5 |
| 4 | General Motors | $98,841 | $47.52 | 3 |
| 5 | Vontobel | $98,245 | $47.23 | |
| 6 | Brookfield Properties | $97,957 | $47.09 | |
| 7 | DICK'S Sporting Goods | $97,342 | $46.80 | |
| 8 | NetImpact Strategies | $96,138 | $46.22 | |
| 9 | Liberty Mutual Insurance | $95,318 | $45.83 | |
| 10 | Tenet Healthcare | $94,835 | $45.59 | 14 |
| 11 | Deloitte | $94,214 | $45.30 | 70 |
| 12 | Chrysalis | $91,817 | $44.14 | 2 |
| 13 | Cleco | $90,882 | $43.69 | 2 |
| 14 | Columbia River Mental Health Services | $90,644 | $43.58 | |
| 15 | Firefighters First Credit Union | $90,510 | $43.51 | |
| 16 | Randstad North America, Inc. | $90,309 | $43.42 | 42 |
| 17 | LifePoint Health | $89,255 | $42.91 | 9 |
| 18 | Juniper | $88,338 | $42.47 | |
| 19 | Federal Reserve Bank | $87,554 | $42.09 | |
| 20 | Northpoint | $87,405 | $42.02 | 9 |
A good accounting manager/controller job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of an accounting manager/controller job description:
There are a few common ways to find accounting managers/controller for your business:
Your first interview with accounting manager/controller candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the accounting manager/controller position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
After that, you can create an onboarding schedule for a new accounting manager/controller. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Hiring an accounting manager/controller comes with both the one-time cost per hire and ongoing costs. The cost of recruiting accounting managers/controller involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of accounting manager/controller recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $93,973 per year for an accounting manager/controller, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for accounting managers/controller in the US typically range between $31 and $63 an hour.