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Accounting manager vs assistant controller

The differences between accounting managers and assistant controllers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an accounting manager and an assistant controller. Additionally, an assistant controller has an average salary of $91,447, which is higher than the $84,451 average annual salary of an accounting manager.

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

Accounting manager vs assistant controller overview

Accounting ManagerAssistant Controller
Yearly salary$84,451$91,447
Hourly rate$40.60$43.96
Growth rate17%17%
Number of jobs92,08958,643
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Average age4646
Years of experience88

What does an accounting manager do?

An accounting manager is responsible for supervising and monitoring the overall accounting department operations. Duties of an accounting manager include reviewing account information and account statements, processing invoices, analyzing financial data, performing account reconciliations, assisting with tax processing and audit reports, and generating financial reports for presentation with the board. An accounting manager must have excellent knowledge of the accounting principles and legislation to assist the team with the company's financial goals. Accounting managers must have the outstanding analytical, critical thinking, and decision-making skills to develop the best competitive financial strategies.

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 vs assistant controller salary

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

Accounting ManagerAssistant Controller
Average salary$84,451$91,447
Salary rangeBetween $60,000 And $117,000Between $63,000 And $132,000
Highest paying CitySan Francisco, CAStamford, CT
Highest paying stateVermontConnecticut
Best paying companyMorgan LewisCloudflare
Best paying industryFinanceFinance

Differences between accounting manager and assistant controller education

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

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

Accounting manager vs assistant controller demographics

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

Accounting ManagerAssistant Controller
Average age4646
Gender ratioMale, 40.4% Female, 59.6%Male, 49.8% Female, 50.2%
Race ratioBlack or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 10.0% White, 63.2% American Indian and Alaska Native, 0.3%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 Percentage11%11%

Differences between accounting manager and assistant controller duties and responsibilities

Accounting manager example responsibilities.

  • Refine the 'pro forma invoice' system process to manage prepayments of client invoices enhancing efficiency and adding value.
  • Work independently on line of business projects to automate derivative processes and system enhancement testing.
  • Manage payroll and all taxation matters, coordinate independent audit; communicate with outside organizations and agencies.
  • Lead team that develop templates and procedure documentation of key controls within general accounting to comply with Sarbanes-Oxley.
  • Lead successful international enterprise wide ERP migration and experience in analysis, testing, documentation, design and implementation.
  • Conduct corporate treasury management planning and analysis, manages controls for inventory and cost accumulation for all products sell.
  • Show more

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.
  • Show more

Accounting manager vs assistant controller skills

Common accounting manager skills
  • Reconciliations, 10%
  • CPA, 9%
  • GAAP, 7%
  • Customer Service, 5%
  • Payroll Processing, 4%
  • Internal Controls, 4%
Common assistant controller skills
  • Reconciliations, 9%
  • CPA, 8%
  • GAAP, 7%
  • Internal Controls, 5%
  • Payroll Processing, 5%
  • External Auditors, 5%

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